锦龙股份(000712) - 2021 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2021 was CNY 345,696,686.97, a decrease of 20.97% compared to CNY 437,415,335.04 in the same period last year[9] - Net profit attributable to shareholders was CNY 8,766,353.32, down 80.84% from CNY 45,753,344.44 year-on-year[9] - Basic earnings per share decreased by 80.00% to CNY 0.01 from CNY 0.05 in the same period last year[9] - Net profit for the period was ¥18,149,870.86, down from ¥74,409,434.42, representing a decrease of about 75.6%[51] - Earnings attributable to shareholders of the parent company fell to ¥8,766,353.32 from ¥45,753,344.44, a decline of approximately 80.9%[53] - Total comprehensive income decreased to ¥21,153,179.09 from ¥97,189,626.36, a drop of about 78.2%[53] Cash Flow - Net cash flow from operating activities was negative CNY 1,534,258,895.84, a decline of 358.47% compared to CNY 593,582,069.25 in the previous year[9] - Cash flow from operating activities showed a net outflow of -1,534,258,895.84, contrasting with a net inflow of 593,582,069.25 in the previous period[65] - Cash inflow from operating activities totaled 2,095,858,282.81, a significant increase from -457,205,820.54 in the prior period[65] - Cash flow from investing activities resulted in a net outflow of -29,668,407.91, compared to -19,010,043.11 in the prior period[68] - The company's cash flow from financing activities was not detailed in the provided data, indicating a need for further analysis[75] Assets and Liabilities - Total assets at the end of the reporting period were CNY 24,209,743,653.79, an increase of 2.14% from CNY 23,702,118,815.95 at the end of the previous year[9] - The company's total liabilities as of March 31, 2021, included a 42.68% increase in sold repurchased financial assets, totaling 4,590,881,568.98 CNY, attributed to bond repurchase activities[19] - Total liabilities increased to ¥18,822,851,383.52 from ¥18,336,379,724.77, representing a growth of 2.65%[42] - Total assets increased from 23,702,118,815.95 to 23,789,481,892.08, showing an adjustment of 87,363,076.13 due to the new leasing standards[79] - Total liabilities rose from 18,336,379,724.77 to 18,423,742,800.90, reflecting an increase of 87,363,076.13[83] Equity - Net assets attributable to shareholders increased by 0.35% to CNY 3,411,110,660.98 from CNY 3,399,089,921.89 at the end of the previous year[9] - Total equity rose to ¥5,386,892,270.27 from ¥5,365,739,091.18, reflecting an increase of 0.39%[42] - The company's total equity remained stable at ¥2,210,521,049.61 for both reporting dates, indicating no changes in owner’s equity[86] Operational Highlights - The company reported non-operating income of CNY 870,174.89 after tax adjustments[9] - The company did not engage in any repurchase transactions during the reporting period[16] - The company reported no derivative investments during the reporting period[28] - There were no significant changes in the company's major contracts or external guarantees during the reporting period[31][32] - The company did not engage in any entrusted wealth management activities during the reporting period[31] Changes in Financial Metrics - The weighted average return on net assets decreased by 1.10 percentage points to 0.26% from 1.36% year-on-year[9] - The fair value change income for Q1 2021 was -35,873,041.03 CNY, a decline of 201.87% compared to 35,213,586.19 CNY in Q1 2020, primarily due to fluctuations in the fair value of financial products held by Zhongshan Securities[19] - The company's deferred tax liabilities increased by 389.32% to 4,819,591.05 CNY, primarily due to penalties related to construction defaults[19] - The company's operating expenses for Q1 2021 included a 97.45% decrease in non-operating income, totaling 782,922.61 CNY, compared to 30,708,588.36 CNY in the same period last year[19] Other Financial Information - The company has implemented new leasing standards effective from January 1, 2021, which has impacted the financial statements[82] - The first quarter report for 2021 has not been audited, which may impact the reliability of the financial data presented[89]