Business
Maoyan Entertainment Announces 2025 Annual Results
Maoyan Entertainment ("Maoyan" or the "Company", 1896.HK), a leading platform providing innovative Internet empowered entertainment services in China, today announced its audited consolidated results for the year ended December 31, 2025.
About this update from Maoyan Entertainment
[{"type":"text","content":"BEIJING, March 27, 2026 /PRNewswire/ -- Maoyan Entertainment ("Maoyan" or the "Company", 1896.HK), a leading platform providing innovative Internet empowered entertainment services in China, today announced its audited consolidated results for the year ended December 31, 2025.","length":297,"tagName":"p"},{"type":"text","content":"Full Year 2025 Financial Highlights","length":35,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue was RMB4,631.5 million, representing a year-over-year increase of 13.5%, compared with RMB4,082.2 million in 2024.","length":122,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit was RMB2,004.1 million, representing a year-over-year increase of 23.3%, compared with RMB1,625.0 million in 2024.","length":127,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating Profit was RMB724.4 million, representing a year-over-year increase of 269.8%, compared with RMB195.9 million in 2024.","length":128,"tagName":"p"}]},{"val":[{"type":"text","content":"Profit was RMB563.1 million, representing a year-over-year increase of 209.6%, compared with RMB181.9 million in 2024.","length":118,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA[1] was RMB860.8 million, representing a year-over-year increase of 138.1%, compared with RMB361.6 million in 2024.","length":130,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted net profit[2] was RMB677.1 million, representing a year-over-year increase of 118.7%, compared with RMB309.6 million in 2024.","length":134,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":759,"olType":false},{"type":"table","headerItems":[],"items":[{"val":[{"className":"prnpr2 prnpl2","colspan":"1","rowspan":"1","val":[{"type":"text","content":"[1] We defined adjusted net profit as net profit for the year adjusted by adding back share-based compensation and amortization of intangible assets resulting from business combinations.[2] We defined EBITDA as operating profit for the year adjusted for depreciation and amortisation expenses. We add back share-based compensation to EBITDA to derive adjusted EBITDA.","length":368,"tagName":"p","attribs":{}}]}]}],"length":368},{"type":"text","content":"BUSINESS REVIEW ","length":15,"tagName":"p"},{"type":"text","content":"According to the data released by the ...