吉视传媒(601929) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥509,250,836.86, representing a 24.99% increase compared to the same period last year[2]. - The net profit attributable to shareholders was -¥114,149,723.93, an improvement of 51.77% year-over-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥165,554,509.40, showing a 32.11% reduction compared to the previous year[2]. - The basic earnings per share for the period was -¥0.0327, reflecting a 54.39% improvement year-over-year[2]. - Net profit for the third quarter of 2024 was a loss of ¥310,403,333.20, compared to a loss of ¥192,901,453.28 in the same quarter of 2023, reflecting a significant increase in losses[15]. - The total comprehensive loss attributable to shareholders was ¥317,652,631.89, compared to a loss of ¥216,683,561.67 in the previous year, indicating worsening overall financial performance[16]. - Basic and diluted earnings per share for the third quarter were both -¥0.0887, worsening from -¥0.0584 in the same quarter of the previous year[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥13,195,055,050.89, a decrease of 9.71% from the end of the previous year[3]. - The equity attributable to shareholders decreased by 15.56% to ¥5,560,007,536.89 compared to the end of the previous year[3]. - The company's total liabilities decreased to ¥7,584,575,140.59 from ¥7,978,245,329.76 year-over-year, indicating a reduction in financial obligations[13]. - The total equity attributable to shareholders decreased to ¥5,560,007,536.89 from ¥6,584,949,330.43, showing a decline in shareholder value[12]. - The company's total assets decreased to RMB 13,195.06 million from RMB 14,614.48 million, a reduction of approximately 10%[11]. - The total liabilities and equity combined amounted to ¥13,195,055,050.89, down from ¥14,614,480,558.19 year-over-year, suggesting a contraction in the company's financial structure[13]. Cash Flow - The company reported a net cash flow from operating activities of ¥123,416,272.29 year-to-date, a decrease of 15.02% compared to the previous year[2]. - The net cash flow from operating activities for the first three quarters of 2024 was CNY 123,416,272.29, down from CNY 145,237,584.84 in 2023, indicating a decline of about 15%[18]. - Cash inflow from financing activities in 2024 was CNY 847,399,094.83, a decrease from CNY 2,203,768,560.80 in 2023, representing a decline of approximately 61.5%[18]. - The net cash flow from financing activities was CNY -137,606,991.72 in 2024, contrasting with a positive CNY 653,231,190.87 in 2023[18]. - The company's cash and cash equivalents dropped significantly to RMB 247.64 million from RMB 591.95 million, a decrease of about 58%[10]. - As of September 30, 2024, the company's cash and cash equivalents totaled CNY 192,519,350.48, a significant decrease from CNY 834,710,310.54 at the end of 2023[19]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 92,720[7]. - The largest shareholder, Jilin Broadcasting and Television Station, holds 28.46% of the shares[7]. - The controlling shareholder, Jilin Broadcasting and Television Station, increased its stake by acquiring 9.90 million shares, representing 0.28% of the total shares, for a total investment of RMB 9.53 million[9]. Operational Metrics - Total operating revenue for the first three quarters of 2024 reached ¥1,426,608,035.55, an increase of 3.4% compared to ¥1,379,060,655.29 in the same period of 2023[14]. - Total operating costs increased to ¥1,787,513,081.38, up 11.8% from ¥1,598,874,421.12 year-over-year[14]. - Operating profit for the first three quarters of 2024 increased significantly to CNY 155,882,507.77, compared to CNY 60,272,198.92 in 2023, marking an increase of approximately 158.5%[22]. - Net profit for the first three quarters of 2024 was CNY 169,270,618.50, a substantial increase from CNY 61,941,077.88 in 2023, reflecting an increase of approximately 172.5%[22]. Investment and Expenses - Research and development expenses amounted to ¥51,696,111.53, while financial expenses were ¥127,093,982.48, indicating ongoing investment in innovation despite financial losses[14]. - Research and development expenses for the first three quarters of 2024 were CNY 34,660,828.48, down from CNY 39,716,634.12 in 2023, a decrease of about 12.7%[22]. - The company reported a decrease in financial expenses from CNY 120,777,213.72 in 2023 to CNY 78,399,789.63, a reduction of approximately 35.2%[22]. Compliance and Governance - The company plans to enhance compliance training for its directors and supervisors to prevent future violations related to stock trading[10].