Chinese Media(SH:600373)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥2,028,435,352.50, a decrease of 15.01% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2023 was ¥406,682,571.31, down 8.61% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥481,620,986.27, an increase of 6.24% compared to the same period last year[4]. - Total operating revenue for the first three quarters of 2023 was ¥7,058,843,688.13, a decrease of 8.32% compared to ¥7,699,833,520.16 in the same period of 2022[21]. - Net profit for the third quarter was ¥1,275,848,942.12, an increase of 5.24% compared to ¥1,212,478,430.97 in the previous year[22]. - Net profit for the first three quarters of 2023 was CNY 924.41 million, a decrease of 28.3% compared to CNY 1.29 billion in the same period of 2022[29]. Cash Flow - The net cash flow from operating activities for Q3 2023 was ¥981,876,163.18, an increase of 410.65% year-on-year[6]. - The net cash flow from operating activities for Q3 2023 was ¥1,076,421,314.48, an increase of 64.3% compared to ¥656,314,851.09 in Q3 2022[24]. - Cash flow from operating activities showed a net outflow of CNY 186.53 million in Q3 2023, contrasting with a net inflow of CNY 3.69 billion in Q3 2022[31]. - The company received cash from operating activities totaling ¥7,832,400,993.60 in Q3 2023, down 6.0% from ¥8,332,714,501.77 in Q3 2022[24]. - The company's cash flow from financing activities was primarily driven by cash received from borrowings, which totaled ¥6,508,920,000.00 in Q3 2023, down 27.0% from ¥8,917,000,000.00 in Q3 2022[25]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥31,986,695,680.37, representing an increase of 11.33% from the end of the previous year[6]. - The total liabilities increased to ¥14,039,275,026.62, compared to ¥11,040,803,286.65 in the previous year, reflecting a growth of 27.06%[20]. - The company's total assets reached CNY 27.91 billion in Q3 2023, an increase from CNY 25.62 billion in the same period last year, representing a growth of approximately 8.9%[27]. - The company's total current assets as of September 30, 2023, amount to ¥22,278,450,297.69, an increase from ¥19,186,835,948.73 in the previous year[16]. - Total cash inflow from investment activities decreased to ¥2,857,063,958.32 in Q3 2023 from ¥3,861,738,946.78 in Q3 2022, representing a decline of 26.0%[25]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,343[13]. - The largest shareholder, Jiangxi Publishing Media Group Co., Ltd., holds 755,541,032 shares, accounting for 55.76% of total shares[13]. - The total equity attributable to shareholders reached ¥17,721,352,461.49, an increase from ¥17,485,561,652.12 year-on-year[20]. Investment and Expenses - Investment income for the first three quarters was ¥113,605,661.45, down from ¥145,073,518.02 in the previous year[22]. - The company's financial expenses improved, with a net financial expense of CNY -84.74 million in 2023 compared to CNY -154.17 million in 2022, indicating a reduction of approximately 45%[28]. - The company's management expenses increased to CNY 81.23 million in the first three quarters of 2023, up from CNY 57.50 million in the same period of 2022, indicating an increase of about 41.3%[28]. Future Outlook - The company has not reported any significant new product developments or market expansion strategies in this quarter[15]. - The company plans to focus on market expansion and new product development in the upcoming quarters to drive growth[23].