浙版传媒(601921) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,703,329,765.50, representing a year-on-year increase of 0.63%[12]. - The net profit attributable to shareholders of the listed company was CNY 110,404,070.17, a decrease of 24.24% compared to the same period last year[12]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 108,340,356.62, down 11.95% year-on-year[12]. - Basic earnings per share were CNY 0.0497, a decrease of 24.27% compared to the previous year[12]. - The total net profit for Q1 2024 was CNY 17,338,667.76, a significant increase from CNY 5,959,949.28 in Q1 2023, representing a growth of approximately 190%[29]. - Operating profit for Q1 2024 reached CNY 17,176,667.76, compared to CNY 5,959,949.28 in the same period last year, indicating a strong operational performance[29]. - Total revenue from operating activities in Q1 2024 was CNY 2,624,956,343.32, compared to CNY 2,613,023,478.01 in Q1 2023, indicating a marginal increase of 0.5%[46]. - The company's net profit for Q1 2024 was CNY 111,041,283.98, a decrease of 23.6% compared to CNY 145,397,334.06 in Q1 2023[43]. - Operating profit for Q1 2024 was CNY 148,142,769.69, slightly up from CNY 144,458,941.11 in Q1 2023, reflecting a growth of 4.7%[43]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY 284,579,398.08, an increase of 38.86% year-on-year, mainly due to VAT refunds received during the reporting period[12][15]. - Cash received from sales of goods and services in Q1 2024 was CNY 101,143,944.42, a substantial increase from CNY 23,269,126.23 in Q1 2023, reflecting a growth of over 335%[29]. - The company's cash flow from operating activities decreased to CNY 2,384,211,672.18 in Q1 2024 from CNY 2,417,735,232.74 in Q1 2023, a decline of 1.4%[46]. - Net cash flow from operating activities was -¥27,321,013.84, an improvement from -¥134,750,948.37 in the previous period, indicating a significant reduction in cash outflow[31]. - The ending balance of cash and cash equivalents decreased to ¥1,759,891,682.53 from ¥2,280,977,843.00, indicating a decline in liquidity[31]. - The cash and cash equivalents at the end of Q1 2024 were CNY 8,801,750,011.40, down from CNY 10,307,928,634.85 at the end of Q1 2023, reflecting a decrease of 14.6%[66]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 22,792,410,760.27, reflecting a year-on-year increase of 2.37%[13]. - The company's total assets amounted to ¥22,792,410,760.27, up from ¥22,263,745,754.33, indicating an increase in overall asset base[39]. - The total assets as of March 31, 2024, were CNY 12,794,341,186.85, a slight decrease from CNY 12,810,200,348.79 at the end of 2023[51]. - Total liabilities increased to ¥9,272,788,893.48 from ¥8,860,046,645.37, reflecting a rise in financial obligations[39]. - The company's total liabilities decreased to CNY 3,198,258,567.36 as of March 31, 2024, down from CNY 3,231,456,397.06 at the end of 2023[51]. - The total equity attributable to shareholders rose to ¥13,476,301,258.32 from ¥13,360,687,951.00, indicating growth in shareholder value[39]. - The total equity increased to CNY 9,596,082,619.49 as of March 31, 2024, compared to CNY 9,578,743,951.73 at the end of 2023, reflecting a growth of 0.2%[51]. Expenses and Costs - The total operating costs for Q1 2024 were CNY 2,543,158,496.04, up from CNY 2,507,522,413.94 in Q1 2023, reflecting a year-over-year increase of 1.41%[60]. - Research and development expenses increased to CNY 5,150,162.08 in Q1 2024 from CNY 3,673,685.60 in Q1 2023, marking an increase of 40.1%[43]. - The sales expenses for Q1 2024 were CNY 308,840,908.42, an increase from CNY 286,713,175.25 in Q1 2023, marking a rise of 7.7%[60]. Shareholder Information - The number of shareholders at the end of the reporting period was 35,142, with the largest shareholder, Zhejiang Publishing United Group Co., Ltd., holding 76.95% of the shares[23]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder holding over 1.7 billion shares[23]. Accounting and Reporting - The company is not applying new accounting standards for the first time in 2024, indicating stability in financial reporting practices[26]. - The company’s financial statements for Q1 2024 are unaudited, which is standard for quarterly reports[29].