证券代码：603103 证券简称：横店影视 公告编号：2023-030 第三届监事会第十次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、 监事会会议召开情况 横店影视股份有限公司（以下简称"公司"）第三届监事会第十次会议（以 下简称"本次会议"）于 2023 年 8 月 11 日以电话、邮件或专人送达的方式通知 全体监事，并于 2023 年 8 月 16 日在公司会议室以现场方式召开，会议由监事会 主席厉国平主持。本次会议应出席监事 3 名，实际出席监事 3 名。本次会议召集、 召开符合《公司法》和《公司章程》的有关规定，会议决议合法有效。 二、监事会会议审议情况 1、审议通过《关于公司〈2023 年半年度报告〉及摘要的议案》 横店影视股份有限公司 表决结果：同意 3 票、反对 0 票、弃权 0 票。 2、审议通过《关于公司会计政策变更的议案》 监事会认为：本次会计政策变更是公司根据财政部发布的相关文件要求进行 的合理变更，符合有关法律法规、规范性文件及《公司章程》的规定，不存在损 害公司及股东利益的情形。 ...

证券代码：603103 证券简称：横店影视 公告编号：2023-028 横店影视股份有限公司 第三届董事会第十二次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 横店影视股份有限公司（以下简称"公司"）第三届董事会第十二次会议（以 下简称"本次会议"）于 2023 年 8 月 11 日以书面、电话、邮件等方式通知全体 董事，并于 2023 年 8 月 16 日以现场结合通讯表决方式在公司一号会议室召开， 会议由董事长徐天福先生主持。本次会议应出席董事 7 名，实际出席董事 7 名， 公司全部监事和高级管理人员列席会议。本次会议的召集、召开符合《公司法》 及《公司章程》的有关规定，会议决议合法有效。 表决结果：7 票同意，0 票反对，0 票弃权。 （二）审议通过《关于公司会计政策变更的议案》 本议案已经公司第三届董事会审计委员会第九次会议审议通过，并同意提交 公司董事会审议。 公司独立董事发表了同意的独立意见。 二、董事会会议审议情况 本次会议审议并通过如下议案： （一）审议通过《关于公司〈 ...

证券代码：603103 证券简称：横店影视 公告编号：2023-029 横店影视股份有限公司 关于公司会计政策变更的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 横店影视股份有限公司（以下简称"公司"）本次会计政策变更系根据中 华人民共和国财政部（以下简称"财政部"）颁布的《企业会计准则解释第 16 号》（财会〔2022〕31 号）的要求变更会计政策。 本次会计政策变更能够更加客观、公允地反映公司的财务状况和经营成 果，不会对公司营业收入、净利润和净资产产生影响，亦不存在损害公司及股东 利益的情况。 公司于 2023 年 8 月 16 日召开了第三届董事会第十二次会议和第三届监事会 第十次会议审议通过了《关于公司会计政策变更的议案》。根据《上海证券交易 所股票上市规则（2023 年修订）》等的相关规定，本次会计政策变更事项无需提 交公司股东大会审议，具体情况如下： 一、会计政策变更概述 三、会计政策变更对公司的影响 1、会计政策变更原因及日期 2022 年 11 月 30 日，财政部颁布了《企业会计准则 ...

