中广天择(603721) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was CNY 185,464,065.28, a decline of 17.44% year-on-year[6] - Net profit attributable to shareholders was CNY -11,648,498.20, representing a decrease of 156.23% compared to the same period last year[6] - The net cash flow from operating activities was CNY -92,651,615.65, an increase in loss of 59.92% year-on-year[6] - Basic earnings per share were CNY -0.090, a decrease of 143.48% compared to CNY 0.207 in the same period last year[6] - The weighted average return on net assets decreased by 6.08 percentage points to -2.22%[6] - Total operating revenue for Q3 2019 was ¥68,015,886.51, a slight decrease of 0.1% compared to ¥68,086,629.50 in Q3 2018[27] - Total operating costs for Q3 2019 were ¥71,019,656.37, down from ¥71,722,389.75 in Q3 2018, reflecting a decrease of 0.98%[27] - Net profit for Q3 2019 was a loss of ¥1,066,045.69, compared to a loss of ¥3,044,791.83 in Q3 2018, indicating an improvement of 65.0%[29] - The company reported a total profit loss of ¥1,066,045.69 for Q3 2019, compared to a total profit loss of ¥3,044,791.83 in Q3 2018[30] - The total profit for Q3 2019 was CNY 1,077,129.96, contrasting with a total loss of CNY -2,283,119.42 in Q3 2018[34] Assets and Liabilities - Total assets decreased by 2.10% to CNY 608,380,697.40 compared to the end of the previous year[6] - As of September 30, 2019, cash and cash equivalents decreased by 80.75% to ¥36,904,782.80 from ¥191,713,826.32 due to payments for film investments and copyright acquisitions[13] - Accounts receivable decreased by 90.20% to ¥607,600.00 from ¥6,200,000.00, primarily due to acceptance of notes during the reporting period[13] - Prepayments increased by 223.05% to ¥85,684,888.70 from ¥26,523,981.60, mainly due to prepayments for film investments[13] - Inventory rose by 67.82% to ¥73,630,021.75 from ¥43,874,000.56, attributed to increased purchases of television dramas[13] - Long-term equity investments surged by 6208.19% to ¥60,203,026.24 from ¥954,363.21, reflecting increased investments in joint ventures[13] - Current assets totaled ¥425,124,065.17, down from ¥488,510,493.15, indicating a decrease of about 12.9% year-over-year[20] - Total liabilities were reported at ¥95,663,978.59, up from ¥84,045,377.03, which is an increase of about 13.5%[21] - The company's equity attributable to shareholders decreased to ¥512,716,718.81 from ¥537,365,217.01, a decline of approximately 4.6%[22] - Total liabilities as of the end of Q3 2019 were ¥89,726,648.67, an increase from ¥82,485,416.51 at the end of Q3 2018[28] Cash Flow - The net cash flow from operating activities was negative at -¥92,651,615.65, a decline of 59.92% compared to -¥57,937,238.23 in the previous year, due to increased investment in film projects[15] - Cash flow from operating activities for the first three quarters of 2019 was CNY -92,651,615.65, compared to CNY -57,937,238.23 in the same period of 2018[37] - Total investment activities generated a net cash flow of CNY -64,093,386.21 in the first three quarters of 2019, an improvement from CNY -81,599,368.07 in the same period of 2018[37] - The company’s cash flow from investing activities for the first nine months of 2019 was significantly lower at ¥20,240,900.79 compared to ¥249,036,569.13 in the same period of 2018[39] - The cash flow from operating activities outflow was ¥309,230,037.66 for the first three quarters of 2019, slightly down from ¥328,875,527.36 in the previous year[39] Shareholder Information - The total number of shareholders at the end of the reporting period was 7,467[11] - The largest shareholder, Changsha Broadcasting and Television Group, held 50.38% of the shares[11] Government Support and Other Income - The company received government subsidies amounting to CNY 2,111,170.90 during the reporting period[8] - Non-operating income for the period totaled CNY 1,992,566.44[9] - The company reported other income of ¥1,611,170.90 in Q3 2019, compared to ¥737,500.00 in Q3 2018, reflecting a significant increase of 118.5%[28] - The company reported other income of CNY 1,350,400.19 in Q3 2019, compared to CNY 737,500.00 in Q3 2018[32] Research and Development - Research and development expenses increased by 93.81% to ¥12,580,997.30 from ¥6,491,454.91, driven by an increase in R&D projects[14] - Research and development expenses for Q3 2019 were ¥5,093,930.82, an increase of 51.7% from ¥3,357,758.60 in Q3 2018[28]