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Hengdian Entertainment Co Ltd
SSE:603103

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Hengdian Entertainment Co Ltd
SSE:603103
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Price: 22.49 CNY -3.68% Market Closed
Market Cap: ¥14.3B

EV/EBIT

70.4
Current
57%
More Expensive
vs 3-y average of 44.8

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
70.4
=
Enterprise Value
¥15.6B
/
EBIT
¥202.7m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
70.4
=
Enterprise Value
¥15.6B
/
EBIT
¥202.7m

Valuation Scenarios

Hengdian Entertainment Co Ltd is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (44.8), the stock would be worth ¥14.33 (36% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-59%
Maximum Upside
No Upside Scenarios
Average Downside
43%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 70.4 ¥22.49
0%
3-Year Average 44.8 ¥14.33
-36%
5-Year Average 44.8 ¥14.33
-36%
Industry Average 41.4 ¥13.23
-41%
Country Average 28.9 ¥9.24
-59%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
¥15.6B
/
Jan 2026
¥202.7m
=
70.4
Current
¥15.6B
/
Dec 2026
¥655.5m
=
23.7
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
CN
Hengdian Entertainment Co Ltd
SSE:603103
14.3B CNY 70.4 89.6
US
Netflix Inc
NASDAQ:NFLX
389.2B USD 28 29.1
US
Walt Disney Co
NYSE:DIS
185B USD 15.7 15.1
LU
Spotify Technology SA
NYSE:SPOT
106.6B USD 37.2 40.9
US
Warner Bros Discovery Inc
NASDAQ:WBD
67.1B USD 72.6 92.3
NL
Universal Music Group NV
AEX:UMG
36.6B EUR 19.5 23.9
US
TKO Group Holdings Inc
NYSE:TKO
36.2B USD 38.5 158.1
US
Live Nation Entertainment Inc
NYSE:LYV
36.9B USD 30.2 -668.8
US
Roku Inc
NASDAQ:ROKU
17B USD -5 750.4 193.2
FR
Bollore SE
PAR:BOL
14.8B EUR -47.7 42.6
US
Warner Music Group Corp
NASDAQ:WMG
15.1B USD 18.5 50.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
H
Hengdian Entertainment Co Ltd
SSE:603103
Average EV/EBIT: 36.7
70.4
N/A N/A
US
Netflix Inc
NASDAQ:NFLX
28
20%
1.4
US
Walt Disney Co
NYSE:DIS
15.7
16%
1
LU
Spotify Technology SA
NYSE:SPOT
37.2
30%
1.2
US
Warner Bros Discovery Inc
NASDAQ:WBD
72.6
11%
6.6
NL
Universal Music Group NV
AEX:UMG
19.5
14%
1.4
US
TKO Group Holdings Inc
NYSE:TKO
38.5
28%
1.4
US
Live Nation Entertainment Inc
NYSE:LYV
30.2
23%
1.3
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -5 750.4 N/A N/A
FR
Bollore SE
PAR:BOL
Negative Multiple: -47.7 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
18.5
20%
0.9

Market Distribution

Higher than 76% of companies in China
Percentile
76th
Based on 5 337 companies
76th percentile
70.4
Low
0 — 16.6
Typical Range
16.6 — 52.9
High
52.9 —
Distribution Statistics
China
Min 0
30th Percentile 16.6
Median 28.9
70th Percentile 52.9
Max 49 021

Hengdian Entertainment Co Ltd
Glance View

Market Cap
14.3B CNY
Industry
Media

In the bustling world of Chinese entertainment, Hengdian Entertainment Co Ltd emerges as a formidable force, carving a distinct niche in the cinematic and television landscape. Rooted in the heartland of China's cultural revolution, Hengdian owes its inception to the thriving Hengdian World Studios, often dubbed as the "Hollywood of China." This sprawling enterprise captures the imagination of millions by providing comprehensive film and television production services, developing everything from expansive sets to high-tech post-production facilities. Hengdian Entertainment's strategy is meticulously crafted, focusing on leveraging this integration to produce content that resonates with the evolving tastes of domestic audiences while keeping an eye on burgeoning international opportunities. Beyond production, Hengdian Entertainment monetizes its expansive entertainment ecosystem through a robust distribution network, including an extensive chain of cinemas spread across China's urban and suburban landscapes. Here, audiences not only consume homegrown cinematic creations but are also presented with a curated selection of global offerings, ensuring a steady stream of revenue. The company's financial success is bolstered by its adeptness at tapping into ancillary revenue streams, such as licensing, merchandise, and experiential offerings within its theme parks that capitalize on popular film and television characters and themes. By harmonizing production prowess with multifaceted distribution and revenue generation strategies, Hengdian Entertainment stands as a testament to China's growing cinematic influence and economic ascendancy in the global entertainment sphere.

Intrinsic Value
16.28 CNY
Overvaluation 28%
Intrinsic Value
Price ¥22.49
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