南极电商(002127) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 reached ¥812,747,718.93, representing a year-over-year increase of 20.99%[10] - Net profit attributable to shareholders was ¥134,002,435.49, up 4.28% compared to the same period last year[10] - The net profit after deducting non-recurring gains and losses was ¥128,119,192.71, reflecting a growth of 23.73% year-over-year[10] - The company's operating revenue for the reporting period was RMB 812.75 million, an increase of 20.99% year-on-year, mainly driven by the growth of the subsidiary's business scale[32] - The company's total operating revenue for the first quarter reached CNY 812,747,718.93, an increase from CNY 671,763,131.78 in the previous period, representing a growth of approximately 20.9%[74] - Net profit for the period was CNY 133,171,253.77, compared to CNY 128,496,363.97 in the same period last year, reflecting a growth of approximately 3.1%[80] - The company reported a total of 1,388,436,575.46 in current assets, indicating no change[111] Cash Flow and Liquidity - The company's cash flow from operating activities improved to -¥283,791,601.71, a 23.00% reduction in losses compared to the previous year[10] - The net cash flow from operating activities was RMB -283.79 million, an increase of 23.26% year-on-year, attributed to an increase in cash received from sales of goods and services[37] - The cash flow from operating activities shows a net outflow of CNY -283,791,601.71, an improvement from CNY -369,792,836.93 in the previous period[93] - Cash inflow from operating activities totaled 67,065,375.14, an increase from 51,713,409.39 in the prior period[98] - Cash outflow from operating activities was 96,494,135.90, significantly higher than 50,597,977.23 in the previous period[98] - The ending cash and cash equivalents balance was 34,040,048.93, down from 40,134,398.15 in the previous period[101] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,742,629,673.13, a decrease of 11.74% from the end of the previous year[10] - The company's total assets amounted to CNY 5,742,629,673.13, a decrease from CNY 6,506,344,387.41 at the end of 2020, reflecting a decline of approximately 11.75%[56] - The company's total liabilities decreased to CNY 593,609,447.19 from CNY 724,426,319.14, a reduction of about 18.1%[62] - Total liabilities stood at CNY 1,234,492,383.09, compared to CNY 542,860,177.20 in the previous period, showing a significant increase[72] - Total liabilities decreased from 813,161,801.43 to 724,426,319.14, a reduction of 10.9%[107] - Total assets increased from 5,355,629,623.00 to 5,378,146,953.45, reflecting a growth of 0.4%[111] Shareholder Activities - The company repurchased a total of 72,492,381 shares, accounting for 2.95% of the total share capital, with a total payment of RMB 699.85 million[38] - The company plans to continue share buybacks with a total amount not less than RMB 3 billion and not exceeding RMB 5 billion, with a buyback price not exceeding RMB 15 per share[39] Marketing and Growth Strategies - The company plans to expand its digital marketing services through partnerships with major short video platforms, enhancing its media resource capabilities[18] - The company plans to continue expanding its market presence and investing in new technologies, although specific figures were not disclosed in the report[82] Inventory and Receivables - The company's accounts receivable increased by 12.25% year-on-year to RMB 1,265.30 million, primarily due to new loans in the factoring business[30] - The company's inventory increased by 626.22% year-on-year to RMB 889.68 million, mainly due to stock buybacks during the reporting period[31] Tax and Financial Expenses - The company's tax expenses increased by 115.76% year-on-year to RMB 13.94 million, mainly due to the growth in pre-tax profits of certain subsidiaries[36] - The company's financial expenses decreased by 130.21% year-on-year to RMB -16.05 million, due to higher interest income from large fixed deposits[33] Investment Income - The company reported a net investment income of RMB 1.80 million, a decrease of 83.64% year-on-year, due to a reduction in the amount of matured financial products[34] - The company recorded investment income of CNY 1,797,137.64, a decrease from CNY 10,984,238.29 in the previous period[77]