Guojin Securities: Risk appetite is expected to shift at the end of the performance period, and the media industry suggests focusing on investment opportunities in three directions

As the performance period comes to an end, risk appetite is expected to shift to the media industry. It is recommended to focus on three directions.

Zhitong FinanceApr 29 14:46

Light Media (300251): AI enabling+production line expansion is expected to smooth the product cycle, and pay attention to the “Nacha 2” schedule

Event: 1) Performance situation: The company issued an announcement. In '23, the company achieved revenue of 1,546 million yuan (yoy +104.74%) and realized net profit of 418 million yuan (year-on-year loss turned into profit); 24Q1 company achieved revenue

華安證券Apr 27 00:00

Dongfang Wealth Securities released a research report on April 26 stating that it gave Optical Media (300251.SZ) an increase in holdings rating. The main reasons for the rating include: 1) the film market has recovered strongly, and many films have perfor

Dongfang Wealth Securities released a research report on April 26 stating that it gave Optical Media (300251.SZ) an increase in holdings rating. The main reasons for the rating include: 1) the film market has recovered strongly, and many films have performed well; 2) continued high growth in the first quarter, and subsequent film performance can be expected; 3) profit margins have improved markedly, and expenses have declined. (Mainichi Keizai Shimbun)

Zhitong FinanceApr 26 15:54

Tianfeng Securities released a research report on April 25 stating that it gave Light Media (300251.SZ) a purchase rating. The main reasons for the rating include: 1) the film business has performed well and costs are well controlled; 2) there are many hi

Tianfeng Securities released a research report on April 25 stating that it gave Light Media (300251.SZ) a purchase rating. The main reasons for the rating include: 1) the film business has performed well and costs are well controlled; 2) there are many high-profile animated films to be screened, and AI technology helps increase production capacity; 3) the TV series product line continues to be rich, and TV drama revenue is expected to grow in 24 years; 4) the development or contribution of various business formats such as artist brokerage, music, reality entertainment, and production investment to the company. (Mainichi Keizai Shimbun)

Zhitong FinanceApr 25 19:36

Guoxin Securities released a research report on April 24 stating that it gave Optical Media (300251.SZ) a purchase rating. The main reasons for the rating include: 1) the company's revenue and profit continued to grow in the first quarter of 2023 and 2024

Guoxin Securities released a research report on April 24 stating that it gave Optical Media (300251.SZ) a purchase rating. The main reasons for the rating include: 1) the company's revenue and profit continued to grow in the first quarter of 2023 and 2024; 2) the box office boom led to an increase in gross margin, and the expense ratio decreased by 5.6 percentage points; 3) the film industry is booming, and the company's film and TV drama business has performed well; 4) 2024 is rich in content reserves, and “Nana” is expected to continue to drive performance growth. (Mainichi Keizai Shimbun)

Zhitong FinanceApr 24 18:48

Light Media (300251): High quality videos drive sharp growth in 24Q1 performance, rich content reserves, waiting for future results to be released

Incident description The company released the 2023 annual report and 2024Q1 quarterly report: in 2023, the company achieved revenue of 1,546 billion yuan, an increase of 104.74% over the previous year; realized net profit of 418 million yuan, an increase of 15 million yuan over the previous year

長江證券Apr 24 18:36