This article is from the public number: Yuemu China Movie Watch (ID: yuemuchina) , author: Zhang melon, the original title of “Chinese capital Holdings of foreign TVDoes the company live well? 》 Picture from: worm creative
Where is the profit point of Chinese capital investment in overseas markets?
With the in-depth participation of Chinese capital in overseas monoliths in the past two years, and the positive feedback on investment returns, we ca n’t help but look back at the earlier development of China ’s first large-scale overseas capital, the current development .
It can be found that the U.S. AMC theaters invested by Wanda and Legendary Films have a long way to go to make a profit; the United States Studio 8 in which Fosun has invested has just started and is not deeply involved in the world; The impact of the “restriction on the Korean Order” has also been difficult.
Today, in 2020, it may be imperative to revitalize the capital of these early seas compared to when it will be profitable. The era of the “big coin” of Chinese capital overseas has passed, but the business has just begun.
1 In 2019, revitalization is more urgent than profit
Continue to devour “bitter fruit.”
The operation of large amounts of capital to achieve profitability is not a matter of overnight. It requires strategic layout and long-term implementation and operation. From the current point of view, the full amount of Chinese capital that has been acquired or occupied certain shares of overseas companies is not only not profitable, it is still losing money for years in operation.
For example, the US AMC circuit acquired by Wanda for 2.6 billion US dollars in 2012, according to the statements of the last four quarters, in addition to the second quarter of the explosion of “Avengers 4” phenomenon-level movie contributed Box office revenue has increased its earnings, and the earnings performance of other quarters has been average, especially in the first and third quarters of 2019.