电广传媒(000917) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥1,188,897,708.06, a decrease of 20.58% compared to the same period last year[4]. - The net profit attributable to shareholders was -¥9,322,239.38, representing a significant decline of 98.55% year-on-year[4]. - The net profit after deducting non-recurring gains and losses was -¥15,945,535.99, a decrease of 97.54% compared to the previous year[4]. - Total operating revenue for the current period is ¥3,371,965,652.35, a decrease of 14.7% from ¥3,954,709,474.70 in the previous period[28]. - Net profit for the current period is ¥733,348,336.99, compared to a net loss of ¥851,847,488.86 in the previous period[31]. - The total comprehensive income attributable to the parent company was ¥202,878,946.88, compared to a loss of ¥518,799,850.10 in the previous period[34]. - Basic earnings per share improved to ¥0.33 from a loss of ¥0.64 in the previous period[33]. Assets and Liabilities - The total assets at the end of the reporting period were ¥19,556,157,589.33, down 5.91% from the end of the previous year[4]. - Current assets totaled RMB 6,795,212,314.28, down from RMB 7,476,218,268.34, indicating a decrease of about 9.1% year-over-year[21]. - The company's cash and cash equivalents were RMB 1,924,828,201.45, a decline of 22% from RMB 2,463,368,444.77 at the end of 2020[18]. - Total liabilities decreased to RMB 7,857,234,639.82 from RMB 9,146,858,594.12, representing a reduction of approximately 14.1%[24]. - The company's equity attributable to shareholders increased to RMB 10,390,605,411.33 from RMB 10,195,922,878.18, showing a growth of about 1.9%[24]. - The total current liabilities increased to RMB 5,464,629,421.48 from RMB 4,709,196,057.69, marking an increase of about 16%[24]. Cash Flow - The company reported a net cash flow from operating activities of ¥570,541,915.43, an increase of 93.02% year-to-date[4]. - Cash flow from operating activities increased to ¥570,541,915.43, up by ¥274,954,133.68, marking a growth of 93.02% compared to the previous year[10]. - Cash inflow from investment activities totaled approximately $2.37 billion, an increase from $1.07 billion year-over-year[38]. - Net cash flow from investment activities was approximately $371.69 million, compared to a negative cash flow of $141.07 million in the previous year[38]. - Cash inflow from financing activities reached approximately $3.11 billion, up from $2.68 billion year-over-year[38]. - Net cash flow from financing activities was negative at approximately -$1.46 billion, contrasting with a positive cash flow of $161.51 million in the previous year[38]. - The ending balance of cash and cash equivalents was approximately $1.82 billion, down from $2.33 billion year-over-year[38]. Investment and Income - The investment income from various projects totaled ¥950,428,990.87, indicating a strong performance in venture capital investments[6]. - The company's investment income rose to ¥903,085,448.40, an increase of ¥290,948,002.07, representing a growth of 47.53% year-over-year[10]. - The company reported a significant increase in cash received from investment returns, totaling ¥1,198,223,498.69, which is an increase of ¥571,747,546.65 or 91.26% year-over-year[10]. - Cash received from investment income was approximately $1.20 billion, compared to $626.48 million in the previous year[38]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 80,609, with the largest shareholder, Hunan Broadcasting Network, holding 16.66% of the shares[14]. Other Financial Metrics - The weighted average return on net assets was -0.09%, a decrease of 5.86% year-on-year[4]. - The company received government subsidies amounting to ¥10,205,755.10 during the reporting period[6]. - The total amount of other receivables decreased by ¥275,506,529.03, a decline of 57.91% compared to the previous year[10]. - The company's short-term borrowings decreased by ¥319,389,251.62, reflecting a reduction of 34.71% due to changes in the bank loan structure[10]. - Contract liabilities increased significantly by ¥87,276,752.91, a growth of 130.77%, primarily driven by the expansion of advertising business[10]. - The company experienced a 1738.89% increase in credit impairment losses, amounting to ¥67,241,079.69, mainly due to the recovery of receivables[10]. - The total cash paid for investment reached ¥1,974,376,695.07, an increase of ¥1,016,911,794.07 or 106.21% compared to the previous year, driven by increased venture capital investments[13]. - Research and development expenses increased to ¥64,127,792.20 from ¥58,391,598.91, reflecting a focus on innovation[28]. - The company reported a tax expense of ¥124,082,930.23, up from ¥65,514,877.78 in the previous period[31].