安凯客车(000868) - 2021 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2021 was ¥385,254,944.41, representing a 41.26% increase compared to ¥272,720,526.02 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥19,238,837.51, an improvement from a loss of ¥43,978,152.60 in the previous year[8] - The company's operating revenue for 2021 reached ¥385,254,944.41, representing a year-on-year increase of 41.26% due to increased sales volume[17] - The net loss for Q1 2021 was CNY 24,262,186.05, an improvement from a net loss of CNY 48,553,109.99 in Q1 2020[42] - The company’s basic and diluted earnings per share were both reported at -0.03, an improvement from -0.06 in the previous year[42] Cash Flow and Liquidity - The net cash flow from operating activities was ¥12,069,936.54, a significant recovery from a negative cash flow of ¥210,752,255.83 in the same period last year[8] - Cash inflows from operating activities reached CNY 597,473,262.30, compared to CNY 221,319,591.70 in the previous year, indicating a substantial increase of 170.0%[48] - The company reported a total cash and cash equivalents balance of ¥156,775,488.98 at the end of Q1 2021, down from ¥237,353,186.45 at the end of Q1 2020[50] - The company experienced a net decrease in cash and cash equivalents of -¥400,928,013.44 in Q1 2021, compared to -¥231,913,378.06 in the same period last year[50] Assets and Liabilities - Total assets decreased by 11.67% to ¥4,515,564,466.27 from ¥5,111,885,944.93 at the end of the previous year[8] - The total liabilities decreased to CNY 3,706,545,723.32 from CNY 4,140,010,122.81, reflecting a reduction of approximately 10.5%[38] - The company’s total equity decreased to CNY 459,172,005.77 from CNY 484,440,806.90, a decline of about 5.2%[38] - The total assets as of March 31, 2021, were CNY 4,165,717,729.09, down from CNY 4,624,450,929.71 at the end of 2020, indicating a decline of about 9.9%[38] Operating Costs and Expenses - Operating costs amounted to ¥366,381,884.15, reflecting a year-on-year increase of 37.70%, also attributed to higher sales volume[17] - The total operating costs amounted to CNY 454,133,462.73, up from CNY 351,092,017.28, reflecting a year-over-year increase of 29.4%[41] - Financial expenses decreased by 38.12% to ¥11,625,474.57, primarily due to reduced interest expenses from bank loan repayments[17] - The company incurred financial expenses of CNY 11,625,474.57, a decrease of 38.2% from CNY 18,786,063.75 in the same period last year[41] Investments and Other Income - Investment income surged by 112.82% to ¥403,382.71, driven by increased investment income from joint ventures[17] - The investment income for the quarter was CNY 403,382.71, a significant recovery from a loss of CNY 3,146,817.83 in the same quarter last year[41] Receivables and Inventory - The company reported a significant reduction in accounts receivable financing by 71.39% to ¥14,826,496.96 due to a decrease in bank acceptance bills[16] - Accounts receivable increased to ¥1,050,043,994.91 from ¥960,462,606.69, suggesting a rise in credit sales[31] - Inventory rose to CNY 49,844,901.44 from CNY 34,557,294.65, marking an increase of approximately 44.3%[35] Shareholder Activities - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13] - The company did not engage in any securities or derivative investments during the reporting period[20][21] Compliance and Standards - The company did not adjust the balance sheet items at the beginning of the year under the new leasing standards, indicating compliance with the new regulations[54]