[Broker Focus] J.P. Morgan Chase: Optimistic that ticket distribution for offline shows of Maoyan Entertainment (01896) and Alibaba Pictures (01060) has become a new growth point

Jinwu Financial News | J.P. Morgan Chase released a research report saying that ticket distribution for offline shows will become the next growth engine for Alibaba Pictures (01060) and Maoyan Entertainment (01896). Alibaba Pictures will have a stronger competitive position after acquiring Damai.com. Therefore, the recent fall in stock prices has made Alibaba Pictures more attractive than Cat's Eye. According to the bank, China's entertainment industry, which recovered strongly in 2023, is still showing a growth trend this year. In the first quarter of 2024, movie box office increased 4% year on year, and performance ticket revenue increased 117% year on year. Looking forward to the future, industry growth will be mainly driven by offline performance ticket distribution (not movies) because of sound

金吾財訊Apr 18 23:38 ET

Changes in Hong Kong stocks | Maoyan Entertainment (01896) rose nearly 4% This year's ideal movie content pipeline and the May 1st box office is expected to continue to recover

The Zhitong Finance App learned that Maoyan Entertainment (01896) rose nearly 4%. As of press release, it had risen 3.62% to HK$9.74, with a turnover of HK$9.362 million. According to the news, according to information, Maoyan Entertainment plans to release dozens of popular movies this year, including “Flying Fast to Life 2,” “Chaoyuan Alley,” “Crazy Money at the End,” “Crisis Line,” and “Rebirth.” UBS previously indicated that the cumulative demand for offline performance activities will help increase the company's market share. Coupled with this year's ideal movie content pipeline, many major blockbusters will be screened within this year. It is estimated that the overall online ticketing revenue of Cat's Eye will increase by 3% throughout this year.

Zhitong FinanceApr 17 23:31 ET

[Broker Focus] GF Securities maintains Maoyan Entertainment's (01896) “buy” rating, indicating a steady increase in its ticketing share and continuous improvement in its video promotion capacity

Jinwu Financial News | According to GF Securities Research, Maoyan Entertainment (01896) achieved revenue of 4.757 billion yuan in 2023, up 105% year on year; net profit to mother of 910 million yuan, up 765% year on year; adjusted net profit of 1,029 million yuan, up 342% year on year. (2) At 23H2, the company achieved revenue of 2,560 billion yuan, a year-on-year increase of 127%; net profit to mother was 504 million yuan, and adjusted net profit of 573 million yuan, turning a year-on-year loss into a profit. According to the bank, the company's online entertainment ticketing service achieved revenue of 2,259 billion yuan in 2023, an increase of 111.5% over the previous year

金吾財訊Apr 16 21:17 ET

Maoyan Entertainment's (HKG:1896) Intrinsic Value Is Potentially 31% Above Its Share Price

Key Insights The projected fair value for Maoyan Entertainment is HK$13.25 based on 2 Stage Free Cash Flow to Equity Current share price of HK$10.08 suggests Maoyan Entertainment is potentially 24%

Simply Wall StApr 11 18:13 ET

Changes in Hong Kong stocks | Huanxi Media (01003) rose more than 18%, leading the film and television stock market continued to recover in the first quarter, and institutions are still optimistic about the subsequent schedule

Film and television stocks rallied higher. As of press release, Huanxi Media (01003) rose 18.33% to HK$0.71; Ning Meng Film and Television (09857) rose 3.31% to HK$8.43; and Maoyan Entertainment (01896) rose 2.75% to HK$10.1.

Zhitong FinanceApr 11 03:21 ET

Changes in Hong Kong stocks | Film concept stocks are collectively rising, institutions say there are many signs that the film industry is booming, and there is still room for recovery

Film concept stocks rose collectively. As of press release, Ning Meng Film & Television (09857) rose 15.65% to HK$8.5; Huanxi Media (01003) rose 9.09% to HK$0.6; Cat Eye Entertainment (01896) rose 1.45% to HK$9.77; and Straw Bear Entertainment (02125) rose 1.18% to HK$0.43.

Zhitong FinanceApr 10 02:33 ET