财信发展(000838) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥500,718,338.63, representing a 210.71% increase compared to ¥161,150,995.25 in the same period last year[7]. - The net profit attributable to shareholders was -¥29,869,479.45, a decrease of 6.37% from -¥28,079,458.81 year-on-year[7]. - The basic and diluted earnings per share were both -¥0.0271, reflecting a 6.27% decline compared to -¥0.0255 in the same period last year[7]. - The net profit for the first quarter was a loss of CNY 33,895,073.34, compared to a loss of CNY 37,002,801.01 in the same period last year[37]. - The company reported a total profit loss of CNY 33,233,475.48 for the quarter, compared to a loss of CNY 37,400,845.50 in the previous year[37]. Cash Flow - The net cash flow from operating activities improved significantly to ¥548,166,987.59, compared to -¥303,478,408.85 in the previous year, marking a 280.63% increase[7]. - The net cash flow from operating activities for Q1 2021 was ¥548,166,987.59, a significant improvement compared to a negative cash flow of ¥303,478,408.85 in Q1 2020, indicating a turnaround in operational performance[45]. - Total cash outflow from operating activities amounted to ¥1,732,915,732.86, up from ¥1,440,815,336.04 in the previous year, reflecting increased operational expenditures[45]. - Cash inflow from operating activities totaled CNY 2,281,082,720.45, significantly higher than CNY 1,137,336,927.19 in the previous period[44]. - The ending cash and cash equivalents balance was ¥1,371,794,710.89, down from ¥1,475,730,109.58 at the end of Q1 2020, reflecting overall cash management challenges[46]. Assets and Liabilities - Total assets at the end of the reporting period were ¥18,254,097,146.14, a slight increase of 0.44% from ¥18,173,585,445.03 at the end of the previous year[7]. - The total liabilities reached CNY 15,400,843,449.35, compared to CNY 15,262,072,209.15 in the previous period, reflecting an increase in financial obligations[29]. - The total liabilities amounted to CNY 15,262,072,209.15, with a slight decrease of CNY 31,860,478.00 compared to the previous period[53]. - Current liabilities totaled CNY 12,733,215,214.23, reflecting a decrease of CNY 12,487,265.96 from the prior period[53]. - Non-current liabilities were CNY 2,528,856,994.92, showing a decrease of CNY 19,373,212.04 compared to the previous period[53]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 53,365[11]. - The largest shareholder, Chongqing Caixin Real Estate Development Co., Ltd., held 61.63% of the shares, amounting to 678,220,207 shares[11]. - The total equity attributable to shareholders of the parent company was CNY 1,937,976,755.95, down from CNY 1,967,846,235.40[30]. - The company's equity attributable to shareholders was CNY 1,967,846,235.40, remaining unchanged from the previous period[53]. Investment and Expenses - The company's investment income for Q1 2021 was a loss of ¥1,827,045.83, a significant decline of 1769.08% compared to a gain of ¥109,464.44 in Q1 2020, primarily due to reduced investment returns from joint ventures[16]. - Research and development expenses were CNY 92,489.66, down from CNY 290,397.80 in the previous period[36]. - The company incurred financial expenses of CNY 11,786,785.76, slightly lower than CNY 12,594,327.31 from the previous year[36]. - The company reported a significant increase in prepayments, which rose by 256.39% to ¥60,461,783.14, compared to ¥16,964,915.85 in the previous period, due to new prepayments for infrastructure[15]. Tax and Deferred Income - The company's deferred income tax assets increased by 49.84% to ¥229,757,205.26, up from ¥153,340,000.60, attributed to an increase in deductible temporary differences[15]. - The deferred income tax assets rose to CNY 229,757,205.26 from CNY 153,340,000.60, suggesting improved tax asset management[30]. Financial Reporting - The company has not undergone an audit for the first quarter report[57]. - The financial statements were prepared in accordance with the new leasing standards effective from 2021, impacting the retained earnings and related financial statement items[57].