Announcement time of this financial report: 2023-10-27 19:37:28
Hunan Television and Radio Media Co., Ltd. (stock code 000917, stock code: 000917) is the first listed company in the cultural media industry in the country. Its main business covers cultural tourism, investment, advertising, games, etc. The company has formed a replicable model in cultural tourism business and investment business, and has extensive cooperation in advertising business, new media advertising, and high-speed rail media.
In terms of assets and liabilities, the total assets of television and radio media in the third quarter of 2023 were 16.83 billion yuan, down from 17.661 billion yuan at the end of the previous year. Total liabilities were $5,566 billion, a decrease from $6.321 billion at the end of the previous year. The company's net assets were 11.244 billion yuan, slightly lower than 11.34 billion yuan at the end of the previous year. The balance ratio was 33.07%, down from 35.79% at the end of the previous year.
In terms of profit, the company's operating income for the third quarter of 2023 was 2,925 billion yuan, a slight increase compared to 2,844 billion yuan in the same period last year. Operating profit was $309 million, up from $282 million in the same period last year. However, operating costs were $2.102 billion, up from $1,958 million in the same period last year. Net profit was $196 million, a slight decrease from $202 million in the same period last year.
In terms of cash flow, the net cash flow from the company's operating activities in the third quarter of 2023 was 159 million yuan, a significant increase from -62.1552 million yuan in the same period last year. The total cash inflow from operating activities was $3,384 billion, down from $4,324 billion in the same period last year. The total cash outflow from operating activities was $3,225 million, down from $4,386 billion in the same period last year.
In summary, in the third quarter of 2023, television, radio, and media all declined in terms of total assets and liabilities. Operating income increased slightly, and operating profit increased, but operating costs also increased, and net profit declined slightly. In terms of cash flow, the net cash flow from the company's operating activities increased significantly.
For investors, the decline in the total assets and liabilities of the television and radio media may mean that the company has improved its asset and liability management. A slight increase in operating income and an increase in operating profit may reflect an improvement in the company's operating conditions. However, the increase in operating costs and the decline in net profit may require investors to focus on the company's cost control and profitability. In terms of cash flow, the sharp increase in net cash flow from the company's operating activities may reflect an improvement in the company's cash flow situation. Overall, investors may need to consider all of the above factors in a comprehensive manner when considering investing in television and broadcasting media.
This article only represents the judgments made by analysts themselves or analysts based on AI analysis. It cannot be used as an investment indicator, nor does it constitute any investment advice. The original purpose of this article was to help investors analyze and judge capital market data in the most intuitive and fastest way and from the most professional perspective.