Financial Performance - In 2020, the company reported a total revenue of ¥309.30 million, a decrease of 72.05% compared to ¥1,106.52 million in 2019[21]. - The net profit attributable to shareholders was -¥431.22 million, a decline of 414.44% from a profit of ¥137.14 million in 2019[21]. - The company's cash flow from operating activities was -¥394.78 million, down 190.74% from ¥435.05 million in 2019[21]. - By the end of 2020, the total assets decreased by 21.06% to ¥2,838.43 million from ¥3,595.89 million in 2019[21]. - The net assets attributable to shareholders fell by 18.76% to ¥2,019.34 million compared to ¥2,485.72 million at the end of 2019[21]. - Basic earnings per share were -¥0.96, a decrease of 409.68% from ¥0.31 in 2019[23]. - The weighted average return on equity was -19.17%, a decrease of 24.90 percentage points from 5.73% in 2019[23]. - The company reported a total of RMB 451,622,663.22 in financial assets at the beginning of the year, increasing to RMB 487,719,137.79 by year-end[31]. - The company reported a total operating revenue of RMB 3.09 billion for the year 2020, with box office revenue accounting for RMB 2.23 billion, representing approximately 72% of total revenue[177]. Operational Challenges - The company's revenue decreased by 72.05% year-on-year, primarily due to the impact of the COVID-19 pandemic, which led to the suspension of operations in all its cinemas[47]. - The cinema operation segment is responsible for managing theaters and providing support services to improve operational efficiency[34]. - The company’s cinema management business operated 94 cinemas, with a total box office revenue of CNY 21.4 million, down 72.06% year-on-year[38]. - The Lianhe Cinema Line achieved a total box office of CNY 1.408 billion, a decrease of 70.14% year-on-year, with total audience attendance of 38.64 million, down 69.88%[38]. - The company successfully negotiated rent reductions for 49 cinemas during the pandemic to mitigate losses[38]. - The cinema industry faced significant challenges due to the COVID-19 pandemic, with nearly 180 days of closure impacting the company's film distribution and screening operations[75]. Strategic Initiatives - The company aims to expand its market presence through strategic partnerships and enhanced service offerings in the cinema industry[34]. - The company plans to innovate its online and offline business models, leveraging its online brand "Shangyingbao" to expand new products and enhance member integration[75]. - The company aims to develop a multi-functional film cultural space and immersive commercial "new species" through the "Cinema+" ecological layout, with the Shanghai Film Art Center as a flagship project[76]. - The company plans to leverage its financing advantages to promote industry integration and improve the quality and quantity of its cinema brand "SFC Shanghai Film City"[74]. - The company is focused on creating a "cinema+" entertainment ecosystem to enhance cultural empowerment and operational capabilities in the industry[74]. Market Trends - In 2020, China's domestic film market total box office reached 20.417 billion yuan, a year-on-year decline of 68.23%[71]. - The number of moviegoers in China was 548 million, down 68.2% compared to the previous year[71]. - The total number of screens in China reached 75,581, with an annual increase of 5,794 screens, representing an 8.3% growth, although the growth rate has been slowing for five consecutive years[71]. - The total box office for domestic films was 17.093 billion yuan, accounting for 83.72% of the total box office, while imported films accounted for 16.28% with a total of 3.324 billion yuan[71]. Financial Management - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[7]. - The company has detailed potential risks in its report, advising investors to be cautious[7]. - The company has committed to avoiding competition with its controlling shareholder, Shanghai Film Group, ensuring no direct or indirect involvement in competing businesses[89]. - The company has implemented new revenue recognition standards effective January 1, 2020, which are not expected to significantly impact its financial position or results[95]. - The company has appointed PwC Zhongtian as the auditor for the fiscal year 2020, continuing a 9-year relationship[97]. Governance and Compliance - The board of directors consists of 9 members, including 3 independent directors, ensuring a structured governance framework[165]. - The company received an A grade for its information disclosure practices from the Shanghai Stock Exchange for the years 2019 to 2020[165]. - The company actively maintained investor relations through various channels, including strategy meetings and online communication platforms[165]. - The company has established a strict internal control system to ensure compliance with operational regulations[163]. - The company’s governance practices comply with the requirements of the Company Law and the China Securities Regulatory Commission[163]. Employee Management - The total remuneration for all directors, supervisors, and senior management personnel amounted to RMB 5.5016 million in the reporting period[148]. - The company has established a salary management system that aligns with long-term development and shareholder interests, ensuring competitive and performance-linked remuneration for directors and senior management[148]. - The company has implemented a training program that combines internal and external training methods to enhance employee skills and align with corporate development needs[157]. - The company employed a total of 1,076 staff, including 790 production personnel, 103 sales personnel, and 69 technical personnel[153]. Future Outlook - The company provided a future outlook with a revenue guidance of 1.8 billion for the next fiscal year, indicating a growth target of 20%[138]. - The company plans to enhance its international distribution network, aiming for a 15% increase in overseas revenue[138]. - The company is investing 200 million in new technology development to enhance digital streaming capabilities[138]. - Market expansion efforts are underway in Southeast Asia, with a target to increase market share by 30% in the region[138].

