幸福蓝海(300528) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥111,186,894.31, representing a decrease of 11.90% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥75,827,237.27, a decline of 49.55% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥79,198,626.84, down 51.41% from the previous year[3]. - The basic earnings per share were -¥0.2035, a decrease of 49.55% year-on-year[3]. - The weighted average return on equity was -10.68%, a decrease of 6.89% compared to the previous year[3]. - The company's net loss for the period was CNY 635,008,323.23, compared to a loss of CNY 294,987,086.68 in the previous year, indicating a worsening of approximately 115%[23]. - The net profit for the third quarter of 2021 was -122,913,913.46 CNY, compared to -291,847,201.04 CNY in the same period last year, showing an improvement of approximately 58.9%[26]. - Operating profit for the quarter was -113,360,309.13 CNY, a reduction from -286,718,075.99 CNY year-over-year, indicating a significant decrease in losses[26]. - Total comprehensive income for the third quarter was -122,990,855.05 CNY, compared to -291,867,220.46 CNY in the previous year, reflecting a 57.8% improvement[27]. Cash Flow and Investments - The cash flow from operating activities was ¥88,077,787.44, an increase of 6.07% year-to-date[3]. - The cash flow from operating activities was 8,807.78 million, showing a 6.07% increase compared to 8,303.56 million in the same period last year[12]. - Investment activities generated a cash outflow of -16,121.84 million, a 143.11% increase in outflow from -6,631.40 million in 2020, mainly due to increased investments in film projects[11]. - The company reported an investment income of CNY 6,504,567.01 for the current period, compared to a loss of CNY 4,771,253.75 in the previous year[24]. - The total cash outflow from investing activities was 332,407,039.59 CNY, compared to 76,528,309.35 CNY in the same period last year, indicating increased investment activity[30]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,292,883,074.02, an increase of 39.56% compared to the end of the previous year[3]. - The total liabilities increased to CNY 2,732,802,262.11 from CNY 1,447,863,538.49 year-over-year, representing an increase of approximately 88.9%[22]. - The company's equity attributable to shareholders was 975,244,061.35, with a decrease of 227,223,086.91 in retained earnings[35]. - The company has a lease liability of 1,387,692,589.08, indicating a significant long-term commitment[35]. - The company’s total non-current liabilities amounted to 79,617,981.20, reflecting a substantial increase due to the new lease accounting standard[35]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,671[14]. - The largest shareholder, Jiangsu Broadcasting Television Group Co., Ltd., holds a 47.28% stake in the company[14]. Operational Challenges - The company faced adverse impacts on its operations due to COVID-19 restrictions, particularly in Nanjing and Yangzhou, leading to temporary cinema closures[18]. - The company has resumed operations in its cinemas since late September 2021 as the pandemic situation improved[18]. Other Financial Metrics - The company reported a significant increase in other income, which rose to 2,837.77 million, up 171.30% from 1,045.99 million in the previous year[11]. - Financial expenses surged to 6,304.41 million, a 139.20% increase from 2,635.61 million, attributed to the recognition of interest expenses on lease liabilities[11]. - The company’s investment income improved to 650.46 million, a 236.33% increase from -477.13 million in the same period last year[11]. - The company's cash and cash equivalents as of September 30, 2021, were CNY 424,318,706.58, down from CNY 565,083,139.85 at the end of 2020[20]. - Basic and diluted earnings per share for the quarter were both -0.3027 CNY, an improvement from -0.7374 CNY in the previous year[28]. Audit Status - The third quarter report was not audited, indicating a preliminary financial position[37].