Focus Media Holding Limited (FMCN) news stock charts
Focus Media Holding Limited (FMCN) Investment Summary:
Our legal and commercial name is Focus Media Holding Limited. Our principal executive offices are located at 28-30/F, Zhao Feng World Trade Building, 369 Jiangsu Road, Shanghai 200050 PRC, and our telephone number is 86-21-3212-4661. Our Internet website address is www.focusmedia.cn. Our predecessor company, Shanghai Aiqi Advertisement Co., Ltd., or Aiqi Advertisement, was established by immediate family members of Jason Nanchun Jiang in September 1997 and operated as an advertising agency. In May 2003, Aiqi Advertisement discontinued its advertising agency business, was renamed Shanghai Focus Media Advertisement Co., Ltd., commenced operation of our out-of-home television advertising network in China and reorganized its shareholdings. At the same time, we entered into arrangements with Focus Media Advertisement that resulted in the consolidation of Focus Media Advertisement. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f05%2f06%2f0001145549-08-000805.html#FIS_COMPANY_INFORMATION"FOCUS MEDIA HOLDING-ADR (FMCN:NASDAQ)
Snapshot of FOCUS MEDIA HOLDING-ADR (FMCN)
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OPEN
$16.96
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PREVIOUS CLOSE
$16.96
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DAY HIGH
$17.01
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DAY LOW
$16.21
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52 WEEK HIGH
03/17/10 - $18.72
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52 WEEK LOW
03/20/09 - $5.50
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MARKET CAP
2.2B
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AVERAGE VOLUME 10 D
2.2M
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EPS TTM
$-0.18
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SHARES OUTSTANDING
130.9M
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FMCN Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
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Key developments for FOCUS MEDIA HOLDING-ADR (FMCN)
Focus Media Holding Ltd. expected to Report Q1 2010 Results on June 14, 2010. This event was calculated by Capital IQ (Created on March 16, 2010).
Focus Media Holding Ltd. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2009. For the quarter, the company reported total net revenue of $144.34 million against $156.37 million a year ago. Operating loss was $14.78 million against $788.18 million a year ago. Loss from continuing operations before income taxes was $13.40 million against $785.87 million a year ago. Net loss from continuing operations was $18.74 million or $0.14 per ADS against net loss from continuing operations of $792.94 million or $6.17 per ADS a year ago. Net loss attributable to the company was $52.49 million or $0.39 per ADS against net loss attributable to the company of $802.49 million or $6.24 per ADS a year ago. Net cash provided by operating activities was $72.26 million against $83.56 million a year ago. Purchase of equipment and other long term assets was $0.98 million against $7.10 million a year ago. Non-GAAP net income attributable to the company was $34.7 million or $0.26 per ADS compared to non-GAAP net income attributable to the company of $7.9 million or $0.06 per ADS for the third quarter of 2009 and non-GAAP net income of $50 million for the fourth quarter of 2008 or $0.39 per ADS. Non- GAAP operating profit was $40.97 million against $49.12 million a year ago. For the year, the company reported total net revenue of $505.03 million against $642.33 million a year ago. Operating loss was $154.65 million against $669.08 million a year ago. Loss from continuing operations before income taxes was $149.38 million against $661.55 million a year ago. Net loss from continuing operations was $158.72 million or $1.22 per ADS against net loss from continuing operations of $688.34 million or $5.34 per ADS a year ago. Net loss attributable to the company was $208.76 million or $1.61 per ADS against net loss attributable to the company of $770.68 million or $5.98 per ADS a year ago. Net cash provided by operating activities was $160.72 million against $168.44 million a year ago. Purchase of equipment and other long term assets was $10.65 million against $72.87 million a year ago. Non-GAAP net income attributable to the company was $89.4 million or $0.69 per ADS compared to non-GAAP net income attributable to the company of $221.9 million or $1.72 per ADS a year ago. Total net revenue decreased due to unfavorable macro-economic condition and strategic reorganization related to several lines of the companys businesses. The aggregate net revenue for the LCD display network, in-store network and poster frame network for full year 2009 was $338.1 million, declining 25% from $450.6 million for full year 2008. The aggregate net revenue for the movie theatre and outdoor traditional billboard network and Internet advertising services was $166.9 million, declining 13% from $191.7 million for full year 2008. Non- GAAP operating profit was $101.65 million against $224.12 million a year ago. For the quarter, the company reported impairment loss of $14.02 million against $596.06 million a year ago. The company provided earnings guidance for the first quarter ending March 31, 2010. Net revenues for LCD display networks, in-store networks and poster frame networks are expected to be in the range of $78 million to $80 million, the mid-point of which would represent year-on-year growth of 23%. Net revenues for the movie theatre and traditional outdoor billboard and internet advertising services are expected to be in the range of $37 million to $39 million. The companys non-GAAP net income is expected to be in the range of $20 million to $23 million.
Focus Media Holding Ltd. announced that they will report Q4, 2009 results on 03/16/2010
Focus Media Holding Limited financial resources
FMCN Competitors
| Company | Last | Change |
| AirMedia Group Inc | $6.01 USD | -0.29 |
| Clear Media Ltd | $4.28 HKD | 0.00 |
| Sina Corp/China | $39.76 USD | -0.41 |
| Tom Group Ltd | $0.79 HKD | +0.01 |
| Xinhua Sports & Entertainment Ltd | $0.60 USD | -0.0002 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | FMCN | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 8.9x |
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| Price/Book | 2.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 8.3x |
Not meaningful
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FMCN |
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FMCN transactions
| Type Date |
Target |
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Merger/Acquisition
March 17, 2010 |
Allyes Information Technology Co., Ltd. |
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Buyback
February 2, 2010 |
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Private Placement
September 23, 2009 |
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More Recent Financial News About Focus Media Holding Limited
UPDATE - Focus Media Q4 results beat analysts' view; shares rise
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Q4 2009 Focus Media Holding Ltd. Earnings Release - After Market Close
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Focus Media to Announce Fourth Quarter and Full Year 2009 Financial Results on March 16, 2010
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Focus Media to Announce Fourth Quarter and Full Year 2009 Financial Results on March 16, 2010
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Focus Media Holding Ltd. Earnings Call scheduled for Tue, Mar 16
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UPDATE - Carlyle, Fosun to launch private equity fund in China
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Focus Media Announces US$200 Million Share Repurchase Program
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Focus Media Announces US$200 Million Share Repurchase Program
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Focus Media Announces Appointment of Chief Financial Officer
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Focus Media Announces Shareholder Resolutions Adopted at 2009 Annual General Meeting
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Chinese Entrepreneurs Will Set Examples At The Shanghai World Expo
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Hedging Your Estate Planning Bets In 2010
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Focus Media Announces Appointment of Chief Financial Officer
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Sacrifice Virgin, Buy Buckle
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Focus Media Announces Shareholder Resolutions Adopted at 2009 Annual General Meeting
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