宋城演艺(300144) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥281,121,818.86, a decrease of 16.24% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2021 was ¥54,196,299.52, down 42.29% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥52,216,568.36, a decrease of 42.84% compared to the previous year[3]. - The company reported a basic and diluted earnings per share of ¥0.0207 for the quarter, a decrease of 42.34% year-on-year[4]. - Total operating revenue for Q3 2021 reached ¥1,015,637,038.03, a significant increase from ¥618,520,719.87 in the same period last year, representing a growth of approximately 64%[14]. - Operating costs for the same period were ¥684,534,044.73, up from ¥527,892,781.59, indicating a rise of about 30%[14]. - Net profit for Q3 2021 was ¥428,577,212.65, compared to ¥123,167,413.87 in Q3 2020, reflecting an increase of approximately 248%[15]. - The total comprehensive income for the third quarter of 2021 was CNY 390,009,228.57, compared to CNY 120,090,339.53 in the same period last year, representing an increase of approximately 225.0%[16]. - Basic and diluted earnings per share for the third quarter were CNY 0.1654, up from CNY 0.0512 in the previous year, indicating a growth of 223.0%[16]. Cash Flow and Liquidity - The operating cash flow for the year-to-date period reached ¥738,142,507.02, an increase of 365.12% year-on-year[3]. - Cash received from sales and services increased by 132.84%, reflecting a strong recovery in operations compared to the previous year when attractions were closed[7]. - Cash inflow from operating activities reached CNY 1,227,871,054.04, significantly higher than CNY 510,582,520.26 in the prior year, marking an increase of approximately 140.0%[18]. - The net cash flow from operating activities was CNY 738,142,507.02, compared to CNY 158,699,538.67 in the same quarter last year, reflecting a growth of about 365.0%[18]. - The company reported a cash and cash equivalents balance of CNY 1,402,585,385.42 at the end of the period, compared to CNY 1,333,784,024.21 at the end of the previous year, representing an increase of approximately 5.2%[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,907,669,105.60, reflecting a 7.75% increase from the end of the previous year[3]. - The equity attributable to shareholders was ¥7,703,493,166.43, up 3.93% from the end of the previous year[3]. - The total assets as of September 30, 2021, amounted to approximately RMB 6.4 billion, with current assets totaling RMB 1.92 billion[11]. - Non-current liabilities rose to ¥1,127,773,378.37, up from ¥766,389,080.59, which is an increase of approximately 47%[13]. - The total liabilities increased to ¥1,885,148,524.24 from ¥1,460,082,667.28, reflecting a growth of approximately 29%[13]. - Current liabilities reached CNY 693,693,586.69, down by CNY 23,188,817.38 compared to the last reporting period[22]. - Total liabilities were CNY 1,460,082,667.28, a decrease of CNY 413,726,328.99 from the previous period[22]. Investment and Expenses - The company reported investment income of ¥148,019,095.37, significantly higher than ¥48,724,738.36 from the previous year, representing an increase of about 204%[15]. - Research and development expenses for the quarter were ¥37,807,704.23, compared to ¥29,800,623.56 in the previous year, indicating an increase of approximately 27%[15]. - Financial expenses increased by 99.96% year-on-year, primarily due to higher loan interest and the first-time implementation of lease accounting standards[7]. - The company paid CNY 166,642,170.39 to employees, an increase from CNY 134,217,529.34 in the same period last year, reflecting a rise of approximately 24.1%[18]. Market Outlook - The company plans to continue leveraging market opportunities for expansion and recovery in the upcoming quarters[7]. - The company experienced a 33.74% decrease in construction in progress compared to the beginning of the period, primarily due to transfers to fixed assets[6]. - Contract liabilities decreased by 40.23% compared to the beginning of the period, mainly due to revenue recognition[6]. - The company has not undergone an audit for the third quarter report[23]. - The report indicates the first implementation of new leasing standards starting in 2021, with no retrospective adjustments made[23].