招商公路(001965) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,938,695,877.71, representing a 120.60% increase compared to the same period last year[4] - Net profit attributable to shareholders was ¥1,236,204,885.00, a significant turnaround from a loss of ¥714,453,483.33 in the previous year, marking a 271.90% increase[4] - The net profit after deducting non-recurring gains and losses was ¥1,222,271,586.18, up 269.84% year-on-year[4] - Basic earnings per share were ¥0.1910, compared to a loss of ¥0.1156 in the previous year, reflecting a 264.09% improvement[4] - Net profit for Q1 2021 was CNY 1,371,842,712.30, representing a 290.62% increase from a net loss of CNY 719,661,487.93 in the same period last year[13] - The total comprehensive income for the quarter was CNY 1.34 billion, compared to a loss of CNY 734.98 million in the same period last year[32] - The company reported a total profit for the quarter of CNY 1.49 billion, a significant recovery from a loss of CNY 686.64 million in the same period last year[31] Cash Flow - The net cash flow from operating activities reached ¥741,095,571.22, an increase of 207.88% compared to the same period last year[4] - The net cash flow from operating activities for Q1 2021 was ¥741,095,571.22, a significant increase from ¥240,709,551.02 in Q1 2020, representing a growth of approximately 208.5%[35] - Total cash inflow from operating activities amounted to ¥2,147,322,837.74, compared to ¥1,801,950,829.66 in the previous year, indicating an increase of about 19.2%[35] - Cash outflow from operating activities decreased to ¥1,406,227,266.52 from ¥1,561,241,278.64, reflecting a reduction of approximately 9.9%[35] - The net cash flow from investing activities was -¥561,891,739.76, a decrease from -¥5,508,733,325.30 in the same period last year, showing an improvement of about 89.8%[36] - Cash inflow from investing activities totaled ¥165,809,017.40, compared to ¥323,504.40 in the previous year, marking a substantial increase[36] - Cash outflow from investing activities was ¥727,700,757.16, significantly lower than ¥5,509,056,829.70 in Q1 2020, indicating a reduction of approximately 86.8%[36] - The net cash flow from financing activities was -¥1,203,925,757.19, compared to ¥4,347,390,500.16 in the previous year, reflecting a decrease of about 127.7%[36] Assets and Liabilities - Total assets at the end of the reporting period were ¥94,579,574,659.88, a 0.61% increase from the end of the previous year[4] - The company's total assets amounted to CNY 94.58 billion, an increase from CNY 94.01 billion at the end of 2020[22] - The company's current assets decreased to CNY 10.17 billion from CNY 10.92 billion, reflecting a decline of approximately 6.6%[22] - Total liabilities decreased to CNY 33.54 billion from CNY 34.28 billion, a reduction of about 2.1%[24] - The total equity attributable to shareholders rose to CNY 56.13 billion from CNY 54.95 billion, marking an increase of approximately 2.1%[25] - The company's total liabilities decreased to CNY 34,275,443,413.87, down by CNY 258,323,695.91 from the previous period[42] - Current liabilities amounted to CNY 11,056,824,203.64, with a decrease of CNY 21,282,527.89 compared to the previous period[42] Investments and Expenses - Research and development expenses rose by 30.21% to CNY 39,118,656.36, reflecting increased investment in R&D activities[12] - The company recognized an investment income of CNY 966,983,626.21 in Q1 2021, a significant increase of 339.97% compared to a loss of CNY 402,963,594.55 in the previous year[12] - The company reported an investment income of ¥966,983,626.21, a significant turnaround from a loss of ¥402,963,594.55 in the same period last year[30] - The company incurred research and development expenses of CNY 569,946.50, a notable increase from CNY 8,840.82 in the previous year[32] Shareholder Information - The top shareholder, China Merchants Group, holds 68.65% of the shares, indicating strong control over the company[7] - The company reported a decrease in undistributed profits by CNY 23,130,953.25, totaling CNY 4,965,179,378.35[46] Other Financial Metrics - The weighted average return on equity was 2.35%, a recovery from -1.46% in the same period last year[4] - The company reported a significant increase in cash received from other operating activities, totaling ¥237,761,273.96, compared to ¥659,444,574.73 in the previous year, indicating a decrease of approximately 64.0%[35] - The company’s other comprehensive income showed a loss of CNY 681.22 million, compared to a loss of CNY 648.61 million in the previous period[25]