2016 Wanda Culture Group's revenue target is 66.6 billion yuan Legendary Pictures 4 billion yuan

Wanda Chairman Wang Jianlin announced Wanda Group's 2015 work results and 2016 work goals. It is estimated that for 2016, Wanda Cinema will have 77 new movie theaters and 698 new screens (excluding mergers and acquisitions); Legendary Pictures plans to have revenue of 4.02 billion yuan; Wanda Film and Television Media plans to have revenue of 1 billion yuan, a year-on-year increase of 71%.

Today, Wanda Group's annual meeting was held at the newly opened Xishuangbanna International Resort. Wanda Chairman Wang Jianlin announced Wanda Group's 2015 work results and 2016 work goals.

Wang Jianlin mentioned the four words "the world's largest" many times in his report. For example, he has become the world's largest real estate company, the world's largest film company, the world's largest sports industry, the world's largest children's entertainment company, the world's largest movie theater line, and the world's largest five-star hotel owner; strive to build the world's largest tourism company; strive to build the world's largest commercial OTO platform.

Wang Jianlin also revealed that Wanda currently has more than a dozen cultural tourism cities in China and will go to sea in 2016 to enter one or two countries, and they must be developed countries. Adopt an asset-light model to truly export China cultural brands to foreign countries.

Wanda will basically complete its transformation goals in 2016. To this end, Wanda will not hesitate to lower its total revenue target by 12%, basically bid farewell to the asset-heavy model and achieve "de-real estate".

In addition, in terms of mergers and acquisitions, Wang Jianlin revealed that the pace in 2016 is still "buy, buy", with at least 3 major international mergers and acquisitions and 2 major domestic mergers and acquisitions completed.

The following is some of the data content compiled based on Wang Jianlin's speech:

In 2015, all tasks were exceeded.

In 2015, Wanda Group's assets (based on cost method data) reached 634 billion yuan, a year-on-year increase of 20.9%; revenue was 290.16 billion yuan, completing the annual plan. 109.3%, a year-on-year increase of 19.1%; net profit (unaudited) is expected to also increase significantly year-on-year.

Wanda Commercial, a subsidiary of Wanda Group, had revenue of 190.45 billion yuan in 2015, completing 101.3% of its annual plan, a year-on-year increase of 4.4%. Among them, the contract income from real estate business was 164.08 billion yuan, completing 101.5% of the annual plan, a year-on-year increase of 2.5%; 26 Wanda Plaza were newly opened; the leasing income of Wanda Plaza was 14.4 billion yuan, completing 101.1% of the annual plan, a year-on-year increase of 30.7%; Due to the significant increase in rents, the rent collection rate and property management fee collection rate have reached 100%, and the proportion of rental profit in Wanda's commercial profits is expected to exceed 35%.

Wang Jianlin: 2016 was the "critical year" for Wanda's transformation

, and 10 hotels were opened, with 2796 new hotel rooms, with a total number of 21961 rooms; hotel revenue was 5.24 billion yuan, completing 101% of the annual plan, a year-on-year increase of 22.5%; Hotel owners 'profits were 710 million yuan, completing 119.7% of the annual plan, a year-on-year increase of 22.4%.

The newly added property area is 4.755 million square meters, and the cumulative property area is 26.321 million square meters (excluding the property area held by Wanda Group), a year-on-year increase of 22%. The annual passenger flow of Wanda Plaza and Feifan Cooperative Commercial Center is 4.62 billion, of which Wanda Plaza has an annual passenger flow of 2.03 billion. Wanda's commercial other income was 6.73 billion yuan.

Wanda Culture Group's revenue in 2015 was 51.28 billion yuan, completing 114% of its annual plan, a year-on-year increase of 45.7%. Among them, AMC in the United States estimates based on the announced revenue of 14 billion yuan in the first three quarters of 2015. The annual revenue exceeds 19 billion yuan, exceeding the full-year plan, and the year-on-year growth is expected to exceed 9%.

