Star CM Holdings Limited's (HKG:6698) 31% Price Boost Is Out Of Tune With Revenues
May 28
Hong Kong (HSI) Movies and Entertainment Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies30
- 7D-2.2%
- 3M13.6%
- 1Y-23.2%
- YTDn/a
Over the last 7 days, the Movies and Entertainment industry has dropped 2.2%, driven by a pullback from Alibaba Pictures Group of 5.9%. In contrast, IMAX China Holding has gained 6.0%. However, the industry is down 23% over the past year. Earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Hong Kong Movies and Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | HK$96.3b | HK$33.3b | -HK$667,676,030.41 | 13.3x | -144.2x | 2.9x |
| Sat, 27 Apr 2024 | HK$90.3b | HK$33.4b | -HK$666,199,847.64 | 13.1x | -135.5x | 2.7x |
| Mon, 25 Mar 2024 | HK$93.0b | HK$31.4b | HK$1.9b | 20.9x | 49.2x | 3x |
| Wed, 21 Feb 2024 | HK$83.6b | HK$30.6b | HK$821.6m | 29.8x | 101.7x | 2.7x |
| Fri, 19 Jan 2024 | HK$92.4b | HK$48.2b | -HK$580,560,640.00 | 34.1x | -159.2x | 1.9x |
| Sun, 17 Dec 2023 | HK$105.9b | HK$48.4b | -HK$568,608,581.00 | 25.8x | -186.3x | 2.2x |
| Tue, 14 Nov 2023 | HK$108.9b | HK$46.8b | -HK$1,158,666,524.00 | 27.6x | -94x | 2.3x |
| Thu, 12 Oct 2023 | HK$111.2b | HK$46.7b | -HK$1,310,266,028.00 | 21.9x | -84.9x | 2.4x |
| Sat, 09 Sep 2023 | HK$110.1b | HK$46.6b | -HK$1,263,933,168.00 | 17.2x | -87.1x | 2.4x |
| Mon, 07 Aug 2023 | HK$143.7b | HK$43.2b | -HK$3,607,297,539.00 | 26.4x | -39.8x | 3.3x |
| Wed, 05 Jul 2023 | HK$131.8b | HK$43.0b | -HK$3,705,036,447.00 | 28.5x | -35.6x | 3.1x |
| Fri, 02 Jun 2023 | HK$127.1b | HK$44.2b | -HK$3,188,672,160.00 | 30.9x | -39.9x | 2.9x |
| Sun, 30 Apr 2023 | HK$138.2b | HK$45.1b | -HK$3,226,862,805.00 | 36.4x | -42.8x | 3.1x |
| Tue, 28 Mar 2023 | HK$130.3b | HK$44.5b | HK$103.5m | 13x | 1258.4x | 2.9x |
| Thu, 23 Feb 2023 | HK$135.9b | HK$44.7b | HK$2.3b | 11.4x | 59.5x | 3x |
| Sat, 21 Jan 2023 | HK$122.2b | HK$42.0b | HK$2.2b | 12.1x | 56x | 2.9x |
| Mon, 19 Dec 2022 | HK$87.9b | HK$41.2b | HK$2.7b | 11.8x | 32.1x | 2.1x |
| Wed, 16 Nov 2022 | HK$75.4b | HK$35.4b | HK$2.3b | 9.4x | 32.9x | 2.1x |
| Fri, 14 Oct 2022 | HK$69.9b | HK$35.4b | HK$2.0b | 8.7x | 34.3x | 2x |
| Sun, 11 Sep 2022 | HK$86.4b | HK$36.6b | HK$2.4b | 8.9x | 35.4x | 2.4x |
| Tue, 09 Aug 2022 | HK$86.3b | HK$36.5b | -HK$4,831,982,693.00 | 8.7x | -17.9x | 2.4x |
| Thu, 07 Jul 2022 | HK$68.8b | HK$34.1b | -HK$6,065,188,545.00 | 9.5x | -11.3x | 2x |
| Sat, 04 Jun 2022 | HK$64.0b | HK$34.3b | -HK$6,077,867,705.00 | 10.1x | -10.5x | 1.9x |
| Mon, 02 May 2022 | HK$62.6b | HK$34.1b | -HK$6,252,755,624.00 | 9.3x | -10x | 1.8x |
| Wed, 30 Mar 2022 | HK$67.1b | HK$35.5b | -HK$6,727,902,011.00 | 8.4x | -10x | 1.9x |
| Fri, 25 Feb 2022 | HK$56.6b | HK$25.9b | -HK$4,546,282,565.00 | 15.4x | -12.4x | 2.2x |
| Sun, 23 Jan 2022 | HK$61.4b | HK$25.8b | -HK$4,559,712,084.00 | 15.9x | -13.5x | 2.4x |
| Tue, 21 Dec 2021 | HK$56.1b | HK$25.8b | -HK$4,565,363,157.00 | 16.9x | -12.3x | 2.2x |
| Thu, 18 Nov 2021 | HK$66.1b | HK$25.2b | -HK$4,273,937,701.00 | 16.2x | -15.5x | 2.6x |
| Sat, 16 Oct 2021 | HK$65.8b | HK$24.7b | -HK$4,461,161,515.00 | 17.2x | -14.7x | 2.7x |
| Mon, 13 Sep 2021 | HK$64.8b | HK$24.0b | -HK$5,017,033,796.76 | 18.4x | -12.9x | 2.7x |
| Wed, 11 Aug 2021 | HK$71.5b | HK$23.1b | -HK$5,222,686,660.38 | 18.6x | -13.7x | 3.1x |
| Sun, 06 Jun 2021 | HK$84.8b | HK$23.8b | -HK$4,916,216,064.38 | 21x | -17.2x | 3.6x |
Price to Earnings Ratio
-17.2x
Current Industry PE
- Investors are optimistic on the Hong Kong Movies and Entertainment industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Movies and Entertainment industry have improved over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Hong Kong Movies and Entertainment compare with similar industries?
| HK Market | -2.07% | |
| Telecom | -2.13% | |
| Entertainment | -1.11% | |
| Movies and Entertainment | -2.20% | |
| Interactive Home Entertainment | -0.0082% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6698 Star CM Holdings | HK$5.21 | 13.8% +HK$251.1m | -95.2% | PS4.5x | |
| 136 China Ruyi Holdings | HK$2.18 | 0.9% +HK$234.4m | 23.9% | PE34.4x | |
| 1970 IMAX China Holding | HK$8.50 | 3.4% +HK$95.0m | 37.5% | PE13.4x | |
| 391 Mei Ah Entertainment Group | HK$0.13 | 10.6% +HK$71.1m | -35.9% | PS6.9x | |
| 2306 YH Entertainment Group | HK$0.71 | 10.9% +HK$59.1m | -81.4% | PS0.7x |
