DDMC(SH:600136)2022-10-30 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥157,510,774.41, a decrease of 77.35% compared to the same period last year[6]. - The net profit attributable to shareholders was -¥206,817,042.98, representing a decline of 370.76% year-on-year[6]. - Basic earnings per share were -¥0.35, a decrease of 800% compared to the same period last year[6]. - Total operating revenue for the first three quarters of 2022 was approximately ¥962.21 million, a decrease of 36.3% compared to ¥1,509.75 million in the same period of 2021[22]. - Net profit for the first three quarters of 2022 was a loss of approximately ¥671.42 million, compared to a loss of ¥172.36 million in the same period of 2021[23]. - The total comprehensive income for the first three quarters of 2022 was a loss of approximately ¥312.36 million, compared to a loss of ¥172.75 million in the same period of 2021[24]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥11,682,725.81, down 98.03% compared to the previous year[6]. - Cash flow from operating activities for the first three quarters of 2022 was approximately ¥11.68 million, a sharp decline from ¥593.47 million in the same period of 2021[26]. - Cash inflow from operating activities decreased significantly to approximately ¥495.99 million, down from ¥1,315.11 million in the previous year[26]. - The net cash flow from investing activities was $4,649,304.72, a significant improvement compared to the previous year's negative cash flow of -$670,258,281.03[27]. - The net cash flow from financing activities was -$16,424,120.84, compared to -$248,551,302.61 in the same period last year[27]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,066,053,150.63, an increase of 5.37% from the end of the previous year[6]. - The company's total liabilities reached RMB 7,146,371,879.11, compared to RMB 6,466,742,192.88 in 2021, representing a rise of approximately 10.51%[19]. - The equity attributable to shareholders decreased by 32.10% to ¥654,150,226.99 compared to the end of the previous year[6]. - The company's equity attributable to shareholders decreased to RMB 444,153,366.91 from RMB 654,150,226.99, a decline of about 32.06%[19]. Receivables and Payables - Accounts receivable increased by 56.56% due to the recognition of copyright sales in the current period[10]. - Other receivables surged by 269.66% primarily due to foreign currency translation adjustments[10]. - Payables increased by 260.31% mainly due to the recognition of copyright procurement costs[10]. - The accounts receivable increased significantly to RMB 900,171,001.36 from RMB 574,970,688.04, marking an increase of about 56.55%[17]. Legal and Compliance - The company has committed to ensuring the accuracy and completeness of the financial report, taking legal responsibility for any misstatements[2]. - The company is currently facing uncertainties regarding the effectiveness of the LaLiga event sub-license agreement signed on July 19, 2022[3]. - The company plans to revise its previously disclosed financial reports due to uncertainties surrounding a licensing agreement, which could impact reported revenues[16]. - The company is facing a legal claim for a total of EUR 96,756,849.32 (approximately RMB 678,778,325.03) related to a licensing agreement, which may affect its financial position[16]. Other Financial Metrics - Non-recurring gains and losses for the reporting period amounted to ¥458,611.46[9]. - The company reported a significant increase in financial expenses, totaling approximately ¥404.32 million, compared to ¥326.18 million in the previous year, with interest expenses accounting for ¥288.64 million[22]. - The company recorded an investment loss of approximately ¥22.83 million, compared to a loss of ¥84.42 million in the previous year[22]. - Other comprehensive income after tax for the first three quarters of 2022 was approximately ¥359.05 million, contrasting with a loss of ¥384,367.16 in the previous year[24]. - The company reported a significant decline in both revenue and profit margins due to adjustments in revenue recognition principles related to AFC events[7].