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Ke Yan
  • Ke Yan

Cathay Media (华夏视听) Pre-IPO - Volatile earnings smoothened by ...

Cathay Media, a China media company with businesses in TV/film production and not-for-profit university education, is looking to raise up to USD 200 million. The company has a track record of producing popular TV series based on the novel by the famous author, Jin Yong. We look at the company’s past financials and note that the revenue has been volatile with the majority of revenue in the track record period recorded in 2019 due to the launch of two TV series. We examine the reason behind su...

Ke Yan
  • Ke Yan

Cathay Media (华夏视听) Pre-IPO - Volatile earnings saved by priva...

Cathay Meida, a China media company with businesses in TV/film production and not-for-profit university education, is looking to raise up to USD 200 million. The company has a track record of producing popular TV series based on the novel by the famous author, Jin Yong. We look at the company’s past financials and note that the revenue has been volatile with the majority of revenue in the track record period recorded in 2019 due to the launch of two TV series. We examine the reason behind su...

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