The AI film & TV industry chain begins upstream with basic supplies such as computing power, multimodal large models, and film & TV training datasets;

it extends into midstream content production tools and services—script generation, storyboarding, digital humans, AI scene painting, automated editing, voiceover and music, and VFX restoration—and then connects with traditional production and film & TV companies to complete human-machine collaborative creation;

downstream, it covers intelligent advertising placement for promotion, platform distribution, user feedback data analysis, copyright evidence storage, and compliance review.

Overall, the chain centers on AI-driven cost reduction, efficiency improvement, and expanded content formats, while also involving governance constraints such as copyright, portrait rights, and content risk control—together driving the restructuring of film & TV industry processes.

Growth Capability and Profitability of Companies in the AI Film & TV Industry Chain

Corporate growth capability refers to the ability to sustain growth in asset scale and market share, while profitability involves an in-depth analysis of a company's profit margins.

Based on business relevance, this article selects a total of 10 companies in the AI film & TV industry chain as research samples;

it uses compound revenue growth, compound growth in net profit excluding non-recurring gains and losses, and compound growth in operating net cash flow as growth capability evaluation indicators; and return on equity, gross margin, and net margin as profitability evaluation indicators.

No. 10 H&R Century

Industry segment: IP + AI full-chain laboratory

Growth capability: Revenue is declining; the company is leveraging proprietary IP to advance its transformation toward AI short dramas and interactive film games

Profitability: Losses are widening, collection in the traditional business is slow, and AI remains in trial production

Company highlight: The company has partnered with StepFun to build the "Linyue" AI joint laboratory, relying on proprietary IP to apply AIGC across the full chain of scripting, storyboarding, post-production, and promotion, with key implementation in AI short dramas, anime dramas, and interactive film games.

No. 9 Linewell Software

Industry segment: In-house production capacity for overseas AI short dramas

Growth capability: The core government affairs business is declining; the company is focusing on a closed loop for overseas AI short dramas, while its existing base remains under pressure

Profitability: Losses are widening, with AI business promotion and R&D expenses eroding profits

Company highlight: Relying on its self-developed AI production chain and computing power foundation, the company is pursuing AI short dramas through its subsidiary Moqu Vision, building the PeakReel overseas short drama platform and conducting AI film & TV content production, distribution, and operations for overseas markets.

No. 8 Huashi Technology

Industry segment: Leading AI short drama tool platform

Growth capability: The core business is stable; the AI short drama platform has just been commercialized, and incremental growth depends on conversion

Profitability: Overall loss, high R&D investment, and new business has not yet contributed profit

Company highlight: Through its controlled subsidiary Huashi Interactive Entertainment, the company has entered the AI film & TV track, self-developing the "Wufan" AI video creation platform, covering IP incubation for AI short dramas and anime dramas, full-chain AI production, domestic distribution, and operation of its own overseas short drama app.

No. 7 Omnijoi

Industry segment: Leading AI short drama content production

Growth capability: Revenue is relatively weak; with its own cinema chains and production qualifications, the company continues to launch AI short dramas

Profitability: Overall loss, with only temporary short-term turnaround; the AI business has no stable revenue yet

Company highlight: Through collaborative development of mythological-series AI film & TV projects, the launch of controlled AI micro-short dramas, and exploration of AI technology application in film & TV production, the company is pursuing the AI film & TV track.

No. 6 Hengdian Film & TV

Industry segment: Mass production of AI anime dramas and animated short dramas

Growth capability: Revenue is dragged down by box office performance; the company is leveraging industrial clusters to advance mass production of AI anime dramas

Profitability: Turning from profit to loss, with performance tied to cinemas and AI projects too small in scale

Company highlight: Relying on real-world locations, film crews, and industrial resources, the company is building a vertical AI platform for film & TV, empowering the full production chain—including scripts, virtual sets, and post-production—with AI, and promoting the transformation of traditional live-action bases into AI film & TV industry hubs integrating virtual and real.

No. 5 Bona Film Group

Industry segment: Dual implementation of AI theatrical feature films and short dramas

Growth capability: Traditional film & TV is under pressure; the company is simultaneously pursuing AI short dramas and AI theatrical films

Profitability: Losses continue to narrow, but profitability is highly dependent on box office and remains volatile

Company highlight: As a domestic pioneer in AI film & TV, the company has built AI creation platforms such as Bole and Boka Cloud Studio on the foundation of its film industrialization, pursuing full-chain AI content production from short dramas to theatrical films and exploring the commercialization of AI film & TV.

No. 4 Cultural Investment Holdings

Industry segment: Core target in AI anime dramas

Growth capability: Old businesses are contracting, and the company is betting on AI anime dramas, but revenue realization remains far off

Profitability: Continued losses, heavy historical burdens, high investment in anime dramas, and slow collection

Company highlight: Relying on its subsidiary Zhongzhouxian Weizhen and partnering with external parties, the company has built an AIGC production system, entering the AI film & TV track with AI anime dramas as the core and releasing multiple AIGC series.

No. 3 China Film

Industry segment: AI film & TV finished products + cinema channels

Growth capability: Revenue is declining slightly; the company is participating in AI film & TV projects through full-industry-chain channels

Profitability: Turned to loss in the first three quarters, fluctuating with the overall market, with the AI business accounting for an extremely low proportion

Company highlight: The company has established the China Film AI Research Institute, taking AI as a core innovation direction, self-developing vertical film & TV AI tools, and promoting the implementation of AI across the full industry chain of film creation, production, dubbing, promotion, and screening.

No. 2 Enlight Media

Industry segment: Industrialization of AI animation

Growth capability: Revenue is falling back with the box office base; AI tools mainly focus on cost reduction and efficiency improvement in animation

Profitability: Still profitable, but profits are shrinking, driven by hit animation titles

Company highlight: The company uses AI as an auxiliary tool for film & TV creation, jointly developing AI production tool sets, implementing applications in animation character design, scenes, and storyboarding, and relying on AI to reduce costs, improve efficiency, and amplify proprietary IP production capacity.

No. 1 Chinese Online

Industry segment: AI short drama overseas platform

Growth capability: The overseas short drama platform is mature and growth is slowing, while the AI production system continues to expand

Profitability: Continued losses, high overseas traffic acquisition costs, and profitability depends on advertising efficiency

Company highlight: Relying on its self-developed Xiaoyao AI and Ciyuan Shenbi toolchain, with proprietary online literature IP as the source, the company has connected the full chain of scripting, video generation, multilingual dubbing, and advertising placement, enabling large-scale production of AI short dramas and anime dramas.

*Data is based on historical performance and does not represent future trends; it is for static analysis only and does not constitute investment advice.