FJDB(SH:600693)2021-04-28 16:00Financial Performance - Net profit attributable to shareholders rose by 60.69% to CNY 30.15 million year-on-year[5] - Operating revenue grew by 28.73% to CNY 511.82 million compared to the same period last year[5] - Basic earnings per share increased by 60.65% to CNY 0.0347 per share[5] - The company's operating revenue for the reporting period reached 51,182.38 million RMB, a 28.73% increase compared to 39,758.60 million RMB in the same period last year, driven by significant growth in the retail business[16] - The company's operating profit for Q1 2021 was ¥70,368,172.19, compared to ¥20,333,478.44 in Q1 2020, marking an increase of 245.5%[29] - The total profit for Q1 2021 was ¥69,462,857.68, significantly higher than ¥20,755,554.81 in Q1 2020, reflecting an increase of 234.5%[29] - Net profit for Q1 2021 reached ¥46,249,493.40, compared to ¥14,345,495.79 in Q1 2020, representing a significant increase of 223.5%[30] - The company's total comprehensive income for Q1 2021 was ¥46,249,493.40, compared to ¥14,345,495.79 in Q1 2020, indicating a growth of 223.5%[30] Asset and Liability Changes - Total assets increased by 15.12% to CNY 13.77 billion compared to the end of the previous year[5] - The total assets at the end of the reporting period amounted to 4,254,206,715.29 RMB, compared to 4,019,934,267.61 RMB at the end of the previous year, reflecting an increase in asset base[23] - The company's total liabilities increased to 493,961.58 million RMB, up 8.31% from 456,044.32 million RMB, primarily due to increased funding needs for logistics projects[23] - Total liabilities reached ¥9.82 billion, up from ¥7.77 billion, indicating a growth of around 26.4%[25] - Total current liabilities rose from CNY 3,612,250,599.23 to CNY 3,703,681,156.99, an increase of CNY 91,430,557.76[42] - Total non-current liabilities increased from CNY 4,162,723,797.22 to CNY 5,860,987,878.32, reflecting an increase of CNY 1,698,264,081.10[42] Cash Flow and Investment Activities - The net cash flow from operating activities improved significantly, reaching CNY 47.54 million, a turnaround from a negative CNY 138.52 million in the previous year[5] - The company's operating cash flow for Q1 2021 was ¥47,542,159.29, a significant improvement from a negative cash flow of ¥138,515,709.74 in Q1 2020, representing a turnaround of approximately 134.3%[34] - The company's cash outflow from investment activities decreased by 64.34% to -19,999.32 million RMB, reflecting reduced capital expenditures compared to the previous year[17] - The net cash flow from investing activities was negative at ¥199,993,194.03, an improvement from a negative cash flow of ¥560,874,420.29 in Q1 2020[35] Shareholder Information - The total number of shareholders reached 16,308 by the end of the reporting period[11] - The largest shareholder, Fujian Fengqi Investment Co., Ltd., holds 45.62% of the shares, with 409,746,718 shares pledged[11] - The company's major shareholder, Ms. Shi Xia, increased her stake by acquiring 21,410,758 shares, raising the total ownership of the controlling shareholder group to 55.00%[19] Changes in Equity and Retained Earnings - Shareholders' equity decreased to ¥3.95 billion from ¥4.19 billion, a decline of about 5.7%[25] - The company's retained earnings decreased by CNY 55.77 million, from CNY 845.42 million to CNY 789.64 million[48] - The company's total equity decreased by CNY 61.97 million, from CNY 1.96 billion to CNY 1.90 billion[48] Operational Costs and Management Expenses - The company’s management expenses rose to 4,995.07 million RMB, a 43.69% increase from 3,476.23 million RMB, mainly due to higher wages and operational costs[16] - Total operating costs for Q1 2021 were ¥442,431,592.68, up from ¥397,461,623.50 in Q1 2020, reflecting a growth of 11.3%[29] Future Plans and Market Expansion - The company plans to expand its market presence through new retail projects and logistics initiatives, which are expected to enhance revenue streams in the coming periods[18]