Jiangsu Phoenix Publishing & Media Corp Ltd

Chart & Performance

D1W1MN

P/E

9.73

P/S

2.11

EPS

1.16

Div Yield, %

4.43%

Shrs. gr., 5y

—

Rev. gr., 5y

2.97%

Revenues

13.65b

+0.36%

Net income

2.95b

+41.80%

CFO

2.60b

+3.84%

Dividend

Jul 12, 20240.5 CNY/sh

Profile

Jiangsu Phoenix Publishing & Media Corporation Limited publishes and distributes books in China. The company engages in publishing teaching materials, textbooks for primary and secondary schools, teaching aids for primary and secondary schools, general books, and electronic and audio-visual products; the distribution of teaching materials and general books, and teaching equipment; and the cultural and commercial real estate operation and other businesses. It also operates a chain of bookstores; and sells its products through e-commerce, direct sales, and other methods of distribution. In addition, the company provides data related IT services to government and enterprises customers; film and television related artist brokerage and related services; and teaching software, such as early childhood, basic, and vocational education, as well as virtual training software. Further, it engages in the production and distribution of TV series and movies; research, development, and sale of educational apps; research, development, and operation of mobile games; and agency operation of products of other mobile game companies. The company's publishing covers art, architecture and design, audio-visual products, biography, business and economics, children's books, education, fiction/poetry, how-to and self-help, humanities and social science, non-fiction, STM, and other categories. Jiangsu Phoenix Publishing & Media Corporation Limited was founded in 1953 and is headquartered in Nanjing, China.

URL

https://www.ppm.cn/

IPO date

Nov 30, 2011

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	13,645,039 0.36%	13,595,853 8.62%	12,516,939 3.15%
Cost of revenue	9,448,183	10,253,952	9,655,503
Unusual Expense (Income)
NOPBT	4,196,856	3,341,901	2,861,437
NOPBT Margin	30.76%	24.58%	22.86%
Operating Taxes	(633,065)	20,599	25,626
Tax Rate		0.62%	0.90%
NOPAT	4,829,921	3,321,302	2,835,810
Net income	2,951,938 41.80%	2,081,793 -15.26%	2,456,754 53.98%
Dividends	(1,272,450)	(1,272,450)	(1,017,960)
Dividend yield	5.68%	6.31%	4.94%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	6,722	154,867	121,467
Long-term debt	578,625	706,571	887,229
Deferred revenue	441,015	441,453	448,337
Other long-term liabilities	589,255	595,260	600,727
Net debt	(3,773,822)	(6,966,515)	(7,991,659)
Cash flow
Cash from operating activities	2,603,125	2,506,842	3,321,016
CAPEX	(467,190)
Cash from investing activities	(4,689,164)	1,241,911
Cash from financing activities	(1,225,981)
FCF	5,372,515	2,557,954	2,060,078
Balance
Cash	3,142,854	7,827,954	9,000,355
Long term investments	1,216,315
Excess cash	3,676,917	7,148,161	8,374,508
Stockholders' equity	15,087,833	13,463,077	12,618,507
Invested Capital	17,085,365	11,948,387	9,717,398
ROIC	33.27%	30.66%	30.97%
ROCE	20.21%	17.50%	15.82%
EV
Common stock shares outstanding	2,544,814	2,544,900	2,544,900
Price	8.81 11.24%	7.92 -2.10%	8.09 27.80%
Market cap	22,419,815 11.23%	20,155,608 -2.10%	20,588,241 27.80%
EV	18,931,762	13,479,179	12,894,504
EBITDA	4,656,544	3,759,805	3,233,094
EV/EBITDA	4.07	3.59	3.99
Interest	24,172	34,181	28,086
Interest/NOPBT	0.58%	1.02%	0.98%