TV company Q3 observed: Huatze made a net profit of 300 million, and Tangde grew the fastest.

it is worth noting that this summer, major video websites have launched online dramas such as "River God", "undocumented Crime" and "Night pursuit". Behind these popular online dramas are the newly rising production teams of online dramas, which has had a great impact on traditional film and television production companies. Huatze Film and Television, Huanrui Century, Ciwen Media and other companies have also laid out online dramas one after another.

in the performance report of the film and television company in the first half of the year, the reporter mentioned that due to the low investment income of the variety module, Huatze Film and Television plans to change the 950 million yuan originally raised to invest in films, variety shows, content copyright and mode procurement to 500 million yuan, and the changed 450 million yuan will be used for the production and operation of all online dramas.

Ciwen Media, which has also stepped up the layout of online dramas, finally passed the fixed increase plan of 1 billion in the first half of the year. In the first three quarters, the operating income increased by 562 million yuan, down 34.06 percent from the same period last year, and the net profit was 150 million yuan, an increase of 2.42 percent over the same period last year. This is mainly due to the decrease in recognized revenue from the film and television business in the first three quarters compared with the same period last year.

however, thanks to the Legend of Chuqiao, "in those years, we were young", "the decisive Battle of Jiangqiao" and "the full Moon in that year" and other popular TV dramas, although the company's revenue dropped sharply in the third quarter, however, the net profit attributed to listed companies in the third quarter was 73.32 million yuan, an increase of 36.84 percent over the same period last year.

and the fastest growth in net profit during the reporting period was Tangde Film and Television. Three quarterly data showed that revenue was 218 million yuan, an increase of 57.61% over the same period last year. Non-net profits belonging to listed companies were deducted from 58.35 million yuan, an increase of 39% over the same period last year. Total revenue in the first three quarters was 529 million yuan, an increase of 30.8% over the same period last year, and 110 million non-net profits, an increase of 25.77% over the same period last year.

the best part of the performance growth is mainly due to the completion of the settlement of the full moon in this quarter, while according to Tangde's semi-annual report, a total of four TV dramas have been issued with license numbers. in addition to "the full moon in bloom that year", the other three TV dramas, "Flowers and the distance", "Dear, long time No see", may complete the pre-sale.

in the case of rising profits of some companies, Warsaw Boehner, Huanrui Century, etc., have seen a decline in performance.

in the first three quarters of 2017, Warsaw Bainer realized operating income of 1.47 billion yuan, down 21.41% from the same period last year; non-net profit from deductions belonging to listed companies was 120 million, down 32.8% from the same period last year. Previously, reporters have analyzed that the decline in the performance of Hualu Bainer is mainly due to the lower profits of the sports and variety sectors, and there are no new works in the production rights of films and TV dramas. It is understood that there are two films and TV dramas in the production stage, "Moonlight in the City" and "Mountain Leopard", but they have not yet been sold.

Huanrui Century, which suffered heavy losses in the first half of the year, achieved 178 million in revenue in this quarter, and the net profit belonging to the listed company turned from loss to profit of 19.09 million yuan, but the net profit of deduction was still at a loss, and the company's net profit from January to September was also in a state of loss.

this is a great pressure on gambling caused by losses for Huanrui, which was successfully listed in a backdoor listing last year. Before going public, Huanrui promised net profits of no less than 231 million, 303 million and 364 million from 2016 to 2018, respectively.

in June this year, Huanrui Film and Television, a wholly-owned subsidiary of Huanrui Century, signed a drama purchase contract with Anhui Satellite TV, with an after-tax income of 160 million yuan. Subsequently, Huanrui sold two TV dramas, the Legend of the White Snake in Heaven, and the online customized drama Tomb robbing Note3 for 330 million yuan and 288 million yuan respectively, and sold the exclusive online copyright to iqiyi. It may solve the urgent need of the performance bet of Huanrui Century.