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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 2020 HKDUSD
Revenue9,580.27M1,235.20M
Gross Profit4,687.60M604.38M
Operating income939.66M121.15M
Income before tax-5,105.44M-658.25M
Net income-5,038.49M-649.62M
EBITDA1,278.92M164.89M
Diluted EPS-5.04-0.65
Dividends Per Share00
Total Assets25,272.82M3,259.39M
Total liabilities7,371.42M950.67M
Total equity17,895.46M2,307.94M
Operating cash flow1,409.25M181.69M
Currency in HKDCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 2,987.48M 4,721.96M 5,967.57M 9,465.67M 9,580.27M
Gross Profit 1,141.34M 2,317.62M 2,968.80M 4,118.68M 4,687.60M
Operating income -117.53M 461.29M 681.32M 786.12M 939.66M
Income before tax 11.88M 668.09M 1,144.72M 1,158.05M -5,105.44M
Net income 42.86M 641.26M 1,078.60M 1,242.71M -5,038.49M
EBITDA 124.32M 664.55M 875.63M 1,079.22M 1,278.92M
Diluted EPS -0.07 0.83 1.18 1.23 -5.04
Dividends Per Share -- 0 0 0 0
Total Assets 7,956.42M 18,171.58M 31,741.39M 29,363.13M 25,272.82M
Total liabilities 2,145.85M 2,970.69M 10,741.66M 7,650.28M 7,371.42M
Total equity 5,763.65M 15,151.05M 20,986.53M 21,696.91M 17,895.46M
Operating cash flow 220.65M 1,173.61M 1,273.65M 1,011.00M 1,409.25M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 384.86M 605.93M 761.40M 1,208.09M 1,235.20M
Gross Profit 147.03M 297.40M 378.79M 525.66M 604.38M
Operating income -15.14M 59.19M 86.93M 100.33M 121.15M
Income before tax 1.53M 85.73M 146.05M 147.80M -658.25M
Net income 5.52M 82.28M 137.62M 158.60M -649.62M
EBITDA 16.01M 85.27M 111.72M 137.74M 164.89M
Diluted EPS -0.00 0.10 0.15 0.15 -0.65
Dividends Per Share -- 0 0 0 0
Total Assets 1,026.21M 2,324.53M 4,054.15M 3,768.46M 3,259.39M
Total liabilities 276.77M 380.01M 1,371.97M 981.83M 950.67M
Total equity 743.39M 1,938.14M 2,680.49M 2,784.58M 2,307.94M
Operating cash flow 28.42M 150.60M 162.50M 129.03M 181.69M

Valuation Measures

Dec 2020
PER--
ROA-18.44%
ROE-25.45%
Operating margin9.80%
Profit margin-52.59%

Key executives

  • Chief Executive Officer & Executive Director: Wu Cheng
  • President & Executive Director: Xiao Nan Hou
  • Joint Secretary, VP & Head-Legal Affairs: Lan Xu
  • General Manager-Investment: Jin Cheng Zhao
  • Joint Secretary: Pui Yan Cheng

Shareholders

  • Tencent Holdings Ltd. (56.5%)
  • CAO HUA YI (4.0%)
  • The Vanguard Group, Inc. (1.2%)
  • Krane Funds Advisors LLC (1.2%)
  • Seafarer Capital Partners LLC (0.8%)
  • CSOP Asset Management Ltd. (0.7%)
  • BlackRock Fund Advisors (0.6%)
  • X-Poem Ltd. (0.6%)
  • CHENG WU (0.4%)
  • LIANG XIAO DONG (0.3%)

Contact Details

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Competitors

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