长江传媒(600757) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter reached CNY 1,394,128,418.66, a significant increase of 56.57% year-on-year[12] - Net profit attributable to shareholders was CNY 260,225,479.33, representing a 112.96% increase compared to the same period last year[12] - The company reported a net profit excluding non-recurring gains and losses of CNY 253,182,843.10, an increase of 98.13% year-on-year[12] - The company reported a significant decrease in credit impairment losses, down 63.29% to CNY -1,510 million, compared to CNY -4,112 million last year[21] - The company reported a total profit of CNY 58,109,682.95, slightly up from CNY 56,980,737.26 in the same quarter last year, indicating a growth of 2.0%[42] - The total comprehensive income attributable to the parent company was CNY 260,225,479.33, compared to CNY 122,192,652.07 in the same period last year, representing an increase of 113.4%[41] Earnings and Profitability - Basic earnings per share improved by 110.00% to CNY 0.21 from CNY 0.10 in the previous year[12] - Operating profit for Q1 2021 was ¥257,827,713.60, compared to ¥118,286,362.85 in Q1 2020, indicating an increase of about 118.4%[40] - Net profit for Q1 2021 was ¥257,325,701.66, up from ¥116,121,141.22 in Q1 2020, reflecting a growth of approximately 121.0%[40] - The company's retained earnings increased to ¥677,978,880.67 from ¥619,869,197.72, representing a growth of about 9.3%[37] Assets and Liabilities - Total assets increased by 4.58% to CNY 11,446,572,622.60 compared to the end of the previous year[12] - Total liabilities amounted to ¥3,258,970,192.43, up from ¥3,014,820,649.25, which is an increase of around 8.1%[29] - Current liabilities rose to ¥3,096,373,174.42 from ¥2,887,476,793.79, indicating an increase of approximately 7.3%[29] - Total current assets amounted to CNY 8,943,486,976.17, up from CNY 8,468,359,038.15 in the previous year[24] - The total assets of the company were CNY 10,945,092,263.00, reflecting a stable asset base[53] Cash Flow - The net cash flow from operating activities was negative at CNY -240,019,137.36, compared to CNY -215,971,600.61 in the same period last year[12] - The total cash inflow from investment activities was CNY 312,955,678.35, down from CNY 963,182,393.58 in the previous year[46] - The company's cash flow from operating activities was significantly impacted by increased cash payments for goods and services, totaling ¥103,090,454.42 in Q1 2021, compared to ¥23,286,208.12 in Q1 2020, highlighting rising operational costs[47] Shareholder Information - The total number of shareholders at the end of the reporting period was 35,015[16] - The largest shareholder, Hubei Changjiang Publishing Group Co., Ltd., held 56.46% of the shares[16] - The total equity attributable to shareholders reached CNY 7,882,663,063.03, contributing to total equity of CNY 7,930,271,613.75[53] Research and Development - The company's R&D expenses decreased by 54.07% to CNY 294 million, attributed to the exclusion of Dolphin Media Co., Ltd. from the consolidation scope[21] - Research and development expenses decreased to ¥2,943,567.47 from ¥6,408,115.45, indicating a reduction of about 54.2%[40] Future Outlook - The company did not disclose specific future outlook or new product developments in the provided content[12] - The company did not indicate any significant changes in net profit expectations for the year[23]