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lajin entertainment network (8172) Snapshot

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lajin entertainment network (8172) Details

Lajin Entertainment Network Group Limited, an investment holding company, provides artist management services in the People's Republic of China and internationally. The company operates in two segments, Artist Management and Film Production and Distribution. It also invests, produces, sells, and distributes films. The company was formerly known as China Star Cultural Media Group Limited and changed its name to Lajin Entertainment Network Group Limited in August 2015. Lajin Entertainment Network Group Limited was incorporated in 2001 and is headquartered in Admiralty, Hong Kong.

8 Employees
Last Reported Date: 03/31/15
Founded in 2001

lajin entertainment network (8172) Top Compensated Officers

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lajin entertainment network (8172) Key Developments

Lajin Entertainment Network Group Limited, Special/Extraordinary Shareholders Meeting, Jan 14, 2016

Lajin Entertainment Network Group Limited, Special/Extraordinary Shareholders Meeting, Jan 14, 2016, at 10:00 China Standard Time. Location: Unit 4203, Far East Finance Centre 16 Harcourt Road Admiralty Hong Kong Agenda: To consider the board of directors of the Company be and is hereby granted a specific mandate to allot and issue up to 228,438,228 new ordinary shares of HKD 0.01 each in the Company upon exercise of the Shang Put Option; and to consider the Directors be and is hereby authorized to exercise all the powers of the Company and take such actions or execute such documents to effect the allotment and issue of the Consideration Shares and to do such other things and to take all such action the Directors may consider necessary or desirable for the purpose of giving effect to the allotment and issue of the Consideration Shares.

Lajin Entertainment Network Group Limited Announces Appointment of Directors

Lajin Entertainment Network Group Limited announced that with effect from November 23, 2015, Mr. Chan Kam Kwan Jason has been appointed as an executive director of the company; and Mr. Luo Ning has been appointed as a non-executive director of the company. Mr. Luo Ning has been an executive director of Frontier Services Group Limited since October 2006 and was subsequently appointed the deputy chairman of Frontier on January 10, 2014. Mr. Luo is currently the Assistant President of CITIC Group Corporation. Mr. Chan Kam Kwan currently serves as the company Secretary and authorized representative of the Company. He is currently an independent non-executive director of Canvest Environmental Protection Group Company Limited.

Lajin Entertainment Network Group Limited Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Lajin Entertainment Network Group Limited reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported turnover of HKD 3,160,000 compared to HKD 1,484,000 a year ago. Loss before tax was HKD 14,138,000 compared to HKD 1,284,000 a year ago. Loss attributable to owners of the company was HKD 14,129,000 or 0.72 cent per basic and diluted share compared to HKD 1,284,000 or 0.14 cent per basic and diluted share a year ago. For the nine months period, the company reported turnover of HKD 4,440,000 compared to HKD 4,350,000 a year ago. Loss before tax was HKD 16,494,000 compared to HKD 2,762,000 a year ago. Loss attributable to owners of the company was HKD 16,485,000 or 0.84 cent per basic and diluted share compared to HKD 2,762,000 or 0.40 cent per basic and diluted share a year ago.

 

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Valuation 8172 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 255.0x
Price/Book 4.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 292.6x
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