XMGF(SZ:300770)2021-08-24 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥658,080,835.93, representing an increase of 11.01% compared to ¥592,798,844.24 in the same period last year[26]. - The net profit attributable to shareholders of the listed company was ¥361,366,170.25, up 17.87% from ¥306,588,690.78 in the previous year[26]. - The net profit after deducting non-recurring gains and losses was ¥318,543,506.28, reflecting a 15.40% increase from ¥276,044,543.00 year-on-year[26]. - The basic earnings per share increased to ¥1.57, an 18.05% rise from ¥1.33 in the same period last year[26]. - The company achieved a consolidated revenue of 658.08 million yuan, representing a year-on-year growth of 11.01%[43]. - The net profit attributable to shareholders reached 361.37 million yuan, up 17.87% year-on-year, while the net profit after deducting non-recurring gains and losses was 318.54 million yuan, an increase of 15.40%[45]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,560,451,827.03, an increase of 8.71% from ¥3,275,244,571.62 at the end of the previous year[26]. - The net assets attributable to shareholders of the listed company were ¥2,756,148,077.18, up 4.15% from ¥2,646,216,863.83 at the end of the previous year[26]. - The total liabilities rose to ¥802,240,361.09 from ¥628,009,329.25, which is an increase of about 27.69%[193]. - Total equity attributable to shareholders increased to CNY 2,756,148,077.18 from CNY 2,646,216,863.83, representing a growth of approximately 4.15%[196]. Cash Flow - The net cash flow from operating activities was ¥482,022,986.48, a decrease of 21.08% compared to ¥610,792,840.66 in the same period last year[26]. - The net increase in cash and cash equivalents fell by 87.51% to approximately ¥152.62 million, compared to ¥1.22 billion in the previous year[59]. - The company's cash and cash equivalents accounted for 63.77% of total assets, slightly down from 64.83% in the previous year[63]. Revenue Sources - The IPTV basic business generated revenue of 366.88 million yuan, with a year-on-year growth of 5.74%, and the effective users reached 19.38 million, a 9% increase[46]. - The internet audio-visual business revenue was 252.59 million yuan, growing 16.99% year-on-year, with the internet TV business revenue at 90.69 million yuan, up 23.87%[47]. - The content copyright business revenue increased by 35.14% year-on-year to 35.30 million yuan, expanding its market presence beyond Guangdong[48]. Investments and Expenditures - Research and development investment rose by 23.70% to approximately ¥21.53 million, up from ¥17.41 million in the previous year[56]. - The company reported an investment of RMB 14,695,740.00 during the reporting period, compared to RMB 0.00 in the same period last year, indicating a significant increase[71]. - The company has invested a total of RMB 46,025.78 million from the raised funds, with a remaining balance of RMB 64,276.36 million[75]. Shareholder Information - The total number of shares before the change was 231,058,146, with 38.75% being restricted shares and 61.25% being unrestricted shares[155]. - The largest shareholder, Guangdong Southern Broadcasting Media Group Co., Ltd., holds 38.75% of the shares, totaling 89,524,119 shares[159]. - As of June 30, 2021, the company had repurchased a total of 1,412,498 shares, accounting for 0.61% of the total share capital, with a total transaction amount of RMB 69,962,955.42[158]. Business Strategy and Risks - The company is actively exploring new business growth areas in value-added services, short videos, and advertising monetization[49]. - The company is focused on expanding its national business while deepening its presence in the Guangdong IPTV market[101]. - The company faces risks related to changes in tax policies that could impact its future tax expenses[102]. Compliance and Governance - The company is committed to maintaining compliance with industry regulations and enhancing communication with regulatory bodies[98]. - The company has established mechanisms to prevent intellectual property disputes, which could adversely affect its business operations[103]. - There were no significant lawsuits or arbitration matters during the reporting period[130].