WANDA FILM(SZ:002739) Di Yi Cai Jing·2025-05-09 13:37Core Insights - The salaries of top executives in the film industry are closely linked to the overall performance of the industry [1] - The average salary of the 13 disclosed executives in the A-share film and cinema sector is 1.9 million yuan, with a range from 180,000 to 10.17 million yuan [1] Group 1: Executive Salaries - Wanda Film's chairman, Chen Xi, received the highest salary in the industry at 10.17 million yuan, despite the company's revenue declining by 15.44% to 12.362 billion yuan and a net loss of 960 million yuan [1][2] - Other high salaries include Wanda's executive president, Chen Hongtao, at 7.6391 million yuan, and new board member Gong Qiao at 4.8904 million yuan [3] - Huayi Brothers' chairman earned 2.04 million yuan, while Huace Film's chairman received 2.588 million yuan, both showing a decrease compared to the previous year [3][4] Group 2: Industry Performance - In 2024, 8 out of the 13 disclosed executives saw a decrease in their salaries, with the largest drop being 131% for the chairman of Hengdian Film, whose salary fell from 3 million yuan to 1.2976 million yuan [4] - The overall box office in 2024 was 42.5 billion yuan, significantly lower than the 54.9 billion yuan in 2023, indicating a shift in audience viewing habits and a lack of high-quality film supply [5] - China Film's chairman was one of the few to receive a salary increase of 15%, coinciding with the company reporting a net profit of 170 million yuan [5]