Strawbear Entertainment Group · HKEX:2125
Strawbear Entertainment — FY2022 Earnings Presentation
18 slides from Strawbear Entertainment's earnings presentation, 2023
Slide 1: 2022 Annual Results Earnings Call
4 ,—~W a EA, 9 4 FEWee AS EARNINGS CALL TU 2023273248 | So ar ae nN ar Co a ax = SMR ZARAA = = == INCORPORATED IN THE CAYMAN ISLANDS WIT ert id A NI 4, fa 86 Ah Sl STRAWBEAR ENTERTAINMENT GROUP i ated: © Ra PAE STRAWBEAR
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is solely for the purpose of your reference. The purpose of this presentation is not to provide, and you shall not rely on it for a complete or comprehensive analysis of the financial or business status or outlook of the company. The informat
Slide 3: Contents
Contents Chapter 1 Business Updates Page 4 Chapter 2 Financial Updates Page 11 Chapter 3 Outlook Page 15 2
Slide 4: Our Presenters
Our Presenters LIU Xiaofeng ZHAI Fang Chairman of the Board & CEO Executive Director & COO • Around 20 years of experience in media industry • More than 10 years of experience in equity • Produced and/or distributed more than 25 drama investment and management series with over 1250 episodes • Worked
Slide 5: Chapter 1 Business Updates
STRAWBEAR ENTERTAINMENT GROUP 稻草熊娱乐集团 Chapter 1 Business Updates 4
Slide 6: Business Updates: Enhanced Quality and Efficiency
Business Updates ENHANCED QUALITY AND EFFICIENCY ACHIEVING A VIRTUOUS CYCLE BETWEEN CONTENT PRODUCTION AND DRAMA SERIES QUALITY The Group adhered to its development strategy of persevering in producing quality content as a long-termist, focused on improving both production efficiency and quality ass
Slide 7: Competitive Advantage
Competitive Advantage PLATFORM OPERATION MODEL IMPROVED THE CLOSED-LOOP ECOSYSTEM FOR THE ENTIRE INDUSTRY CHAIN DIVERSIFIED IP RESERVES CREATED AN IP ECOLOGICAL MATRIX FULLY EXERTING THE NETWORK CONTINUING TO INCREASE DRAMA DIVERSIFIED IP RESERVES AND EFFECT BROUGHT BY THE SERIES PRODUCTION EFFICIEN
Slide 8: Business Highlights
Business Highlights CONTINUING TO IMPROVE THE EFFICIENCY OF PRODUCTION AND BRAND PRAISE Industrial production model Wide and diversified achieved significant results content pipeline The Group started shooting 5 The Group’s pipeline covered drama series in 2022. realism, comedy, teen and Confronting
Slide 9: 2022 Broadcast Drama Series
Business Updates 2022 BROADCAST DRAMA SERIES Confronting challenges of volatile market environment, we accumulated and conserved our own resources and corporate strengths with the effective operation of the platform-based operation model and the continuous improvement of the internal middle platform
Slide 10: Drama Series Produced or Distributed but Yet to Broadcast
Business Updates AS OF DECEMBER 31, 2022, DRAMA SERIES THAT HAS BEEN PRODUCED AND/OR DISTRIBUTED BUT YET TO BROADCAST The Group will maintain a virtuous cycle between production and quality and to strive for steady and consistent delivering of premium quality content. Genre: Metropolitan (Pioneer Ge
Slide 11: Drama Series Registered with NRTA Local Counterparts
Business Updates AS OF DECEMBER 31, 2022, EXAMPLES FOR TV SERIES/WEB SERIES THAT HAD APPLIED FOR PUBLIC RECORD AND REGISTERED WITH THE LOCAL COUNTERPARTS OF THE NRTA • The Group attached great importance to the stockpiling and development of IPs and has been strengthening the evaluation dimension an
Slide 12: Chapter 2 Financial Updates
STRAWBEAR ENTERTAINMENT GROUP 稻草熊娱乐集团 Chapter 2 Financial Updates 11
Slide 13: Earnings Results
Earnings Results CONTINUING TO MAINTAIN STABLE PROFIT AND REVENUE STRUCTURE Total Revenue Revenue Structure In RMB million Total Total Revenue Revenue 1,703 981 3.3% 0.4% Made-to-order Licensing 31.7% 1107 50.6% 49.0% Licensing 65.0% Made-to-order 481 Others Others 540 496 56 4 2021 2022 2021 2022 G
Slide 14: Asset Structure
Asset Structure STEADILY EXPANDING THE SCALE OF NET ASSETS, GRADUALLY OPTIMIZING THE ASSET STRUCTURE Total Assets Net Assets In RMB million In RMB million YoY -12.3% YoY +3.0% 2,841 1,773 1,826 2,493 2021 2022 2021 2022 Liabilities-to-assets Ratio Current Ratio YoY -10.8 bps YoY +40.0% 3.56 37.6% 2.
Slide 15: Financial Data: Statement of Profit or Loss
Financial Data STATEMENT OF PROFIT OR LOSS In RMB ‘000 2021 2022 YoY REVENUE 1,703,064 980,923 -42.4% Cost of sales (1,186,879) (761,170) -35.9% Gross profit 516,185 219,753 -57.4% Other income and gains 44,145 33,889 -23.2% Selling and distribution expenses (227,353) (48,309) -78.8% Administrative
Slide 16: Chapter 3 Outlook
STRAWBEAR ENTERTAINMENT GROUP 稻草熊娱乐集团 Chapter 3 Outlook 15
Slide 17: Outlook: Long-Term Sustainable Growth
Outlook LONG-TERM SUSTAINABLE GROWTH FOCUSING ON ORGANIC GROWTH, DEVELOPMENT OF PARTNERS AND INNOVATIVE DEVELOPMENT The Group is determined to make great strides forward hand in hand with industry participants, to share diversified and high-quality premium content for the public. Continuing emphasis
Slide 18: Q&A
STRAWBEAR ENTERTAINMENT GROUP 稻草熊娱乐集团 Q&A
Strawbear Entertainment Group — FY2022 Earnings Presentation on 6ix