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China Film Co Ltd
SSE:600977

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China Film Co Ltd
SSE:600977
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Price: 14.3 CNY -0.69% Market Closed
Market Cap: ¥26.7B

P/B

2.4
Current
16%
More Expensive
vs 3-y average of 2.1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.4
=
Market Cap
¥26.4B
/
Total Equity
¥11.1B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.4
=
Market Cap
¥26.4B
/
Total Equity
¥11.1B

Valuation Scenarios

China Film Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (2.1), the stock would be worth ¥12.32 (14% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-14%
Maximum Upside
+12%
Average Downside
4%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.4 ¥14.3
0%
3-Year Average 2.1 ¥12.32
-14%
5-Year Average 2.1 ¥12.28
-14%
Industry Average 2.7 ¥15.95
+12%
Country Average 2.4 ¥14.5
+1%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CN
China Film Co Ltd
SSE:600977
26.7B CNY 2.4 -3 052.6
US
Netflix Inc
NASDAQ:NFLX
389.2B USD 12.5 29.1
US
Walt Disney Co
NYSE:DIS
185B USD 1.7 15.1
LU
Spotify Technology SA
NYSE:SPOT
106.6B USD 10.9 40.9
US
Warner Bros Discovery Inc
NASDAQ:WBD
67.1B USD 1.9 92.3
NL
Universal Music Group NV
AEX:UMG
36.6B EUR 8 23.9
US
TKO Group Holdings Inc
NYSE:TKO
36.2B USD 9.5 158.1
US
Live Nation Entertainment Inc
NYSE:LYV
36.9B USD 135.3 -668.8
US
Roku Inc
NASDAQ:ROKU
17B USD 6.4 193.2
FR
Bollore SE
PAR:BOL
14.8B EUR 0.6 42.6
US
Warner Music Group Corp
NASDAQ:WMG
15.1B USD 21 50.5
P/E Multiple
Earnings Growth PEG
CN
C
China Film Co Ltd
SSE:600977
Average P/E: 71.7
Negative Multiple: -3 052.6
63%
N/A
US
Netflix Inc
NASDAQ:NFLX
29.1
21%
1.4
US
Walt Disney Co
NYSE:DIS
15.1
6%
2.5
LU
Spotify Technology SA
NYSE:SPOT
40.9
22%
1.9
US
Warner Bros Discovery Inc
NASDAQ:WBD
92.3
N/A N/A
NL
Universal Music Group NV
AEX:UMG
23.9
16%
1.5
US
TKO Group Holdings Inc
NYSE:TKO
158.1
57%
2.8
US
Live Nation Entertainment Inc
NYSE:LYV
Negative Multiple: -668.8 N/A N/A
US
Roku Inc
NASDAQ:ROKU
193.2
94%
2.1
FR
Bollore SE
PAR:BOL
42.6
-1%
N/A
US
Warner Music Group Corp
NASDAQ:WMG
50.5
41%
1.2

Market Distribution

In line with most companies in China
Percentile
49th
Based on 7 605 companies
49th percentile
2.4
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

China Film Co Ltd
Glance View

Market Cap
26.7B CNY
Industry
Media

In the heart of China's booming entertainment industry, China Film Co Ltd stands as a colossal bridge between tradition and modernity in filmmaking. Established in 2010, the company is a key player in both domestically produced films and the importation of foreign films to the Chinese market. It consolidates various aspects of the film industry under one umbrella, from production, distribution, and exhibition to ancillary services like advertising and merchandise. This comprehensive approach allows China Film Co Ltd to leverage its resources effectively across different segments of the film value chain, creating a robust, integrated film ecosystem. By capitalizing on China’s insatiable appetite for cinema, the company serves not just as content creator but also as the gatekeeper of foreign films seeking to enter its lucrative market. China Film Co Ltd earns its revenues through a blend of diversified streams. Box office sales remain their cornerstone, with the company playing a pivotal role in the release strategy and distribution of films across thousands of cinemas in China. As it holds a unique position as one of the few enterprises authorized to import foreign films, significant earnings are derived from shared international successes. Complementing this, China Film also capitalizes on increasing trends in digital streaming, content licensing, and co-productions with international studios. By nurturing its film production arm, it creates homegrown blockbusters that not only appeal to local audiences but are also gaining traction internationally, thereby tapping global markets. Through strategic adaptability and resourceful synergies, China Film Co Ltd maintains its hold as both a cultural stalwart and a commercial powerhouse in China's cinematic narrative.

Intrinsic Value
9.88 CNY
Overvaluation 31%
Intrinsic Value
Price ¥14.3
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