DS CULTURE(SH:600892)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥56,547,771.25, representing a 32.55% increase compared to the same period last year[5]. - The net profit attributable to shareholders decreased by 58.39% to ¥5,535,321.57 in Q3 2023[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥17,267,514.47, a decrease of 14,074.94% compared to the previous year[5]. - The basic and diluted earnings per share for Q3 2023 were both ¥0.01, down 50% from the previous year[6]. - The weighted average return on equity decreased by 4.95 percentage points to 2.97% compared to the previous year[6]. - Net profit for the first three quarters of 2023 was ¥2,599,294.92, a significant decrease compared to ¥22,301,352.07 in 2022, indicating a decline of approximately 88.4%[20]. - The company reported an operating profit of -¥6,014,366.86 for the first three quarters of 2023, compared to an operating profit of ¥8,245,534.01 in 2022, indicating a significant downturn[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥348,560,936.66, down 8.73% from the end of the previous year[6]. - The company's total assets decreased from ¥381,884,676.28 in the previous year to ¥348,560,936.66 in 2023, a reduction of about 8.7%[18]. - Total liabilities decreased to ¥148,962,230.90 from ¥175,246,430.59, showing a reduction of approximately 15.0%[17]. - The company's equity attributable to shareholders increased to RMB 188,399,802.11 from RMB 178,672,738.04, reflecting a growth of about 5.0%[17]. - The company's total liabilities and equity decreased from ¥381,884,676.28 in 2022 to ¥348,560,936.66 in 2023, a decline of approximately 8.7%[18]. Cash Flow - Cash flow from operating activities was -¥40,001,856.68, indicating a significant cash outflow[6]. - The net cash flow from operating activities was -$40,001,856.68, a significant decline compared to $15,987,979.77 in the previous year[23]. - Cash outflows for operating activities totaled $212,878,001.15, an increase from $178,675,644.46 year-over-year[23]. - The net cash flow from financing activities was -$8,184,888.71, compared to -$45,212,332.99 in the same quarter last year[24]. - The total cash and cash equivalents at the end of the period reached $85,723,360.20, compared to $102,868,303.45 at the end of the previous year[24]. Expenses and Investments - Total operating costs increased to ¥194,831,087.67 in 2023 from ¥154,446,391.94 in 2022, representing a rise of about 26.2%[19]. - Research and development expenses for the first three quarters of 2023 were ¥60,096,221.71, up from ¥57,000,145.92 in 2022, marking an increase of approximately 3.7%[19]. - The company reported a significant increase in inventory, which rose to RMB 23,229,266.49 from RMB 21,928,134.41, marking an increase of approximately 5.9%[16]. - The company experienced a 121.02% increase in prepaid expenses at the end of the reporting period, mainly due to prepayments for film and television investments[9]. Shareholder Information - The number of shares held by the top shareholder, Zhou Zhenke, is 126,373,120, representing 22.59% of total shares[13]. - The company has a total of 24,000,000 shares held by Shenzhen Dashing Asset Management Co., Ltd. through margin trading[13]. Other Income and Gains - Investment income increased by 4,080.99% year-to-date, primarily due to gains from the disposal of a subsidiary[9]. - Other income for the first three quarters of 2023 was ¥1,504,265.32, down from ¥3,139,033.43 in 2022, reflecting a decrease of approximately 52%[19]. - Cash inflows from other investment-related activities were $11,000,000.00, compared to $4,980,000.00 in the previous year[23]. - The company reported a cash inflow of $15,300,000.00 from other financing activities, which was not present in the previous year[23]. Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in the current report[14].