中广天择(603721) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue increased by 14.95% to CNY 65,756,061.28 year-on-year[6] - Net profit attributable to shareholders of the listed company was a loss of CNY 8,628,752.11, a decrease of 203.96% compared to the same period last year[6] - Basic and diluted earnings per share were both -0.086 CNY, a decrease of 203.61% compared to the previous year[6] - The weighted average return on net assets was -1.62%, down by 3.15 percentage points from the previous year[6] - The total comprehensive income for Q1 2019 was CNY -7,731,264.22, compared to CNY 9,174,752.20 in the same period last year[32] - The net profit for Q1 2019 was a loss of CNY 7,731,264.22, compared to a profit of CNY 9,174,752.20 in Q1 2018, indicating a significant decline[32] Cash Flow - The net cash flow from operating activities was a negative CNY 72,461,515.83, worsening by 25.59% year-on-year[6] - Cash flow from operating activities for Q1 2019 was a net outflow of CNY -72,461,515.83, worsening from CNY -57,697,052.54 in Q1 2018[34] - The net cash flow from investing activities was -56,620,224.00 RMB, an improvement from -122,938,080.00 RMB in Q1 2018, indicating a significant reduction in investment losses[37] - The net increase in cash and cash equivalents for the period was -128,146,835.39 RMB, compared to -182,231,922.17 RMB in Q1 2018, showing an improvement in cash management[37] Assets and Liabilities - Total assets decreased by 3.35% to CNY 600,607,784.01 compared to the end of the previous year[6] - Total liabilities decreased to ¥71,802,125.76 from ¥84,045,377.03, reflecting a reduction in current liabilities[20] - Cash and cash equivalents decreased by 67.27% to ¥62,747,061.49 from ¥191,713,826.32 due to payments for film investments and TV drama copyrights[13] - Accounts receivable increased by 7.97% to ¥172,053,727.43 from ¥159,349,933.13, indicating improved sales performance[19] - Total assets as of March 31, 2019, were CNY 614,704,061.11, down from CNY 634,765,135.25 at the end of 2018[25] - Total liabilities as of March 31, 2019, were CNY 70,155,606.59, a decrease from CNY 82,485,416.51 at the end of 2018[25] Operating Costs and Expenses - Operating costs increased by 53.70% to ¥59,333,612.22 from ¥38,604,427.68, primarily due to higher procurement costs for TV dramas[14] - Research and development expenses rose significantly, totaling ¥3,529,059.96, reflecting increased investment in R&D[14] - Other income decreased by 39.16% to ¥619,782.11 from ¥1,018,750.00, mainly due to a reduction in government subsidies received[14] - The company reported R&D expenses of CNY 3,529,059.96 for Q1 2019, indicating ongoing investment in innovation[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 6,696[10] - The largest shareholder, Changsha Broadcasting and Television Group, holds 50.38% of the shares[10] Non-Recurring Items - Non-recurring gains and losses amounted to CNY 595,201.86 for the period[9] - The company reported a significant increase in non-operating income from government subsidies amounting to CNY 619,782.11[8]