巨人网络(002558) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥566,854,107.89, a decrease of 18.14% compared to ¥692,490,363.40 in the same period last year[3] - Net profit attributable to shareholders was ¥320,379,441.62, reflecting a slight increase of 1.20% from ¥316,592,258.60 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥281,811,493.93, down 5.69% from ¥298,824,470.64 in the previous year[3] - The company's net profit for Q1 2021 was approximately ¥319.52 million, a slight decrease from ¥321.54 million in the previous year, representing a decline of 0.6%[29] - The total comprehensive income attributable to the parent company was approximately ¥319.74 million, compared to ¥316.64 million in the previous year, showing a marginal increase of 1.3%[30] - The company reported an operating profit of approximately ¥112.17 million, a turnaround from a loss of ¥3.67 million in the previous year[32] - The total profit for the current period was approximately ¥112.17 million, compared to a loss of ¥3.67 million in the previous year, indicating a strong recovery[32] Cash Flow - The net cash flow from operating activities decreased by 54.11% to ¥97,935,640.77 from ¥213,435,264.05 in the same period last year[3] - Cash flow from operating activities was approximately ¥623.85 million, compared to ¥616.84 million in the previous year, reflecting a slight increase of 1.8%[34] - Total cash inflow from operating activities was ¥647,881,499.99, while cash outflow was ¥549,945,859.22, resulting in a net cash inflow of ¥97,935,640.77[35] - The net cash flow from investing activities was -¥273,314,762.68, an improvement from -¥370,444,803.24 in the previous year[36] - The net cash flow from financing activities was -¥169,760,331.79, compared to -¥213,680,922.05 in Q1 2020[36] Assets and Liabilities - The total assets at the end of the reporting period were ¥10,921,303,856.90, an increase of 0.80% from ¥10,834,794,955.12 at the end of the previous year[3] - The total liabilities decreased to CNY 1,246,381,129.02 from CNY 1,310,586,410.46[23] - The total equity increased to CNY 9,674,922,727.88, reflecting a stable financial position[23] - The total assets as of March 31, 2021, amounted to CNY 20.94 billion, a slight increase from CNY 20.88 billion at the end of 2020[26] - The total liabilities as of March 31, 2021, were CNY 3.06 billion, up from CNY 2.94 billion at the end of 2020[27] Shareholder Information - The top ten shareholders held a total of 27.87% of the shares, with Shanghai Giant Investment Management Co., Ltd. being the largest shareholder[6] - No repurchase transactions were conducted by the top ten shareholders during the reporting period[9] - The company repurchased a total of 11,004,256 shares during the reporting period, accounting for 0.54% of the total share capital, with a total transaction amount of CNY 169,733,121.99[12] Investment and Expenses - The company's investment income rose by 180.62% to CNY 125,944,094.66, primarily due to increased investment income from joint ventures[10] - The company's long-term employee compensation liabilities increased by 59.40% to CNY 21,403,349.33, mainly due to an increase in deferred bonuses[10] - The company reported a significant increase in cash paid to employees, totaling ¥294,460,315.61, up from ¥254,069,804.78 in the previous year[35] - Research and development expenses rose to CNY 195.84 million, up from CNY 187.58 million in the previous year, indicating a focus on innovation[28] - Operating costs for Q1 2021 were CNY 403.40 million, slightly increased from CNY 412.56 million in Q1 2020[28] Government Subsidies and Financial Management - The company received government subsidies amounting to ¥6,590,000.00 during the reporting period[4] - The company has entrusted financial management with a total amount of CNY 40,000,000, all from self-owned funds[17] - The annualized return rates for the entrusted financial products were 7.50% and 6.80% respectively, with total returns of CNY 8,746.44[18] Changes in Financial Position - The weighted average return on net assets was 3.29%, down 0.60% from 3.89% in the same period last year[3] - The company's cash and cash equivalents were CNY 2,741,824,035.27, down from CNY 3,081,159,196.15[21] - Cash and cash equivalents decreased to CNY 1.09 billion from CNY 1.40 billion at the end of 2020, indicating a liquidity contraction[25] - The accounts receivable increased slightly to CNY 212,866,802.15 from CNY 207,561,125.15[21] Other Notable Information - The company reported no non-operating fund occupation by controlling shareholders during the reporting period[19] - There were no significant changes in the company's major contracts or financial guarantees during the reporting period[19] - The company did not adjust the beginning balance of retained earnings for the new leasing standards implemented in 2021[39]