Stock Analysis
- China
- /
- Entertainment
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- SHSE:600977
China Film First Quarter 2024 Earnings: EPS: CN¥0.052 (vs CN¥0.097 in 1Q 2023)
China Film (SHSE:600977) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥1.03b (down 29% from 1Q 2023).
- Net income: CN¥96.9m (down 47% from 1Q 2023).
- Profit margin: 9.4% (down from 13% in 1Q 2023).
- EPS: CN¥0.052 (down from CN¥0.097 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Film Earnings Insights
Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Entertainment industry in China.
Performance of the Chinese Entertainment industry.
The company's shares are down 1.2% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for China Film that you should be aware of before investing here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SHSE:600977
China Film
Engages in the production, distribution, projection, technology, service, and innovation of films and television dramas in China and internationally.
Flawless balance sheet with reasonable growth potential.