BEIJING ENLIGHT MEDIA CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9.25 CNY | +2.89% |
|
-6.57% | +13.50% |
| Apr. 19 | Beijing Enlight Media Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Feb. 19 | China stocks rise after Lunar New Year break | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 34,617 | 35,409 | 37,697 | 25,326 | 23,748 | 26,953 | - | - |
| Enterprise Value (EV) 1 | 32,779 | 33,483 | 36,570 | 23,420 | 21,287 | 23,925 | 23,322 | 26,953 |
| P/E ratio | 36.9 x | 121 x | -117 x | -36.1 x | 58.2 x | 24.7 x | 22.5 x | 19.5 x |
| Yield | 0.42% | 0.08% | 1.56% | 0.58% | 0.86% | 0.86% | 0.79% | 0.97% |
| Capitalization / Revenue | 12.2 x | 30.5 x | 32.3 x | 33.5 x | 15.4 x | 10.6 x | 9.43 x | 7.84 x |
| EV / Revenue | 11.6 x | 28.9 x | 31.3 x | 31 x | 13.8 x | 9.4 x | 8.16 x | 7.84 x |
| EV / EBITDA | 29.2 x | 102 x | 101 x | -32.7 x | 42.9 x | 19.5 x | 19.4 x | 18 x |
| EV / FCF | - | - | 68.7 x | - | 33.4 x | 94.6 x | 23.3 x | 29.2 x |
| FCF Yield | - | - | 1.46% | - | 3% | 1.06% | 4.3% | 3.43% |
| Price to Book | 3.87 x | 3.93 x | 3.95 x | 3.08 x | 2.75 x | 2.79 x | 2.5 x | 2.18 x |
| Nbr of stocks (in thousands) | 2,933,608 | 2,933,608 | 2,933,608 | 2,924,478 | 2,913,881 | 2,913,881 | - | - |
| Reference price 2 | 11.80 | 12.07 | 12.85 | 8.660 | 8.150 | 9.250 | 9.250 | 9.250 |
| Announcement Date | 2/28/20 | 4/18/21 | 4/27/22 | 4/27/23 | 4/19/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,829 | 1,159 | 1,168 | 754.9 | 1,546 | 2,544 | 2,859 | 3,439 |
| EBITDA 1 | 1,124 | 329.8 | 360.8 | -715.9 | 496.3 | 1,227 | 1,203 | 1,495 |
| EBIT 1 | 1,112 | 317.4 | -273.5 | -727.8 | 491.1 | 1,280 | 1,303 | 1,583 |
| Operating Margin | 39.28% | 27.39% | -23.42% | -96.41% | 31.77% | 50.33% | 45.57% | 46.02% |
| Earnings before Tax (EBT) 1 | 1,113 | 323.4 | -247.9 | -724.6 | 492 | 1,285 | 1,365 | 1,587 |
| Net income 1 | 947.6 | 291.1 | -311.7 | -712.9 | 417.8 | 1,096 | 1,198 | 1,386 |
| Net margin | 33.49% | 25.11% | -26.69% | -94.43% | 27.03% | 43.08% | 41.9% | 40.31% |
| EPS 2 | 0.3200 | 0.1000 | -0.1100 | -0.2400 | 0.1400 | 0.3738 | 0.4106 | 0.4750 |
| Free Cash Flow 1 | - | - | 532.6 | - | 638.2 | 253 | 1,003 | 924 |
| FCF margin | - | - | 45.61% | - | 41.29% | 9.95% | 35.09% | 26.87% |
| FCF Conversion (EBITDA) | - | - | 147.61% | - | 128.6% | 20.62% | 83.38% | 61.82% |
| FCF Conversion (Net income) | - | - | - | - | 152.76% | 23.09% | 83.75% | 66.64% |
| Dividend per Share 2 | 0.0500 | 0.0100 | 0.2000 | 0.0500 | 0.0700 | 0.0800 | 0.0734 | 0.0900 |
| Announcement Date | 2/28/20 | 4/18/21 | 4/27/22 | 4/27/23 | 4/19/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 441.1 | 142 | 583.2 | 102.2 | 412.8 | 192.5 | 334.8 | 1,070 |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - |
| Net income 1 | 74.59 | 125.7 | 200.3 | -98.76 | 122 | 80.79 | 165.7 | 424.6 |
| Net margin | 16.91% | 88.49% | 34.34% | -96.6% | 29.56% | 41.97% | 49.48% | 39.66% |
| EPS | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 4/28/22 | 8/24/22 | 8/24/22 | 10/27/22 | 4/27/23 | 8/27/23 | 10/27/23 | 4/19/24 |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 1,838 | 1,925 | 1,127 | 1,906 | 2,461 | 3,028 | 3,631 | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | 533 | - | 638 | 253 | 1,003 | 924 |
| ROE (net income / shareholders' equity) | 10.8% | 3.24% | -3.23% | -8.09% | 4.98% | 11.4% | 11.2% | 11.2% |
| ROA (Net income/ Total Assets) | 8.68% | 2.8% | -3.1% | -7.29% | - | 11.4% | 10.6% | - |
| Assets 1 | 10,918 | 10,406 | 10,054 | 9,774 | - | 9,613 | 11,299 | - |
| Book Value Per Share 2 | 3.050 | 3.070 | 3.260 | 2.820 | 2.960 | 3.310 | 3.690 | 4.240 |
| Cash Flow per Share 2 | 0.5500 | -0 | 0.1800 | -0 | 0.2200 | 0.1500 | 0.3400 | 0.2700 |
| Capex 1 | 4.54 | 0.74 | 3.27 | 3.05 | 3.86 | 9.53 | 5.25 | 7.31 |
| Capex / Sales | 0.16% | 0.06% | 0.28% | 0.4% | 0.25% | 0.37% | 0.18% | 0.21% |
| Announcement Date | 2/28/20 | 4/18/21 | 4/27/22 | 4/27/23 | 4/19/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
Sell
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
9.25
CNY
Average target price
10.8
CNY
Spread / Average Target
+16.76%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +13.50% | 3.72B | |
| +11.67% | 8B | |
| -8.57% | 5.95B | |
| +10.09% | 5.72B | |
| +2.72% | 4.47B | |
| +8.88% | 4.16B | |
| -1.63% | 3.1B | |
| +7.51% | 2.75B | |
| +36.29% | 2.07B | |
| -2.95% | 1.81B |
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- Financials Beijing Enlight Media Co., Ltd.
