茂业商业(600828) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter reached CNY 1,210,377,248.07, a significant increase of 58.89% year-on-year[12] - Net profit attributable to shareholders was CNY 211,976,659.52, representing a year-on-year growth of 178.46%[12] - Basic earnings per share rose to CNY 0.1224, up 178.18% from CNY 0.0440 in the previous year[12] - The weighted average return on equity increased to 3.18%, up 2.06 percentage points from 1.12% year-on-year[12] - Total operating revenue for Q1 2021 was CNY 1,210,377,248.07, a 58.9% increase from CNY 761,763,026.12 in Q1 2020[50] - Net profit for Q1 2021 reached CNY 220,360,456.54, compared to CNY 73,513,205.46 in Q1 2020, marking a 200.5% increase[50] - The company reported a total comprehensive income of CNY 220,717,298.94 for Q1 2021, significantly higher than CNY 8,302,813.84 in Q1 2020[52] Cash Flow - Net cash flow from operating activities improved to CNY 228,326,728.46, a turnaround from a negative cash flow of CNY -639,636,444.18 in the same period last year, marking a 135.70% increase[12] - Cash flow from operating activities showed a net inflow of 228,326,728.46 RMB, a turnaround from a net outflow of 639,636,444.18 RMB last year[61] - The cash outflows from operating activities amounted to CNY 762,967,503.39, down from CNY 1,771,503,931.80 in the same period last year, reflecting a reduction of about 56.9%[64] - The net cash flow from operating activities was negative at CNY -118,249,940.60, slightly improved from CNY -123,836,185.29 in Q1 2020[64] Assets and Liabilities - Total assets increased by 10.95% to CNY 21,353,405,293.45 compared to the end of the previous year[12] - Total liabilities reached ¥14,022,841,913.34, up from ¥12,136,697,486.87, marking an increase of around 15.5%[40] - Current liabilities rose to ¥6,297,691,210.50 from ¥6,178,851,747.16, indicating an increase of approximately 1.96%[38] - Non-current liabilities totaled ¥7,725,150,702.84, compared to ¥5,957,845,739.71, reflecting an increase of approximately 29.6%[38] - Total equity reached CNY 3,496,270,821.39, compared to CNY 3,459,961,175.96 in the previous year[50] Shareholder Information - The total number of shareholders at the end of the reporting period was 23,995[19] - The largest shareholder, Shenzhen Maoye Commercial Co., Ltd., held 80.90% of the shares, amounting to 1,401,135,188 shares[19] Government Support - The company received government subsidies totaling CNY 4,445,108.05, primarily for employment stabilization and industry transformation projects[15] Financial Management - Financial expenses rose by 59.63% to ¥110,100,406.39 due to the implementation of new leasing standards[26] - The company reported a significant increase in tax expenses, up 91.18% to ¥60,862,268.16, correlating with increased pre-tax profits[26] - The company’s financial expenses decreased to 4,877,067.22 RMB from 21,455,928.47 RMB, indicating improved cost management[56] Investment Activities - The company’s investment activities resulted in a cash outflow of ¥73,016,133.74, a decrease of 141.17% compared to the previous year[28] - The company plans to apply for a credit line of ¥160 million from Industrial Bank Co., Ltd. Chengdu Branch to support daily operational needs[30] Market Strategy - The company plans to continue expanding its market presence and investing in new product development to drive future growth[56]