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000917.SZ Shenzhen Stock Exchange Unclassified

Hunan TV & Broadcast Intermediary Co Ltd

¥8,03
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Mcap
11,4B CNY
P/E
67,2x
EV / Rev
3,0x
Div yield
0,46 %
Op margin
9,2 %
ROE
0,7 %
Net margin
1,8 %
Debt / equity
0,36
Beta
52w range
Volume
Day range
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About

Hunan TV & Broadcast Intermediary Co Ltd operates in the media and communication services sector, generating revenue through broadcasting and related intermediary activities.

Business. Hunan TV & Broadcast Intermediary Co Ltd operates in the media and communication services sector, generating revenue through broadcasting and related intermediary activities.

Classification20 %
SectorUnclassified
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
67,2x
P/E
Analysts
not yet wired
Ownership
not yet wired
Profitability
0,7 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 000917.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 000917.SZ. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Hunan TV & Broadcast Intermediary Co Ltd operates in the media and communication services sector, generating revenue through broadcasting and related intermediary activities.

    Classification20 %
    SectorUnclassified
    AI synthesis
    GENERATED

    The company maintains a conservative capital structure with a debt-to-equity ratio of 0.36 and a current ratio of 2.22, indicating adequate short-term liquidity. Total equity stands at CNY 10.38 billion against total liabilities of CNY 6.56 billion, while long-term debt is CNY 3.70 billion. Despite these stable balance sheet metrics, the risk assessment flags medium liquidity risk and notes that net cash is negative after subtracting total debt, suggesting reliance on external financing or operational cash flow management.

    Profitability metrics reveal significant inefficiency relative to the capital base. Return on equity is 0.69% and return on assets is 0.42%, indicating minimal value creation for shareholders. The company generated CNY 1.38 billion in net income on CNY 4.34 billion in revenue, resulting in a net margin of approximately 3.2%. Operating income was CNY 485.9 million, yielding an operating margin of roughly 11.2%. These returns are likely below cohort medians for the media sector, reflecting margin compression or high fixed costs typical of broadcast intermediaries.

    Key takeaways
    • Low profitability with ROE of 0.69% and ROA of 0.42% indicates poor capital efficiency.
    • Conservative leverage with debt-to-equity of 0.36 and current ratio of 2.22 supports financial stability.
    • Negative net cash position after debt subtraction poses a medium liquidity risk.
    • Valuation appears stretched with P/E of 129.86 despite low returns on equity.
    • No historical growth data available to assess trajectory or momentum.
    • Low dilution risk with stable share count of 1.42 billion shares.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 4

    Net income surged 83% year-over-year, demonstrating significant recent profitability improvement despite broader revenue stagnation.

    Free cash flow grew 43.6% year-over-year, highlighting strong cash generation capabilities in the latest period.

    Gross profit reached 1.2 billion CNY, maintaining robust top-line margins despite fluctuating revenue trends.

    Debt-to-equity ratio of 0.36 is below the cohort median of 0.4, suggesting a conservative leverage profile.

    BEAR CASE · 3

    Return on equity of 0.69% falls in the bottom quartile, signaling extremely poor capital efficiency compared to peers.

    The company faces high credit risk, posing a significant threat to financial stability and asset quality.

    Cash conversion ratio of -2.19 is in the bottom quartile, indicating poor ability to convert earnings to cash.

    In focus — financials by report

    Annual
    ANNUALFiled 2023-04-27
    FY 2023 · Full-year highlights

    Revenue ¥3.73B, −14,2% YoY; Operating income −30,4% YoY.

    Revenue¥3.73B−14,2 % YoY
    Operating income¥551.5M−30,4 % YoY
    Net income¥208.3M−37,0 % YoY
    Free cash flow¥307.0M−27,7 % YoY
    EPS
    Operating cash flow-¥156.0M−124,5 % YoY
    Financials
    Income statement
    Revenue¥3.73B
    Gross profit¥1.11B
    Operating income¥551.5M
    Net income¥208.3M
    Margins
    Gross margin29.7%
    Operating margin14.8%
    Net margin5.6%
    FCF margin8.2%
    Balance sheet
    Total assets¥17.68B
    Total liabilities¥7.49B
    Total equity¥10.19B
    Cash & equivalents
    Long-term debt¥4.21B
    Cash flow
    Operating cash flow-¥156.0M
    CapEx-¥75.9M
    Free cash flow¥307.0M
    SBC
    P&L flow · revenue → net income
    Revenue ¥4.34BOperating costs ¥3.85BFinance ¥88.5MNet income ¥137.7M
    Highlights
    • Revenue ¥3.73B, −14,2% YoY
    • Operating income −30,4% YoY
    • Net income −37,0% YoY
    • Free cash flow −27,7% YoY
    • Net margin 5.6%

    Valuation FY

    Market price
    ¥8,03
    Market cap
    ¥9.26B
    Enterprise value
    ¥12.96B
    P/E
    67.2x
    Non-GAAP P/E
    EV / Revenue
    3.0x
    EV / Op income
    26.7x
    EV / OCF
    P / B
    0.9x
    P / Tangible book
    0.9x
    Tangible book
    ¥10.38B
    Net cash
    -¥3.70B
    Current ratio
    2.2
    Debt / equity
    0.4
    ROA
    0.4%
    ROE
    0.7%
    Cash conversion
    -219.0%
    CapEx / revenue
    -1.9%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Advertising Technology & Services
    low · llm_fanout_v2
    Linear Television Services
    low · llm_fanout_v2
    Media
    low · llm_fanout_v2

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin9,2 %Above median
    Net Margin1,8 %Below median
    ROE0,7 %Bottom quartile
    Capex / Rev-1,9 %Above median
    D/E0,36Above median
    Cash Conv-2,19Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Enterprise Value
      market_cap - net_cash
    • Return On Assets
      net_income / total_assets
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • Hunan TV & Broadcast Intermediary Co Ltd Market data — financials · 2026-07-07

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    000917.SZCanonical
    Shenzhen Stock Exchange · CNY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2023-04-27 19:22 UTCEARNINGSAnnual results — FY 2023 Revenue CNY 3.73B · Net CNY 208.3M
    2022-04-17 15:32 UTCEARNINGSAnnual results — FY 2022 Revenue CNY 4.34B · Net CNY 330.4M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage