The NetEase science and technology news on September 18 news, was divided numerous media(Nasdaq:FMCN) today to issue by the June 30 2009 fiscal years in the second quarter the wealth newspaper. The report showed that divides the numerous media the gross income is in the second quarter 171.3 million US dollars, the net loss is 22.9 million US dollars.

The minute numerous media in the second quarter from continually operation’s earning are only 82.1 million US dollars, slides to 23% compared to the same period, grew 23% compared to last quarter; From in non-continually operation’s earning is only 89.2 million US dollars, slides to 15% compared to the same period, grew 39% compared to last quarter;

In the second quarter from continually operation’s net loss is 44.5 million US dollars, same time last year the net loss was 2.3 million US dollars, in the last quarter the net loss was 17.7 million US dollars; From in the non-continually operation’s net profit is 21.5 million US dollars, grew 79% compared to last quarter, same time last year the net loss was 33.9 million US dollars.

On December 22, 2008, was divided the numerous media to announce that reached the finalagreement with Sina, including the commercial building hook-up and frame advertizing network as well as sells the field terminal hook-up the complete outdoors digit advertisement business asset to sell to Sina, this transaction must meet the convention deal condition, waited for the supervisory department examining and approving.

According to the agreement, Sina will issue additionally 47 million common shares to be used to purchase to divide numerous media the commercial building hook-up and frame advertizing network as well as sells the field terminal hook-up and other service related properties, divides the numerous media to retain its Internet advertisement service and movie theater advertisement service as well as the traditional outdoors billboard service. The transaction finalizes in the future, the shareholder who divides numerous media immediately to obtain the transaction in the Sina stock proportionate repeater which gives a minute numerous media.

According to the American general stipulation of accounting standards, is divided the numerous media to sell to Sina’s above service is taken the non-operation to carry on to render an account continually. According to the American general stipulation of accounting standards, these properties are to treat sell the service, does not include the depreciation charge and amortization, with dividing the numerous media has and property which uses in the operation continually uses the same depreciation analysis. Therefore, divides the numerous media wealth to report Central Africa operation the performance data not to defer to the American general accounting standards computation in the second quarter continually, simultaneously does not include the non-cash stockholder’s rights reward disbursement, to be purchased the intangible asset amortization disbursement and goodwill depreciation disbursement, to be purchased the intangible asset and fixed asset as well as the fixed asset depreciation charge.

Key performance:

- A minute numerous media in the second quarter from continually operation’s earning is only 82.1 million US dollars, compared to the same period last year 107.2 million US dollars slide to 23%, grew 23% compared to last quarter’s 66.7 million US dollars, surpassed the company before this anticipated many in 69 million US dollars.

- A minute numerous media in the second quarter from non-continually operation’s earning is only 89.2 million US dollars, compared to the same period last year 104.5 million US dollars slide to 15%, grew 39% compared to last quarter’s 64.4 million US dollars, surpassed the company before this anticipated many in 81.5 million US dollars.

- A minute numerous media in the second quarter from continually operation’s net loss is 44.5 million US dollars, same time last year from continually operation’s net loss was 2.3 million US dollars, in the last quarter from continually operation’s net loss was 17.7 million US dollars.

- Does not defer to American general accounting standards, divides the numerous media in the second quarter from continually the operation net profit is 2.8 million US dollars, same time last year from continually operation’s net profit was 7.7 million US dollars, in the last quarter from continually operation’s net profit was 3.2 million US dollars.

- A minute numerous media in the second quarter from the non-continually operation’s net profit is 21.5 million US dollars, grew 79% compared to last quarter’s 12 million US dollars, same time last year from the non-continually operation’s net loss was 33.9 million US dollars. As mentioned above, according to the American general stipulation of accounting standards, divides the numerous media to sell to Sina’s above service is taken the non-operation to carry on to render an account continually. According to the American general stipulation of accounting standards, these properties are to treat sell the service, does not include the depreciation charge and amortization, with dividing the numerous media has and property which uses in the operation continually uses the same depreciation analysis. Therefore, divides the numerous media wealth to report Central Africa operation the performance data not to defer to the American general accounting standards computation in the second quarter continually, simultaneously does not include the non-cash stockholder’s rights reward disbursement, to be purchased the intangible asset amortization disbursement and goodwill depreciation disbursement, to be purchased the intangible asset and fixed asset as well as the fixed asset depreciation charge. The minute numerous media 2008 fiscal years in the fourth quarter the non-continually operation’s fixed asset depreciation charge is 8.8 million US dollars.