（网址：https://roadshow.sseinfo.com/） 横店影视股份有限公司（以下简称"公司"）已于 2023 年 8 月 18 日在上海 证券交易所网站、上海证券报及证券日报披露了公司 2023 年半年度报告，为便 于广大投资者更全面深入地了解公司 2023 年半年度经营成果、财务状况，公司 计划于 2023 年 8 月 24 日下午 15:00-16:00 举行 2023 年半年度业绩说明会，就 投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2023 年半年度的经营 证券代码：603103 证券简称：横店影视 公告编号：2023-031 横店影视股份有限公司 关于召开 2023 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 总经理：张义兵先生 会议召开时间：2023 年 8 月 24 日(星期四) 下午 15:00-16:00 会议召开地点：上海证券交易所上证路演中心 会议召开方式：上证路演中心网络互动 投资者可于 2 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 742,204,655.37, representing a year-on-year increase of 9.18%[11] - The net profit attributable to shareholders of the listed company reached CNY 149,348,209.79, a significant increase of 97.84% compared to the same period last year[11] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.24, marking a 100% increase from the previous year[11] - The company reported a net profit of CNY 136,310,600.38 after deducting non-recurring gains and losses, which is an increase of 114.48% year-on-year[11] - Total profit for Q1 2023 amounted to RMB 163,141,245.12, compared to RMB 72,315,874.60 in Q1 2022, reflecting a growth of 125.5%[60] Cash Flow and Liquidity - The net cash flow generated from operating activities was CNY 315,725,079.75, reflecting a substantial growth of 137.77% year-on-year[11] - Cash inflow from operating activities totaled CNY 947,796,232.65, compared to CNY 773,832,830.03 in Q1 2022[8] - Cash outflow from operating activities was CNY 632,071,152.90, slightly down from CNY 641,046,621.97 in the same quarter last year[8] - The company's cash reserves increased to approximately 606.25 million yuan, up from 557.91 million yuan in the previous year, reflecting a strong liquidity position[42] Operating Efficiency - Total operating costs decreased to RMB 589,439,208.41 from RMB 621,215,757.56, representing a reduction of 5.1%[60] - Operating profit for Q1 2023 was RMB 161,396,191.07, significantly up from RMB 65,656,225.99 in Q1 2022, marking an increase of 145.0%[60] - The company is focusing on enhancing its operational efficiency through cost control and has closed 1 cinema during the reporting period to improve overall quality[36] Investment and Assets - The total comprehensive income for the period was CNY 149,348,209.79, which is double the amount from the previous year[4] - The ending balance of cash and cash equivalents was CNY 467,057,076.51, down from CNY 508,243,177.72 at the end of Q1 2022[9] - Total assets rose to approximately CNY 4.69 billion, a 3.78% increase compared to the previous year[20] - The total assets of the company reached approximately 4.69 billion yuan, compared to 4.52 billion yuan at the end of the previous year[48] Market Performance - The Chinese film market's total box office reached CNY 15.857 billion, a year-over-year growth of 13.45%[23] - Domestic film box office revenue was CNY 13.932 billion, up 5.34% year-over-year, with a market share of 87.88%[23] - The total box office revenue reached 543.53 million yuan, with a market share of 3.75%, and total audience attendance of 13.51 million[36] Cinema Operations - In the first quarter of 2023, the company opened 5 new direct-operated cinemas and added 34 screens, bringing the total to 419 direct-operated cinemas and 2,669 screens[36] - The company has a total of 80 franchised cinemas and 465 screens, generating box office revenue of 91.69 million yuan and an audience attendance of 2.10 million[36] - The number of cinema screens increased by 1,210, with a total of 12,000 operational cinemas as of March 31, 2023[23] Non-Recurring Items - Non-recurring gains and losses totaled approximately CNY 13.04 million, influenced by various factors including government subsidies[32] Shareholder Equity - Equity attributable to shareholders increased by 12.72% to approximately CNY 1.32 billion[20] - The weighted average return on equity increased to 11.96% from 7.02% year-over-year[20] Other Financial Metrics - Financial expenses decreased to RMB 24,754,121.90 from RMB 34,501,432.43, a decline of 28.3%[60] - Interest income increased to RMB 3,397,899.07 from RMB 1,140,941.64, showing a growth of 197.5%[60] - Other income rose to RMB 9,704,822.53 from RMB 5,542,709.38, an increase of 75.0%[60] - Investment income decreased to RMB 1,170,271.15 from RMB 3,518,798.23, a decline of 66.7%[60] - Tax and additional charges increased to RMB 29,338,035.41 from RMB 25,704,524.31, an increase of 10.1%[60] - Sales expenses increased to RMB 5,816,613.68 from RMB 4,565,922.96, reflecting a rise of 27.4%[60] Strategic Initiatives - The company has been actively involved in producing and distributing films, with notable releases such as "The Wandering Earth 2" and "Boonie Bears: Bear with Me" contributing to its revenue[36] - The company is actively developing original TV series and expanding its investment in online film projects through its subsidiary[36] - The company experienced a net cash flow from investment activities of -CNY 197,606,592.94, compared to a positive cash flow of CNY 57,262,870.81 in Q1 2022[9] - The company reported a significant increase in accounts receivable, rising to approximately 205.87 million yuan from 80.43 million yuan year-over-year[42] - The company's non-current liabilities decreased slightly to approximately 2.01 billion yuan from 2.05 billion yuan year-over-year[59]

