中国中免(601888) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders reached CNY 2.85 billion, a significant recovery from a loss of CNY 21.86 million in the same period last year[4]. - Operating revenue surged by 127.48% to CNY 18.13 billion, compared to CNY 7.97 billion in the previous year[4]. - Basic earnings per share rose to CNY 1.4591, compared to a loss of CNY 0.0112 in the same period last year[4]. - The company reported a total profit of ¥4.46 billion for Q1 2021, contrasting with a total loss of ¥328 million in the same period last year[19]. - Net profit for Q1 2021 was ¥3.40 billion, a turnaround from a net loss of ¥300 million in Q1 2020[20]. - The company reported a significant reduction in selling expenses by 47.47% to RMB 1.77 billion, mainly due to decreased airport rental fees[8]. Revenue and Costs - Total operating revenue for Q1 2021 reached ¥18.13 billion, a significant increase from ¥7.97 billion in Q1 2020, representing a growth of approximately 127%[19]. - Operating costs rose by 156.41% to RMB 11.04 billion, mainly due to the substantial increase in operating revenue[8]. - Total operating costs for Q1 2021 were ¥13.76 billion, compared to ¥8.19 billion in Q1 2020, indicating a rise of about 68%[19]. - Tax and additional charges increased by 221.39% to RMB 514.81 million, attributed to higher sales during the period[8]. Assets and Liabilities - Total assets increased by 19.02% to CNY 49.89 billion compared to the end of the previous year[4]. - Total liabilities increased to ¥20,272,297,538.01 in Q1 2021 from ¥15,740,531,466.84 in Q4 2020, representing a growth of approximately 28.5%[14]. - Total equity attributable to shareholders rose to ¥25,190,944,920.11 in Q1 2021, up from ¥22,307,710,332.05 in Q4 2020, marking an increase of about 12.5%[14]. - Current liabilities totaled ¥12,382,081,744.78 in Q1 2021, compared to ¥11,096,286,262.52 in Q4 2020, representing an increase of approximately 11.6%[17]. - Non-current liabilities were recorded at ¥12,147,967.09 in Q1 2021, a significant increase from ¥172,367.03 in Q4 2020[17]. Cash Flow - Net cash flow from operating activities improved to CNY 79.15 million, a recovery from a negative cash flow of CNY 878.83 million in the same period last year[4]. - The total cash inflow from operating activities was ¥18,952,704,211.75, up from ¥8,157,705,773.46 in the same period last year, representing an increase of approximately 132.5%[24]. - The company generated ¥18,783,390,284.96 in cash from sales of goods and services, compared to ¥8,051,479,259.83 in Q1 2020, marking an increase of approximately 133.9%[24]. - The company reported a net cash flow from investing activities of ¥-244,864,501.27, worsening from ¥-211,504,361.99 in Q1 2020[25]. Shareholder Information - The total number of shareholders at the end of the reporting period was 99,429[6]. - The largest shareholder, China Tourism Group Co., Ltd., held 53.30% of the shares[6]. Strategic Initiatives - The company plans to continue leveraging the policy opportunities from the Hainan duty-free market to enhance its integrated operations[10]. - The company did not disclose any new product developments or market expansion strategies in this report[7].