Guangdong South New Media Co Ltd
SZSE:300770
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Guangdong South New Media Co Ltd
Tax Provision
Guangdong South New Media Co Ltd
Tax Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Tax Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Guangdong South New Media Co Ltd
SZSE:300770
|
Tax Provision
-ÂĄ60.7m
|
CAGR 3-Years
-132%
|
CAGR 5-Years
-77%
|
CAGR 10-Years
N/A
|
||
Century Sage Scientific Holdings Ltd
HKEX:1450
|
Tax Provision
-ÂĄ34.2m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
-30%
|
CAGR 10-Years
N/A
|
||
J
|
Jiangsu Broadcasting Cable Information Network Corp Ltd
SSE:600959
|
Tax Provision
-ÂĄ68.9m
|
CAGR 3-Years
-425%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
H
|
Hubei Radio & Television Information Network Co Ltd
SZSE:000665
|
Tax Provision
ÂĄ6.4m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
27%
|
Guangdong South New Media Co Ltd
Glance View
In the bustling heart of China's economic powerhouse province, Guangdong, resides Guangdong South New Media Co., Ltd., a dynamic player in the ever-evolving media landscape. This company cleverly situates itself at the intersection of traditional broadcasting and new-age digital content, harnessing the full potential of the internet to carve its niche. With roots deep in television broadcasting through its ties with Guangdong TV, the company capitalizes on its extensive library of content by seamlessly transitioning it to digital platforms. By operating one of China's leading IPTV (Internet Protocol Television) services, South New Media brings a diverse range of entertainment, educational, and informational content to millions of viewers. The blend of curated local content with a sprinkle of international offerings creates a compelling draw for subscribers, cementing the company's foothold in the overcrowded digital entertainment arena. Revenue streams for Guangdong South New Media are robust and varied, deftly leveraging both traditional advertising and modern subscription models. Unlike many other media companies, South New Media derives significant income from its partnerships with telecommunications giants, bundling its IPTV services with internet and mobile packages—a strategy that extends its reach and nurtures customer loyalty. Additionally, the company enters the competitive arena of video-on-demand services, where premium content is offered as pay-per-view, enticing viewers with exclusive releases and specialized programming. This dual approach, combining subscription and transactional models, not only diversifies income risk but also positions Guangdong South New Media as a versatile and agile entity, capable of adapting swiftly to changing viewer preferences and technological advancements in an increasingly digital world.
See Also
What is Guangdong South New Media Co Ltd's Tax Provision?
Tax Provision
-60.7m
CNY
Based on the financial report for Sep 30, 2024, Guangdong South New Media Co Ltd's Tax Provision amounts to -60.7m CNY.
What is Guangdong South New Media Co Ltd's Tax Provision growth rate?
Tax Provision CAGR 5Y
-77%
Over the last year, the Tax Provision growth was -1 345%. The average annual Tax Provision growth rates for Guangdong South New Media Co Ltd have been -132% over the past three years , -77% over the past five years .