广深铁路(601333) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 4.41 billion, representing a year-on-year increase of 17.15%[4] - Net profit attributable to shareholders was a loss of CNY 93.37 million, an improvement from a loss of CNY 462.07 million in the same period last year[4] - The company's net profit margin for Q1 2021 was impacted by increased operating costs, with a net loss reported[15] - Net profit for Q1 2021 was a loss of CNY 93,064,495, compared to a loss of CNY 461,261,102 in Q1 2020, showing a significant reduction in losses[16] - Total comprehensive income for Q1 2021 was a loss of CNY 93,064,495, compared to a loss of CNY 461,261,102 in Q1 2020[18] Cash Flow - Net cash flow from operating activities was a negative CNY 328.59 million, a decrease of 183.71% compared to the previous year[4] - Cash flow from operating activities for Q1 2021 was a net outflow of CNY 328,591,924, compared to an inflow of CNY 392,515,633 in Q1 2020[19] - Cash flow from investing activities showed a net outflow of CNY (103,615,679), an improvement from CNY (352,228,216) in Q1 2020[20] - Cash flow from financing activities recorded an inflow of CNY 844,949,826, with no inflow reported in Q1 2020[20] - The net decrease in cash and cash equivalents for Q1 2021 was CNY (354,123,728), compared to an increase of CNY 40,288,735 in Q1 2020[20] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 36.87 billion, an increase of 0.24% compared to the end of the previous year[4] - Total liabilities increased to RMB 8,778,961,551 from RMB 8,624,281,337, marking a rise of 1.8%[12] - The total non-current assets decreased to RMB 30,179,426,733 from RMB 30,521,615,149, a decline of 1.1%[11] - The company's cash and cash equivalents decreased to RMB 1,191,078,086 from RMB 1,545,232,043, a decline of 22.9%[11] - Accounts receivable increased to RMB 4,491,509,847 from RMB 3,721,676,955, representing a growth of 20.7%[11] Shareholder Information - The number of shareholders at the end of the reporting period was 202,110[6] - The largest shareholder, China Railway Guangzhou Group Co., Ltd., held 2.63 billion shares, accounting for 37.12% of total shares[7] Operational Strategy - The company plans to continue improving operational efficiency and expanding its market presence in response to the recovery in passenger and freight volumes[9] - The company plans to focus on expanding its market presence and enhancing operational efficiency in the upcoming quarters[15] Credit and Impairment - The company reported a credit impairment loss of CNY 42.50 million, reflecting a 100% increase due to recalculating the expected credit loss rate[9] - The company incurred credit impairment losses of CNY 42,504,173 in Q1 2021, with no such losses reported in Q1 2020[17] Operating Costs - Total operating costs for Q1 2021 were RMB 4,577,882,895, up from RMB 4,239,712,129 in Q1 2020, reflecting a rise of 8%[15] - Total cash outflow for operating activities was CNY 4,289,852,300, significantly higher than CNY 2,358,587,152 in Q1 2020, indicating increased operational costs[20] Other Financial Metrics - The weighted average return on equity was -0.33%, down from -1.60% in the previous year[4] - The company reported an operating profit loss of CNY 135,436,504 for Q1 2021, compared to a loss of CNY 441,249,093 in Q1 2020[17] - Interest expenses for Q1 2021 were CNY 16,875,271, an increase from CNY 14,411,213 in Q1 2020[17] - The company reported a decrease in management expenses to CNY 53,094,863 in Q1 2021 from CNY 68,618,356 in Q1 2020[17] - The total investment income for Q1 2021 was a loss of CNY 565,696, compared to a profit of CNY 1,730,891 in Q1 2020[16] Cash Inflows and Outflows - Total cash inflow from sales and services was CNY 3,146,238,980, compared to CNY 2,682,817,984 in the previous year, marking a growth of 17.3%[20] - Cash received from other operating activities was CNY 48,155,445, down from CNY 68,286,119 in Q1 2020, reflecting a decrease of 29.4%[20]