幸福蓝海(300528) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥253,968,999.64, representing a 529.79% increase compared to ¥40,325,980.69 in the same period last year[8] - The net profit attributable to shareholders was -¥4,216,819.60, a 95.86% improvement from -¥101,881,468.69 year-over-year[8] - The net cash flow from operating activities reached ¥286,747,043.59, a significant increase of 6,107.64% compared to -¥4,773,040.95 in the previous year[8] - The basic earnings per share improved to -¥0.0113 from -¥0.2734, reflecting a 95.86% increase[8] - The weighted average return on net assets improved to -0.43% from -7.76% year-over-year, an increase of 7.33%[8] - The net loss for Q1 2021 was CNY 6,040,518.25, compared to a net loss of CNY 107,677,979.36 in Q1 2020, showing an improvement of 94.4%[48] - The total comprehensive income for Q1 2021 was a loss of CNY 1,965,584.91, compared to a loss of CNY 1,395,248.31 in Q1 2020, showing a worsening of 41%[51] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,617,578,504.79, up 53.32% from ¥2,359,527,972.49 at the end of the previous year[8] - The company's net assets attributable to shareholders decreased by 23.73% to ¥743,801,149.59 from ¥975,244,061.35 at the end of the previous year[8] - Total liabilities rose to ¥2,947,648,543.01 from ¥1,447,863,538.49, indicating an increase of approximately 103.5%[39] - The company's total equity decreased to ¥669,929,961.78 from ¥911,664,434.00, a decline of about 26.4%[41] - The total liabilities increased to ¥2,835,556,127.57 as of January 1, 2021, with a significant rise in non-current liabilities by ¥1,387,692,589.08[61] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,316[12] - The largest shareholder, Jiangsu Broadcasting Group, holds 47.28% of the shares, totaling 176,160,654 shares[12] Operational Activities - The company opened 9 new cinemas with 41 screens in Q1 2021, including 8 rural cinemas[26] - The company faced challenges from the ongoing impact of the COVID-19 pandemic, particularly in overseas film supply[26] - The company is actively pursuing litigation against former shareholders of Di Nu Media to protect its interests amid ongoing disputes[27] - The company is implementing cost-cutting measures and exploring new profit growth points to mitigate the impact of the pandemic[27] Cash Flow and Investments - The investment income for Q1 2021 was CNY 664,755.31, a recovery from a loss of CNY 2,703,054.52 in the same period last year[47] - The net cash flow from investing activities in Q1 2021 was negative at -¥130,284,445.95[58] - The cash flow from financing activities showed a net outflow of -¥442,582.29, primarily due to dividend payments[58] Costs and Expenses - Total operating costs for Q1 2021 amounted to CNY 263,093,368.06, up from CNY 146,800,965.95 in the previous year, indicating a rise of 79.5%[47] - The company reported a significant increase in sales expenses, which reached CNY 111,511,948.05 in Q1 2021, compared to CNY 97,981,267.49 in Q1 2020, an increase of 13.7%[47] - Financial expenses increased by 144.65% to 20.95 million yuan, attributed to new accounting regulations affecting lease liabilities[20] Cash and Equivalents - The company's cash and cash equivalents increased to ¥646,058,732.69 as of March 31, 2021, up from ¥565,083,139.85 at the end of 2020, representing a growth of approximately 14.3%[37] - Cash and cash equivalents at the end of Q1 2021 totaled CNY 640,334,991.63, up from CNY 406,356,521.95 at the end of Q1 2020, indicating a 57.5% increase[55] Compliance and Audits - The company has not reported any violations regarding external guarantees during the reporting period[30] - There were no overdue commitments from major shareholders or related parties during the reporting period[31] - The company has not undergone an audit for the Q1 2021 report[68]