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- Dadi Cinema
Dadi Cinema Valuation, Funding & Investors
Dadi Cinema is valued at $2.9B as of May 2016.
Last Dadi Cinema valuation
$2.9B
Undisclosed stage · May 2016
Last Dadi Cinema funding round
$153M
Undisclosed stage · May 2016
Cumulative funding Dadi Cinema raised
$153M
across 1 funding round
Key investors in Dadi Cinema
About Dadi Cinema
Dadi Cinema is a Guangzhou-headquartered subsidiary of Nan Hai Corp managing theaters across China since 2006. It oversees construction, operations, technology R&D, film distribution, investment, and production. As of 2017, it runs 455 theaters with 2664 screens in 29 provinces and 178 cities including OSGH venues.
Founded
2006
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Valuation
$2.9B (May 2016)
Dadi Cinema Valuation
Dadi Cinema is currently valued at $2.9B, based on its undisclosed-stage round in May 2016.
The $153M round was led by Alibaba Pictures Group.
Dadi Cinema valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| May 2016 | Undisclosed stage | $2.9B |
Dadi Cinema Funding History
Dadi Cinema has raised a total of $153M across 1 funding round.
Dadi Cinema funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2016 | Undisclosed stage | Alibaba Pictures Group (lead) | $153M | $2.9B | Guangdong Dadi Cinema Construction, one of China's leading cinema exhibitors, owned 313 cinemas with 1,662 screens as of April 2016 and had over 310 contracted cinemas set to open. In May 2016, it issued RMB1 billion ($154m-$154m) convertible bonds to Alibaba Pictures, granting Alibaba the right to convert into equity shares. The deal valued Dadi Cinema at RMB20 billion ($3.07 billion), nearly double its Hong Kong-listed parent Nan Hai Corporation. Beyond capital, the partnership included cooperation on movie promotion, marketing, e-commerce, and other film-related businesses to integrate Alibaba's internet capabilities with cinemas. In 2015, Dadi ranked second among Chinese cinema investment firms with attendance over 71.58 million and box office (including tax) of $338m (RMB2.2bn), up 47% year-on-year. For 2016, it reported box-office revenue (before tax) of RMB2,237 million, a 1.1% increase from prior year, capturing 4.9% of national box office and maintaining second-place ranking. The investment supported Dadi's 'Film+' strategy amid market consolidation. In January 2017, it acquired Orange Sky Golden Harvest Cinemas (China), boosting cinemas to 426 and screens to 2,442. Alibaba Pictures aimed to build a vertically integrated entertainment platform, extending e-commerce to cinemas for new revenue streams. |
Who has invested in Dadi Cinema?
1 investor has backed Dadi Cinema across its funding rounds, including Alibaba Pictures Group.
Lead investors include Alibaba Pictures Group.
Dadi Cinema Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Start Free TrialDadi Cinema Competitors
Dadi Cinema competitors include listed companies like Comcast, Warner Bros. Discovery and Disney, and private ones like ivi, Tata Sky and Le Sports.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $121M | - | $1B | 8.3x | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $124B | $46B | $81B | 1.4x | ||
| Publicly listed | $37B | $21B | $71B | 2.8x | ||
| Publicly listed | $94B | $19B | $182B | 2.3x | ||
| Private | - | - | $3.1B | - |
Dadi Cinema Public Comps
Dadi Cinema is still privately-owned, but its public comps include Canal+, Cyfrowy Polsat, ITV plc, Jiangsu Broadcasting, RUM Group, MFE-MediaForEurope, NetEase Cloud Music, SKY Perfect JSAT Corp, TV Asahi and FUJI Media Holdings.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $8B | $749M | 0.8x | 0.7x | 8.7x | 5.8x | |||
| $3.8B | $910M | 1.6x | 1.5x | 6.5x | 6.9x | |||
| $4.7B | $596M | 0.9x | 0.9x | 7.3x | 5.7x | |||
| $1.2B | $266M | 1.9x | - | 8.5x | - | |||
| $101M | ($78M) | 39.2x | 19.4x | (50.8x) | (70.5x) | |||
| $4.6B | $1.2B | 1.2x | 0.8x | 4.6x | 4.2x | |||
| $1.2B | $244M | 0.2x | 0.2x | 1.2x | 1.2x | |||
| $820M | $313M | 4.2x | 4.1x | 11.1x | 10.2x | |||
This data is available for Pro users. Sign up to see all Dadi Cinema competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Dadi Cinema
| When was Dadi Cinema founded? | Dadi Cinema was founded in 2006. |
| Where is Dadi Cinema headquartered? | Dadi Cinema is headquartered in Guangzhou, China. |
| Is Dadi Cinema publicly listed? | No, Dadi Cinema is a private, VC-backed company. |
| What is Dadi Cinema's valuation? | Dadi Cinema was last valued at $2.9B in its undisclosed-stage round in May 2016. |
| How much funding has Dadi Cinema raised? | Dadi Cinema has raised $153M across 1 funding round. |
| What was Dadi Cinema's last funding round? | Dadi Cinema's last funding round was a $153M undisclosed-stage round in May 2016, led by Alibaba Pictures Group. |
| Who are Dadi Cinema's investors? | Dadi Cinema's investors include Alibaba Pictures Group. |
| Which companies are comparable to Dadi Cinema? | Companies comparable to Dadi Cinema include ivi, Tata Sky, Comcast, Warner Bros. Discovery, Disney and Le Sports. |
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