CJ CGV Co., Ltd
KKRX:0791605,030.00
KRW
+10.00
(+0.20%)
ISIN
KR7079160008
Return %
Stock
S&P 500
1Y
-1.57
14.20
3Y
3.39
81.12
5Y
-77.06
68.34
Capital Structure
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in mil. unless spec.Working Capital
KRW
•
in mil. unless spec.Growth Rates
KRW
•
in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
KRW
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in mil. unless spec.Quarterly Dividends Per Share
KRW
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in mil. unless spec.Company Description
- CEO
- Jong-Min Jeong
- Full Time Employees
- 4,096
- Sector
- Consumer services
- Industry
- Movies/Entertainment
- Address
- I-Park Mall Seoul SL South Korea 03926
- IPO Date
- Dec 24, 2004
- Website
- cgv.co.kr
- Similar Companies
- Business
- CJ CGV Co., Ltd. is a prominent player in the global entertainment sector, primarily operating multiplex cinema chains. As the largest cinema operator in South Korea and among the top five worldwide, the company is recognized for its innovative approach to the movie-going experience, aiming to create "Cultureplex" venues that integrate diverse entertainment beyond just film screenings. The company distinguishes itself through a variety of unique, immersive cinematic technologies. These include 4DX, developed by its subsidiary CJ 4DPLEX, which enhances films with environmental effects like motion seats, wind, fog, and scents. ScreenX offers a 270-degree panoramic viewing experience by extending the film onto side walls, while ULTRA 4DX combines both 4DX and ScreenX for an even more encompassing experience. CJ CGV also provides premium offerings such as Cine de Chef, which blends cinema with gourmet dining, and The Private Cinema for exclusive screenings. Founded in December 1996 and opening its first multiplex in 1998, CJ CGV has expanded its presence across various countries including China, Vietnam, Indonesia, and Turkey. However, it has recently shifted its international strategy, notably exiting direct theater operations in the U.S. to focus on licensing its specialized theater technologies globally through CJ 4DPLEX. The company is headquartered in Seoul, South Korea. In a move towards future innovation, CJ CGV recently partnered with Samsung Electronics and Harman to develop AI-powered cinemas featuring advanced LED screens, customized audio solutions, and smart environmental controls. Facing challenges from declining ticket sales and the rise of streaming, CJ CGV has undertaken restructuring efforts, including closing underperforming theaters and exploring new revenue streams such as transforming cinema spaces into lifestyle venues for events like live concerts and sports broadcasts.