嘉友国际(603871) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 72.90% to CNY 84,074,412.89 year-on-year[18] - Basic earnings per share rose by 72.91% to CNY 0.3830[18] - The weighted average return on equity increased by 1.24 percentage points to 3.81%[18] - Net profit rose by 76.14% to ¥84,001,703.88, attributed to a 21% decline in trade revenue due to the pandemic and a 33.24% increase in cross-border multimodal logistics services[31] - The net profit for Q1 2021 was CNY 84,001,703.88, representing an increase of 76.4% from CNY 47,689,284.90 in Q1 2020[62] - The total profit for Q1 2021 was CNY 93,463,307.69, up from CNY 56,957,044.09 in Q1 2020, marking an increase of 64.3%[62] Revenue and Costs - Operating revenue decreased by 1.89% to CNY 599,718,567.80 compared to the same period last year[18] - The company experienced a 21% decline in supply chain trade revenue due to the pandemic, while cross-border multimodal logistics services increased by 33.24%[18] - Total revenue for Q1 2021 was CNY 599,718,567.80, a decrease of 1.7% compared to CNY 611,241,029.84 in Q1 2020[58] - Total operating costs for Q1 2021 were CNY 507,670,497.57, down 8.5% from CNY 554,984,260.76 in Q1 2020[58] Assets and Liabilities - Total assets increased by 4.53% to CNY 3,555,885,615.31 compared to the end of the previous year[18] - Cash and cash equivalents decreased by 58.71% to ¥723,494,511.35 due to the purchase of financial products[27] - Inventory increased by 241.66% to ¥201,373,693.89 primarily due to an increase in the purchase of main coking coal[29] - The company's total liabilities as of March 31, 2021, were RMB 1.23 billion, compared to RMB 1.17 billion at the end of 2020, showing an increase of approximately 5.9%[49] - The company's equity attributable to shareholders increased to RMB 2.25 billion as of March 31, 2021, from RMB 2.16 billion at the end of 2020, representing a growth of about 4.4%[49] Cash Flow - Net cash flow from operating activities decreased significantly by 219.17% to -CNY 95,952,334.18[18] - The company's cash flow from operating activities showed a net outflow of ¥95,952,334.18, an increase of 219.17% compared to the previous period[31] - The net cash flow from operating activities was negative at approximately ¥95.95 million, worsening from a negative ¥30.06 million in the same period last year[69] - Total cash inflow from investment activities was approximately ¥818.23 million, down significantly from ¥1.62 billion in Q1 2020[71] Shareholder Information - The total number of shareholders reached 10,575 by the end of the reporting period[25] - The largest shareholder, Jiaxin Yi (Tianjin) Asset Management Partnership, holds 37.50% of the shares[26] Research and Development - Research and development expenses decreased by 30.62% to ¥1,303,756.44 due to reduced investment in R&D projects during the reporting period[29] - The company's research and development expenses for Q1 2021 were CNY 1,303,756.44, down from CNY 1,879,162.42 in Q1 2020, showing a reduction of 30.5%[63] Investments and Projects - The company is investing approximately $229,043,600 in the modernization project of the Kasumbalesa-Sakania road and inland port in the Democratic Republic of the Congo[35] - The company completed 90% of the road clearing work for the modernization project, with 60% of culvert and box culvert construction completed[38] Market Strategy - The company has not disclosed any new product developments or market expansion strategies in this report[18] - The company is focused on expanding its market presence and enhancing product development, although specific figures were not disclosed in the report[78]