上海电影(601595) - 2024 Q1 - 季度财报

Financial Performance - Total revenue for the first quarter reached RMB 209,959,238.79, representing an increase of 18.26% compared to the same period last year[16] - Net profit attributable to shareholders of the listed company was RMB 46,112,631.18, reflecting a growth of 28.18% year-on-year[16] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 28,530,687.47, up by 20.83% from the previous year[16] - Basic earnings per share were RMB 0.10, an increase of 25.00% compared to the same period last year[16] - The company reported a net profit of CNY 197,079,091.31, an increase from CNY 155,395,708.30[30] - Net profit for Q1 2024 was ¥51,816,091.74, representing a 37.6% increase from ¥37,663,755.83 in Q1 2023[45] - Operating profit for Q1 2024 was ¥59,191,243.52, up 40% from ¥42,275,625.41 in Q1 2023[45] - Earnings per share for Q1 2024 were ¥0.10, compared to ¥0.08 in Q1 2023, reflecting a 25% increase[45] Assets and Liabilities - Total assets at the end of the reporting period were RMB 2,917,907,972.20, a decrease of 1.79% from the end of the previous year[5] - Total non-current assets amounted to CNY 1,419,341,894.06, an increase from CNY 1,358,036,970.30[27] - Current assets totaled CNY 1,498,566,078.14, down from CNY 1,613,111,109.93[28] - Total liabilities reached CNY 1,081,875,799.72, compared to CNY 1,182,502,751.32 previously[30] - The total equity attributable to shareholders was CNY 1,689,912,554.05, up from CNY 1,648,229,171.04[30] - The company’s total assets were CNY 2,917,907,972.20, down from CNY 2,971,148,080.23[31] - The company’s deferred tax liabilities increased to CNY 3,380,160.71 from CNY 2,361,429.61[30] Cash Flow - The net cash flow from operating activities was RMB -1,841,639.00, indicating a non-applicable change[16] - In Q1 2024, cash inflow from operating activities was $557,217,135.24, an increase of 3.9% compared to $537,159,793.13 in Q1 2023[47] - Cash outflow from operating activities totaled $559,058,774.24, slightly down from $561,806,978.81 in the previous year, resulting in a net cash flow from operating activities of -$1,841,639.00, an improvement from -$24,647,185.68[47] - Cash inflow from investment activities was $94,229,747.17, a decrease of 48.5% from $183,095,938.67 in Q1 2023[48] - Cash outflow from investment activities amounted to $393,863,685.03, down from $459,309,990.62, leading to a net cash flow from investment activities of -$299,633,937.86, compared to -$276,214,051.95 in the prior year[48] - Cash flow from financing activities resulted in a net outflow of -$26,337,221.57, significantly less than -$575,711.41 in Q1 2023[48] - The ending cash and cash equivalents balance for Q1 2024 was $384,899,539.62, down from $501,889,576.16 at the end of Q1 2023[48] Other Financial Metrics - The weighted average return on equity was 2.76%, an increase of 0.5 percentage points compared to the previous year[16] - Non-recurring gains and losses amounted to RMB 17,581,943.71 after tax adjustments[7] - The company reported a significant increase in trading financial assets, which rose to RMB 560,188,653.78 from RMB 373,019,263.04, marking a substantial growth[11] - The company’s inventory increased to CNY 27,314,646.50 from CNY 16,557,052.58[28] - Tax expenses for Q1 2024 amounted to ¥7,820,190.24, an increase from ¥4,474,429.47 in Q1 2023[45] - Other income for Q1 2024 was ¥479,937.83, compared to ¥162,946.77 in Q1 2023[45] - The company reported investment income of ¥8,703,829.99 for Q1 2024, significantly higher than ¥907,832.35 in Q1 2023[33] Operational Insights - The company did not execute any mergers or acquisitions during the reporting period[35] - Payments to employees increased to $48,525,807.08 from $32,667,000.27, reflecting a rise in workforce costs[47] - The company received $6,530,142.34 in tax refunds, a substantial increase from $10,076.21 in the previous year[47] - The company reported a decrease in cash received from investment recoveries, totaling $91,000,000.00 compared to $181,500,000.00 in Q1 2023[48] - The company’s cash flow management strategies appear to be improving, as evidenced by the reduced net cash outflows across operating and financing activities compared to the previous year[48]