According to Sister Xue and others' opinions, the actual coverage rate is enough to reach 29%, which means that almost 7% of the cinemas are sold, including some of our original cinemas, which have been optimized.
Nazha was most interested in these things and asked curiously: Then how many cinemas and screens are we going to have?
In 2016, the number of cinemas in my country was 10,835, a year-on-year increase of 1,507%; in 2017, the number of cinemas reached 12,408, a year-on-year increase of 1,452%.
According to professional data, the number of screens nationwide in 2016 was 60,079, while in 2017, the total number of screens nationwide reached 69,787. The total number of screens in my country is currently ranked first in the world, surpassing the North American market in all respects.
Just by the number of theaters, we are definitely less than 30%, which is only 9%, which is about 1,000 stores. But we can't calculate this way. According to the screen-to-body ratio, we have almost 20,000 screens, and then integrate resources to sell some of the high overlap rate. In the end, we control the cinemas to 700 stores and the screen to 150,000, accounting for about 29% of the entire market share.
It seems that the decrease has been greatly reduced, but sometimes the accounts are not calculated in this way. Cinemas are different from other businesses. This is a special service industry calculated based on the threshold number of people. It depends on whether a cinemas makes money and has good operating capabilities. It mainly looks at the income of a single screen and the attendance rate of each session.
Simply put, if there are 20,000 screens now, the average number of cinemas is 160, and the average attendance rate has fallen below 25%, then this theater chain seems to be very large, but its actual return rate and profitability are actually relatively mediocre.
It's not bad, but not outstanding enough. It's incomparable to the previous average attendance rate of Perfect Cinema, which is close to 33%. Although the scale is much larger and nearly doubled, it's just that the revenue has increased. In fact, it may not be as profitable as before (meaning that many cinemas may operate at a loss).
Now, after excluding those surplus cinemas and those that are not very profitable, even if the attendance rate is still a little decline, it will be stable at more than 28%, which is terrifying. Not only is the profitability higher than before, it also has broader development prospects.
After all, we have many new markets that we have not dabbled in before, and the coverage rate is higher than before, so it is not an exaggeration to call it the absolute overlord of the screening market.
Wu Mingxuan is not only staring at the screening revenue of physical theaters, but some related peripheral sales are the real big head. Driven by Perfect Anime, Marvel and Rocket Girls, Perfect Cinema's revenue in the surrounding area is very considerable, accounting for nearly one-third of its revenue.
The most important thing is that Wu Mingxuan himself is the manufacturer and brand behind these surrounding areas, so his overall profit is considerable, which is why Wu Mingxuan thinks that the market value of the perfect theater chain after the resumption of trading will easily exceed 300 billion.
Wu Mingxuan thought for a while and said: You can go to the meeting at the Great Return of the World Trade Center. Including the ones purchased before and the additional ex-rights in the future, the shares of Perfect Cinemas and Perfect Film have reached 85%. Too many. I plan to use 20% as an equity incentive, and you all have a share.
Although Nazha and Liu Yifei are not short of money, Perfect Cinema is a circulating stock and its value is not low. This is not a small amount of money. Even if there is only 05% equity incentive, based on 300 billion, it is still 1.5 billion.
However, compared to Nazha and the others, Tong Liya is the most excited. The assistant to the chairman is not an ordinary position. She is a serious senior executive of the company. She is probably able to get a lot of it in terms of emotion and reason. Are you going to truly realize your financial freedom soon?
Many news about Wu Mingxuan's large-scale equity incentives for Perfect Cinema were quickly spread throughout the entire circle. According to the current restructuring plan, Wanda Cinema is calculated at 80 billion (including property rights) and Perfect Cinema is 150 billion. Nearly 40% of the circulating shares outside will be expelled, but there are still more than 10% left. The rest is all in the hands of Wu Mingxuan and Perfect Entertainment.
After adding food to his daughter, Jing’s father, who was eating at home, asked his daughter curiously: Does the equity incentives on Perfect Cinema have you?
Jing Tian, who was eating, looked at her father in surprise. She rarely cared about her work. It seemed that she still cared about how much Ah she could get this time.
I am about the same as Qin'er. They are 08%, and I am 05%. It is said that they will get 20%. However, 5% will be obtained after some senior management executives have completed the contract period. At present, they only enjoy dividends. We directly take circulating shares, and they can cash out directly after the resumption of trading. However, no one should be able to sell them. This is a good business that is optimistic about being able to get dividends every year in the long run.
I still have a certain understanding of Perfect Entertainment Jing's father. This is one of the few large enterprises in Beijing with assets exceeding 100 billion US dollars. It can even be called the largest private enterprise besides several state-owned enterprises. Although Perfect Entertainment is only part of it, the main part of Perfect Entertainment is not listed, but the actual valuation should be more than 400 billion US dollars, second only to the ten state-owned giants.
When Mother Jing heard this, she was surprised: Will there be so many?I heard that the valuation is at least 300 billion, and it is likely that it will even rise by more than 400 billion. Isn’t it like giving you 2 billion at once?
If you give so much money for no reason, you must not get it in exchange for it, but this time everyone has a share, why don’t you?
Dad Jing’s family is not very rich, and often he has to rely on this family to make up for it. When he is at his current position, he is actually very sensitive and must not do anything randomly in terms of money.
So in the face of this equity incentive, Dad Jing didn't say much. After all, everyone has a share, why doesn't his daughter have it?
