芒果超媒(300413) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 was RMB 3,317,814,008.84, a decrease of 7.14% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was RMB 379,514,088.32, a decrease of 27.41% year-over-year[2] - Basic earnings per share for Q3 2024 was RMB 0.20, a decrease of 28.57% year-over-year[2] - The company's total revenue for the first three quarters of 2024 was RMB 10,277,740,561.91, a slight decrease of 0.85% compared to the same period last year[2] - Net profit attributable to shareholders decreased by 18.96% YoY due to a RMB 280 million increase in income tax expenses[7] - Total operating revenue for the period was 10,277,740,561.91 yuan, slightly down from 10,365,650,609.35 yuan in the previous period[13] - Net profit attributable to parent company shareholders reached 1,444,347,079.50 RMB[15] - Basic earnings per share were 0.77 RMB, down from 0.95 RMB in the previous period[15] Cash Flow - Operating cash flow for the first three quarters of 2024 was negative RMB 325,541,825.67, a significant decrease of 129.86% compared to the same period last year[2] - Net cash flow from operating activities decreased by 129.86% to RMB -325.54 million, mainly due to increased investment in top content reserves[7] - Operating cash flow was -325,541,825.67 RMB, a significant decrease from 1,090,179,623.07 RMB in the previous period[17] - Investment cash flow was -8,268,922,275.46 RMB, compared to 1,610,624,499.77 RMB in the previous period[17] - Net cash flow from investing activities dropped by 613.40% to RMB -8.27 billion, influenced by changes in fixed deposits and large certificates of deposit[7] - Total cash inflow from operating activities was 10,869,472,987.71 RMB, up from 10,240,605,067.76 RMB[17] - Cash paid for goods and services was 8,233,839,466.00 RMB, up from 6,304,783,248.79 RMB[17] - Cash received from other operating activities was 295,482,556.59 RMB, down from 339,192,102.23 RMB[17] - Cash paid for employee benefits was 1,264,367,914.00 RMB, up from 1,224,201,217.44 RMB[17] - Cash paid for taxes was 315,823,269.62 RMB, up from 205,868,873.36 RMB[17] - Net cash flow from financing activities was -278,403,787.32 RMB[18] - Total cash inflow from financing activities was 258,515,632.97 RMB[18] - Cash used for debt repayment was 98,486,532.97 RMB[18] - Cash used for dividend, profit distribution, or interest payment was 338,626,750.27 RMB[18] - Total cash outflow from financing activities was 536,919,420.29 RMB[18] - Net increase in cash and cash equivalents was -8,872,927,854.51 RMB[18] - Beginning cash and cash equivalents balance was 11,867,316,344.43 RMB[18] - Ending cash and cash equivalents balance was 2,994,388,489.92 RMB[18] - The impact of exchange rate changes on cash and cash equivalents was -59,966.06 RMB[18] Assets and Liabilities - Total assets as of the end of Q3 2024 were RMB 32,623,277,283.34, an increase of 3.82% compared to the end of the previous year[3] - Shareholders' equity as of the end of Q3 2024 was RMB 22,568,906,981.92, an increase of 5.01% compared to the end of the previous year[3] - Monetary funds decreased by 74.63% to RMB 3.01 billion, mainly due to reclassification of fixed deposits and large certificates of deposit[7] - Trading financial assets increased by 84.86% to RMB 1.94 billion, driven by growth in bank structured deposits[7] - Prepaid expenses rose by 77.10% to RMB 1.80 billion, primarily due to increased advance payments for TV drama purchases[7] - Other current assets surged by 3257.89% to RMB 4.37 billion, mainly from short-term fixed deposits and large certificates of deposit[7] - Total assets increased to 32,623,277,283.34 yuan from 31,422,386,654.49 yuan[12] - Monetary funds decreased to 3,014,032,304.46 yuan from 11,882,208,257.60 yuan[10] - Trading financial assets increased to 1,944,681,583.61 yuan from 1,052,000,000.00 yuan[10] - Accounts receivable rose to 4,366,412,230.02 yuan from 3,496,523,370.15 yuan[10] - Prepayments increased to 1,800,480,470.95 yuan from 1,016,664,374.18 yuan[10] - Inventory decreased to 1,616,337,362.51 yuan from 1,717,435,689.33 yuan[11] - Contract assets increased to 896,295,686.52 yuan from 838,691,849.14 yuan[11] - Other current assets surged to 4,371,239,101.50 yuan from 130,178,232.12 yuan[11] - Total current liabilities decreased slightly to 9,799,581,268.95 yuan from 9,860,481,719.86 yuan[12] Investment and Income - Non-recurring gains and losses for Q3 2024 amounted to RMB 65,414,375.08, primarily driven by investment management gains of RMB 65,210,525.47[4] - Investment income increased by 203.68% to RMB 215.92 million, driven by interest income from fixed deposits and structured deposits[7] - Revenue from sales of goods and services was 10,573,989,519.11 RMB, up from 9,901,412,965.53 RMB[16] Shareholder Information - Mango Media Co., Ltd. remains the largest shareholder with a 56.09% stake[8] Tax and Subsidies - Government subsidies received during Q3 2024 amounted to RMB 2,336,077.37[4] - Income tax expenses skyrocketed by 16055.59% to RMB 277.28 million due to changes in corporate income tax preferential policies[7] Miscellaneous - Weighted average return on equity for Q3 2024 was 1.70%, a decrease of 0.89 percentage points compared to the same period last year[3] - The third quarter report was unaudited[18]