- Does not defer to American general accounting standards, divides the numerous media in the second quarter from the non-continually operation net profit is 25.4 million US dollars, grew 66% compared to last quarter’s 15.4 million US dollars, same time last year from the non-continually operation’s net loss was 23 million US dollars. As mentioned above, according to the American general stipulation of accounting standards, divides the numerous media to sell to Sina’s above service is taken the non-operation to carry on to render an account continually. According to the American general stipulation of accounting standards, these properties are to treat sell the service, does not include the depreciation charge and amortization, with dividing the numerous media has and property which uses in the operation continually uses the same depreciation analysis. Therefore, divides the numerous media wealth to report Central Africa operation the performance data not to defer to the American general accounting standards computation in the second quarter continually, simultaneously does not include the non-cash stockholder’s rights reward disbursement, to be purchased the intangible asset amortization disbursement and goodwill depreciation disbursement, to be purchased the intangible asset and fixed asset as well as the fixed asset depreciation charge. The minute numerous media 2008 fiscal years in the fourth quarter the non-continually operation’s fixed asset depreciation charge is 8.8 million US dollars.

- A minute numerous media belongs to the second quarter in shareholder’s net loss is 23 million US dollars, each US saves to hold the certificate to spread the thin loss completely is 0.18 US dollar; Same time last year belonged to shareholder’s net loss is 3610 ten thousand US dollars, each US saved to hold the certificate to spread the thin loss completely is 0.28 US dollar; In the last quarter belonged to shareholder’s net loss is 5.7 million US dollars, each US saved to hold the certificate to spread the thin loss completely is 0.04 US dollar.

- A minute numerous media in the second quarter capital outlay is 2.8 million US dollars, came from completely the non-continually operation.

- Divides the numerous media in the second quarter from continually the operation and non-continually operation cash profitability payment respectively is 19.2 million US dollars and 42.2 million US dollars.

Financial analysis

Continually operation:

The minute numerous media in the second quarter from continually operation’s earning are only 82.1 million US dollars, compared to the same period last year 107.2 million US dollars slide to 23%, grew 23% compared to last quarter’s 66.7 million US dollars, surpassed the company before this anticipated many in 69 million US dollars.

Divides the numerous media in the second quarter from the movie theater advertisement and outdoors LED network advertisement earning is 14.8 million US dollars, compared to the same period last year 20 million US dollars slide to 26%, slid to 23% compared to last quarter’s 19.2 million US dollars.

The minute numerous media in the second quarter the Internet advertizing service earning is 66.7 million US dollars, compared to the same period last year 76.1 million US dollars slide to 12%, grew 42% compared to last quarter’s 47.1 million US dollars.

Does not defer to the American general accounting standards, divides the numerous media in the second quarter the movie theater advertisement and outdoors LED network wool profit is 4.7 million US dollars, compared to the same period last year 5.3 million US dollars slide to 11%, slid to 22% compared to last quarter’s 6 million US dollars.

Does not defer to the American general accounting standards, divides the numerous media in the second quarter the Internet advertizing service wool profit is 10.7 million US dollars, compared to the same period last year 20.5 million US dollars slide to 48%, maintained with last quarter’s 10.6 million US dollars basically invariably.

Does not defer to the American general accounting standards, divides the numerous media in the second quarter continually the operation operation disbursement is 10.7 million US dollars, compared to the same period last year 12.9 million US dollars slide to 17%, slid to 10% compared to last quarter’s 12 million US dollars.

Non-continually operation

The minute numerous media in the second quarter from non-continually operation’s earning are only 89.2 million US dollars, compared to the same period last year 104.5 million US dollars slide to 15%, grew 39% compared to last quarter’s 64.4 million US dollars, surpassed the company before this anticipated many in 81.5 million US dollars.

