Table 3 shows that the average net assets at this stage increased, while the net profit decreased. The fundamental reason is the decrease in net profit and the operating profit decreased by 893.32% compared to the previous year. The company's investment in PPTV and the Maru Yue supermarket in 2014 was at a loss, with an investment loss of 235.232 million yuan and a loss of business investment of 29.847 million yuan that year. PPTV is in a rapid development phase, and the improvement of technological research and development and the selection of talents require constant investment. Therefore, in 2015, net profit lost 1.161 billion yuan, a loss of 8.05% over the previous year. In December 2015,
Table 3 shows that the average net assets at this stage increased, while the net profit decreased. The fundamental reason is the decrease in net profit and the operating profit decreased by 893.32% compared to the previous year. The company's investment in PPTV and the Maru Yue supermarket in 2014 was at a loss, with an investment loss of 235.232 million yuan and a loss of business investment of 29.847 million yuan that year. PPTV is in a rapid development phase, and the improvement of technological research and development and the selection of talents require constant investment. Therefore, in 2015, net profit lost 1.161 billion yuan, a loss of 8.05% over the previous year. In December 2015,
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