JiShi Media(601929)

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吉视传媒(601929) - 2014 Q1 - 季度财报
2014-04-14 16:00
Financial Performance - Operating revenue rose by 22.04% to CNY 520,385,378.03 year-on-year[8] - Net profit attributable to shareholders increased by 221.39% to CNY 146,912,227.93 compared to the same period last year[8] - Net profit for the first quarter of 2014 was CNY 146,912,227.93, a significant increase of 158.96% from the same period in 2013[12] - Net profit increased by CNY 90,180,394.72, representing a growth of 158.96%, primarily due to increased revenue[14] - Net profit attributable to shareholders of the parent company rose by CNY 101,200,085.36, an increase of 221.39%, mainly driven by revenue growth and 100% control over subsidiaries[14] - Operating profit increased to ¥141,725,921.06, compared to ¥55,676,271.24 in the previous year, reflecting a growth of 154.5%[28] - Total comprehensive income amounted to ¥137,277,270.26, compared to ¥32,512,066.54 in the previous period[31] Cash Flow - Cash flow from operating activities surged by 220.56% to CNY 100,907,026.90 compared to the previous year[8] - Operating cash flow net increased by CNY 69,428,800.66, a growth of 220.56%, due to higher cash received from sales and reduced cash paid for purchases[15] - Cash inflow from operating activities was ¥422,898,148.58, an increase from ¥376,817,578.92 year-over-year[32] - Net cash flow from operating activities reached ¥100,907,026.90, up from ¥31,478,226.24 in the same period last year[33] - Cash outflow for purchasing goods and services decreased to ¥84,210,807.77 from ¥130,037,688.45[33] - Operating cash inflow for the parent company was ¥385,400,343.27, compared to ¥337,312,964.37 in the previous year[36] - Net cash flow from operating activities for the parent company was ¥89,445,368.85, significantly higher than ¥5,674,542.17 last year[36] Assets and Liabilities - Total assets increased by 0.54% to CNY 6,350,345,958.88 compared to the end of the previous year[8] - Current assets totaled CNY 1,118,545,845.99 at the end of the period, down from CNY 1,160,091,446.52 at the beginning[19] - Total liabilities decreased slightly to ¥1,960,278,053.44 from ¥1,952,668,043.72, indicating a stable financial position[25] - Total assets amounted to CNY 6,350,345,958.88, slightly up from CNY 6,315,989,012.65 at the beginning of the period[20] - Total assets increased to ¥6,221,934,279.02 from ¥6,156,312,963.41, showing a growth of 1.06%[25] Shareholder Information - The number of shareholders reached 22,528 at the end of the reporting period[11] - The largest shareholder, Jilin Television Station, holds 39.96% of the shares, totaling 586,601,932 shares[11] Tax and Expenses - Tax payable decreased by 77.21% to CNY 2,455,338.31 compared to the previous year-end[12] - Tax payable decreased by CNY 8,319,284.86, a reduction of 77.21%, mainly due to tax payments made during the period[13] - Sales expenses increased by CNY 16,841,078.04, an increase of 66.67%, attributed to increased revenue leading to higher special rewards for value-added services[13] - Financial expenses rose by CNY 1,237,790.34, an increase of 30.79%, primarily due to interest accrual on medium-term notes[13] - Other income increased by CNY 4,317,184.45, a significant rise of 394.39%, due to the recognition of income from unpayable receivables[13] - Asset impairment losses decreased by CNY 1,572,681.07, a reduction of 59.56%, due to no significant increase in receivables[13] Inventory and Cash Management - The company reported a basic earnings per share of ¥0.1001, compared to ¥0.0327 in the previous year, representing a significant increase[29] - The company's cash and cash equivalents decreased to ¥397,584,676.43 from ¥430,284,855.18, a decline of 7.6%[23] - Inventory levels decreased to ¥93,101,718.55 from ¥122,656,935.38, a reduction of 24.2%[24] - Cash and cash equivalents at the end of the period were ¥471,765,222.63, down from ¥563,746,553.58[35] - Cash and cash equivalents for the parent company at the end of the period were ¥395,312,196.37, down from ¥487,582,184.55[38] - The company reported a decrease in cash outflow for investment activities to ¥130,415,250.14 from ¥186,199,567.05[37] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[28]