Announcement • Jun 05
Citic Press Corporation, Annual General Meeting, Jun 26, 2026 Citic Press Corporation, Annual General Meeting, Jun 26, 2026, at 14:30 China Standard Time. Location: 18F, Block A, No. 27, Dongsanhuan North Road, Chaoyang District, Beijing China Board Change • May 20
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent director Jian Su was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 31
Citic Press Corporation to Report Q1, 2026 Results on Apr 28, 2026 Citic Press Corporation announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Citic Press Corporation to Report Fiscal Year 2025 Results on Mar 17, 2026 Citic Press Corporation announced that they will report fiscal year 2025 results on Mar 17, 2026 Announcement • Sep 30
Citic Press Corporation to Report Q3, 2025 Results on Oct 30, 2025 Citic Press Corporation announced that they will report Q3, 2025 results on Oct 30, 2025 Announcement • Jul 02
Citic Press Corporation to Report First Half, 2025 Results on Aug 28, 2025 Citic Press Corporation announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • May 24
Citic Press Corporation Approves Cash Dividend for 2024 Citic Press Corporation at its Annual General Meeting held on 22 May 2025 approved cash dividend of CNY 3.18000000 per 10 shares (tax included) for 2024. Announcement • Apr 30
Citic Press Corporation, Annual General Meeting, May 22, 2025 Citic Press Corporation, Annual General Meeting, May 22, 2025, at 14:30 China Standard Time. Location: 18F, Block A, No. 27, Dongsanhuan North Road, Chaoyang District, Beijing China Announcement • Mar 31
Citic Press Corporation to Report Q1, 2025 Results on Apr 26, 2025 Citic Press Corporation announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Mar 19
Citic Press Corporation Proposes Final Cash Dividend for 2024 Citic Press Corporation announced profit distribution proposal for 2024: final Cash dividend/10 shares (tax included): CNY 3.18000000. Announcement • Dec 31
Citic Press Corporation to Report Fiscal Year 2024 Results on Mar 18, 2025 Citic Press Corporation announced that they will report fiscal year 2024 results on Mar 18, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.18 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.19 (up from CN¥0.18 in 3Q 2023). Revenue: CN¥400.9m (down 2.9% from 3Q 2023). Net income: CN¥37.2m (up 5.1% from 3Q 2023). Profit margin: 9.3% (up from 8.6% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to CN¥30.42, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 17x in the Media industry in China. Total loss to shareholders of 4.2% over the past three years. Announcement • Sep 30
Citic Press Corporation to Report Q3, 2024 Results on Oct 30, 2024 Citic Press Corporation announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.26 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.29 (up from CN¥0.26 in 2Q 2023). Revenue: CN¥403.0m (down 9.6% from 2Q 2023). Net income: CN¥55.0m (up 13% from 2Q 2023). Profit margin: 14% (up from 11% in 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥29.86, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 17x in the Media industry in China. Total loss to shareholders of 1.6% over the past three years. Declared Dividend • Aug 02
Dividend reduced to CN¥0.31 Dividend of CN¥0.31 is 12% lower than last year. Ex-date: 7th August 2024 Payment date: 7th August 2024 Dividend yield will be 1.3%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 29
Citic Press Corporation to Report First Half, 2024 Results on Aug 30, 2024 Citic Press Corporation announced that they will report first half, 2024 results on Aug 30, 2024 Announcement • Jun 02
Citic Press Corporation, Annual General Meeting, Jun 27, 2024 Citic Press Corporation, Annual General Meeting, Jun 27, 2024, at 14:30 China Standard Time. Reported Earnings • May 01
First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.22 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.20 (down from CN¥0.22 in 1Q 2023). Revenue: CN¥402.1m (down 5.8% from 1Q 2023). Net income: CN¥37.9m (down 9.9% from 1Q 2023). Profit margin: 9.4% (in line with 1Q 2023). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Mar 30
Citic Press Corporation to Report Q1, 2024 Results on Apr 29, 2024 Citic Press Corporation announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥34.23, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 20x in the Media industry in China. Total loss to shareholders of 18% over the past three years. Reported Earnings • Mar 15
Full year 2023 earnings released: EPS: CN¥0.61 (vs CN¥0.66 in FY 2022) Full year 2023 results: EPS: CN¥0.61 (down from CN¥0.66 in FY 2022). Revenue: CN¥1.72b (down 4.7% from FY 2022). Net income: CN¥116.4m (down 7.7% from FY 2022). Profit margin: 6.8% (down from 7.0% in FY 2022). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to CN¥31.88, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Media industry in China. Total loss to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥23.90, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 17x in the Media industry in China. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥10.84 per share. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥30.34, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 18x in the Media industry in China. Total loss to shareholders of 15% over the past three years. Announcement • Dec 29
Citic Press Corporation to Report Fiscal Year 2023 Results on Mar 15, 2024 Citic Press Corporation announced that they will report fiscal year 2023 results on Mar 15, 2024 Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥33.82, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Media industry in China. Total loss to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥31.79, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 20x in the Media industry in China. Total loss to shareholders of 33% over the past three years. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.095 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.18 (up from CN¥0.095 in 3Q 2022). Revenue: CN¥413.0m (down 13% from 3Q 2022). Net income: CN¥35.4m (up 94% from 3Q 2022). Profit margin: 8.6% (up from 3.8% in 3Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Citic Press Corporation to Report Q3, 2023 Results on Oct 26, 2023 Citic Press Corporation announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.25 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.25 in 2Q 2022). Revenue: CN¥445.9m (up 2.2% from 2Q 2022). Net income: CN¥48.8m (flat on 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Jul 22
Citic Press Corporation Announces Final Dividend on A Shares for the Year 2022, Payable on July 25, 2023 Citic Press Corporation announced final cash dividend/10 shares (tax included) of CNY 3.52000000 on A shares for the year 2022. Record date is July 24, 2023. Ex-date is July 25, 2023. Payment date is July 25, 2023. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥46.75, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 20x in the Media industry in China. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • May 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥34.49, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 21x in the Media industry in China. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.46 per share. Announcement • May 13