2020 年第三季度报告 公司代码：601595 公司简称：上海电影 上海电影股份有限公司 2020 年第三季度报告 1 / 24 2020 年第三季度报告 一、 重要提示 二、 公司基本情况. 三、 重要事项 四、 附录 目录 2 / 24 2020 年第三季度报告 单位：元 币种：人民币 一、重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人王健儿、主管会计工作负责人王蕊及会计机构负责人（会计主管人员）张永娣保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | |-----------------------------------------------|------------------------------|------------------------------------|------- ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥57,141,036.27, a decrease of 89.54% compared to ¥546,146,357.03 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was -¥239,456,791.27, a decline of 450.63% from ¥68,293,100.24 in the previous year[20]. - The net cash flow from operating activities was -¥73,750,637.10, down 494.74% from ¥18,683,490.86 in the same period last year[20]. - The total assets at the end of the reporting period were ¥3,270,545,986.07, a decrease of 9.05% from ¥3,595,885,622.93 at the end of the previous year[20]. - The net assets attributable to shareholders of the listed company decreased by 11.33% to ¥2,204,054,839.64 from ¥2,485,717,130.91 at the end of the previous year[20]. - Basic earnings per share for the reporting period were -¥0.64, a decrease of 455.56% compared to ¥0.18 in the same period last year[20]. - The weighted average return on net assets was -10.12%, a decrease of 13.04 percentage points from 2.92% in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -252.44 million, down 584.55% year-on-year[32]. - The net loss for the first half of 2020 was CNY 259,575,903.86, compared to a net profit of CNY 66,085,264.41 in the same period of 2019, marking a shift of approximately 493.5%[118]. Market Impact - The total box office for the national film market during the reporting period was CNY 2.246 billion, a year-on-year decrease of 92.8%[28]. - The number of cinema-goers nationwide was 60.06 million, a decline of 92.6% year-on-year[28]. - The COVID-19 pandemic led to a complete shutdown of cinemas starting January 24, 2020, resulting in zero revenue for the company's direct-operated cinemas, with ongoing costs for rent and personnel[58]. - The company faces risks related to insufficient supply of quality content, which could lead to a decline in audience demand and revenue if cinemas reopen without appealing films[59]. - The pandemic has increased the risk of bad debts due to the inability to recover receivables from companies that have ceased operations, potentially leading to asset impairment[60]. Operational Adjustments - The company has established new business groups focusing on "online film development," "overseas distribution," and "new media operations" to seek innovative growth points[33]. - The cinema management team focused on cost reduction and revenue generation during the pandemic, exploring alternative revenue streams such as event rentals and online sales of merchandise[34]. - The company plans to enhance operational efficiency by introducing new products, optimizing supply chains, and improving inventory management to recover from the pandemic[34]. Financial Management - There were no plans for profit distribution or capital reserve transfer to increase share capital during the reporting period[7]. - The company has not made significant equity investments during the reporting period, with a total investment amount of ¥0 compared to ¥229.50 million in the same period last year, reflecting a 100% decrease[52]. - The company has not proposed any profit distribution or capital reserve increase for the half-year period, indicating a focus on financial stability during uncertain times[66]. - The company received government subsidies amounting to CNY 14.91 million, contributing to other income, which accounted for -5.40% of total profit[42]. Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 26,529[88]. - The largest shareholder, Shanghai Film (Group) Co., Ltd., held 258,523,597 shares, representing 69.22% of total shares[90]. - The total number of shares increased from 373,500,000 to 448,200,000 after the 2019 profit distribution plan, which included a cash dividend of 0.113 yuan per share[87]. Accounting and Reporting - The financial statements are prepared based on the "Enterprise Accounting Standards" and comply with the disclosure requirements of the China Securities Regulatory Commission[150]. - The financial statements reflect the company's financial position, operating results, changes in shareholders' equity, and cash flows accurately and completely[156]. - The group’s accounting currency is Renminbi (RMB)[158]. - The group includes all subsidiaries in the consolidated financial statements from the date of actual control acquisition[161]. - The company recognizes long-term equity investments at cost, with investments from mergers accounted for based on the book value of the acquired entity's equity[191]. Future Outlook - The company anticipates potential losses or significant fluctuations in operating performance due to the ongoing impact of the COVID-19 pandemic on cinema operations[56]. - The company is focusing on improving its financial performance in the upcoming periods through potential market expansion and new product development strategies[134].

