凤凰航运(000520) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 207,532,868.92, representing a 34.32% increase compared to CNY 154,510,921.28 in the same period last year[8] - Net profit attributable to shareholders reached CNY 6,387,758.66, a significant increase of 295.16% from CNY 1,616,497.39 year-on-year[8] - Basic earnings per share rose to CNY 0.0063, up 293.75% from CNY 0.0016 in the previous year[8] - Revenue for the reporting period reached ¥207,532,868.92, a year-on-year increase of 34.32% due to improved market conditions and rising freight rates[19] - Total operating revenue for Q1 2021 was CNY 207,532,868.92, an increase from CNY 154,510,921.28 in the previous period[45] - The net profit for the current period is 518,853.85, compared to 289,423.99 in the previous period, reflecting a growth of approximately 79.3%[51] - The total comprehensive income for the current period is 518,853.85, compared to 289,423.99 in the previous period, showing an increase of 79.3%[52] Assets and Liabilities - Total assets at the end of the reporting period were CNY 647,939,746.99, reflecting a 2.27% increase from CNY 633,571,991.46 at the end of the previous year[8] - The company's total assets amounted to CNY 344,480,349.40, compared to CNY 339,277,719.75 at the end of 2020[43] - The company's total current liabilities increased to CNY 211,980,456.27 from CNY 202,744,729.95, representing a rise of approximately 4.1%[39] - The total liabilities of the company as of March 31, 2021, were CNY 220,710,692.20, compared to CNY 212,683,509.90 at the end of 2020, marking an increase of about 3.8%[39] - The company's equity remained stable with total equity at CNY 427,229,054.79 as of March 31, 2021[39] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -2,042,879.97, a decline of 111.11% compared to a net inflow of CNY 18,395,017.98 in the previous year[8] - Cash received from sales of goods and services was ¥191,963,082.41, a 37.54% increase compared to the previous year[21] - Cash paid for purchasing goods and services rose to ¥161,821,223.83, an 83.76% increase due to higher business costs[21] - The net cash flow from operating activities is -2,042,879.97, a decline from 18,395,017.98 in the previous period[54] - The company reported a cash and cash equivalents balance of 88,859,796.05 at the end of the period, up from 77,554,562.40 in the previous period[55] - The ending balance of cash and cash equivalents reached 14,600,564.90, up from 3,165,984.44 at the beginning of the period[59] Expenses - Sales expenses increased to ¥1,681,301.90, reflecting a 69.52% rise attributed to higher travel and compensation costs[19] - Management expenses surged by 101.62% to ¥18,285,416.29, driven by increased revenue and corresponding costs[19] - Financial expenses rose significantly to ¥300,638.76, marking a 493.24% increase due to short-term loan interest[19] - Tax expenses increased by 110.38% to ¥3,171,295.77, reflecting higher profits from subsidiaries compared to the previous year[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 78,061, with the largest shareholder holding 14.11% of the shares[12] Government Subsidies - The company received government subsidies amounting to CNY 580,817.97, which are closely related to its business operations[9] - Other income included government subsidies amounting to ¥580,000.00 received during the reporting period[19] Related Party Transactions - The company is committed to ensuring that any related party transactions are conducted at fair market prices and in accordance with legal regulations[25] - The company guarantees that it will not engage in direct or indirect competition with its subsidiaries to avoid conflicts of interest[24] - The company has established a governance structure to ensure independent operations of its subsidiaries[24] - The company has committed to maintaining the independence of its business activities post-transaction completion[24] - The company will prioritize the interests of its listed company in any future business expansions by its controlled entities[24] - The company has pledged to avoid any illegal transfer of funds or profits through related party transactions[25] - The company will adhere to disclosure obligations regarding related party transactions as per legal and regulatory requirements[25] Other Information - The company reported no securities investments during the reporting period[26] - The company has no ongoing derivative investments during the reporting period[26] - The company did not engage in any repurchase transactions during the reporting period[14] - The company did not engage in any entrusted wealth management activities during the reporting period[30] - The first quarter report for 2021 was not audited[60] - There were no significant legal disputes or non-operating fund occupation by controlling shareholders during the reporting period[31][32] - The company has established a management approach for futures hedging to ensure the safety of funds in futures trading[29]