2019 年半年度报告 公司代码：601599 公司简称：鹿港文化 江苏鹿港文化股份有限公司 2019 年半年度报告 1 / 145 2019 年半年度报告 重要提示 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性陈述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 本报告中，对公司未来的经营展望，系公司管理层根据公司当前的经营判断和当前的宏观经济政 策、市场状况做出的预判和计划，并不构成公司做出的业绩承诺。敬请投资者注意投资风险。 十、 其他 □适用 √不适用 2 / 145 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人钱文龙、主管会计工作负责人徐群及会计机构负责人（ ...

2019 年第一季度报告 公司代码：601599 公司简称：鹿港文化 江苏鹿港文化股份有限公司 2019 年第一季度报告 1 / 24 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 7 | 2019 年第一季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人钱文龙、主管会计工作负责人徐群及会计机构负责人（会计主管人员）徐群保证 季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | | --- | --- | --- | --- | --- | | | | | 减(%) | | | 总资产 | 6,522,568,254.15 | 6,687,517,682. ...

Financial Performance - The company's operating revenue for 2018 was approximately CNY 4.78 billion, an increase of 16.27% compared to CNY 4.11 billion in 2017[21]. - The net profit attributable to shareholders of the listed company decreased by 80.87% to CNY 56.09 million in 2018 from CNY 293.20 million in 2017[21]. - The net profit after deducting non-recurring gains and losses was CNY 54.03 million, down 79.02% from CNY 257.54 million in the previous year[21]. - Basic earnings per share decreased by 81.82% to CNY 0.06 in 2018 compared to CNY 0.33 in 2017[22]. - The weighted average return on equity dropped by 8.36 percentage points to 2.18% in 2018 from 10.54% in 2017[23]. - The company reported a net loss of CNY 92.99 million due to poor performance in the film and television sector and increased financing costs of approximately CNY 50 million[23]. - Total operating revenue for Q4 2018 was CNY 1.70 billion, with a net profit attributable to shareholders of CNY -8.72 million[25]. - The film and television segment generated revenue of 12,112.46 million yuan in 2018, with a gross margin of 18.93%, down 10.37% year-on-year, leading to a significant decline in profits[68]. Cash Flow and Assets - The cash flow from operating activities improved significantly, reaching CNY 116.53 million, a 129.29% increase from a negative cash flow of CNY 397.90 million in 2017[21]. - Total assets at the end of 2018 were CNY 6.69 billion, representing a 4.33% increase from CNY 6.41 billion at the end of 2017[21]. - The net assets attributable to shareholders of the listed company slightly decreased by 1.12% to CNY 2.56 billion at the end of 2018 from CNY 2.58 billion at the end of 2017[21]. - The company's total liabilities reached RMB 405,839.36 million, up by RMB 33,052.10 million year-on-year, resulting in a debt-to-asset ratio of 60.69%, an increase of 2.54%[73]. Dividends and Share Capital - The company plans to distribute a cash dividend of CNY 0.22 per 10 shares to all shareholders based on the total share capital as of December 31, 2018[5]. - The total share capital at the end of 2018 was 892,724,964 shares, a decrease of 0.15% from 894,068,404 shares at the end of 2017[21]. - The company approved a cash dividend of RMB 1.00 per 10 shares, totaling RMB 44,709,430.20, based on a total share capital of 447,094,302 shares[124]. Industry Performance - In 2018, the domestic box office reached 56.573 billion yuan, a year-on-year increase of 8.0%, with total audience attendance at 1.718 billion, up 5.9%[53]. - The textile industry saw a 2.9% year-on-year increase in industrial added value among 37,000 large-scale textile enterprises, with a slowdown of 1.9 percentage points compared to the previous year[46]. - The average profit level in the wool textile industry declined due to rising wool prices influenced by climate, demand, and exchange rate fluctuations[47]. Business Strategy and Development - The company plans to enhance collaboration with Hollywood and other international film production companies to deliver more quality films[40]. - The company aims to expand its business scope in film production and distribution while maintaining its focus on traditional television dramas[41]. - The company plans to invest no more than 700 million yuan in the development and production of internet film and television projects, as well as the acquisition of new media copyrights[61]. - The company aims to strengthen its market presence by participating in various textile exhibitions and optimizing its product structure to increase the proportion of high-value-added products[66]. Environmental and Social Responsibility - The company has committed to sustainable development and reducing environmental impact through resource conservation and scientific management[162]. - The company has implemented a wastewater treatment project with a capacity of 20,000 tons per day, completed in 2015, with an investment exceeding 100 million RMB[156]. - The company has made significant investments in environmental upgrades, including wastewater heat recovery projects and air purification equipment, with all materials certified by OEKO-TEX100[162]. Shareholder and Governance - The company ensures equal rights for all shareholders, particularly minority shareholders, and actively engages with them[198]. - The company has established a modern corporate governance structure that emphasizes clear responsibilities and effective checks and balances[198]. - The company has designated a board secretary responsible for information disclosure, ensuring timely and fair communication with shareholders[199]. Challenges and Risks - The company faces risks from raw material price fluctuations, particularly in wool and acrylic, which could impact production costs and product pricing[113]. - The tightening of regulatory policies in the film industry poses a risk to the company's operations, potentially affecting production and distribution processes[117]. - Economic slowdown may impact the growth expectations of the media and internet industry, affecting demand for films and television content[118].

