Text | Duckweed, cover from Visual China
The exciting National Day has not changed the fundamentals of the film company: the film company is still adjusting downwards in depth.
As of now, most of the A-share studios have disclosed their first-quarter performance forecasts for the first three quarters of 2019, surrendering the net profit margin for Q3 in 2019 and January-September, and 15 commercial films for entertainment business observations. The company’s performance, the situation is still not optimistic.
In terms of Q3’s single-quarter performance, 10 film and television companies experienced a year-on-year decline in net profit, and the net profit fell more than 66%. Huanrui Century, Happiness Blue Ocean and Huayi Brothers directly incurred losses in a single quarter. And the extent of the loss is expanding; only five single-quarter net profit shows a trend of growth.
In the impact of the explosions of “Where” and “Wandering Earth”, the net profit of the media and Beijing culture has skyrocketed, with the proportions reaching 400% and 7500% respectively. This is one of the few delights. The place.
From the data of January-September 2019, the situation is slightly worse. 11 of the 15 companies have a net profit decline of more than 70% year-on-year. At the same time, Tangde Film, Contemporary Oriental, and Happy Blue Ocean The four companies of Huayi Brothers were losing money in the first three quarters. Huayi is still a large loss-making company with a loss of more than 600 million in 9 months.
The mango super media and the perfect world, which have always been stable, have seen a certain decline in the Q3 single quarter, but the overall performance in the first nine months is positive.
Huayi Q3 loses more than 250 million, Feng Xiaogang “If you know” turned into key works
NoThe Ciwen Media, which has been replaced by the controlling shareholder, is still in the adjustment period. The performance of the film and video business lines has been declining. The Q3 quarter profit was between 3 million and 6 million, which was close to 90% year-on-year. It also earned between 85 million yuan and 95 million yuan, a year-on-year decline of more than 60%.
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