大晟文化(600892) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was CNY 139,632,871.83, a decline of 17.52% year-on-year[7] - Net profit attributable to shareholders decreased by 91.74% to CNY 7,744,983.49 for the first nine months[7] - Basic and diluted earnings per share dropped by 91.67% to CNY 0.014[7] - The net profit attributable to the parent company for the first three quarters of 2018 was RMB 7.75 million, a decrease of RMB 85.99 million compared to the same period last year[15] - Total revenue for the third quarter was ¥39,690,509.09, a decrease of 43.6% compared to ¥70,296,673.52 in the same period last year[31] - Net profit for the third quarter was a loss of ¥1,977,515.94, compared to a profit of ¥60,273,760.04 in the same period last year[32] - The company reported a net loss attributable to the parent company of ¥720,813.63 for Q3 2018, compared to a profit of ¥58,934,861.15 in the same period last year[33] - The total profit for the first nine months was -¥2,445,440.70, compared to a profit of ¥30,459,802.90 in the same period last year[34] Cash Flow - Net cash flow from operating activities was negative at CNY -65,714,211.10, a decrease of 331.84% compared to the same period last year[7] - Cash flow from operating activities for the first nine months was ¥151,085,996.28, down from ¥212,004,241.91 in the previous year[37] - Operating cash inflow for Q3 2018 totaled CNY 162,398,631.50, while cash outflow was CNY 228,112,842.60, resulting in a net cash flow of -CNY 65,714,211.10[38] - Investment cash inflow amounted to CNY 402,611,558.28, with cash outflow of CNY 388,039,922.83, leading to a net cash flow of CNY 14,571,635.45[38] - Financing cash inflow was CNY 170,588,000.00, while cash outflow reached CNY 250,866,597.23, resulting in a net cash flow of -CNY 80,278,597.23[39] - For the first nine months of 2018, operating cash inflow was CNY 4,231,669.52, with cash outflow of CNY 56,992,791.03, resulting in a net cash flow of -CNY 52,761,121.51[42] - Investment cash inflow for the first nine months was CNY 430,906,900.08, while cash outflow was CNY 476,364,684.19, leading to a net cash flow of -CNY 45,457,784.11[43] - Financing cash inflow for the first nine months totaled CNY 250,000,000.00, with cash outflow of CNY 196,754,138.89, resulting in a net cash flow of CNY 53,245,861.11[43] Assets and Liabilities - Total assets decreased by 10.51% to CNY 2,498,548,221.55 compared to the end of the previous year[7] - Cash and cash equivalents decreased by CNY 13,142.12 million to CNY 175.01 million, primarily due to payments for equity transfer[13] - Other receivables decreased by CNY 9,628.12 million to CNY 38.61 million, mainly due to performance compensation being reclassified to investment costs[13] - Other current assets decreased by CNY 14,370.91 million to CNY 25.06 million, attributed to a decline in the balance of financial products held[13] - Short-term borrowings decreased by CNY 5,000.00 million to CNY 40.00 million, reflecting repayments of bank loans[14] - As of September 30, 2018, total assets amounted to RMB 2.50 billion, down from RMB 2.79 billion at the beginning of the year[24] - Total assets decreased to ¥2,027,945,840.16 from ¥2,135,193,470.09 at the beginning of the year, reflecting a decline of 5.0%[29] - Current assets totaled ¥424,899,510.73, down 20.1% from ¥531,985,536.50 at the start of the year[28] - The company’s total liabilities decreased to ¥341,571,251.70 from ¥446,058,768.46, a reduction of 23.4%[29] - Shareholders' equity totaled ¥1,686,374,588.46, slightly down from ¥1,689,134,701.63 at the beginning of the year[29] Expenses - Operating costs for the period were RMB 11.84 million, down RMB 14.18 million year-on-year, primarily due to a decrease in film and television revenue[15] - Sales expenses decreased to RMB 3.96 million, a reduction of RMB 28.48 million year-on-year, mainly due to a large promotional campaign in 2017[15] - R&D expenses increased to RMB 57.07 million, up RMB 30.19 million year-on-year, attributed to the consolidation of Qiyao Entertainment since August 2017[15] - Financial expenses rose to RMB 9.80 million, an increase of RMB 6.98 million year-on-year, mainly due to increased loan interest from a subsidiary[16] - The company reported a significant increase in management expenses, totaling ¥11,709,248.51 for the first nine months, compared to ¥10,420,675.05 last year[34] Investment Activities - The company plans to issue non-public corporate bonds not exceeding RMB 600 million to optimize its financial structure[19] - The company recognized investment income of ¥3,631,515.88 for the first nine months, down from ¥5,306,301.37 in the previous year[34] - The company received CNY 588,000.00 from investment and CNY 40,000,000.00 from loans during the financing activities[39] - The company reported a significant increase in cash received from other operating activities, totaling CNY 10,436,059.89 in Q3 2018[38]