中远海特(600428) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 1,586,331,253.30, representing a decrease of 20.11% year-on-year[17] - Net profit attributable to shareholders was CNY 21,889,516.45, a significant increase of 377.63% compared to the same period last year[17] - The company reported a net profit excluding non-recurring gains and losses of CNY 19,425,764.35, an increase of 328.02% year-on-year[17] - The company reported a net profit of approximately ¥1.03 billion for the first quarter of 2021, compared to ¥1.07 billion for the same period in 2020, indicating a decline of about 3.06%[45] - Total operating revenue for Q1 2021 was RMB 1,586,331,253.30, a decrease of 20.06% compared to RMB 1,985,681,916.60 in Q1 2020[49] - Net profit for Q1 2021 reached RMB 24,950,962.96, significantly up from RMB 4,369,461.97 in Q1 2020, representing a growth of 471.73%[49] - The net profit attributable to shareholders of the parent company was RMB 21,889,516.45, compared to RMB 4,582,955.87 in the same period last year, an increase of 377.56%[52] Cash Flow - The net cash flow from operating activities was negative at CNY -10,105,583.64, a decline of 122.80% compared to the previous year[17] - Cash inflow from operating activities in Q1 2021 was 1,433,128,189.84, down 30.2% from 2,055,919,609.72 in Q1 2020[62] - Cash outflow from operating activities in Q1 2021 was 1,443,233,773.48, a decrease of 28.2% compared to 2,011,587,927.38 in Q1 2020[62] - Net cash flow from operating activities for Q1 2021 was -10,105,583.64, contrasting with 44,331,682.34 in Q1 2020[62] - Cash outflow from investing activities in Q1 2021 was 206,944,557.61, significantly higher than 44,364,023.46 in Q1 2020[64] - Cash inflow from financing activities in Q1 2021 was 154,317,019.12, a decrease of 92.9% from 2,165,715,195.58 in Q1 2020[64] - The net increase in cash and cash equivalents for Q1 2021 was -802,919,318.07, compared to -184,036,911.11 in Q1 2020[64] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 21,876,242,607.20, an increase of 1.39% compared to the end of the previous year[17] - Cash and cash equivalents decreased by 53.03% to ¥710,965,683.26 from ¥1,513,788,601.54 due to repayment of bank loans and shipbuilding payments[23] - Accounts receivable increased by 48.51% to ¥462,661,929.25 from ¥311,543,828.45, attributed to an increase in freight receivables for completed voyages[23] - Contract liabilities increased by 43.35% to ¥235,535,247.90 from ¥164,309,498.80, due to an increase in uncompleted voyage freight received in advance[23] - Total liabilities reached approximately ¥5.95 billion, with a slight increase of $595,385.69 from the previous period[84] - Total liabilities grew from 12,013,200,612.24 to 12,415,632,697.67, an increase of 402,432,085.43[78] Shareholder Information - The total number of shareholders at the end of the reporting period was 98,914, with the largest shareholder holding 50.46% of the shares[21] - Shareholders' equity totaled approximately ¥8.71 billion as of March 31, 2021, down from ¥8.74 billion at the end of 2020, reflecting a decrease of about 0.38%[45] Investments and Subsidiaries - The company established a subsidiary in Southeast Asia with an initial investment of $700,000 to enhance its global operations strategy[26] - The company recognized a new lease liability of 833,864,968.10 under the new accounting standards[78] Accounting Standards - The company began implementing new leasing standards, resulting in the recognition of right-of-use assets amounting to ¥1,354,513,813.51[23] - The implementation of the new leasing standards began on January 1, 2021, affecting the accounting treatment of lease liabilities and right-of-use assets[87]