Bona Film Group (001330) Limit-Up Analysis on December 9, 2025

On December 9, 2025, Bona Film Group (001330) sealed the limit-up, closing at 10.65 yuan [3]. The cumulative increase over the past 5 days was 34.13%, and the increase over the past month reached 57.78% [3]. The core catalyst for the limit-up was the better-than-expected box office of Zootopia 2 — as of December 8, the film’s mainland box office exceeded 3 billion yuan, driving the overall activity of the film and television sector [1], with similar stocks such as Ciwen Media and Huace Film & TV rising synchronously. The trading volume on the day was 2.323 billion yuan, with a turnover rate of 16.28%, significantly higher than the average level, reflecting extremely high enthusiasm for market capital participation [3].

1. Short-term momentum dominates, insufficient fundamental support
   : This round of rise is mainly driven by short-term positive factors from film box office, but the company’s Q3 2025 revenue was lower than expected, with a net profit margin of -110.06%, and core financial indicators such as P/E and ROE were negative, lacking long-term fundamental support [0].
2. Increased capital game
   : Dragon and Tiger List data shows that both institutions and hot money have large transactions; the second buyer seat swept more than 50,000 lots in a single transaction [3]. Investor sentiment is divided: some are optimistic about the subsequent trend, while others worry that “buy orders are prepared for selling pressure”, and market games are obvious.

• Risks
  : ① Weak fundamentals, continuous negative net profit; ② Driven by short-term momentum, if the box office heat of Zootopia 2 fades, the stock price may correct; ③ The increase over the past month exceeds 50%, so attention should be paid to the risk of valuation bubbles [0].
• Opportunities
  : If the box office of Zootopia 2 continues to exceed expectations (expected to hit 4 billion yuan), it may drive the stock price to continue to strengthen in the short term; the overall recovery expectation of the film and television sector may also support the sector’s performance [1].

• Bona Film Group (001330) hit the limit-up on December 9, 2025, closing at 10.65 yuan.
• The core catalyst for the limit-up was the box office of Zootopia 2 exceeding 3 billion yuan, leading to a linked rise in the film and television sector.
• The short-term rise is driven by momentum; the company’s fundamentals are poor, and there is a risk of valuation bubbles.
• Technically, pay attention to the resistance level of 11.72 yuan (next limit-up price) and the support level of 9.68 yuan (December 8 closing price) [3].