Financial Performance - Operating revenue fell by 83.93% to CNY 45,770,175.90 year-on-year[14] - Net profit attributable to shareholders was CNY -70,898,879.17, a decrease of 253.62% compared to the same period last year[14] - Net cash flow from operating activities was CNY -69,964,478.39, a decline of 1,727.06% year-on-year[14] - Basic earnings per share were CNY -0.19, down 258.33% from CNY 0.12 in the previous year[14] - The company reported a significant decline in both revenue and profit due to the impact of external factors[14] - The company's revenue for the reporting period was 45.77 million RMB, down 83.93% compared to the previous period due to the impact of the pandemic[28] - The company's net profit for the reporting period was -80.81 million RMB, a decrease of 276.33% year-on-year, primarily due to the pandemic's impact on revenue[28] - The company reported a significant decrease in sales and management expenses, with sales expenses at CNY 1,372,506.45 and management expenses at CNY 17,131,677.22 for Q1 2020[51] - The company experienced a financial loss from investments amounting to CNY -4,212,603.34 in Q1 2020, compared to a profit of CNY 4,918,258.64 in Q1 2019[51] - Net profit for Q1 2020 was a loss of CNY 80,809,907.16, compared to a net profit of CNY 45,827,880.88 in Q1 2019[51] - The total comprehensive income for Q1 2020 was a loss of CNY 80,809,907.16, compared to a comprehensive income of CNY 45,827,880.88 in Q1 2019[53] Assets and Liabilities - Total assets decreased by 5.03% to CNY 3,415,097,099.99 compared to the end of the previous year[14] - Total liabilities decreased from $1,063,981,530.02 to $964,002,914.24, a decline of around 9.4%[40] - Shareholders' equity decreased from $2,531,904,092.91 to $2,451,094,185.75, a reduction of about 3.2%[40] - Cash and cash equivalents decreased from $1,560,234,604.38 to $1,481,063,555.00, a decline of approximately 5.06%[44] - Current liabilities decreased from $925,589,789.74 to $830,187,262.10, a reduction of about 10.3%[40] - Non-current liabilities decreased from $138,391,740.28 to $133,815,652.14, a decrease of approximately 3.3%[40] - The total non-current assets decreased from $1,445,426,349.86 to $1,423,395,580.98, a decline of approximately 1.52%[40] - Accounts payable decreased from $548,591,222.35 to $522,012,945.52, a reduction of about 4.85%[40] - Employee compensation payable decreased significantly from $27,894,115.45 to $10,851,604.15, a decline of approximately 61.1%[40] - Deferred tax assets increased from $36,963,236.51 to $46,492,439.33, an increase of about 25.7%[40] Market Performance - The total box office revenue for the national film market in Q1 2020 was 224,609.80 million RMB, a decrease of 87.98% year-on-year[23] - The company achieved box office revenue of 22.22 million RMB (excluding service fees) with