Core Viewpoint - Alibaba Pictures (01060.HK) experienced a significant stock price increase of 29.79%, closing at HKD 0.61 per share, driven by the release of its FY2025 earnings report, which showed double-digit growth in both revenue and profit [1] Financial Performance - For FY2025, Alibaba Pictures reported revenue of RMB 6.702 billion, a year-on-year increase of 33% [1] - The net profit attributable to shareholders was approximately RMB 364 million, reflecting a 28% year-on-year growth [1] - Adjusted EBITA reached RMB 809 million, marking a substantial year-on-year increase of 61% [1] Revenue Breakdown - The company's revenue is primarily derived from four business segments: Film Technology and Investment Production & Distribution Platform, Damai, IP Derivative Business, and TV Series Production [1] - The Film Technology and Investment Production & Distribution Platform accounted for 40.46% of total revenue, generating RMB 2.712 billion, although this segment saw a decline of 9.59% year-on-year due to a challenging film market [1][3] - Damai's revenue surged to RMB 2.057 billion, representing 30.69% of total revenue and a remarkable year-on-year increase of 235.82% [2] - The IP Derivative Business generated RMB 1.433 billion, accounting for 21.39% of total revenue, with a year-on-year growth of 73.21% [2] Market Context - Despite a lackluster overall performance in the national film market, Alibaba Pictures has identified a second growth curve through its Damai and IP Derivative Business, demonstrating resilience in its financial performance [3] - The company's stock has historically traded below HKD 1, often labeled as a "penny stock," but the recent earnings surge has prompted market interest in whether it can shed this label [3]
【窥业绩】绩后股价飙涨近30%！阿里影业值得高看？