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天茂集团(000627) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥12,758,043,222.03, a decrease of 27.57% compared to ¥17,613,172,533.85 in the same period last year[7] - Net profit attributable to shareholders was ¥224,513,645.89, down 41.59% from ¥384,344,442.14 year-on-year[7] - Basic and diluted earnings per share were both ¥0.0454, a decrease of 43.25% from ¥0.08 in the same period last year[7] - Total operating revenue for Q1 2021 was CNY 12,758,043,222.03, a decrease of 27.9% compared to CNY 17,613,172,533.85 in the same period last year[53] - Earned premium for the insurance business was CNY 9,908,969,911.97, down from CNY 14,403,682,065.62, reflecting a decline of 31.5% year-over-year[53] - Investment income for the quarter was CNY 2,482,165,352.51, compared to CNY 2,740,826,700.52 in the previous year, indicating a decrease of 9.4%[53] - Net profit for Q1 2021 was CNY 431,350,375.63, a decrease from CNY 751,878,567.83 in Q1 2020, reflecting a decline of about 42.6%[55] - The total comprehensive income for Q1 2021 was CNY 733,822,556.50, compared to a loss of CNY 73,061,053.08 in the same period last year[57] Cash Flow and Liquidity - The net cash flow from operating activities was ¥1,684,990,698.61, representing a decline of 66.98% compared to ¥5,102,605,102.25 in the previous year[7] - Cash inflow from operating activities for Q1 2021 was CNY 10,876,318,688.36, an increase from CNY 7,401,239,438.58 in the previous year[64] - Cash outflow from operating activities for Q1 2021 was CNY 9,191,327,989.75, compared to CNY 2,298,634,336.33 in Q1 2020, indicating a significant increase in cash outflows[64] - The total cash inflow from operating activities was 1,876,168.96 RMB, compared to 297,459.65 RMB in the previous year[69] - The company reported a net increase in cash and cash equivalents of 1,193,794,577.64 RMB for the quarter, contrasting with a decrease of -351,899,865.15 RMB in the same quarter last year[69] Assets and Liabilities - The total assets at the end of the reporting period were ¥249,213,169,474.06, an increase of 4.10% from ¥239,402,637,169.94 at the end of the previous year[7] - The total liabilities increased to ¥54,657,797,604.87 from ¥48,016,359,399.47, which is an increase of about 13.8%[42] - The total amount of other receivables increased by 30.34% to CNY 2,530,365,240.04 from CNY 1,941,355,046.99 year-on-year[22] - The company's fixed-term deposits increased by 128.01% to CNY 3,384,221,844.00 from CNY 1,484,221,844.00 at the end of the previous year[22] - The company's total non-current assets amounted to ¥195,953,443,242.94, up from ¥187,659,586,057.27, showing an increase of about 4.3%[40] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 80,680[12] - The largest shareholder, New Liyi Group Co., Ltd., held 44.56% of the shares, amounting to 2,201,658,177 shares[12] - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[17] Government Support and Subsidies - The company received government subsidies amounting to ¥68,822,363.28 during the reporting period[7] Operational Changes and Future Plans - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[53] Other Financial Metrics - The company reported a significant increase in claims paid, with a rise of 1,856.17% to CNY 6,593,283,927.45 compared to CNY 337,050,329.47 in the same period last year[22] - The company experienced a 718.53% increase in accounts payable, reaching CNY 286,582,281.18 from CNY 35,011,752.07 at the end of the previous year[22] - The company recorded a loss of CNY 220,652,037.39 in fair value changes of financial assets, contrasting with a gain of CNY 24,236,584.05 in the same period last year[22] - The company’s insurance liability reserves decreased by 80.01% to CNY 2,947,253,997.37 from CNY 14,746,968,660.00 year-on-year[22] - The company’s commission and fee expenses increased by 55.47% to CNY 1,140,747,342.23 from CNY 733,745,695.14 in the previous year[22]