中油资本(000617) - 2021 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2021 was ¥7,199,238,840.11, a decrease of 8.99% compared to the same period last year[3] - Net profit attributable to shareholders was ¥1,737,518,682.48, down 8.72% year-on-year[3] - Basic earnings per share decreased by 6.67% to ¥0.14[3] - The company reported a net profit of CNY 3,044,030,722.02, a decrease of 17.3% compared to CNY 3,676,913,363.19 in Q1 2020[32] - The total comprehensive income for the quarter was CNY 2,809,288,439.67, compared to CNY 3,208,774,948.96 in Q1 2020, reflecting a decrease of 12.4%[33] - The total operating profit for the first quarter was -10,881,337.81 yuan, an improvement from -38,490,587.16 yuan in the previous period, indicating a reduction in losses[35] Cash Flow - Net cash flow from operating activities improved to -¥31,763,776,035.55, a 41.26% increase compared to the previous year[3] - The net cash flow from operating activities was negative at ¥-31,763,776,035.55, a 41.26% improvement compared to the previous year, mainly due to a decrease in financial assets held for trading[12] - Cash inflow from operating activities totaled 26,968,041,632.03 yuan, compared to 23,473,078,092.98 yuan in the prior period, reflecting a year-over-year increase of approximately 10.6%[38] - The cash outflow for operating activities was 58,731,817,667.58 yuan, a decrease from 77,548,971,160.66 yuan in the previous year, indicating improved cash management[38] - The net cash flow from investing activities decreased by 69.41% to ¥7,687,731,019.50, primarily due to a reduction in cash received from investment recoveries[12] - Cash inflow from investment activities totaled 11,550,000.00 yuan, significantly higher than 500,000.00 yuan in the previous period, reflecting increased investment returns[40] Assets and Liabilities - Total assets at the end of the reporting period were ¥939,493,354,293.80, a slight decrease of 0.06% from the end of the previous year[3] - The total fair value of securities held at the end of the period was CNY 230,330,120,026.58, reflecting an increase from the previous period[18] - The total liabilities of the company as of March 31, 2021, were not explicitly stated but can be inferred from the balance sheet data[23] - Non-current liabilities totaled ¥33.41 billion, an increase from ¥32.24 billion, representing a growth of 3.63%[26] - The total current liabilities amounted to ¥741.11 billion, a slight decrease from ¥745.63 billion, reflecting a 0.34% decline[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 60,069[6] - The largest shareholder, China National Petroleum Corporation, held 77.35% of the shares[6] - The total equity attributable to shareholders increased to ¥90.76 billion from ¥89.41 billion, marking a growth of 1.51%[27] Financial Position - The company's cash and cash equivalents decreased to CNY 38,669,846,010.19 from CNY 43,871,438,723.18 as of December 31, 2020, indicating a decline of approximately 11.5%[24] - The company's financial expenses decreased by 63.11% to ¥31,429,587.20, mainly due to a reduction in borrowing interest expenses[11] - The company's expected liabilities decreased by 71.23% to ¥315,402,559.67, reflecting a reduction in off-balance-sheet credit exposure and corresponding decreases in expected credit losses[11] Investment Activities - The company reported a total of CNY 81,095.77 in entrusted financial management, with an overdue amount of CNY 81,092.77[20] - The company reported no derivative investments during the reporting period, indicating a conservative investment strategy[19] - The company has implemented new leasing standards starting from 2021, which required adjustments to the beginning balance sheet items[42] Other Information - The company has not engaged in any significant external guarantees or non-operating fund occupation by major shareholders during the reporting period[21] - The company has not conducted any research or communication activities during the reporting period, suggesting a focus on internal operations[22] - The company did not undergo an audit for the first quarter report[49]