HZSY(SH:600191)2021-04-28 16:00Financial Performance - Operating revenue for the current period was CNY 510,746.26, representing a decrease of 0.81% year-on-year[8] - Net profit attributable to shareholders was CNY -10,123,084.37, an improvement from CNY -19,649,224.34 in the same period last year[8] - Basic and diluted earnings per share were both CNY -0.0209, showing no improvement from the previous year[8] - Total revenue for Q1 2021 was 510,746.26 million RMB, a decrease of 0.4% compared to 514,939.72 million RMB in Q1 2020[27] - Net profit for Q1 2021 was -10,123,084.37 million RMB, an improvement from -19,649,224.34 million RMB in Q1 2020[28] - Comprehensive income for Q1 2021 was -218,764.23 million RMB, compared to -88,543,496.79 million RMB in Q1 2020[29] - Basic and diluted earnings per share for Q1 2021 were both -0.0209 RMB, compared to -0.0405 RMB in Q1 2020[29] - The company reported an investment loss of -2,134,921.91 million RMB in Q1 2021, compared to -12,844,113.18 million RMB in Q1 2020[30] - The company’s net loss for Q1 2021 was -8,985,875.25 RMB, consistent with the previous year's loss of -18,753,224.59 RMB[31] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,788,930,031.15, a 0.14% increase compared to the end of the previous year[8] - As of March 31, 2021, the total current assets amount to 79,276,549.95, down from 85,189,184.08 as of December 31, 2020, reflecting a decrease of approximately 6.7%[19] - The company's total non-current assets increased to 1,709,653,481.20 from 1,701,170,119.85, representing a growth of about 0.3%[20] - The total liabilities increased to 102,573,296.66 from 99,783,805.21, marking an increase of approximately 2.0%[21] - Total liabilities increased to 190,984,180.62 million RMB, compared to 188,484,689.17 million RMB in the previous year[25] - Owner's equity totaled 1,792,158,229.02 million RMB, a slight increase from 1,791,239,784.13 million RMB year-over-year[25] Cash Flow - Cash flow from operating activities was CNY -6,197,865.09, compared to CNY -5,078,830.75 in the previous year, indicating a decline[8] - The net cash flow from investing activities for the current period is 0, a 100% decrease compared to the previous period due to the company's failure to sell financial assets[16] - The net cash flow from financing activities is -7,150,000, indicating that the company did not repay any loans during the current period[16] - The net cash flow from operating activities for Q1 2021 was -6,197,865.09 RMB, worsening from -5,078,830.75 RMB in Q1 2020[34] - The company reported a net cash outflow from financing activities of -7,150,000.00 RMB in Q1 2021[38] - The cash flow from investment activities was positive at 21,742,874.11 RMB, indicating potential growth opportunities despite operational losses[35] Costs and Expenses - Total operating costs increased to 8,499,997.83 million RMB, up 16.1% from 7,322,963.50 million RMB in the same period last year[27] - Financial expenses were CNY -24,925.31, with no interest expenses incurred during the reporting period[15] - Other income decreased by 62.61% to CNY 1,089.11, primarily due to reduced rental income from subsidiaries[15] - The total comprehensive income for Q1 2021 was 918,444.89 RMB, compared to -87,647,497.04 RMB in Q1 2020, showing a substantial recovery[31] - The total operating cash outflow for Q1 2021 was 6,628,271.97 RMB, a decrease from 17,651,649.56 RMB in Q1 2020, reflecting improved cash management[34] Equity and Returns - The weighted average return on equity increased by 0.46 percentage points to -0.60%[8] - The company's total equity decreased to 1,686,356,734.49 from 1,686,575,498.72, indicating a slight decline of about 0.01%[21] - Cash and cash equivalents decreased to 21,222,824.97 from 27,420,690.06, a decline of approximately 22.6%[19] - Accounts receivable increased to 2,708,490.10 from 2,500,939.50, reflecting an increase of about 8.3%[19]