How does 1970's PE Ratio compare to its peers?

1970 is good value based on its Price-To-Earnings Ratio (12.7x) compared to the peer average (17x).

How does 1970's PE Ratio compare vs other companies in the HK Entertainment Industry?

1970 is good value based on its Price-To-Earnings Ratio (12.7x) compared to the Asian Entertainment industry average (30.9x).

What is 1970's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1970 is expensive based on its Price-To-Earnings Ratio (12.7x) compared to the estimated Fair Price-To-Earnings Ratio (11.4x).

What is the Fair Price of 1970 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

1970 (HK$7.64) is trading below our estimate of [[fair value]] (HK$8.13)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

1970 Stock Overview

An investment holding company, provides digital and film-based motion picture technologies in the People's Republic of China, Hong Kong, Macau, and Taiwan. More details

1970 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	4/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 6% below our estimate of its fair value

Earnings are forecast to grow 14.34% per year

Earnings have grown 4.4% per year over the past 5 years

Risk Analysis

No risks detected for 1970 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

IMAX China Holding, Inc. Competitors

Huafang Group

SEHK:3611

HK$2.3b

Linmon Media

SEHK:9857

HK$1.0b

YH Entertainment Group

SEHK:2306

HK$543.0m

Maoyan Entertainment

SEHK:1896

HK$9.8b

Price History & Performance

Summary of share price highs, lows and changes for IMAX China Holding
Historical stock prices
Current Share Price	HK$7.64
52 Week High	HK$9.10
52 Week Low	HK$6.25
Beta	0.93
1 Month Change	5.96%
3 Month Change	-4.62%
1 Year Change	11.37%
3 Year Change	-38.39%
5 Year Change	-54.25%
Change since IPO	-77.69%

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

Shareholder Returns

	1970	HK Entertainment	HK Market
7D	-3.7%	-2.3%	-0.5%
1Y	11.4%	13.2%	19.9%

Return vs Industry: 1970 underperformed the Hong Kong Entertainment industry which returned 13.2% over the past year.

Return vs Market: 1970 underperformed the Hong Kong Market which returned 19.9% over the past year.

Price Volatility

Is 1970's price volatile compared to industry and market?
1970 volatility
1970 Average Weekly Movement	4.1%
Entertainment Industry Average Movement	10.4%
Market Average Movement	8.8%
10% most volatile stocks in HK Market	18.6%
10% least volatile stocks in HK Market	4.1%

Stable Share Price: 1970 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1970's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2010	95	Daniel Wade Manwaring	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 two segments, Content Solutions, and Technology Products and Services. The company engages in the digital re-mastering of Hollywood, Chinese language, and other films for the IMAX theatre network in Greater China.

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$2.59b
Earnings (TTM)	HK$204.29m
Revenue (TTM)	HK$665.14m

12.7x

P/E Ratio

3.9x

P/S Ratio

Is 1970 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1970 income statement (TTM)
Revenue	US$85.54m
Cost of Revenue	US$34.62m
Gross Profit	US$50.92m
Other Expenses	US$24.64m
Earnings	US$26.27m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.077
Gross Margin	59.52%
Net Profit Margin	30.71%
Debt/Equity Ratio	0%

How did 1970 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 21:10
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

IMAX China Holding, Inc. is covered by 24 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Yue Hang Chan	BofA Global Research
Ronnie Ho	CCB International Securities Limited
Xueqing Zhang	China International Capital Corporation Limited

1970 Stock Overview

Rewards

Risk Analysis

IMAX China Holding, Inc. Competitors

SEHK:3611

HK$2.3b

SEHK:9857

HK$1.0b

SEHK:2306

HK$543.0m

SEHK:1896

HK$9.8b

Price History & Performance

Recent News & Updates

Executive Vice Chairman recently sold HK$176k worth of stock

First half 2024 earnings released: EPS: US$0.037 (vs US$0.041 in 1H 2023)

IMAX China Holding, Inc. to Report Q2, 2024 Results on Jul 25, 2024

Executive Director recently sold HK$440k worth of stock

New minor risk - Insider selling

IMAX China Holding, Inc., Annual General Meeting, Jun 07, 2024

Recent updates

Executive Vice Chairman recently sold HK$176k worth of stock

First half 2024 earnings released: EPS: US$0.037 (vs US$0.041 in 1H 2023)

IMAX China Holding, Inc. to Report Q2, 2024 Results on Jul 25, 2024

Executive Director recently sold HK$440k worth of stock

New minor risk - Insider selling

IMAX China Holding, Inc., Annual General Meeting, Jun 07, 2024

CEO & Executive Director recently sold HK$322k worth of stock

Consensus EPS estimates increase by 11%

Full year 2023 earnings: EPS and revenues miss analyst expectations

IMAX China Holding, Inc. Announces Board Changes

IMAX China Holding, Inc. Announces Director Changes

IMAX China Holding, Inc. to Report Fiscal Year 2023 Final Results on Feb 27, 2024

Less than half of directors are independent

IMAX Corporation (NYSE:IMAX) cancelled the acquisition of 28.366457% stake in IMAX China Holding, Inc. (SEHK:1970) from a group of shareholders.

Investor sentiment deteriorates as stock falls 16%

New minor risk - Insider selling

Executive Director recently sold HK$1.6m worth of stock

IMAX China Holding, Inc. Announces Executive Changes

First half 2023 earnings released: EPS: US$0.041 (vs US$0.002 in 1H 2022)

IMAX China Holding, Inc. to Report First Half, 2023 Results on Jul 26, 2023

New minor risk - Share price stability

Investor sentiment improves as stock rises 29%

Imax China Holding, Inc. Approves Final Dividend for the Year Ended 31 December 2022

Upcoming dividend of HK$0.12 per share at 2.0% yield

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