富春股份(300299) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥91,754,902.25, a decrease of 13.01% compared to ¥105,480,551.71 in the same period last year[7] - The net profit attributable to shareholders for Q1 2021 was ¥11,225,070.56, down 24.63% from ¥14,892,415.03 in the previous year[7] - The net cash flow from operating activities was ¥1,304,480.72, a significant decline of 95.78% compared to ¥30,896,950.58 in the same period last year[7] - In Q1 2021, the company achieved operating revenue of 91.75 million yuan, a decrease of 13.01% year-on-year, primarily due to the disposal of the Mochikaka equity at the end of last year, which is no longer included in the consolidated financial statements[18] - The net profit attributable to shareholders was 11.23 million yuan, a decrease of 24.63% compared to the same period last year[19] - The total operating revenue for Q1 2021 was CNY 91,754,902.25, a decrease of 13.06% compared to CNY 105,480,551.71 in the same period last year[46] - The total profit for Q1 2021 was CNY 13,833,181.46, a decrease of 10.87% from CNY 15,505,605.74 in the previous year[47] - The comprehensive income total for Q1 2021 was CNY 11,904,860.07, compared to CNY 14,274,204.90 in the same period last year, reflecting a decline of 16.73%[47] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,191,709,525.74, reflecting a 1.62% increase from ¥1,172,732,714.42 at the end of the previous year[7] - The total liabilities rose to ¥720,337,401.01, compared to ¥713,248,802.66, marking a slight increase of 1.5%[38] - Total current liabilities were CNY 712,701,657.04, with short-term borrowings at CNY 235,705,286.30[64] - The company’s total non-current assets reached CNY 668,377,506.08, with long-term equity investments at CNY 649,680,840.02[64] Shareholder Information - The net assets attributable to shareholders increased by 2.50% to ¥460,256,737.80 from ¥449,043,530.35 at the end of the previous year[7] - The total number of ordinary shareholders at the end of the reporting period was 40,197[10] - The largest shareholder, Fujian Fuchun Investment Co., Ltd., held 14.88% of the shares, amounting to 102,868,158 shares, with 50,833,000 shares pledged[10] Investment and R&D - Long-term equity investments increased by 68.03% to 163.48 million yuan, mainly due to the capital increase in subsidiary Shanghai Junmeng's investment in Game L[17] - Research and development expenses rose by 103.50% to 23.24 million yuan, reflecting increased investment in R&D resources by subsidiary Shanghai Junmeng[17] - The company aims to enhance its competitive edge by increasing R&D investment and acquiring quality IPs in the gaming sector[21] Cash Flow - The company’s cash inflow from operating activities was 133.45 million yuan, a decrease of 41.67% compared to the previous period[17] - As of March 31, 2021, the company’s cash and cash equivalents decreased to approximately 85.32 million yuan from 102.76 million yuan at the end of 2020, representing a decline of about 16.9%[36] - The total cash outflow from operating activities amounted to 132,142,424.93 CNY, down from 197,894,168.43 CNY year-over-year, reflecting a decrease of about 33.1%[54] - Cash and cash equivalents at the end of the period were 63,148,864.82 CNY, down from 160,531,701.15 CNY, representing a decrease of about 60.7%[55] Legal and Compliance - The company has initiated legal proceedings against the compensation obligors for the unfulfilled performance commitments for the years 2018 and 2019, which remain outstanding[30] - The company plans to communicate and supervise the compensation obligations with the relevant parties to ensure compliance with the agreed terms[27] - The company has not reported any violations regarding external guarantees during the reporting period[31] Other Financial Metrics - The weighted average return on equity decreased to 2.47% from 2.94% in the previous year[7] - The company reported non-recurring gains and losses totaling ¥457,081.54, which included government subsidies and other income[8] - The company reported a significant increase in payments to employees, totaling 60,928,002.75 CNY, compared to 37,476,001.79 CNY in the previous year, marking an increase of approximately 62.5%[54]