Chinanews client, Beijing, October 30th (Reporter Song Yusheng) After the closure of theaters and the shutdown of the crew due to the epidemic, the domestic film and television industry is gradually recovering.

In mid-October, Chinese film box office even surpassed North America to become the world's number one.

　　However, behind this report card, are the operating conditions of domestic film and television companies gradually improving?

At the end of October, a number of listed film and television companies announced their third quarter reports.

We can get a glimpse of the status quo of the domestic film and television industry.

Data map: The audience took pictures with their mobile phones before watching the movie.

Photo by China News Agency reporter Hou Yu

The business behind the work

　　From July 20 to October 27, the Chinese film market has resumed work for 100 days in 2020.

　　During this period, the release of the movie "Eight Hundreds" was regarded as an important signal for the "rebirth" of the domestic film and television industry.

After the film was officially released, the national film box office once again surpassed 100 million in a single day after 221 days.

　　The third-quarter report of Huayi Brothers also mentioned that "Yabai" achieved good box office results, the main business income increased, and the overall performance loss narrowed. The company achieved operating income of over 700 million yuan in the quarter, compared with the previous year. An increase of 45.02% over the same period, the net profit attributable to shareholders of listed companies deducting non-recurring gains and losses was 64,019,500 yuan, an increase of 148.12% over the same period last year.

　　Up to now, the box office of "Eight Hundred" has exceeded 3.1 billion, ranking first in the total box office of Chinese movies in 2020.

　　The works that sell well have become an important reference for domestic film and television companies to reverse their performance decline this year.

　　The third-quarter report of Huayi Brothers shows that the net profit attributable to shareholders of listed companies in the first three quarters of this year was a loss of 326 million yuan, a year-on-year decrease of 50.03%.

The total chart of China's movie box office in 2020.

Cat Eye Professional Edition Screenshot

　　The movie "Jiang Ziya" is similar to "Yaobai".

The film currently ranks third in the total box office list of Chinese movies in 2020.

　　As of October 11, Enlight Media’s operating income from the film was approximately RMB 360 million to RMB 400 million.

　　According to the third quarter report of China Films released on October 30, during the period from the beginning of the year to the National Day, the company led or participated in the production and put on the market a total of 5 films. As of the date of this report, a total of 4.016 billion yuan in box office.

Among them, the two films "My Hometown and Me" and "Winning the Championship" respectively ranked second and fourth in the total box office list of Chinese movies in 2020.

　　In addition, the net profit attributable to shareholders of listed companies in the third quarter of this year exceeded 500 million yuan, a year-on-year increase of 197.41%.

　　According to reports and analysis, Mango SuperMedia’s performance growth during the quarter was directly attributable to popular variety shows such as "Sister Riding the Wind and Waves" and popular drama series such as "In the Name of Family" and "Dear Myself", which drove the company's advertising revenue. And membership income growth.

Data map: In March this year, a movie theater in Wangjing, Chaoyang District, Beijing was still closed.

Photo by China News Agency reporter Hou Yu

Is the film and television company still losing money?

　　The semi-annual report released by domestic film and television companies in August this year showed that due to the epidemic, many companies' performance in the first half of the year experienced a sharp decline.

　　However, after the recovery in the third quarter, especially after movie theaters reopened their doors on July 20, some companies have shown signs of improvement.

　　Take Hengdian Film and Television as an example. Although it is still losing money in the third quarter, the loss has narrowed.

　　According to related reports, in the first and second quarters, Hengdian Films achieved net profits attributable to listed companies of 138 million yuan and 169 million yuan respectively. In the third quarter, Hengdian Films’ net profits attributable to listed companies were 61.58 million yuan.

　　Hengdian Film and Television reported in the third quarter that the impact of the epidemic has a certain impact on the company's short-term operating results, but it does not affect the company's continued profitability.

At the same time, Hengdian Film and Television opened 16 new directly-operated theaters in the third quarter of this year, added 102 screens, and achieved box office revenue of over 200 million yuan.

　　Similarly, Wanda Films achieved operating income of 3.214 billion yuan in the first three quarters, and a net profit loss of 2.015 billion yuan attributable to shareholders of listed companies.

　　According to the analysis, the loss of 449 million yuan in the third quarter was significantly narrower than the loss of 599 million yuan in the first quarter and 970 million yuan in the second quarter.

　　Regarding the reason for the loss, Wanda Film’s previous performance forecast explained: Affected by the epidemic, more than 600 domestic theaters under the company have been closed for nearly half a year, and the national movie box office has not yet returned to normal levels; in addition, because the overseas epidemic is still serious, Wanda The operating income of the movie's affiliated Australian theaters has fallen sharply.

　　At the same time, Wanda Film said that it expects the company's various operating businesses to return to normal levels in the fourth quarter.

　　In the third quarter, Huace Television continued the trend of the first half of the year, with revenue of approximately 780 million yuan, an increase of 102.90% year-on-year, and net profit attributable to shareholders of listed companies of 56 million yuan.

　　Its third quarter report stated that, while adhering to the two core core businesses of TV dramas and movies, Huace Films continued to increase its investment in copyright operations, artist management, music, integrated marketing, and segment video. People brokerage, consumer product brands, live e-commerce and other derivative formats have strengthened cooperation with professional companies and made positive progress.

Data map: In July this year, in the CBD store of Beijing Wanda Cinemas, the audience was seated separately to watch the movie.

Photo by China News Agency reporter Jia Tianyong

The future can be expected

　　It should be noted that the performance reports released by each company this time are all third quarter reports.

This also means that the box office data of the National Day file is excluded.

　　According to previous reports, this year's National Film Market won the second largest box office in the National Day China Film History with nearly 4 billion yuan.

　　If you consider the recovery since October, the future of the domestic film and television industry can be expected.

　　The "Global Entertainment and Media Industry Outlook 2020-2024" released by PricewaterhouseCoopers in October also showed that China's movie revenue in 2020 is expected to drop by 78.1% year-on-year to approximately US$2.26 billion, and the number of movie viewers will also increase from 18 in 2019. 100 million plummeted to 400 million.

But from 2020 to 2024, China's film revenue will rebound rapidly at a compound annual growth rate of 37.8%.

Data map: In July this year, in a movie theater in Chaoyang District, Beijing, audiences were seated at intervals and wearing masks to watch the film.

Photo by China News Agency reporter Hou Yu

　　On October 30, the official website of the National Bureau of Statistics published the article "Interpretation of the operating income data of cultural and related industrial enterprises above designated size by Xin Jia, a statistician from the Department of Social Sciences and Culture of the National Bureau of Statistics of the first three quarters of the country."

　　According to the article, in the first three quarters, although cultural, entertainment and leisure services based on contact and aggregate offline services still fell by 39.9%, the decline was significantly narrower than the nearly 50% decline in the first half of the year.

　　"From the perspective of the next stage, as the production and operation conditions of enterprises continue to improve, cultural consumer demand, especially offline cultural entertainment, is further restored, the vitality of my country's cultural industry development will continue to increase, and the recovery trend will continue to consolidate." (End)