Wanda Cinema Line Corp

002739.CS▲

Summer Box Office Heats Up, Stirring Film Stock Swings; Ruyi Film Pulls Back After Two Consecutive Limit-Ups

The summer box office is heating up. Comedy film Kung Fu Women's Soccer crossed 1 billion yuan in box office on its seventh day of release, with a projected total of 2.56 billion yuan. Animated feature The Eight Immortals! has earned over 80 million yuan from previews and pre-sales, and the industry sees it as having the potential to surpass 1 billion yuan. In the capital markets, the film and cinema sector strengthened on July 16, with Ruyi Film, Shanghai Film, and Huanrui Century hitting their daily limit up. But the sector pulled back overall on the 17th. Ruyi Film, one of the producers of The Eight Immortals!, recorded two consecutive limit-ups on the 15th and 16th, then fell 2.23 percent on the 17th. Another Ruyi Film production, The Annual Meeting Can't Stop 2!, is also seen as a summer contender; its predecessor grossed nearly 1.3 billion yuan. The summer season's shift from a slow start to a strong run may boost confidence in a sluggish first-half film market. Upcoming releases include When the Stars Shine, Battle of Penghu, Spider-Man: Brand New Day, and The Odyssey.

000892.CS ▲002739.CS ▲601595.CG ▲

中国经营报·41dRead more ▾

002739.CS▼3

Ruyi Film expects first-half net loss of at least 120 million yuan

Ruyi Film disclosed its 2026 half-year performance forecast, expecting a net loss attributable to shareholders of the listed company of 120 million to 180 million yuan for the first half, compared with a profit of 535 million yuan in the same period last year. Net profit after deducting non-recurring items is expected to be a loss of 195 million to 255 million yuan, versus a profit of 480 million yuan a year earlier. The company said its directly operated domestic cinemas achieved box office revenue of 2.55 billion yuan, down 39.4 percent year on year, with 55.357 million admissions, down 32.8 percent. High fixed costs led to a phased loss in the domestic cinema business in the second quarter. However, market share rose 2.1 percent in the first half, and its Australian cinema chain, film and television content, and pop toy segments operated steadily, with several films it produced earning good reviews and box office returns. The company also disclosed progress on share buybacks. The first phase of the buyback plan has repurchased 17.9106 million shares for a total transaction amount of about 149 million yuan, and a second phase buyback plan of 150 million to 300 million yuan has been launched.

002739.CS ▼

澎湃新闻·44dRead more ▾