CIH(SH:600715)2020-10-29 16:00Financial Performance - Operating revenue for the first nine months dropped by 80.64% to CNY 281,988,813.91 compared to the same period last year[6]. - Net profit attributable to shareholders was a loss of CNY 788,325,052.98, a decrease of 1,860.57% compared to the same period last year[6]. - Basic and diluted earnings per share were both CNY -0.43, a decrease of 2,054.55% compared to the same period last year[7]. - Total operating revenue for Q3 2020 was ¥86,963,819.26, a decrease from ¥355,744,528.17 in Q3 2019[35]. - Net profit for Q3 2020 was a loss of ¥316,050,992.40, compared to a loss of ¥5,050,903.36 in Q3 2019[36]. - The net profit attributable to the parent company for Q3 2020 was -310,477,248.07 CNY, compared to a profit of 14,990,935.70 CNY in Q3 2019, indicating a significant decline[37]. - Total comprehensive income for Q3 2020 was -316,050,992.40 CNY, down from 34,228,512.34 CNY in Q3 2019[38]. - The net loss for the first three quarters of 2020 was -144,811,150.31 CNY, compared to a profit of 21,636,163.74 CNY in the same period of 2019[41]. Assets and Liabilities - Total assets decreased by 7.19% to CNY 10,248,544,014.68 compared to the end of the previous year[6]. - Current assets totaled CNY 4,550,378,914.52, down from CNY 5,056,657,600.11, indicating a decrease of about 10%[28]. - The company's cash and cash equivalents decreased to CNY 534,413,501.49 from CNY 884,086,724.10, representing a decline of approximately 39.6%[28]. - Accounts receivable decreased by 35.44% to approximately 537.58 million CNY, attributed to collections from gaming business and service fees[16]. - Total liabilities increased slightly to CNY 4,635,665,086.04 from CNY 4,624,536,195.90, showing a marginal increase of about 0.2%[29]. - The company's equity attributable to shareholders decreased to CNY 5,612,380,540.96 from CNY 6,400,705,593.94, a decline of approximately 12.3%[29]. - Total liabilities as of Q3 2020 amounted to ¥3,678,535,966.70, an increase from ¥3,425,215,395.89 in the previous year[32]. - Total equity decreased to ¥7,073,349,302.89 in Q3 2020 from ¥7,218,160,453.20 in Q3 2019[32]. Cash Flow - The net cash flow from operating activities for the first nine months was CNY 253,970,621.97, a significant improvement from a negative cash flow of CNY -400,091,766.03 in the same period last year[6]. - The net cash flow from operating activities for the third quarter of 2020 was negative at ¥83,356,494.34, compared to a negative ¥157,550,964.72 in the same quarter of 2019[49]. - Cash outflow from operating activities decreased to ¥909,503,219.32 in 2020 from ¥2,074,711,262.77 in 2019, a reduction of 56.2%[45]. - The net cash flow from investing activities was negative at ¥526,990,275.95 for the third quarter of 2020, compared to a negative ¥1,013,818,368.01 in the same quarter of 2019[46]. - Cash inflow from financing activities totaled ¥1,126,660,000.00 in the third quarter of 2020, a decrease of 16.9% from ¥1,356,893,750.00 in the same quarter of 2019[46]. Shareholder Information - The company reported a total of 29,905 shareholders as of the report date[9]. - The top ten shareholders held a combined 70.56% of the shares, with Beijing Wenzi Holdings Co., Ltd. holding 20.35%[10]. Market and Operations - The domestic film market total box office reached CNY 8.289 billion, with domestic films accounting for CNY 6.213 billion[11]. - The number of cinema screens in China reached 70,170, with a total of 11,679 cinemas operating[11]. - The company released 2 films during the reporting period, generating a total box office of 281 million CNY, accounting for 3.39% of the national box office[12]. - The company operates 118 cinemas with 881 screens, achieving a box office of 67 million CNY and 2,066,465 admissions, representing 0.81% of the national box office[12]. Gaming Business - The company's gaming business reported a revenue of 119.96 million CNY, a decrease of 55% compared to the previous year[14]. - The total registered users for the game "Attack on the Three Kingdoms" reached 3.113 million, with 313,500 paying users and a recharge amount of 478.29 million CNY[14]. Financial Expenses and Income - Financial expenses increased by 34.58% to approximately 121.83 million CNY, primarily due to rising interest expenses[18]. - Other income increased by 97.63% to approximately 21.21 million CNY, mainly from increased government subsidies[19]. - Financial expenses for Q3 2020 were ¥45,654,694.90, compared to ¥24,725,877.57 in Q3 2019, representing an increase of approximately 84.5%[35]. - The interest expense for Q3 2020 was 39,295,815.65 CNY, compared to 21,695,359.69 CNY in Q3 2019[41].