a market share of 1.08% and 580,400 attendees during the reporting period[24] - The company did not participate in the distribution of films released during the reporting period, only engaging in one film's distribution that was postponed due to the pandemic[24] - The company anticipates potential losses in short-term operating performance due to the ongoing impact of the pandemic on cinema operations[32] Cash Flow - Cash flow from operating activities for Q1 2020 was a net outflow of CNY 69,964,478.39, compared to a net inflow of CNY 4,300,060.87 in Q1 2019[64] - The company reported a significant decrease in cash inflow from sales, totaling CNY 147,769,671.56 in Q1 2020, down from CNY 715,431,245.74 in Q1 2019[64] - The total cash outflow from operating activities was $33,684,546.52, compared to $60,969,723.46 in Q1 2019[70] - Cash received from operating activities totaled $24,095,922.92, a decrease from $202,846,687.70 in the previous year[70] - The company’s total cash outflow from financing activities in Q1 2020 was CNY 16,217,933.49, compared to a net inflow of CNY 478,923.73 in Q1 2019[65]

2019 年年度报告 公司代码：601595 公司简称：上海电影 上海电影股份有限公司 2019 年年度报告 1 / 186 2019 年年度报告 重要提示 | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 | | 二、 公司全体董事出席董事会会议。 | 三、 普华永道中天会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人任仲伦、主管会计工作负责人王蕊及会计机构负责人（会计主管人员）张永娣声 明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 以2019年12月31日的公司 ...

2019 年第三季度报告 公司代码：601595 公司简称：上海电影 上海电影股份有限公司 2019 年第三季度报告 1 / 29 2019 年第三季度报告 目录 | --- | --- | |-------|------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | 一、 | 重要提示 ..................................................................................................................................... 3 | | 二、 | 公司基本情况 ..................................................................................... ...

2019 年第三季度报告 公司代码：601595 公司简称：上海电影 上海电影股份有限公司 2019 年第三季度报告 1 / 28 2019 年第三季度报告 目录 | --- | --- | |-------|-------| | | | | | | | | | | | | | | | | 一、 | | | | | | | | | | | | 二、 | | | | | | 三、 | | | 四、 | | | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------| | | | 重要提示 ..................................................................................................................................... | | ...

证券代码：601595 证券简称：上海电影 公告编号：2019-026 上海电影股份有限公司 关于参加上海辖区上市公司投资者集体接待日活动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗 漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 为进一步加强与投资者的互动交流工作，上海电影股份有限公司（以下简称 "公司"）将参加由上海上市公司协会、上证所信息网络有限公司共同举办的 "2019 年上海辖区上市公司投资者集体接待日"活动，现将有关事项公告如下： 本次集体接待日活动将在上证所信息网络有限公司提供的平台，采取网络远 程 的 方 式 举 行 ， 投 资 者 可 以 登 陆 " 上 证 路演中心 " 网 站 （http://roadshow.sseinfo.com）或关注微信号：上证路演中心（sse_roadshow）, 参与公司本次投资者集体接待日活动，活动时间为 2019 年 9 月 26 日（周四）下 午 15:00 至 17:00。 届时公司董事会秘书戴运先生、财务总监王蕊女士将通过网络在线交流的形 式，与投资者就公司治理、发展战略、经营状况和可持续发展等投资 ...

