HRTN(000665)2024-04-29 11:41Financial Performance - The company's operating revenue for Q1 2024 was ¥451,143,419.42, a decrease of 8.09% compared to ¥490,871,628.44 in the same period last year[5] - The net loss attributable to shareholders was ¥100,574,100.54, representing a 4.58% increase in loss from ¥96,169,221.61 year-over-year[5] - The basic earnings per share were -¥0.09, a decrease of 12.50% from -¥0.08 in the same period last year[5] - Net loss for Q1 2024 was CNY 100,695,948.96, compared to a net loss of CNY 96,693,860.89 in Q1 2023, reflecting a decline in profitability[20] Cash Flow - The net cash flow from operating activities was -¥148,496,630.23, a significant decline of 151.78% compared to -¥58,978,357.13 in the previous year[9] - Total cash inflow from operating activities was 516,289,103.49 CNY, down 16.6% from 619,276,062.05 CNY in the previous year[21] - Cash outflow from operating activities totaled 664,785,733.72 CNY, slightly decreased from 678,254,419.18 CNY in Q1 2023[21] - The net cash flow from investment activities was -52,833,250.50 CNY, an improvement from -253,411,820.24 CNY in Q1 2023[21] - Cash inflow from financing activities increased to 569,030,552.00 CNY, compared to 406,667,650.00 CNY in Q1 2023, marking a 40% increase[22] - The net cash flow from financing activities was 45,532,646.05 CNY, up from 41,397,843.50 CNY in the previous year[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥10,818,349,366.20, down 1.69% from ¥11,004,157,517.13 at the end of the previous year[5] - Total liabilities amounted to CNY 5,648,093,993.89, slightly down from CNY 5,733,628,162.58 in the previous quarter[18] - The company's total equity attributable to shareholders was ¥5,168,846,487.78, down 1.90% from ¥5,268,998,621.60 at the end of the previous year[5] Shareholder Information - The total number of common shareholders at the end of the reporting period is 86,534[11] - The top 10 shareholders hold a significant portion of shares, with Wuhan Broadcasting Television holding 10.33% (117,217,386 shares) and Hubei Chutian Digital Television holding 9.55% (108,306,573 shares)[12] Investment and Financing Activities - The company reported a significant increase in cash received from investment recoveries, totaling ¥125,707,638.44, up 314,169.10% from ¥40,000.00 in the previous year[9] - The company has engaged in securities lending, with 1,573,800 shares lent to China Securities Finance Co., Ltd.[13] - The company has a total of 1,000,000.00 in receivables financing, indicating ongoing financial activities[16] Other Financial Metrics - The company's weighted average return on equity was -1.93%, a decline of 0.29% from -1.64% in the previous year[5] - The company recorded a total of ¥2,619,653.78 in non-recurring gains and losses during the reporting period[6] - Research and development expenses for Q1 2024 were CNY 15,912,736.94, a decrease of 13.8% from CNY 18,452,287.25 in the same period last year[19] - The company reported a credit impairment loss of CNY 1,974,603.97, compared to a gain of CNY -375,865.09 in the previous year[19] Cash and Cash Equivalents - The cash and cash equivalents decreased by ¥155,797,234.68, an improvement of 42.51% compared to a decrease of ¥270,992,333.87 in the previous year[9] - The company's cash and cash equivalents decreased from 327,042,809.04 to 170,046,574.07, a decline of approximately 48%[16] - The ending balance of cash and cash equivalents was 159,061,270.73 CNY, down from 309,118,054.64 CNY in Q1 2023[22] Current and Non-Current Assets - Accounts receivable increased from 1,101,924,780.63 to 1,163,024,339.22, reflecting a growth of about 5.5%[16] - The total current assets decreased from 2,270,578,866.79 to 2,251,599,946.61, a reduction of approximately 0.83%[16] - Long-term equity investments decreased from 439,560,767.19 to 370,462,717.99, a decline of about 15.7%[16] - The total non-current assets stood at CNY 8,566,749,419.59, down from CNY 8,733,578,650.34 in the previous quarter[18] Audit Status - The company has not undergone an audit for the Q1 2024 report[23]