创力集团(603012) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 334.34 million, down 10.67% year-on-year[5] - Net profit attributable to shareholders of the listed company was CNY 54.43 million, an increase of 8.82% compared to the same period last year[5] - The company reported a net profit of CNY 43.05 million after deducting non-recurring gains and losses, up 26.83% year-on-year[5] - Basic earnings per share increased to CNY 0.09, representing a growth of 12.50% compared to the previous year[7] - The company's operating revenue for Q1 2021 was CNY 185,206,060.96, an increase of 9.6% compared to CNY 168,909,931.12 in Q1 2020[27] - The net profit for Q1 2021 reached CNY 63,454,683.99, up 17.5% from CNY 53,894,711.97 in the same period last year[25] - The total profit for Q1 2021 was CNY 73,806,517.21, an increase of 17% from CNY 63,122,457.63 in Q1 2020[25] - The company's operating profit for Q1 2021 was CNY 60,572,464.56, an increase from CNY 46,924,570.13 in Q1 2020[25] Cash Flow - Net cash flow from operating activities was negative CNY 56.74 million, a decline of 258.43% year-on-year[5] - Cash received from operating activities decreased by 66.22% to CNY 7,926,694.40, mainly due to reduced government subsidies and interest income[15] - Cash inflow from investment activities totaled CNY 288,032,822.89, up from CNY 136,796,720.85 in Q1 2020, indicating a growth of about 110%[30] - Cash outflow from investment activities was CNY 337,543,032.77, compared to CNY 160,203,041.76 in Q1 2020, resulting in a net cash flow from investment activities of negative CNY 49,510,209.88[30] - Cash inflow from financing activities was CNY 161,863,904.78, an increase from CNY 131,622,072.00 in Q1 2020, reflecting a growth of approximately 22.9%[31] - Net cash flow from financing activities was negative CNY 9,275,781.94, a significant decline from positive CNY 54,135,925.65 in the previous year[31] - The ending cash and cash equivalents balance was CNY 460,859,609.57, down from CNY 492,596,077.02 at the end of Q1 2020[31] Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 5.68 billion, a decrease of 2.05% compared to the end of the previous year[5] - Total assets as of March 31, 2021, were CNY 4,163,800,515.86, slightly up from CNY 4,158,607,907.91 at the end of 2020[21] - Total liabilities decreased to CNY 1,501,088,287.72 from CNY 1,527,595,306.08 as of December 31, 2020[22] - The balance of prepayments increased by 56.10% to CNY 144,344,760.17, due to delayed equipment deliveries[13] - The balance of other receivables rose by 40.24% to CNY 43,511,331.45, mainly from pending government subsidies[13] - Employee compensation payable decreased by 45.39% to CNY 23,884,542.88, due to the distribution of year-end bonuses in Q1 2021[13] - Tax payable decreased by 51.11% to CNY 49,894,544.71, primarily due to tax payments made in Q1 2021[13] Shareholder Information - The total number of shareholders at the end of the reporting period was 39,424[10] - The largest shareholder, Shanghai Jusheng Investment Co., Ltd., held 10.42% of the shares, with 66,345,866 shares pledged[10] Research and Development - Research and development expenses for Q1 2021 were CNY 17,137,489.04, a decrease from CNY 19,793,732.13 in Q1 2020[23] - The company's R&D expenses in Q1 2021 were CNY 13,145,777.51, a decrease of 19.5% from CNY 16,374,365.23 in Q1 2020[27] - The company has not disclosed any new product developments or market expansion strategies in this report[5] - The company plans to focus on market expansion and new product development in the upcoming quarters[23] Cost Management - Operating costs decreased by 34.78% to CNY 157,453,596.51, primarily due to a higher proportion of low-margin business[13] - Total operating costs for Q1 2021 were CNY 277,240,308.20, down 17.9% from CNY 337,573,468.85 in Q1 2020[23] - Gross profit margin improved to 17.1% in Q1 2021 from 10.0% in Q1 2020, reflecting better cost management[23] - The company recorded a decrease in sales expenses to CNY 31,505,395.46 in Q1 2021 from CNY 24,474,340.19 in Q1 2020, reflecting a strategic cost management approach[27]