Citic Press Corporation, Annual General Meeting, May 30, 2023 Citic Press Corporation, Annual General Meeting, May 30, 2023, at 14:30 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 annual report and its summary; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider Confirmation of 2022 continuing connected transactions and 2023 estimated continuing connected transactions; to consider amendments to the Company's articles of association; and to consider 2022 work report of the supervisory committee. Valuation Update With 7 Day Price Move • May 04
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥39.25, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 21x in the Media industry in China. Total loss to shareholders of 8.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.54 per share. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥33.05, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the Media industry in China. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.34 per share. Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: CN¥0.66 (vs CN¥1.27 in FY 2021) Full year 2022 results: EPS: CN¥0.66 (down from CN¥1.27 in FY 2021). Revenue: CN¥1.80b (down 6.3% from FY 2021). Net income: CN¥126.1m (down 48% from FY 2021). Profit margin: 7.0% (down from 13% in FY 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 13% per year. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥31.40, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 21x in the Media industry in China. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.16 per share. Board Change • Jan 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Zhiyue Zhang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Dec 14
Now 22% undervalued Over the last 90 days, the stock is up 14%. The fair value is estimated to be CN¥26.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 10.0%. Revenue is forecast to grow by 33% in 2 years. Earnings is forecast to grow by 64% in the next 2 years. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Jun Song was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.26 (vs CN¥0.30 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.26 (down from CN¥0.30 in 3Q 2021). Revenue: CN¥479.0m (up 5.7% from 3Q 2021). Net income: CN¥49.1m (down 13% from 3Q 2021). Profit margin: 10% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Media industry in China. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.43 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.25 (down from CN¥0.43 in 2Q 2021). Revenue: CN¥436.4m (down 8.9% from 2Q 2021). Net income: CN¥48.7m (down 40% from 2Q 2021). Profit margin: 11% (down from 17% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 26%, compared to a 14% growth forecast for the Media industry in China. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥22.00, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Media industry in China. Total loss to shareholders of 46% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.64 per share. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: CN¥0.22 (vs CN¥0.33 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.22 (down from CN¥0.33 in 1Q 2021). Revenue: CN¥411.5m (down 13% from 1Q 2021). Net income: CN¥41.0m (down 35% from 1Q 2021). Profit margin: 10.0% (down from 13% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 19%, compared to a 16% growth forecast for the industry in China. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. 3 highly experienced directors. Member of the Supervisory Board Yan Gao is the most experienced director on the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Buying Opportunity • Apr 14
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 31%. The fair value is estimated to be CN¥27.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 15% per annum over the same time period. Reported Earnings • Apr 02
Full year 2021 earnings released: EPS: CN¥1.27 (vs CN¥1.48 in FY 2020) Full year 2021 results: EPS: CN¥1.27 (down from CN¥1.48 in FY 2020). Revenue: CN¥1.92b (up 1.6% from FY 2020). Net income: CN¥241.6m (down 14% from FY 2020). Profit margin: 13% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 26%, compared to a 17% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥33.96, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Media industry in China. Total loss to shareholders of 17% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥42.21 per share. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥26.90, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Media industry in China. Total loss to shareholders of 44% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥43.56 per share. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.30 (vs CN¥0.41 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥452.9m (down 3.9% from 3Q 2020). Net income: CN¥56.7m (down 28% from 3Q 2020). Profit margin: 13% (down from 17% in 3Q 2020). Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥35.40, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Media industry in China. Total loss to shareholders of 26% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥39.69 per share. Reported Earnings • Aug 28
Second quarter 2021 earnings released: EPS CN¥0.43 (vs CN¥0.41 in 2Q 2020) The company reported a decent second quarter result with improved earnings, although revenues and profit margins were flat. Second quarter 2021 results: Revenue: CN¥479.1m (flat on 2Q 2020). Net income: CN¥81.4m (up 4.6% from 2Q 2020). Profit margin: 17% (in line with 2Q 2020). Reported Earnings • Apr 27
First quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.13 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥472.5m (up 47% from 1Q 2020). Net income: CN¥63.3m (up 162% from 1Q 2020). Profit margin: 13% (up from 7.5% in 1Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥44.93, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 18x in the Media industry in China. Total returns to shareholders of 14% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥27.94 per share. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS CN¥1.48 (vs CN¥1.55 in FY 2019) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: CN¥1.89b (flat on FY 2019). Net income: CN¥282.1m (up 12% from FY 2019). Profit margin: 15% (up from 13% in FY 2019). Is New 90 Day High Low • Mar 10
New 90-day low: CN¥36.95 The company is down 18% from its price of CN¥45.10 on 10 December 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥14.99 per share. Is New 90 Day High Low • Jan 28
New 90-day low: CN¥37.50 The company is down 19% from its price of CN¥46.53 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥15.38 per share. Is New 90 Day High Low • Jan 12
New 90-day low: CN¥38.09 The company is down 12% from its price of CN¥43.11 on 15 October 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is down 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥15.50 per share. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥41.81 The company is down 2.0% from its price of CN¥42.80 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥15.64 per share. Is New 90 Day High Low • Nov 10
New 90-day high: CN¥50.20 The company is up 20% from its price of CN¥41.83 on 12 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥14.03 per share. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥256.5m, up 7.9% from the prior year. Total revenue was CN¥1.80b over the last 12 months, down 4.2% from the prior year.