Financial Performance - Operating revenue for the first nine months rose by 18.61% to CNY 3,077,588,607.39 year-on-year[6] - Net profit attributable to shareholders decreased by 33.24% to CNY 64,811,587.78 compared to the same period last year[6] - The company reported a decrease in net profit after deducting non-recurring gains and losses by 40.64% to CNY 56,022,104.24[6] - The company reported a net profit margin of approximately 1.5% for the first nine months, compared to 1.3% in the same period last year[25] - The company reported a net profit of -2,666,959.24 CNY for Q3 2018, compared to a net profit of 26,303,265.28 CNY in the same period last year, representing a decline of approximately 110.1%[28] - The company reported a total comprehensive income of -2,165,072.97 CNY for Q3 2018, compared to 26,009,754.18 CNY in Q3 2017, a decline of approximately 108.3%[29] - The total profit for Q3 2018 was -5,656,003.79 CNY, a decrease from 41,281,733.66 CNY in Q3 2017, indicating a decline of approximately 113.7%[28] - The company reported a total profit of ¥647,973.71 for Q3 2018, compared to a total loss of ¥99,424,499.84 in the same quarter last year[32] Cash Flow and Liquidity - Net cash flow from operating activities improved by 139.05% to CNY 293,811,864.46 compared to the previous year[6] - Cash received from sales and services increased by 44.76% to ¥3,949,056,493 from ¥2,728,092,156, reflecting faster cash recovery from sales[15] - Cash and cash equivalents increased by 46.49% to ¥68,645,421.37 from ¥46,859,199.64, driven by increased cash flow from operating activities[15] - Cash and cash equivalents at the end of the period were CNY 258,724,987.56, down from CNY 277,164,582.73 at the beginning of the year, a decrease of 6.3%[22] - Cash inflow from financing activities totaled CNY 2,164,898,802.06, up from CNY 1,928,059,144.38 in the previous year[36] - Net cash flow from financing activities was CNY 229,793,771.37, a decrease of 54.3% compared to CNY 502,272,603.20 in the same period last year[36] - Cash inflow from investment activities was CNY 45,811,694.98, slightly down from CNY 51,040,921.03 year-over-year[35] Assets and Liabilities - Total assets increased by 7.46% to CNY 6,888,197,281.93 compared to the end of the previous year[6] - Total liabilities increased to CNY 4,266,662,847.87 from CNY 3,727,872,685.55, representing a growth of 14.4%[20] - Current liabilities totaled CNY 3,778,988,123.89, up from CNY 3,405,491,405.87, indicating a rise of 11%[20] - Non-current liabilities rose to CNY 487,674,723.98 from CNY 322,381,279.68, marking an increase of 51.2%[20] - The company's total equity decreased to CNY 2,621,534,434.06 from CNY 2,682,389,326.90, a decline of 2.3%[20] Shareholder Information - The total number of shareholders reached 39,121 by the end of the reporting period[11] - The largest shareholder, Qian Wenlong, holds 13.3% of the shares, with 108 million shares pledged[11] Operational Efficiency - Accounts receivable decreased by 95.65% to ¥4,790,000 from ¥110,148,788 due to accelerated capital turnover[13] - Prepayments increased by 92.31% to ¥555,424,258.86 from ¥288,817,091.15, attributed to increased investment in the film and television sector[14] - Advance receipts increased by 284.09% to ¥312,307,468.44 from ¥81,310,680.89, driven by increased pre-receipts in the film sector[14] - Other payables increased by 340.28% to ¥330,671,902.10 from ¥75,105,209.33, due to an increase in pending payment letters of credit[14] - The company incurred total operating expenses of ¥3,751,666,666.11, compared to ¥3,562,930,477.49 in the same period last year[34] Research and Development - Research and development expenses for Q3 2018 were 16,066,410.11 CNY, reflecting the company's commitment to innovation[27] Financial Expenses - Financial expenses increased by 39.19% to ¥106,112,526.2 from ¥76,237,200.09, due to a tighter domestic financing environment[15] - Financial expenses for Q3 2018 amounted to 37,981,615.94 CNY, up from 30,929,747.09 CNY in Q3 2017, indicating an increase of approximately 22.1%[27]

