星辉娱乐(300043) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥414,409,569.31, representing a 37.13% increase compared to ¥302,205,055.92 in the same period last year[4]. - The net loss attributable to shareholders decreased to ¥47,584,421.20, a 50.81% improvement from a loss of ¥96,740,009.42 in the previous year[4]. - The net cash flow from operating activities surged to ¥104,548,914.76, marking a significant increase of 1,001.84% from ¥9,488,571.61 in the prior year[4]. - The net profit attributable to shareholders increased by CNY 49.1556 million, a growth of 50.81%, mainly due to the reduction in losses from the Espanyol Football Club during the reporting period[13]. - The net cash flow from operating activities increased by CNY 95.0603 million, a growth of 1,001.84%, primarily due to an increase in cash received from sales of goods and services during the reporting period[13]. - The company reported a total comprehensive loss of ¥26,386,386.83, compared to a loss of ¥118,596,829.38 in the previous period, indicating a significant improvement[28]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,943,140,701.53, up 4.03% from ¥3,790,356,736.69 at the end of the previous year[4]. - The total liabilities increased to 2.53 billion yuan from 2.35 billion yuan, with current liabilities at 1.89 billion yuan[25]. - The company's total assets and equity amounted to ¥3,943,140,701.53 and ¥1,416,188,201.87 respectively, indicating a growth in total assets[26]. Cash and Cash Equivalents - The company's cash and cash equivalents increased by 132.72% to ¥215,115,169.66, primarily due to increased sports business revenue following the return of the Espanyol club to La Liga[9][10]. - The net increase in cash and cash equivalents rose by CNY 94.2849 million, a growth of 1,499.65%, attributed to the increase in net cash flow from operating activities[14]. - The ending balance of cash and cash equivalents was $156,606,696.45, up from $107,939,053.09 in the prior period[31]. Expenses and Costs - The company reported a 60.10% increase in selling expenses, totaling ¥163,701,673.28, attributed to higher promotional investments in gaming business[9][11]. - Total operating costs increased to ¥477,196,536.89, up 11.5% from ¥427,763,388.45 in the previous period[27]. - Research and development expenses decreased to ¥16,292,959.39 from ¥20,359,043.45, reflecting a 20.4% reduction[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 64,085[16]. - The largest shareholder, Chen Yansheng, holds 32.77% of the shares, totaling 407,721,600 shares[16]. - The top ten shareholders collectively hold 34.62% of the company's shares, with Chen Yansheng and Chen Dongqiong being the actual controllers[17]. Business Segments - The toy business revenue showed stable growth, with new products launched including Lamborghini SC63 remote control car and BMW V8 LMDH remote control car, contributing to overall revenue[21]. - The game business revenue increased significantly by 106.11% quarter-on-quarter, driven by the launch of new games, although advertising expenses rose, impacting overall profitability[22]. - The football club business saw a substantial increase in broadcasting rights, sponsorship, and ticketing revenue, although overall income did not cover operational costs, leading to reduced losses[23]. Investment Income - Investment income rose significantly by 320.89% to ¥1,342,081.59, driven by improved net profits from associated companies[9][11]. - The company recorded an investment income of ¥1,342,081.59, a turnaround from a loss of ¥607,583.53 in the previous period[27]. Other Comprehensive Income - Other comprehensive income increased by 254.58% to ¥12,846,987.23, mainly due to gains from foreign currency translation adjustments[9][10]. - The after-tax net amount of other comprehensive income increased by CNY 42.9273 million, a growth of 198.55%, primarily due to foreign currency translation differences arising from the consolidation of overseas subsidiaries during the reporting period[13]. Exchange Rate Impact - The impact of exchange rate changes on cash and cash equivalents increased by CNY 17.8740 million, a growth of 736.33%, mainly due to exchange rate fluctuations during the reporting period[13]. - The impact of exchange rate changes on cash and cash equivalents was $20,301,435.72, significantly higher than $2,427,449.89 in the prior period[31]. Audit Information - The company did not undergo an audit for the first quarter report[32].