Financial Performance - The company's operating revenue for the first half of 2019 was CNY 546,146,357.03, representing a 2.32% increase compared to CNY 533,745,206.54 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was CNY 68,293,100.24, which is a 16.42% increase from CNY 58,660,995.02 year-on-year[23]. - The net cash flow from operating activities reached CNY 18,683,490.86, showing a significant increase of 245.71% compared to CNY 5,404,430.78 in the previous year[23]. - The basic earnings per share for the first half of 2019 was CNY 0.18, up 12.50% from CNY 0.16 in the same period last year[24]. - The weighted average return on net assets increased to 2.92%, up by 0.14 percentage points from 2.78% year-on-year[24]. - The net profit after deducting non-recurring gains and losses was CNY 52,098,587.00, a marginal increase of 0.91% from CNY 51,629,076.59 in the same period last year[23]. - The diluted earnings per share remained at CNY 0.18, consistent with the basic earnings per share[24]. - The total comprehensive income attributable to the parent company was CNY 68,293,100.24, an increase from CNY 58,660,995.02 in the previous period, reflecting a growth of approximately 16.5%[114]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,159,003,172.24, a slight decrease of 0.16% from CNY 3,164,126,380.27 at the end of the previous year[23]. - The net assets attributable to shareholders of the listed company were CNY 2,302,652,717.22, reflecting a decrease of 0.76% from CNY 2,320,264,616.98 at the end of the previous year[23]. - The company's total equity reached CNY 2,196,473,039.44, compared to CNY 2,147,615,204.41 in the previous year, showing an increase of about 2.3%[108]. - Total liabilities increased to CNY 498,559,934.45, up from CNY 273,749,349.36, which is an increase of approximately 82.2%[108]. - The total liabilities decreased by 3.29% to CNY 316,357,294.82, showing improved financial stability[49]. Cinema Operations - The company's main business includes film distribution and screening, with a complete industry chain of "professional distribution company + comprehensive cinema line + high-end cinema operation"[30]. - The company operates 627 cinemas under the Lianhe Cinema Line, achieving a box office of 2.378 billion RMB, ranking among the top three in the country[36]. - The company has 16 IMAX screens, 11 4DX dynamic halls, and 10 Dolby Atmos immersive sound halls, enhancing its competitive edge in technology and service[35]. - The first half of 2019 saw a slowdown in the growth of new cinemas and screens, indicating a more rational approach to cinema terminal construction[32]. - The company plans to open approximately 5 new cinemas in the second half of the year, focusing on audience experience and digital transformation[39]. Market Conditions - In the first half of 2019, China's total box office was 31.17 billion RMB, a decrease of 2.70% year-on-year, with total audience attendance dropping by 10.45% to approximately 807 million[32]. - The box office for domestic films in the first half of 2019 was 15.754 billion RMB, down 16.94% year-on-year, accounting for 50.54% of the total box office[32]. - The company continues to enhance its cinema advertising prices despite intense competition, leveraging its prime locations in first- and second-tier cities[35]. - The company is focusing on integrating online and offline channels for film distribution, which has become the industry standard[32]. Financial Management - The company received government subsidies amounting to 12,680,876.60 RMB, contributing positively to its financial performance[27]. - The total non-recurring gains and losses amounted to 16,194,513.24 RMB, indicating a positive impact on the company's financial results[27]. - The company reported a net cash flow from financing activities of 9.54 million yuan, a turnaround from a negative cash flow of 39.10 million yuan in the previous year[42]. - The company's sales expenses decreased by 29.38% to 7.02 million yuan, while management expenses decreased by 20.78% to 43.71 million yuan[42]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period was 25,149[82]. - The largest shareholder, Shanghai Film (Group) Co., Ltd., holds 258,523,597 shares, representing 69.22% of the total shares[82]. - The second-largest shareholder, Shanghai Jingwen Investment Co., Ltd., holds 12,126,403 shares, representing 3.25% of the total shares[82]. - The company reported no changes in share capital structure during the reporting period[81]. Compliance and Governance - The company has not made any changes to its accounting firm during the audit period[69]. - There are no significant lawsuits or arbitration matters reported during the reporting period[68]. - Shanghai Film Group aims to minimize and standardize related party transactions with its subsidiaries, ensuring fair and reasonable practices[66]. - The company commits to not infringing on its own interests or those of its shareholders through related party transactions, with a promise to compensate for any losses incurred due to violations[66]. Accounting Policies - The company adheres to the Chinese Accounting Standards, ensuring compliance and transparency in financial reporting[149]. - The financial statements are prepared based on the going concern assumption, ensuring the company’s ability to continue operations[146]. - The company recognizes financial assets based on the business model and cash flow characteristics, categorizing them into three types[162]. - The company applies the equity method for long-term equity investments when it loses control over subsidiaries but retains significant influence[189].

公司代码：601595 公司简称：上海电影 上海电影股份有限公司 2019 年第一季度报告 1 / 24 目录 | --- | --- | |-------|----------------| | | | | í | 重要提示 . | | 二、 | 公司基本情况 . | | 11Í | 重要事项 . | | 四、 | 附录 . | 2 / 24 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人任仲伦、主管会计工作负责人王蕊及会计机构负责人（会计主管人员）张永娣保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | |-----------------------------------------------|------------------|----------------------|---- ...