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IMAX China Holding Inc (HK:1970)
:1970

IMAX China Holding (1970) AI Stock Analysis

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HK

IMAX China Holding

(OTC:1970)

58Neutral
IMAX China Holding has a strong financial foundation with stable profitability and efficient cash management, despite declining revenues. However, technical indicators suggest bearish momentum, and valuation metrics are only moderately appealing due to a lack of dividends. The overall score reflects a cautious stance, highlighting solid financials but weak market sentiment.

IMAX China Holding (1970) vs. S&P 500 (SPY)

IMAX China Holding Business Overview & Revenue Model

Company DescriptionIMAX China Holding, Inc. is a leading player in the entertainment technology sector, primarily focusing on the Chinese market. As a subsidiary of IMAX Corporation, the company specializes in immersive cinematic experiences, providing advanced projection systems, proprietary software, and specialized theater design. IMAX China operates in both the technology and entertainment industries, enhancing the film-viewing experience with its state-of-the-art IMAX theaters.
How the Company Makes MoneyIMAX China makes money through several revenue streams, primarily from the sale and lease of its advanced projection systems and theater installations to cinema operators. The company also generates significant income from recurring revenue through ongoing maintenance and service agreements with theater owners. Additionally, IMAX China earns from box office revenue sharing and licensing fees from movie studios for converting and displaying films in the IMAX format. Strategic partnerships with major cinema chains and film studios in China further bolster its earnings, as these collaborations often lead to increased adoption of IMAX technology and content.

IMAX China Holding Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
81.00M86.98M73.33M112.80M52.33M
Gross Profit
44.02M54.53M39.70M68.19M19.35M
EBIT
27.52M32.23M14.41M49.30M2.40M
EBITDA
48.38M53.84M31.94M64.67M8.73M
Net Income Common Stockholders
22.22M27.50M10.76M38.22M-26.74M
Balance SheetCash, Cash Equivalents and Short-Term Investments
80.05M63.04M74.97M97.74M88.47M
Total Assets
333.57M318.28M326.40M349.76M334.79M
Total Debt
1.45M1.75M13.91M4.16M7.64M
Net Debt
-78.60M-60.97M-61.06M-93.57M-80.83M
Total Liabilities
59.47M63.91M93.33M95.88M103.19M
Stockholders Equity
274.10M254.37M233.07M253.88M231.61M
Cash FlowFree Cash Flow
20.06M8.42M1.07M22.55M4.50M
Operating Cash Flow
30.82M12.54M1.16M30.14M9.23M
Investing Cash Flow
-10.74M-3.79M-13.74M10.19M-4.72M
Financing Cash Flow
-2.10M-19.68M-5.84M-33.37M-9.41M

IMAX China Holding Technical Analysis

Technical Analysis Sentiment
Negative
Last Price6.47
Price Trends
50DMA
7.65
Negative
100DMA
7.66
Negative
200DMA
7.88
Negative
Market Momentum
MACD
-0.34
Negative
RSI
39.82
Neutral
STOCH
79.40
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1970, the sentiment is Negative. The current price of 6.47 is below the 20-day moving average (MA) of 6.51, below the 50-day MA of 7.65, and below the 200-day MA of 7.88, indicating a bearish trend. The MACD of -0.34 indicates Negative momentum. The RSI at 39.82 is Neutral, neither overbought nor oversold. The STOCH value of 79.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1970.

IMAX China Holding Peers Comparison

Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
59
Neutral
$13.76B7.65-2.18%3.85%2.32%-36.56%
58
Neutral
$2.20B12.688.41%-7.18%-19.63%
58
Neutral
HK$15.24B79.691.34%24.36%-18.99%
50
Neutral
$11.38B30.410.79%1.54%
41
Neutral
HK$97.99M-12.77%-8.19%-498.76%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1970
IMAX China Holding
6.47
-0.80
-11.00%
HK:1060
Alibaba Pictures Group Limited
0.51
0.03
6.25%
HK:1313
China Resources Cement Holdings
1.63
0.28
21.19%
HK:1132
Orange Sky Golden Harvest Entertainment (Holdings) Limited
0.04
-0.01
-20.00%

IMAX China Holding Corporate Events

IMAX China Highlights Financial Disclosure by Controlling Shareholder
Apr 23, 2025

IMAX China Holding, Inc. announced that its controlling shareholder, IMAX Corporation, released its first quarter 2025 financial results and quarterly report. The financial information, prepared according to U.S. Generally Accepted Accounting Principles, is not directly comparable to IMAX China’s financial results reported under International Financial Reporting Standards. This announcement ensures that all shareholders and potential investors have equal access to the company’s financial information, providing transparency and maintaining compliance with disclosure obligations.

IMAX China Announces Key Board Restructuring
Apr 23, 2025

IMAX China Holding, Inc. has announced significant changes in its board of directors, effective April 23, 2025. Jim Athanasopoulos has resigned as an executive director and authorized representative to focus on his role at IMAX Corporation, while Daniel Wade Manwaring has been appointed as the new authorized representative. Additionally, Jiande Chen has been redesignated from an executive director to a non-executive director, and Natasha Fernandes has been appointed as a non-executive director. These changes reflect a strategic realignment within the company’s leadership, potentially impacting its strategic direction and stakeholder relations.

IMAX China Announces New Board of Directors
Apr 23, 2025

IMAX China Holding, Inc. has announced a new composition of its board of directors, effective April 23, 2025, with Richard Gelfond as Chairman and Daniel Manwaring as Executive Director. This restructuring of the board, which includes a mix of executive, non-executive, and independent directors, is likely to influence the company’s strategic direction and governance, potentially impacting its market positioning and stakeholder relations.

IMAX China Reports 2024 Annual Financial Results Amidst Revenue Decline
Feb 20, 2025

IMAX China Holding, Inc. has announced its consolidated annual results for the year ending December 31, 2024, reporting a decrease in revenues from the previous year, with a total comprehensive income of $20.3 million attributable to the owners of the company. Despite the decrease in revenue, the company managed to maintain a strong operating profit, highlighting efficient cost management and a decrease in selling, general, and administrative expenses. This announcement follows the release of financial results and an annual report by its controlling shareholder, IMAX Corporation, which may influence stakeholders’ perceptions of IMAX China’s financial health and future prospects in the entertainment market.

IMAX China Expands Film Offerings with New Re-release Agreements
Feb 19, 2025

IMAX China Holding, Inc. announced that its subsidiaries, IMAX Shanghai Multimedia and IMAX Hong Kong, have entered into re-release service agreements with IMAX Corporation. These agreements, effective from January 2025 and lasting three years, involve IMAX Corporation providing conversion and post-production services for the re-release of films to IMAX theaters in Greater China. This move aims to enhance the company’s offerings in the region, reinforcing its market position and potentially increasing stakeholder value through expanded film availability.

IMAX China Board to Review 2024 Financial Results
Feb 7, 2025

IMAX China Holding, Inc. has announced that its board of directors will convene on February 19, 2025, to review and approve the final financial results for the year ended December 31, 2024. The meeting will also consider the possibility of recommending a final dividend and address any other pertinent business matters, which could have implications for the company’s financial strategy and shareholder returns.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.