广西广电(600936) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months decreased by 14.44% to CNY 1.17 billion compared to the same period last year[6]. - Net profit attributable to shareholders was a loss of CNY 132.87 million, a decrease of 2,597.39% compared to the same period last year[6]. - Basic and diluted earnings per share were both CNY -0.08, a decrease of 2,766.67% compared to the same period last year[7]. - The net profit for Q3 2020 was a loss of ¥76,430,750.28, compared to a loss of ¥29,427,895.12 in Q3 2019, indicating a significant decline in profitability[28]. - The net profit for the first three quarters of 2020 was a loss of approximately ¥132.55 million, contrasting with a profit of ¥5.94 million in the same period of 2019[33]. Cash Flow - Net cash flow from operating activities decreased by 66.28% to CNY 72.62 million compared to the same period last year[6]. - Operating cash flow for the first three quarters of 2020 was approximately ¥72.62 million, a significant decrease from ¥215.35 million in the same period of 2019[35]. - The company incurred CNY 1,287,234,924.20 in total cash outflows from operating activities in Q3 2020, slightly lower than CNY 1,294,023,936.27 in Q3 2019[38]. - The company reported a net cash flow from financing activities of CNY 950,853,096.19 in Q3 2020, significantly higher than CNY 151,893,852.60 in Q3 2019[38]. Assets and Liabilities - Total assets increased by 4.33% to CNY 9.50 billion compared to the end of the previous year[6]. - Total liabilities increased to CNY 5,872,143,905.94 from CNY 5,319,253,977.12, representing a growth of approximately 10.4% year-over-year[24]. - Long-term borrowings increased by 64.51% to RMB 2,592,975,500.00 from RMB 1,576,175,500.00 at the end of 2019 due to new borrowings during the reporting period[16]. - Total liabilities reached ¥5,316,284,430.51, with current liabilities at ¥3,503,492,182.04[42]. Shareholder Information - The company had a total of 53,123 shareholders at the end of the reporting period[12]. - The largest shareholder, Guangxi Broadcasting Television, holds 27.84% of the shares[12]. Investment and Expenses - Investment income decreased by 64.48% to RMB 25,271,311.30 from RMB 71,155,401.61 in the same period last year, due to reduced profits from associated companies[16]. - Research and development expenses increased to ¥20,938,644.84 in Q3 2020, up from ¥18,405,935.95 in Q3 2019, representing a growth of 13.9%[26]. - Financial expenses increased by 113.74% to RMB 50,543,133.96 from RMB 23,646,512.11 in the previous year, attributed to higher interest expenses from increased bank borrowings[16]. Other Financial Metrics - The company reported non-operating income of CNY 3.25 million for the first nine months[10]. - Tax expenses decreased by 200.90% to RMB -3,122,977.11, mainly due to property tax refunds received during the period[16]. - The company expects a potential net loss for the year due to the impact of COVID-19 and a decline in cable TV user fees[15].