Jinyi Media(SZ:002905)2025-01-21 09:40Financial Performance - The company expects a net loss of 70 million yuan for 2024, compared to a profit of 13.35 million yuan in the same period last year[3] - The projected net loss after deducting non-recurring gains and losses is 200 million yuan, a significant increase from a loss of 65.85 million yuan in the previous year[3] - Non-recurring gains and losses are expected to impact net profit by 130 million to 190 million yuan, primarily from asset disposal gains and government subsidies[6] Market Trends - The total box office for the Chinese film market in 2024 is estimated to be 42.50 billion yuan, a decrease of 22.6% year-on-year[6] - The number of films with box office over 1 billion yuan and between 500 million to 1 billion yuan is expected to drop by 13 to a total of 16 films in 2024[6] Cinema Operations - The company's direct-operated cinemas achieved a box office of 936 million yuan, down 28.28% year-on-year, with attendance decreasing by 27.03% to 21.2 million[6] - The pre-sale for the 2025 Spring Festival films exceeded 100 million yuan within 1 hour and 57 minutes, indicating a recovery in film supply and audience demand[7] - The company plans to leverage the unique social attributes of cinemas to enhance profit growth and ensure sustainable development[7]