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电广传媒(000917) - 000917电广传媒投资者关系管理信息20250618
2025-06-18 11:22
Group 1: Company Overview - Hunan Electric Broad Media Co., Ltd. (Electric Broad Media) fully owns Shanghai Jiuzhirun, which was acquired in 2015 [2] - Shanghai Jiuzhirun, established in April 2003, is a leader in the Chinese internet gaming industry, focusing on music, dance, and casual games [2] - In 2024, Shanghai Jiuzhirun reported revenue of 453 million CNY and a net profit of 133 million CNY, primarily from the game "Dance Party" [2] Group 2: Business Segments - The "Dance Party" game maintains a high gross profit margin and contributes significantly to revenue [2] - New revenue streams from WeChat mini-program games and Douyin live-streaming bullet screen games have achieved a monthly revenue of 40 million CNY [2][3] Group 3: "Wawoyouquan" Platform - "Wawoyouquan," a second-hand trading platform for trendy toys, was established in 2021 and leverages extensive user data from gaming [3] - The platform has achieved a cumulative GMV of several hundred million CNY, although transaction volumes are lower than competitors like Xianyu and Qiantai [3] - The platform utilizes a mature game item trading mechanism to enhance user experience and ensure smooth transactions [3] Group 4: Bullet Screen Game Business - Successful releases of bullet screen games include "Dance Star" and "Joy Party," with "Joy Party" topping the Douyin bullet screen chart during the 520 event [3] - "Dance Star" generated over 10 million CNY in monthly revenue for five consecutive months, while "Joy Party" reached a peak monthly revenue of nearly 30 million CNY [3] - Upcoming titles include "Dance Star 2," expected to launch in Q3 2025, and "XZLTQ," based on a web novel, anticipated for Q4 2025 [3]
电广传媒:旗下娃友圈销售泡泡玛特labubu等相关产品
news flash· 2025-06-16 12:23
Group 1 - The core point of the article is that Dianguang Media's subsidiary, Shanghai Jiuzhirun, has established a second-hand trading platform called "Wawoyouquan" focused on trendy toys and collectibles, including products like Bubble Mart's labubu [1] - The "Wawoyouquan" platform primarily deals with toys, dolls, and trendy figurines [1] - The business of "Wawoyouquan" does not currently have a significant impact on Jiuzhirun's performance [1]
电广传媒(000917):“新文旅”战略成效显著,潮玩赛道前瞻布局
Tianfeng Securities· 2025-06-13 14:46
Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected relative return of over 20% within the next six months [7]. Core Insights - The company's "New Cultural Tourism" strategy has shown significant results, with a notable increase in visitor numbers and revenue during the "May Day" holiday, where total visitors reached approximately 523,000, a year-on-year increase of over 83%, and revenue grew by 63.8% [1][2]. - In Q1 2025, the company reported a revenue of 922 million yuan, a year-on-year increase of 2.67%, but net profit decreased by 89.1% to 3 million yuan due to reduced IPO numbers and lower profits from investment projects [1]. - The cultural tourism business is advancing with a focus on "Culture + Technology + Tourism," achieving a revenue of 411 million yuan in 2024, accounting for 10.52% of total revenue, with a 51% increase in visitor numbers across various attractions [2]. - The investment management business is deepening its focus on hard technology investments, generating 505 million yuan in revenue in 2024, with a gross margin of 100% [3]. - The company is actively expanding into the trendy toy market through its "Wawoyou Circle" platform and investments in IPSTAR, aiming to enhance its presence in the cultural and entertainment sectors [4]. Financial Summary - The company expects revenues of 4.33 billion yuan in 2025, with a year-on-year growth of 11.0%, and net profits of 250 million yuan, reflecting a significant recovery from previous years [5]. - Financial projections indicate a gradual increase in revenue and net profit over the next few years, with expected revenues of 4.78 billion yuan in 2026 and 5.26 billion yuan in 2027 [6][11]. - The company's earnings per share (EPS) is projected to rise from 0.12 yuan in 2023 to 0.30 yuan in 2027, indicating a positive growth trajectory [6][11].