May 2026
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Largest TV Broadcasting Public Companies in China
Benchmark revenue and EBITDA valuation multiples for public comps like
Oriental Pearl Group, Enlight Media, Mango Excellent Media, Jiangsu Broadcasting and Zhejiang Huace Film & TV.
 | Oriental Pearl Group Co Ltd operates a media integration and distribution platform in China. The various business units of the company comprise Channel Products Operation, Video Shopping, and E-Commerce, Culture and Entertainment Themed Tourism, Mobile Transmissions and Video Games among others. | $2 | +58% | $6B | $4B | 4.1x | 14.2x | ||
| Beijing Enlight Media Co Ltd is a China-based company engages in the provision of multimedia video content services. Its main business is TV programs and film investment, making and distributing. TV programs including regular TV programs and acting activities broadcasted on television. Acting activities generally are broadcasted on television, belonging to the special type of TV program and drama series. | $2 | -25% | $6B | $5B | 8.7x | 16.9x | ||
| Mango Excellent Media Co Ltd is a China-based company engaged in the provision of E-commerce services through Television, Internet, Catalogs, and other multimedia channels. The company operates three main business segments. The Mango Television Internet Video Business segment delivers content such as variety shows, TV dramas, films, movies, animations, and short videos. The New Media Interactive Entertainment Content Production Business segment covers the creation and operation of dramas, variety programs, and games, alongside artist management, music copyrights, and game development. The Media Retail Business segment focuses on TV shopping, media e-commerce, and overseas-related operations. The company generates maximum revenue from the Mango Television internet video business segment. | $3 | -19% | $5B | $5B | 2.2x | 4.5x | ||
| Jiangsu Broadcasting Cable Information Network Corp Ltd is a China-based company engaged in the construction and operation of broadcasting and television networks, the development and operation of radio and television program transmission, data broadband services and digital TV value-added services. | $1 | +16% | $3B | $2B | 2.1x | 8.7x | ||
| Zhejiang Huace Film & TV Co Ltd operates as a film and television production company. It focuses on the creation of TV dramas, films, and various kinds of fine arts. | $1 | +37% | $3B | $2B | 5.4x | 30.5x | ||
| Damai Entertainment Holdings Ltd is a technology-powered entertainment company rooted in real-world experiences. While delivering premium films and performances, it harnesses technology to craft inventive experiences for the cultural and entertainment industry, offering users high-quality real-world entertainment. It stands as a full-fledged real-world entertainment platform with businesses spanning content production, marketing and distribution, live performances, IP licensing and integrated operations, as well as cinema ticketing management and data services. | $0 | -23% | $2B | $1B | 1.5x | 16.2x | ||
| Wasu Media Holding Co Ltd is a China-based company, engages in the Internet, media, and cable television industry services. It offers interactive TV, mobile TV, Internet TV and Internet audio-visual content, technical services, and operations. It also offers cable television, digital television network, digital communications, advertising, and media information services. The company operates throughout China. | $1 | -3% | $2B | $1B | 0.8x | 4.9x | ||
| Guizhou Broadcasting & TV Information Network Co Ltd provides radio and television program ratings services, digital TV value-added business development & management, data services and cable TV-related transmission services. | $1 | +16% | $2B | $3B | 14.8x | (45.1x) | ||
| Jishi Media Co Ltd operates in the broadcasting and television network industry. The company provides radio and television transmission basic services such as live channels, digital broadcasting, consulting and program guide services; digital television value-added services including paid channels, high definition broadcast channels, and interactive on-demand services. It also provides broadband two-way interactive services. | $0 | +73% | $2B | $2B | 7.8x | 30.9x | ||
| Beijing Gehua CATV Network Co Ltd is engaged in the development and maintenance of radio and television networks. It is involved in the transfer and transmission of radio and television programs, video on demand, network information service business, internet access services based on cable television networks, internet data transmission value-added services, domestic IP telephony services, and cable television advertising design, production, and distribution services. The service scope covers cities, districts, streets, communities and other levels, covering education, finance, medical care, environmental protection, transportation, commerce, safety supervision and other fields. | $1 | +7% | $2B | $444M | 1.4x | 4.9x | ||
| Hicon Network Technology (Shandong) Co Ltd exclusively operate the operating business related to Shandong IPTV integrated broadcast control. | $3 | -2% | $1B | $904M | 6.5x | 12.2x | ||
| Guangdong South New Media Co Ltd media service operator in China. It offers service related to telecommunications, radio and television and satellite transmission. | $5 | -11% | $1B | $862M | 3.6x | 7.5x | ||
| China Television Media Ltd is a China-based company engaged in the movies and televisions (TVs) businesses. The movies and TV-related businesses mainly include the development and operations of movies and TV bases, the producing and publishing of movies and TV dramas, among others. The company is also involved in the advertising businesses, as well as the movies and TV bases tourism businesses. The company is also engaged in the provision of related technology services through its subsidiaries. | $2 | -5% | $890M | $813M | 5.3x | 87.2x | ||
| Shenzhen Topway Video Communication Co Ltd is engaged in the construction, operation, and maintenance of cable TV networks which include providing cable TV viewing services, and TV value-added services. The firm offers different family packages, broadband transfers, new installations, and new account opening services. Its reportable segments are; Cable TV networks and related which generates maximum revenue, and TV shopping income segment. | $1 | -18% | $817M | $765M | 4.0x | 74.1x | ||
| Huawen Media Group operates in the media industry. Its business activities include financial media platforms, regional information media and related extension services, advertising consisting of radio advertising and building media. | $0 | +4% | $788M | $960M | 18.3x | (86.7x) | ||
| Huayi Brothers Media Corp is engaged in the media business. The company's reportable segments are film and television entertainment, TV dramas, artist brokerage and others. | $0 | -23% | $751M | $878M | 19.3x | (62.4x) | ||
| H & R Century Union Corp is engaged in the production and distribution of film and television dramas, artist brokerage management, games and film, and television derivative business. | $1 | +16% | $601M | $573M | 7.4x | (21.1x) | ||
| TVZone Media Co Ltd is a state-owned cultural enterprise absolutely controlled by Changsha Broadcasting and Television Group. The company's main business is TV, internet, and mobile internet video. It is also engaged in the production, distribution, and marketing of such content; the operation of television drama rights. | $4 | +38% | $478M | $478M | 9.5x | 77.2x | ||
| Shaanxi Broadcast & TV Network Intermediary (Group) Co Ltd is engaged in the provision of planning, construction, and operation and management of radio and television network in Shaanxi Province. The company provides digital and cable television services, high-definition interactive services, including basic channel broadcast services, channel broadcast subscription and information services, and video-on-demand services; and data services. | $1 | +50% | $461M | $1B | 8.0x | (12.9x) | ||
| Median | $1 | +4% | $2B | $1B | 5.4x | 8.7x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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