UP!

CHRM $70

CHRM target price
70.00
0
0
Charm Communications Inc.
Type
Public
Traded as NASDAQ: CHRM
Industry Advertising
Founded 2008
Headquarters Beijing, the People’s Republic of China
Revenue $168.75 million (As of 2013)
Website www.charmgroup.com

Charm Communications Inc. (NASDAQ: CHRM) is the largest domestic television advertising company in China. It was incorporated in 2008 and is headquartered in Beijing. The company provides advertising agency services from planning and managing advertising campaigns. The company was listed as a public traded company in NASDAQ in 2010.

The company’s television advertising media resources include its exclusive arrangement with four programs on CCTV, two sateline television channels, Shanghai, China Dragon TV and Tianjin, China Sateline TV, etc. It also has an agreement with Beijing Gehua Cable Network to operate digital media advertising on its interactive high definition television (HDTV) digital cable platform. The company operates its business through three segments including Media Investment Management, Advertising Agency, and Branding and Identity Services. The targeted market is still positioned domestically with nine top clients who accounted for 18.1% ratio of the total revenue of the company in 2009. They are China Telecom, PICC, Agricultural Bank of China, China CITIC Bank, Snowbeer, Yunnan Baiyao, C-Bons, Wahaha Joint Venture Company and Midea. In 2012, the company was named as CCTV’s Top Advertising Agency for ninth consecutive year.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2010-06-17 Initiated Oppenheimer Outperform $10
2010-06-17 Initiated Oppenheimer Outperform $10

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In CHRM 0 funds of 2213 total. Show all

Fund name Ticker shares

Major Shareholders

Name Relationship Total Shares Holding stocks