吉视传媒(601929) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 6.76% to CNY 35,514,424.51 year-on-year[9] - Operating revenue declined by 2.90% to CNY 456,919,875.19 compared to the same period last year[9] - The total revenue from operating activities was ¥396,124,651.38, compared to ¥420,535,466.01 in the previous year, marking a decrease of approximately 5.8%[49] - Net profit for Q1 2019 was $35,530,029.84, compared to $38,942,729.75 in Q1 2018, indicating a decline of 6.18%[41] - The total comprehensive income for the period was -¥68,203,711.18, compared to ¥21,782,087.45 in the previous year, indicating a significant downturn[43] - Basic and diluted earnings per share were both ¥0.0114, down from ¥0.0122 in the same period last year, reflecting a decrease of about 6.6%[43] Cash Flow - Net cash flow from operating activities was negative at CNY -26,541,947.58, a decrease of 384.55% year-on-year[9] - The cash flow from operating activities turned negative at -¥26,541,947.58, compared to a positive cash flow of ¥9,327,767.58 in the same quarter last year[49] - The total cash inflow from operating activities was 346,018,712.32 RMB in Q1 2019, down from 383,688,650.88 RMB in Q1 2018, reflecting a decline in sales performance[55] - The company reported a significant decrease in sales revenue, with cash received from sales of goods and services at 307,957,652.77 RMB in Q1 2019, compared to 356,147,496.22 RMB in Q1 2018[55] - The company experienced a net decrease in cash and cash equivalents of -312,067,818.80 RMB in Q1 2019, compared to an increase of 813,692,810.57 RMB in Q1 2018, reflecting a challenging financial environment[56] Assets and Liabilities - Total assets decreased by 1.56% to CNY 13,179,511,044.53 compared to the end of the previous year[9] - Total liabilities as of March 31, 2019, were CNY 6,151,815,566.74, compared to CNY 6,177,802,050.59 at the end of 2018[31] - Total equity as of March 31, 2019, was CNY 7,027,695,477.79, down from CNY 7,210,200,752.89 at the end of 2018[31] - Total current assets as of March 31, 2019, amounted to CNY 2,205,975,697.01, down from CNY 2,469,894,276.85 at the end of 2018[25] - Total assets reached approximately ¥13.39 billion, reflecting a decrease of ¥92.83 million from the prior period[59] - Total liabilities amounted to approximately ¥6.18 billion, unchanged from the prior period[61] Shareholder Information - The number of shareholders at the end of the reporting period was 101,543[12] - The largest shareholder, Jilin Broadcasting and Television Station, holds 31.61% of the shares[13] Expenses and Financial Management - Financial expenses decreased significantly by 133.06% to CNY -5,185,130.43 compared to the same period last year[17] - Research and development expenses for Q1 2019 were $25,132,527.88, down from $30,560,198.55 in Q1 2018, a decrease of 17.8%[41] - The financial expenses showed a significant reduction, with interest expenses decreasing to ¥10,897,181.97 from ¥28,923,344.68, a decline of about 62.3%[47] - Cash paid for purchasing goods and services was 122,626,293.78 RMB in Q1 2019, down from 138,601,174.43 RMB in Q1 2018, indicating cost control efforts[55] Investment Activities - Net cash flow from investing activities increased by CNY 491,295,758.54, an increase of 64.89%, primarily due to a decrease in cash paid for fixed assets and other long-term assets compared to the previous period[21] - Total cash inflow from investment activities was 23,279,463.33 RMB in Q1 2019, significantly lower than 273,655,979.22 RMB in Q1 2018, reflecting reduced investment returns[55] - The net cash outflow from investment activities was -244,529,712.19 RMB in Q1 2019, compared to -737,103,705.23 RMB in Q1 2018, showing an improvement in cash flow management[55] Changes in Equity - The company reported a goodwill of approximately ¥134.47 million, unchanged from the previous period[59] - Shareholders' equity totaled approximately ¥7.21 billion, an increase from ¥7.12 billion in the previous period[61] - The total equity attributable to owners increased, reflecting positive adjustments in financial performance[70]