智度股份(000676) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥1,857,166,484.80, a decrease of 48.15% compared to ¥3,581,941,959.85 in the same period last year[10]. - Net profit attributable to shareholders was ¥83,248,920.21, representing a significant increase of 169.41% from a loss of ¥119,933,327.62 in the previous year[10]. - The net profit after deducting non-recurring gains and losses was ¥37,062,384.22, up 287.63% from ¥9,561,392.23 in the same period last year[10]. - The basic earnings per share for the quarter was ¥0.0652, compared to a loss of ¥0.0955 in the same period last year, marking an increase of 168.29%[10]. - The weighted average return on equity was 2.22%, an improvement of 4.03% from -1.81% in the previous year[10]. - The company reported a net loss of ¥1,154,822,651.86, improving from a loss of ¥1,238,071,572.07[128]. - The net profit for the current period is ¥82,540,169.48, a significant recovery from a net loss of ¥135,700,368.22 in the previous period[142]. - The total comprehensive income for the current period is ¥93,923,033.79, compared to a loss of ¥85,489,407.31 in the previous period[146]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,968,057,513.31, a slight decrease of 0.43% from ¥5,993,810,486.37 at the end of the previous year[10]. - Total liabilities decreased to ¥2,216,133,416.22 from ¥2,335,809,423.08, a reduction of 5.09%[125]. - The company's total current assets as of March 31, 2021, were ¥4,027,283,683.29, compared to ¥4,090,446,965.54 at the end of 2020[119]. - The total liabilities increased to ¥2,353,173,471.09, with a notable rise in non-current liabilities attributed to the new leasing standards[170]. - Total liabilities reached approximately $975.18 million, with current liabilities at about $774.98 million and non-current liabilities at approximately $200.20 million[173]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 71,209[14]. - The largest shareholder, Beijing Zhidu De Pu Investment Center, held 31.45% of the shares, totaling 416,898,419 shares[14]. - The company is currently fulfilling its commitment regarding the share repurchase, which was initiated in May 2016 and has a duration of 5 years[26]. - The company has a share lock-up period of 36 months for newly issued shares, which will be released in stages based on performance commitments from 2015 to 2018[31]. Cash Flow - The cash inflow from operating activities totaled RMB 2,441,890,978.79, a decrease of 25.73% compared to RMB 3,287,656,017.19 in the previous year[25]. - The company's cash and cash equivalents amounted to ¥938,830,936.88, a decrease from ¥1,104,274,265.71 at the end of 2020[119]. - The net cash flow from operating activities is -¥56,093,106.10, compared to -¥48,053,780.41 in the previous period[158]. - The ending cash and cash equivalents balance is ¥916,342,116.24, compared to ¥881,798,217.28 in the previous period[160]. Investment and R&D - The company reported a significant increase in interest income, rising by 472.84% to RMB 34,418,476.88 from RMB 6,008,341.57, attributed to orderly development of internet finance and factoring business[22]. - Research and development expenses for the current period are ¥28,493,070.61, down from ¥38,094,550.11 in the previous period, reflecting a decrease of approximately 25.3%[139]. - The company is investing in R&D, allocating DD% of its revenue towards new technologies and product development[51]. Future Outlook and Strategy - The company provided a positive outlook for the upcoming quarters, projecting a revenue growth of BB% for the next fiscal year[51]. - New product launches are expected to contribute to revenue, with an estimated impact of CC million in the next quarter[51]. - Market expansion plans include entering EE new markets, which are projected to increase user base by FF%[51]. - The management emphasized the importance of adapting to market trends, with a focus on digital transformation initiatives[51]. Compliance and Commitments - The company has committed to timely fulfillment of its obligations[103]. - The company has made commitments to ensure that its return compensation measures are effectively implemented, with legal responsibilities for any violations[91]. - The company will ensure compliance with any new regulatory requirements from the China Securities Regulatory Commission regarding compensation measures[90].