Company Overview - CMC (柠萌影视) is a leading content production company in China, focusing on high-quality drama series based on a strong copyright IP reserve [2] - Since its establishment in 2014, CMC has produced and released 13 high-quality drama series, achieving a high quality rate of approximately 71.4% [2] - The company has explored new growth channels such as content marketing, derivative licensing, and overseas distribution to maximize the commercial value of its proprietary IP [2] Financial Performance - As of December 31, 2024, CMC reported total revenue of 657 million yuan, a year-on-year decrease of 46.22% [1] - The company recorded a net loss attributable to shareholders of 189 million yuan, a year-on-year decrease of 188.54% [1] - CMC's gross profit margin stands at 16.52%, with a debt-to-asset ratio of 28.09% [1] Market Position - CMC's current price-to-earnings (P/E) ratio is -5.56, ranking 79th in the media and entertainment industry, which has an average P/E ratio of -13.52 [1] - The company has underperformed the Hang Seng Index, with a year-to-date increase of 12.14%, compared to the index's increase of 20.38% [1] - No investment ratings have been issued by institutions for CMC at this time [1]
柠萌影视（09857.HK）7月9日收盘上涨15.61%，成交11.68万港元