This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Bona Film Group Reports Fourth Quarter And Full Year 2012 Financial Results

Stocks in this article: BONA

Segment margin from the Company's investment and production business was 8.7% for the full year 2012, compared with a segment margin of 13.2% for 2011. This decline in segment margin was mainly due to the lower-than-expected box office performance of The Last Tycoon.

Segment margin from the Company's movie theater business was 56.6%, compared with 56.1% in 2011.

Operating Income and Operating Margin

  FY12 FY11 Y-o-Y%
Operating Expenses (US$mm) 60.8 47.2 28.9%
Operating (Loss) Income (US$mm) (0.8) 12.7 (105.9%)
Operating Margin (0.5)% 10.1% --

Total operating expenses, including participation expenses, general and administrative expenses, and sales and marketing expenses, increased 28.9% to US$60.8 million from US$47.2 million for the full year 2011. The year-over-year increase in operating expenses was primarily due toan increase in general and administrative expenses related to the expansion of the Company's movie theater business.

For the full year 2012 operating margin was (0.5)% compared to 10.1% for full year 2011. The year-over-year decline in operating margin primarily resulted from the unexpectedly low box office of The Last Tycoon.

Net Income and Net Income Attributable to Bona Film Group Limited per ADS

  FY12 FY11
Net (Loss) Income Attributable to Bona Film Group Limited (US$mm) (1.3) 14.4
Net (Loss) Income Attributable to Bona Film Group Limited per ADS (US$) (0.02) 0.25
  FY12 FY11
Non-GAAP Net Income (US$mm) 3.2 18.2
Non-GAAP Net Income Attributable to Bona Film Group Limited per ADS (US$) 0.06 0.31

Non-GAAP net income for the full year 2012 was US$3.2 million, compared with non-GAAP net income of US$18.2 million in 2011.

  FY12 FY11
EBITDA, non-GAAP (US$mm) 9.1 21.6

EBITDA, non-GAAP, was US$9.1 million for the year ended December 31, 2012, compared with US$21.6 million for the year ended December 31, 2011.

6 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,387.21 -291.49 -1.65%
S&P 500 2,029.55 -27.54 -1.34%
NASDAQ 4,681.4970 -90.2660 -1.89%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs