m******u
发帖数: 12400 | 1 BEIJING, Nov. 14, 2013 (GLOBE NEWSWIRE) -- Bona Film Group Limited(Nasdaq:
BONA) ("Bona" or the "Company"), a leading film distributor and vertically
integrated film company in China, today announced its unaudited financial
results for the third quarter ended September 30, 2013.
"Overall, I am very pleased with the results that we delivered in the third
quarter," said Bona founder, Chairman and CEO Mr. Yu Dong. "We distributed
three strong films - Unbeatable, My Lucky Starand Out of Inferno 3D, and
continued to generate robust top and bottom line growth. Additionally, we
executed on several strategic initiatives that will enable Bona to extend
our competitive advantages in film investment and production, expand our
theater network and enhance long-term shareholder value. We believe the
investment in our Company by Fosun Group at the end of the third quarter
sends a strong message to the market that Bona is committed to achieving its
goal of becoming China's largest non-state owned film producer, distributor
and exhibitor, and we have influential and committed investors and partners
willing to support our ambitions."
Third Quarter 2013 Financial Summary
Third quarter 2013 net revenues were US$35.0 million, compared with US$
24.6 million in the third quarter of 2012.
Third quarter 2013 gross profit was US$19.8 million, compared with US$13
.6 million in the third quarter of 2012.
Third quarter 2013 gross margin was 56.6%, compared with 55.4% in the
third quarter of 2012.
Third quarter 2013 net income attributable to Bona Film Group Limited
was US$2.8 million, or US$0.05 per diluted ADS1, compared with net income
attributable to Bona Film Group Limited of US$1.3 million, or US$0.02 per
diluted ADS, in the third quarter of 2012.
Third quarter 2013 non-GAAP net income2 was US$3.7 million, or US$0.06
per diluted ADS compared to non-GAAP net income of US$2.4 million, or US$0.
04 per diluted ADS, in the third quarter of 2012.
Third quarter 2013 EBITDA, non-GAAP2, was US$6.2 million, compared with
US$3.7 million in the third quarter of 2012.
Cash and cash equivalents, term deposits and restricted cash totaled US$
41.7 million as of September 30, 2013.
Cash outflow from operating activities totaled US$24.0 million, compared
with cash outflow from operating activities of US$12.2 million in the third
quarter of 2012.
Third Quarter 2013 Business Updates and Recent Highlights
Distributed and invested in a total of three films in the third quarter
- Unbeatable, My Lucky Starand Out of Inferno 3D.
Released Unbeatable on August 16, 2013. The award-winning action drama
directed by Dante Lam and starring Nick Cheung and Eddie Peng, has generated
over RMB 117 million in domestic ticket sales and taken in HKD 44.6 million
in Hong Kong to date, making it the highest grossing Chinese language film
in Hong Kong this year.
Released My Lucky Star, the romantic comedy prequel to the hit 2009 film
Sophie's Revenge and starring Ziyi Zhang and Leehom Wang, on September 17,
2013. The film has already generated RMB 136.5 million in domestic box
office receipts.
Released Out of Inferno 3D, the first 3D Chinese language disaster film,
on September 30, 2013. Directed by Oxide and Danny Pang and starring
renowned Hong Kong actors, Sean Lau, Louis Koo and Angelica Lee, the film
has generated RMB 132.1 million in box office receipts to date.
Completed post-production work on The White Storm (formerly The Cartel
War). A crime thriller starring three of Hong Kong's most popular film stars
- Sean Lau, Louis Koo and Nick Cheung, the film opened the recent Hong Kong
Asian Film Festival and will be released in China on November 29, 2013.
Received regulatory approvals to distribute the Hollywood action comedy
Red 2, starring Bruce Willis, Helen Mirren, John Malkovich and Anthony
Hopkins. The film is scheduled for release in China on November 15, 2013.
Wrapped up shooting on the crime action comedy, From Vegas to Macau,
starring Chow Yun-Fat, Nicholas Tse and Tian Jing. Directed by Wong Jing, it
is tentatively scheduled for release around the Chinese New Year in early
2014.
Completed filming and began post production work on Overheard 3, the
latest installment in our popular Overheard franchise. This police action
film, explores the inside story of Hong Kong's real estate business. The
film is co-directed by Alan Mak and Felix Chong and stars Sean Lau, Louis
Koo, Daniel Wu and Xun Zhou. It is tentatively scheduled for release in
early 2014.
Put the finishing touches on filming of the psychological thriller,
Insanity, a new film produced by Derek Yee, directed by Guangyao Li and
starring Sean Lau and Xiaoming Huang. The film is tentatively scheduled for
release in 2014.
