Thinkingdom Media (SH:603096)2020-04-28 16:00Financial Performance - Operating revenue decreased by 13.81% to CNY 190,628,589.00 compared to the same period last year[8] - Net profit attributable to shareholders increased by 4.81% to CNY 58,508,412.74 compared to the same period last year[8] - Basic earnings per share increased by 4.88% to CNY 0.43 compared to the same period last year[8] - Total operating revenue for Q1 2020 was ¥190,628,589, a decrease of 13.8% compared to ¥221,162,848 in Q1 2019[28] - Net profit for Q1 2020 reached ¥59,283,437, representing an increase of 3.8% from ¥57,097,695 in Q1 2019[29] - Basic earnings per share for Q1 2020 were ¥0.43, up from ¥0.41 in Q1 2019[29] - Investment income for Q1 2020 was ¥7,802,044, a decrease from ¥8,305,507 in Q1 2019[28] - Operating profit for Q1 2020 was ¥78,095,791, an increase of 4.4% compared to ¥74,458,030 in Q1 2019[28] Assets and Liabilities - Total assets increased by 4.56% to CNY 2,189,349,699.26 compared to the end of the previous year[8] - Current liabilities rose to ¥191,623,025.70, compared to ¥156,332,272.08, marking an increase of about 22.56%[21] - Total liabilities increased to ¥191,790,322.96 from ¥156,506,614.33, indicating a rise of approximately 22.53%[22] - Total equity reached ¥1,997,559,376.30, up from ¥1,937,446,584.31, reflecting an increase of around 3.13%[22] - The company's total equity attributable to shareholders rose to ¥1,967,834,417.08 from ¥1,908,509,382.30, an increase of around 3.10%[22] - The total current assets were CNY 1,256,109,745.60, showcasing a solid liquidity position[46] - Non-current assets totaled CNY 618,987,181.98, with long-term equity investments at CNY 614,995,534.74[47] Cash Flow - Net cash flow from operating activities decreased by 68.56% to CNY 14,194,074.19 compared to the same period last year[8] - Net cash flow from operating activities for Q1 2020 was 14,194,074.19 RMB, down from 45,151,519.23 RMB in the same period last year, mainly due to delayed payments from customers[17] - The total cash inflow from operating activities was ¥46,965,037.59, down 64.3% from ¥131,611,971.14 in Q1 2019[37] - The total cash outflow from operating activities was ¥57,915,950.63, a decrease of 31.2% compared to ¥84,293,309.34 in the same period last year[37] - The net cash flow from investment activities was ¥222,679,938.52, a significant recovery from a negative cash flow of ¥232,218,254.75 in Q1 2019[34] - Cash and cash equivalents increased by 237,688,807.28 RMB, a growth of 64.42%, mainly due to the maturity of financial products at the end of the reporting period[13] Shareholder Information - The total number of shareholders was 4,200 at the end of the reporting period[10] - The largest shareholder, Chen Mingjun, holds 52.90% of the shares, totaling 71,584,445 shares[10] Other Financial Metrics - The weighted average return on net assets decreased by 0.13 percentage points to 3.02% compared to the same period last year[8] - The company reported a non-recurring profit of CNY 7,248,760.88 during the reporting period[9] - Other comprehensive income after tax for Q1 2020 was 829,354.65 RMB, an increase of 166.18% compared to the same period last year, primarily due to foreign currency translation adjustments[16] - The company reported a significant increase in credit impairment losses due to the rise in accounts receivable, amounting to -814,848.28 RMB for Q1 2020[15] - Management expenses for Q1 2020 were 8,977,118.56 RMB, a decrease of 37.23% compared to the same period last year, mainly due to reduced expenses related to certain business operations[15]