越秀资本(000987) - 2021 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2021 was RMB 2,346,171,473.10, a decrease of 30.38% compared to RMB 4,484,476,501.54 in the same period last year[13] - Net profit attributable to shareholders was RMB 569,415,712.10, reflecting a significant decline of 83.85% from RMB 3,525,174,206.66 year-on-year[13] - The net profit after deducting non-recurring gains and losses increased by 129.41% to RMB 565,033,226.72 from RMB 246,294,366.44 in the previous year[13] - Basic and diluted earnings per share were both RMB 0.207, down 83.84% from RMB 1.281 in the previous year[13] - The weighted average return on equity decreased by 16.34 percentage points to 2.41% from 18.75% year-on-year[13] - The net profit for Q1 2021 was CNY 796,486,700.11, a decrease of 78.3% compared to CNY 3,669,701,325.07 in the same period last year[57] - The total profit for Q1 2021 was CNY 1,008,403,967.66, down from CNY 3,825,290,776.00, reflecting a decline of 73.7% year-over-year[57] - The total comprehensive income for Q1 2021 was CNY 701,157,605.82, significantly lower than CNY 3,671,606,343.15 from the previous year, marking a decline of 80.9%[58] Cash Flow - The net cash flow from operating activities improved by 73.48%, reaching RMB -378,363,684.78 compared to RMB -1,426,509,034.01 in the same period last year[13] - Cash inflows from operating activities totaled CNY 12,126,932,764.58, a substantial increase from CNY 5,610,899,227.54 in the same period last year, reflecting a growth of 116.8%[64] - The net cash flow from operating activities was -378,363,684.78 CNY, an improvement from -1,426,509,034.01 CNY in the previous year[65] - The net cash flow from investing activities was -2,604,067,846.57 CNY, compared to -15,431,976,414.17 CNY in the same period last year[66] - The net cash flow from financing activities increased to 9,872,483,842.35 CNY, up from 5,346,098,036.24 CNY year-over-year[66] - The company’s cash flow from operating activities showed a significant recovery, with cash inflow totaling 2,099,904,820.36 CNY compared to 37,308,287.82 CNY in the previous year[68] Assets and Liabilities - Total assets at the end of the reporting period were RMB 136,276,270,233.23, an increase of 9.86% from RMB 124,046,119,823.04 at the end of the previous year[13] - Total assets as of March 31, 2021, amounted to CNY 39,805,895,107.23, compared to CNY 37,156,903,560.66 at the end of 2020, indicating a growth of 7.1%[52] - The company's total liabilities rose to ¥103.57 billion, compared to ¥92.72 billion at the end of 2020, reflecting an increase of 11.6%[48] - The total liabilities decreased by 46.16% for notes payable to CNY 261,084,800.00 from CNY 484,900,000.00, mainly due to a reduction in bank acceptance bills payable[22] - The total amount of long-term borrowings was approximately CNY 27.46 billion[74] Shareholder Information - Net assets attributable to shareholders increased by 1.80% to RMB 23,868,175,974.39 from RMB 23,446,969,196.89 at the end of the previous year[13] - Total number of common shareholders at the end of the reporting period is 99,657[17] - The equity attributable to shareholders of the parent company was CNY 23,868,175,974.39, compared to CNY 23,446,969,196.89, showing an increase of 1.8%[49] Investment Activities - The company reported non-recurring gains of RMB 4,382,485.38, primarily from government subsidies and other income[14] - The company completed a capital increase of 1.567 billion CNY in Guangzhou Asset, raising its ownership from 65% to 71%[31] - The company issued asset-backed notes with a total scale of 4.30 billion CNY at an interest rate of 3.70%[30] - The company has increased its investment in various funds, including a 39.189 million CNY investment in the Three Gorges Jinshi Equity Investment Fund[35] Debt Management - The company reported a credit impairment loss of CNY 28,289,061.88, compared to a loss of CNY 49,387,091.91 in the previous year, showing an improvement[59] - The report indicates a significant focus on debt management with a total of CNY 17.14 billion in bonds payable[74] Other Information - The company underwent a reclassification of its industry from "Financial Services - Capital Market Services" to "Financial Services - Other Financial Services" following a major asset sale[12] - The company has no share repurchase activities during the reporting period[32] - There were no major contracts affecting daily operations during the reporting period[40] - The company did not engage in any equity financing during the reporting period, and the use of funds from bond issuance was consistent with the commitments in the corresponding prospectus[39] - The company implemented new leasing standards starting January 1, 2021, affecting financial statement adjustments[75]