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Revenue Beat: Shanghai Film Co., Ltd. Beat Analyst Estimates By 56%
Third Quarter Report 2024
The box office of Shanghai film weakens, the number of viewers decreases, and the performance of Shanghai film in the first three quarters is under pressure. | Interpretations
① Due to the weak performance of the large cap film market this year combined with the decline in audience numbers, the revenue and net profit of Shanghai film in the first three quarters decreased year-on-year. ② Considering the smooth progress of the company's major IP business, a blockbuster animated film is scheduled for release next year, and institutions expect the company to have a prosperous year in terms of product development.
Shanghai Film (SHSE:601595) Increases 7.5% This Week, Taking Three-year Gains to 176%
Why Investors Shouldn't Be Surprised By Shanghai Film Co., Ltd.'s (SHSE:601595) 39% Share Price Surge
Shanghai Film: Two animated works will be launched next year | Focus on the earnings conference
①At today's earnings conference, the secretary of the board of directors of shanghai film revealed that two highly anticipated animated works, 'Summer of Little Monsters' and 'Chinese Tales 2', are currently in the production process, and are scheduled to be launched in 2025; ②In addition, the shortage of high-grossing quality films has disrupted the cinema's business model that mainly relies on box office revenue from release schedules. Shanghai film has begun to implement a new spatial operation plan focusing on core business districts.
Investors Appear Satisfied With Shanghai Film Co., Ltd.'s (SHSE:601595) Prospects As Shares Rocket 31%No Data
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