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阿里影业(01060) - 2022 - 年度财报
2022-07-26 10:37
Financial Performance - Alibaba Pictures reported revenue of RMB 3.652 billion for the fiscal year ending March 31, 2022, an increase of RMB 793 million, representing a year-on-year growth of 27.7%[11]. - The company achieved a net profit of RMB 154 million, marking its first profit after losses in previous periods[11]. - Adjusted EBITA recorded a profit of RMB 143 million, reflecting a year-on-year increase of 21.2%[11]. - For the fiscal year ending March 31, 2022, the company reported revenue of approximately RMB 3.65 billion, a significant increase of about RMB 793 million compared to RMB 2.86 billion in the previous year, representing a growth of approximately 27.6%[16]. - The company achieved a net profit of approximately RMB 154 million, a turnaround from a net loss of RMB 117 million in the previous year, marking a significant improvement[16]. - The adjusted EBITA for the reporting period was approximately RMB 1.43 billion, reflecting a 21% increase from RMB 1.18 billion in the previous year[17]. - Operating profit turned from a loss of approximately RMB 108 million to a profit of approximately RMB 279 million; adjusted EBITA profit increased by 21% to approximately RMB 143 million[29]. - Net profit attributable to the company narrowed from a loss of approximately RMB 96 million to a profit of approximately RMB 170 million[29]. Box Office and Film Production - Alibaba Pictures participated in the production and distribution of 44 films, contributing over RMB 26 billion in box office revenue, accounting for 71% of the domestic film box office[11]. - The total national box office reached approximately RMB 42.9 billion, an increase of about RMB 6.7 billion year-on-year, recovering to 73% of pre-pandemic levels[19]. - The content segment generated revenue of approximately RMB 1.95 billion, a 37% increase from RMB 1.42 billion in the previous year[21]. - The company continues to emphasize high-quality content production, with several films achieving top box office rankings in the domestic market[11]. Technology and Digital Initiatives - The digital management platform "YunZhi" was introduced to improve operational efficiency and reduce costs for cinemas[12]. - The technology segment recorded revenue of approximately RMB 1.26 billion, an increase of about RMB 137 million from RMB 1.13 billion in the previous year[18]. - The technology segment recorded revenue of approximately RMB 1.264 billion for the fiscal year 2021/22, representing a 12% increase from approximately RMB 1.127 billion in the previous year[23]. - The digital production business, Yunshang, supported over 100 film crews during the reporting period, with more than 60% being external users[23]. - The digital platform "Lighthouse" expanded its coverage to include performances, dramas, and online movies, becoming a comprehensive data platform for the entertainment industry[23]. IP Development and Commercialization - Alibaba Pictures is focusing on IP development and commercialization, creating a complete vertical industry chain from IP content to service platforms and sales channels[12]. - The IP derivative and commercialization segment saw revenue of approximately RMB 440 million, a 43% increase from RMB 307 million in the previous year[18]. - The number of newly signed IPs increased by 120%, enhancing the visibility of IPs in the market[24]. - The Tmall platform's toy category GMV grew by 57% year-on-year, indicating strong performance in the IP commercialization space[26]. - The company launched the潮玩 brand "KOITAKE," with a flagship store on Tmall, expanding the company's IP derivative products[12]. Strategic Focus and Future Plans - The company plans to continue its strategic focus on content and technology integration, aiming for diversified business development and greater value creation for shareholders[16]. - The company aims to enhance operational efficiency by providing entrusted operation services to Damai, exploring the potential of live entertainment[12]. - The company plans to provide entrusted operation services to enhance operational efficiency and explore the potential of live entertainment in the fiscal year 2022/23[23]. - The company is committed to producing high-quality content that resonates with audiences, with several new series and films set to be released soon[19]. Financial Management and Governance - The company held cash and cash equivalents of approximately RMB 3.56 billion as of March 31, 2022, with no long-term borrowings and a net cash position[34]. - The company has a conservative investment strategy, holding investments in 15 joint ventures and associates valued at approximately RMB 1.723 billion[33]. - The current executive team includes experienced leaders from Alibaba Group, enhancing the company's strategic direction and financial management capabilities[41][42]. - The board includes independent directors with extensive experience in finance and media, contributing to strong governance practices[43][44]. - The company reported a total distributable reserve of approximately RMB 736 million as of March 31, 2022, down from RMB 756 million as of March 31, 2021[49]. Shareholder and Equity Information - The company’s total issued ordinary shares as of March 31, 2022, amounted to 26,975,740,156 shares[54]. - The total equity held by executive directors as of March 31, 2022, includes 15,645,000 shares for the chairman and CEO, representing approximately 0.06% of the total issued share capital[54]. - The company did not recommend the payment of dividends for the fiscal year ending March 31, 2022, consistent with the previous year[49]. - The company has a maximum limit of 30% for the total number of shares that can be issued due to unexercised options under the 2021 share option plan[74]. Related Party Transactions - The company has entered into multiple transactions with related parties, including Alibaba Group and its subsidiaries, which constitute non-exempt continuing connected transactions[113]. - The independent auditor confirmed that all ongoing related party transactions were conducted under fair and reasonable terms, in compliance with the company's pricing policy[152]. - The group has adhered to the disclosure requirements under the Hong Kong Listing Rules regarding related party transactions[152]. Environmental and Social Responsibility - The company is committed to environmentally friendly business practices, aiming to reduce material waste and energy consumption[111]. - The company has taken active measures to promote energy conservation among employees[111]. Risks and Compliance - The company faced various risks and uncertainties, detailed in the corporate governance report, which includes risk management and internal controls[50]. - The group faces risks related to the enforceability of the contractual arrangements under Chinese law, which could significantly impact its business[177].