证券代码：603103 证券简称：横店影视 公告编号：2023-013 横店影视股份有限公司 关于召开 2022 年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 横店影视股份有限公司（以下简称"公司"）已于 2023 年 3 月 10 日在上海 证券交易所网站（www.sse.com.cn）及证券日报披露了公司 2022 年度报告，为 便于广大投资者更全面深入地了解公司 2022 年度经营成果、财务状况，公司计 划于 2023 年 3 月 21 日 15:00-16:00 举行 2022 年度业绩说明会，就投资者关心 的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度的经营成果 及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内 就投资者普遍关注的问题进行回答。 会议召开时间：2023 年 3 月 21 日(星期二) 15:00-16:00 会议召开地点：上海证券交易所上证路演中心 （网址：http://roadsh ...

Financial Performance - The company's operating revenue decreased by 37.51% due to the impact of the pandemic [19]. - The net profit attributable to shareholders of the listed company was -317,429,302.45 RMB, representing a significant decline [24]. - The net cash flow from operating activities decreased by 52.12% compared to the previous year [19]. - Basic earnings per share dropped by 2600% due to the reduction in net profit [19]. - The company reported a decrease in revenue from main business activities, with a similar decline of 37.5% [19]. - In 2022, the company's total operating revenue was approximately ¥1.43 billion, a decrease of 37.51% compared to ¥2.28 billion in 2021 [53]. - The net profit attributable to shareholders was a loss of approximately ¥317.43 million, representing a decrease of 2,422.51% compared to a profit of ¥13.67 million in 2021 [53]. - The company’s cash flow from operating activities was approximately ¥312.46 million, down 52.12% from ¥652.55 million in 2021 [53]. - The weighted average return on net assets was -23.81%, a decrease of 24.73 percentage points compared to 0.92% in 2021 [54]. - The available profit for distribution to shareholders as of December 31, 2022, was -175,305,007.36 RMB [24]. Strategic Focus and Development - The company plans to focus on long-term development while considering short-term operational realities [24]. - The company focused on enhancing project quality and controlling investment risks, signing projects with pure box office revenue sharing or tiered rental agreements [44]. - The company actively sought acquisition opportunities and conducted due diligence on quality projects to reduce financial costs and investment risks [44]. - The company aims to diversify revenue streams by expanding non-ticket business and developing digital platforms in the cultural tourism sector [63]. - The company plans to enhance the user experience by upgrading old cinemas and introducing new screening technologies, including CINITY theaters [61]. - The company aims to optimize resource allocation and strengthen business collaboration through a comprehensive development of the film industry chain [158]. - The company is focusing on expanding its cinema operations in second-tier cities while also targeting high-growth third to fifth-tier cities [176]. Market and Industry Insights - The total box office revenue in China for 2022 was ¥30.07 billion, a decline of 36.38% year-on-year [50]. - The total box office revenue for the company in 2022 was RMB 9.92 billion, with a market share of 3.64%, ranking second among film investment companies [60]. - The global film market saw a total box office of approximately $25.8 billion in 2022, a 21.13% increase from 2021 [67]. - In 2022, a total of 325 new films were released in China, a decrease of 222 films compared to 2021 [68]. - Domestic films accounted for 83.69% of the total releases, with 272 films, down by 208 films from 2021 [68]. - The total box office revenue reached 30.067 billion yuan, with domestic films generating 25.25 billion yuan, representing 84.4% of the total [68]. - The number of cinema screens increased by 1.8% year-on-year, totaling 77,103 screens across 12,613 cinemas [68]. - The number of cinema locations grew by 1.3% year-on-year, indicating a stable growth trend in the market [68]. - The proportion of the top 10 films in the market reached 60.7%, indicating a further increase in market concentration [194]. - The average