Jetsen's net profit increased by 273% in the first half of the year, accounting for more than 80% of revenue from the film and television sector

On the evening of August 1, Jebsen released its 2016 semi-annual report. The report showed that the company achieved operating income of 1.369 billion yuan, a year-on-year increase of 114%; net profit of 403 million yuan, a year-on-year increase of 273%.

Original title: Jetsen's interim net profit exceeded 400 million yuan, a year-on-year increase of 273%

. On the evening of August 1, Jetsen released its 2016 semi-annual report. The report showed that the company achieved operating income of 1.369 billion yuan, a year-on-year increase of 114%; net profit of 403 million yuan, a year-on-year increase of 273%. The announcement shows that the main business income during the reporting period mainly came from three parts: overall audio and video solutions, film and television content production, and film and television copyright operations and services. The significant increase in revenue in the first half of the year was mainly due to the smooth progress and integration of business related to film and television content and copyright operations. Among them, revenue from film and television drama content production was 415 million yuan, and revenue from film and television copyright operations and services was 386 million yuan, accounting for more than 80%.

The announcement also showed that in the first half of the year, the company successively won the bid and implemented multiple projects such as the State Administration of Radio, Film and Television, China Central Television, China People's Radio, Jiangsu Radio and Television Group, and Zhejiang Radio and Television Group. Driven by the national media integration strategy, the all-media integrated cloud service platform is developing into an important source of new business and revenue for the company.

According to the financial report, in the field of film and television content, Jetsen's shares business is mainly concentrated in film and television content production, copyright operations and other derivative industries. Many of the company's works were broadcast on CCTV or provincial satellite TV channels and major theaters and received considerable ratings. In fiscal year 2016, we purchased exclusive new media rights for a number of excellent film and television content, including the domestic movie masterpiece "Mermaid", the Oscar-winning film "The Wilderness Hunter","Business School Partner","Anti-Corruption Storm G Storm 2","Aladdin and the Magic Lamp" and other films and TV series. At the same time, Jetsen's "Seeking the Dragon", which enjoys exclusive new media copyright, gradually entered distribution channels; during the same period, it won the exclusive new media copyright of "Mermaid", which has box office exceeding 3 billion yuan.

In terms of TV dramas,"We were just right when we were young", which was produced by a wholly-owned subsidiary of Jebsen Co., Ltd., was popular on Dragon TV, Zhejiang TV and online videos.

It is understood that Jetsen has accumulated more than 40,000 hours of copyright content for film, television, animation, variety shows, education and other programs, covering 50% of the theater film market, 30% of the scale of prime TV series for TV stations and 40% of the scale of TV stations. Synchronized animation. The accumulation of high-quality copyrights is conducive to the steady improvement of the company's performance.

The announcement also shows that Jebsen has successively acquired 30% equity in Zhongxi Heli, 20% equity in Hongxi Juxin, and 25% equity in Star Times in the film and television content sector. It has been strongly enhanced and supplemented in the production of film and television content, especially TV dramas with military and spy themes., column production and advertising placement. It is worth mentioning that after Jetsen acquired China Vision Netcom in August last year, it officially merged China Vision Netcom's financial report in January this year, which has brought huge development and strategic support to it.

Jetsen said that in the future, it will increase the business integration of its restructured companies, straighten out the company's management structure of the company's content and technology integration business in media and cultural fields such as film and television content production, copyright operations, and cloud services of the national film and television program content trading platform. Make full use of the financial advantages, platform advantages, and industry resource advantages of listed companies to strengthen and expand the film and television content sector and create an overall high-quality Jetsen cultural brand.

Yien.com compiled and released it based on Securities Times and relevant public information

Editor: Nancy