华谊兄弟(300027) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥132,168,142.76, a decrease of 66.69% compared to the same period last year, which was ¥396,793,981.68[5] - The net profit attributable to shareholders for Q1 2022 was -¥131,821,247.70, representing a decline of 156.19% from the previous year's profit of ¥234,585,846.13[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥112,666,385.94, down 58.93% from -¥70,891,022.21 in the same period last year[5] - The basic and diluted earnings per share for Q1 2022 were both -¥0.05, a drop of 162.50% from ¥0.08 in the same period last year[7] - The company reported a net loss of ¥133,548,232.68 for the first quarter of 2022, compared to a net profit of ¥224,689,849.46 in the same period last year[76] - Total operating revenue for the quarter was significantly impacted, leading to an operating profit of -¥130,837,558.16, down from ¥217,739,435.99 in the previous year[76] - The company reported total comprehensive income of -¥138,131,267.71 for the quarter, down from ¥235,927,005.61 in the previous year[76] Cash Flow and Assets - The net cash flow from operating activities was -¥75,514,863.77, a decrease of 119.59% compared to ¥385,390,077.31 in the previous year[7] - Cash flow from operating activities showed a net outflow of -¥75,514,863.77, compared to a net inflow of ¥385,390,077.31 in the prior year[77] - Cash and cash equivalents at the end of the period were ¥363,372,171.60, down from ¥710,468,392.17 at the end of the previous year[81] - Cash and cash equivalents at the end of the period were CNY 480,568,993.91, down from CNY 621,203,992.52 at the beginning of the year, representing a decrease of 22.6%[37] - Total assets at the end of the reporting period were ¥6,839,880,728.81, a decrease of 3.59% from ¥7,094,224,006.07 at the end of the previous year[7] - Total assets decreased to CNY 6,839,880,728.81 from CNY 7,094,224,006.07, a decline of 3.6%[68] Liabilities and Equity - The equity attributable to shareholders at the end of the reporting period was ¥2,194,660,131.77, down 5.85% from ¥2,331,064,414.50 at the end of the previous year[7] - Total liabilities decreased to CNY 4,425,606,929.60 from CNY 4,541,818,939.15, a reduction of 2.6%[53] - Shareholders' equity decreased to CNY 2,414,273,799.21 from CNY 2,552,405,066.92, a decline of 5.4%[67] Operational Highlights - The company has released films such as "Anti-Corruption Storm 5" and "Embrace the Winter" with box office earnings of approximately ¥481 million and ¥665 million, respectively[13] - The company has completed the production of several TV series, including "The Verdict" and "The Disappearing Children," which are currently in post-production[13] - As of the end of the reporting period, the company had 29 cinemas in operation, expanding its presence in various cities[14] Cost and Expenses - Operating costs fell by 74.78% year-on-year, attributed to the decrease in revenue[17] - Research and development expenses dropped by 100.00% compared to the previous year, due to a restructuring of subsidiary business and reduced R&D activities[17] - The company incurred research and development expenses of ¥1,663,892.42 during the quarter[76] - The company's financial expenses decreased by 52.16% year-on-year, primarily due to a reduction in interest-bearing liabilities and interest expenses[17] - The company reported a significant increase in financial expenses, with interest expenses amounting to ¥35,699,077.74[76] Inventory and Receivables - The company's inventory increased by 33.51% compared to the beginning of the reporting period, mainly due to the completion of film projects transferred to inventory[22] - Accounts receivable increased to CNY 193,038,733.39 from CNY 175,039,342.04, reflecting an increase of 10.3%[37] - Inventory rose to CNY 484,038,007.15, up from CNY 362,538,450.44, indicating a growth of 33.5%[37] Other Income - The company's other income increased by 209.88% year-on-year, mainly due to an increase in received settlements and compensation[21] - The net cash flow from investment activities was a net inflow of 27.17 million yuan, down 87.96% year-on-year, mainly due to a decrease in proceeds from the disposal of subsidiary and investee equity[23]