海科B(900938) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 85,096,906 thousand, an increase of 10.44% year-on-year[7] - Net profit attributable to shareholders was CNY 403,612 thousand, representing a significant increase of 170.09% compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses was CNY 215,556 thousand, an increase of 80.82% year-on-year[7] - Basic earnings per share rose to CNY 0.1392, an increase of 170.29% compared to the same period last year[7] - Net profit for Q1 2021 reached CNY 620,683, compared to CNY 209,575 in Q1 2020, representing a significant increase of 196.5%[29] - The net profit attributable to shareholders of the parent company was CNY 403,612, up from CNY 149,438 in the same period last year, marking a growth of 170.5%[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 120,800,485 thousand, a decrease of 0.70% compared to the end of the previous year[7] - Total liabilities as of March 31, 2021, were CNY 6,591,274, compared to CNY 6,530,951 at the end of 2020, indicating a slight increase of 0.9%[26] - The total equity attributable to shareholders of the parent company was CNY 3,818,991, down from CNY 3,891,055 at the end of 2020, reflecting a decrease of 1.9%[26] - The total assets increased from 121,656,052 thousand RMB to 125,253,514 thousand RMB, reflecting an adjustment of 3,597,462 thousand RMB[44] - The total liabilities rose from 114,924,914 thousand RMB to 118,522,376 thousand RMB, indicating an increase of 3,597,462 thousand RMB[44] Cash Flow - The net cash flow from operating activities was negative CNY 6,277,325 thousand, a decline of 210.89% year-on-year[7] - The net cash flow from operating activities for Q1 2021 was a negative 6.277 million RMB, down from a positive 5.661 million RMB in Q1 2020[36] - The company’s cash inflow from operating activities totaled 50,007 thousand RMB, down from 80,003 thousand RMB in the same period last year[40] - The company incurred financial expenses of 12.538 million RMB in Q1 2021, compared to a financial income of 1.977 million RMB in Q1 2020[32] - The total investment activities resulted in a net cash outflow of 319.877 million RMB in Q1 2021, compared to a net outflow of 614.447 million RMB in Q1 2020[37] Shareholder Information - The total number of shareholders at the end of the reporting period was 114,947[10] - The largest shareholder, HNA Technology Group Co., Ltd., held 602,006,689 shares, accounting for 20.76% of the total shares[11] Financial Ratios - The weighted average return on equity increased to 10.11%, up by 9.01 percentage points from the previous year[7] - The company reported a financial expense of CNY 1,060,752 in Q1 2021, a decrease from CNY 1,350,768 in Q1 2020, showing a reduction of 21.5%[29] Other Financial Information - The company reported a non-recurring loss from the disposal of non-current assets amounting to CNY -817 thousand[7] - Trading financial assets increased to RMB 190,489 thousand, a 1139.11% increase compared to RMB 15,373 thousand at the end of the previous year, primarily due to an increase in foreign exchange forward contracts[13] - Long-term borrowings rose to RMB 5,913,238 thousand, a 386.35% increase from RMB 1,215,839 thousand at the end of the previous year, mainly due to the subsidiary Ingram's increase in long-term borrowings[13] - Investment income decreased to RMB 3,110 thousand, a 91.70% decline from RMB 37,454 thousand in the same period last year, primarily due to reduced profits from joint ventures[14] - Fair value changes in assets and liabilities resulted in a profit of RMB 361,440 thousand, a 147.04% increase from RMB 146,310 thousand in the same period last year[14] Corporate Actions - The company plans to complete the merger of its subsidiary GCL Investment Management Inc. with Imola Acquisition Corporation, which will result in the seller no longer holding equity in the target company[16] - The company has implemented new leasing standards, affecting prior comparative data[48] - The report indicates no applicable audit report adjustments for the current period[48]