CFC(SH:600977) Xin Lang Cai Jing·2026-02-11 07:13Group 1 - The core issue leading to the stock price drop of China Film is significant operational pressure, with a notable decline in performance metrics such as a 2.90% decrease in revenue and a 69.22% drop in net profit for the first three quarters [2] - The company is facing severe cash flow challenges, with operating cash flow down by 91.01% year-on-year and short-term borrowings increasing from 626 million to 1.285 billion [2] - Increased competition in the animation film market, particularly from international giants like Disney, poses a threat to profitability and market expectations for the company's future performance [2] Group 2 - The overall performance of the film and television sector is under pressure, which negatively impacts China Film as a leading player in the industry [2] - A decline in market participation, evidenced by a 10.12% drop in fund flow balance, indicates reduced investor confidence and negative short-term expectations for the company [2] - The company's ESG rating dropped to B in Q4 2025, which may affect its image and investor confidence, contributing to stock price declines [2]