中原传媒(000719) - 2024 Q2 - 季度业绩

I. Key Financial Data and Indicators for H1 2024 H1 2024 saw steady growth in total operating revenue and profit, but net profit attributable to shareholders and non-recurring net profit significantly declined due to tax policy adjustments, impacting EPS and ROE; all data is unaudited Overview of Key Financial Data and Indicators This section provides a preliminary overview of the company's H1 2024 financial performance, noting mixed results with revenue growth but a decline in net profit due to specific factors, with all figures being unaudited - The H1 2024 financial data presented are preliminary and unaudited, potentially differing from the final report, thus investors should be aware of associated investment risks[10] Key Financial Data and Indicators for H1 2024 (Consolidated Statements, Unaudited) | Item | Current Period/End (million yuan) | Prior Period/Beginning (million yuan) | Change (%) | | :---------------------------------------------- | :-------------------------------- | :------------------------------------ | :--------- | | Income Statement Data | | | | | Total Operating Revenue | 4,529.49 | 4,323.38 | 4.77% | | Operating Profit | 526.63 | 496.63 | 6.04% | | Total Profit | 527.80 | 494.13 | 6.81% | | Net Profit Attributable to Shareholders | 353.58 | 471.67 | -25.04% | | Net Profit Attributable to Shareholders After Deducting Non-recurring Gains and Losses | 341.13 | 456.82 | -25.33% | | Basic Earnings Per Share (yuan) | 0.35 | 0.46 | -23.91% | | Weighted Average Return on Net Assets | 3.25% | 4.77% | -1.52% | | Balance Sheet Data | | | | | Total Assets | 18,057.61 | 17,486.83 | 3.26% | | Owners' Equity Attributable to Shareholders | 10,847.25 | 10,924.55 | -0.71% | | Share Capital | 1,023.20 | 1,023.20 | 0.00% | | Net Assets Per Share Attributable to Shareholders (yuan) | 10.60 | 10.68 | -0.75% | - During the reporting period, the company maintained stable operations, achieving total operating revenue of 4,529 million yuan, a 4.77% increase year-over-year; operating profit reached 527 million yuan, up 6.04%; and total profit was 528 million yuan, growing 6.81%[11] - Net profit attributable to shareholders was 354 million yuan, a 25.04% decrease year-over-year; net profit attributable to shareholders after deducting non-recurring gains and losses was 341 million yuan, a 25.33% decrease[11] - Basic earnings per share was 0.35 yuan, a 23.91% decrease year-over-year; the weighted average return on net assets was 3.25%, a 1.52 percentage point decrease[11] II. Explanation of Operating Performance and Financial Position This section details the factors influencing the company's operating performance and financial position, particularly the reasons for the decline in net profit Reasons for Net Profit Decline The significant decline in net profit is primarily attributed to the cessation of corporate income tax exemption for the company's publishing and book distribution units starting January 1, 2024 - Effective January 1, 2024, in accordance with the Ministry of Finance, State Taxation Administration, and Central Propaganda Department's Announcement (No. 71 of 2023), the company's publishing and book distribution units no longer qualify for corporate income tax exemption, leading to a decline in net profit and other related financial data[5] Performance Forecast Status The company did not issue any performance forecasts for H1 2024 prior to the release of this preliminary earnings report - The company had not previously issued any performance forecasts for H1 2024 prior to this preliminary earnings report[6] III. Explanation of Differences from Previous Performance Forecast This section addresses any discrepancies between the current preliminary results and prior performance forecasts, if applicable - This chapter title is mentioned in the report, but no specific content is provided[12] IV. Documents for Reference This section lists supporting documents available for review, ensuring transparency and providing additional context for the report - This chapter title is mentioned in the report, but no specific content is provided, only the board of directors' signatory information[12][13]