GZCBN(SH:600996)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥383,231,322.38, a decrease of 20.78% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥320,644,752.84, with a year-to-date net profit of -¥474,656,553.93[3]. - Operating profit for the third quarter of 2023 was -¥497,081,269.41, compared to -¥304,516,030.75 in the same quarter of 2022, indicating a worsening performance[23]. - Net profit for the first three quarters of 2023 was -¥472,002,037.05, compared to -¥276,616,961.50 in the same period of 2022, showing an increase in losses[23]. - Total operating revenue for the first three quarters of 2023 was ¥1,680,946,129.31, a decrease of 7.06% compared to ¥1,808,173,306.49 in the same period of 2022[22]. - The company reported a significant increase in cash inflow from financing activities, totaling CNY 4,314,100,000.25 in 2023 compared to CNY 3,162,237,571.60 in 2022[41]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥18,456,963,022.11, reflecting a 2.43% increase from the end of the previous year[5]. - The total liabilities increased to ¥12,925,727,544.49 from ¥12,139,469,148.08, reflecting a rise of about 6.5%[19]. - The company's total equity decreased to CNY 4,867,550,662.64 as of Q3 2023, down from CNY 5,334,172,709.71 in Q3 2022[38]. - The total assets as of the end of Q3 2023 amounted to CNY 17,905,684,452.24, an increase from CNY 17,532,091,621.69 at the end of Q3 2022[38]. Cash Flow - The net cash flow from operating activities increased by 436.39% to ¥36,187,421.44 in Q3 2023[3]. - Cash received from sales of goods and services increased to ¥1,786,147,719.73 in 2023 from ¥1,344,853,432.59 in 2022, representing a growth of 32.58%[29]. - The cash flow from operating activities for the first three quarters of 2023 was CNY 274,540,855.48, down from CNY 446,849,944.93 in the same period of 2022[40]. - The net increase in cash and cash equivalents was CNY 174,473,720.13, contrasting with a decrease of CNY 964,074,421.42 in the previous period[33]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 63,023[8]. - The top shareholder, Guizhou Broadcasting Film and Television Investment Co., Ltd., held 32.56% of the shares[8]. Research and Development - Research and development expenses for the third quarter of 2023 were ¥9,470,906.31, down from ¥12,173,251.61 in the same quarter of 2022, a decrease of 22.19%[23]. - Research and development expenses for the first three quarters of 2023 were CNY 1,025,767.42, a decrease of 76% from CNY 4,272,159.85 in the same period of 2022[39]. Other Income and Expenses - The company recorded non-operating income of ¥12,310,976.83 for Q3 2023, with government subsidies contributing ¥10,795,185.18[6]. - The company reported an investment loss of -¥6,912,518.70 in the third quarter of 2023, compared to a gain of ¥3,537,914.09 in the same quarter of 2022[23]. - Other income for the third quarter of 2023 was ¥29,894,756.95, slightly down from ¥31,482,455.57 in the same quarter of 2022[23].