Maoyan Entertainment (1896) AI Stock Analysis

• Market Cap: HK$8.46B
• Dividend Yield: N/A
• Average Volume (3M): 6.11M
• Price to Earnings (P/E): 42.7
• Beta (1Y): 1.06
• Revenue Growth: -15.71%
• EPS Growth: -80.38%
• Country: HK
• Employees: 896
• Sector: Communication Services
• Sector Strength: 93
• Industry: Internet Content & Information
• EPS (TTM): 0.17
• Shares Outstanding: 1,151,335,000
• 10 Day Avg. Volume: 5,241,995
• 30 Day Avg. Volume: 6,105,065
• PEG Ratio: -0.59
• Price to Book (P/B): 0.76
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 21.80
• 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$8.99
• Price Target Upside: 22.31% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 65 Neutral
• Price Target: HK$8.00 ▲(8.84%Upside)

Maoyan Entertainment's overall score reflects strengths in operational efficiency and a solid balance sheet, which are counterbalanced by significant challenges in revenue growth and cash flow. The technical analysis is moderately positive, supporting short-term stability, but high valuation metrics and lack of dividend yield present risks for long-term value.

Maoyan Entertainment Business Overview & Revenue Model

Company Description

Maoyan Entertainment operates a platform that provides internet-empowered entertainment services in the People's Republic of China. The company offers online entertainment ticketing, entertainment content, advertising, and other services. It provides online movie and entertainment event ticketing services; movie distribution and promotion services; computer technology research, film project technology advisory, and e-business services; film and TV series investment and distribution services; economic and trade consultation; and network technology and commercial factoring services. The company also engages in acting agent and literary creation and performance; production and operation of radio and TV programs; technology and goods import and export; production, distribution, and promotion of movies, games, variety shows, cartoons, radio dramas, TV dramas, and advertisements; audio-visual distribution; and performance venue management activities. Its customers primarily include cinemas, entertainment content producers and distributors, and advertisers. Maoyan Entertainment was incorporated in 2017 and is headquartered in Beijing, the People's Republic of China.

How the Company Makes Money

Maoyan Entertainment generates revenue through multiple channels, primarily focusing on its online ticketing services, which account for a significant portion of its income. The company charges service fees for movie ticket sales conducted through its platform, partnering with cinemas across China. Additionally, Maoyan capitalizes on advertising and marketing services offered to film producers and distributors, leveraging its large user base to promote content effectively. The company also earns income from its content production and investment activities, including film production and IP development, which allow it to participate in box office revenue sharing. Furthermore, strategic partnerships with major entertainment entities enhance its content offerings and expand its reach in the market.

Maoyan Entertainment Financial Statement Overview

Summary

Maoyan Entertainment shows operational efficiency with strong margins and a solid balance sheet. However, revenue decline and liquidity issues, as indicated by the absence of operating and free cash flow, are significant concerns.

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: 7.35
• 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 7.35 is above the 20-day moving average (MA) of 7.31, above the 50-day MA of 6.85, and above the 200-day MA of 7.27, indicating a bullish trend. The MACD of 0.10 indicates Positive momentum. The RSI at 54.69 is Neutral, neither overbought nor oversold. The STOCH value of -3.13 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
1896	65 Neutral	HK$8.46B	42.73	2.01%	―	-15.71%	-80.38%
Sector *	54 Neutral	AU$3.52B	17.10	-1.37%	3.31%	4.24%	-16.74%
CHLLF		$3.80B	27.70	-1.14%	―	―	―
MEIUF		$4.98B	34.64	17.66%	3.58%	―	―
1698	84 Outperform	HK$216.61B	21.80	14.34%	0.96%	4.16%	82.42%
1024	80 Outperform	HK$270.22B	16.45	25.82%	―	9.42%	33.34%
9898	72 Outperform	HK$18.59B	7.22	10.79%	8.45%	0.43%	21.65%

Maoyan Entertainment Corporate Events

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.

Maoyan Entertainment Grants 400,000 Restricted Share Units to Employees

Maoyan Entertainment has announced the grant of 400,000 restricted share units (RSUs) to certain employees, representing approximately 0.035% of the total issued shares. The RSUs will vest over a period of four years, with specific conditions for clawback and forfeiture in cases of employment termination or misconduct. This move is likely aimed at incentivizing employees and aligning their interests with the company’s long-term goals, potentially impacting the company’s operational dynamics and stakeholder relations.

Maoyan Entertainment Announces 2025 Annual General Meeting

Maoyan Entertainment has announced its 2025 Annual General Meeting, scheduled for June 25, 2025, in Beijing. Key agenda items include the adoption of the 2024 financial statements, declaration of a final dividend of HK$0.32 per share, re-election of directors, and re-appointment of PricewaterhouseCoopers as the auditor. The meeting will also consider resolutions to authorize the board to allot and issue additional shares.