SFC(SH:601595)2025-04-21 11:05Financial Performance - The company's operating revenue for Q1 2025 was CNY 247,533,452.95, representing a 17.90% increase compared to CNY 209,959,238.79 in the same period last year[5] - Net profit attributable to shareholders was CNY 65,271,930.79, a 41.55% increase from CNY 46,112,631.18 year-over-year[5] - The basic earnings per share increased by 50.00% to CNY 0.15 from CNY 0.10 in the previous year[5] - The weighted average return on equity rose to 3.90%, an increase of 1.14 percentage points compared to 2.76% last year[5] - Net profit for Q1 2025 was ¥71,226,210.82, representing a 37.36% increase from ¥51,816,091.74 in Q1 2024[21] - Earnings per share for Q1 2025 were ¥0.15, compared to ¥0.10 in Q1 2024, reflecting a 50% increase[22] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 23,454,461.86, compared to negative CNY 1,841,639.00 in the same period last year, indicating a significant decline[5] - Cash inflow from operating activities for Q1 2025 was $774,749,459.81, compared to $557,217,135.24 in Q1 2024, representing an increase of approximately 39%[23] - Net cash flow from operating activities for Q1 2025 was -$23,454,461.86, a decline from -$1,841,639.00 in Q1 2024[23] - The ending cash and cash equivalents balance for Q1 2025 was $342,065,132.79, down from $384,899,539.62 in Q1 2024[24] - Total cash and cash equivalents decreased by $82,199,762.10 in Q1 2025, compared to a decrease of $327,812,798.43 in Q1 2024[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,686,449,995.45, a decrease of 0.81% from CNY 2,708,373,902.77 at the end of the previous year[6] - Total liabilities decreased to ¥792,076,960.00 in Q1 2025 from ¥885,227,078.14 in Q1 2024, a reduction of approximately 10.52%[17] - Total equity increased to ¥1,894,373,035.45 in Q1 2025 from ¥1,823,146,824.63 in Q1 2024, an increase of about 3.90%[17] - The company's current assets totaled RMB 1,057,540,421.57, an increase from RMB 989,497,786.76 in the previous period[15] - The total non-current assets decreased to RMB 1,628,909,573.88 from RMB 1,718,876,116.01, indicating a decline of approximately 5.2%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,828[10] - The largest shareholder, Shanghai Film (Group) Co., Ltd., holds 69.22% of the shares, totaling 310,228,317 shares[10] - The company reported a total of 310,228,317 shares held by Shanghai Film (Group) Co., Ltd., the largest shareholder[12] - The company has no significant changes in the shareholding structure among the top 10 shareholders[12] Operational Insights - The company reported a significant increase in net profit excluding non-recurring items, which rose by 77.34% due to higher national box office revenues compared to the previous year[8] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22] - There are no applicable reminders regarding the company's operational situation during the reporting period[13] - The company did not report any new investments or acquisitions during the quarter, focusing instead on managing existing cash flows[24] Cost Management - Total operating costs for Q1 2025 were ¥187,066,040.14, up 9.54% from ¥170,446,246.39 in Q1 2024[20] - The company reported an investment income of ¥3,748,883.66 in Q1 2025, down from ¥8,703,829.99 in Q1 2024, indicating a focus on improving core operations[21] - The company maintained stable employee compensation payments, with $48,532,857.93 in Q1 2025, compared to $48,525,807.08 in Q1 2024[23]