京沪高铁(601816) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was approximately ¥5.74 billion, an increase of 11.65% year-on-year[4] - Net profit attributable to shareholders was approximately ¥321.82 million, a decrease of 0.55% compared to the same period last year[4] - Basic earnings per share were ¥0.0066, a decrease of 4.35% compared to the previous year[4] - Total operating revenue for Q1 2021 was RMB 5,744,172,778.29, an increase of 11.6% compared to RMB 5,144,730,911.43 in Q1 2020[20] - Net profit for Q1 2021 reached RMB 125,987,577.35, representing a 12.3% increase from RMB 112,757,866.23 in Q1 2020[21] - Operating profit for Q1 2021 was RMB 355,896,853.85, slightly up from RMB 351,250,900.05 in Q1 2020[21] - The company's basic and diluted earnings per share for Q1 2021 were both RMB 0.0066, compared to RMB 0.0069 in Q1 2020[22] - The company's tax expenses for Q1 2021 were RMB 228,586,649.94, down from RMB 238,506,206.32 in Q1 2020[21] Cash Flow - Net cash flow from operating activities was approximately ¥1.96 billion, down 24.91% year-on-year[4] - In Q1 2021, the company's cash inflow from operating activities was approximately ¥4.75 billion, a decrease of 15.7% compared to ¥5.63 billion in Q1 2020[26] - The net cash outflow from investing activities was approximately -¥1.21 billion, an improvement from -¥1.65 billion in the same period last year[27] - The net cash outflow from financing activities was approximately -¥850 million, compared to -¥639 million in Q1 2020, indicating increased cash usage for financing[27] - The company's cash and cash equivalents at the end of Q1 2021 stood at approximately ¥7.86 billion, down from ¥10.40 billion at the end of Q1 2020[27] - The total cash inflow from operating activities included ¥4.70 billion from sales of goods and services, down from ¥5.46 billion in the previous year[26] - The cash outflow for purchasing goods and services was approximately ¥2.03 billion, a slight decrease from ¥2.10 billion in Q1 2020[26] - The company reported a net cash flow from operating activities of approximately ¥1.96 billion, down 25% from ¥2.62 billion in Q1 2020[26] - The cash outflow for taxes paid was approximately ¥729 million, a decrease of 18% from ¥890 million in the previous year[26] - The cash inflow from other operating activities was approximately ¥48 million, significantly lower than ¥172 million in Q1 2020[26] - The company experienced a net decrease in cash and cash equivalents of approximately -¥92.87 million during the quarter[27] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥300.09 billion, a decrease of 0.26% compared to the end of the previous year[4] - Total current assets amounted to 10,295,609,103.86 RMB, slightly up from 10,250,872,843.24 RMB at the end of last year[14] - Total assets decreased from 300,863,311,434.60 RMB to 300,085,964,694.91 RMB[14] - Current liabilities decreased to ¥9,819,480,066.86 from ¥10,275,855,338.38, reflecting a reduction of approximately 4.4%[18] - Long-term borrowings remained stable at ¥30,472,112,430.32 compared to ¥30,772,112,430.32, indicating a decrease of about 1%[18] - The company's total liabilities decreased to ¥40,834,964,812.46 from ¥41,594,186,424.87, a reduction of approximately 1.8%[18] - Shareholders' equity increased to ¥185,648,561,023.14 from ¥184,881,844,036.04, representing a growth of about 0.4%[19] - Non-current assets totaled ¥217,739,292,605.52, down from ¥218,665,311,819.07, indicating a decrease of about 0.4%[17] - The total liabilities and shareholders' equity amounted to ¥226,483,525,835.60, consistent with the total assets reported[19] Shareholder Information - The total number of shareholders at the end of the reporting period was 344,173[7] - The largest shareholder, China Railway Investment Co., Ltd., held 43.39% of the shares[7] Other Developments - The company has not reported any new product or technology developments in this quarter[4] - There are no significant mergers or acquisitions reported during this period[4] - Accounts receivable increased by 44.36% compared to the end of last year, primarily due to increased revenue from network service operations[9] - Construction in progress surged by 579.47% compared to the end of last year, mainly due to increased subsequent expenditures for the Jingfu Anhui project[10] - Contract liabilities rose by 47.62% compared to the end of last year, attributed to increased advance ticket sales as the pandemic situation improved[10] - Financial expenses increased by 61.06% year-on-year, mainly due to interest expenses from bank loans for acquiring equity in Jingfu Anhui[11] - The company executed new leasing standards starting January 1, 2021, resulting in a 100% increase in right-of-use assets[10] - The company adopted the new leasing standards effective January 1, 2021, impacting the recognition of right-of-use assets and lease liabilities[34] - The company has implemented the new leasing standards effective January 1, 2021, impacting the financial statements[38]