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Consumer Services

China Literature Ltd.

Business Summary

China Literature Ltd. is an investment holding company. It engages in the provision of reading services, copyright commercialization, writer cultivation and brokerage, operation of text work reading and related open platform, which are all based on text work, and the realization of these activities through technology methods and digital media including but not limited to personal computers, Internet and mobile network in the People's Republic of China. The company was founded on April 22, 2013 and is headquartered in Shanghai, China.

Financial Highlights

Dec 2019 HKDUSD
Revenue9,465.67M1,208.09M
Gross Profit4,118.68M525.66M
Operating income786.12M100.33M
Income before tax1,158.05M147.80M
Net income1,242.71M158.60M
EBITDA1,079.22M137.74M
Diluted EPS1.230.15
Dividends Per Share00
Total Assets29,363.13M3,768.46M
Total liabilities7,650.28M981.83M
Total equity21,696.91M2,784.58M
Operating cash flow1,011.00M129.03M
Currency in HKDCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 1,981.75M 2,987.48M 4,721.96M 5,967.57M 9,465.67M
Gross Profit 614.91M 1,141.34M 2,317.62M 2,968.80M 4,118.68M
Operating income -329.82M -117.53M 461.29M 681.32M 786.12M
Income before tax -398.39M 11.88M 668.09M 1,144.72M 1,158.05M
Net income -428.73M 42.86M 641.26M 1,078.60M 1,242.71M
EBITDA -41.51M 124.32M 664.55M 875.63M 1,079.22M
Diluted EPS -0.47 -0.07 0.83 1.18 1.23
Dividends Per Share -- -- 0 0 0
Total Assets 7,615.86M 7,956.42M 18,171.58M 31,741.39M 29,363.13M
Total liabilities 2,295.26M 2,145.85M 2,970.69M 10,741.66M 7,650.28M
Total equity 5,222.14M 5,763.65M 15,151.05M 20,986.53M 21,696.91M
Operating cash flow 247.24M 220.65M 1,173.61M 1,273.65M 1,011.00M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 255.62M 384.86M 605.93M 761.40M 1,208.09M
Gross Profit 79.31M 147.03M 297.40M 378.79M 525.66M
Operating income -42.54M -15.14M 59.19M 86.93M 100.33M
Income before tax -51.38M 1.53M 85.73M 146.05M 147.80M
Net income -55.30M 5.52M 82.28M 137.62M 158.60M
EBITDA -5.35M 16.01M 85.27M 111.72M 137.74M
Diluted EPS -0.06 -0.00 0.10 0.15 0.15
Dividends Per Share -- -- 0 0 0
Total Assets 982.67M 1,026.21M 2,324.53M 4,054.15M 3,768.46M
Total liabilities 296.15M 276.77M 380.01M 1,371.97M 981.83M
Total equity 673.81M 743.39M 1,938.14M 2,680.49M 2,784.58M
Operating cash flow 31.89M 28.42M 150.60M 162.50M 129.03M

Valuation Measures

Dec 2019
PER26.10
ROA4.06%
ROE5.82%
Operating margin8.30%
Profit margin13.12%

Key executives

  • Chief Executive Officer & Executive Director: Wu Cheng
  • President & Executive Director: Xiaonan Hou
  • Joint Secretary: Siu Kuen Lai
  • Joint Secretary: Jincheng Zhao

Shareholders

  • Tencent Holdings Ltd. (56.8%)
  • Shanghai Zhixin Investment Management Co. Ltd. (4.9%)
  • The Carlyle Group LP (Corporate Private Equity) (3.9%)
  • CAO HUA YI (3.3%)
  • The Vanguard Group, Inc. (0.7%)
  • WU WEN HUI /CLOUDARY/ (0.7%)
  • X-Poem Ltd. (0.6%)
  • Krane Funds Advisors LLC (0.6%)
  • BlackRock Fund Advisors (0.4%)
  • LIANG XIAO DONG (0.3%)

Contact Details

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