The upstream of the AI comic drama industry chain comprises online literature and comic IP copyright holders, as well as computing power and AIGC tool service providers, supplying story blueprints and the generative technology foundation for images, voiceover, editing, and more.

The midstream consists of production planning teams, contract production studios, and creators, who rely on AI tools to complete the industrialized production of script adaptation, storyboarding, art, audio synthesis, and final film editing.

The downstream centers on short video and short drama platforms as the core distribution channels, paired with traffic advertising and marketing service providers. Monetization is achieved through advertising, paid revenue sharing, IP derivatives, and overseas distribution, forming a closed loop of IP supply—AI industrialized production—traffic distribution—diversified monetization. Core competition is concentrated on IP reserves, AI production capacity and efficiency, and traffic advertising conversion capability.

AI Comic Drama Industry Chain Companies' Growth Capability and Profitability

A company's growth capability refers to its ability to continuously grow asset scale and market share, while profitability offers a deeper analysis of the company's profit margins.

Based on business relevance, this article selects a total of 10 companies in the AI comic drama industry chain as research samples,

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

No. 10 H&R Century

Industry segment: Self-produced comic dramas adapted from film and television IP

Growth capability: Revenue compound growth 36.84%, non-recurring net profit compound growth, operating net cash flow compound growth

Profitability: Return on equity -33.48%, gross profit margin 39.11%, net profit margin -49.43%

Company highlight: The company has partnered with technology partners to build an AI production chain and, leveraging its own IP and artists' digital likenesses, self-develops and operates AI comic dramas—an important new business direction in its "content + technology" transformation.

No. 9 Wondershare Technology

Industry segment: Industrialized AI tool service provider for comic dramas

Growth capability: Revenue compound growth 6.46%, non-recurring net profit compound growth, operating net cash flow compound growth -35.74%

Profitability: Return on equity -8.46%, gross profit margin 90.77%, net profit margin -6.05%

Company highlight: The company has launched a one-stop AI comic drama creation platform, Wondershare Drama Factory, and partnered with large model providers to build full-chain tools, promoting industrialized AI comic drama production and expanding overseas into comic drama markets.

No. 8 Huashi Technology

Industry segment: Cross-industry expansion into AI comic drama production and distribution

Growth capability: Revenue compound growth 17.72%, non-recurring net profit compound growth, operating net cash flow compound growth -57.80%

Profitability: Return on equity -2.87%, gross profit margin 15.12%, net profit margin -4.17%

Company highlight: Through its wholly-owned subsidiary Huashi Interactive Entertainment and its self-developed "Wufan" AI video creation platform, the company has achieved a full-chain commercial closed loop for AI comic dramas—from script, storyboarding, and production to distribution.

No. 7 Zhangyue Technology

Industry segment: Integrated online literature IP + AI comic drama production and distribution

Growth capability: Revenue compound growth 25.53%, non-recurring net profit compound growth, operating net cash flow compound growth

Profitability: Return on equity -7.15%, gross profit margin 69.10%, net profit margin -5.24%

Company highlight: Leveraging its own online literature IP, the company has launched the Paoman platform as a one-stop production carrier for AI comic dramas, connecting the closed loop from IP supply and AI industrialized production to distribution and monetization.

No. 6 Kunlun Tech

Industry segment: AI comic drama overseas expansion, overseas monetization

Growth capability: Revenue compound growth 44.78%, non-recurring net profit compound growth, operating net cash flow compound growth

Profitability: Return on equity -11.58%, gross profit margin 68.61%, net profit margin -25.83%

Company highlight: Leveraging its self-developed AIGC tools, the company has deployed AI comic dramas on its overseas short drama platform DramaWave, achieving automated production and global distribution—an important content category in its AI short drama commercialization.

No. 5 Longban Media

Industry segment: Traditional publishing transformation, producing hit AI comic dramas

Growth capability: Revenue compound growth -8.76%, non-recurring net profit compound growth -36.02%, operating net cash flow compound growth 31.53%

Profitability: Return on equity 5.89%, gross profit margin 41.61%, net profit margin 14.76%

Company highlight: Leveraging its own publishing IP and its self-developed Gengyun large model, the company launched its first AI comic drama—an AIGC content experiment in its digital transformation.

No. 4 Mango Excellent Media

Industry segment: Large model AIGC platform, self-produced comic dramas

Growth capability: Revenue compound growth -1.89%, non-recurring net profit compound growth -29.93%, operating net cash flow compound growth 4799.83%

Profitability: Return on equity 5.36%, gross profit margin 23.09%, net profit margin 8.85%

Company highlight: Leveraging its self-developed Mango Lingchuang AIGC platform and establishing an AIGC innovative content center, the company independently incubates AI comic drama works and opens up its creator ecosystem, positioning AI comic dramas as an important direction in the AIGC content track.

No. 3 Zhejiang Digital Culture

Industry segment: Commercial implementation of online literature comic dramas

Growth capability: Revenue compound growth -0.50%, non-recurring net profit compound growth -4.28%, operating net cash flow compound growth 155.08%

Profitability: Return on equity 5.65%, gross profit margin 49.32%, net profit margin 18.30%

Company highlight: Through its subsidiary Bianfeng Network, the company is expanding into AI comic dramas and building an AIGC comic drama platform. Leveraging AI, it achieves full-chain production from script and production to distribution, advancing commercialization and cultural overseas expansion.

No. 2 Haikan Shares

Industry segment: Self-developed AIGC full-chain production platform for comic dramas

Growth capability: Revenue compound growth -4.10%, non-recurring net profit compound growth -1.37%, operating net cash flow compound growth 150.50%

Profitability: Return on equity 11.09%, gross profit margin 55.38%, net profit margin 44.22%

Company highlight: Leveraging its self-developed Jingling AI film and television creation platform, the company has achieved large-scale production of AI comic dramas and secured AI comic drama partnerships, while also being able to license this AI comic drama generation technology externally.

No. 1 Chinese Online

Industry segment: Massive IP + AI tools, comic drama overseas expansion

Growth capability: Revenue compound growth 42.92%, non-recurring net profit compound growth, operating net cash flow compound growth

Profitability: Return on equity -104.75%, gross profit margin 36.18%, net profit margin -39.99%

Company highlight: Leveraging its own online literature IP and its self-developed "Ciyuan Divine Pen" AI toolchain, the company is expanding into AI comic dramas, achieving industrialized production of IP derivatives, domestic and overseas distribution, and forming an incremental commercialization business.

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