IMAX China Holding (SEHK:1970) - Stock Price, News & Analysis

1970 Stock Overview

IMAX China Holding, Inc., an investment holding company, provides digital and film-based motion picture technologies in the People's Republic of China, Hong Kong, Macau, and Taiwan.

1970 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	0/6
Financial Health	4/6
Dividends	1/6

Rewards

Trading at 4.8% below our estimate of its fair value

Earnings are forecast to grow 60.71% per year

Risk Analysis

Large one-off items impacting financial results

Profit margins (14.7%) are lower than last year (33.9%)

Significant insider selling over the past 3 months

My Notes

Capture your thoughts, links and company narrative

IMAX China Holding, Inc. Competitors

Cathay Media and Education Group

SEHK:1981

HK$2.1b

Huafang Group

SEHK:3611

HK$2.3b

YH Entertainment Group

SEHK:2306

HK$3.3b

Maoyan Entertainment

SEHK:1896

HK$7.4b

Price History & Performance

Summary of all time highs, changes and price drops for IMAX China Holding
Historical stock prices
Current Share Price	HK$6.18
52 Week High	HK$12.00
52 Week Low	HK$4.00
Beta	0.83
1 Month Change	-16.26%
3 Month Change	-33.83%
1 Year Change	-28.97%
3 Year Change	-44.82%
5 Year Change	-77.15%
Change since IPO	-81.96%

IMAX China Holding (HKG:1970) Has A Pretty Healthy Balance Sheet

Apr 18

Is IMAX China Holding, Inc. (HKG:1970) Potentially Undervalued?

Mar 09

Recent updates

The Consensus EPS Estimates For IMAX China Holding, Inc. (HKG:1970) Just Fell Dramatically

Jul 15

These 4 Measures Indicate That IMAX China Holding (HKG:1970) Is Using Debt Safely

Mar 09

Investors Could Be Concerned With IMAX China Holding's (HKG:1970) Returns On Capital

Jul 27

IMAX China Holding, Inc.'s (HKG:1970) Intrinsic Value Is Potentially 26% Below Its Share Price

Apr 30

Is IMAX China Holding, Inc. (HKG:1970) A Good Dividend Stock?

Mar 31

Trade Alert: The Non-Executive Vice Chairman Of IMAX China Holding, Inc. (HKG:1970), Jiande Chen, Has Sold Some Shares Recently

Mar 16

A Look At IMAX China Holding's (HKG:1970) Share Price Returns

Mar 05

Is IMAX China Holding, Inc. (HKG:1970) Popular Amongst Institutions?

Feb 15

Should We Be Excited About The Trends Of Returns At IMAX China Holding (HKG:1970)?

Jan 28

Should You Review Recent Insider Transactions At IMAX China Holding, Inc. (HKG:1970)?

Jan 11

A Look At The Intrinsic Value Of IMAX China Holding, Inc. (HKG:1970)

Dec 24

Does IMAX China Holding, Inc. (HKG:1970) Have A Place In Your Dividend Stock Portfolio?

Dec 06

What Type Of Returns Would IMAX China Holding's(HKG:1970) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?

Nov 18

Would IMAX China Holding, Inc. (HKG:1970) Be Valuable To Income Investors?

Jul 12

IMAX China Holding, Inc. (HKG:1970) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

Jun 29

Shareholder Returns

	1970	HK Entertainment	HK Market
7D	1.8%	0.7%	-2.7%
1Y	-29.0%	-13.8%	-12.2%

Return vs Industry: 1970 underperformed the Hong Kong Entertainment industry which returned -16.8% over the past year.

Return vs Market: 1970 underperformed the Hong Kong Market which returned -12.5% over the past year.

Price Volatility

Is 1970's price volatile compared to industry and market?
1970 volatility
1970 Average Weekly Movement	6.1%
Entertainment Industry Average Movement	8.5%
Market Average Movement	6.4%
10% most volatile stocks in HK Market	12.8%
10% least volatile stocks in HK Market	3.2%

Stable Share Price: 1970 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 1970's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2010	99	Daniel Manwaring	https://www.imax.cn

IMAX China Holding, Inc., an investment holding company, provides digital and film-based motion picture technologies in the People's Republic of China, Hong Kong, Macau, and Taiwan. It operates through three segments: IMAX Technology Network, IMAX Technology Sales and Maintenance, and All Other. The company engages in the digital re-mastering of Hollywood, Chinese language, and other films into the IMAX format through a proprietary IMAX DMR conversion process and the exhibition of these films on the IMAX theatre network.

IMAX China Holding, Inc. Fundamentals Summary

How do IMAX China Holding's earnings and revenue compare to its market cap?
1970 fundamental statistics
Market Cap	HK$2.10b
Earnings (TTM)	HK$84.27m
Revenue (TTM)	HK$574.39m

24.9x

P/E Ratio

3.6x

P/S Ratio

Is 1970 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
1970 income statement (TTM)
Revenue	US$73.33m
Cost of Revenue	US$33.63m
Gross Profit	US$39.70m
Other Expenses	US$28.94m
Earnings	US$10.76m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.032
Gross Margin	54.13%
Net Profit Margin	14.67%
Debt/Equity Ratio	5.5%

How did 1970 perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

51%

Payout Ratio

Does 1970 pay a reliable dividends?