Announced the launch of an RMB 1 billion (approximately US$163.4 million
) film fund through a partnership with Sequoia Capital Management Ltd. and
Noah Holdings Ltd. to finance the development and production of film and TV
projects over the next two years.
Further improved ownership structure with investment from Fosun Group to
acquire 2,000,000 Bona ordinary shares, representing a 6.4% equity stake,
at an average price of US$10.40 per ordinary share, or US$5.20 per ADS.
Actively working with Fosun to identify how to best leverage each other's
resources.
Eight new theater locations are currently undergoing or about to enter
the construction stage, including Sanya, Liuzhou, Zibo, Taiyuan, Ningbo,
Shenzhen Huangting, Shenzhen Xinghe and Wuhan, with the Zibo theater on
track to officially start operations by the end of this year.
Third Quarter 2013 Financial Results
Net Revenues
3Q13 3Q12 Y-o-Y%
Net Revenues (US$mm) 35.0 24.6 42.1%
Net revenues for the third quarter of 2013 increased 42.1% year-over-year to
US$35.0 million. The increase in net revenues was primarily attributable to
an increase in revenues from the Company's movie theater and film
distribution segments. The Company distributed three films in the third
quarter of 2013 compared to two films in the third quarter of 2012.
Net Revenues by Segment Operations
Film Distribution Investment & Production Movie Theater
Talent Agency Intersegment Elimination Consolidated
Net Revenues from External Customers (US$mm) 18.2 1.4 15.2 0
.2 -- 35.0
Intersegment Revenues (US$mm) 0.6 12.2 -- -- (12.8) | j****7
发帖数: 786 | 2 thank you! i didn't know in mitbbs, you can copy and paste that long
paragraph! | d*****d
发帖数: 10658 | 3 感觉不错啊。
third
【在 m******u 的大作中提到】
: BEIJING, Nov. 14, 2013 (GLOBE NEWSWIRE) -- Bona Film Group Limited(Nasdaq:
: BONA) ("Bona" or the "Company"), a leading film distributor and vertically
: integrated film company in China, today announced its unaudited financial
: results for the third quarter ended September 30, 2013.
: "Overall, I am very pleased with the results that we delivered in the third
: quarter," said Bona founder, Chairman and CEO Mr. Yu Dong. "We distributed
: three strong films - Unbeatable, My Lucky Starand Out of Inferno 3D, and
: continued to generate robust top and bottom line growth. Additionally, we
: executed on several strategic initiatives that will enable Bona to extend
: our competitive advantages in film investment and production, expand our
| m******u
发帖数: 12400 | 4 明天上8？
发信人: desmond (葱油饼), 信区: Stock
标 题: Re: BONA ER results
发信站: BBS 未名空间站 (Thu Nov 14 17:46:41 2013, 美东)
感觉不错啊。 | d*****d
发帖数: 10658 | 5 哪里有estimate数据啊？就本身来说数据不错。
【在 m******u 的大作中提到】
: 明天上8？
: 发信人: desmond (葱油饼), 信区: Stock
: 标 题: Re: BONA ER results
: 发信站: BBS 未名空间站 (Thu Nov 14 17:46:41 2013, 美东)
: 感觉不错啊。
| m******u
发帖数: 12400 | 6 yahoo、msn money 都有 estimate。
发信人: desmond (葱油饼), 信区: Stock
标 题: Re: BONA ER results
发信站: BBS 未名空间站 (Thu Nov 14 17:54:50 2013, 美东)
哪里有estimate数据啊？就本身来说数据不错。 | k********8
发帖数: 7948 | 7 VERY IMPRESSIVE!
WELL DONE!
I MIGHT JUST LEAVE IT ALONE AND LET IT GROW BABY!
third
【在 m******u 的大作中提到】
: BEIJING, Nov. 14, 2013 (GLOBE NEWSWIRE) -- Bona Film Group Limited(Nasdaq:
: BONA) ("Bona" or the "Company"), a leading film distributor and vertically
: integrated film company in China, today announced its unaudited financial
: results for the third quarter ended September 30, 2013.
: "Overall, I am very pleased with the results that we delivered in the third
: quarter," said Bona founder, Chairman and CEO Mr. Yu Dong. "We distributed
: three strong films - Unbeatable, My Lucky Starand Out of Inferno 3D, and
: continued to generate robust top and bottom line growth. Additionally, we
: executed on several strategic initiatives that will enable Bona to extend
: our competitive advantages in film investment and production, expand our
| A*******m
发帖数: 2326 | 8 盘后跌了不少
【在 k********8 的大作中提到】
: VERY IMPRESSIVE!
: WELL DONE!
: I MIGHT JUST LEAVE IT ALONE AND LET IT GROW BABY!
