金逸影视(002905) - 2024 Q3 - 季度财报

Financial Performance - Total revenue for Q3 2024 was ¥263,055,780.84, a decrease of 44.49% compared to the same period last year[2]. - Net profit attributable to shareholders was -¥38,680,640.02, representing a decline of 162.21% year-over-year[2]. - Net profit excluding non-recurring items was -¥65,645,446.36, down 246.02% from the previous year[2]. - Total operating revenue for Q3 2024 was CNY 826,703,003.41, a decrease of 26.9% compared to CNY 1,131,564,779.46 in the same period last year[20]. - The net profit for Q3 2024 was -108,363,039.26 CNY, compared to a profit of 85,941,126.43 CNY in Q3 2023, representing a significant decline[21]. - Operating profit for Q3 2024 was -94,298,904.54 CNY, down from 98,865,393.67 CNY in the same period last year[21]. - The company reported a total comprehensive income of -108,163,805.42 CNY for Q3 2024, compared to 84,884,091.32 CNY in Q3 2023[22]. - Basic and diluted earnings per share for Q3 2024 were both -0.29 CNY, compared to 0.23 CNY in Q3 2023[22]. Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was ¥117,634,916.32, a decrease of 68.79% compared to the same period last year[8]. - Cash flow from operating activities for Q3 2024 was 117,634,916.32 CNY, down from 376,891,195.68 CNY in Q3 2023, indicating a decrease of about 68.8%[24]. - Cash flow from investing activities showed a net inflow of 34,245,608.25 CNY in Q3 2024, contrasting with a net outflow of -139,091,701.86 CNY in Q3 2023[24]. - The cash and cash equivalents as of the reporting date were approximately 460.84 million RMB, down from 639.32 million RMB in the previous period[16]. - The cash and cash equivalents at the end of Q3 2024 were 390,801,458.10 CNY, slightly down from 404,698,991.39 CNY at the beginning of the period[25]. Assets and Liabilities - Total assets as of September 30, 2024, were ¥3,499,111,787.83, down 13.41% from the end of the previous year[3]. - The company's total assets decreased to CNY 3,499,111,787.83 from CNY 4,040,982,051.75, reflecting a decline of 13.4%[19]. - The total liabilities decreased to CNY 3,444,493,726.90 from CNY 3,875,646,995.00, a reduction of 11.1%[18]. - Shareholders' equity attributable to the parent company was ¥48,062,461.32, a decrease of 69.16% year-over-year[3]. - The company's total equity attributable to shareholders decreased to CNY 48,062,461.32 from CNY 155,823,766.30, a decline of 69.1%[19]. Market Performance - The total box office revenue for the domestic film market in the first three quarters of 2024 was 34.768 billion RMB, a year-on-year decrease of 23.73%[12]. - The number of moviegoers in the first three quarters of 2024 was 706 million, down 34.08% year-on-year[12]. - The company's direct-operated cinemas achieved a box office of 758 million RMB in the first nine months of 2024, a decrease of 30.54% year-on-year[12]. - The box office for the company's direct-operated cinemas in Q3 2024 was 243 million RMB, down 47.69% year-on-year[12]. - The company participated in the co-production of the summer film "I Don't Want to Be Friends with You," which achieved a box office of 204 million RMB[12]. Other Income and Expenses - Other income decreased by 73.20% to ¥15,839,291.74 due to a reduction in government subsidies recognized[7]. - The company reported a significant decrease in other income, which fell to 15,839,291.74 CNY in Q3 2024 from 59,111,483.33 CNY in Q3 2023[21]. - The company incurred interest expenses of 108,489,379.32 CNY in Q3 2024, compared to 115,750,051.14 CNY in Q3 2023[21]. - The company's inventory increased to CNY 19,601,722.56 from CNY 16,429,848.57, an increase of 13.2%[19]. - The company reported a decrease in sales expenses to CNY 128,436,788.96 from CNY 121,516,224.59, a reduction of 5.5%[20]. Investment Activities - Investment activities generated a net cash flow of ¥34,245,608.25, an increase of 124.62% compared to the previous year[9]. - The company held 5,868,545 shares of Shenzhen Zhonghui Film and Television Culture Co., Ltd., with a buyback agreement in progress[13]. - The company signed a share transfer agreement for 2,934,272 shares of Zhonghui Film for a total consideration of 50 million RMB[14]. - The company received a total of 25 million RMB in transfer payments from Hongxin Culture as of August 30, 2024[15].