阿里影业(01060) - 2021 - 年度财报
2021-07-28 08:43
Financial Performance - Alibaba Pictures Group achieved revenue of RMB 2.859 billion for the fiscal year 2020/21, remaining stable compared to the previous fiscal year[11]. - The company reported an adjusted EBITA profit of RMB 118 million, a turnaround from a loss of RMB 661 million in the previous fiscal year[11]. - In the fiscal year 2020/21, the company reported revenue of RMB 2.859 billion, which is nearly flat compared to RMB 2.875 billion in the previous year, demonstrating resilience amid a challenging environment[15]. - The operating loss significantly narrowed from RMB 981.25 million in the previous year to RMB 107.53 million in the reporting period, a decrease of RMB 873 million[16]. - Adjusted EBITA turned profitable for the first time, recording a profit of RMB 118.14 million compared to a loss of RMB 660.89 million in the previous year[16]. - The total revenue for the reporting period was RMB 28.59 billion, remaining stable compared to the previous year[18]. - The content segment generated revenue of RMB 14.25 billion, an increase of 37% from RMB 10.37 billion in the previous period[18]. - The technology segment reported revenue of RMB 11.27 billion, a decrease of 30% from RMB 16.18 billion in the previous period due to pandemic-related restrictions[18]. - The IP derivatives and commercialization segment achieved revenue of RMB 3.07 billion, a growth of 39% from RMB 2.2 billion in the previous period[18]. - The company recorded revenue of RMB 2.859 billion for the reporting period, remaining flat year-on-year[33]. - Adjusted EBITA turned from a loss of RMB 661 million to a profit of RMB 118 million, marking a significant turnaround[33]. - The net loss attributable to the company narrowed from RMB 1.151 billion to RMB 96 million, a reduction of RMB 1.055 billion year-on-year[33]. Content Production and Distribution - The company participated in the production and distribution of over 20 films, with 6 films from the "Jincheng Hezhi Plan" accounting for 68% of the national box office[11]. - The company aims to expand its content production capabilities into genres such as variety shows and offline entertainment content[11]. - The company is committed to becoming a leading provider of quality content across the entire entertainment industry[11]. - The company aims to expand its content offerings to become a leading provider in the entire entertainment industry[20]. - The company has a diverse lineup of upcoming series, with significant viewership on platforms like Douyin, indicating strong audience engagement[22]. - The company participated in the production and distribution of 25 films, contributing over RMB 24.7 billion in box office revenue, accounting for 68% of total box office[21]. - The company secured 10 of the top 3 films during key holiday periods, contributing RMB 21.3 billion, which represents 92% of the box office for those periods[21]. User Engagement and Digital Platforms - User engagement on the Taopiaopiao platform increased, with the number of users consuming content after viewing promotions rising by 20% compared to the previous fiscal year[12]. - The cloud intelligence product, Yunzhih, maintained the highest number of ticketing cinemas in the industry during the fiscal year 2020/21[12]. - The ticketing platform, Tao Piao Piao, saw a 20% increase in user consumption after enhancing its promotional capabilities during the post-pandemic recovery[25]. - The digital intelligence platform, including products like "Lighthouse" and "Tao Xiu Guang Ying," covered over 500 million users and contributed to 97% of the box office for partnered films during the reporting period[25]. Business Strategy and Growth - The company is focused on building a digital ecosystem in the entertainment industry, covering both B2B and B2C users[11]. - The company’s strategic focus on "quality content + new infrastructure" has been a key driver of its operational results[11]. - The company is committed to diversifying its business segments while leveraging its unique advantages in "content + technology" to drive growth[15]. - The company expressed confidence in its future development, emphasizing continued