横店影视(603103) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the period was ¥873,533,501.46, a decrease of 6.17% compared to the same period last year[12] - Net profit attributable to shareholders of the listed company was ¥158,929,099.09, down 15.76% year-on-year[12] - Basic earnings per share decreased by 16.67% to ¥0.35 from ¥0.42 in the same period last year[12] - The weighted average return on equity decreased by 2.12 percentage points to 7.00%[12] - Total operating revenue for Q1 2019 was CNY 873,533,501.46, a decrease of 6.15% compared to CNY 931,016,740.40 in Q1 2018[46] - Net profit for Q1 2019 increased to CNY 944,609,650.38, compared to CNY 805,454,638.33 in Q1 2018, representing a growth of 17.26%[46] - Operating revenue for Q1 2019 was CNY 745,255,335.93, a decrease of 3.4% from CNY 771,117,992.20 in Q1 2018[52] - Net profit for Q1 2019 was CNY 139,155,012.05, down 16.7% from CNY 167,021,230.27 in Q1 2018[54] - Total profit for Q1 2019 was CNY 184,095,794.84, down 15.6% from CNY 218,056,718.56 in Q1 2018[52] Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,371,017,197.77, an increase of 4.47% compared to the end of the previous year[12] - Total assets as of March 31, 2019, amounted to CNY 3,461,687,129.18, an increase from CNY 3,306,969,687.38 at the end of 2018[44] - Total liabilities as of March 31, 2019, were CNY 1,181,417,427.17, compared to CNY 1,165,854,997.42 at the end of 2018, showing a slight increase of 1.33%[44] - Shareholders' equity totaled CNY 2,280,269,702.01 as of March 31, 2019, up from CNY 2,141,114,689.96 at the end of 2018, indicating a growth of 6.51%[46] Cash Flow - Net cash flow from operating activities was ¥192,978,642.46, a decline of 33.24% compared to the previous year[12] - The net cash flow from operating activities for Q1 2019 was ¥188,388,554.93, a decrease of 34.5% compared to ¥287,587,837.15 in Q1 2018[60] - Cash inflow from operating activities for Q1 2019 was CNY 959,682,679.17, a decrease from CNY 1,053,626,079.43 in Q1 2018[54] - The cash flow from operating activities totaled ¥876,494,515.94, down 6.9% from ¥942,020,999.62 in Q1 2018[60] Shareholder Information - The total number of shareholders at the end of the reporting period was 20,001[19] - The largest shareholder, Hengdian Group Holdings Co., Ltd., held 80.35% of the shares[19] Market Performance - As of the end of the reporting period, the company operated 332 directly managed cinemas with 2,093 screens, achieving a total box office of RMB 671.38 million, representing a market share of 3.9% and approximately 19.4 million moviegoers[23] - The total box office for the national film industry in Q1 2019 was RMB 18.617 billion, a year-on-year decline of 7.93%, with domestic films accounting for 71.42% of the total box office[22] - The company’s market share for franchise cinemas was 0.68%, with 91 franchise cinemas and 508 screens generating a total box office of RMB 116.99 million[23] Other Financial Metrics - Non-recurring gains and losses totaled ¥19,198,039.66 for the reporting period[15] - The company's cash and cash equivalents increased by 86.09% to RMB 419.44 million, primarily due to a reduction in entrusted financial management[26] - The company's accounts receivable rose by 60.27% to RMB 50.68 million, mainly due to an increase in receivables from e-commerce ticket sales and service fees[24] - The company reported a 140.23% increase in other income to RMB 10.77 million, mainly due to an increase in special subsidies[26] - The company’s financial expenses decreased by 44.13% to RMB 586.67 thousand, mainly due to reduced interest expenses[26] - The company’s investment income increased by 22.76% to RMB 8.20 million, primarily due to increased financial management income[26] Future Outlook - The company plans to continue exploring market expansion opportunities and new product development strategies in the upcoming quarters[46]