凯文教育(002659) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥94,498,838.25, representing a 15.33% increase compared to ¥81,937,551.77 in the same period last year[7] - The net profit attributable to shareholders was -¥15,543,715.92, an improvement of 8.38% from -¥16,965,392.46 year-on-year[7] - The company reported a net loss of CNY 195,862,328.57 in retained earnings, compared to a loss of CNY 180,318,612.65 in the previous period[34] - Operating profit improved to -¥20,747,273.75 compared to -¥22,888,406.59 in the previous year, showing a reduction in losses[41] - Net profit for the quarter was -¥16,352,452.27, slightly better than -¥17,739,863.74 from the same period last year, indicating a year-over-year improvement of about 7.8%[41] - Basic and diluted earnings per share remained at -¥0.03, consistent with the previous year[42] Cash Flow - The net cash flow from operating activities was -¥86,480,438.82, which is a decline of 9.91% compared to -¥78,683,119.04 in the previous year[7] - Cash received from sales of goods and services increased by 31.12% compared to the previous period, mainly due to an increase in tuition fees received[15] - Cash received from tax refunds increased by 100.00% compared to the previous period, mainly due to the refund of VAT credits[15] - Cash received from other operating activities increased by 304.15% compared to the previous period, mainly due to increased interest income[15] - The company reported a cash inflow of 186,365,325.18 CNY from operating activities, down from 419,500,000.00 CNY in the previous year[51] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,861,744,337.96, down 6.14% from ¥4,114,438,418.81 at the end of the previous year[7] - Total liabilities decreased from CNY 1,634,675,595.25 to CNY 1,398,255,281.70, a decrease of about 14.43%[33] - Current liabilities decreased from CNY 582,175,595.25 to CNY 358,255,281.70, a reduction of approximately 38.59%[33] - The company maintained long-term borrowings at CNY 1,040,000,000.00, unchanged from the previous period[33] - Total equity attributable to shareholders decreased from CNY 2,475,435,882.39 to CNY 2,459,970,851.44, a decline of approximately 0.62%[34] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,215[10] - The largest shareholder, Ba Da Chu Holdings Group, holds 28.84% of the shares, totaling 172,519,294 shares[10] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[11] Operational Metrics - Total operating costs increased to ¥118,651,588.20 from ¥105,745,383.54, representing a growth of approximately 12.5% year-over-year[40] - Other income for the quarter was ¥878,099.51, down from ¥915,039.40 year-over-year, indicating a decline of about 4.0%[40] - Financial expenses decreased to ¥15,773,011.38 from ¥17,340,619.96, a reduction of approximately 9.0%[40] - Tax expenses decreased to -¥4,394,821.48 from -¥5,148,542.85, showing a reduction of about 14.6%[41] Investment Activities - The company received 1,185,000,000.00 CNY from investment recoveries, reflecting a strong investment recovery strategy[51] - The total cash outflow from investment activities was 1,203,369,677.57 CNY, a significant increase from 40,617,836.82 CNY in the previous year[49] - The net cash flow from investment activities was -16,214,143.34 CNY, an improvement from -39,966,914.14 CNY year-over-year[49] Financial Reporting - The first quarter report was not audited, indicating preliminary financial data[60] - The company has not made any significant announcements regarding new products or market expansion in this report[60] - There were no adjustments made to the previous financial data under the new leasing standards[60] - The company is adjusting its financial statements in accordance with new leasing standards, which may affect future financial reporting[54]