Employees: 927
Size Maoyan Entertainment (1896.HK) is a Hong Kong Communication Services company (Movies/Entertainment) with a market value of $547M, the 736th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$3.65 on 6 Nov 2026.
Performance Over six months the shares fell 38.2%, against +0.3% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue fell 6.9% over the last twelve months (peer median +4.3%); the operating margin is 8.6% (peer median 9.1%).
Valuation It trades at 12.0× forward earnings against a peer median of 15.4× (3rd cheapest of 11).
Capital Return on invested capital runs 5.9 points below its cost of capital (10.8% WACC).
Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$4.40B | HK$5.02B | HK$4.43B | HK$5.26B | HK$2.70B |
| Revenue growth | — | +13% | -16% | +95% | — |
| Gross profit | HK$1.81B | HK$2.16B | HK$1.75B | HK$2.63B | HK$1.18B |
| EBITDA | HK$505M | HK$886M | HK$347M | HK$1.30B | HK$329M |
| Net income | HK$390M | HK$611M | HK$197M | HK$1.01B | HK$122M |
| Free cash flow | HK$1.79B | HK$1.44B | -HK$825M | HK$1.65B | HK$112M |
| Capital expenditure | HK$14.0M | HK$6.23M | HK$15.6M | HK$27.2M | HK$14.3M |
| Total debt | n/a | HK$117M | HK$512M | HK$303M | HK$415M |
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.
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 | 1896.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.4% | +3.4% | 8th lowest of 21 |
| 6-month return | -38.2% | +0.3% | 2nd lowest of 21 |
| Distance from 52-week high | -55.3% | -24.7% | 3rd lowest of 21 |
| Revenue growth (TTM) | -6.9% | +4.3% | 7th lowest of 21 |
| Operating margin | 8.6% | 9.1% | 9th lowest of 21 |
| Forward P/E | 12.0× | 15.4× | 3rd cheapest of 11 |
| ROIC minus cost of capital | -5.9 pp | -1.0 pp | 5th lowest of 20 |
| EV / EBITDA | 0.6× | 8.0× | cheapest of 16 |
| Net debt / EBITDA | -7.9× | 1.1× | least indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Maoyan Entertainment 1896.HK | Hong Kong | $547M | -38% | -7% | 9% | 12.0× | n/a | n/a |
| Tivoli A/S TIV.CO | Denmark | $536M | -3% | +6% | 10% | n/a | 8.8% | +23.0% |
| Lucky Strike Entertainment LUCK | United States | $518M | -54% | +4% | 13% | n/a | n/a | n/a |
| YG Entertainment 122870.KS | South Korea | $578M | -22% | +60% | 11% | 17.2× | -5.7% | +16.4% |
| Viva Goods 0933.HK | Hong Kong | $578M | -23% | +4% | 4% | 9.1× | 2.5% | +65.8% |
| Zhejiang Huazhi Digital Media 300426.SZ | China | $578M | +30% | -71% | 27% | n/a | 33.6% | -10.6% |
| Studio Dragon 253450.KS | South Korea | $515M | -33% | +24% | 9% | 19.9× | n/a | n/a |
| Guangzhou Jinyi Media 002905.SZ | China | $515M | -11% | -15% | -14% | n/a | 8.1% | +14.3% |
| Rank RNK.L | United Kingdom | $583M | -3% | +5% | 9% | 10.3× | 5.8% | +20.4% |
| Ciwen Media 002343.SZ | China | $610M | +38% | -55% | -35% | 39.0× | 32.0% | -9.9% |
| CJ CGV 079160.KS | South Korea | $629M | +5% | +12% | 5% | n/a | 8.2% | +31.3% |
| Angel Studios ANGX | United States | $633M | +1% | +233% | -30% | n/a | n/a | n/a |
| COVER 5253.T | Japan | $633M | +11% | +4% | 14% | 13.6× | 11.4% | +53.8% |
| Cineplex CGX.TO | Canada | $641M | +26% | -2% | 9% | 33.9× | 3.2% | +25.2% |
| Huayi Brothers Media 300027.SZ | China | $648M | -14% | -24% | -125% | 20.0× | n/a | n/a |
| Hollywood Bowl BOWL.L | United Kingdom | $658M | +17% | +9% | 24% | 13.2× | -4.4% | +25.8% |
| TWC Enterprises TWC.TO | Canada | $447M | +4% | -3% | 19% | n/a | -6.0% | +12.0% |
| Blue Ant Media BAMI.TO | Canada | $429M | -1% | +5% | 10% | n/a | 12.7% | -2.1% |
| Wuhan MC Culture & Sports 600136.SS | China | $425M | -22% | -39% | -4% | n/a | 51.0% | -6.4% |
| Starz Entertainment STRZ | United States | $425M | +25% | -8% | -5% | n/a | n/a | n/a |
| Winvia Entertainment WVIA.L | United Kingdom | $417M | +31% | +100% | 10% | 13.7× | 7.6% | +99.9% |