金陵饭店(601007) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter reached CNY 323,514,307.84, representing a 23.93% increase year-on-year[6] - The net profit attributable to shareholders was a loss of CNY 13,594,805.31, an improvement from a loss of CNY 18,909,819.88 in the previous year[6] - Operating profit for Q1 2021 was CNY 4,799,353.58, a significant improvement from a loss of CNY 11,682,363.54 in Q1 2020[29] - The company reported a net profit margin improvement, with a net profit of CNY 4,799,353.58 in Q1 2021 compared to a net loss in the same period last year[29] - The net profit for Q1 2021 was a loss of ¥11,869,674.61, improving from a loss of ¥19,081,710.86 in Q1 2020, representing a 37.5% reduction in losses[32] - The total profit (loss) for Q1 2021 was a loss of ¥11,384,765.16, an improvement from a loss of ¥19,528,425.45 in Q1 2020, showing a 41.7% reduction in losses[31] Cash Flow - Net cash flow from operating activities improved by 43.93% to CNY 85,379,002.88 compared to the same period last year[6] - Net cash flow from operating activities improved by 43.93% to ¥85,379,002.88, driven by higher operating income[18] - The cash inflow from operating activities in Q1 2021 was ¥399,078,007.37, up from ¥312,316,976.93 in Q1 2020, reflecting a 27.7% increase[33] - The total cash inflow from operating activities was ¥60,938,122.89, a 43% increase from ¥42,603,490.83 in Q1 2020[35] - The net cash flow from investment activities was -¥59,568,028.61, an improvement from -¥246,047,918.31 in Q1 2020, showing a 75.8% reduction in cash outflow[34] - The cash flow from financing activities resulted in a net outflow of -¥2,173,570.93, significantly less than -¥23,928,649.98 in the same period last year, indicating an 90.9% improvement[34] Assets and Liabilities - Total assets increased by 6.73% to CNY 3,409,272,193.65 compared to the end of the previous year[6] - Total assets as of March 31, 2021, amounted to CNY 1,543,173,058.77, slightly down from CNY 1,555,024,202.01 at the end of 2020[26] - Current liabilities rose to ¥755,718,560.90, up from ¥738,662,304.60, reflecting changes in operational financing[24] - The company reported an increase in contract liabilities, with a rise from ¥93,398,956.01 to ¥114,983,122.85[24] - The company reported a total liability of CNY 909,989,211.96, reflecting an increase of CNY 216,294,499.38 compared to previous figures[39] - Total liabilities reached $149,779,728.09, with deferred tax liabilities at $1,240,476.03[44] Shareholder Information - The number of shareholders reached 16,496 at the end of the reporting period[10] - Shareholders' equity totaled CNY 1,393,374,799.31 as of March 31, 2021, down from CNY 1,405,244,473.92 at the end of 2020[28] - The company’s total equity attributable to shareholders was CNY 1,531,407,698.84, indicating a stable capital structure[39] - Shareholders' equity stood at $1,405,244,473.92, comprising paid-in capital of $300,000,000.00 and retained earnings of $582,127,370.22[45] Expenses - Operating costs increased by 41.82% to ¥233,001,360.89 compared to the previous year[15] - Sales expenses decreased by 56.78% to ¥24,126,942.15, reflecting a change in accounting standards[15] - Financial expenses rose by 89.28% to ¥5,067,920.43 due to increased financing costs under new leasing standards[15] - Income tax expenses surged by 111.82% to ¥9,190,574.91, attributed to increased profits from subsidiaries[15] - The company's research and development expenses for Q1 2021 were ¥213,132.33, indicating ongoing investment in innovation[31] Investment Activities - Long-term equity investments increased to CNY 24,000,000.00, indicating new investment activities[13] - The cash outflow for investment activities was ¥29,765,071.17, down from ¥318,144,143.37 in Q1 2020, marking a 90.6% decrease[36] - The company experienced a significant increase in sales revenue from services, with cash received from sales amounting to ¥383,582,078.62 in Q1 2021, compared to ¥289,913,149.28 in Q1 2020[33]