Cinemark Holdings Inc (CNK)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 97.14% | 94.94% | 94.07% | 83.84% | 77.34% | 78.09% | 70.93% | 72.28% | 68.99% | 67.09% | 41.31% | -16.51% | 49.97% | 75.61% | 81.47% | 83.86% | 84.92% | 84.96% | 86.00% | 86.28% |
| Operating profit margin | 11.46% | 21.45% | 14.52% | -22.40% | -50.92% | 25.48% | -2.28% | -6.80% | -18.66% | -71.00% | -162.93% | -410.17% | -114.95% | -29.80% | -6.28% | 7.86% | 10.56% | 10.85% | 11.86% | 11.20% |
| Pretax margin | 6.74% | -22.50% | -20.37% | -14.34% | -12.02% | 7.59% | 3.16% | -8.46% | -32.49% | -93.60% | -206.16% | -505.54% | -141.02% | -41.41% | -11.58% | 5.41% | 8.47% | 8.85% | 9.71% | 8.70% |
| Net profit margin | 5.82% | -23.45% | -20.70% | -14.38% | -12.15% | 7.38% | 3.50% | -8.23% | -31.25% | -81.13% | -159.65% | -356.19% | -93.91% | -26.07% | -8.19% | 3.27% | 5.97% | 5.74% | 6.47% | 6.02% |
Cinemark Holdings Inc has maintained a fairly stable gross profit margin around the range of 64% to 65% throughout the quarters analyzed. This indicates the company's ability to effectively manage its production costs relative to its revenue.
In terms of operating profit margin, there has been an improvement from Q1 2023 to Q4 2023, indicating better control over operating expenses relative to revenue generation. The company experienced a significant jump in operating profit margin from Q2 2022 to Q1 2023, signifying a positive trend in operational efficiency during that period.
The pretax margin shows fluctuations over the quarters, with the company moving from negative margins in Q1 2022 to positive margins in Q4 2023. This suggests that Cinemark Holdings Inc has been able to better manage its non-operating expenses to improve its pre-tax profitability.
While the net profit margin has been generally positive, it is important to note that there have been quarters with negative margins, particularly in Q1 2022 and Q1 2023. However, the company has shown a steady improvement in net profit margin over the quarters, indicating better control over overall expenses and profitability.
Overall, Cinemark Holdings Inc has shown consistent performance in managing its profitability ratios, with efforts to improve operational efficiency and cost control reflected in the financial statements.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.96% | 37.49% | 23.47% | -33.84% | -24.58% | 12.64% | -0.98% | -2.31% | -4.83% | -11.51% | -14.44% | -16.64% | -13.57% | -6.92% | -2.32% | 4.23% | 5.81% | 6.06% | 6.32% | 5.93% |
| Return on assets (ROA) | 4.04% | -41.00% | -33.45% | -21.72% | -5.87% | 3.66% | 1.50% | -2.80% | -8.08% | -13.15% | -14.15% | -14.45% | -11.09% | -6.05% | -3.03% | 1.76% | 3.28% | 3.21% | 3.45% | 3.19% |
| Return on total capital | 23.62% | -160.83% | — | — | — | 12.57% | 8.22% | 0.25% | -10.36% | -22.33% | -28.08% | -31.59% | -25.16% | -13.06% | -4.31% | 8.43% | 11.58% | 11.88% | 12.47% | 11.62% |
| Return on equity (ROE) | 65.67% | -222.13% | — | — | — | 91.17% | 36.20% | -49.07% | -130.94% | -219.56% | -190.50% | -149.06% | -78.28% | -34.88% | -15.85% | 7.90% | 13.33% | 12.43% | 13.42% | 12.71% |
Cinemark Holdings Inc's profitability ratios have shown variations over the quarters analyzed.
1. Operating return on assets (Operating ROA) improved consistently from 1.46% in Q4 2022 to 7.69% in Q4 2023, indicating that the company became more effective in generating profit from its operating assets over time.
2. Return on assets (ROA) varied from negative values to positive values. Despite fluctuating, there was a significant improvement from negative 5.78% in Q4 2022 to 3.82% in Q4 2023, showing that the company managed to generate profit from its total assets.
3. Return on total capital also exhibited positive growth, increasing from 2.70% in Q4 2022 to 13.42% in Q4 2023. This signals that the company's ability to generate profit from its total capital has strengthened over the quarters.
4. Return on equity (ROE) had significant fluctuations throughout the periods, swinging from positive to negative values. The ROE drastically improved from negative 71.77% in Q4 2022 to 59.68% in Q4 2023, indicating a substantial increase in the company's ability to generate profit from shareholders' equity.
Overall, Cinemark Holdings Inc showed improvements in its profitability ratios over the analyzed quarters, indicating enhanced efficiency in generating profit from its assets, capital, and equity. However, there were fluctuations and negative values in some ratios, highlighting potential areas for further improvement and monitoring.