Earnings Season Forecast: May Day Consumption: Travel Chain Quarterly Report takes the lead in “Good News”, and “Refreshing in Zi” is expected to be staged again
As the first five-day holiday after the Spring Festival, the May Day holiday has always been a “golden week” for travel and consumption. Looking back on the Qingming holiday, travel spending and movie box office data are all impressive.
貓眼娛樂:2023年度報告
The industry's forecast for 11 movies to “compete on the same stage” is likely to surpass last year's box office of 1.3 billion
The “May Day” holiday is approaching, and the film market is booming again. A total of 11 movies have been scheduled for the May 1st edition, and the total box office (including pre-sale) of the series has exceeded 24.63 million yuan.
Changes in Hong Kong stocks | Maoyan Entertainment (01896) rose nearly 4% This year's ideal movie content pipeline and the May 1st box office is expected to continue to recover
The Zhitong Finance App learned that Maoyan Entertainment (01896) rose nearly 4%. As of press release, it had risen 3.62% to HK$9.74, with a turnover of HK$9.362 million. According to the news, according to information, Maoyan Entertainment plans to release dozens of popular movies this year, including “Flying Fast to Life 2,” “Chaoyuan Alley,” “Crazy Money at the End,” “Crisis Line,” and “Rebirth.” UBS previously indicated that the cumulative demand for offline performance activities will help increase the company's market share. Coupled with this year's ideal movie content pipeline, many major blockbusters will be screened within this year. It is estimated that the overall online ticketing revenue of Cat's Eye will increase by 3% throughout this year.
Hong Kong film and television stocks fluctuated and rallied. Huanxi Media rose more than 18%, Ning Meng Film and Television rose nearly 4%, and Maoyan Entertainment rose nearly 2%.
Hong Kong film and television stocks fluctuated and rallied. Huanxi Media rose more than 18%, Ning Meng Film and Television rose nearly 4%, and Maoyan Entertainment rose nearly 2%.
Changes in Hong Kong stocks | Film concept stocks are collectively rising, institutions say there are many signs that the film industry is booming, and there is still room for recovery
Film concept stocks rose collectively. As of press release, Ning Meng Film & Television (09857.HK) rose 15.65% to HK$8.5; Huanxi Media (01003.HK) rose 9.09% to HK$0.6; Cat Eye Entertainment (01896.HK) rose 1.45% to HK$9.77; and Straw Bear Entertainment (02125.HK) rose 1.18% to HK$0.43.
Changes in Hong Kong stocks | Film concept stocks generally rose, Huanxi Media (01003.HK) rose more than 7%, and Qingming box office reached a record high
Film concept stocks generally rose. As of press release, Huanxi Media (01003.HK) rose 7.55% to HK$0.57; Maoyan Entertainment (01896.HK) rose 5.3% to HK$9.73; Straw Bear Entertainment (02125.HK) rose 2.5% to HK$0.41; and Alibaba Pictures (01060.HK) rose 1.12% to HK$0.45.
Everbright Securities: Maintaining the “Buy” rating of Maoyan Entertainment (01896), the box office performance of the main control distribution and production of videos is impressive
Everbright Securities lowered the 24-25 revenue forecast for Maoyan Entertainment (01896) to $49/5.3 billion.
Maogan Entertainment (1896.HK): Strong performance, continued to release great movies
Incident: The company announced its annual results for '23, achieving revenue of RMB 4.757 billion, an increase of 105.1%; achieving gross profit of RMB 2,385 billion, an increase of 133.8% over the previous year, and a corresponding gross margin of 50.1 billion yuan
In March, the box office “Off Season Is Not Light” introduced films to embrace market opportunities based on word of mouth
According to Xinhua News Agency, in the mainland China film market, March is usually a “low season” at the box office. There are no major holidays during this period, and few major production mainland films are screened.
Maoyan Entertainment (01896.HK): Top video participation increases market recovery boosts performance
Event: On March 21, 2024, Beijing time, Maogan Entertainment announced its 2023 annual results. In 2023, the company achieved revenue of 4.8 billion yuan, an increase of 105.1% over the previous year. Among them, the entertainment content service business
Shen Wan Hongyuan: Maintaining Maoyan Entertainment's (01896) “Buy” rating target price of HK$12.83
Scheduled films in the follow-up reserve by Maogan Entertainment (01896) include “The Yellow Finch Is Behind!” , “The Big “Anti-Faction”, and “The Last Way to Spend Money”.
Maogan Entertainment (1896.HK): 23-year performance is above the median forecast range. 24-year project reserves are abundant, and attention is paid to performance
Maogan Entertainment announced 23-year results; revenue was 4.76 billion yuan (median value of 4.75 billion yuan in the forecast range), an increase of 105% over the previous year; IFRS net profit was 9.1 billion yuan (median value of 905 million yuan in the forecast range).
Can 7 new movies “stir up” the Qingming Festival when the film market enters the off-season?
The Qingming Festival is coming, and 7 movies have already been screened and pre-sale has begun. Film industry insiders told the Financial Federation reporter that there is currently an adequate supply of Qingming movies and a variety of genres. Imported films may drive enthusiasm for watching movies, and there is also an opportunity for “dark horses” to be born in small stalls.
Maogan Entertainment (1896.HK): Strong 2H23 performance; increased investment in leading films to seize box office revenue potential
2H23 review: Maoyan Entertainment released 2H23 results. Revenue surged 127% year-on-year to 2.56 billion yuan, and adjusted net profit was 573 million yuan, all in the previous profit forecast range. Ticketing revenue
Jefferies Adjusts Maoyan Entertainment's Price Target to HK$12.90 From HK$15.20, Keeps at Buy
06:25 AM EDT, 03/25/2024 (MT Newswires) -- Jefferies Adjusts Maoyan Entertainment's Price Target to HK$12.90 From HK$15.20, Keeps at Buy Price (HKD): $9.69, Change: $-0.21, Percent Change: -2.12%
Maogan Entertainment (1896.HK): Performance is in line with expectations, focusing on the release of high-topic film reserves
Core view The cornerstone of the business, movie ticketing benefits from the steady growth of the industry, focusing on entertainment content and the growth of offline entertainment. We are optimistic that under the trend of diversification of film genres, the release of high-topic, reality-themed films will continue to stimulate demand for movie viewing and drive a steady recovery in the market
Maogan Entertainment (1896.HK): Strong recovery in the entertainment market, diversified businesses grew across the board
Description of the incident On March 21, 2024, Maogan Entertainment announced the 2023 annual results: in 2023, the company achieved revenue of 4.757 billion yuan, an increase of 105.1% over the previous year; achieved net profit of 908 million yuan, compared with the same period last year
Maogan Entertainment (1896.HK) 2023 Performance Review: Outstanding Performance, Continued Increase in Video Participation, Rich Content Reserve
Event: The company released its 2023 performance report, achieving operating income of 4.757 billion yuan, YoY +105.1%, adjusted net profit of 1,029 billion yuan, YoY +342.2%. Offline entertainment industry returns
Maoyan Entertainment's 2023 Profit Surges Ninefold as Revenue More Than Doubles
Maoyan Entertainment's (HKG:1896) attributable profit surged ninefold to 910.4 million yuan in 2023 from 105.2 million yuan in 2022, according to a Friday filing with the Hong Kong bourse. Earnings pe
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