ticket price in third-tier cities increased by over 5%, narrowing the gap with first and second-tier cities [194]. Operational Changes and Efficiency - The company closed 15 underperforming cinemas during the reporting period to improve overall operational efficiency [61]. - The company has implemented a multi-channel recruitment strategy to enhance talent reserves and optimize internal promotion mechanisms [69]. - The company aims to build a cohesive and efficient team to support steady development and reduce talent turnover [69]. - The company has established a standardized and replicable investment construction model, enhancing its cross-regional expansion capabilities [159]. - The company has engaged in various financial management activities, including a total of 290 million yuan in entrusted financial management with an expected annual return rate of up to 5.44% [73][79]. Shareholder and Capital Structure - The company proposed no profit distribution or capital reserve transfer to shareholders for the year 2022 [24]. - The total number of ordinary shareholders as of the end of the reporting period was 16,934, down from 17,212 at the end of the previous month [96]. - The top ten shareholders hold a total of 80.35% of the shares, with the largest shareholder, Hengdian Group Holdings Co., Ltd., owning 509,600,000 shares [100]. - There were no significant changes in the share capital structure during the reporting period [85]. - The company has not reported any significant changes in share capital structure during the reporting period [85]. - The company has not engaged in any strategic investments or new share placements that would affect the top ten shareholders [102]. - There were no significant changes in the number of shares held by major shareholders, indicating stability in ownership [100]. Financial Position and Assets - The company's consolidated revenue for 2022 was 1.427 billion yuan, a significant component of the consolidated profit statement [127]. - The main sources of revenue include box office income, merchandise sales, advertising revenue, and film sales [127]. - The total assets as of the end of 2022 were 4.56 billion RMB, down 16.48% year-on-year [161]. - The net assets attributable to shareholders decreased by 21.28% year-on-year to 1.17 billion RMB [161]. - The company's bad debt provision for receivables was 74 million, with total receivables amounting to 276 million as of December 31, 2022 [136]. - The company reported a significant decline in investment cash flow, with a net outflow of ¥37,126,238.43, compared to a net outflow of ¥267,544,940.24 in the previous period [187]. - The company's cash flow from financing activities showed a net outflow of ¥238,037,749.50, a significant decrease from the previous period, primarily due to loan repayments [187]. Governance and Compliance - The audit report issued by the accounting firm was a standard unqualified opinion [4]. - The independent auditor confirmed that the financial statements fairly reflect the company's financial position as of December 31, 2022 [126]. - The company reported no changes in the board of directors or senior management during the reporting period [95]. - There were no internal employee stock situations reported as applicable [95]. - There are no significant changes in the controlling shareholder or actual controller during the reporting period [116]. - The company does not control any structured entities [198]. - Independent director opinion not applicable for the current report [198].

Financial Performance - The company's operating revenue for Q3 2022 was ¥392.70 million, an increase of 11.73% year-on-year, but a decrease of 32.92% year-to-date compared to the previous year[7]. - The net profit attributable to shareholders for Q3 2022 was -¥38.21 million, with a year-to-date net profit of -¥106.45 million, reflecting a significant decline of 263.91% year-on-year[7]. - The basic and diluted earnings per share for Q3 2022 were both -¥0.06, with a year-to-date figure of -¥0.17, representing a decrease of 270% year-on-year[9]. - Total operating revenue for Q3 2022 was CNY 1,225,548,784.80, a decrease of 32.96% compared to CNY 1,826,969,740.84 in Q3 2021[37]. - Net profit for Q3 2022 was a loss of CNY 106,450,596.99, compared to a profit of CNY 64,943,767.25 in Q3 2021, indicating a significant decline[40]. - Basic and diluted earnings per share for Q3 2022 were both CNY -0.17, compared to CNY 0.10 in Q3 2021[42]. Assets and Liabilities - The total assets at the end of Q3 2022 were ¥4.96 billion, down 9.08% from the end of the previous year[9]. - Total current assets decreased to ¥1,450,527,850.12 from ¥1,498,453,681.98 