EdgeScore

CNK · NYSE

Cinemark Holdings, Inc.: financial statements

Financially weak · see the checkFigures in USD, fiscal years

Revenue and net income

Revenue 2016: $2.9BNet income 2016: $255M2016Revenue 2017: $3.0BNet income 2017: $264M2017Revenue 2018: $3.2BNet income 2018: $214M2018Revenue 2019: $3.3BNet income 2019: $191M2019Revenue 2020: $686MNet income 2020: -$617M2020Revenue 2021: $1.5BNet income 2021: -$423M2021
RevenueNet income

Operating and free cash flow

Operating cash flow 2016: $463MFree cash flow 2016: $136M2016Operating cash flow 2017: $529MFree cash flow 2017: $148M2017Operating cash flow 2018: $557MFree cash flow 2018: $211M2018Operating cash flow 2019: $562MFree cash flow 2019: $258M2019Operating cash flow 2020: -$330MFree cash flow 2020: -$414M2020Operating cash flow 2021: $166MFree cash flow 2021: $70.7M2021
Operating cash flowFree cash flow

Margins

Operating 2016: 14.5%Operating 2017: 13.1%Operating 2018: 12.1%Operating 2019: 10.3%Operating 2020: -110.0%Operating 2021: -16.7%Net 2016: 8.7%Net 2017: 8.8%Net 2018: 6.6%Net 2019: 5.8%Net 2020: -89.9%Net 2021: -28.0%201620172018201920202021
GrossOperatingNet

Returns

ROE 2016: 20.2%ROE 2017: 19.0%ROE 2018: 15.3%ROE 2019: 13.3%ROE 2020: -78.3%ROE 2021: -130.9%ROIC 2016: 11.9%ROIC 2017: 11.6%ROIC 2018: 9.8%ROIC 2019: 8.7%ROIC 2020: -18.6%ROIC 2021: -10.2%ROA 2016: 5.9%ROA 2017: 5.9%ROA 2018: 4.8%ROA 2019: 3.3%ROA 2020: -11.1%ROA 2021: -8.1%201620172018201920202021
ROEROICROA

Income statement

USD201620172018201920202021Last year
Revenue$2.9B$3.0B$3.2B$3.3B$686M$1.5B+120%
Operating income$423M$392M$388M$338M-$755M-$252M+67%
EBITDA$632M$630M$650M$600M-$495M$12.9M+103%
Interest expense$108M$106M$110M$99.9M$130M-$150M-215%
Profit before tax$361M$345M$311M$274M-$927M-$439M+53%
Income tax$104M$79.4M$95.4M$79.9M-$309M-$16.8M+95%
Net income$255M$264M$214M$191M-$617M-$423M+31%

Cash flow

USD201620172018201920202021Last year
Operating cash flow$463M$529M$557M$562M-$330M$166M+150%
Capital expenditure$327M$381M$346M$304M$83.9M$95.5M+14%
Free cash flow$136M$148M$211M$258M-$414M$70.7M+117%
Depreciation & amortization$209M$238M$261M$261M$260M$265M+2%

Balance sheet

USD201620172018201920202021Last year
Cash$561M$523M$426M$488M$655M$707M+8%
Inventory$17.0M$17.5M$19.3M$21.7M$12.6M$15.5M+23%
Current assets$676M$658M$559M$635M$893M$874M-2%
Total assets$4.3B$4.5B$4.5B$5.8B$5.6B$5.2B-6%
Current liabilities$443M$469M$475M$709M$606M$769M+27%
Financial debt$1.8B$1.8B$1.8B$1.8B$2.5B$2.5B-1%
Total liabilities$3.0B$3.1B$3.1B$4.4B$4.8B$4.9B+3%
Shareholders' equity$1.3B$1.4B$1.4B$1.4B$788M$323M-59%
Net debt$1.3B$1.3B$1.4B$1.3B$1.9B$1.8B-4%

Dividend profile

The latest annual report shows no dividend to shareholders.

Dividends

USD201620172018201920202021Last year
Dividends paid$125M$135M$149M$159M$42.3M$0-100%
Dividend per share1.081.161.281.360.360.00
Dividends / net income49.2%51.1%69.9%83.2%——
Dividends / free cash flow92.3%91.2%70.9%61.6%—0.0%

Ratios

201620172018201920202021Last year
Operating margin14.5%13.1%12.1%10.3%-110.0%-16.7%
Net margin8.7%8.8%6.6%5.8%-89.9%-28.0%
Return on equity20.2%19.0%15.3%13.3%-78.3%-130.9%
Return on assets5.9%5.9%4.8%3.3%-11.1%-8.1%
Return on invested capital11.9%11.6%9.8%8.7%-18.6%-10.2%
Debt / equity1.441.301.301.253.217.74
Net debt / EBITDA2.0x2.1x2.1x2.2x—138.7x
Interest coverage3.9x3.7x3.5x3.4x-5.8x-1.7x
Current ratio1.531.401.180.901.471.14
Quick ratio1.491.361.140.871.451.12

Data source: SEC EDGAR, company annual reports. Lines a company does not report are left empty. Free cash flow is operating cash flow minus capital expenditure. Ratios use the same formulas as the EdgeScore check.

For information and education only. Not investment advice. Data may contain errors.