Financial Performance - The company's operating revenue for the first half of 2018 was approximately CNY 1.83 billion, representing a year-on-year increase of 13.93% compared to CNY 1.60 billion in the same period last year[21]. - The net profit attributable to shareholders of the listed company was CNY 70.57 million, a decrease of 3.48% from CNY 73.11 million in the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 64.93 million, down 5.15% from CNY 68.45 million in the same period last year[21]. - The net cash flow from operating activities improved significantly, with a net outflow of CNY 171.77 million, a 74.17% reduction compared to a net outflow of CNY 665.11 million in the previous year[21]. - The total assets of the company at the end of the reporting period were approximately CNY 6.75 billion, an increase of 5.27% from CNY 6.41 billion at the end of the previous year[21]. - The net assets attributable to shareholders of the listed company increased by 2.94% to approximately CNY 2.66 billion from CNY 2.58 billion at the end of the previous year[21]. - The basic earnings per share remained stable at CNY 0.08, unchanged from the same period last year[20]. - The diluted earnings per share also remained at CNY 0.08, consistent with the previous year[20]. - The weighted average return on net assets was 2.69%, slightly down from 2.71% in the previous year[20]. Business Segments - The textile business includes the production and sales of various types of fine wool and high-end woolen fabrics, with an average yarn count of 80 (up to 180) and a weight of 120-160 grams per square meter[24]. - The film and television business focuses on three areas: traditional TV series production and distribution, film investment and distribution, and the development of new media content, with partnerships established with major Hollywood studios[27]. - Century Long, a subsidiary, has produced several successful TV series and plans to accelerate the production of new projects such as "Love to Win" and "The Life of Bagdad" in the future[27]. - The company aims to enhance its collaboration with Hollywood and other international film production companies to deliver more high-quality films[27]. - The company is committed to expanding its market presence in both textile and film industries, leveraging its established resources and partnerships[24]. Market Trends and Strategies - The textile industry achieved a total revenue of 72.1 billion yuan in 2018, representing a year-on-year growth of 18.6%[31]. - The film industry in China saw a box office revenue of 32 billion yuan in the first half of 2018, marking a 17.8% increase compared to the same period last year[34]. - The company is positioned to benefit from the ongoing consumption upgrade and urbanization trends, which are expected to boost sales growth in the textile and apparel sector[32]. - The company plans to expand its business scope into film production and distribution while continuing to focus on traditional TV dramas[29]. - The company is focusing on high-end products, with a strategic emphasis on fashion fancy yarn and high-quality wool yarn in its product lineup[45]. Financial Management - The company reported a total non-operating income of 5,638,893.62, with significant contributions from performance compensation of 1,500,000 and investment income from bank wealth management products of 1,887.13[22]. - The company will increase efforts to collect receivables and expedite box office settlements for films to secure funding for future projects[51]. - The company has successfully completed the filming of several TV dramas and web series, including "一步登天" and "摸金符" during the reporting period[43]. - The company has established long-term cooperative relationships with industry professionals, enhancing its market position and operational stability[40]. Risk Management - The company faces risks related to raw material price fluctuations, particularly for wool and acrylic, which could impact production costs and product pricing[64]. - The company is exposed to exchange rate fluctuations, particularly between the RMB and USD, which could affect financial performance due to its reliance on imported raw materials[66]. - The company is implementing strategies to mitigate risks associated with core personnel turnover in the film and television industry, including performance assessments and stock incentive plans[67]. - The company is actively monitoring regulatory changes in the film and television industry, which could impact its operations and compliance requirements[67]. Environmental Compliance - The company has not faced any significant environmental violations or received administrative penalties during the reporting period[82]. - The company emphasizes sustainable development through the use of eco-friendly materials and processes[91]. - The company plans to continue focusing on chemical management, wastewater discharge compliance, and employee safety education in the second half of 2018[91]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 37,280[96]. - The top shareholder, Qian Wenlong, holds 118,923,722 shares, representing 13.3% of the total shares[98]. - Chen Hanhai, the second-largest shareholder, holds 64,905,478 shares, which is 7.26% of the total shares[98]. - The total number of restricted shares at the end of the reporting period is 21,139,970[95]. Accounting and Financial Reporting - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that its financial statements accurately reflect its financial status and operational results[150]. - The company prepares consolidated financial statements based on its own and its subsidiaries' financial reports, determining the consolidation scope based on control[156]. - The company recognizes foreign currency translation differences as other comprehensive income, which is reclassified to profit or loss upon disposal of foreign operations[166]. - The company uses a weighted average method for inventory costing of raw materials and finished goods[177].