year-over-year[28]. - Non-current assets decreased to ¥3,508,513,318.05 from ¥3,955,986,991.72 year-over-year[31]. - Total assets decreased to ¥4,959,041,168.17 from ¥5,454,440,673.70 year-over-year[31]. - Current liabilities increased to ¥1,353,621,364.16 from ¥1,012,296,434.74 year-over-year[32]. - The total liabilities as of the end of the reporting period were CNY 3,573,754,384.48, a decrease from CNY 3,962,703,293.02 at the end of the previous period[37]. - Total equity attributable to shareholders was CNY 1,385,286,783.69, down from CNY 1,491,737,380.68 in the previous period[37]. Cash Flow - The total cash flow from operating activities for the year-to-date was ¥504.26 million, reflecting a decrease of 3.93% year-on-year[9]. - Cash flow from operating activities for the first three quarters of 2022 was CNY 1,538,267,460.96, down from CNY 1,842,151,880.01 in the same period of 2021[43]. - Operating cash inflow totaled $1,724,914,038.41, a decrease from $1,919,045,504.12 in the previous period, reflecting a decline of approximately 10.1%[47]. - Net cash flow from operating activities was $504,255,086.06, slightly down from $524,887,250.22, indicating a decrease of about 3.1%[47]. - Cash inflow from investment activities was $597,432,325.97, significantly lower than $1,196,995,284.36, representing a decline of approximately 50%[47]. - The company reported a significant decrease in cash received from investment recoveries, totaling $590,000,000.00 compared to $1,184,850,000.00 previously, a drop of about 50%[47]. Investments and Shareholder Information - The company has closed 12 cinemas and 77 screens as part of its strategy to enhance overall quality and competitiveness[19]. - The company’s subsidiary has participated in the production of several films, achieving good social and economic benefits, and is incubating original TV series and online movie projects[20]. - The total number of common shareholders at the end of the reporting period is 16,805[21]. - The largest shareholder, Hengdian Group Holdings Co., Ltd., holds 509,600,000 shares, accounting for 80.35% of total shares[21]. Financial Expenses and Income - The company reported non-recurring gains of ¥44.20 million for Q3 2022, with a year-to-date total of ¥73.15 million[12]. - The company reported a financial expense of CNY 91,266,530.60 in Q3 2022, compared to CNY 101,688,237.96 in Q3 2021, a decrease of 10.96%[37]. - The company recorded an investment income of CNY 6,399,859.93 in Q3 2022, down from CNY 12,111,323.31 in Q3 2021[37]. Operational Developments - The company opened 6 new direct-operated cinemas and added 43 screens during the reporting period, achieving a box office revenue of ¥293.94 million with a market share of 3.80%[17]. - The total box office revenue for the company from January to September 2022 was ¥871.50 million, with a market share of 3.72%[17].

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥832.85 million, a decrease of 43.56% compared to ¥1.48 billion in the same period last year[22]. - The net profit attributable to shareholders of the listed company was a loss of approximately ¥68.24 million, a decline of 133.92% from a profit of ¥201.16 million in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of approximately ¥97.20 million, down 152.7% from ¥184.43 million in the same period last year[22]. - Basic earnings per share decreased by 134.38% to -0.11 CNY compared to the same period last year[24]. - Revenue declined by 43.56% due to the impact of the pandemic, with significant theater closures[24]. - Net profit attributable to shareholders decreased by 133.92% to a negative value, primarily due to reduced revenue[24]. - The report has not been audited, and the management has assured the accuracy and completeness of the financial report[5]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the first half of 2022, representing a 20% year-over-year growth[89]. - The company reported a net profit of -9,588,659.11 CNY, a significant decrease compared to a net profit of 63,208,269.80 CNY in the previous period, reflecting a decline of approximately 115.2%[132]. - The company reported a total equity of CNY 1,478,069,844.10 at the beginning of the year, with a notable adjustment due to accounting policy changes[156]. Cash Flow and Assets - The net cash flow from operating activities was approximately ¥358.69 million, a decrease of 14.44% compared to ¥419.23 million in the previous year[22]. - The company's cash and cash equivalents increased by 61.92% to ¥682,032,048.87, compared to ¥421,209,473.40 at the end of the previous year[63]. - Cash and cash equivalents at the end of the period reached CNY 565,401,317.85, an