The minute numerous media in the second quarter from the commercial building hook-up’s advertisement earning are 53.7 million US dollars, compared to the same period last year 61 million US dollars slide to 12%, grew 56% compared to last quarter’s 34.4 million US dollars.

The minute numerous media in the second quarter from the apartment elevator plane media network’s advertisement earning are 26.5 million US dollars, compared to the same period last year 37.3 million US dollars slide to 29%, grew 13% compared to last quarter’s 23.5 million US dollars.

The minute numerous media in the second quarter from selling the field terminal hook-up’s advertizing service earning are 9 million US dollars, compared to the same period last year 6.2 million US dollars grow 45%, grew 43% compared to last quarter’s 6.3 million US dollars.

By June 30, 2009, divided the numerous media commercial building hook-up installment the liquid crystal box and digit frame total quantity is 133514, 128089 belonged to the company to have the network directly, 5425 were the local dealer. By March 31, 2009, divided the numerous media commercial building hook-up installment the liquid crystal box and digit frame total quantity is 131219. By June 30, 2009, divided the numerous media to sell the field terminal hook-up liquid crystal box total quantity is 44783. By June 30, 2009, divided the numerous media frame network available non-digit frame total quantity is 246095. By March 31, 2009, divided the numerous media frame network available non-digit frame total quantity is 288423. Minute numerous media frame network available non-digit frame’s Ji Bi reduces, because mainly the frame Internet department has stripped some outside ventures in the second-level city, as well as, because the minute numerous media continue to optimize the frame network. By June 30, 2009, divided the numerous media frame network to install 38893 digit frames.

Does not defer to the American general accounting standards, divides the numerous media in the second quarter the commercial building hook-up wool profit is 43.9 million US dollars, compared to the same period last year 47.2 million US dollars slide to 7%, grew 89% compared to last quarter’s 23.2 million US dollars. As mentioned above, according to the American general stipulation of accounting standards, divides the numerous media to sell to Sina’s above service is taken the non-operation to carry on to render an account continually. According to the American general stipulation of accounting standards, these properties are to treat sell the service, does not include the depreciation charge and amortization, with dividing the numerous media has and property which uses in the operation continually uses the same depreciation analysis. Therefore, divides the numerous media wealth to report Central Africa operation the performance data not to defer to the American general accounting standards computation in the second quarter continually, simultaneously does not include the non-cash stockholder’s rights reward disbursement, to be purchased the intangible asset amortization disbursement and goodwill depreciation disbursement, to be purchased the intangible asset and fixed asset as well as the fixed asset depreciation charge. The minute numerous media 2008 fiscal years in the fourth quarter the commercial building hook-up contains in the selling costs the fixed asset depreciation charge is 4.8 million US dollars.

Does not defer to the American general accounting standards, divides the numerous media in the second quarter the apartment elevator plane media network wool profit is 13.6 million US dollars, compared to the same period last year 24 million US dollars slide to 43%, grew 21% compared to last quarter’s 11.2 million US dollars. As mentioned above, according to the American general stipulation of accounting standards, divides the numerous media to sell to Sina’s above service is taken the non-operation to carry on to render an account continually. According to the American general stipulation of accounting standards, these properties are to treat sell the service, does not include the depreciation charge and amortization, with dividing the numerous media has and property which uses in the operation continually uses the same depreciation analysis. Therefore, divides the numerous media wealth to report Central Africa operation the performance data not to defer to the American general accounting standards computation in the second quarter continually, simultaneously does not include the non-cash stockholder’s rights reward disbursement, to be purchased the intangible asset amortization disbursement and goodwill depreciation disbursement, to be purchased the intangible asset and fixed asset as well as the fixed asset depreciation charge. The minute numerous media 2008 fiscal years in the fourth quarter the apartment elevator plane media network contains in the selling costs the fixed asset depreciation charge is 1.8 million US dollars.

