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Beijing Culture: Box office announcement for the movie “Fengshen Part 2: Battle in Xiqi”
Beijing Jingxi Culture & Tourism (000802.SZ): As of February 4, the revenue from "Fengshen Part II: The Battle of Xiqi" is approximately 0.09 billion yuan to -0.12 billion yuan.
On February 5th, Gelonghui reported that Beijing Jingxi Culture & Tourism (000802.SZ) announced that the movie "Fengshen Part Two: Battle of Xiqi" (hereinafter referred to as "the film"), produced, made, and distributed by the company, has been released in mainland China since January 29, 2025, at 09:00. According to data from China Film Co., Ltd., as of February 4, 2025, at 24:00, the film has been in theaters in mainland China for 7 days, with a cumulative box office revenue (including service fees) of approximately RMB 1.013 billion, which exceeds 50% of the revenue from the company's most recent audited consolidated financial statements for the financial year. As of February 4, 2025, the company
Beijing Culture: 2024 Annual Performance Forecast
Beijing Jingxi Culture & Tourism (000802.SZ): The projected loss for 2024 is between 0.133 billion yuan and -0.196 billion yuan.
Gelonghui, on January 24, reported that Beijing Jingxi Culture & Tourism (000802.SZ) announced its performance forecast for 2024. The net income attributable to the shareholders of the listed company is expected to be a loss of 0.133 billion yuan to 0.196 billion yuan, with a net income loss of 0.135 billion yuan to 0.198 billion yuan after excluding non-recurring gains and losses. The basic EPS is expected to be a loss of 0.1858 yuan per share to 0.2738 yuan per share, with revenue expected to be between 0.305 billion yuan and 0.35 billion yuan. Adjusted revenue is also expected to be between 0.305 billion yuan and 0.35 billion yuan. During the reporting period, the company adjusted its business layout and increased its investment in television production, considering the market industry conditions and its own development.
The film market welcomes a "good start"! The pre-sale box office for the Spring Festival season easily surpasses 0.2 billion, with multiple A-share film and television companies gathering.
Short-term Bullish expectations for the improvement of the Large Cap during the 2025 Spring Festival period.
According to Open Source Securities, the total box office during the Spring Festival in 2025 is expected to reach a new high, focusing on production companies and film investment theater companies.
In recent years, the status of the Spring Festival period has gradually risen among all time periods throughout the year, with its share of the annual box office increasing from 10% in 2018 to 19% in 2024.