The stock price of CJ CGV is on the rise. Expectations for improved financial structure and a V-shaped recovery in earnings appear to be influencing the stock price.
As of 9:49 AM on the 4th, CJ CGV is trading at 5,810 KRW, up 3.01% from the previous day.
Kim Hoe-jae, a researcher at Daishin Securities, stated, "The debt ratio, which was 1100% at the end of last year, is expected to improve to around 390% due to the in-kind contribution of CJ OliveNetworks. Lease assets and liabilities, which have had a significant impact on the financial structure, are also rapidly decreasing, and a net profit is forecasted for 2025."
Researcher Kim added, "As more hit movies are released and costs are streamlined, a sharp improvement in profits is expected. The domestic market, which had been slower to improve compared to other countries, is also rapidly improving, and with the release of new works and series-focused films in the second half of the year, the pace of performance improvement will accelerate."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
![[Featured Stock] CJ CGV Rises 3% on Financial Structure Improvement and V-Curve Earnings Outlook](https://cphoto.asiae.co.kr/listimglink/1/2023062016260270125_1687245971.jpg)

