光环新网(300383) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,959,759,515.50, representing a decrease of 18.82% compared to ¥2,414,014,970.04 in the same period last year[3]. - Net profit attributable to shareholders was ¥223,900,118.18, a slight increase of 1.38% from ¥220,860,218.40 year-on-year[3]. - The net cash flow from operating activities increased by 42.68% to ¥333,552,192.21, compared to ¥233,768,746.01 in the previous year[3]. - Basic and diluted earnings per share rose to ¥0.15, reflecting a growth of 7.14% from ¥0.14 in the same period last year[3]. - The total operating revenue of CNY 1,959.76 million, a year-on-year decrease of 18.82%[13]. - The net profit attributable to shareholders was CNY 223.90 million, a year-on-year increase of 1.38%[13]. - The net profit for Q1 2021 was CNY 209.46 million, compared to CNY 217.17 million in Q1 2020, indicating a decrease of about 3.29%[49]. - The total comprehensive income for Q1 2021 was CNY 209.46 million, compared to CNY 217.17 million in the same period last year, a decrease of approximately 3.29%[50]. Assets and Liabilities - Total assets at the end of the reporting period were ¥13,645,292,365.19, up 0.73% from ¥13,546,467,264.87 at the end of the previous year[3]. - The total amount of raised funds is 287,454.52 million CNY, with 274,089.13 million CNY already invested[31]. - The total liabilities decreased to CNY 4,184,808,840.94 from CNY 4,295,438,776.57 year-over-year[44]. - The company's total equity remained stable at CNY 9,251,028,488.30 as of January 1, 2021[61]. Cash Flow - The company's cash and cash equivalents decreased by 200.31% to CNY -892.59 million, mainly due to reduced bank borrowings and repayments of due bank loans[12]. - Operating cash inflow for the first quarter was CNY 1.83 billion, down from CNY 2.31 billion year-over-year, representing a decline of about 20.7%[55]. - The net cash flow from investment activities was negative CNY 363.44 million, slightly improved from negative CNY 390.34 million year-over-year[55]. - The ending cash and cash equivalents balance was CNY 1.13 billion, down from CNY 766.40 million at the end of the previous year[56]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 117,124, with the largest shareholder holding 29.99% of the shares[6]. - The top ten shareholders did not engage in any repurchase transactions during the reporting period[7]. Research and Development - Research and development expenses increased by 51.10% to CNY 588.56 million due to increased investment in R&D[10]. - Research and development expenses increased to CNY 58.86 million in Q1 2021, up from CNY 38.95 million in Q1 2020, representing a growth of approximately 50.96%[48]. Operational Developments - The company plans to expand its data center projects in various regions, including a new project in Hangzhou with a planned capacity of 10,000 5KW standard cabinets[14]. - The company is set to launch the third availability zone for Amazon Web Services (AWS) in Beijing later in 2021, enhancing infrastructure service reliability[16]. - The first phase of the Fangshan project has reached cooperation intentions with clients, and the second phase has completed the main construction[14]. - The company has initiated the issuance of shares to specific targets, which is expected to accelerate the construction of data centers and support IDC business development[28]. Risk Management - The company is facing increased operational management risks due to the rapid expansion of its business scale, necessitating improvements in governance and management capabilities[23]. - The company is actively managing its subsidiaries to ensure stable operations and performance levels for its data center businesses[24]. Future Plans - The company plans to continue focusing on market expansion and new technology development in the upcoming quarters[58]. - The company plans to raise 500 million CNY for the construction of the Fangshan Green Cloud Computing Data Center Phase II project and other related projects[29].