:
: third
| d*****d
发帖数: 10658 | 9 xiexie,好像revenue miss得蛮多的，预估平均43.57M，结果只有35m。明天怎么走不好
说。
【在 m******u 的大作中提到】
: yahoo、msn money 都有 estimate。
: 发信人: desmond (葱油饼), 信区: Stock
: 标 题: Re: BONA ER results
: 发信站: BBS 未名空间站 (Thu Nov 14 17:54:50 2013, 美东)
: 哪里有estimate数据啊？就本身来说数据不错。
| j****7
发帖数: 786 | 10 last trade 5.59 in afterhour...hopefully no bloodbath tomorrow | | | A*******m
发帖数: 2326 | 11 现在看起来量也不大，才1400股，看看明天吧
【在 j****7 的大作中提到】
: last trade 5.59 in afterhour...hopefully no bloodbath tomorrow
| m******u
发帖数: 12400 | | m******u
发帖数: 12400 | 13 这个ER支持一个是么样的股价？5-10元区间？还是10以上。
发信人: kelvin2088 (哈罗哈精神), 信区: Stock
标 题: Re: BONA ER results
发信站: BBS 未名空间站 (Thu Nov 14 17:58:06 2013, 美东)
VERY IMPRESSIVE!
WELL DONE!
I MIGHT JUST LEAVE IT ALONE AND LET IT GROW BABY! | w****k
发帖数: 6244 | 14 假设年EPS 2毛， growth rate 50%每年, 40-50 倍PE。
那值个 8-10块？
【在 m******u 的大作中提到】
: 这个ER支持一个是么样的股价？5-10元区间？还是10以上。
: 发信人: kelvin2088 (哈罗哈精神), 信区: Stock
: 标 题: Re: BONA ER results
: 发信站: BBS 未名空间站 (Thu Nov 14 17:58:06 2013, 美东)
: VERY IMPRESSIVE!
: WELL DONE!
: I MIGHT JUST LEAVE IT ALONE AND LET IT GROW BABY!
| d*****d
发帖数: 10658 | 15 $博纳影业(BONA)$ misses by $0.01.worse than the Capital IQ Consensus
Estimate of $0.07; revenues rose 42.3% year/year to $35 mln vs the $43.6 mln
consensus. --->
这群人估得实在太高点了吧，明天如果到5左右暴乳！
【在 m******u 的大作中提到】
: 明天血洗。悲催啊。
| r***l
发帖数: 9084 | 16 这种小公司的er, 如果自己给了guidance,然后beat不少还有些意义。而beat所谓的
estimate意义不大的，因为追踪股票的analyst就没几个 | B**********r
发帖数: 7517 | 17 跟华谊兄弟比比，就知道博纳很便宜。
Q4降低预期，明年的outlook不差。5块左右就闭着眼睛买好了。中国股市的未来就是这
些公司，不是四大行和各种僵死大国企。
预测：2014年股价上两位数。
【在 w****k 的大作中提到】
: 假设年EPS 2毛， growth rate 50%每年, 40-50 倍PE。
: 那值个 8-10块？
| A*******m
发帖数: 2326 | 18 analyst真扯淡，明明之前的estimate是0.04，明明是beat的，结果出来0.05之后，突
然把estimate改成了0.07，这摆明了坑人吗
【在 r***l 的大作中提到】
: 这种小公司的er, 如果自己给了guidance,然后beat不少还有些意义。而beat所谓的
: estimate意义不大的，因为追踪股票的analyst就没几个
| m******u
发帖数: 12400 | | B**********r
发帖数: 7517 | 20 可能很多人看到Q4的outlook更重要，我觉得更长期的(明年及以后）更更重要。
【在 A*******m 的大作中提到】
: analyst真扯淡，明明之前的estimate是0.04，明明是beat的，结果出来0.05之后，突
: 然把estimate改成了0.07，这摆明了坑人吗
| | | A*******m
发帖数: 2326 | 21 那这么看，这次ER应该促进股价上涨吧？
【在 B**********r 的大作中提到】
: 可能很多人看到Q4的outlook更重要，我觉得更长期的(明年及以后）更更重要。
| y***k
发帖数: 1078 | 22 这次给Q4的 net income outlook很低啊。Q3是3.7M. 不知他们怎么预计的。Q4比Q3能
差这么多啊。感觉很fishy。
Based on current market and operating conditions, the Company expects non-
GAAP net income for the fourth quarter of 2013
to be in the range of US$2.0 million to US$2.5million
【在 A*******m 的大作中提到】
: 那这么看，这次ER应该促进股价上涨吧？
| h***0
发帖数: 1184 | |
|
