BGCTV(SH:600037)2023-04-26 16:00Financial Performance - The weighted average return on equity decreased by 1.21 percentage points to -0.45% compared to the end of the previous year[5]. - Operating revenue for the first quarter was CNY 524.68 million, representing a year-on-year increase of 0.96%[9]. - The net profit attributable to shareholders of the listed company was a loss of CNY 58.44 million, a decline of 159.82% compared to the same period last year[9]. - Basic and diluted earnings per share were both CNY -0.0420, reflecting a decrease of 159.83% year-on-year[9]. - The company reported a net loss of ¥58,441,297.59 for the current period, compared to a net profit of ¥97,690,077.20 in the previous period[24]. - Basic and diluted earnings per share were both ¥-0.0420, down from ¥0.0702 in the previous period[24]. - The total comprehensive income attributable to the parent company was ¥-58,441,297.59, compared to ¥97,690,077.20 in the previous period[24]. Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 16.08 billion, a decrease of 0.48% from the previous year[5]. - The total liabilities amounted to approximately CNY 3.04 billion, a slight decrease from CNY 3.06 billion at the end of the previous year[21]. - The total equity attributable to shareholders of the listed company was CNY 13.04 billion, down 0.45% from the previous year[21]. - As of March 31, 2023, the company's total assets amounted to approximately ¥16.08 billion, a slight decrease from ¥16.16 billion as of December 31, 2022[35]. - The company's cash and cash equivalents decreased to approximately ¥6.74 billion from ¥7.96 billion year-over-year[34]. - The total liabilities decreased to approximately ¥9.14 billion from ¥9.05 billion year-over-year[34]. Cash Flow - Net cash flow from operating activities was CNY 87.10 million, down 9.22% from the previous year[9]. - The net cash flow from operating activities for Q1 2023 was approximately ¥87.10 million, down from ¥95.94 million in Q1 2022[39]. - The company reported cash inflows from operating activities totaling approximately ¥563.77 million, compared to ¥549.78 million in the previous year[39]. - Cash outflows from investing activities increased to approximately ¥1.36 billion in Q1 2023 from ¥1.09 billion in Q1 2022[40]. - The net cash flow from investing activities was negative at approximately -¥1.31 billion, compared to -¥1.06 billion in the same period last year[40]. Shareholder Information - The number of common shareholders at the end of the reporting period was 61,016, with no preferred shareholders restoring voting rights[15]. - The largest shareholder, China Broadcasting Network Co., Ltd., holds 19.09% of the shares, totaling 265,635,026 shares[32]. - The second-largest shareholder, Beijing Beiguang Media Investment Development Center, holds 18.34% of the shares, totaling 255,217,966 shares[32]. Other Information - The company reported a significant decline in the fair value of financial assets compared to the same period last year, impacting net profit[14]. - The company recorded a loss of ¥59,895,651.83 due to a decline in the fair value of financial assets held[29]. - Non-operating income included government subsidies amounting to ¥2,715,390.89, primarily from amortization of government grants[29]. - The company disposed of fixed assets resulting in a loss of ¥398,331.32[29]. - The company has not disclosed any significant new product developments or market expansion strategies in the current report[30]. - There are no reported changes in the ownership structure or significant mergers and acquisitions during the reporting period[30]. - The company's accounts receivable increased to approximately ¥523.90 million from ¥477.12 million year-over-year[34]. - The company's inventory slightly decreased to approximately ¥340.79 million from ¥343.18 million as of December 31, 2022[34]. - The company maintained goodwill at approximately ¥1.30 million, unchanged from the previous period[35].