视觉中国(000681) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was approximately ¥82.22 million, down 1.26% year-on-year[8]. - Operating revenue for the third quarter was approximately ¥183.41 million, a decline of 16.51% compared to the same period last year[8]. - The core business "visual content and services" achieved operating revenue of approximately ¥184.23 million in Q3, an increase of 4.85% year-on-year[22]. - Year-to-date revenue for the core business reached approximately ¥582.58 million, reflecting a growth of 1.55% year-on-year[22]. - Basic earnings per share for the third quarter were ¥0.1174, down 1.18% year-on-year[8]. - The net profit after deducting non-recurring gains and losses was approximately ¥82.22 million, down 1.50% year-on-year[8]. - Total operating revenue for the current period is ¥183,406,490.01, a decrease of 16.5% from ¥219,662,522.30 in the previous period[59]. - Net profit for the current period is ¥82,214,524.39, down 5.5% from ¥86,925,225.55 in the previous period[62]. - The company's operating profit for the current period is ¥94,575,776.51, down 10.0% from ¥105,054,963.12 in the previous period[62]. - The total comprehensive income for the current period is ¥100,837,600.39, down from ¥104,820,857.32 in the previous period, a decrease of 3.9%[66]. - The net profit attributable to the parent company's owners was ¥214,778,865.52, compared to ¥220,060,124.36 in the previous period, reflecting a decline of 2.0%[78]. - The company reported a net loss of ¥33,138,961.86 for the current period, compared to a net loss of ¥29,866,015.43 in the previous period, indicating a decline in profitability[109]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was approximately ¥87.47 million, a decrease of 46.46% compared to the previous year[8]. - The company experienced a net cash inflow from operating activities of ¥87,468,800.36, a decrease of 46.5% compared to ¥163,374,338.85 in the previous period[120]. - The company’s cash and cash equivalents at the end of the period stood at ¥309,254,742.09, down from ¥222,660,518.66 in the previous period, indicating a decrease in liquidity[120]. - The company incurred financial expenses of ¥6,502,838.40, compared to ¥9,739,911.71 in the previous period, reflecting a reduction in financing costs[109]. - The company is facing challenges in cash flow management, as evidenced by the negative net cash flow from operating and financing activities[129]. - Net cash flow from operating activities was -132,914,065.08, compared to -107,505,135.73 in the previous period, indicating a decline in operational efficiency[126]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥4.21 billion, a decrease of 0.48% compared to the end of the previous year[8]. - Total liabilities decreased from CNY 1,320,288,760.14 in 2018 to CNY 1,127,518,265.71 in 2019, a reduction of approximately 14.6%[45]. - Current liabilities increased slightly from CNY 854,773,297.41 in 2018 to CNY 888,260,242.61 in 2019, an increase of about 3.9%[45]. - Non-current liabilities decreased significantly from CNY 465,515,462.73 in 2018 to CNY 239,258,023.10 in 2019, a decrease of approximately 48.7%[45]. - The company's total current assets decreased from CNY 867,108,293.94 in 2018 to CNY 542,898,122.97 in 2019, a decrease of approximately 37.4%[52]. - The company's long-term borrowings decreased from CNY 276,464,320.00 in 2018 to CNY 47,000,000.00 in 2019, a decrease of approximately 83.0%[45]. - Total liabilities amounted to ¥1,320,288,760.14, a decrease of ¥3,162,764.23 compared to the previous period[140]. - Total equity attributable to shareholders reached ¥2,890,114,062.67, reflecting a decrease of ¥8,977,995.28[140]. Expenses and Investments - Total operating costs decreased to ¥106,812,610.92 from ¥127,298,081.12, representing a reduction of 16.1%[59]. - Research and development expenses decreased significantly to ¥12,913,822.12 from ¥20,277,139.34, a reduction of 36.0%[59]. - Cash paid for acquiring fixed assets, intangible assets, and other long-term assets increased by CNY 14.57 million, an increase of 190.64%, mainly due to increased capitalized R&D expenses[23]. - Investment income increased to ¥16,483,321.33 from ¥11,466,626.11, marking a growth of 43.9%[62]. - The company reported investment losses of -¥1,269,335.29, a significant decline from investment income of ¥3,867,848.16 in the previous period[109]. Strategic Focus and Changes - The company has focused on its core business and has gradually divested non-core assets since 2018, leading to a recovery in core business revenue[22]. - Tax payable decreased by CNY 20.36 million, a decline of 45.42%, mainly due to income tax payment from annual settlement[23]. - Financial expenses decreased by CNY 14.84 million, a decline of 54.50%, mainly due to reduced interest on repaid loans and exchange rate fluctuations[23]. - Other income decreased by CNY 8.10 million, a decline of 82.76%, primarily due to changes in the scope of consolidation from the transfer of Yixun asset group[23].