Bona Film Group Third Quarter 2024 Earnings: CN¥0.16 loss per share (vs CN¥0.021 profit in 3Q 2023)

Bona Film Group (SZSE:001330) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥319.6m (down 32% from 3Q 2023).
• Net loss: CN¥215.8m (down from CN¥28.6m profit in 3Q 2023).
• CN¥0.16 loss per share (down from CN¥0.021 profit in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bona Film Group Earnings Insights

Looking ahead, revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Entertainment industry in China.

Performance of the Chinese Entertainment industry.

The company's shares are up 23% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Bona Film Group's balance sheet.

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