n the red-hot atmosphere of the Spring Festival, the performance of film and video game companie
s in 2018 is all green. The performance forecast of A shares is more amazing than that of one. No o
ne expected that the biggest thunder so far came from a game company: Tian Shen Entertainment. On the evening of Ja
nuary 30, Tianshen Entertainment (002354, SZ), with a market value of only 4 billion yuan, announced that its per
formance in 2018 had changed its face. Its net profit is estimated to be between 7.3 billion yuan and 7.8 billion yua
n, and its preparation for impairment of goodwill alone will reach 4.9 billion yuan.
The mergers and acquisitions of video game companies are often light assets, and in the growth period, high goodwill has
become a common problem in the industry. According to the incomplete statistics of Choice data, Daily Economic N
ews reporter found that 16 A-share game listed companies, such as Tianshen Entertainment and Youjiu Game, had the
ir performance loss. More than 10 companies mentioned the impact of goodwill impairment, while 10 of them m
entioned the impact of goodwill impairment, and 7 of them mentioned the impact of goodwill impairment.
A securities dealer told reporters anonymously that after this round of ex
plosions, some companies are likely to become empty shells. At the close of Jan
uary 31, Tianshen Entertainment, Youjiu Game and Tianrun Number Entertainment all dropped to a halt.