innovation and collaboration within the broader entertainment industry[15]. - The company aims to enhance its IP matrix to increase the commercial value of products through innovative design and resource integration[14]. - The company launched a new brand "Jinli Naqu" focusing on trendy toys, leveraging its strengths in content IP and marketing[14]. Financial Health and Investments - The company held cash and cash equivalents of approximately RMB 3.917 billion as of March 31, 2021[37]. - The company has a net cash position with a capital-to-equity ratio of zero, indicating no net debt[37]. - The company plans to continue investing in quality content and new infrastructure to drive business upgrades and enhance customer value[30]. - The company has maintained its corporate governance practices, with a focus on accountability and risk management[50]. - The company is committed to environmentally friendly business practices, aiming to reduce material waste and energy consumption, which also brings economic benefits[103]. Corporate Governance and Compliance - The board of directors includes independent non-executive directors, ensuring governance and oversight[52]. - The company is actively involved in risk management and has outlined key risks and uncertainties in its governance report[50]. - The company has complied with applicable laws, rules, and regulations in all material respects during the fiscal year ending March 31, 2021[102]. - The company has established and maintained appropriate insurance to protect against potential legal actions targeting its directors and management[101]. - The company aims to enhance corporate governance and maintain high levels of transparency and accountability[192]. Shareholder and Equity Information - The total number of ordinary shares issued by Alibaba Group Holdings Limited (AGH) as of March 31, 2021, is 21,699,031,448 shares[22]. - The company has a total of 26,834,946,210 ordinary shares issued as of March 31, 2021[54]. - Major shareholders include Ali CV, holding 50.26% of the issued share capital, and other entities under its control[181]. - The company did not recommend the payment of dividends for the fiscal year ending March 31, 2021, consistent with the previous year[50]. Employee and Management Information - As of March 31, 2021, the group employed 1,163 employees, an increase from 1,134 employees as of March 31, 2020[40]. - Employee benefits expenses totaled RMB 595 million during the reporting period[40]. - The board consists of seven members, including three executive directors, one non-executive director, and three independent non-executive directors[193]. - All executive directors attended 100% of board meetings and shareholder meetings[196]. Related Party Transactions - The company engaged in several transactions with related parties, including Alibaba Group Holding Limited, which holds approximately 50.26% of the company's issued share capital[105]. - The group’s independent auditor confirmed that all related party transactions were conducted on fair and reasonable terms[144]. - The group has adhered to the guidelines set forth by the Hong Kong Stock Exchange regarding related party transactions[144]. Risk Factors and Regulatory Compliance - The company faces regulatory risks related to the structure agreements, which may not comply with applicable Chinese laws and regulations, potentially leading to significant adverse effects on business operations[175]. - The company will closely monitor developments in foreign investment regulations and assess their potential impact on new contractual arrangements and related business operations[178].
阿里影业(01060) - 2019 - 年度财报
2019-06-27 13:03
目錄 | 公司資料 | 2 | | --- | --- | | 主席報告書 | 3 | | 管理層討論及分析 | 5 | | 董事及高級管理層履歷資料 | 12 | | 董事會報告 | 15 | | 企業管治報告 | 54 | | 環境、社會及管治報告 | 80 | | 獨立核數師報告 | 92 | | 綜合損益表 | 101 | | 綜合全面收益表 | 102 | | 綜合資產負債表 | 103 | | 綜合權益變動表 | 105 | | 綜合現金流量表 | 107 | | 綜合財務報表附註 | 109 | | 財務摘要 | 228 | 1 頁次 2 公司資料 董事會 執行董事 樊路遠先生 (主席兼首席執行官) 孟鈞先生 非執行董事 張彧女士 常揚先生 獨立非執行董事 宋立新女士 童小幪先生 陳志宏先生 執行委員會 樊路遠先生 (委員會主席) 孟鈞先生 薪酬委員會 童小幪先生 (委員會主席) 樊路遠先生 宋立新女士 審核委員會 陳志宏先生 (委員會主席) 宋立新女士 童小幪先生 提名委員會 樊路遠先生 (委員會主席) 童小幪先生 陳志宏先生 公司秘書 吳樂茗先生 核數師 羅兵咸永道會計師事務所 網址 www ...