天舟文化(300148) - 2018 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2018 was ¥168,589,381.77, a decrease of 1.18% compared to ¥170,597,686.79 in the same period last year[7] - Net profit attributable to shareholders was ¥58,770,663.75, down 0.11% from ¥58,832,602.95 year-on-year[7] - Net profit excluding non-recurring gains and losses was ¥54,976,828.18, a decline of 2.81% from ¥56,567,402.46 in the previous year[7] - Basic earnings per share decreased by 22.22% to ¥0.07 from ¥0.09 year-on-year[7] - The company reported a total revenue of 176,627.54 million RMB for the first quarter of 2018[30] - Net profit for Q1 2018 was CNY 51.64 million, down from CNY 56.43 million in Q1 2017, representing a decrease of 8.67%[48] - The total comprehensive income for the period was CNY 51,156,039.68, compared to CNY 56,432,601.72 in the previous period[49] - The net profit for the period was CNY -2,299,598.69, a decrease from CNY -1,516,268.13 in the previous period, indicating a worsening performance[52] Cash Flow - Net cash flow from operating activities was -¥96,117,645.59, representing a decrease of 32.20% compared to -¥72,703,581.71 in the same period last year[7] - Operating cash flow for the period was CNY -96,117,645.59, compared to CNY -72,703,581.71 in the previous period, reflecting increased cash outflows[56] - The net cash flow from operating activities was -79,888,479.21, compared to -40,915,736.13 in the previous period, indicating a decline of approximately 95%[60] - Total cash inflow from operating activities was 9,055,410.86, down from 27,382,351.46, representing a decrease of about 67%[60] - Cash outflow from operating activities totaled 88,943,890.07, an increase of approximately 30% from 68,298,087.59 in the previous period[60] - The company reported a cash balance of approximately 929.74 million yuan at the end of the reporting period, down from 985.04 million yuan at the beginning[38] - Cash and cash equivalents decreased to CNY 493.00 million from CNY 528.71 million, a decline of 6.73%[43] - The ending cash and cash equivalents balance was 493,000,214.03, down from 660,399,530.83, a decrease of about 25%[61] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,776,606,529.03, a slight increase of 0.06% from ¥4,773,756,597.06 at the end of the previous year[7] - The total assets of the company at the end of Q1 2018 were CNY 4.34 billion, a slight decrease from CNY 4.39 billion at the beginning of the year[44] - The total liabilities decreased to CNY 458.03 million from CNY 499.34 million, indicating a reduction of 8.27%[41] - The equity attributable to shareholders of the parent company increased to CNY 4.23 billion, up from CNY 4.17 billion, reflecting a growth of 1.25%[41] Investments and Acquisitions - The company is actively pursuing investments and acquisitions to extend its business scope, while managing associated risks[9] - The company repurchased a total of 24,288,703 shares, accounting for 2.87% of the total share capital[25] - The total amount of funds raised was 1.75 billion yuan, with 9.14 million yuan invested in the current quarter[28] - The acquisition of Youai Network has reached a completion rate of 82.45%, with CNY 44,431.19 million utilized out of CNY 53,890.28 million[29] - The project for the acquisition of Shenqi Times has been fully funded at CNY 10,899.84 million, achieving 100% completion[29] - The company invested 29.4 million yuan to acquire a 49% stake in Beijing Beizhou Cultural Media Co., Ltd., which has since been divested to adjust business structure[31] Operational Challenges - Operating costs rose by 59.84%, amounting to 748.98 million yuan, mainly due to increased costs in mobile network games[19] - The marketing network construction project has only utilized CNY 230.86 million, which is 6.95% of the total CNY 3,320.40 million allocated[29] - The marketing network construction project has been slowed down to improve capital efficiency due to the impact of digital publishing and e-commerce[30] - The investment in Zhejiang Tianzhou did not meet expected returns, leading to its dissolution in May 2016 due to severe inventory backlog[30] - The educational content resource development project has been hindered by regulatory changes, preventing the establishment of a joint venture with the Chinese Academy of Education Sciences[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,963[11] - The company has maintained its cash dividend policy without adjustments or changes during the reporting period[32] - There were no non-operating fund occupations by controlling shareholders or related parties reported[34] - The company has no violations regarding external guarantees during the reporting period[33]