Cathay Group Holdings Inc.
HHKEX:19810.66
HKD
+0.04
(+5.65%)
ISIN
KYG1965A1013
CUSIP
G1965A101
Return %
Stock
S&P 500
1Y
-48.83
14.20
3Y
-16.03
81.12
5Y
-78.87
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
CNY
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Shulin Pu
- Full Time Employees
- 2,536
- Sector
- Consumer services
- Industry
- Movies/Entertainment
- Address
- Block 12, Wanda Plaza Beijing BE China 100022
- IPO Date
- Jul 15, 2020
- Website
- cathaymedia.com
- Similar Companies
- Business
- Cathay Group Holdings Inc., formerly Cathay Media and Education Group Inc. (1981.HK), is an investment holding company primarily engaged in higher education focused on media and arts, vocational education, livestreaming e-commerce, artist management, and television and film production and investment; it operates through two main segments, including the higher education (media and arts) and vocational education segment, which provides undergraduate programs across more than 50 majors in media and art fields such as those offered by its Communication University of China, Nanjing (CUCN) with approximately 29,276 students as of December 2023 including 24,238 undergraduates, vocational self-taught examination preparation courses for adults, and international preparatory programs in cooperation with over 70 leading global media and art colleges; and the entertainment and livestreaming e-commerce segment, encompassing live e-commerce sales commissions and promotion fees primarily through vertical rooms focused on beauty and lifestyle products, artist management services including endorsements and commercial activities, and TV/film production and investment in series such as Lady’s Character, Fights Break Sphere, and Meteor with White Plume. The company, founded in 2017 and headquartered at 22/F, Tower 12, Wanda Plaza, No. 93 Jianguo Road, Chaoyang District, Beijing, China, mainly conducts its operations in the domestic Chinese market with 2,311 employees and targets students, adult learners, brands, broadcasters, and entertainment platforms. Recent developments include the official entry into livestreaming e-commerce and artist management in May 2023 via long-term exclusive cooperation agreements with top celebrity streamer Ms. Qi Wei and her spouse Mr. Li Chengxuan, joint investment in Beijing Huaxia Huyu Culture Media Co., Ltd. (70% owned by the group) achieving RMB237 million in gross merchandise value from 26 livestream sessions through December 2023, establishment of additional cooperative relationships with celebrities like Mr. Liu Wei, a proposed name change to Cathay Group Holdings Inc. and dual foreign name to 華夏集團控股有限公司 subject to shareholder approval in April 2024, ongoing impairment provisions on bridging loans related to a pending Olympic College acquisition and certain TV/film receivables amid industry challenges, and a special dividend proposal of HK$0.06 per share despite annual losses driven by non-cash impairments.