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Original Title: National Day Animated Archives, Cold Movies?
At the end of the eight-day vacation, the National Day film and television archive also came to an end, with nearly $ 4 billion at the box office ranking second in the National Day archive’s cinematic history.
The film was released in a concentrated fashion, the theater attendance rate increased to 75%, and the retaliatory consumer psychology of moviegoers, this archive of the National Day that just passed was also considered animated.
As the most watched, longest and final holiday this year, investors are also full of expectations for the National Day archive, hoping that the share price of film and television companies could turn against. from the wind, but on the first trading day after the public holiday on October 9, “Jiang Ziya” ProducerLight mediaThe opening price of the shares fell more than 12%. The producer of “My Hometown and Me”Beijing cultureThe opening price of the stock shook more obviously: As of press time, the share price has fallen more than 3%.
Nearly 4 billion box office, National Day archive ends
Affected by the epidemic, “Win the Championship”, “Vanguard” and the animated film “Jiang Ziya” originally scheduled for the Spring Festival archive were selected for release in the National Day archive. At the same time, “My Hometown and My Hometown”, “Home in One Point” and other movies also shot to get the National Day archives. The film was released in a concentrated fashion and the cinema attendance rate rose to 75%. Coupled with the retaliatory consumer psychology of moviegoers, the National Day archive ended up lively.
According to preliminary statistics from the National Film Financing Office, on file for the 2020 National Day (October 1-8), the domestic box office generated 3.952 billion yuan, attracting nearly 100 million people to view the film. , of which “My hometown and I” won 18.7 At the box office 100 million yuan, surpassed “Jiang Ziya” to become the National Day box office champion; “Jiang Ziya” ranked second with 1,384 billion yuan; “Winning Championship” ranked third with 360 million yuan at the box office; “Vanguard”, “I got home at one point”, etc. Listed later.
Compared to last year, until October 8, 2019, the three main melodic films “Me and my homeland”, “The captain of China” and “The climber” who had been fighting fiercely during the National Film Day had a combined gross income of more than 5 billion yuan at the box office, a record. . This year’s National Day box office is down.
The good news is sold out, the stock price is cold, Guangguang Media falls more than 10%
At the market opening on October 9, the share price of Guangguang Media, the producer of “Jiang Ziya”, caught the attention of the capital market. Guangguang Media opened lower on the first trading day after the holidays. The stock price fell 16.15% just two minutes after opening, then rebounded slightly. As of press time, Guangguang Media has fallen more than 10%, with a total market value of approximately 43.6 billion yuan.
The share price of Beijing Culture, one of the producers of “My Hometown and Me”, also suffered a fall, which at press time had fallen by 3.59%.
From the perspective of the film and television industry, Wind data shows that, as of press time, the film and television index has risen 0.85%, the share prices of 18 listed companies have risen, and Stock prices of 10 listed companies have fallen. Guangguang Media had the largest decline, followed by Beijing Culture andWanda Movies、Shanghai Movie、Hengdian Film and TelevisionWait.
Some people in the industry are not surprised that the stock price of the top producer of the National Day movie has dropped after the holidays. Industry insiders told the Beijing News Shell Finance reporter: “Everyone knows that the box office for the National Day will be good, and the good will run out. Not surprisingly, the stock prices of companies like Guangguang Media and Beijing Culture fall after National Day. “
Last year, in the year when the box office was the best for National Day, there was also a situation where the good was sold out. With the rise of the Shanghai Stock Exchange and the Shenzhen Stock Exchange, film and television shares fell 2.67% together on the first day after the holidays. Only 6 publicly traded film and television companies rose. The share prices of 23 publicly traded television and film companies fell to varying degrees. Shanghai film limit reduction closed,Happy blue ocean, Beijing culture,Chinese movie, Wanda Film and Television, Light Media,Huayi Brothers, Jinyi Studios and Hengdian Film and Television fell more than 5%.
The steep box office losses in the first half of the year remain a “life-saving talisman” for film and television companies.
Although the share price is slow, the high box office of the National Day archive remains a source of profit for publicly traded film and television companies.
“Jiang Ziya” won the second place at the National Day box office with 1,384 million yuan. Although viewers praised and criticized the film, such as the companion article to “Nezha: The Devil Boy,” high expectations drove the audience to the cinema.Western valuesAccording to the research report, the industry expects the box office of “Jiang Ziya” to be between 1.5 billion yuan and 20 billion yuan, which now appears to have been achieved.
“Jiang Ziya” will also become a drop that will save Light Media’s life. The semi-annual report released by Light Media shows that during the reporting period, Light Media achieved an operating income of 259 million yuan, a year-on-year decrease of 77.86%. Net profit attributable to shareholders of listed companies was 20.572 million yuan, a year-on-year decrease of 80.46%, and net profit attributable to non-deductibles was -13.187 million yuan, a year-on-year decrease from 119.22%. “Jiang Ziya” will bring a performance change for Guangguang Media.
This year’s National Day box office champion “My Hometown and Me,” the producer of Beijing Culture, is also in dire need of a blood transfusion. In the first half of 2020, Beijing Culture made an operating income of 5,648,500 RMB and a net loss of 64,298,300 RMB.
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