Core Insights - Visual China reported a revenue of 610 million yuan for the first three quarters of 2025, representing a year-on-year growth of 0.30% [1] - The company's net profit attributable to shareholders was 74.314 million yuan, a decrease of 9.03% year-on-year [1] - The basic earnings per share stood at 0.11 yuan [1] Financial Performance - The gross profit margin for the first three quarters of 2025 was 42.75%, down 3.48 percentage points year-on-year [2] - The net profit margin was 13.44%, a decline of 1.47 percentage points compared to the same period last year [2] - In Q3 2025, the gross profit margin was 43.35%, showing a year-on-year decrease of 1.58 percentage points but a quarter-on-quarter increase of 2.70 percentage points [2] - The net profit margin for Q3 2025 was 15.82%, down 0.57 percentage points year-on-year but up 2.15 percentage points from the previous quarter [2] Expense Management - Total operating expenses for Q3 2025 were 195 million yuan, a decrease of 7.5281 million yuan year-on-year [2] - The expense ratio was 31.92%, down 1.33 percentage points from the same period last year [2] - Sales expenses increased by 6.23%, while management expenses decreased by 1.07%, R&D expenses decreased by 15.37%, and financial expenses decreased by 22.58% [2] Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 120,900, a decrease of 17,400 or 12.60% from the end of the previous half [2] - The average market value per shareholder increased from 102,000 yuan at the end of the previous half to 118,600 yuan, reflecting a growth of 16.23% [2] Company Overview - Visual China is located in Beijing and was established on May 28, 1994, with its listing date on January 21, 1997 [3] - The company's main business includes the production and distribution of TV dramas, indoor smart entertainment in theme parks, and the sale of visual materials (images, videos, etc.) and value-added services [3] - The revenue composition is primarily from visual content and services at 99.92% [3]

9月4日，视觉中国跌1.81%，截至发稿，报20.65元/股，成交9.69亿元，换手率6.81%，总市值144.67亿 元。视觉中国股价已经连续3天下跌，区间累计跌幅9.47%。 资料显示，视觉(中国)文化发展股份有限公司位于北京市朝阳区酒仙桥北路甲10号院204号楼2层/3层， 成立日期1994年5月28日，上市日期1997年1月21日，公司主营业务涉及电视剧的摄制出品业务,主题公 园室内智能娱乐和特种影视项目动漫设计,创意类和编辑类视觉素材(图片、视频等)的销售及增值服务业 务。主营业务收入构成为：视觉内容与服务99.92%，其他0.08%。 国泰中证影视主题ETF（516620）成立日期2021年10月20日，最新规模5034.68万。今年以来收益 17.98%，同类排名2387/4222；近一年收益56.28%，同类排名1380/3789；成立以来收益8.13%。 国泰中证影视主题ETF（516620）基金经理为王玉、刘昉元。 截至发稿，王玉累计任职时间5年256天，现任基金资产总规模222.75亿元，任职期间最佳基金回报 30.18%， 任职期间最差基金回报-48.87%。 刘昉元累计任职时间147 ...