横店影视(603103) - 2025 Q2 - 季度业绩预告

Hengdian Entertainment Co., Ltd. 2025 Semi-Annual Performance Forecast Current Period Performance Forecast Overview The company forecasts H1 2025 net profit attributable to shareholders to be RMB 180-230 million, with non-recurring adjusted net profit at RMB 140-190 million, indicating significant year-on-year growth H1 2025 Performance Forecast | Metric | Estimated Amount (RMB million) | Year-on-Year Growth | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | 180 - 230 | 103.55% - 160.09% | | Net Profit After Deducting Non-Recurring Gains and Losses | 140 - 190 | 825.61% - 1,156.18% | - This performance forecast applies to situations where profitability is achieved, and net profit increases by over 50% compared to the same period last year[3] - The data in this performance forecast has not been audited by a certified public accountant[4] Prior Period Operating Performance and Financial Status The company's H1 2024 net profit attributable to shareholders was RMB 88.43 million, with non-recurring adjusted net profit at RMB 15.13 million, serving as a comparative baseline H1 2024 Operating Performance and Financial Status | Metric | H1 2024 Amount (RMB million) | | :--- | :--- | | Total Profit | 104.47 | | Net Profit Attributable to Shareholders | 88.43 | | Net Profit After Deducting Non-Recurring Gains and Losses | 15.13 | | Earnings Per Share | 0.14 yuan | Primary Reasons for Current Period Performance Increase The performance increase is primarily driven by the strong recovery of the film exhibition market and the diversified growth of film and television investment, production, and distribution businesses Film Exhibition and Related Derivative Businesses This segment saw significant revenue and operational efficiency improvements due to overall market growth and the company's optimized cinema strategies and cost control efforts - In H1 2025, China's film market box office reached RMB 29.23 billion, a 22.91% year-on-year increase, with 641 million moviegoers, up 16.89%[7] - The company achieved year-on-year revenue growth and improved operational efficiency in film exhibition by optimizing cinema strategies, increasing box office market share, diversifying operations, and implementing refined management[7] Film and Television Investment, Production, and Distribution Businesses The company's diversified investment strategy led to successful releases of multiple films and an expanded presence in the short-form drama market, creating new growth points - During the reporting period, the company released several films, including Boonie Bears: Back to Earth, The Legend of the Condor Heroes: The Great Hero, and Caught in the Web, maintaining a rich film reserve[7] - The company is increasing its focus on short-form drama businesses, expanding investment, production, and distribution, with multiple works launched or pending release[7] Risk Warning The company's preliminary, unaudited performance forecast has been pre-communicated with auditors, with final figures subject to the official semi-annual report - This performance forecast represents preliminary calculations by the company's finance department based on professional judgment and has not yet been audited by a certified public accountant[7] - The company has pre-communicated the performance forecast with its annual audit firm, confirming no significant uncertainties affecting its accuracy[7] - The final accurate financial data will be based on the company's officially disclosed 2025 semi-annual report, cautioning investors about investment risks[8]