山东出版(601019) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 1,845,146,982.30, representing a year-on-year growth of 19.83%[11] - Net profit attributable to shareholders was CNY 167,694,983.08, up 21.24% from the same period last year[11] - Basic earnings per share rose to CNY 0.08, a 14.29% increase year-on-year[11] - Total operating revenue for Q1 2021 was CNY 1,845,146,982.30, an increase of 19.8% compared to CNY 1,539,771,933.00 in Q1 2020[33] - Net profit for Q1 2021 reached CNY 167,093,808.46, representing a 23.7% increase from CNY 136,152,325.64 in Q1 2020[35] - Operating profit for Q1 2021 was CNY 167,786,885.97, an increase of 22.9% from CNY 136,463,222.06 in Q1 2020[35] - Other income for Q1 2021 was CNY 15,127,891.05, up from CNY 10,780,740.48 in Q1 2020[33] - Investment income for Q1 2021 was CNY 1,025,846.48, compared to CNY 622,331.36 in Q1 2020, indicating a significant increase[33] - Total comprehensive income for Q1 2021 was CNY 167,093,808.46, compared to CNY 85,949,325.64 in Q1 2020[36] Cash Flow - The net cash flow from operating activities was CNY -551,931,359.97, showing an improvement of 13.51% compared to the previous year[11] - Cash inflow from operating activities for Q1 2021 was CNY 1,709,266,086.48, a significant increase from CNY 950,721,169.37 in Q1 2020, representing an increase of approximately 79.5%[44] - The net cash flow from operating activities for Q1 2021 was -CNY 551,931,359.97, an improvement compared to -CNY 638,174,758.72 in Q1 2020[44] - Cash outflow for purchasing goods and services in Q1 2021 was CNY 1,517,265,640.86, compared to CNY 972,437,468.88 in Q1 2020, indicating a rise of about 55.9%[44] - The net cash flow from investing activities for Q1 2021 was -CNY 307,886,727.30, worsening from -CNY 3,717,587.00 in Q1 2020[44] - The net cash flow from financing activities for Q1 2021 was CNY 4,777,055.15, compared to CNY 2,195,450.96 in Q1 2020, showing an increase of approximately 117.5%[46] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 18,069,778,726.35, an increase of 2.54% compared to the end of the previous year[11] - The total assets increased from CNY 17,621,980,017.88 to CNY 18,069,778,726.35, reflecting a growth in overall asset base[25] - Total liabilities increased to ¥6,396,077,525.96 from ¥6,115,372,625.95, representing a growth of approximately 4.6%[27] - The total equity attributable to shareholders rose to ¥11,681,369,273.08 from ¥11,513,674,290.00, an increase of about 1.5%[27] - Current assets totaled ¥4,643,457,858.81, slightly up from ¥4,607,863,604.58, indicating a growth of approximately 0.8%[29] - The company's total current liabilities increased from CNY 4,911,950,411.26 to CNY 5,001,069,770.12, indicating a rise in short-term obligations[25] - Non-current liabilities totaled ¥1,395,007,755.84, up from ¥1,203,422,214.69, indicating an increase of about 15.9%[27] Shareholder Information - The total number of shareholders at the end of the reporting period was 49,527[15] - The largest shareholder, Shandong Publishing Group Co., Ltd., holds 76.81% of the shares[15] Government Subsidies - The company received government subsidies amounting to CNY 10,513,352.89, which are closely related to its normal business operations[13] Changes in Financial Position - The company's cash and cash equivalents decreased from CNY 6,699,374,968.76 to CNY 5,839,008,307.03, indicating a reduction in liquidity[23] - The company's financial expenses decreased by 46.84% from CNY -2,960,628.27 to CNY -4,347,470.19, mainly due to reduced exchange losses and actuarial expenses[20] - The company's employee compensation payable decreased by 31.57% from CNY 313,649,816.77 to CNY 214,642,938.82, primarily due to the distribution of last year's accrued wages and bonuses[18] Inventory and Receivables - Accounts receivable financing increased by 158.07% from CNY 30,254,307.48 at the beginning of the year to CNY 78,078,735.94 due to an increase in bank acceptance bills received from customers[18] - Prepayments rose by 40.66% from CNY 197,520,155.87 to CNY 277,839,299.85, primarily due to increased prepayments for paper purchases[18] - Accounts receivable surged to ¥649,608,081.92 from ¥360,327,655.19, reflecting an increase of about 80.3%[29] Future Outlook - The company has not disclosed any new product developments or market expansion strategies in this report[11] - The company has not reported any new product developments or technological advancements during this period[58] - There were no significant market expansion or acquisition strategies mentioned in the conference call[58] - The company did not provide specific future guidance or performance outlook in the call[58]