吉视传媒(601929) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY 40,241,713.21, representing a decline of 63.12% year-on-year[8]. - Operating revenue for the first nine months was CNY 1,283,974,765.59, down 7.63% from the same period last year[8]. - Basic earnings per share decreased by 63.25% to CNY 0.0129[8]. - Operating profit decreased by ¥113,488,095.01, a decline of 98.97%, primarily due to reduced operating income and increased depreciation costs impacted by the pandemic[21]. - Total profit decreased by ¥77,520,483.20, a decline of 67.12%, primarily due to reduced operating income and increased costs[21]. - Net profit decreased by ¥76,357,450.15, a decline of 67.32%, primarily due to reduced operating income and increased costs[21]. - Total operating revenue for Q3 2020 was 393,188,070.56, a decrease of 12.1% compared to Q3 2019's 447,244,580.99[41]. - Net profit for Q3 2020 was -3,685,985.65, compared to a net profit of 13,124,297.12 in Q3 2019, indicating a significant decline[44]. - The company reported a total loss of 3,656,616.08 for Q3 2020, contrasting with a profit of 14,857,434.05 in Q3 2019[44]. - The company reported a total profit of ¥130.61 million for the first nine months of 2020, down from ¥146.59 million in the same period of 2019, a decrease of 10.9%[50]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 13,964,162,129.26, a decrease of 1.43% compared to the end of the previous year[8]. - Total assets decreased from ¥14,166,565,344.35 to ¥13,964,162,129.26, a decline of approximately 1.43%[30]. - Non-current liabilities increased from ¥3,977,471,982.01 to ¥4,110,839,460.19, an increase of about 3.34%[32]. - Current liabilities decreased from ¥3,166,734,745.81 to ¥2,838,991,948.71, a reduction of approximately 10.37%[30]. - Total liabilities decreased from ¥7,144,206,727.82 to ¥6,949,831,408.90, a decrease of about 2.72%[32]. - Shareholders' equity decreased from ¥7,022,358,616.53 to ¥7,014,330,720.36, a slight decline of approximately 0.11%[32]. - The company reported a total of ¥1,506,978,450.55 in undistributed profits, down from ¥1,535,496,026.46, a decrease of about 1.85%[32]. - Total liabilities decreased to 6,794,995,355.03 from 6,988,394,624.47 year-over-year[38]. - Owner's equity increased to 7,336,755,126.75 from 7,251,241,393.00, showing a growth in shareholder value[38]. - The company’s total equity attributable to shareholders was approximately ¥6.96 billion, showing a minor decrease of ¥2.33 million[70]. Cash Flow - Net cash flow from operating activities increased by 149.84% to CNY 130,248,026.99 compared to the previous year[8]. - Net cash flow from operating activities increased by ¥78,114,490.37, an increase of 149.84%, mainly due to increased cash received from sales and reduced cash paid to employees[21]. - Cash flow from operating activities for the first nine months of 2020 was ¥1,095.11 million, compared to ¥1,064.72 million in the same period of 2019, a growth of 2.8%[52]. - Total cash inflow from operating activities was CNY 1,065,722,367.44, compared to CNY 925,218,511.40 in the previous year, marking an increase of approximately 15.2%[58]. - Cash inflow from financing activities totaled CNY 772,698,001.15, down from CNY 2,332,000,000.00 in the previous year, representing a decline of approximately 66.9%[61]. - Net cash flow from financing activities was CNY 277,492,720.84, a decrease from CNY 1,206,471,301.71 in the same quarter last year[61]. Shareholder Information - The total number of shareholders at the end of the reporting period was 78,913[11]. - The largest shareholder, Jilin Broadcasting and Television Station, held 31.61% of the shares[11]. - Government subsidies recognized in the current period amounted to CNY 11,325,896.77[11]. Research and Development - Research and development expenses for Q3 2020 were 5,385,377.59, up from 1,868,337.63 in Q3 2019, reflecting a focus on innovation[41]. - R&D expenses in Q3 2020 were ¥4.76 million, up from ¥1.59 million in Q3 2019, reflecting a growth of 198.6%[50]. - Development expenditures increased by ¥27,195,294.88, an increase of 108.49%, primarily due to capitalized R&D expenditures[17]. Other Financial Metrics - Non-operating income for the first nine months amounted to CNY 34,282,311.35[11]. - Cash and cash equivalents decreased by ¥443,396,533.86, a decline of 35.95%, primarily due to loan repayments, interest payments, and procurement costs[17]. - Accounts receivable increased by ¥440,800.00, an increase of 36.73%, mainly due to an increase in received acceptance bills[17]. - Prepayments decreased by ¥63,307,076.82, a decline of 50.47%, primarily due to a reduction in prepaid project costs[17]. - Construction in progress increased by ¥698,849,068.87, an increase of 30.44%, mainly due to ongoing project construction[17].