SHSE:600088

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China Television Media

Executive Summary

China Television Media, Ltd. engages in the film and television (TV) production, and media advertising agency businesses in China. More Details


Snowflake Analysis

Flawless balance sheet with high growth potential.


Similar Companies

Share Price & News

How has China Television Media's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600088 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 600088's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-3.3%

600088

-0.2%

CN Entertainment

0.5%

CN Market


1 Year Return

-36.4%

600088

-10.4%

CN Entertainment

23.2%

CN Market

Return vs Industry: 600088 underperformed the CN Entertainment industry which returned -10.4% over the past year.

Return vs Market: 600088 underperformed the CN Market which returned 23.2% over the past year.


Shareholder returns

600088IndustryMarket
7 Day-3.3%-0.2%0.5%
30 Day-8.6%-6.2%0.6%
90 Day-14.0%-7.8%3.8%
1 Year-36.1%-36.4%-9.9%-10.4%25.2%23.2%
3 Year-7.6%-9.3%-31.9%-33.2%30.0%23.6%
5 Year-36.6%-38.0%-46.2%-47.1%47.5%37.4%

Long-Term Price Volatility Vs. Market

How volatile is China Television Media's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is China Television Media undervalued compared to its fair value and its price relative to the market?

3.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 600088 (CN¥9.73) is trading above our estimate of fair value (CN¥1.01)

Significantly Below Fair Value: 600088 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 600088 is unprofitable, so we can't compare its PE Ratio to the CN Entertainment industry average.

PE vs Market: 600088 is unprofitable, so we can't compare its PE Ratio to the CN market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 600088's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 600088 is overvalued based on its PB Ratio (3.4x) compared to the CN Entertainment industry average (2.7x).


Next Steps

Future Growth

How is China Television Media forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

100.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600088 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.3%).

Earnings vs Market: 600088 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 600088's is expected to become profitable in the next 3 years.

Revenue vs Market: 600088's revenue (20.3% per year) is forecast to grow faster than the CN market (18.4% per year).

High Growth Revenue: 600088's revenue (20.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600088's Return on Equity is forecast to be low in 3 years time (10.6%).


Next Steps

Past Performance

How has China Television Media performed over the past 5 years?

21.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600088 is currently unprofitable.

Growing Profit Margin: 600088 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 600088 is unprofitable, but has reduced losses over the past 5 years at a rate of 21% per year.

Accelerating Growth: Unable to compare 600088's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 600088 is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (11.8%).


Return on Equity

High ROE: 600088 has a negative Return on Equity (-6.34%), as it is currently unprofitable.


Next Steps

Financial Health

How is China Television Media's financial position?


Financial Position Analysis

Short Term Liabilities: 600088's short term assets (CN¥805.1M) exceed its short term liabilities (CN¥257.8M).

Long Term Liabilities: 600088 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 600088 is debt free.

Reducing Debt: 600088 has not had any debt for past 5 years.

Debt Coverage: 600088 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 600088 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is China Television Media current dividend yield, its reliability and sustainability?

0.72%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600088's dividend (0.72%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 600088's dividend (0.72%) is low compared to the top 25% of dividend payers in the CN market (1.77%).


Stability and Growth of Payments

Stable Dividend: 600088's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600088's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 600088 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

CN¥1m

CEO Compensation


CEO

Jun Wang (48 yo)

no data

Tenure

CN¥1,213,900

Compensation

Mr. Jun Wang serves as General Manager of China Television Media, Ltd. Mr. Wang served as Assistant to President of Strategic and Investment Management at China Television Media, Ltd. He serves as a Direct...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

China Television Media, Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Television Media, Ltd.
  • Ticker: 600088
  • Exchange: SHSE
  • Founded: NaN
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: CN¥3.945b
  • Shares outstanding: 397.71m
  • Website: https://www.ctv-media.com.cn

Number of Employees


Location

  • China Television Media, Ltd.
  • Xintian International Building
  • 17th Floor, Block A
  • Shanghai
  • 200122
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
600088SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYFeb 1998
600088XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYFeb 1998

Biography

China Television Media, Ltd. engages in the film and television (TV) production, and media advertising agency businesses in China. It is involved in the planning, investment, production, and distribution o...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 09:11
End of Day Share Price2021/03/04 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.