Lei Jianping on April 30
Focus Media Information Technology Co., Ltd. (stock code: 002027, stock abbreviation: Focus Media) released its financial report yesterday. According to the financial report, Focus Media's revenue in 2023 will be 11.9 billion yuan, an increase of 26.3% from 9.425 billion yuan in the same period of the previous year, and still less than the 14.836 billion yuan in 2021.
Focus Media's net profit in 2023 will be RMB4.827 billion, an increase of 73% from RMB2.79 billion in 2022, RMB6.063 billion in 2021, RMB4.374 billion in 2023, up 82.68% from RMB2.394 billion in the same period last year, and RMB5.414 billion in 2021.
It can be seen that Focus Media's performance has been hit hard in the past two years, and although revenue and profits have recovered in 2023, they are still significantly lower than in 2021.
Focus Media's revenue in the fourth quarter of 2023 will be 3.228 billion yuan, with a net profit of 1.225 billion yuan, and a net profit of 1.117 billion yuan after deducting non-profits.
Focus Media's profit distribution plan approved by the board of directors is as follows: based on 14,442,199,726 shares, a cash dividend of 3.3 yuan (tax included) will be distributed to all shareholders for every 10 shares, and 0 bonus shares (tax included) will be given, and no reserve fund will be used to increase share capital. A total of $4.766 billion was distributed.
The media network covers more than 280 cities in China
Focus Media has built the largest media network in China's urban life circle. At present, the company's main business is the development and operation of life circle media, and the main products are building media (mainly including elevator TV media and elevator poster media, etc.) and cinema screen advertising media, etc., covering the work scenes, life scenes, entertainment scenes and consumption scenes of the mainstream consumer groups in the city, and integrating them into the life circle media network.
As of March 31, 2024, the company's life circle media network covers more than 280 cities in China, Hong Kong SAR, and 95 major cities in South Korea, Indonesia, Thailand, Singapore, Malaysia, Vietnam, India and Japan. Thereinto:
1. The company's elevator TV media self-operated equipment is about 1.051 million units (including about 154,000 units of media equipment of overseas subsidiaries), covering 99 major cities in China, Hong Kong Special Administrative Region and 95 major cities in South Korea, Indonesia, Thailand, Singapore, Malaysia, Vietnam, India and Japan;
2. The company's elevator poster media self-operated equipment is about 1.572 million units (including about 18,000 units of media equipment of overseas subsidiaries), covering 69 major cities in China, Hong Kong Special Administrative Region, Malaysia and India;
3. The company has 1,831 cinema media cooperation theaters and about 13,000 cinema halls, covering moviegoers in 271 cities in China.
In addition to the above-mentioned media network in the life circle, as of March 31, 2024, the company has about 65,000 elevator TV media equipment, covering 125 cities in China, and about 390,000 elevator poster media equipment in the company, covering 70 cities in China.
Ali is the third largest shareholder
As of December 31, 2023, Jiang Nanchun, Chairman and CEO of Focus Media, held 23.72% of the shares through Media Management Hong Kong Limited, 14.12% of the shares of Hong Kong Securities Clearing Co., Ltd., 6.13% of Alibaba (China) Network Technology Co., Ltd., and 1.71% of Gio2 Hong Kong Holdings Limited , BNP Paribas - 1.21% held by its own funds;
As of December 31, 2023, Focus Media's shareholding structure
Giovanna Investment Hong Kong Limited持股为1.04%，J.P.Morgan Securities PLC－自有资金持股为1.01%，全国社保基金一零九组合持股为0.69%，蒋中敏持股为0.62%，全国社保基金一一五组合持股为0.62%。
阿里网络与 Gio2(HK)、Giovanna Investment(HK)系一致行动人。
As of December 31, 2022, Media Management Hong Kong Limited held 23.72% of the shares, Hong Kong Securities Clearing Company Limited held 15.36% of the shares, Alibaba (China) Network Technology Co., Ltd. held 6.13% of the shares, Gio2 Hong Kong Holdings Limited held 1.71% of the shares, and BNP Paribas - Own Funds held 1.21% of the shares;
As of December 31, 2022, Focus Media's shareholding structure
Industrial and Commercial Bank of China Co., Ltd. - Oriental Red Ruixi Three-year Regular Open Flexible Allocation Hybrid Securities Investment Fund holds 0.77%, China Foreign Economic and Trade Trust Co., Ltd. - Foreign Trade Trust - Gao Yi Xiaofeng Hongyuan Collective Capital Trust Plan holds 0.76%, Jiang Zhongmin holds 0.62%, BNP Paribas - Own Funds holds 0.62%, and Fidelity Funds (Hong Kong) Co., Ltd. - Client Funds holds 0.59%.
It can be found that in 2023, the shareholding of Hong Kong Securities Clearing Co., Ltd. will decrease by 1.24 percentage points, and the National Social Security Fund 109 Portfolio and the National Social Security Fund 115 Portfolio will become the top 10 shareholders.
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