宋城演艺(300144) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was ¥276,441,312.46, a decrease of 1.66% compared to the same period last year, and a significant decline of 61.78% year-to-date [3]. - Net profit attributable to shareholders for Q3 2022 was ¥104,874,331.00, an increase of 93.51% year-on-year, but a decrease of 82.48% year-to-date [3]. - Total operating revenue for Q3 2022 was CNY 388.16 million, a decrease of 61.8% compared to CNY 1,015.64 million in the same period last year [16]. - Net profit attributable to shareholders of the parent company was CNY 75.76 million, a decline of 82.5% from CNY 432.53 million in the previous year [18]. - The company reported a net profit of CNY 55.87 million for Q3 2022, significantly lower than CNY 428.58 million in the same quarter last year [18]. - Basic earnings per share for Q3 2022 were CNY 0.0290, compared to CNY 0.1654 in the same period last year [18]. - The company’s basic earnings per share for Q3 2022 was ¥0.0401, an increase of 93.72% year-on-year, but a decrease of 82.47% year-to-date [3]. Cash Flow and Investments - The operating cash flow net amount for Q3 2022 was ¥125,401,804.27, up 140.16% year-on-year, but down 92.78% year-to-date [3]. - The net cash flow from operating activities for Q3 2022 was ¥288,206,407.85, a decrease of 61.0% compared to ¥738,142,507.02 in Q3 2021 [19]. - Total cash inflow from investment activities was ¥1,276,898,446.98, an increase of 74.5% from ¥732,104,975.42 in the same period last year [19]. - The company received cash from investment income amounting to ¥14,000,000.00, compared to ¥0.00 in Q3 2021, indicating a new revenue stream [19]. - The cash inflow from operating activities totaled ¥570,490,876.39, a decrease of 53.5% from ¥1,227,871,054.04 in Q3 2021 [19]. - The company reported a cash inflow of ¥510,340,309.20 from recovering investments, down from ¥622,844,516.54 in the same quarter last year [19]. Assets and Liabilities - The company's total assets at the end of Q3 2022 were ¥9,568,765,831.24, a decrease of 2.62% compared to the end of the previous year [3]. - The total current assets as of September 30, 2022, are approximately RMB 2.64 billion, up from RMB 2.01 billion at the beginning of the year [14]. - The total non-current assets amount to approximately RMB 6.93 billion, down from RMB 7.82 billion at the beginning of the year [15]. - The total current liabilities are approximately RMB 606.19 million, down from RMB 747.88 million at the beginning of the year [15]. - The total liabilities decreased to CNY 1,627.91 million from CNY 1,871.30 million in the previous year [16]. - Non-current liabilities totaled CNY 1,021.73 million, down from CNY 1,123.42 million year-on-year [16]. - The company's total equity was CNY 7,940.85 million, slightly down from CNY 7,955.21 million in the previous year [16]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 70,044, with the top 10 shareholders holding 44.92% of the shares [11]. - Hangzhou Songcheng Group Holding Co., Ltd. holds 29.48% of the shares, amounting to 770,835,254 shares, with 99,000,000 shares pledged [11]. Operational Challenges - Revenue from operations decreased by 61.78% year-to-date, primarily due to intermittent closures of scenic spots caused by the pandemic [8]. - Cash received from sales of goods and services decreased by 57.53% year-on-year, reflecting the impact of pandemic-related closures [10]. - Research and development expenses decreased by 61.84% year-on-year, attributed to a slowdown in R&D progress due to the pandemic [9]. Other Financial Metrics - Other comprehensive income after tax was CNY 57.88 million, compared to a loss of CNY 38.57 million in the same period last year [18]. - The company reported a significant increase of 589.32% in cash received from the disposal of subsidiaries and other business units, indicating strategic divestitures [10]. - The cash outflow for purchasing goods and services was ¥51,675,131.90, down 62.5% from ¥137,720,818.13 in the previous year [19]. - The cash outflow for fixed asset purchases was ¥180,376,467.85, a significant decrease from ¥624,551,232.59 in Q3 2021 [19]. - The impact of exchange rate changes on cash and cash equivalents was ¥14,518,014.50, compared to ¥333,184.86 in Q3 2021, showing a notable increase [20].