Chinese Media ( CH)_Downgrade to Reduce_ Revenue under pressure
China Securities·2024-12-19 16:37
16 December 2024 Equity Research Report Chinese Media (600373 CH) Equities Media Downgrade to Reduce: Revenue under pressure ◆ Revenue from textbooks and supplementary teaching materials is under pressure due to policy change DOWNGRADE TO REDUCE | --- | --- | --- | --- | --- | |--------------------------------|----------|----------|----------|----------| | Financial statements Year to | 12/2023a | 12/2024e | 12/2025e | 12/2026e | | Profit & loss summary (CNYm) | | | | | | Revenue | 10,084 | 8,574 | 7,676 | ...