TF Securities(SH:601162)2021-04-27 16:00Financial Performance - Operating income decreased by 19.36% to CNY 676.61 million year-on-year[6] - Net profit attributable to shareholders increased by 10.51% to CNY 88.96 million compared to the same period last year[6] - Basic earnings per share decreased by 50.00% to CNY 0.01 per share[6] - Total operating revenue for Q1 2021 was CNY 676,614,812.41, a decrease of 19.4% compared to CNY 839,058,279.74 in Q1 2020[21] - Operating profit for Q1 2021 was CNY -29,879,042.89, compared to CNY 179,522,826.59 in Q1 2020[25] - Net profit for Q1 2021 was CNY -25,977,884.18, a significant decline from CNY 132,814,693.34 in the previous year[25] - The company reported a total profit of CNY -32,845,517.23 for Q1 2021, compared to CNY 174,133,045.98 in the same quarter last year[25] Assets and Liabilities - Total assets increased by 2.08% to CNY 83.10 billion compared to the end of the previous year[6] - The total assets as of March 31, 2021, amounted to CNY 83,098,903,133.15, an increase from CNY 81,405,106,781.45 at the end of 2020[16] - Total liabilities increased to CNY 51,907,932,872.97 as of March 31, 2021, compared to CNY 51,193,643,911.72 at the end of 2020[20] - The company's total equity as of March 31, 2021, was CNY 16,787,798,374.58, slightly down from CNY 16,816,462,537.05 at the end of 2020[20] - The company's short-term financing payables decreased by 34.40% to CNY 5,334,883,511.53 from CNY 8,132,246,488.92[11] - The company reported a significant reduction in employee compensation payables by 67.08% to CNY 111,447,124.98 from CNY 338,522,881.20, mainly due to the disbursement of employee salaries during the period[11] Cash Flow - Net cash flow from operating activities increased by 4.53% to CNY 3.17 billion year-on-year[6] - In Q1 2021, the company's net cash flow from operating activities was CNY 3,167,107,976.06, an increase of 4.5% compared to CNY 3,029,928,669.64 in Q1 2020[28] - Total cash inflow from operating activities reached CNY 8,446,190,278.30, up 16.7% from CNY 7,238,676,797.10 in the same period last year[28] - The company reported a net cash outflow from financing activities of CNY -1,911,291,611.79, a significant decrease compared to a net inflow of CNY 9,882,813,331.34 in Q1 2020[29] - Cash and cash equivalents at the end of Q1 2021 totaled CNY 17,940,948,590.15, down from CNY 20,445,953,148.15 at the end of Q1 2020[29] Shareholder Information - The number of shareholders reached 204,049 at the end of the reporting period[9] - The top shareholder, Wuhan Commercial Group Co., Ltd., holds 760,988,942 shares, accounting for 11.42% of total shares[9] Financial Investments and Borrowings - The company plans to issue up to 1,999,790,184 shares in a non-public offering, aiming to raise no more than CNY 12.8 billion[12] - Interest expenses increased by 30.73% to CNY 479,317,421.00 from CNY 366,639,157.38, mainly due to higher bond interest payments[11] - The company reported a long-term loan of ¥1.19 billion and bonds payable of approximately ¥24.35 billion[39] Other Financial Metrics - The weighted average return on net assets decreased by 0.15 percentage points to 0.51%[6] - The company reported a total of CNY 1.17 million in non-operating income for the period[7] - The company experienced a significant increase in credit impairment losses, reporting CNY -21,285,385.45 in Q1 2021 compared to CNY 19,108,741.44 in Q1 2020[24] - Other comprehensive income after tax was CNY -2,686,278.29, compared to CNY 8,443,849.09 in Q1 2020[25]