CIH(600715)2025-04-29 14:43Financial Performance - The company's operating revenue for Q1 2025 was ¥130,978,553.48, a decrease of 3.87% compared to ¥136,245,928.81 in the same period last year[4] - Net profit attributable to shareholders was ¥14,788,133.00, a significant recovery from a loss of ¥80,527,485.29 in the previous year[4] - The net cash flow from operating activities increased by 423.97% to ¥68,084,923.06, compared to ¥12,994,167.53 in the same period last year[4] - Total operating revenue for Q1 2025 was ¥130,978,553.48, a decrease of 3.3% from ¥136,245,928.81 in Q1 2024[20] - Net profit for Q1 2025 was ¥14,982,273.15, compared to a net loss of ¥81,270,694.16 in Q1 2024, indicating a substantial turnaround[21] - Operating profit for Q1 2025 was ¥15,173,554.45, contrasting with an operating loss of ¥44,161,564.56 in Q1 2024[21] - The company reported a total comprehensive income of ¥15,482,273.15 in Q1 2025, compared to a total comprehensive loss of ¥81,270,694.16 in Q1 2024[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,720,380,211.98, down 3.36% from ¥1,780,156,169.18 at the end of the previous year[5] - As of March 31, 2025, the total current assets amounted to RMB 1,200.73 million, down from RMB 1,258.81 million at the end of 2024[15] - The total liabilities as of March 31, 2025, were RMB 594.99 million, a decrease from RMB 670.25 million at the end of 2024[17] - The total assets as of March 31, 2025, were RMB 1,720.38 million, compared to RMB 1,780.16 million at the end of 2024[18] - The company's total equity attributable to shareholders was RMB 1,131.22 million, an increase from RMB 1,115.93 million at the end of 2024[18] Earnings and Shareholder Equity - The equity attributable to shareholders increased by 1.37% to ¥1,131,215,505.19 from ¥1,115,927,372.19 at the end of the previous year[5] - The basic earnings per share for the period was ¥0.004, recovering from a loss of ¥0.04 per share in the same period last year[4] - Basic and diluted earnings per share for Q1 2025 were both ¥0.004, compared to a loss of ¥0.04 per share in Q1 2024[22] Cash Flow - Cash flow from operating activities for Q1 2025 was ¥68,084,923.06, a significant increase from ¥12,994,167.53 in Q1 2024[25] - Cash and cash equivalents at the end of Q1 2025 totaled ¥906,621,613.84, up from ¥122,052,026.30 at the end of Q1 2024[25] - The company's cash and cash equivalents were RMB 976.86 million, slightly down from RMB 988.33 million at the end of 2024[15] Government Subsidies and Expenses - The company received government subsidies amounting to ¥1,771,343.78, which positively impacted the financial results[6] - Sales expenses increased by 70.38% primarily due to promotional activities for film projects[7] - Financial expenses decreased by 93.63% as the company completed judicial restructuring, significantly reducing interest expenses[7] Gaming Business Performance - The internet gaming business revenue for Q1 2025 was RMB 2,593.48 million, a decrease of 30.13% compared to RMB 3,711.60 million in the same period last year[13] - The cost of the internet gaming business increased by 4.36% to RMB 431.19 million from RMB 413.17 million year-on-year[13] - The total registered users for the game "Attack on the Three Kingdoms" reached 28.22 million, with a report period recharge amount of RMB 3.72 million[13] - The average revenue per user (ARPU) for "Attack on the Three Kingdoms" was RMB 11.74[13] Credit Impairment - The company incurred a credit impairment loss of ¥-278,322.39 in Q1 2025, a significant improvement from a gain of ¥717,042.05 in Q1 2024[21]