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Iqiyi Inc. (China)

Main Activities: Motion Picture and Sound Recording Industries | Other Consumer Goods Rental
Full name: Iqiyi Inc. Profile Updated: November 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company is an innovative online entertainment service in China.
Since the beginning, the Company has always put content and users at the center, orienting each of its business strategies around delivering superior content quality and user-friendliness. Artistically crafted and imbued with industry expertise distilled from over a decade of operational experience, many iQIYI original titles have secured their places among the most successful IP franchises in the history of Chinese popular entertainment. Designed and refined by its engineers with a deep understanding of the evolving user preferences, its products continue to offer superior entertainment experience for users.
The Company s platform features a variety of premium video content, in particular iQIYI original dramas and shows. With over 50 in-house studios spearheading our original content production, it is home to many acclaimed original drama series and variety show franchises, and have successfully serialized our original content into blockbuster sequels to accumulate and amplify IP value overtime. The Company also expand its premium content offering through licenses and partnerships, which supplement its original content.
The Company provide its users with a variety of products and services encompassing internet video, online games, live streaming, online literature, animations and others.
The Company has only one operating segment.
The Company s principal executive offices are located at 4/F, iQIYI Youth Center, Yoolee Plaza, No. 21, North Road of Workers Stadium, Chaoyang District, Beijing 100027, People's Republic of China and its telephone number is +86 10 6267-7171. The Company s website is www.iqiyi.com. The Company s registered office in the Cayman Islands is located at the offices of Intertrust Corporate Services (Cayman) Limited, 190 Elgin Avenue, George Town, Grand Cayman KY1-9005, Cayman Islands.
HISTORY
2009 The Company was incorporated under the laws of the Cayman Islands on November 27, 2009.
2010 It was formerly known as Ding Xin, Inc. and changed its name to Qiyi.com, Inc. on August 30, 2010.
2017 On November 30, 2017, the Company revised its name from Qiyi.com, Inc. to iQIYI, Inc..
2018
The Company s common stock was traded on NASDAQ under the symbol IQ on March 29, 2018.
On July 17, 2018, the Company completed the acquisition of 100 equity stake in Skymoons Inc. and Chengdu Skymoons Digital Entertainment Co., Ltd., or Chengdu Skymoons (together with Skymoons Inc., “Skymoons”).

Headquarters
9/F, Iqiyi Innovation Building, No. 2 Haidian North First Street, Haidian District
Beijing; Beijing; Postal Code: 100080

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Website: http://www.iqiyi.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2009
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Chief Technology Officer
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Senior Vice President
Ownership Details
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Subsidiaries
Beijing Iqiyi Interactive Technology Co., Ltd.
100%
Beijing Qiyi Century Science Technology Co., Ltd.
100%
Iqiyi Film Group Hk Limited (Hong Kong SAR, China)
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-9.6%
Total operating revenue
-9.56%
Operating profit (EBIT)
-81.92%
Net Profit (Loss) for the Period
-51.22%
Total assets
1.64%
Total equity
17.03%
Operating Profit Margin (ROS)
-7.66%
Net Profit Margin
-2.78%
Return on Equity (ROE)
-2.48%
Debt to Equity Ratio
-31.64%
Quick Ratio
-0.07%
Cash Ratio
-0.04%

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