increase from CNY 540,768,455.70 at the end of the previous year[145]. - The total cash outflow from financing activities was CNY 94,960,715.58, a decrease of 34.5% from CNY 144,956,567.68 in the same period last year[145]. - The total amount of equity investments reached ¥76,038,397.75, reflecting a growth of 15.92% from ¥65,596,816.26 year-on-year[64]. - Total assets at the end of the reporting period were approximately ¥5.29 billion, a decrease of 3.07% from ¥5.45 billion at the end of the previous year[22]. - Total liabilities decreased to ¥3,639,995,653.51 from ¥3,778,217,574.02, a reduction of 3.7%[122]. - The total number of common shareholders at the end of the reporting period was 19,547[100]. Market and Competition - There are significant uncertainties regarding future plans and potential mergers and acquisitions, which investors should be aware of[6]. - The company faces intensified market competition, which may impact its operational performance and development prospects[66]. - The overall Chinese film market saw a 37.68% decline in box office revenue compared to the previous year, totaling 17.18 billion CNY[36]. - The company has strategically focused on expanding into third, fourth, and fifth-tier cities, which now account for 70% of its cinema projects[43]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[7]. Operational Strategies - The company plans to launch new projects in the second half of the year, including original TV series and online films[31]. - The company plans to complete 1-2 acquisition projects in the second half of the year to enhance market share and overall competitiveness[56]. - The company aims to invest in over 10 quality films annually, targeting a market share of 20%-30% of the national total box office for its main and co-invested films[56]. - The company is actively pursuing cost control measures, including renegotiating lease contracts to reduce expenses[52]. - The company is committed to increasing cinema construction investments to maintain its competitive edge in the market[66]. Risk Factors - The risk of investment in film projects is highlighted, as the success of films is uncertain and can affect overall performance[67]. - The supply of quality films remains a significant risk, as the number of high-value films is still limited in the current market environment[69]. - The company’s cinemas are susceptible to public health emergencies, which could lead to partial or complete shutdowns, impacting short-term performance but not long-term profitability[70]. - The film industry is experiencing stricter regulatory oversight, making it more challenging to obtain distribution licenses, which could slow revenue growth[71]. Future Outlook - The company has provided a positive outlook for the next quarter, projecting a revenue increase of 25% based on current market trends and user engagement[89]. - New product launches are expected to contribute an additional 300 million RMB in revenue, with a focus on innovative technology solutions[89]. - The company is expanding its market presence, targeting an increase in market share by 10% in the next fiscal year through strategic partnerships[89]. - There are plans for potential acquisitions to enhance product offerings, with a budget allocation of 500 million RMB for this purpose[89]. - The company is committed to research and development, with an investment of 200 million RMB aimed at developing new technologies[89]. Management and Governance - The company emphasizes the importance of a strong management team and talent development as key factors for future growth[48]. - The company has committed to avoiding competition with its controlling shareholders, ensuring no direct or indirect competition in similar business areas[82]. - The company has not disclosed any significant changes in its employee incentive plans during the reporting period[79]. - The company held its annual general meeting on April 8, 2022, where all proposed resolutions were approved, including plans for new cinema investments[75]. Accounting and Reporting - The financial statements are prepared in accordance with the enterprise accounting standards, ensuring a true and complete reflection of the company's financial status[176]. - The company consolidates financial statements based on control, including all subsidiaries, and offsets internal transactions[184]. - Cash equivalents are defined as short-term, highly liquid investments that are easily convertible to known amounts of cash[189]. - Financial assets are classified at initial recognition as amortized cost, fair value through other comprehensive income, or fair value through profit or loss[194].

