HBMC(SZ:300027)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥377,014,431.50, a decrease of 51.84% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2021 was ¥477,172,611.94, an increase of 604.61% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥118,263,266.37, a decrease of 284.73% compared to the same period last year[5]. - Total revenue for the third quarter was ¥955,539,167.04, a decrease of approximately 13.7% compared to ¥1,107,171,777.96 in the same period last year[53]. - The company reported a net loss attributable to shareholders of ¥1,715,895,821.19, compared to a loss of ¥2,204,587,814.57 in the previous period[52]. - The net profit for the period reached CNY 597,852,247.73, a significant recovery from a net loss of CNY 340,424,684.46 in the previous period[56]. - The company reported a total profit of CNY 621,705,708.20, recovering from a loss of CNY -248,303,505.76 in the prior period[56]. Earnings and Shareholder Information - The basic earnings per share for Q3 2021 was ¥0.17, an increase of 666.67% year-on-year[7]. - Basic earnings per share reached 0.21 CNY, up 275.00% compared to the same period last year, driven by an increase in net profit attributable to shareholders[35]. - The total number of ordinary shareholders at the end of the reporting period was 96,460[36]. - The top shareholder, Wang Zhongjun, holds 20.37% of the shares, with a total of 566,034,062 shares, of which 424,525,546 are pledged[38]. - Tencent holds 7.93% of the shares, totaling 220,363,501 shares, with no pledges reported[38]. Assets and Liabilities - The total assets at the end of the reporting period were ¥9,784,579,317.21, an increase of 1.90% from the end of the previous year[7]. - Total assets amounted to approximately $9.60 billion, a decrease of $501.51 million compared to the previous period[71]. - Total liabilities increased to ¥6,004,754,631.04 from ¥5,974,742,024.75, reflecting a rise of approximately 0.5%[49]. - The company's total liabilities reached approximately $5.97 billion, reflecting a decrease of $595.57 million[71]. - The company's equity attributable to shareholders rose to ¥3,558,290,825.39 from ¥3,072,275,676.02, an increase of about 15.8%[52]. - The total equity attributable to shareholders of the parent company was approximately $3.07 billion, an increase of $94.06 million[74]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥272,127,563.70, an increase of 460.01% compared to the same period last year[5]. - The net cash flow from operating activities increased by 460.01% year-on-year, primarily due to increased receipts from film and television projects and growth in cinema operation revenue[34]. - The net cash flow from investing activities rose by 395.32% year-on-year, mainly due to an increase in proceeds from share sales compared to the same period last year[34]. - The net cash flow from financing activities decreased by 365.39% year-on-year, attributed to reduced borrowings and increased repayment of principal loans[34]. - The cash and cash equivalents at the end of the period increased to CNY 575,779,387.63 from CNY 411,613,225.37, reflecting a growth of approximately 39.9%[63]. Operational Highlights - The film "Warm Hug" achieved a cumulative box office of approximately ¥864 million, with about ¥687 million counted in this year's box office[14]. - The company continues to focus on content operations and has participated in various film projects, including international collaborations[16]. - The company has invested in multiple TV series and web dramas, with several projects like "Antique Bureau" and "Spring Comes with the Stars" already launched on online platforms[18]. - The company has opened 30 cinemas as of the reporting period, including locations in major cities like Chongqing, Wuhan, and Shenzhen[20]. - The company continues to strengthen its internet entertainment content production and business development based on its brand and IP advantages[22]. Expenses and Costs - Total operating costs increased to ¥1,286,199,453.90, up from ¥1,191,318,198.31, reflecting a rise of about 8%[53]. - Sales expenses increased by 46.00% year-on-year due to higher promotional costs associated with multiple film releases[23]. - Research and development expenses rose to ¥5,019,715.73, compared to ¥3,867,720.07, marking an increase of approximately 29.6%[53]. Investment and Income - Investment income surged by 505.41% year-on-year, primarily due to the disposal of equity stakes in several associated companies[24]. - Fair value changes in income rose by 180.66% year-on-year, attributed to significant increases in the market value of invested companies[25]. - Credit impairment losses skyrocketed by 2147.47% year-on-year, mainly due to the recovery of receivables[25]. - The company’s pre-receivable accounts increased by 1601.46% year-on-year, reflecting the receipt of share transfer payments pending completion[30]. Future Plans and Developments - The company aims to enhance its service level for artists and clients, expanding its revenue scale through diverse artist types across various fields[19]. - The company plans to focus on market expansion and new product development in the upcoming quarters[51]. - The company has disclosed important matters during the reporting period, including announcements regarding the resumption of review by the Shenzhen Stock Exchange and changes in supervisory personnel[43]. - The company plans to issue shares to specific targets, with multiple revisions to the proposal disclosed during the reporting period[43].