广西广电(600936) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 8% to CNY 370.81 million year-on-year[5] - Net profit attributable to shareholders decreased by 51% to CNY 5.55 million compared to the same period last year[5] - Basic and diluted earnings per share dropped by 100% to CNY 0.00[5] - Total operating revenue for Q1 2020 was CNY 370,810,463.77, a decrease of 8.06% compared to CNY 403,443,420.74 in Q1 2019[22] - Net profit for Q1 2020 was CNY 5,562,622.21, a decline of 51.06% from CNY 11,365,314.65 in Q1 2019[23] - Operating profit for Q1 2020 was CNY 5,913,840.07, down 36.8% from CNY 9,322,473.38 in Q1 2019[27] - Net profit for Q1 2020 was CNY 7,126,691.82, a decline of 39.4% compared to CNY 11,758,336.57 in Q1 2019[27] - Other income for Q1 2020 was CNY 14,820,622.63, slightly down from CNY 15,614,029.68 in Q1 2019[25] Assets and Liabilities - Total assets increased by 4% to CNY 9.48 billion compared to the end of the previous year[5] - Total assets as of March 31, 2020, amounted to CNY 9,477,742,138.75, an increase from CNY 9,106,823,870.29 at the end of 2019[15] - Total liabilities as of March 31, 2020, amounted to CNY 5,759,375,352.06, an increase from CNY 5,316,284,430.51 at the end of 2019[16] - Current assets totaled CNY 2,498,120,690.54 as of March 31, 2020, up from CNY 2,281,576,896.55 at the end of 2019[18] - Long-term borrowings increased to CNY 1,910,525,500.00 in Q1 2020, compared to CNY 1,576,175,500.00 in Q1 2019[19] Cash Flow - Cash flow from operating activities increased significantly by 287% to CNY 17.93 million[5] - Net cash flow from operating activities increased by CNY 13,303,734.07, a growth of 287%, mainly due to property tax accrued but not yet paid[11] - Cash flow from operating activities for Q1 2020 was CNY 17,934,980.43, an increase from CNY 4,631,246.36 in Q1 2019[30] - Total cash inflow from financing activities in Q1 2020 was CNY 730,000,000.00, significantly higher than CNY 67,000,000.00 in Q1 2019[30] - The net cash flow from financing activities improved to $409,209,110.88 in Q1 2020, compared to a negative cash flow of -$188,820,854.26 in Q1 2019[34] Shareholder Information - The total number of shareholders reached 58,624 by the end of the reporting period[8] - The largest shareholder, Guangxi Television Station, holds 27.81% of the shares[8] Expenses and Investments - Research and development expenses decreased by CNY 4,558,124.22, a decline of 33%, primarily due to reduced R&D spending[11] - Financial expenses increased by CNY 6,673,363.31, a growth of 181%, mainly due to increased bank borrowings leading to higher interest expenses[11] - Construction in progress increased by CNY 207,934,253.30, a growth of 38%, primarily due to increased investment in the "Beautiful Guangxi, Smart Broadcasting Village" project[11] - Research and development expenses for Q1 2020 were CNY 9,190,367.92, down from CNY 13,748,492.14 in Q1 2019, indicating a reduction in R&D investment[22]