Maoyan Entertainment (1896) AI Stock Analysis

• Market Cap: HK$8.57B
• Dividend Yield: 4.3%
• Average Volume (3M): 8.63M
• Price to Earnings (P/E): 43.2
• Beta (1Y): 1.09
• Revenue Growth: -15.71%
• EPS Growth: -80.38%
• Country: HK
• Employees: 896
• Sector: Communication Services
• Sector Strength: 93
• Industry: Internet Content & Information
• EPS (TTM): -0.10
• Shares Outstanding: 1,151,403,100
• 10 Day Avg. Volume: 12,712,539
• 30 Day Avg. Volume: 8,631,517
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: HK$7.86
• Price Target Upside: 3.15% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 56 Neutral
• Price Target: HK$8.00 ▲(4.99% Upside)

The overall score reflects strong financial stability but highlights concerns with liquidity and revenue growth. Technical indicators suggest neutral momentum, while valuation metrics indicate potential overvaluation despite an attractive dividend yield.

Maoyan Entertainment Business Overview & Revenue Model

Company Description

Maoyan Entertainment is a leading entertainment service platform in China, primarily focused on the movie and online entertainment industries. It operates as a comprehensive platform offering a wide array of services including online ticketing, entertainment content distribution and promotion, data services, and film production and financing. As a significant player in the Chinese entertainment sector, Maoyan connects consumers with a broad range of entertainment experiences and partners with numerous industry stakeholders to enhance its service offerings.

How the Company Makes Money

Maoyan Entertainment generates revenue through several key streams. The primary source is its online ticketing service, which facilitates the sale of movie tickets via its platform, earning commission fees from ticket sales. Additionally, Maoyan provides entertainment content promotion and distribution services, working with film studios and production companies to market and distribute films, for which it receives service fees. The company also engages in film production and financing, which can yield revenue through box office shares and distribution rights. Furthermore, Maoyan offers data services that leverage its vast user and market data, providing analytics and insights to industry partners for a fee. Strategic partnerships with major film producers, distributors, and cinema chains significantly contribute to its revenue, as these collaborations expand its platform's reach and service effectiveness.

Maoyan Entertainment Financial Statement Overview

Summary

The company shows operational efficiency with strong margins and a solid balance sheet. However, challenges exist in revenue growth and cash flow, which could impact future performance.

Income Statement

The income statement reveals a mixed performance. Gross profit margin and EBITDA margin remain healthy, indicating operational efficiency. However, there is a significant decline in revenue and net income from 2023 to 2024, suggesting potential challenges in sustaining growth. The negative trend in revenue growth rate is concerning for future profitability.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio, indicating financial stability and low leverage. The company maintains a high equity ratio, demonstrating robust shareholder equity compared to total assets. This financial strength provides a buffer against potential market volatility.

Cash Flow

The cash flow statement shows concerns, notably the absence of operating and free cash flow in 2024, which may indicate liquidity issues. The lack of free cash flow growth could impact the company's ability to invest in future projects and manage debt.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.08B	4.76B	2.32B	3.32B	1.37B
Gross Profit	1.63B	2.38B	1.02B	1.84B	537.33M
EBITDA	307.76M	1.28B	347.65M	1.04B	-419.46M
Net Income	181.91M	910.41M	105.19M	368.50M	-646.27M
Balance Sheet
Total Assets	12.51B	12.54B	10.26B	11.03B	10.61B
Cash, Cash Equivalents and Short-Term Investments	2.51B	3.44B	2.28B	2.66B	2.54B
Total Debt	481.21M	278.47M	373.05M	606.10M	1.08B
Total Liabilities	3.46B	3.50B	2.08B	3.04B	2.99B
Stockholders Equity	9.05B	9.04B	8.17B	7.99B	7.62B
Cash Flow
Free Cash Flow	-860.61M	1.47B	62.91M	559.69M	281.56M
Operating Cash Flow	-846.26M	1.50B	75.22M	579.26M	294.15M
Investing Cash Flow	-806.78M	-831.24M	-528.84M	163.50M	332.95M
Financing Cash Flow	401.00M	-243.37M	-415.63M	-341.07M	16.06M

Maoyan Entertainment Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.62
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1896, the sentiment is Positive. The current price of 7.62 is below the 20-day moving average (MA) of 7.82, above the 50-day MA of 7.53, and above the 200-day MA of 7.44, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 49.20 is Neutral, neither overbought nor oversold. The STOCH value of 19.86 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1896.

Maoyan Entertainment Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1024	79 Outperform	HK$341.66B	20.66	25.82%	―	9.42%	33.34%
1698	79 Outperform	HK$244.68B	26.04	13.99%	―	10.25%	84.17%
1357	76 Outperform	HK$47.21B	53.30	17.66%	1.48%	21.71%	103.69%
9898	74 Outperform	HK$18.89B	7.34	10.79%	8.32%	0.43%	21.65%
0772	66 Neutral	$32.59B	27.55	0.67%	―	-10.26%	-85.75%
Sector *	60 Neutral	$43.99B	4.18	-7.47%	4.06%	2.47%	-40.32%
1896	56 Neutral	HK$8.57B	43.23	2.01%	4.30%	-15.71%	-80.38%

Maoyan Entertainment Corporate Events

Maoyan Entertainment Issues Profit Warning Amid Market Challenges

Maoyan Entertainment has issued a profit warning for the first half of 2025, despite an increase in revenue compared to the same period in 2024. The company’s profit is expected to decline due to a downturn in the film market from March to June 2025 and increased operating costs. However, the company continues to invest in high-quality content and expand its performance business, which is expected to positively impact future operations.

The most recent analyst rating on (HK:1896) stock is a Buy with a HK$9.20 price target. To see the full list of analyst forecasts on Maoyan Entertainment stock, see the HK:1896 Stock Forecast page.

Maoyan Entertainment Announces Final Dividend with Scrip Option

Maoyan Entertainment has announced a final dividend of HKD 0.32 per share for the financial year ending December 31, 2024, with an option for shareholders to receive the dividend in cash or scrip shares. This announcement reflects the company’s commitment to returning value to its shareholders and may impact its market positioning by offering flexibility in dividend options, potentially attracting more investors.

The most recent analyst rating on (HK:1896) stock is a Buy with a HK$9.80 price target. To see the full list of analyst forecasts on Maoyan Entertainment stock, see the HK:1896 Stock Forecast page.

Maoyan Entertainment Announces Successful AGM Outcomes

Maoyan Entertainment held its Annual General Meeting on June 25, 2025, where all proposed resolutions were passed with significant shareholder support. Key resolutions included the adoption of financial statements, declaration of a final dividend, re-election of directors, and re-appointment of the auditor. The meeting’s outcomes reflect strong shareholder confidence and are expected to support the company’s strategic objectives and operational stability.

The most recent analyst rating on (HK:1896) stock is a Buy with a HK$9.80 price target. To see the full list of analyst forecasts on Maoyan Entertainment stock, see the HK:1896 Stock Forecast page.

Maoyan Entertainment Grants Share Options to CEO with Performance Targets

Maoyan Entertainment announced the grant of 10,000,000 share options to its CEO, Mr. Zheng Zhihao, under the Post-IPO Share Option Scheme. These options are part of a performance-based vesting schedule, with targets set for annual net profit increases between 15%-25% over the next few years, reflecting the company’s strategic focus on growth and performance.

The most recent analyst rating on (HK:1896) stock is a Buy with a HK$9.80 price target. To see the full list of analyst forecasts on Maoyan Entertainment stock, see the HK:1896 Stock Forecast page.