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After going through the cold winter of 2018 and the hard hit in 2019, the performance in 2020 is very important for many film and television companies.

Editor’s note: This article is from the micro-channel public number “Every time there was television” (ID: meijingyingshi) , Author: Wen Menghua, Bi Yuanyuan; Editor: Du Yi.

Every reporter found that the 18 film and television companies that have released annual reports, performance notices or performance bulletins are mostly losing money in 2019, and only 5 have achieved profit. In addition, five companies including Huayi Brothers, Tangde Films and Great Wall Films have lost money for two consecutive years from 2018 to 2019. If they still cannot turn a profit in 2020, the withdrawal will be on the string.

Affected by the epidemic, the impacted film and television industry has not yet fully recovered. Chen Meng, executive director of Chanson Capital, believes that the development of this year ’s epidemic may continue to impact the film and television industry, and the probability of continuous losses for some companies may not be reversed in 2020.

5 film and television companies have suffered losses for two consecutive years, and will face delisting pressure in 2020

According to the statistics of Choice, as of now, 18 companies have handed in their performance reports or performance forecasts for 2019. The data shows that 9 film and television companies reported losses in their net profit, with a total loss of more than 15 billion yuan; another 3 companies stated in their performance forecast that they are expected to lose money in 2019, and 3 companies are expected to have a total loss of 2.8 billion to 3.65 billion yuan. .

“2019 is a critical period for the film and television industry to be hit hard. On the one hand, the industry’s overall tax correction and further content requirements have been further strengthened; on the other hand, the capital market has been affected by increased leverage and deleveraging, which has led to sharp fluctuations in performance. Therefore, the overall impact on the film and television industry is large. “Shen Meng told reporters.

It is worth noting that under the circumstances that the overall “transcripts” of listed film and television companies in 2019 are not satisfactory, there have been 5 film and television companies that have suffered performance losses for two consecutive years from 2018 to 2019. This means that if they still cannot turn a profit in 2020, they will face pressure to delist. The five companies are: Huayi Brothers, Tang De Film, Contemporary Oriental, Great Wall Film, and Ding Long Culture.