广西广电(600936) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥262,269,841.77, a decrease of 5.78% compared to ¥278,346,755.36 in the same period last year[4] - The net profit attributable to shareholders was -¥198,126,803.86, worsening from -¥174,671,379.21 year-on-year[4] - Basic and diluted earnings per share were both -¥0.12, compared to -¥0.10 in the same period last year, reflecting a decline[4] - The weighted average return on net assets was -35.85%, down from -12.07% year-on-year[4] - The decline in operating revenue was primarily due to a decrease in cable viewing business income, with 5G new business growth not compensating for the decline in traditional business[7] - The company reported a significant increase in operating costs and credit impairment losses, impacting profitability[7] - Total operating revenue for Q1 2025 was CNY 262,269,841.77, a decrease of 5.4% compared to CNY 278,346,755.36 in Q1 2024[15] - Net loss for Q1 2025 was CNY 198,126,803.86, compared to a net loss of CNY 174,671,379.21 in Q1 2024, indicating a worsening performance[16] Cash Flow - The net cash flow from operating activities was -¥112,582,509.58, compared to -¥99,414,835.61 in the previous year[4] - Cash inflow from operating activities totaled CNY 315,480,528.08 in Q1 2025, down from CNY 332,942,843.21 in Q1 2024[18] - Cash outflow from operating activities was CNY 428,063,037.66 in Q1 2025, slightly lower than CNY 432,357,678.82 in Q1 2024[18] - The net cash flow from financing activities was CNY 359,052,382.07, an increase of 295.5% compared to the previous period[20] - The company reported a significant decrease in cash inflow from other operating activities, dropping to 2,066,833,061.74 from 9,450,884.98[29] Assets and Liabilities - Total assets increased by 1.89% to ¥7,410,800,286.55 from ¥7,273,350,090.73 at the end of the previous year[5] - Shareholders' equity attributable to the parent company decreased by 30.40% to ¥453,652,479.77 from ¥651,779,283.63[5] - The total liabilities increased to CNY 6,957,147,806.78 in the latest reporting period, up from CNY 6,621,570,807.10[15] - The company's total liabilities increased to CNY 4,280,825,813.78, up from CNY 4,163,463,010.42, indicating a rise of 2.8%[23] Current Assets - The company's current assets reached CNY 1.62 billion, up from CNY 1.41 billion, indicating a growth of approximately 14.5%[11] - Cash and cash equivalents increased significantly to CNY 349.66 million from CNY 161.74 million, representing a growth of about 116.5%[11] - Accounts receivable slightly rose to CNY 632.89 million from CNY 627.95 million, showing a marginal increase of approximately 0.3%[11] - The company's long-term receivables increased to CNY 420.74 million from CNY 382.81 million, marking a growth of about 9.9%[12] - Total current assets as of March 31, 2025, were CNY 4,118,986,046.84, slightly up from CNY 4,087,325,948.94[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 46,837[9] - The company reported a total of 465,137,361 shares held by the largest shareholder, accounting for 27.84% of total shares[10] - The company has no significant changes in the top ten shareholders' participation in margin trading and securities lending activities[10] Research and Development - Research and development expenses for Q1 2025 were CNY 12,334,820.24, compared to CNY 13,097,938.03 in Q1 2024, reflecting a decrease in investment in innovation[15] - The company incurred research and development expenses of CNY 13,087,677.03 in Q1 2024, which were not reported in Q1 2025[25] Accounting Standards - The company will not apply new accounting standards starting from 2025[30]