长江证券(000783) - 2021 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2021 was CNY 1,966,019,980.38, representing a 43.91% increase compared to CNY 1,366,108,706.47 in the same period last year[3] - Net profit attributable to shareholders was CNY 701,424,884.14, up 64.53% from CNY 426,313,988.38 year-on-year[3] - Net profit excluding non-recurring gains and losses reached CNY 691,365,563.32, a 61.59% increase from CNY 427,860,826.64 in the previous year[3] - Basic earnings per share increased to CNY 0.13, reflecting a 62.50% rise from CNY 0.08 in the same quarter last year[3] - Total income from other business surged by 1540.74% to ¥64,380,913.44 from ¥3,923,890.08, primarily due to increased revenue from subsidiary trade sales[11] - The company reported a significant increase in brokerage business net income, which reached RMB 925,085,262.36, up from RMB 730,671,324.82, indicating a growth of about 26.5%[24] - Operating profit for the quarter was RMB 933,511,815.65, up from RMB 588,529,016.84, indicating an increase of approximately 58.6%[24] - The company reported a loss of RMB 346.92 million from fair value changes in its securities investments during the reporting period[16] Assets and Liabilities - Total assets at the end of the reporting period were CNY 145,205,378,985.46, an 8.03% increase from CNY 134,409,613,584.04 at the end of the previous year[3] - The total assets of the consolidated entity amounted to RMB 145.21 billion, up from RMB 134.41 billion at the end of 2020, indicating an increase of about 8%[23] - The total liabilities of the consolidated entity were RMB 115.32 billion, an increase from RMB 105.16 billion, showing a rise of about 9.8%[23] - The company's financial liabilities decreased by 44.36% to ¥43,922,380.29 from ¥78,937,816.19, reflecting a reduction in payable amounts to structured entities[11] - Total liabilities reached CNY 105,586,494,944.61, reflecting an increase of CNY 430,290,521.62[30] - The total liabilities decreased by CNY 338,292,904.38 compared to the previous period[34] Cash Flow - Net cash flow from operating activities was CNY 1,142,256,798.93, a significant decrease of 75.88% from CNY 4,735,657,259.16 in the same period last year[3] - The company's cash flow from operating activities showed a significant decrease of 75.88% to ¥1,142,256,798.93 from ¥4,735,657,259.16, influenced by changes in customer transaction settlement funds[12] - The total cash inflow from operating activities reached CNY 13,240,116,651.99, compared to CNY 11,789,232,145.84 in the same period last year, indicating an increase of about 12.3%[27] - The cash outflow from operating activities was CNY 12,097,859,853.06, up from CNY 11,140,855,933.88 in Q1 2020, reflecting a rise of approximately 8.6%[27] - The net cash flow from financing activities was CNY 3,955,154,300.61, compared to CNY 2,707,620,273.25 in Q1 2020, marking an increase of approximately 46.2%[27] Shareholder Information - The top shareholder, New Liyi Group Co., Ltd., holds 14.89% of shares, amounting to 823,332,320 shares, with 354,149,000 shares pledged[7] - The total equity attributable to shareholders of the parent company was RMB 29.72 billion, compared to RMB 29.08 billion at the end of 2020, reflecting a growth of approximately 2.2%[23] - Total shareholder equity amounted to CNY 28,117,509,521.28[34] Regulatory and Compliance - The company obtained approval from the China Securities Regulatory Commission to issue bonds totaling up to RMB 15 billion, with the first phase of issuance completed at RMB 4.1 billion at a coupon rate of 3.74%[13] - The company did not have any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[15] - There were no violations regarding external guarantees during the reporting period[20] - The first quarter report was unaudited[35] - The company did not apply the new leasing standards for retrospective adjustment[34] Investment Activities - The company raised RMB 4.1 billion from the public bond issuance, primarily for working capital and repaying maturing debts, with RMB 4.099 billion already utilized[18] - The total initial investment cost of the company's securities investments was approximately RMB 59.92 billion, with a year-end book value of about RMB 59.93 billion[16] - The company’s total financial assets at fair value amounted to approximately RMB 49.33 billion at the end of the reporting period[16]