新经典(603096) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 216,537,177.43, representing a year-on-year increase of 13.59%[8] - Net profit attributable to shareholders was CNY 54,098,480.98, down 7.54% from the previous year[8] - The basic earnings per share decreased by 6.98% to CNY 0.40[8] - Net profit for Q1 2021 was CNY 55,403,017.55, a decrease of 6.4% from CNY 59,283,437.34 in Q1 2020[31] - Earnings per share for Q1 2021 were CNY 0.40, down from CNY 0.43 in Q1 2020[31] - The company reported a decrease in comprehensive income to CNY 54,422,055.59 from CNY 60,112,791.99 in Q1 2020[31] - The company’s total comprehensive income for Q1 2021 was CNY 48,804,168.58, reflecting a growth from CNY 47,360,005.20 in Q1 2020[33] Cash Flow - The net cash flow from operating activities was negative CNY 41,456,995.51, a decrease of 392.07% compared to the same period last year[8] - The net cash flow from operating activities for Q1 2021 was -41,456,995.51 RMB, compared to 14,194,074.19 RMB in the same period last year, mainly due to increased cash payments for goods and services[17] - Cash flow from operating activities showed a net outflow of CNY -41,456,995.51 in Q1 2021, compared to a net inflow of CNY 14,194,074.19 in Q1 2020[34] - The net cash flow from operating activities in Q1 2021 was -CNY 63,033,883.40, a significant decline from -CNY 10,950,913.04 in Q1 2020[38] - The cash inflow from operating activities in Q1 2021 was CNY 51,660,938.88, compared to CNY 46,965,037.59 in Q1 2020, representing an increase of approximately 14.4%[38] - The net cash flow from investing activities for Q1 2021 was 316,439,114.57 RMB, up from 222,679,938.52 RMB year-on-year, primarily due to the redemption of financial products exceeding the amount paid for investments[17] - The cash inflow from investment activities in Q1 2021 was CNY 374,721,242.46, down from CNY 504,512,602.74 in Q1 2020, indicating a decrease of about 25.7%[38] - The net cash flow from investment activities in Q1 2021 was CNY 374,468,312.46, an increase from CNY 304,512,602.74 in Q1 2020, showing a growth of approximately 22.9%[38] - The cash outflow from financing activities in Q1 2021 was CNY 123,353,322.34, with no cash inflow reported, resulting in a net cash flow of -CNY 123,353,322.34[38] - The net increase in cash and cash equivalents for Q1 2021 was CNY 188,203,943.52, compared to CNY 293,549,501.06 in Q1 2020, reflecting a decrease of about 35.9%[38] - The ending balance of cash and cash equivalents as of Q1 2021 was CNY 617,224,171.60, up from CNY 413,591,289.98 in Q1 2020, representing an increase of approximately 49.2%[38] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,176,679,134.11, a decrease of 2.64% compared to the end of the previous year[8] - The total assets as of March 31, 2021, were 2,176,679,134.11 RMB, a decrease from 2,235,639,118.06 RMB at the end of 2020[24] - The total liabilities as of March 31, 2021, were 159,572,907.57 RMB, slightly up from 155,096,176.25 RMB at the end of 2020[24] - Total current assets decreased to CNY 1,187,268,284.85 from CNY 1,263,150,014.04 at the end of 2020[27] - Total liabilities for Q1 2021 were CNY 69,774,620.68, slightly up from CNY 68,843,835.68 in Q4 2020[28] - Long-term equity investments increased to CNY 757,758,971.26 from CNY 750,769,704.87 at the end of 2020[27] - The company’s cash and cash equivalents increased to 1,058,886,673.66 RMB from 894,205,657.06 RMB at the end of 2020[22] Shareholder Information - The number of shareholders at the end of the reporting period was 4,165[10] - The largest shareholder, Chen Mingjun, holds 52.68% of the shares, with 9,310,000 shares pledged[11] Expenses - Sales expenses for Q1 2021 amounted to 29,979,698.32 RMB, an increase of 7,778,522.72 RMB or 35.04% year-on-year, primarily due to rising labor and transportation costs[15] - Management expenses for Q1 2021 were 19,075,405.54 RMB, up 10,098,286.98 RMB or 112.49% year-on-year, driven by increased stock incentive amortization and overseas business expansion costs[15] - Total operating costs for Q1 2021 were CNY 145,923,321.08, up from CNY 122,417,796.48 in Q1 2020, reflecting a 19.2% increase[30] - Total operating expenses increased to CNY 179,235,230.80 in Q1 2021 from CNY 99,597,067.23 in Q1 2020[34] - The company reported a decrease in financial expenses, with interest income rising to CNY 4,968,500.95 in Q1 2021 from CNY 147,776.23 in Q1 2020[33] Future Outlook - The net profit for the year is expected to show significant changes compared to the previous year, but no specific guidance was provided[20]