SZSE:002343

Stock Analysis Report

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Executive Summary

Ciwen Media Co., Ltd. engages in the investment, production, and distribution of TV series and films. More Details

Rewards

Earnings are forecast to grow 88.12% per year

Became profitable this year

Risk Analysis

No risks detected for 2343 from our risk checks.


Snowflake Analysis

High growth potential with excellent balance sheet.


Similar Companies

Share Price & News

How has Ciwen MediaLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 002343 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 002343's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

5.8%

2343

-0.2%

CN Entertainment

0.5%

CN Market


1 Year Return

-41.1%

2343

-10.4%

CN Entertainment

23.2%

CN Market

Return vs Industry: 002343 underperformed the CN Entertainment industry which returned -10.4% over the past year.

Return vs Market: 002343 underperformed the CN Market which returned 23.2% over the past year.


Shareholder returns

2343IndustryMarket
7 Day5.8%-0.2%0.5%
30 Day12.3%-6.2%0.6%
90 Day-15.2%-7.8%3.8%
1 Year-41.1%-41.1%-9.9%-10.4%25.2%23.2%
3 Year-76.5%-76.7%-31.9%-33.2%30.0%23.6%
5 Year-77.9%-78.2%-46.2%-47.1%47.5%37.4%

Long-Term Price Volatility Vs. Market

How volatile is Ciwen MediaLtd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ciwen MediaLtd undervalued compared to its fair value and its price relative to the market?

50.36x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 002343 (CN¥6.21) is trading above our estimate of fair value (CN¥0.44)

Significantly Below Fair Value: 002343 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 002343 is poor value based on its PE Ratio (50.4x) compared to the CN Entertainment industry average (33.6x).

PE vs Market: 002343 is poor value based on its PE Ratio (50.4x) compared to the CN market (34.9x).


Price to Earnings Growth Ratio

PEG Ratio: 002343 is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: 002343 is good value based on its PB Ratio (2.3x) compared to the CN Entertainment industry average (2.7x).


Next Steps

Future Growth

How is Ciwen MediaLtd forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

88.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 002343's forecast earnings growth (88.1% per year) is above the savings rate (3.3%).

Earnings vs Market: 002343's earnings (88.1% per year) are forecast to grow faster than the CN market (25.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 002343's revenue (42.6% per year) is forecast to grow faster than the CN market (18.4% per year).

High Growth Revenue: 002343's revenue (42.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 002343's Return on Equity is forecast to be low in 3 years time (11.4%).


Next Steps

Past Performance

How has Ciwen MediaLtd performed over the past 5 years?

-34.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 002343 has high quality earnings.

Growing Profit Margin: 002343 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 002343's earnings have declined by 34.7% per year over the past 5 years.

Accelerating Growth: 002343 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 002343 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (11.8%).


Return on Equity

High ROE: 002343's Return on Equity (2.9%) is considered low.


Next Steps

Financial Health

How is Ciwen MediaLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 002343's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.1B).

Long Term Liabilities: 002343's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥52.4M).


Debt to Equity History and Analysis

Debt Level: 002343's debt to equity ratio (25.3%) is considered satisfactory.

Reducing Debt: 002343's debt to equity ratio has reduced from 41.7% to 25.3% over the past 5 years.

Debt Coverage: 002343's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 002343's interest payments on its debt are well covered by EBIT (5.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Ciwen MediaLtd current dividend yield, its reliability and sustainability?

0.48%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 002343's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 002343's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 002343's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 002343's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 002343 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 002343's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

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


CEO

Ciwen MediaLtd 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

Ciwen Media Co.,Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ciwen Media Co.,Ltd.
  • Ticker: 2343
  • Exchange: SZSE
  • Founded: 2000
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: CN¥3.676b
  • Shares outstanding: 601.57m
  • Website: https://www.ciwen.com.cn

Number of Employees


Location

  • Ciwen Media Co.,Ltd.
  • Shuguang Building
  • 1-3rd Floors, Block B
  • Beijing
  • 100015
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2343SZSE (Shenzhen Stock Exchange)YesDomestic SharesCNCNYJan 2010
2343XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect)YesDomestic SharesCNCNYJan 2010

Biography

Ciwen Media Co., Ltd. engages in the investment, production, and distribution of TV series and films. It is also involved in the mobile leisure game development, promotions, and artist agency and related b...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 09:09
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.