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iQIYI total revenues increased 4% YoY
iQIYI total revenues increased 4% YoY
iQIYI, an innovative market-leading online entertainment service in China, today announced its unaudited financial results for the first quarter ended March 31, 2021.
First Quarter 2021 Highlights
Total revenues were RMB8.0 billion (US$1.2 billion1 ), representing a 4% increase from the same period in 2020.
Operating loss was RMB1.0 billion (US$154.8 million) and operating loss margin was 13%, compared to operating loss of RMB2.2 billion and operating loss margin of 29% in the same period in 2020.
Net loss attributable to iQIYI was RMB1.3 billion (US$193.4 million), compared to net loss attributable to iQIYI of RMB2.9 billion in the same period in 2020. Diluted net loss attributable to iQIYI per ADS was RMB1.61 (US$0.25), compared to diluted net loss attributable to iQIYI per ADS of RMB3.92 in the same period of 2020.
The number of total subscribing members was 105.3 million as of March 31, 2021 and 104.3 million excluding individuals with trial memberships.
The message from management
"We kicked off the year with a solid quarter across the board" commented Dr. Yu Gong, Founder, Director, and Chief Executive Officer of iQIYI. "We had 3.6 million more subscribing members in the first quarter and our membership services revenue grew by 12% quarter-over-quarter, recording the peak level in terms of absolute dollar amount over the past year. The notable growth was largely a result of our strong content launch across various of categories including dramas, variety shows and films during the quarter. Specifically, the drama titled My heroic Husband set up another milestone in terms of both viewership and monetization efficiency, validating our exclusive content strategy. On April 22, we celebrated our 11-year anniversary. We are confident that we will further strengthen our leadership through the know-hows we learned from years of fierce competition. We strongly believe the irreplaceability of long-form video as an entertainment format and we are well prepared for future opportunities and challenges."
iQIYI, an innovative market-leading online entertainment service in China, today announced its unaudited financial results for the first quarter ended March 31, 2021.
愛奇藝,中國創新的市場領先的在線娛樂服務,今天公佈了截至2021年3月31日的第一季度未經審計的財務業績。
First Quarter 2021 Highlights
2021年第一季度亮點
Total revenues were RMB8.0 billion (US$1.2 billion1 ), representing a 4% increase from the same period in 2020.
Operating loss was RMB1.0 billion (US$154.8 million) and operating loss margin was 13%, compared to operating loss of RMB2.2 billion and operating loss margin of 29% in the same period in 2020.
Net loss attributable to iQIYI was RMB1.3 billion (US$193.4 million), compared to net loss attributable to iQIYI of RMB2.9 billion in the same period in 2020. Diluted net loss attributable to iQIYI per ADS was RMB1.61 (US$0.25), compared to diluted net loss attributable to iQIYI per ADS of RMB3.92 in the same period of 2020.
The number of total subscribing members was 105.3 million as of March 31, 2021 and 104.3 million excluding individuals with trial memberships.
總收入為80億元人民幣(12億美元1),比2020年同期增長4%。
營業虧損為10億元人民幣(1.548億美元),營業虧損利潤率為13%,而2020年同期的營業虧損為22億元人民幣,營業虧損利潤率為29%。
愛奇藝的淨虧損為人民幣13億元(合1.934億美元),而2020年同期愛奇藝的淨虧損為人民幣29億元。ADS愛奇藝的攤薄淨虧損為人民幣1.61元(0.25美元),而2020年同期,ADS的愛奇藝攤薄淨虧損為人民幣3.92元。
截至2021年3月31日,訂閲會員總數為1.053億,不包括試用會員的個人數量為1.043億。
The message from management
來自管理層的信息
"We kicked off the year with a solid quarter across the board" commented Dr. Yu Gong, Founder, Director, and Chief Executive Officer of iQIYI. "We had 3.6 million more subscribing members in the first quarter and our membership services revenue grew by 12% quarter-over-quarter, recording the peak level in terms of absolute dollar amount over the past year. The notable growth was largely a result of our strong content launch across various of categories including dramas, variety shows and films during the quarter. Specifically, the drama titled My heroic Husband set up another milestone in terms of both viewership and monetization efficiency, validating our exclusive content strategy. On April 22, we celebrated our 11-year anniversary. We are confident that we will further strengthen our leadership through the know-hows we learned from years of fierce competition. We strongly believe the irreplaceability of long-form video as an entertainment format and we are well prepared for future opportunities and challenges."
愛奇藝創始人、董事兼首席執行官龔宇博士評論道:“我們以一個全面穩健的季度拉開了新的一年的序幕。”我們第一季度的訂閲會員增加了360萬,我們的會員服務收入環比增長了12%,以絕對美元金額計算,創下了過去一年的最高水平。這一顯著增長在很大程度上是由於我們在本季度推出了包括電視劇、綜藝節目和電影在內的各種類別的強勁內容。具體地説,這部名為《我的英雄丈夫》的電視劇在收視率和貨幣化效率方面都樹立了又一個里程碑,驗證了我們的獨家內容戰略。4月22日,我們慶祝了我們的11週年紀念日。我們有信心,通過從多年的激烈競爭中學到的專業知識,我們將進一步加強我們的領導地位。我們堅信長格式視頻作為一種娛樂形式的不可替代性,我們已經為未來的機遇和挑戰做好了充分的準備。“
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moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.,Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc和Moomoo Securities Malaysia Sdn. Bhd., 是關聯公司。
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