Does not defer to the American general accounting standards, divides the numerous media to sell the field terminal hook-up in the second quarter the wool profit is 3.1 million US dollars, grew 35% compared to last quarter’s 2.3 million US dollars, same time last year’s wool loss is 2.7 million US dollars. As mentioned above, according to the American general stipulation of accounting standards, divides the numerous media to sell to Sina’s above service is taken the non-operation to carry on to render an account continually. According to the American general stipulation of accounting standards, these properties are to treat sell the service, does not include the depreciation charge and amortization, with dividing the numerous media has and property which uses in the operation continually uses the same depreciation analysis. Therefore, divides the numerous media wealth to report Central Africa operation the performance data not to defer to the American general accounting standards computation in the second quarter continually, simultaneously does not include the non-cash stockholder’s rights reward disbursement, to be purchased the intangible asset amortization disbursement and goodwill depreciation disbursement, to be purchased the intangible asset and fixed asset as well as the fixed asset depreciation charge. The minute numerous media 2008 fiscal years in the fourth quarter sell the field terminal hook-up to contain in the selling costs the fixed asset depreciation charge are 1.7 million US dollars.

Does not defer to the American general accounting standards, divides the numerous media in the second quarter the non-continually operation operation disbursement is 31.9 million US dollars, compared to the same period last year 19.5 million US dollars grow 64%; Grew 43% compared to last quarter’s 22.3 million US dollars. As mentioned above, according to the American general stipulation of accounting standards, divides the numerous media to sell to Sina’s above service is taken the non-operation to carry on to render an account continually. According to the American general stipulation of accounting standards, these properties are to treat sell the service, does not include the depreciation charge and amortization, with dividing the numerous media has and property which uses in the operation continually uses the same depreciation analysis. Therefore, divides the numerous media wealth to report Central Africa operation the performance data not to defer to the American general accounting standards computation in the second quarter continually, simultaneously does not include the non-cash stockholder’s rights reward disbursement, to be purchased the intangible asset amortization disbursement and goodwill depreciation disbursement, to be purchased the intangible asset and fixed asset as well as the fixed asset depreciation charge. The minute numerous media 2008 fiscal years in the fourth quarter the non-continually operation contains in the operation disbursement the fixed asset depreciation charge is 500,000 US dollars.

The minute numerous media 2008 fiscal years in the fourth quarter the non-continually operation’s fixed asset depreciation charge is 8.8 million US dollars.

Divides the numerous media operation altogether to have 96.2 million US dollars cashes and cash equivalents continually, will compare slides to 27% by March 31, 2009 131.9 million US dollars. Divides numerous media non-operation altogether to have 271.7 million US dollars cashes and cash equivalents continually, with will be basic by March 31, 2009.

By June 30, 2009, divided the numerous media continually operation the account receivable is 121.5 million US dollars, compared grows 3.6% by March 31, 2009 117.3 million US dollars. By June 30, 2009, divided the numerous media non-continually operation the account receivable is 128.3 million US dollars, compared grows 5% by March 31, 2009 122.1 million US dollars.

Achievement forecast:

The minute numerous media estimated that 2009 fiscal years in the third quarter from continually operation’s earning are only 46 million US dollars to 47 million US dollars, from non-continually operation’s earning is only 80 million US dollars to 81.5 million US dollars.

Continually operation reconstruction plan:

Minute numerous media plan in the third quarter reorganization continually operation, and strips the Internet department and traditional outdoors LED Internet department’s some outside ventures.

2009 AGM:

The minute numerous media announced that decided on December 21, 2009 to hold the AGM.

Teleconference:

After wealth newspaper issue, divided the numerous media in the U.S. Eastern time on September 20 21: 00 (Beijing standard time on September 21 9:00) convention teleconference. The session numerous media management will attend the teleconference, the explanation wealth newspaper main point, and answered the analyst and investor’s question. Must listen to minute numerous media teleconference, the American investors may dial the toll free number +1-866-271-6130, the Hong Kong investors may dial telephone +852-3002-1672, the foreign investor may dial telephones +1-617-213-8832, the password is 96432802.

The U.S. Eastern time on September 20 23:00 arrived at the U.S. Eastern time on September 27, the investor may dial the following telephone to listen to the minute numerous media teleconference sound recording: The American investors may dial the toll free number +1-888-286-8010, the foreign investor may dial telephones +1-617-801-6888, the password is 36821287. In addition, the investor may also visit minute numerous media website ir.focusmedia.cn, listens to the teleconference network direct seeding and sound recording.

(This article originates: NetEase science and technology report)