BJCT(SZ:000802)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 reached ¥137,240,656.10, representing a significant increase of 1,746.48% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥17,339,539.82, marking a year-on-year increase of 132.96%[3]. - The basic earnings per share for the period was ¥0.0242, up 132.93% from the previous year[4]. - Total revenue for the third quarter of 2021 reached ¥158,806,312.79, a significant increase from ¥13,081,064.68 in the same period last year, representing a growth of approximately 1,115%[20]. - The company reported a net loss of ¥35,918,058.52 for the current period, an improvement from a loss of ¥121,635,421.56 in the previous year[20]. - The total comprehensive income for the quarter was -16,281,363.22, compared to -119,118,467.13 in the previous year, showing a significant reduction in losses[21]. - The net profit for the quarter was -29,983,574.27, an improvement from -119,118,467.13 in the same period last year, showing a reduction in losses[21]. - The basic and diluted earnings per share were both -0.0387, compared to -0.1633 in the previous year, reflecting a positive trend in earnings[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,000,315,347.66, a decrease of 11.87% from the end of the previous year[4]. - Total assets as of September 30, 2021, amounted to ¥4,000,315,347.66, down from ¥4,539,096,381.47 at the end of 2020, indicating a decrease of about 11.85%[17]. - Current assets totaled ¥2,467,415,828.58, a decline of 17.5% compared to ¥2,991,120,153.04 at the end of 2020[17]. - The total liabilities decreased to ¥2,309,559,720.56 from ¥2,835,809,391.15, reflecting a reduction of approximately 18.5%[18]. - Cash and cash equivalents were reported at ¥34,963,053.06, down from ¥55,892,674.12, a decrease of about 37.4%[16]. - Accounts receivable decreased to ¥410,513,349.82 from ¥645,877,215.16, a decline of approximately 36.4%[16]. - Inventory levels dropped significantly to ¥273,206,988.46 from ¥589,324,315.73, representing a decrease of about 53.7%[16]. - The company’s total equity as of September 30, 2021, was ¥1,690,755,627.10, slightly down from ¥1,703,286,990.32[18]. Cash Flow - The company reported a cash flow from operating activities of ¥194,781,384.62, an increase of 249.20% year-on-year[6]. - Cash flow from operating activities generated a net amount of 194,781,384.62, a turnaround from -130,546,954.70 in the previous year[23]. - Investment activities resulted in a net cash outflow of -16,000,000.00, compared to -437,118,949.10 in the previous year, indicating improved cash management[24]. - Financing activities led to a net cash outflow of -199,711,005.68, a decrease from a net inflow of 455,549,373.66 in the same period last year[24]. Film Projects and Investments - The increase in operating revenue was attributed to the success of films such as "Hi, Mom" and "The King of Bath," which contributed significantly to income[6]. - The company has received a total of 5.5 billion RMB from the transfer of 25% shares for each of the three films in the "Fengshen Trilogy," with a total contract amount of 600 million RMB[12]. - The first film of the "Fengshen Trilogy" has completed post-production and is in the promotional phase, with the release date to be announced[12]. - The company is currently preparing for the production of multiple projects, including "Dongji Island" and "Let Me Stay By Your Side," which are in the planning stage[14]. - The company has signed investment agreements for the "Fengshen Trilogy" with a total investment of 600 million RMB, aimed at diversifying investment risks[12]. - The company is actively developing new film projects, with several titles in various stages of production, including "749 Bureau" and "White Snake Prequel" which are in post-production[14]. - The company has established partnerships with multiple production companies for the "Fengshen Trilogy," enhancing collaboration in film development[11]. - The company is focusing on expanding its film portfolio, with several projects expected to be released in the coming years[14]. Regulatory and Compliance - The company has ongoing investigations by the China Securities Regulatory Commission regarding information disclosure violations, with potential administrative penalties pending[13]. - The company is committed to timely information disclosure regarding its ongoing projects and regulatory investigations[14]. - The company has adjusted its financial statements to comply with new leasing standards, impacting the balance sheet[25]. - The company has implemented new leasing standards starting from 2021, with no retrospective adjustments made[29]. - The company has not undergone an audit for the third quarter report[29]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,712[9]. - The company has a total of 84,854,419 ordinary shares held by its largest shareholder, Qingdao West Coast Holdings Development Co., Ltd.[10]. - The total equity attributable to shareholders of the parent company was CNY 1,712,944,410.29[28].