Financial Performance - The company's operating revenue for Q1 2022 was ¥679,776,343.71, a decrease of 18.89% compared to the same period last year[7]. - The net profit attributable to shareholders was ¥75,490,922.36, down 55.89% year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥63,554,166.69, reflecting a decline of 61.14% compared to the previous year[7]. - The net cash flow from operating activities was ¥132,786,208.06, a decrease of 54.66% year-on-year[7]. - Total operating revenue for Q1 2022 was ¥679,776,343.71, a decrease of 19% compared to ¥838,064,026.66 in Q1 2021[34]. - Total operating costs for Q1 2022 were ¥621,215,757.56, down 9% from ¥682,025,142.44 in Q1 2021[34]. - Net profit attributable to shareholders for Q1 2022 was ¥75,490,922.36, a decline of 56% from ¥171,157,191.47 in Q1 2021[37]. - Basic and diluted earnings per share for Q1 2022 were both ¥0.12, compared to ¥0.27 in Q1 2021[37]. - Total profit for Q1 2022 was ¥72,315,874.60, compared to ¥169,861,418.43 in Q1 2021[34]. - Tax expenses for Q1 2022 were -¥3,175,047.76, compared to -¥1,295,773.04 in Q1 2021[34]. Cash Flow and Investments - Cash flow from operating activities for Q1 2022 was ¥132,786,208.06, down 55% from ¥292,882,425.42 in Q1 2021[40]. - Cash inflow from investment activities for Q1 2022 was ¥193,413,316.24, a decrease from ¥590,125,614.86 in Q1 2021[40]. - Cash outflow from investment activities for Q1 2022 was ¥136,150,445.43, down from ¥556,815,695.63 in Q1 2021[40]. - Net cash flow from investment activities for Q1 2022 was ¥57,262,870.81, an increase from ¥33,309,919.23 in Q1 2021[40]. - Net cash flow from financing activities was -$65.14 million, compared to -$172.27 million in the previous period, indicating an improvement[42]. - The net increase in cash and cash equivalents was $124.91 million, down from $153.92 million year-over-year[42]. - The ending balance of cash and cash equivalents was $508.24 million, compared to $735.56 million at the end of the previous period[42]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,574,237,516.06, an increase of 2.2% from the end of the previous year[9]. - As of March 31, 2022, the company's total assets amounted to RMB 5,574,237,516.06, an increase from RMB 5,454,440,673.70 at the end of 2021, reflecting a growth of approximately 2.2%[30]. - The company's current assets totaled RMB 1,591,022,890.60, compared to RMB 1,498,453,681.98 in the previous year, indicating an increase of about 6.3%[26]. - The accounts receivable increased significantly to RMB 268,852,818.28 from RMB 116,186,353.53, representing a growth of approximately 131.5%[26]. - The company's total liabilities reached RMB 4,007,009,213.02, up from RMB 3,962,703,293.02, marking an increase of about 1.1%[32]. - The non-current liabilities totaled RMB 2,967,169,750.83, slightly up from RMB 2,950,406,858.28, reflecting a growth of around 0.6%[32]. - The company's equity attributable to shareholders increased to RMB 1,567,228,303.04 from RMB 1,491,737,380.68, showing a rise of approximately 5.1%[32]. - Cash and cash equivalents stood at RMB 542,543,177.72, compared to RMB 421,209,473.40 in the previous year, indicating an increase of about 28.8%[26]. - The company's inventory decreased to RMB 148,933,898.29 from RMB 206,243,311.09, representing a decline of approximately 28%[26]. - The company reported a significant increase in short-term borrowings, with accounts payable rising to RMB 347,121,110.39 from RMB 223,941,392.16, an increase of about 55.1%[30]. Operational Developments - The company opened 21 new directly-operated cinemas and added 139 screens during the reporting period, bringing the total to 412 cinemas and 2,610 screens[18]. - The total box office revenue for the company reached ¥46,877.75 million, with a market share of 3.67%[18]. - The total box office for the Chinese film market in Q1 2022 was ¥13.978 billion, a decline of 22.74% year-on-year[15]. - The company plans to continue optimizing its cinema operations and has closed 3 cinemas during the reporting period to enhance overall quality and competitiveness[18]. - The company received government subsidies amounting to ¥8,985,274.63, which are closely related to its normal business operations[11]. - The company has not disclosed any new product developments or market expansion strategies in the current report[24].