In 2016, Happy Mahua's revenue exceeded 290 million yuan, contributing more than half of the film and television business

during the tense sprint for IPO, Happy Mahua adjusted its balance sheet and cash flow statement for 2015 and 2016.

original title: happy mahua corrects the annual report data of the past two years is sprinting IPO May 27th, is sprinting IPO happy mahua issued 2015, 2016 annual report correction announcement, and the affected periods of the consolidated financial statements to make retroactive adjustments. From the point of view of the correction project, there are three major categories, involving remuneration accounting matters and publicity and promotion agency fees, major customers and employees. for compensation accounting and promotion agency fees, Happy Mahua adjusted its balance sheet and cash flow statement for 2015 and 2016. In terms of total assets, it will be counted as 1.08 million less and 690000 more in wages payable. what is even more curious is that there was a significant difference in the number of employees in the company in 2015. The pre-correction figure is 152, including 5 PhDs, while the corrected figure is 191, of which only 2 are PhDs. Happy Mahua is the "profit king" of the new third-board film and television company. The company's film "Charlotte annoyance" became a dark horse at the box office in 2015, grossing more than 1.4 billion yuan for Happy Mahua. The company has more than 10 years of stage experience, performed 1628 performances in 2016 and released "Shakespeare Don't be angry" and "QR Code Killer". In the company's film and television business, the black humorous film "Donkey gets the Water" grossed 170 million yuan at the box office. Douban was ranked as the highest-rated Chinese film in 2016 on the annual film list of Douban. however, the company's revenue in 2016 was 23.81% lower than that in 2015, mainly due to the fact that the 2015 film "Charlotte worry" contributed more revenue to the company, while the 2016 film "Donkey got Water" contributed relatively less revenue, resulting in an 85.61% drop in film, television and derivative business revenue in 2016 compared with 2015. On the other hand, revenue from the performance and derivatives business maintained growth in 2016, an increase of 42.60% over 2015.

profit status of Kaixin Mahua in its annual financial announcement

in addition, Happy Mahua entered the listing guidance period in January this year. However, under the background of strict inspection by relevant departments, any change in data will attract market attention, and even affect the progress of IPO.

original text of 2016 Happy Mahua Financial announcement

Editor: jessica