2017 年年度报告 公司代码：601599 公司简称：鹿港文化 江苏鹿港文化股份有限公司 2017 年年度报告 1 / 187 2017 年年度报告 重要提示 三、 江苏公证天业会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人钱文龙、主管会计工作负责人徐群及会计机构负责人（会计主管人员）徐群声明： 保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 公司拟以2017年12月31日的总股本894,068,404.00股为基数，向全体股东每10股派发现金红 利1.10元（含税）。不进行资本公积金转增股本。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性陈述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 本报告中，对公司未来的经营展望，系公司管理层根据公司当前的经营判断和当前的宏观经 济政策、市场状况做出的预判和计划，并不构成公司做出的业绩 ...

2018 年第一季度报告 公司代码：601599 公司简称：鹿港文化 江苏鹿港文化股份有限公司 2018 年第一季度报告 1 / 18 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 8 | 2018 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 非经常性损益项目和金额 √适用 □不适用 单位：元 币种：人民币 | | | 3 / 18 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增 减(%) 总资产 6,809,582,601.55 6,410,262,012.45 6.23 归属于上市公司 股东的净资产 2,604,987,010.69 2,584,103,990.05 0.81 年初至报告期末 上年初至上年报告期末 比上年同期增减(%) 经营活动产生的 现金流量净额 75,816,576.58 -533,202,784.58 114.22 年初至报告期末 上年初至上年报告期末 比上年同期增减（%） 营业收入 716,697,675.99 644,132,5 ...

2017 年第三季度报告 公司代码：601599 公司简称：鹿港文化 江苏鹿港文化股份有限公司 2017 年第三季度报告 1 / 22 | 目录 | | --- | 2017 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人钱文龙、主管会计工作负责人徐群及会计机构负责人（会计主管人员）徐群保证 季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 3 / 22 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增 减(%) 总资产 6,346,546,720.95 5,090,863,530.37 24.67 归属于上市公司 股东的净资产 2,702,919,678.20 2,667,027,541.76 1.35 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减(%) 经营活动产生的 现 ...

2017 年半年度报告 公司代码：601599 公司简称：鹿港文化 江苏鹿港文化股份有限公司 2017 年半年度报告 重要提示 无 六、 前瞻性陈述的风险声明 □适用 √不适用 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 无 十、 其他 □适用 √不适用 1 / 140 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人钱文龙、主管会计工作负责人徐群及会计机构负责人（会计主管人员）徐群声明： 保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 | 第一节 | 释义 3 | | --- | --- | | 第二节 | 公司简介和主要财务指标 4 | | 第三节 | 公司业务概要 7 | | 第四节 | 经营情况的讨论与分析 13 | | 第五节 | 重要事项 20 | | 第六节 ...

2017 年第一季度报告 公司代码：601599 公司简称：鹿港文化 江苏鹿港文化股份有限公司 2017 年第一季度报告 1 / 19 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 2017 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | --- | --- | --- | --- | | | | | 减(%) | | 总资产 | 5,401,359,264.06 | 5,090,863,530.37 | 6.10 | | 归属于上市公司 | 2,675,113,145.55 | 2,667,027,541.76 | 0.3 | | 股东的净资产 | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | 经营活动产生的 | -533,202,784.58 | -234,182,407.68 | -127.69 | ...