Hengdian Entertainment
Market Cap
CN¥9.2b
Last Updated
2021/03/04 09:01 UTC
Data Sources
Company Financials +
Executive Summary
Hengdian Entertainment Co., Ltd. operates theatres in China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with high growth potential.
Share Price & News
How has Hengdian Entertainment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 603103 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 603103's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
0.2%
603103
-0.2%
CN Entertainment
0.5%
CN Market
1 Year Return
-7.7%
603103
-10.4%
CN Entertainment
23.2%
CN Market
Return vs Industry: 603103 exceeded the CN Entertainment industry which returned -10.4% over the past year.
Return vs Market: 603103 underperformed the CN Market which returned 23.2% over the past year.
Shareholder returns
| 603103 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.2% | -0.2% | 0.5% |
| 30 Day | 2.5% | -6.2% | 0.6% |
| 90 Day | -15.2% | -7.8% | 3.8% |
| 1 Year | -6.7%-7.7% | -9.9%-10.4% | 25.2%23.2% |
| 3 Year | -42.0%-43.5% | -31.9%-33.2% | 30.0%23.6% |
| 5 Year | n/a | -46.2%-47.1% | 47.5%37.4% |
Long-Term Price Volatility Vs. Market
How volatile is Hengdian Entertainment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Hengdian Entertainment undervalued compared to its fair value and its price relative to the market?
4.86x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 603103 (CN¥14.63) is trading above our estimate of fair value (CN¥2.06)
Significantly Below Fair Value: 603103 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 603103 is unprofitable, so we can't compare its PE Ratio to the CN Entertainment industry average.
PE vs Market: 603103 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 603103's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 603103 is overvalued based on its PB Ratio (4.9x) compared to the CN Entertainment industry average (2.7x).
Next Steps
Future Growth
How is Hengdian Entertainment forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
103.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 603103 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.3%).
Earnings vs Market: 603103 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 603103's is expected to become profitable in the next 3 years.
Revenue vs Market: 603103's revenue (50.9% per year) is forecast to grow faster than the CN market (18.4% per year).
High Growth Revenue: 603103's revenue (50.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 603103's Return on Equity is forecast to be low in 3 years time (14.7%).
Next Steps
Past Performance
How has Hengdian Entertainment performed over the past 5 years?
-37.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 603103 is currently unprofitable.
Growing Profit Margin: 603103 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 603103 is unprofitable, and losses have increased over the past 5 years at a rate of 37.3% per year.
Accelerating Growth: Unable to compare 603103's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 603103 is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (11.8%).
Return on Equity
High ROE: 603103 has a negative Return on Equity (-16.69%), as it is currently unprofitable.
Next Steps
Financial Health
How is Hengdian Entertainment's financial position?
Financial Position Analysis
Short Term Liabilities: 603103's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥974.0M).
Long Term Liabilities: 603103's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥225.0M).
Debt to Equity History and Analysis
Debt Level: 603103 is debt free.
Reducing Debt: 603103 has no debt compared to 5 years ago when its debt to equity ratio was 68.8%.
Debt Coverage: 603103 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603103 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Hengdian Entertainment current dividend yield, its reliability and sustainability?
1.17%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 603103's dividend (1.17%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).
High Dividend: 603103's dividend (1.17%) is low compared to the top 25% of dividend payers in the CN market (1.77%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 603103 has been paying a dividend for less than 10 years.
Growing Dividend: 603103's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: 603103 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: 603103's dividends in 3 years are forecast to be well covered by earnings (47.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Hengdian Entertainment has no CEO, or we have no data on them.
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
Hengdian Entertainment Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hengdian Entertainment Co., Ltd.
- Ticker: 603103
- Exchange: SHSE
- Founded: 2015
- Industry: Movies and Entertainment
- Sector: Media
- Market Cap: CN¥9.221b
- Shares outstanding: 634.20m
- Website: https://www.hengdianfilm.com
Number of Employees
Location
- Hengdian Entertainment Co., Ltd.
- Business Building
- Hengdian Film and Television Industry Experimental Zone
- Dongyang
- Zhejiang Province
- 322118
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 603103 | SHSE (Shanghai Stock Exchange) | Yes | Domestic Shares | CN | CNY | Oct 2017 |
| 603103 | XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Oct 2017 |
Biography
Hengdian Entertainment Co., Ltd. operates theatres in China. It operates 424 theaters with 2,653 screens. The company was founded in 2015 and is based in Dongyang, China. Hengdian Entertainment Co., Ltd. i...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 09:01 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.