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Media investment and services group tied to Hunan Radio & TV, providing advertising agency services, cable network operations and media-related venture investing.
Media investment and services group tied to Hunan Radio & TV, providing advertising agency services, cable network operations and media-related venture investing.
In one line: A Chinese regional broadcaster's media-services and venture-investment arm.
Moat: narrow (distribution, regulatory licence). Preferential ties to Hunan TV/Mango TV, one of China's most-watched broadcasters, and a regional cable licence.
Headquarters: Changsha, Hunan, China · Employees: 2,439
Size Hunan TV & Broadcast Intermediary (000917.SZ) is a China Communication Services company (Advertising/Marketing Services) with a market value of $1.43B, the 1696th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.75 on 6 Nov 2026.
Performance Over six months the shares fell 22.8%, against -7.3% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue fell 1.7% over the last twelve months (peer median +9.6%); the operating margin is 3.5% (peer median 0.8%).
Valuation It trades at 2.5× enterprise value to sales against a peer median of 2.0× (8th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 17% a year for seven years (Req g). Recent delivered growth is -6%, so the hurdle is +23 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 5.4 points below its cost of capital (6.8% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.27B | CN¥4.33B | CN¥3.90B | CN¥3.91B | CN¥3.72B |
| Revenue growth | — | +11% | 0% | +5% | — |
| Gross profit | CN¥1.31B | CN¥1.14B | CN¥1.08B | CN¥1.15B | CN¥1.09B |
| EBITDA | n/a | CN¥281M | CN¥270M | CN¥268M | CN¥276M |
| Net income | -CN¥144M | CN¥138M | CN¥95.9M | CN¥176M | CN¥209M |
| Free cash flow | CN¥841M | CN¥368M | CN¥824M | CN¥671M | CN¥346M |
| Capital expenditure | CN¥76.3M | CN¥70.7M | CN¥49.2M | CN¥122M | CN¥75.9M |
| Total debt | CN¥3.71B | CN¥3.49B | CN¥3.54B | CN¥3.50B | CN¥3.96B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Hunan TV & Broadcast Intermediary 000917.SZ | $1.43B | -23% | -2% | 3% | 2.5× | 17.1% |
| Zhejiang Huace Film & TV 300133.SZ | $2.79B | +15% | +44% | 8% | 6.4× | n/a |
| Guangdong Advertising 002400.SZ | $1.72B | -27% | +11% | 0% | 0.6× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000917.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.8% | +2.6% | 10th lowest of 21 |
| 6-month return | -22.8% | -7.3% | 5th lowest of 21 |
| Distance from 52-week high | -53.3% | -37.2% | 3rd lowest of 21 |
| Revenue growth (TTM) | -1.7% | +9.6% | 6th lowest of 21 |
| Operating margin | 3.5% | 0.8% | 9th highest of 20 |
| EV / Sales | 2.5× | 2.0× | 8th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 17.1% | 7.1% | 5th most demanding of 13 |
| Growth delivered (Del g) | -6.1% | +7.0% | 2nd lowest of 13 |
| Hurdle (Req g minus delivered) | +23.2 pp | -7.4 pp | 4th most demanding of 13 |
| ROIC minus cost of capital | -5.4 pp | -4.3 pp | 10th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hunan TV & Broadcast Intermediary 000917.SZ | China | $1.43B | -23% | -2% | 3% | 2.5× | 17.1% | -6.1% |
| Sharplink SBET | United States | $1.36B | -16% | +1,497% | -19% | 25.9× | n/a | n/a |
| New Guomai Digital Culture 600640.SS | China | $1.35B | -8% | -11% | -2% | 4.2× | 57.0% | -16.4% |
| Marketingforce Management 2556.HK | Hong Kong | $1.53B | +10% | +128% | 6% | 2.5× | 16.6% | +38.8% |
| InMyShow Digital Technology (Group) 600556.SS | China | $1.33B | -17% | +25% | -2% | 1.9× | n/a | n/a |
| Three's Company Future Technology 605168.SS | China | $1.32B | -12% | +11% | 6% | 2.1× | 33.3% | +5.5% |
| CheilWorldwide 030000.KS | South Korea | $1.26B | -2% | -4% | 7% | 0.4× | -17.6% | +10.6% |
| ANYCOLOR 5032.T | Japan | $1.23B | +16% | +10% | 35% | 3.1× | -8.9% | +48.8% |
| Sunwave Communications 002115.SZ | China | $1.21B | -35% | +102% | 1% | 0.4× | 26.1% | +6.5% |
| Guangdong Advertising 002400.SZ | China | $1.72B | -27% | +11% | 0% | 0.6× | n/a | n/a |
| QuinStreet QNST | United States | $1.18B | +58% | +18% | 3% | 0.9× | 9.8% | +17.5% |
| Trump Media & Technology DJT | United States | $1.11B | -55% | +22% | -4,052% | 253.7× | n/a | n/a |
| Guangdong Guangzhou Daily Media 002181.SZ | China | $1.96B | -32% | 0% | -6% | 22.0× | n/a | n/a |
| Havas HAVAS.AS | Netherlands | $1.99B | +10% | +1% | 9% | 0.7× | -8.4% | +1.8% |
| China Tourism And Culture Investment 600358.SS | China | $911M | -11% | +125% | n/a | 7.6× | n/a | n/a |
| Inly Media 603598.SS | China | $865M | +4% | +9% | 0% | 0.7× | n/a | n/a |
| Stroeer SE & Co. KGaA SAX.DE | Germany | $2.41B | -1% | +3% | 11% | 1.9× | 4.5% | +7.5% |
| Guangdong Yowant Technology 002291.SZ | China | $786M | -15% | -22% | -15% | 2.2× | 36.3% | +9.0% |
| Hubei Century Network Technology 300494.SZ | China | $766M | -5% | -7% | -6% | 3.6× | n/a | n/a |
| Criteo CRTO | United States | $756M | -6% | -7% | 8% | 0.3× | -19.8% | -1.3% |
| Apg Sga APGN.SW | Switzerland | $745M | +13% | +5% | 10% | 1.7× | -2.7% | +4.5% |