This Day On The Street
Continue to site
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

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

Cash and Cash Flow

As of December 31, 2012, Bona had cash and cash equivalents, term deposits and restricted cash totaling US$28.0 million, compared with US$30.2 million as of December 31, 2011. Operating cash flow for 2012 was a net outflow of approximately US$10.0 million, compared with a net inflow of US$2.2 million for the full year 2011. The change in cash flow was mainly attributable to investment in several films released in 2012 or scheduled for release in 2013.

Business Outlook

Based on current market and operating conditions, the Company expects non-GAAP net income for the first quarter of 2013 to be in the range of US$1.2 million to US$1.5 million.

Mr. Yu added, "2013 has gotten off to a strong start, led by the first quarter releases of The Grandmasters, surprise hit Bring Happiness Home, as well as Angry Kid and Princess and the Seven Kung Fu Masters. We have a strong film slate for the remainder of the year, with several potential hits including Overheard 3, My Lucky Star and The White Haired Witch, and expect to realize further benefits from our theater expansion. We expect another year of significant growth for China's film industry and believe that these favorable industry dynamics in conjunction with the execution of our growth strategy will lead to a successful year for Bona."

Fourth Quarter 2012 Conference Call Details

Bona management will hold the earnings conference call at 8:00 p.m. Eastern Time on Monday, April 1, 2013 (8:00 a.m. Beijing/Hong Kong Time on Tuesday, April 2, 2013). Management will discuss results and highlights of the quarter and answer questions from investors.

The dial-in numbers for the earnings conference call are as follows:
U.S. Toll Free: +1-855-500-8701
Hong Kong Toll Free: 800-903-737
China, Domestic: 400-120-0654
International: +65-6723-9385
The conference ID # is 16496567

A live and archived webcast of the earnings conference call will be available on Bona's Investor Relations website at .

About Bona Film Group Limited

Bona Film Group Limited (Nasdaq:BONA) is a leading film distributor in China, with an integrated business model encompassing film distribution, film production, film exhibition and talent representation. Bona distributes films to Greater China, Korea, Southeast Asia, the United States and Europe, invests and produces movies in a variety of genres, owns and operates twenty movie theaters and manages a range of talented and popular Chinese artists.

7 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr 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

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs