SFC(SH:601595)2023-10-30 16:00Financial Performance - The company's operating revenue for the third quarter reached ¥257,459,602.07, representing a year-on-year increase of 132.10%[19] - The net profit attributable to shareholders for the third quarter was ¥58,680,794.43, a significant increase of 679.42% compared to the same period last year[19] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the third quarter was ¥42,850,213.71, reflecting a year-on-year increase of 2,008.95%[19] - The total profit amounted to ¥164,798,995.62, with a net profit of ¥140,682,870.62, a significant recovery from a net loss of ¥160,803,000.65 in the previous period[35] - The company reported a basic and diluted earnings per share of ¥0.28, recovering from a loss of ¥0.35 per share in the previous period[35] - The total comprehensive income attributable to the parent company was ¥124,521,085.09, compared to a loss of ¥156,782,369.85 in the previous period[35] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,967,555,844.14, showing a slight decrease of 0.04% compared to the end of the previous year[4] - The total liabilities were reported at CNY 1,193,372,317.89, compared to CNY 1,239,144,289.06 previously, showing a decrease of approximately 3.7%[49] - The company's cash and cash equivalents increased to CNY 1,349,942,994.40 from CNY 1,518,591,808.73, reflecting a decrease of about 11.1%[49] - The company's long-term equity investments rose significantly to CNY 272,692,763.71 from CNY 122,334,907.32, marking an increase of approximately 122.3%[49] - The company's total equity attributable to shareholders increased to CNY 1,646,576,624.92 from CNY 1,602,368,689.62, representing a growth of about 2.8%[49] Cash Flow - The net cash flow from operating activities for the reporting period was ¥94,309,501.04, indicating a significant improvement in cash management[4] - The net cash flow from operating activities for the first three quarters of 2023 was CNY 94,309,501.04, a significant increase from CNY 17,646,560.37 in the previous year[54] - The cash paid for taxes in the first three quarters of 2023 was CNY 42,291,659.34, which is significantly higher than CNY 15,380,748.69 in the previous year, indicating an increase of about 174.5%[54] - The cash received from tax refunds in the first three quarters of 2023 was CNY 1,175,209.22, compared to CNY 29,574,481.82 in the same period of 2022, showing a decrease of approximately 95.0%[54] Market and Operations - The company has focused on developing a full IP industry chain, collaborating with major brands like McDonald's and KFC for IP licensing partnerships[10] - The company launched new cultural and creative products, including a series of gift boxes and toys, enhancing brand visibility and market reach[10] - The company reported a strong performance in the film sector, benefiting from the recovery of the market and outstanding box office results[6] - The total box office revenue for the company's self-operated cinemas reached 5.25 billion RMB, a year-on-year increase of 137.21%[24] - The market share of the company's self-operated cinemas improved to 1.15%, up 0.29 percentage points from the same period in 2022[24] - The total box office revenue for the company's affiliated cinema chain reached 37.20 billion RMB, a year-on-year increase of 104.28%[24] - The total box office revenue for the third quarter of 2023 for the affiliated cinema chain was 15.72 billion RMB, a year-on-year increase of 153.07%[24] - The cumulative number of moviegoers for the company's self-operated cinemas reached 10.07 million, a year-on-year increase of 126.80%[24] Investment and Acquisitions - The company completed the acquisition of 51% of Shanghai Film Yuan Cultural Technology Development Co., marking its entry into a dual-driven development model of film distribution and large IP development[24] - The cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets in the first three quarters of 2023 was CNY 110,166,619.63, compared to CNY 46,718,413.58 in the previous year, reflecting an increase of approximately 135.5%[54] Research and Development - The company’s research and development expenses for the first three quarters were CNY 57,185,953.65, compared to CNY 46,963,191.62 in the previous year, indicating an increase of about 21.5%[50]