凤凰传媒(601928) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥2,472,476,619.50, a decrease of 3.71% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2023 was ¥214,489,769.68, down 7.25% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥191,465,669.20, an increase of 19.32% compared to the same period last year[3]. - Total operating revenue for the first three quarters of 2023 reached ¥9,651,105,205.52, slightly up from ¥9,629,191,208.41 in the same period of 2022, representing a growth of 0.23%[15]. - Net profit for the third quarter of 2023 was ¥1,805,116,127.22, compared to ¥1,780,770,853.01 in the same quarter of 2022, indicating an increase of about 1.36%[19]. - Earnings per share (EPS) for the third quarter of 2023 was ¥0.6971, up from ¥0.6823 in the previous year, reflecting a growth of 1.27%[20]. - The total comprehensive income for the third quarter of 2023 was ¥1,822,415,358.34, slightly up from ¥1,820,008,627.05 in the same quarter of 2022, reflecting a marginal increase of 0.13%[20]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥30,679,863,267.01, reflecting a 3.29% increase from the end of the previous year[4]. - As of September 30, 2023, the total assets of Jiangsu Phoenix Publishing and Media Co., Ltd. amounted to CNY 30,679,863,267.01, an increase from CNY 29,702,307,865.72 at the end of 2022[12][13]. - Total liabilities as of the end of the third quarter of 2023 amounted to ¥12,592,398,411.38, an increase from ¥12,149,456,390.21 in the previous year, representing a rise of approximately 3.65%[14]. - Total current liabilities increased to CNY 11,234,540,942.50 from CNY 10,705,862,575.37, marking a rise of about 4.9%[13]. - The company's total non-current assets reached CNY 17,991,938,119.44, up from CNY 10,866,989,911.64, reflecting a significant increase of approximately 65.5%[13]. Cash Flow - The cash flow from operating activities for the year-to-date period increased by 114.39% compared to the same period last year, totaling ¥2,624,354,515.27[3][7]. - The net cash flow from operating activities for the first three quarters of 2023 was ¥2,624,354,515.27, significantly higher than ¥1,224,082,122.02 in the previous year, indicating a year-over-year increase of over 114%[22]. - The cash inflow from operating activities reached ¥11,196,607,126.05, an increase from ¥9,939,142,542.72 in the same period of 2022, representing a growth of approximately 12.7%[21]. - The company reported a significant decrease in cash and cash equivalents by 47.82% due to increased purchases of large time deposits[6]. - The cash and cash equivalents at the end of the third quarter of 2023 stood at ¥3,333,433,703.34, a decrease from ¥1,931,359,928.38 at the end of the same period in 2022[22]. Investments and Expenses - Research and development expenses for the first three quarters of 2023 were ¥24,668,824.79, down from ¥30,347,115.54 in the same period of 2022, a decrease of approximately 18.73%[17]. - Financial expenses showed a significant increase, with a net expense of -¥323,457,742.63 in 2023 compared to -¥177,345,278.79 in 2022, indicating a rise of approximately 82.20%[17]. - The company reported a decrease in tax expenses, with income tax expenses of ¥9,607,946.28 in 2023 compared to ¥13,315,042.22 in 2022, a reduction of approximately 27.00%[19]. - The total cash outflow from investing activities in the first three quarters of 2023 was ¥12,366,011,116.11, compared to ¥14,739,221,622.84 in the same period of 2022, showing a decrease of approximately 16.1%[22]. - The net cash flow from investing activities for the first three quarters of 2023 was -¥4,236,953,068.42, worsening from -¥1,794,489,604.03 in the previous year[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,888, with the largest shareholder holding 62.8% of the shares[8]. - Total equity attributable to shareholders reached ¥17,781,449,607.54, compared to ¥17,262,765,546.95 in the previous year, marking an increase of about 3.00%[14]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[3]. - There were no significant updates on new product developments or market expansion strategies mentioned in the report[10]. Accounting Practices - The company did not apply new accounting standards for the current year, maintaining consistency in financial reporting practices[23].