SFC(601595)2023-04-26 16:00Financial Performance - The diluted earnings per share for Q1 2023 is CNY 0.08, reflecting a significant increase of 2,766.67% compared to the previous year[5]. - The net profit attributable to shareholders of the listed company increased by 2,894.58%, primarily due to strong box office performance during the Spring Festival and reduced rental costs from negotiations with theaters[21]. - Total operating revenue for Q1 2023 reached RMB 177,544,049.08, an increase of 12.9% compared to RMB 157,262,379.34 in Q1 2022[29]. - Net profit for Q1 2023 was RMB 37,663,755.83, a significant recovery from a net loss of RMB 3,355,867.25 in Q1 2022[29]. - Operating profit for Q1 2023 was RMB 42,275,625.41, compared to an operating loss of RMB 2,903,352.84 in the same period last year[29]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 23,611,387.82, reflecting a year-on-year increase of 520.82%[39]. - The company's total comprehensive income for the period was RMB 37,663,755.83, compared to a loss of RMB -3,355,867.25 in the previous year[39]. Cash Flow and Assets - The net cash flow from operating activities decreased by 136.32%, attributed to increased payments to theaters compared to the same period last year[21]. - The company reported a net increase in cash and cash equivalents of CNY -301,436,949.04, compared to an increase of CNY 153,525,060.70 in the previous year[17]. - The company's cash and cash equivalents decreased from RMB 1,257,838,827.44 at the end of 2022 to RMB 958,625,737.53 as of March 31, 2023[47]. - The net cash flow from operating activities was negative at CNY -24,647,185.68, a decline from CNY 67,855,071.49 year-over-year[67]. - Operating cash inflows totaled CNY 537,159,793.13, an increase from CNY 476,370,630.83 in the previous year[67]. - Operating cash outflows amounted to CNY 561,806,978.81, compared to CNY 408,515,559.34 in the prior year[67]. - Cash inflows from investment activities reached CNY 183,095,938.67, up from CNY 101,399,270.32 in the previous year[67]. - Cash outflows from investment activities were CNY 459,309,990.62, significantly higher than CNY 9,581,471.11 in the prior year[67]. - Net cash flow from investment activities was negative at CNY -276,214,051.95, contrasting with a positive CNY 91,817,799.21 in the previous year[67]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 21,194, with the largest shareholder, Shanghai Film (Group) Co., Ltd., holding 69.22%[8]. - Shareholders' equity increased to RMB 1,712,858,204.80 in Q1 2023 from RMB 1,675,194,448.97 in Q1 2022, reflecting a growth of 2.2%[28]. - The total equity attributable to shareholders of the listed company increased by 2.28% to CNY 1,610,570,646.95 from CNY 1,574,594,946.55 at the end of the previous year[5]. Expenses and Liabilities - Total operating costs decreased to RMB 148,831,393.81 in Q1 2023 from RMB 166,518,373.59 in Q1 2022, representing a reduction of 10.6%[29]. - The company's total liabilities decreased to RMB 1,179,359,348.00 in Q1 2023 from RMB 1,230,768,776.40 in Q1 2022, a decline of 4.2%[28]. - Research and development expenses were RMB 10,871,437.42 in Q1 2023, down from RMB 12,719,396.49 in Q1 2022, indicating a reduction of 14.5%[29]. - The company reported a financial expense of RMB 1,399,432.13 in Q1 2023, significantly lower than RMB 9,596,417.27 in Q1 2022, marking a decrease of 85.4%[29]. Future Plans - The company plans to continue expanding its market presence and developing new products and technologies to enhance profitability[21]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[32]. Non-Recurring Gains and Losses - The company has not classified any non-recurring gains and losses as regular gains and losses[6]. - Non-recurring gains included a profit from the disposal of non-current assets amounting to RMB 9,868,571.36[40]. - Government subsidies recognized in the current period totaled RMB 2,548,846.98, closely related to the company's normal business operations[40].