Half of 49 affiliated companies lose Huayi Brothers investment losses

The annual net profit of Huayi Brothers ("Huayi Brothers") increased by 172.23% over a year earlier. Huayi will be the main reason for the red performance of the core business of sound development, film and television copyright value continues to improve. In contrast to the high overall performance growth of Huayi Brothers, according to the "2013 major financial data of the company wholly owned or holding companies and equity companies" released by Huayi Brothers March 27, the disclosed 49 affiliated companies, except that Tongling cinemas did not mark the above revenue profit status, There are 23 Huayi Brothers affiliated companies with a negative net profit. Beijing Huayi Brothers Times Culture Brokerage Co., Ltd. for example, operating profit loss of 2.6125 million yuan, net profit loss of 1.9939 million yuan. The company was founded in 2000, mainly engaged in film and television drama film, advertising endorsement, image packaging, performance, legal advice and so on. Huayi Brothers 2013 Annual sales of artists brokerage and related services decreased by 30.11% to 161 million yuan. Huayi Brothers explained that the artist brokerage is a resource-based business, not a major contributor to the company's performance. As early as three years ago, the Huayi brothers mentioned in the 2011 Annual report that the Chinese artists brokerage Service market is characterized by "low market concentration and high degree of marketization". Most of the 23 affiliated companies that show negative values are Huayi brothers ' investment in cinema companies. Huayi Brothers Theatre Investment Co., Ltd. operating profit loss of 12.4028 million yuan, the net profit of 14.1058 million yuan loss. In Shanghai, Shenzhen, Harbin, Shenyang, Chongqing and other place to set up a theater management company's net profit loss of 1.5917 million yuan, 1.538 million yuan, 245,200 yuan, 5.5354 million yuan, 6.5556 million yuan. It is the concern of the Huayi brothers how to deal with these liabilities and net profit losses. From the Investment Palm technology (market, interrogation), mergers and acquisitions of silverside technology, Huayi Brothers layout A different path with peers, and from the capital market profit quite abundant, enrich the business sector. March 27, Zhongjun to investors that Huayi Brothers do not rule out continuing to invest in gaming companies. In the development of film City, tourism real estate, Huayi Brothers continue to exert their force. Zhongjun revealed that during the Spring Festival, Hua Yi Investment in Hainan Tourism town trial, so that the tourist population of Haikou historically surpass the tourist population of Sanya, the tourist point occupy Haikou tourism 30%. Huayi Brothers through the wholly-owned subsidiary Huayi Brothers (Tianjin) Real Entertainment Co., Ltd. to invest in "Mission Hills, Huayi Feng Xiaogang film commune" project, the Virtual entertainment company 2013 Annual net profit of 56.2832 million yuan, and the company and Feng Xiaogang Studio joint venture Hainan Mission Hills Hua Feng Cultural tourism industry in 2013 net profit also reached 53.6141 million yuan. 49 Huayi Brothers Related company performance the difference between two days of ice and fire shows the change of the investment focus of Huayi. March 27, Dong Hu Ming to the 21st century Economic report that 15 of the 49 companies are wholly-owned cinemas, "because nowIn the law, each to a new city, we need a new law subject, therefore, 15 companies profit and loss situation is not our special independent pursuit. Our assessment of operating results (the standard) is the content of the channel, plus derivatives, we are based on this section to classify. Zhongjun said that Huayi Brothers involved in theater business is "the most expensive time", outspoken "inappropriate intervention, so the pace of development is not so fast." "It is now found that the whole film entertainment this big concept and theater is low return, the relative assets of the point, low returns, and the whole Huayi Brothers strategy is biased." "On the Future of investment cinemas, he stressed that Huayi was" very cautious and moderately developing cinemas. "