See 1970 dividend history and benchmarks

When do you need to buy 1970 by to receive an upcoming dividend?
IMAX China Holding dividend dates
Ex Dividend Date	Jun 09 2023
Dividend Pay Date	Jun 23 2023
Days until Ex dividend	7 days
Days until Dividend pay date	21 days

Does 1970 pay a reliable dividends?

See 1970 dividend history and benchmarks

1970 Stock Overview

Rewards

Risk Analysis

IMAX China Holding, Inc. Competitors

SEHK:1981

HK$2.1b

SEHK:3611

HK$2.3b

SEHK:2306

HK$3.3b

SEHK:1896

HK$7.4b

Price History & Performance

Recent News & Updates

Max China Holding, Inc. Proposes Final Dividend for the Year Ended December 31, 2022, Payable on June 23, 2023

Executive Vice Chairman recently sold HK$50k worth of stock

IMAX China Holding (HKG:1970) Has A Pretty Healthy Balance Sheet

Investor sentiment deteriorates as stock falls 17%

Chief Marketing Officer recently sold HK$728k worth of stock

Is IMAX China Holding, Inc. (HKG:1970) Potentially Undervalued?

Recent updates

Max China Holding, Inc. Proposes Final Dividend for the Year Ended December 31, 2022, Payable on June 23, 2023

Executive Vice Chairman recently sold HK$50k worth of stock

IMAX China Holding (HKG:1970) Has A Pretty Healthy Balance Sheet

Investor sentiment deteriorates as stock falls 17%

Chief Marketing Officer recently sold HK$728k worth of stock

Is IMAX China Holding, Inc. (HKG:1970) Potentially Undervalued?

Full year 2022 earnings released: EPS: US$0.03 (vs US$0.11 in FY 2021)

IMAX China Holding, Inc. to Report Fiscal Year 2022 Results on Feb 23, 2023

Consensus EPS estimates fall by 33%

Investor sentiment improved over the past week

Be Wary Of IMAX China Holding (HKG:1970) And Its Returns On Capital

Consensus EPS estimates increase by 33%

Investor sentiment improved over the past week

Interim CEO & Executive Vice Chairman recently sold HK$1.3m worth of stock

Is IMAX China Holding, Inc. (HKG:1970) Trading At A 40% Discount?

IMAX China Holding, Inc. Announces Chief Executive Officer Changes

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Consensus EPS estimates fall by 10%

IMAX China Holding, Inc. Announces Executive Changes

IMAX China Holding, Inc. Announces Board Changes

IMAX China Holding's (HKG:1970) Dividend Will Be Reduced To $0.008

Consensus EPS estimates fall by 29%

First half 2022 earnings released

IMAX China Holding, Inc. Declares Interim Dividend for the Six Months Ended 30 June 2022 Payable on 26 August 2022

The Consensus EPS Estimates For IMAX China Holding, Inc. (HKG:1970) Just Fell Dramatically

Consensus revenue estimates fall by 15%

IMAX China Holding, Inc. to Report First Half, 2022 Results on Jul 28, 2022

IMAX China Holding, Inc. Proposes Final Ordinary Dividend for the Year Ended December 31, 2021, Payable on July 11, 2022

Upcoming dividend of HK$0.21 per share

CEO & Executive Director recently sold HK$490k worth of stock

Consensus EPS estimates fall by 10%

Less than half of directors are independent

IMAX China Holding, Inc., Annual General Meeting, May 26, 2022

IMAX China Holding, Inc. Proposes Final Ordinary Dividend for the Year Ended December 31, 2021, Payable on June 10, 2022

CEO & Executive Director recently sold HK$336k worth of stock

CEO & Executive Director recently sold HK$336k worth of stock

These 4 Measures Indicate That IMAX China Holding (HKG:1970) Is Using Debt Safely

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

IMAX China Holding, Inc. Approves the Payment of a Final Cash Dividend

IMAX China Holding, Inc. Provides Earnings Guidance for the Year Ended December 31, 2021

Insider recently bought HK$2.6m worth of stock

CEO & Executive Director recently sold HK$146k worth of stock

CFO, COO & Executive Director recently sold HK$696k worth of stock

Upcoming dividend of HK$0.22 per share

First half 2021 earnings released: EPS US$0.055 (vs US$0.10 loss in 1H 2020)

Investors Could Be Concerned With IMAX China Holding's (HKG:1970) Returns On Capital

IMAX China Holding, Inc. Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021

IMAX China Holding, Inc. Declares Final Dividend for the Year Ended 31 December 2020

Non-Executive Vice Chairman recently sold HK$757k worth of stock

Upcoming dividend of HK$0.15 per share

IMAX China Holding, Inc.'s (HKG:1970) Intrinsic Value Is Potentially 26% Below Its Share Price

Full year 2020 earnings released: US$0.077 loss per share (vs US$0.12 profit in FY 2019)

Is IMAX China Holding, Inc. (HKG:1970) A Good Dividend Stock?

Trade Alert: The Non-Executive Vice Chairman Of IMAX China Holding, Inc. (HKG:1970), Jiande Chen, Has Sold Some Shares Recently

Non-Executive Vice Chairman recently sold HK$1.4m worth of stock

IMAX, IMAX China and Broadway Sign New Four-Theatre Deal Across Several Iconic Locations in Shanghai

Full year 2020 earnings released: US$0.08 loss per share (vs US$0.12 profit in FY 2019)