Regional cable-TV network operator holding the state broadcasting license for Jiangsu province.
Regional cable-TV network operator holding the state broadcasting license for Jiangsu province.
Collects monthly fees from households for cable TV packages, with broadband and network services for businesses and government as the other income. The subscriber base is shrinking as viewers move to internet video, so the company leans on broadband upsell and operating discipline.
In one line: A Chinese regional cable-TV monopoly operator.
Moat: narrow (regulatory licence). State-granted regional cable monopoly, though the underlying business is in structural decline.
Headquarters: Nanjing, China · Employees: 16,391
Size Jiangsu Broadcasting Cable Information Network (600959.SS) is a China Communication Services company (Cable/Satellite TV) with a market value of $2.42B, the 1061st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.23 on 6 Nov 2026.
Performance Over six months the shares fell 16.8%, against -11.9% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 13 in its peer set.
Growth Revenue fell 8.0% over the last twelve months (peer median -1.9%); the operating margin is -7.5% (peer median 2.9%).
Valuation It trades at 2.2× enterprise value to sales against a peer median of 2.4× (5th cheapest of 12).
Capital Return on invested capital runs 7.3 points below its cost of capital (5.6% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥7.50B | CN¥7.98B | CN¥7.97B | CN¥7.59B | CN¥7.50B |
| Revenue growth | — | 0% | +5% | +1% | — |
| Gross profit | CN¥1.27B | CN¥1.61B | CN¥1.79B | CN¥1.69B | CN¥1.93B |
| EBITDA | CN¥1.23B | CN¥1.50B | CN¥1.67B | CN¥1.59B | CN¥1.79B |
| Net income | CN¥160M | CN¥258M | CN¥365M | CN¥340M | CN¥326M |
| Free cash flow | CN¥10.1M | CN¥471M | -CN¥44.0M | CN¥558M | CN¥414M |
| Capital expenditure | CN¥1.09B | CN¥1.05B | CN¥1.31B | CN¥1.99B | CN¥1.74B |
| Total debt | CN¥4.50B | CN¥4.54B | CN¥4.99B | CN¥4.65B | CN¥4.40B |
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 |
|---|---|---|---|---|---|---|
| Jiangsu Broadcasting Cable Information Network 600959.SS | $2.42B | -17% | -8% | -8% | 2.2× | n/a |
| Oriental Pearl 600637.SS | $4.07B | -19% | -7% | 3% | 3.4× | 15.5% |
| Wasu Media 000156.SZ | $2.17B | +5% | -4% | 2% | 1.0× | -6.9% |
| Guizhou Broadcasting & TV Information Network 600996.SS | $1.22B | -23% | -7% | -89% | 13.0× | 30.2% |
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 | 600959.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.5% | -0.7% | 4th highest of 13 |
| 6-month return | -16.8% | -11.9% | 5th lowest of 13 |
| Distance from 52-week high | -33.1% | -30.5% | 6th lowest of 13 |
| Revenue growth (TTM) | -8.0% | -1.9% | 2nd lowest of 13 |
| Operating margin | -7.5% | 2.9% | 4th lowest of 13 |
| EV / Sales | 2.2× | 2.4× | 5th cheapest of 12 |
| ROIC minus cost of capital | -7.3 pp | -0.0 pp | 4th lowest of 12 |
| EV / EBITDA | 13.7× | 6.8× | most expensive of 6 |
| Net debt / EBITDA | -0.2× | 3.8× | least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jiangsu Broadcasting Cable Information Network 600959.SS | China | $2.42B | -17% | -8% | -8% | 2.2× | n/a | n/a |
| Wasu Media 000156.SZ | China | $2.17B | +5% | -4% | 2% | 1.0× | -6.9% | +3.9% |
| Cyfrowy Polsat CPS.WA | Poland | $2.08B | -24% | 0% | 10% | 1.5× | 6.6% | +3.7% |
| Canal+ CAN.L | United Kingdom | $3.11B | +2% | +10% | 4% | n/a | n/a | n/a |
| Cogeco Communications CCA.TO | Canada | $1.67B | -13% | -4% | 26% | 2.4× | -8.9% | +2.2% |
| Oriental Pearl 600637.SS | China | $4.07B | -19% | -7% | 3% | 3.4× | 15.5% | -5.7% |
| Versant Media VSNT | United States | $4.59B | -18% | -4% | 18% | 1.0× | -13.9% | -5.1% |
| Guizhou Broadcasting & TV Information Network 600996.SS | China | $1.22B | -23% | -7% | -89% | 13.0× | 30.2% | -18.3% |
| Guangxi Beitou Technology 600936.SS | China | $925M | -11% | +13% | 2% | 2.4× | 15.7% | +10.6% |
| Shenzhen Topway Video Communication 002238.SZ | China | $810M | -8% | -16% | -22% | 4.7× | 16.0% | -5.8% |
| Stingray RAY.TO | Canada | $786M | +11% | +32% | 20% | 3.2× | 5.5% | +13.1% |
| Hubei Broadcasting & Television Information Network 000665.SZ | China | $698M | -15% | +1% | -48% | 5.4× | n/a | n/a |
| Viaplay VPLAY-A.ST | Sweden | $615M | +32% | +20% | 3% | 0.6× | n/a | n/a |