Hengdian Entertainment (SH:603103)2018-10-30 16:00Financial Performance - Revenue for the first nine months reached CNY 2,206,878,718.82, a 13.97% increase compared to the same period last year[6]. - Net profit attributable to shareholders was CNY 323,130,163.49, reflecting a 5.92% increase year-on-year[6]. - Net profit for the period was ¥95,895,954.64, down from ¥104,242,436.10, indicating a decline of approximately 8.2% year-over-year[27]. - Total revenue for the nine months reached ¥2,206,878,718.82, compared to ¥1,936,362,347.60 in the previous year, marking an increase of about 13.9%[26]. - Operating profit for Q3 2018 was ¥109,463,917.41, compared to ¥118,151,510.41 in Q3 2017, showing a decrease of about 7%[31]. - Total comprehensive income attributable to the parent company for the first nine months of 2018 reached ¥323,130,163.49, compared to ¥305,083,785.74 for the same period in 2017, indicating an increase of about 5.9%[29]. Assets and Liabilities - Total assets increased by 5.55% to CNY 3,216,149,875.14 compared to the end of the previous year[6]. - The total assets increased to ¥3,216,149,875.14 from ¥3,046,995,242.04, reflecting overall growth in the company's financial position[20]. - The total liabilities decreased to ¥1,023,590,173.21 from ¥1,073,380,454.73, indicating improved debt management[20]. - Total current assets increased to ¥1,620,840,031.57 from ¥1,542,663,919.96, representing a growth of approximately 5.8%[23]. - Total liabilities decreased slightly to ¥1,144,001,502.88 from ¥1,148,635,811.74, a reduction of about 0.4%[24]. Cash Flow - Operating cash flow net amount increased by 13.56% to CNY 585,557,105.86 for the period from January to September[6]. - Cash flow from operating activities for the first nine months of 2018 was ¥2,522,543,974.92, an increase from ¥2,140,633,445.66 in the same period of 2017, indicating a growth of about 17.8%[34]. - Total cash inflow from operating activities for the first nine months of 2018 was CNY 2,309,449,524.52, compared to CNY 1,947,260,417.84 in the same period last year, representing an increase of approximately 18.5%[38]. - Total cash outflow for operating activities in the first nine months of 2018 was CNY 1,740,642,559.22, compared to CNY 1,446,918,214.28 in the same period last year, indicating a rise of about 20.3%[38]. Shareholder Information - The total number of shareholders reached 20,436[11]. - The largest shareholder, Hengdian Group Holdings Co., Ltd., holds 80.35% of the shares[11]. Expenses and Income - Management expenses rose by 27.02% to ¥42,677,154.08 from ¥33,599,970.02, attributed to increased headquarters costs[13]. - Investment income surged by 181.16% to ¥31,496,266.55 from ¥11,202,148.35, driven by higher returns from financial products[13]. - Other income increased by 73.83% to ¥17,499,399.36 from ¥10,066,742.72, mainly due to increased subsidies[13]. - The company reported investment income of ¥14,127,145.20 for Q3 2018, significantly higher than ¥4,027,209.34 in Q3 2017, marking an increase of about 250%[31]. Inventory and Receivables - Accounts receivable and accounts payable decreased by 25.18% to ¥36,775,374.40 from ¥49,150,825.56 due to reduced revenue from franchise cinema accounts[13]. - Inventory increased by 44.75% to ¥41,098,901.14 from ¥28,392,904.95, primarily due to the expansion of cinema operations[13]. - Accounts receivable decreased significantly to ¥44,087,843.07 from ¥66,821,489.62, a drop of approximately 34.1%[22].