China Partytime Culture Holdings Ltd. (1532) AI Stock Analysis

• Market Cap: HK$191.57M
• Dividend Yield: N/A
• Average Volume (3M): 47.50K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.29
• Revenue Growth: -39.86%
• EPS Growth: -377.55%
• Country: HK
• Employees: 564
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): -0.03
• Shares Outstanding: 1,807,263,100
• 10 Day Avg. Volume: 57,300
• 30 Day Avg. Volume: 47,500
• PEG Ratio: -0.02
• Price to Book (P/B): 0.50
• Price to Sales (P/S): 0.71
• P/FCF Ratio: -10.37
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: HK$0.11 ▼(-2.73% Downside)

The overall stock score is primarily influenced by the company's financial instability, with ongoing losses and cash management issues being significant concerns. Technical indicators provide a mixed view, with some bearish signals. The valuation is poor due to negative earnings and lack of dividends, further impacting the score.

Positive Factors

Strong Equity Position

A strong equity position indicates financial stability, providing a buffer against market volatility and supporting long-term strategic investments.

Diverse Revenue Streams

Diversified revenue streams reduce dependency on a single income source, enhancing resilience against sector-specific downturns and supporting sustainable growth.

Manageable Leverage

Low leverage reduces financial risk, allowing the company to navigate economic challenges more effectively and invest in growth opportunities without excessive debt burden.

Negative Factors

Declining Revenues

Consistent revenue decline indicates potential market share loss or demand issues, challenging the company's ability to sustain operations and invest in future growth.

Negative Profitability

Persistent negative profitability undermines financial health, limiting the ability to reinvest in the business and potentially impacting long-term viability.

Cash Flow Instability

Volatile cash flow and negative free cash flow highlight liquidity challenges, potentially restricting the company's ability to fund operations and strategic initiatives.

China Partytime Culture Holdings Ltd. Business Overview & Revenue Model

Company Description

China Partytime Culture Holdings Ltd. (1532) is a leading entertainment and cultural services provider based in China, focusing on the promotion and production of live entertainment events. The company operates within the cultural and creative sectors, offering a diverse range of products and services including event planning, performance production, and artist management. It aims to enhance cultural experiences through innovative entertainment solutions, catering primarily to the youth and family segments in the Chinese market.

How the Company Makes Money

China Partytime Culture Holdings Ltd. generates revenue through multiple key streams, primarily from ticket sales for live events and performances, which constitute a significant portion of its income. Additionally, the company earns revenue from partnerships with local and international artists, promoting their performances in China, and through the sale of merchandise related to its events. Sponsorship agreements with brands looking to reach the entertainment audience also contribute to its earnings. Moreover, the company may engage in collaborative ventures with other entertainment firms, further expanding its revenue potential through shared projects and co-productions.

China Partytime Culture Holdings Ltd. Financial Statement Overview

Summary

The company faces significant financial challenges with declining revenues, negative profitability, and cash flow instability. Despite a relatively strong equity position and low leverage, ongoing losses and cash management issues pose significant risks.

Income Statement

The company has experienced declining revenues from 2019 to 2024, with a significant drop in revenue from 2023 to 2024. The gross profit margin has decreased over time, reflecting increased cost pressures. Net income has been consistently negative, indicating ongoing challenges in achieving profitability. The negative EBIT and EBITDA margins signal operational inefficiencies. Overall, the income statement reflects financial instability and profitability challenges.

Balance Sheet

The company maintains a relatively strong equity position with a high equity ratio, indicative of financial stability. However, the declining stockholders' equity over the years raises concerns. The debt-to-equity ratio is low, suggesting manageable leverage. Despite a consistent reduction in total assets over time, the company appears to have a stable balance sheet with manageable debt levels but faces challenges in asset management and equity preservation.

Cash Flow

Cash flow from operations has been volatile, with periods of negative free cash flow reflecting cash management challenges. The company’s inability to generate consistent positive operating cash flow raises concerns about its ability to fund operations and investments internally. The free cash flow to net income ratio is concerning due to negative free cash flow, highlighting cash inefficiencies. Overall, the cash flow statement points to liquidity and cash generation issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	198.64M	240.33M	355.68M	301.11M	242.21M	255.25M
Gross Profit	34.70M	46.59M	87.04M	75.06M	65.99M	64.28M
EBITDA	-29.97M	-18.25M	11.32M	24.54M	25.21M	-38.28M
Net Income	-111.56M	-66.88M	-23.93M	-15.14M	-17.72M	-68.44M
Balance Sheet
Total Assets	398.26M	417.11M	452.48M	498.03M	487.15M	460.11M
Cash, Cash Equivalents and Short-Term Investments	41.25M	67.17M	49.88M	50.75M	106.80M	51.90M
Total Debt	21.13M	25.99M	8.18M	78.09M	101.23M	89.13M
Total Liabilities	85.59M	53.42M	41.40M	99.03M	122.61M	108.58M
Stockholders Equity	297.89M	344.23M	383.10M	376.38M	361.18M	351.53M
Cash Flow
Free Cash Flow	-76.47M	-16.52M	34.73M	-34.84M	9.80M	-22.30M
Operating Cash Flow	-27.73M	24.46M	53.84M	5.24M	21.79M	-18.88M
Investing Cash Flow	41.26M	-37.37M	-11.02M	-33.91M	-60.00K	6.97M
Financing Cash Flow	-9.27M	27.97M	-41.11M	-25.26M	28.99M	-18.11M

China Partytime Culture Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.11
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1532, the sentiment is Negative. The current price of 0.11 is above the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.11, and below the 200-day MA of 0.11, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 50.79 is Neutral, neither overbought nor oversold. The STOCH value of 28.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1532.

China Partytime Culture Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0294	52 Neutral	HK$177.80M	―	-8.49%	2.33%	-6.96%	-32.24%
0643	46 Neutral	HK$238.46M	-4.64	-36.27%	―	-13.88%	-210.33%
1906	46 Neutral	HK$809.12M	-30.90	-6.24%	―	5.88%	16.82%
1532	45 Neutral	HK$191.57M	―	-31.61%	―	-39.86%	-377.55%
1388	45 Neutral	HK$168.97M	―	-18.57%	―	-6.47%	-118.56%
3398	39 Underperform	HK$170.09M	-0.40	-25.27%	―	4.98%	-3.47%

China Partytime Culture Holdings Ltd. Corporate Events

China Partytime Sells Subsidiary for RMB20.5 Million

China Partytime Culture Holdings Ltd. has announced the disposal of its entire equity interest in a wholly-owned subsidiary, the Target Company, for RMB20.5 million. This transaction will result in the Target Group no longer being part of the company’s consolidated financial statements. The sale, deemed a discloseable transaction under Hong Kong’s Listing Rules, was completed on the same day as the agreement, reflecting strategic realignment and expected benefits for the company.