Improved Revenues Required Before Simei Media Co.,Ltd. (SZSE:002712) Stock's 25% Jump Looks Justified
May 08
Chinese (SSE) Media Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies74
- 7D-1.2%
- 3M8.4%
- 1Y-18.3%
- YTD-6.6%
Last week, the Media industry hasn't moved much but Focus Media Information Technology is up 6.2% in that time. Unfortunately though, the industry is down 17% over the past 12 months. Looking forward, earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Chinese Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | CN¥732.8b | CN¥364.6b | CN¥20.1b | 41.8x | 36.5x | 2x |
| Sun, 14 Apr 2024 | CN¥742.8b | CN¥358.6b | CN¥19.0b | 33.7x | 39x | 2.1x |
| Tue, 12 Mar 2024 | CN¥780.5b | CN¥352.7b | CN¥19.9b | 36x | 39.3x | 2.2x |
| Thu, 08 Feb 2024 | CN¥648.7b | CN¥352.6b | CN¥19.0b | 31.2x | 34.1x | 1.8x |
| Sat, 06 Jan 2024 | CN¥759.0b | CN¥354.1b | CN¥18.3b | 38.8x | 41.4x | 2.1x |
| Mon, 04 Dec 2023 | CN¥835.7b | CN¥354.3b | CN¥18.3b | 42.9x | 45.7x | 2.4x |
| Wed, 01 Nov 2023 | CN¥756.3b | CN¥348.6b | CN¥16.6b | 41.1x | 45.5x | 2.2x |
| Fri, 29 Sep 2023 | CN¥787.8b | CN¥344.4b | CN¥16.3b | 39.6x | 48.5x | 2.3x |
| Sun, 27 Aug 2023 | CN¥798.7b | CN¥343.0b | CN¥16.2b | 48.2x | 49.2x | 2.3x |
| Tue, 25 Jul 2023 | CN¥831.0b | CN¥335.8b | CN¥15.4b | 50.5x | 53.9x | 2.5x |
| Thu, 22 Jun 2023 | CN¥913.1b | CN¥338.4b | CN¥16.3b | 52.4x | 55.9x | 2.7x |
| Sat, 20 May 2023 | CN¥853.8b | CN¥339.4b | CN¥16.7b | 51.9x | 51.1x | 2.5x |
| Mon, 17 Apr 2023 | CN¥871.8b | CN¥342.6b | CN¥19.3b | 42.9x | 45.2x | 2.5x |
| Wed, 15 Mar 2023 | CN¥776.2b | CN¥340.4b | CN¥19.3b | 34.8x | 40.1x | 2.3x |
| Fri, 10 Feb 2023 | CN¥716.1b | CN¥339.7b | CN¥19.3b | 35.5x | 37x | 2.1x |
| Sun, 08 Jan 2023 | CN¥670.4b | CN¥337.8b | CN¥19.3b | 33.5x | 34.7x | 2x |
| Tue, 06 Dec 2022 | CN¥674.8b | CN¥337.8b | CN¥19.3b | 32.6x | 34.9x | 2x |
| Thu, 03 Nov 2022 | CN¥590.3b | CN¥337.7b | CN¥19.4b | 31.1x | 30.5x | 1.7x |
| Sat, 01 Oct 2022 | CN¥569.9b | CN¥340.0b | CN¥20.6b | 26.1x | 27.6x | 1.7x |
| Mon, 29 Aug 2022 | CN¥633.3b | CN¥348.5b | CN¥22.0b | 32.1x | 28.8x | 1.8x |
| Wed, 27 Jul 2022 | CN¥628.2b | CN¥347.5b | CN¥22.5b | 28.3x | 27.9x | 1.8x |
| Fri, 24 Jun 2022 | CN¥636.3b | CN¥347.1b | CN¥22.5b | 27.8x | 28.2x | 1.8x |
| Sun, 22 May 2022 | CN¥601.9b | CN¥346.8b | CN¥22.5b | 26x | 26.7x | 1.7x |
| Tue, 19 Apr 2022 | CN¥628.0b | CN¥353.5b | CN¥21.4b | 26.5x | 29.4x | 1.8x |
| Thu, 17 Mar 2022 | CN¥641.0b | CN¥352.6b | CN¥20.5b | 29.1x | 31.3x | 1.8x |
| Sat, 12 Feb 2022 | CN¥732.3b | CN¥353.6b | CN¥20.1b | 32.6x | 36.5x | 2.1x |
| Mon, 10 Jan 2022 | CN¥788.5b | CN¥353.4b | CN¥20.1b | 33.3x | 39.2x | 2.2x |
| Wed, 08 Dec 2021 | CN¥670.7b | CN¥353.4b | CN¥20.1b | 25.9x | 33.4x | 1.9x |
| Fri, 05 Nov 2021 | CN¥662.6b | CN¥350.6b | CN¥19.7b | 24.3x | 33.7x | 1.9x |
| Sun, 03 Oct 2021 | CN¥655.6b | CN¥346.2b | CN¥24.3b | 22.2x | 27x | 1.9x |
| Tue, 31 Aug 2021 | CN¥670.1b | CN¥347.9b | CN¥24.6b | 22.4x | 27.2x | 1.9x |
| Wed, 07 Jul 2021 | CN¥678.8b | CN¥334.4b | CN¥23.0b | 25.1x | 29.5x | 2x |
Price to Earnings Ratio
36.3x
Current Industry PE
- Investors are relatively neutral on the Chinese Media industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 37.3x.
- The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Media industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.1% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Chinese Telecom industry?
| CN Market | -1.53% | |
| Telecom | -1.40% | |
| Media | -1.16% | |
| Broadcasting | -0.40% | |
| Publishing | -0.46% | |
| Advertising | -1.23% | |
| Cable and Satellite | -2.57% | |
Industry PE
- Investors are most optimistic about the Broadcasting industry even though it's trading below its 3-year average PE ratio of 213x.
- Analysts are expecting annual earnings growth of 2.8%, which is higher than its past year's earnings decline of 2.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Cable and Satellite industry, expecting annual earnings growth of 46% over the next 5 years.
- This is better than its past earnings decline of 12% per year.
- In contrast, the Broadcasting industry is expected to see its earnings grow by 2.8% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2027 Focus Media Information Technology | CN¥6.80 | 2.7% +CN¥2.6b | 1.9% | PE19.9x | |
| 601921 Zhejiang Publishing & Media | CN¥9.27 | 7.3% +CN¥1.4b | 7.0% | PE14x | |
| 839 CITIC Guoan Information Industry | CN¥2.56 | 15.8% +CN¥1.4b | 18.0% | PS3.2x | |
| 601928 Jiangsu Phoenix Publishing & Media | CN¥10.82 | 3.3% +CN¥890.7m | -13.6% | PE9.7x | |
| 601019 Shandong Publishing&MediaLtd | CN¥11.87 | 2.2% +CN¥542.6m | 19.9% | PE10.4x |
