Financial Performance - For the three months ended March 31, 2022, the revenue was RMB 778,000, a decrease of 89.3% compared to RMB 7,230,000 in the same period of 2021[7] - The gross loss for the period was RMB 212,000, compared to a gross profit of RMB 6,962,000 in the first quarter of 2021[7] - The loss for the period attributable to owners of the Company was RMB 3,807,000, compared to a profit of RMB 3,212,000 in the same period last year[13] - Total comprehensive expense for the period was RMB 3,829,000, compared to a comprehensive income of RMB 3,290,000 in the first quarter of 2021[11] - Basic and diluted loss per share was RMB (1.13) cents, compared to earnings of RMB 1.25 cents per share in the same period of 2021[17] - The Company experienced a significant decline in operational performance, with a loss from operations of RMB 3,798,000 compared to a profit of RMB 3,706,000 in the previous year[7] - Total comprehensive income for the period was RMB 3,290,000, compared to RMB 3,322,000 for the same period in 2021, reflecting a decrease of approximately 1%[160] - The company reported a profit of RMB 3,181,000 for the period, a slight decrease from RMB 3,212,000 in the previous year[140] Income Sources - For the three months ended March 31, 2022, program production and related income was RMB 155,000, while artist management and related income was RMB 623,000, a decrease from RMB 2,800,000 in the same period of 2021[200] - Mobile application development and operation income was RMB 0 in Q1 2022, down from RMB 4,430,000 in Q1 2021[200] - The Company reported other income of RMB 76,000 and other gains of RMB 503,000 during the period[7] Expenses - Selling and distribution costs amounted to RMB 511,000, while administrative expenses were RMB 3,654,000[7] Foreign Operations - Exchange differences from translating foreign operations were RMB 21,000, down from RMB 109,000 in the same period of 2021[10] - The total comprehensive income attributable to non-controlling interests was a loss of RMB 41,000, compared to a loss of RMB 30,000 in the first quarter of 2021[16] Financial Reporting - The unaudited condensed consolidated financial results have been prepared in accordance with applicable Hong Kong Financial Reporting Standards[189] - The company has not adopted any new or revised HKFRSs that are relevant and issued but not yet effective, and is currently assessing their potential impact[197] - The financial results are presented in Renminbi (RMB), which is the functional currency of the company and its subsidiaries[190] - The audit committee of the Board has reviewed the unaudited condensed consolidated results[198] Company Activities - The company’s principal activities include investment holding and providing film and television program services, concert organization, mobile application development, and artist management[184] Balance Sheet - The total balance at March 31, 2021, was RMB 70,890,000, compared to RMB 70,814,000 at the beginning of the period[180]
中国创意控股(08368) - 2022 Q1 - 季度财报