BEIJING ENLIGHT MEDIA CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9.62 CNY | +4.00% |
|
+4.00% | +18.04% |
| 04-19 | Beijing Enlight Media Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| 02-19 | 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 | 28,032 | - | - |
| Enterprise Value (EV) 1 | 32,779 | 33,483 | 36,570 | 23,420 | 21,287 | 24,537 | 24,475 | 22,608 |
| P/E ratio | 36.9 x | 121 x | -117 x | -36.1 x | 58.2 x | 26 x | 23.2 x | 20.2 x |
| Yield | 0.42% | 0.08% | 1.56% | 0.58% | 0.86% | 0.79% | 0.85% | 0.94% |
| Capitalization / Revenue | 12.2 x | 30.5 x | 32.3 x | 33.5 x | 15.4 x | 10.9 x | 9.59 x | 8.14 x |
| EV / Revenue | 11.6 x | 28.9 x | 31.3 x | 31 x | 13.8 x | 9.53 x | 8.37 x | 6.56 x |
| EV / EBITDA | 29.2 x | 102 x | 101 x | -32.7 x | 42.9 x | 20.2 x | 19 x | 14.9 x |
| EV / FCF | - | - | 68.7 x | - | 33.4 x | 97 x | 24.4 x | 24.5 x |
| FCF Yield | - | - | 1.46% | - | 3% | 1.03% | 4.1% | 4.09% |
| Price to Book | 3.87 x | 3.93 x | 3.95 x | 3.08 x | 2.75 x | 2.92 x | 2.61 x | 2.31 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 | 9.620 | 9.620 | 9.620 |
| Announcement Date | 20-02-28 | 21-04-18 | 22-04-27 | 23-04-27 | 24-04-19 | - | - | - |
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 | 2,574 | 2,923 | 3,446 |
| EBITDA 1 | 1,124 | 329.8 | 360.8 | -715.9 | 496.3 | 1,212 | 1,291 | 1,519 |
| EBIT 1 | 1,112 | 317.4 | -273.5 | -727.8 | 491.1 | 1,255 | 1,356 | 1,587 |
| Operating Margin | 39.28% | 27.39% | -23.42% | -96.41% | 31.77% | 48.75% | 46.39% | 46.05% |
| Earnings before Tax (EBT) 1 | 1,113 | 323.4 | -247.9 | -724.6 | 492 | 1,264 | 1,398 | 1,603 |
| Net income 1 | 947.6 | 291.1 | -311.7 | -712.9 | 417.8 | 1,088 | 1,213 | 1,390 |
| Net margin | 33.49% | 25.11% | -26.69% | -94.43% | 27.03% | 42.27% | 41.51% | 40.33% |
| EPS 2 | 0.3200 | 0.1000 | -0.1100 | -0.2400 | 0.1400 | 0.3706 | 0.4154 | 0.4753 |
| Free Cash Flow 1 | - | - | 532.6 | - | 638.2 | 253 | 1,003 | 924 |
| FCF margin | - | - | 45.61% | - | 41.29% | 9.83% | 34.31% | 26.82% |
| FCF Conversion (EBITDA) | - | - | 147.61% | - | 128.6% | 20.87% | 77.69% | 60.83% |
| FCF Conversion (Net income) | - | - | - | - | 152.76% | 23.26% | 82.66% | 66.49% |
| Dividend per Share 2 | 0.0500 | 0.0100 | 0.2000 | 0.0500 | 0.0700 | 0.0764 | 0.0821 | 0.0902 |
| Announcement Date | 20-02-28 | 21-04-18 | 22-04-27 | 23-04-27 | 24-04-19 | - | - | - |
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 | 22-04-28 | 22-08-24 | 22-08-24 | 22-10-27 | 23-04-27 | 23-08-27 | 23-10-27 | 24-04-19 |
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 | 3,494 | 3,556 | 5,424 |
| 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% | 11.5% | 11.4% | 11.4% |
| ROA (Net income/ Total Assets) | 8.68% | 2.8% | -3.1% | -7.29% | - | 10.7% | 10.5% | 10.7% |
| Assets 1 | 10,918 | 10,406 | 10,054 | 9,774 | - | 10,167 | 11,556 | 12,988 |
| Book Value Per Share 2 | 3.050 | 3.070 | 3.260 | 2.820 | 2.960 | 3.300 | 3.680 | 4.170 |
| Cash Flow per Share 2 | 0.5500 | -0 | 0.1800 | -0 | 0.2200 | 0.1600 | 0.3800 | 0.3400 |
| 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 | 20-02-28 | 21-04-18 | 22-04-27 | 23-04-27 | 24-04-19 | - | - | - |
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
12
Last Close Price
9.62
CNY
Average target price
11.31
CNY
Spread / Average Target
+17.60%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +18.04% | 3.87B | |
| +11.46% | 7.99B | |
| -6.15% | 6.11B | |
| +10.84% | 5.74B | |
| +3.37% | 4.5B | |
| +9.47% | 4.19B | |
| +1.23% | 3.2B | |
| +14.45% | 2.8B | |
| +44.97% | 2.2B | |
| +2.17% | 1.91B |
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- Financials Beijing Enlight Media Co., Ltd.
