17.11.2022 artnet AG  DE000A1K0375

EQS-News: artnet AG: Artnet and the China Association of Auctioneers (CAA) Publish the Global Chinese Art Auction Market Report 2021


 

EQS-News: artnet AG / Key word(s): Alliance/Market Report
artnet AG: Artnet and the China Association of Auctioneers (CAA) Publish the Global Chinese Art Auction Market Report 2021

17.11.2022 / 21:26 CET/CEST
The issuer is solely responsible for the content of this announcement.


Artnet and the China Association of Auctioneers (CAA) Publish the Global Chinese Art Auction Market Report 2021

New York, November 17, 2022—Artnet, in collaboration with the China Association of Auctioneers (CAA), released the tenth edition of the Global Chinese Art Auction Market Report on November 14,  2022. The report analyzes the 2021 Chinese art auction market, providing transparency to a historically opaque section of the industry. 

In 2021, as the global art auction market gradually recovered and adjusted from the pandemic, the market for Chinese art and antiques also rebounded, generating $7.4 billion in sales globally, an increase of 30% year over year. At its peak, total auction sales of Chinese art and antiques accounted for 50% of the global art auction sales. However, influenced by the slowdown of China's economic growth and the shifting geopolitical landscape, this market share has declined to 31% in 2021.

Additional key findings in the report include:

  • Mainland China's sales reached $5.9 billion, a 36% increase year over year, which also impressively accounted for 79% of the global total sales value in this market. Overseas sales of Chinese art and antiques also achieved a 13% increase in 2021, reaching a total of $1.5 billion in sales.
  • For the first time since 2010, Chinese Antiques and Artworks has the highest share of lots with 31%, slightly out-selling Fine Chinese Paintings and Calligraphy. Overseas, the market for the category saw an overall total sales value growth of 41%, representing the main driving force behind the increase in sales value of Chinese art sales overseas.
  • In 2021, the total number of auction houses in mainland China reached 680, the highest ever. However, due to the repeated impact of Covid-19 as well as the macroeconomic downturn, only 202 active auction houses remained, 42% of which are based in Beijing, the center of China’s auction scene. Overseas, active houses that offered Chinese Art and Antiques auctions also dropped from 372 to 355.

Click through to download the Artnet x CAA Global Chinese Art Auction Report.

 About CAA

Established in 1995, the China Association of Auctioneers (CAA) is the only national association of the auction industry in China. The CAA is involved in regulating and supervising registered auction houses according to the laws outlined in the Auction Law of the People’s Republic of China.

About Artnet

Artnet has an unparalleled 55 million users annually, making it the largest global platform for fine art. Founded in 1989, Artnet has revolutionized the way people discover, research, and collect art today. Artnet’s Data provides  mission-critical resources for the art industry, encompassing more than 15 million auction results and AI- and ML-driven analytics, further driving transparency and insight into the art market. Artnet’s marketplace connects leading galleries and auction houses with its global audience, offering a curated selection of over 250,000 artworks for sale worldwide. Artnet Auctions, the pioneering online-only auction platform, offers unprecedented reach, liquidity, and efficiency for buyers and sellers. Artnet News covers the events, trends, and people shaping the global art market with up-to-the-minute analysis and expert commentary. It is the single most-read news publication in the fine art industry, with a rapidly growing, dedicated audience. Together, Artnet’s broad synergistic product offering provides a comprehensive ecosystem that drives and informs the modern art market.

Artnet AG is listed in the Prime Standard of the Frankfurt Stock Exchange, the segment with the highest transparency standards. The majority of operations are headquartered in New York at its  wholly-owned subsidiary, Artnet Worldwide Corporation, a New York based entity founded in 1989. Artnet Worldwide Corp. owns a London based subsidiary, Artnet UK Ltd.

Further Investor-relations related news and publications can be found here: http://www.artnet.com/investor-relations/

ISIN: DE000A1K0375

LEI: 391200SHGPEDTRIC0X31

Contact:

Sophie Neuendorf

[email protected]

 

 



17.11.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: artnet AG
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EQS News ID: 1490925

 
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1490925  17.11.2022 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 18,43 18,32 19,54 18,94 20,89 25,03 23,60
EBITDA1,2 0,77 1,26 1,52 1,55 0,63 -0,14 0,90
EBITDA-Marge3 4,18 6,88 7,78 8,18 3,02 -0,56
EBIT1,4 0,36 0,77 0,18 0,19 -0,75 -1,63 -0,65
EBIT-Marge5 1,95 4,20 0,92 1,00 -3,59 -6,51 -2,75
Jahresüberschuss1 0,70 1,04 -0,01 1,92 -0,80 0,12 -1,50
Netto-Marge6 3,80 5,68 -0,05 10,14 -3,83 0,48 -6,36
Cashflow1,7 1,01 1,11 1,63 2,71 0,56 2,66 0,00
Ergebnis je Aktie8 0,12 0,19 0,00 0,35 -0,09 0,02 -0,26
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: RSM Ebner Stolz

INVESTOR-INFORMATIONEN
©boersengefluester.de
Artnet
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1K037 5,800 Kaufen 33,10
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
20,00 21,46 0,93 148,72
KBV KCV KUV EV/EBITDA
7,68 12,43 1,32 -240,99
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 30.08.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.05.2023 15.08.2023 16.11.2023 12.05.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-17,20% -22,93% -21,62% -26,77%
    
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