BGCTV(SH:600037)2024-04-26 14:56Financial Performance - The company's operating revenue for Q1 2024 was CNY 529,540,457.59, representing a year-on-year increase of 0.93%[5] - The net profit attributable to shareholders of the listed company was a loss of CNY 9,278,704.16, with a basic and diluted earnings per share of -0.0067[5] - The company reported a decrease in operating costs compared to the same period last year, contributing to the net profit attributable to shareholders excluding non-recurring gains and losses[9] - Total operating revenue for Q1 2024 was CNY 529,540,457.59, a slight increase of 0.16% compared to CNY 524,682,052.93 in Q1 2023[17] - Net profit for Q1 2024 was a loss of CNY 9,278,704.16, an improvement from a loss of CNY 58,441,297.59 in Q1 2023[19] - Earnings per share for Q1 2024 was -0.0067, compared to -0.0420 in Q1 2023[19] Cash Flow - The net cash flow from operating activities was CNY 94,511,432.60, reflecting an increase of 8.51% compared to the same period last year[5] - Cash inflow from operating activities totaled CNY 562,695,466.01, slightly down from CNY 563,768,415.28 in Q1 2023[19] - The company received CNY 6,847,528.90 in tax refunds during the quarter, indicating positive cash flow management[19] - The net cash flow from operating activities for Q1 2024 was $94,511,432.60, an increase of 8.2% compared to $87,098,809.65 in Q1 2023[20] - The net cash flow from investing activities was -$538,671,321.69, an improvement from -$1,305,339,220.50 in Q1 2023[20] - The net increase in cash and cash equivalents for Q1 2024 was -$482,798,072.09, an improvement from -$1,222,507,378.85 in Q1 2023[20] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 15,775,174,446.11, a decrease of 0.81% from the end of the previous year[6] - The company's current assets totaled ¥9,082,086,258.29, slightly down from ¥9,089,562,852.23, indicating a decrease of about 0.08%[14] - Cash and cash equivalents were reported at ¥7,551,126,521.54, down from ¥8,034,219,508.58, representing a decline of approximately 5.96%[14] - The total liabilities of the company were not specified in the provided documents, but the current liabilities and short-term borrowings were not detailed either[14] - Total liabilities decreased to CNY 2,957,276,991.17 from CNY 3,077,138,172.03 year-over-year[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 60,205[11] - The company reported a total of 265,635,026 shares held by China Broadcasting Network Co., Ltd., representing 19.09% of total shares[12] - Beijing Beiguang Media Investment Development Center holds 255,217,966 shares, accounting for 18.34% of total shares[12] - The company has not indicated any significant changes in shareholder participation in margin financing or securities lending activities[13] Research and Development - Research and development expenses increased to CNY 19,922,554.61, up from CNY 15,327,397.10 in the previous year, reflecting a focus on innovation[17] Government Support - The company received government subsidies amounting to CNY 3,824,588.42 during the reporting period[7] Non-Recurring Items - Non-recurring losses for the period totaled CNY 25,874,596.31, primarily due to a significant decline in the fair value of financial assets held by the company[8] - The company reported a financial asset fair value loss of CNY 34,449,817.45, an improvement from a loss of CNY 61,110,980.52 in Q1 2023[18]