JiShi Media(SH:601929)2023-11-01 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 348,388,075.91, a decrease of 27.61% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY -244,590,816.02, reflecting a significant decline of 2644.25% year-on-year[5]. - The basic earnings per share for the period was CNY -0.0741, a decrease of 2655.17% compared to the previous year[6]. - The company’s net profit for the year-to-date was CNY -231,692,346.62, a decrease of 163.09% compared to the same period last year[5]. - Total operating revenue for the first three quarters of 2023 was ¥1,200,305,317.65, a decrease of 4.03% compared to ¥1,250,732,190.56 in the same period of 2022[24]. - Net profit attributable to shareholders of the parent company was a loss of ¥231,692,346.62, compared to a loss of ¥88,064,283.78 in the previous year[26]. - The company reported a comprehensive income total of -¥255,399,175.09, compared to -¥96,398,013.65 in the same period last year[27]. - Basic and diluted earnings per share were both -¥0.0702, compared to -¥0.0281 in the previous year[28]. - Operating profit increased significantly to approximately ¥60.27 million in 2023 from ¥13.61 million in 2022, marking a growth of 343.5%[41]. - Net profit for the first three quarters of 2023 reached approximately ¥61.94 million, compared to ¥22.63 million in 2022, representing an increase of 173.5%[41]. Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 15,233,350,130.38, representing a 3.69% increase from the end of the previous year[6]. - As of September 30, 2023, the company's total assets amounted to CNY 15,233,350,130.38, an increase from CNY 14,690,759,118.19 at the end of 2022, reflecting a growth of approximately 3.7%[18]. - The company's total liabilities increased to ¥8,470,539,895.61, compared to ¥7,672,584,629.35 in the previous year[21]. - The total liabilities increased to ¥8,243,151,061.56 from ¥7,444,342,644.08 in the previous year, reflecting a growth of 10.7%[38]. - The company's total equity as of September 30, 2023, was ¥7,694,055,106.57, slightly up from ¥7,655,823,576.10 at the end of 2022[39]. Cash Flow - Cash flow from operating activities for the year-to-date was CNY 124,396,072.64, a decrease of 37.45% compared to the previous year[5]. - The net cash flow from operating activities for Q3 2023 was ¥124,396,072.64, a decrease of 37.2% compared to ¥198,874,153.99 in Q3 2022[31]. - Cash flow from operating activities generated a net amount of approximately ¥139.30 million in 2023, down from ¥290.07 million in 2022, a decline of 52.0%[45]. - Cash flow from financing activities showed a net increase of approximately ¥653.23 million in 2023, compared to a net outflow of approximately ¥418.66 million in 2022[46]. - The total cash inflow from financing activities was ¥2,203,768,560.80, an increase of 25.5% from ¥1,755,614,341.81 in the previous year[32]. Changes in Specific Accounts - The company reported a significant increase in prepayments, with a change of 2014.88% attributed to increased rental prepayments[10]. - The company experienced a 130.24% increase in cash and cash equivalents due to received loans[10]. - Accounts receivable increased to CNY 497,150,606.31 from CNY 399,134,937.45, representing a rise of approximately 24.6%[18]. - The company's total current liabilities decreased to CNY 3,832,864,187.35 from CNY 4,281,259,796.17, a reduction of about 10.5%[20]. - Long-term borrowings rose to CNY 3,196,098,571.44 from CNY 2,749,405,166.09, marking an increase of approximately 16.3%[20]. - The company reported a decrease in inventory from CNY 1,032,607,424.63 to CNY 1,149,902,677.99, indicating a growth of about 11.3%[18]. - The total non-current assets decreased to CNY 12,402,826,003.24 from CNY 12,556,476,319.92, reflecting a decline of approximately 1.2%[19]. Research and Development - The company’s R&D expenses decreased to approximately ¥39.72 million in 2023 from ¥48.19 million in 2022, a reduction of 17.5%[40]. Market Activity - The company has not reported any significant new product launches or technological advancements in this quarter[16]. - There are no indications of market expansion or mergers and acquisitions mentioned in the current report[16].