Wanda Cinema's revenue was 8 billion yuan, completing 120.4% of the annual plan, a year-on-year increase of 49.9%, and box office was 6.3 billion yuan, a year-on-year increase of 49.6%. Online box office revenue exceeded 4 billion yuan, a year-on-year increase of more than 240%. 65% of box office revenue came from online; There are more than 50 million members of the "heartthrob", accounting for more than 80% of member consumption; 151 million movie-goers, a year-on-year increase of 48.9%; 941 new screens were added, and a total of 292 theaters were opened with 2,557 screens. Wanda Theater's occupancy rate is 1.9 times the industry average, and single-screen revenue is 2.1 times the industry average. Wanda Film and Television Media Co., Ltd. had a box office of 6.15 billion yuan and a revenue of 580 million yuan, completing 180% of the annual plan and a year-on-year increase of 36.1%. The box office and revenue ranked first among domestic private enterprises. Wuzhou Film Distribution Company issued box office of 6.7 billion yuan, accounting for 24% of the domestic film market share; its revenue was 1.65 billion yuan, completing 183.7% of the annual plan; only one year after its establishment, Wuzhou Film Distribution ranked first among private enterprises in box office and revenue.

Wanda Tourism's revenue was 12.01 billion yuan, completing 111.7% of the annual plan, a year-on-year increase of 59.8%.

Wanda Sports Holdings 'revenue was 5.87 billion yuan, completing 132.7% of the annual plan. Wanda Children's Entertainment has opened 51 new stores, with a total of 60 stores opened, with revenue of 220 million yuan, completing 103.6% of the annual plan. Cultural Group's other income was 3.81 billion yuan.

Wanda Financial Group's revenue was 20.89 billion yuan, completing 697% of its annual plan. Wanda Department Store's revenue was 23.05 billion yuan, completing 102.3% of its annual plan, a year-on-year increase of 11.1%. The group's other income was 4.5 billion yuan.

In 2016, the transformation target must be basically completed.

In 2016, Wanda Group's assets reached 750 billion yuan and its revenue was 254.3 billion yuan; it was down 12% year-on-year in 2015. The main reason for the decline in revenue target was that Wanda Commercial actively lowered its real estate revenue by 64 billion yuan, but the Group's net profit must maintain a large growth.

Wanda Commercial's planned revenue in 2016 is approximately 130 billion yuan. Although the revenue target is lowered, the net profit target will maintain double-digit growth; real estate contract revenue is approximately 100 billion yuan; completion and occupancy income is approximately 110 billion yuan; 55 Wanda Plaza has been opened, the number has doubled compared with 2015; rental income is approximately 19.5 billion yuan; 14 hotels have been opened, with revenue of 6.14 billion yuan; 5.8 million square meters of newly held properties; There are 71 new development projects, including 1 Chinese tourism project, 3 asset-heavy Wanda Plaza, and 54 asset-light Wanda Plaza.

Wanda Culture Group's 2016 revenue target is 66.64 billion yuan, a year-on-year increase of 30%. Among them, AMC's planned revenue is 21.04 billion yuan;Wanda Cinema Line has 77 newly opened cinemas and 698 new screens (excluding mergers and acquisitions);Legendary Pictures 'planned revenue is 4.02 billion yuan;Wanda Film and Television Media's planned revenue is 1 billion yuan, a year-on-year increase of 71%; Wuzhou Film and Television Distribution Plan Box Office is 9 billion yuan, with revenue of 1.76 billion yuan, a year-on-year increase of 10.6%; Wanda Tourism Plan Revenue is 16.17 billion yuan; Wanda Theme Entertainment Company's planned revenue is 1.77 billion yuan; Wanda Children's Entertainment Plan revenue is 780 million yuan; Wanda Sports Holdings Plan revenue is 7 billion yuan; Cultural Group's other income is 730 million yuan.

Wanda Financial Group's planned revenue in 2016 is 21.18 billion yuan; of which online finance revenue is 4.46 billion yuan, active members exceed 100 million, 50 million Feifan cards are issued, and 1000 new Feifan cooperative commercial centers are added; Centennial Life's planned revenue is 16.52 billion yuan; The investment company completed 3 major overseas mergers and acquisitions and 2 major domestic (excluding theaters) mergers and acquisitions.

Wanda Department Store plans to revenue 17.53 billion yuan in 2016, achieving overall profit; other group companies plan to revenue 4.92 billion yuan.

Editor: vian