ZDDC(SH:600633)2021-04-27 16:00Financial Performance - Operating income for the period was CNY 758,904,000.52, representing a decrease of 26.76% year-on-year[9] - Net profit attributable to shareholders of the listed company was CNY 164,347,398.14, down 14.29% from the previous year[9] - Basic earnings per share decreased by 13.33% to CNY 0.13[9] - The company reported a significant decline in investment income, down 158.97% to RMB -14,144,415.53, due to losses from joint ventures[21] - Total operating revenue for Q1 2021 was ¥758.90 million, down 26.7% from ¥1,036.24 million in Q1 2020[43] - Net profit for Q1 2021 was ¥188.04 million, down 22.1% from ¥241.42 million in Q1 2020[44] - The total comprehensive income for Q1 2021 was ¥188.06 million, down from ¥241.45 million in Q1 2020[44] Cash Flow - The net cash flow from operating activities was CNY 93,111,751.68, a decline of 45.13% compared to the same period last year[9] - The company’s cash flow from investing activities decreased by 93.45% to RMB 17,844,378.62, primarily due to reduced redemptions of cash management products[21] - The company’s cash flow from financing activities showed a significant decline of 169.67% to RMB -194,617,985.39, mainly due to loan repayments[21] - The cash flow from operating activities for Q1 2021 was CNY 93,111,751.68, down from CNY 169,704,431.94 in Q1 2020[54] - The net cash flow from investing activities was CNY 17,844,378.62 in Q1 2021, a decrease from CNY 272,266,778.72 in Q1 2020[54] - The net cash flow from financing activities was a loss of CNY 194,617,985.39 in Q1 2021, compared to a gain of CNY 279,330,045.14 in Q1 2020[54] Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,105,622,760.26, a decrease of 0.73% compared to the end of the previous year[9] - Total current assets decreased to RMB 2,287,251,933.63 from RMB 2,569,492,275.54, reflecting a decline in cash and cash equivalents[27] - Total liabilities decreased from ¥1,902,521,081.17 to ¥1,799,942,252.98, a decline of approximately 5.4%[32] - Current liabilities decreased from ¥1,713,860,429.02 to ¥1,438,226,422.06, a reduction of approximately 16.06%[31] - Total liabilities amounted to ¥1,902,521,081.17, a decrease of ¥37,943,891.60 from the previous period[64] Shareholder Information - Net assets attributable to shareholders of the listed company increased by 1.39% to CNY 8,534,892,964.59[9] - The total number of shareholders at the end of the reporting period was 52,841[15] - The largest shareholder, Zhejiang Media Holdings Group, held 47.20% of the shares[15] Investment and Equity - Long-term equity investments increased by 9.96% to RMB 1,631,802,165.24 compared to the previous year[27] - Owner's equity increased from ¥9,284,708,915.08 to ¥9,305,680,507.28, an increase of about 0.15%[32] - The company reported a net profit increase in retained earnings from ¥4,065,185,416.63 to ¥4,229,532,814.77, an increase of about 4.04%[32] Inventory and Costs - Inventory decreased by 45.28% to RMB 7,552,810.20 due to cost transfer by subsidiaries[18] - Operating costs fell by 35.94% to RMB 180,175,203.62, attributed to performance fluctuations in subsidiaries[21] - Research and development expenses for Q1 2021 were ¥105.66 million, a decrease of 11.5% from ¥119.40 million in Q1 2020[43]