This has nothing to do with transfer of interests, and you don’t have to worry about getting old accounts.
Nazha was most interested in these things and asked curiously: Then how many cinemas and screens are we going to have?
In 2016, the number of cinemas in my country was 10,835, a year-on-year increase of 1,507%; in 2017, the number of cinemas reached 12,408, a year-on-year increase of 1,452%.
According to professional data, the number of screens nationwide in 2016 was 60,079, while in 2017, the total number of screens nationwide reached 69,787. The total number of screens in my country is currently ranked first in the world, surpassing the North American market in all respects.
Just by the number of theaters, we are definitely less than 30%, which is only 9%, which is about 1,000 stores. But we can't calculate this way. According to the screen-to-body ratio, we have almost 20,000 screens, and then integrate resources to sell some of the high overlap rate. In the end, we control the cinemas to 700 stores and the screen to 150,000, accounting for about 29% of the entire market share.
It seems that the decrease has been greatly reduced, but sometimes the accounts are not calculated in this way. Cinemas are different from other businesses. This is a special service industry calculated based on the threshold number of people. It depends on whether a cinemas makes money and has good operating capabilities. It mainly looks at the income of a single screen and the attendance rate of each session.
Simply put, if there are 20,000 screens now, the average number of cinemas is 160, and the average attendance rate has fallen below 25%, then this theater chain seems to be very large, but its actual return rate and profitability are actually relatively mediocre.
It's not bad, but not outstanding enough. It's incomparable to the previous average attendance rate of Perfect Cinema, which is close to 33%. Although the scale is much larger and nearly doubled, it's just that the revenue has increased. In fact, it may not be as profitable as before (meaning that many cinemas may operate at a loss).
Now, after excluding those surplus cinemas and those that are not very profitable, even if the attendance rate is still a little decline, it will be stable at more than 28%, which is terrifying. Not only is the profitability higher than before, it also has broader development prospects.
After all, we have many new markets that we have not dabbled in before, and the coverage rate is higher than before, so it is not an exaggeration to call it the absolute overlord of the screening market.
Wu Mingxuan is not only staring at the screening revenue of physical theaters, but some related peripheral sales are the real big head. Driven by Perfect Anime, Marvel and Rocket Girls, Perfect Cinema's revenue in the surrounding area is very considerable, accounting for nearly one-third of its revenue.
The most important thing is that Wu Mingxuan himself is the manufacturer and brand behind these surrounding areas, so his overall profit is considerable, which is why Wu Mingxuan thinks that the market value of the perfect theater chain after the resumption of trading will easily exceed 300 billion.
Wu Mingxuan thought for a while and said: You can go to the meeting at the Great Return of the World Trade Center. Including the ones purchased before and the additional ex-rights in the future, the shares of Perfect Cinemas and Perfect Film have reached 85%. Too many. I plan to use 20% as an equity incentive, and you all have a share.
Although Nazha and Liu Yifei are not short of money, Perfect Cinema is a circulating stock and its value is not low. This is not a small amount of money. Even if there is only 05% equity incentive, based on 300 billion, it is still 1.5 billion.
However, compared to Nazha and the others, Tong Liya is the most excited. The assistant to the chairman is not an ordinary position. She is a serious senior executive of the company. She is probably able to get a lot of it in terms of emotion and reason. Are you going to truly realize your financial freedom soon?
Many news about Wu Mingxuan's large-scale equity incentives for Perfect Cinema were quickly spread throughout the entire circle. According to the current restructuring plan, Wanda Cinema is calculated at 80 billion (including property rights) and Perfect Cinema is 150 billion. Nearly 40% of the circulating shares outside will be expelled, but there are still more than 10% left. The rest is all in the hands of Wu Mingxuan and Perfect Entertainment.
After adding food to his daughter, Jing’s father, who was eating at home, asked his daughter curiously: Does the equity incentives on Perfect Cinema have you?
Jing Tian, who was eating, looked at her father in surprise. She rarely cared about her work. It seemed that she still cared about how much Ah she could get this time.
I am about the same as Qin'er. They are 08%, and I am 05%. It is said that they will get 20%. However, 5% will be obtained after some senior management executives have completed the contract period. At present, they only enjoy dividends. We directly take circulating shares, and they can cash out directly after the resumption of trading. However, no one should be able to sell them. This is a good business that is optimistic about being able to get dividends every year in the long run.
I still have a certain understanding of Perfect Entertainment Jing's father. This is one of the few large enterprises in Beijing with assets exceeding 100 billion US dollars. It can even be called the largest private enterprise besides several state-owned enterprises. Although Perfect Entertainment is only part of it, the main part of Perfect Entertainment is not listed, but the actual valuation should be more than 400 billion US dollars, second only to the ten state-owned giants.
When Mother Jing heard this, she was surprised: Will there be so many?I heard that the valuation is at least 300 billion, and it is likely that it will even rise by more than 400 billion. Isn’t it like giving you 2 billion at once?
If you give so much money for no reason, you must not get it in exchange for it, but this time everyone has a share, why don’t you?
Dad Jing’s family is not very rich, and often he has to rely on this family to make up for it. When he is at his current position, he is actually very sensitive and must not do anything randomly in terms of money.
So in the face of this equity incentive, Dad Jing didn't say much. After all, everyone has a share, why doesn't his daughter have it?
This has nothing to do with transfer of interests, and you don’t have to worry about getting old accounts.
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