万达电影(002739) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was approximately ¥1.24 billion, a decline of 69.20% compared to the same period last year[3] - Net profit attributable to shareholders of the listed company was approximately -¥448.67 million, a decrease of 247.01% year-on-year[3] - Basic earnings per share were -¥0.2159, representing a decline of 247.07% compared to the same period last year[3] - The net loss for Q3 2020 was CNY 455,230,918.24, compared to a net profit of CNY 306,737,285.80 in Q3 2019[32] - The company reported a net loss of CNY 2,033,649,454.19 for the year-to-date period, compared to a profit of CNY 829,522,184.51 in the previous year, indicating a significant decline[36] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥24.59 billion, a decrease of 7.18% compared to the end of the previous year[3] - Total liabilities due within one year decreased by 67.84% to ¥350,000,000.00 from ¥1,088,291,287.03, primarily due to loan repayments[11] - Total assets decreased to CNY 18,615,896,823.06 from CNY 21,952,927,270.10, indicating a decline of 15.6%[29] - Total liabilities decreased to CNY 4,973,766,535.17 from CNY 8,696,570,687.29, a reduction of 42.5%[29] - The total liabilities increased slightly to CNY 12.49 billion from CNY 12.35 billion, marking a rise of approximately 1.1%[25] Cash Flow - The net cash flow from operating activities was approximately ¥35.55 million, down 69.97% year-on-year[3] - The cash flow from operating activities for the current period is ¥215,266,435.33, a decline of 80.5% compared to ¥1,103,821,491.98 in the previous period[40] - The total cash inflow from operating activities is ¥4,611,713,506.54, down 65.8% from ¥13,490,808,239.24 in the previous period[40] - The net cash flow from financing activities showed a negative balance of ¥1,219,249,615.72, worsening from a negative ¥19,716,999.55 in the previous year[43] Shareholder Information - Net assets attributable to shareholders of the listed company were approximately ¥11.80 billion, down 14.71% year-on-year[3] - The total number of ordinary shareholders at the end of the reporting period was 148,452[6] - The largest shareholder, Beijing Wanda Investment Co., Ltd., held 45.46% of the shares, totaling approximately 944.92 million shares[6] - The total equity attributable to shareholders decreased to CNY 11.80 billion from CNY 13.83 billion, reflecting a decline of about 14.7%[26] Government Support - The company received government subsidies amounting to approximately ¥123.21 million during the reporting period[4] Operational Challenges - The company anticipates significant challenges in meeting performance commitments for 2020 due to the impact of COVID-19 on film releases[15] - The company reported a significant reduction in employee compensation payable, which fell to CNY 125 million from CNY 291 million, a decrease of approximately 57.0%[25] Investment and Income - Investment income surged by 1312.82% to ¥50,559,202.18 from ¥3,578,593.89, mainly due to an increase in the fair value of equity investments[11] - The company reported an investment income of CNY 541,782,000.00 for the third quarter, compared to CNY 766,320,000.00 in the previous year, a decrease of 29.4%[33] Comprehensive Income - The company experienced a 840.21% decline in other comprehensive income, resulting in a loss of ¥17,680,143.68 compared to a gain of ¥2,388,529.43, mainly due to reduced foreign currency translation adjustments[11] - The total comprehensive income for the third quarter was CNY 543,228,445.76, down from CNY 753,296,263.39, reflecting a decline of 27.8%[34]