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China's largest out-of-home advertising network, running screens in elevators, office buildings and cinemas.
China's largest out-of-home advertising network, running screens in elevators, office buildings and cinemas.
Sells advertising time and space to brand advertisers on contract, priced by the reach of the screens in each city. Taken private from Nasdaq in 2013, it returned to market in 2015 as a Shenzhen listing. Results move with the amount big consumer brands spend on advertising.
In one line: China's Clear Channel Outdoor / Outfront Media.
Moat: wide (scale, installed base, network effects). Largest elevator/building ad-screen network in China's major cities, hard to replicate at scale.
Headquarters: Shanghai, China · Founded: 2003 · Employees: 5,084
Size Focus Media Information Technology (002027.SZ) is a China Industrials company (Miscellaneous Manufacturing) with a market value of $12.0B, the 208th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.55 on 6 Nov 2026.
Performance Over six months the shares fell 11.8%, against -6.3% for the median peer and -16.4% for the China market (cap-weighted) — 5th highest of 9 in its peer set.
Growth Revenue fell 1.7% over the last twelve months (peer median +9.4%); the operating margin is 29.8% (peer median 14.4%).
Valuation It trades at 14.4× forward earnings against a peer median of 19.6× (3rd cheapest of 9).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is +0 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 32.6 points above its cost of capital (7.5% WACC).
Next results Next results expected around 4 May 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥12.3B | CN¥12.7B | CN¥12.0B | CN¥11.7B | CN¥9.25B |
| Revenue growth | — | +6% | +3% | +26% | — |
| Gross profit | CN¥10.6B | CN¥8.88B | CN¥7.82B | CN¥7.50B | CN¥5.38B |
| EBITDA | n/a | CN¥8.42B | CN¥8.00B | CN¥8.01B | CN¥5.68B |
| Net income | CN¥3.18B | CN¥2.95B | CN¥5.16B | CN¥4.83B | CN¥2.79B |
| Free cash flow | CN¥7.34B | CN¥7.12B | CN¥6.44B | CN¥7.54B | CN¥6.79B |
| Capital expenditure | CN¥667M | CN¥157M | CN¥318M | CN¥273M | CN¥95.2M |
| Total debt | CN¥2.85B | CN¥2.81B | CN¥2.97B | CN¥3.24B | CN¥2.81B |
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 | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Focus Media Information Technology 002027.SZ | $12.0B | -12% | -2% | 30% | 14.4× | 1.2% |
| Clear Channel Outdoor CCO | n/a | +2% | n/a | n/a | n/a | n/a |
| OUTFRONT Media OUT | $5.42B | -9% | +8% | 20% | 22.2× | n/a |
| JCDecaux DEC.PA | $6.40B | +42% | +1% | 12% | 18.6× | 6.6% |
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 | 002027.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +17.1% | -4.1% | highest of 9 |
| 6-month return | -11.8% | -6.3% | 5th highest of 9 |
| Distance from 52-week high | -33.3% | -25.6% | 2nd lowest of 9 |
| Revenue growth (TTM) | -1.7% | +9.4% | lowest of 9 |
| Operating margin | 29.8% | 14.4% | highest of 9 |
| Forward P/E | 14.4× | 19.6× | 3rd cheapest of 9 |
| Growth the price implies (Req g, 7 yrs) | 1.2% | 10.5% | 2nd least demanding of 9 |
| Growth delivered (Del g) | +1.1% | +9.1% | lowest of 9 |
| Hurdle (Req g minus delivered) | +0.2 pp | +3.2 pp | 3rd least demanding of 9 |
| ROIC minus cost of capital | +32.6 pp | +4.0 pp | highest of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Focus Media Information Technology 002027.SZ | China | $12.0B | -12% | -2% | 30% | 14.4× | 1.2% | +1.1% |
| Advanced Drainage Systems WMS | United States | $9.37B | -13% | +10% | 22% | 20.1× | 10.8% | +9.0% |
| Armstrong World Industries AWI | United States | $7.16B | +6% | +9% | 19% | 18.6× | 16.2% | +11.6% |
| Ansell ANN.AX | Australia | $4.42B | +79% | +2% | 15% | 19.2× | 10.3% | +3.0% |
| Supreme Industries SUPREMEIND.NS | India | $4.24B | -14% | +17% | 10% | 33.6× | 25.8% | +12.1% |
| Brady BRC | United States | $3.69B | 0% | +10% | 16% | 12.0× | 1.0% | +7.7% |
| Astral ASTRAL.NS | India | $3.57B | -20% | +17% | 12% | 46.8× | 32.5% | +15.6% |
| Kurita Water Industries 6370.T | Japan | $3.47B | -39% | +1% | 14% | 11.3× | 5.6% | +8.5% |
| TOMRA Systems TOM.OL | Norway | $3.17B | +6% | +7% | 11% | 31.8× | 9.5% | +9.2% |