Financial Performance - Operating revenue surged by 386.82% to CNY 222,820,177.61 from CNY 45,770,175.90 in the same period last year[13] - Net profit attributable to shareholders reached CNY 22,534,587.82, a 131.78% increase from a loss of CNY 70,898,879.17 in the previous year[13] - Basic earnings per share improved to CNY 0.05 from a loss of CNY 0.19 in the same period last year, marking a 126.32% increase[13] - The company’s net profit for Q1 2021 was RMB 210.88 million, a 126.10% increase from a net loss of RMB 80.81 million in the same period last year[27] - The operating profit for Q1 2021 was ¥24,388,006.18, compared to an operating loss of ¥93,369,947.74 in the same period last year[48] - The net profit for Q1 2021 reached ¥5,261,288.69, compared to a net loss of ¥5,161,719.16 in Q1 2020, indicating a turnaround in profitability[54] Cash Flow - Net cash flow from operating activities improved by 187.40%, totaling CNY 61,146,112.93 compared to a negative cash flow of CNY 69,964,478.39 last year[13] - The cash flow from operating activities for Q1 2021 was ¥61,146,112.93, a recovery from a negative cash flow of ¥69,964,478.39 in Q1 2020[60] - Cash inflow from operating activities was primarily driven by sales revenue of ¥216,710,370.56, a substantial increase from ¥18,604,716.16 in Q1 2020[66] - The company reported a total cash outflow from operating activities of ¥39,719,649.61, which was higher than ¥33,684,546.52 in the previous year[66] Assets and Liabilities - Total assets increased by 40.60% to CNY 3,990,879,294.27 compared to the end of the previous year[13] - Total liabilities rose to 814,758,268.17, marking an increase of around 156.5%[36] - Current liabilities decreased to 721,516,159.75, reflecting a reduction of approximately 10.7%[36] - The company’s total liabilities and owners' equity increased from ¥2,452,750,963.59 to ¥2,653,146,838.52, reflecting growth in financial leverage[46] Market Performance - The total box office for the national film market reached CNY 18.093 billion, a year-on-year increase of 705.29%[21] - Domestic films accounted for 91.29% of the total box office, generating CNY 16.517 billion[21] - The number of moviegoers reached 423 million, reflecting a year-on-year growth of 603.66%[21] Investments and Expenses - The company reported a significant increase in construction projects, with "construction in progress" rising by 274.65% to RMB 1.00 million due to new cinema projects[25] - The company's financial expenses increased by 406.19% to RMB 137.72 million, primarily due to interest amortization from new lease liabilities[25] - The company reported a significant decrease in financial expenses, with a total of ¥13,772,142.04 in Q1 2021, compared to a negative financial expense of -¥4,497,884.07 in Q1 2020[48] Equity and Goodwill - The weighted average return on equity increased by 4.08 percentage points to 1.19% from -2.89%[13] - The company’s goodwill increased by 74.73% to RMB 22.62 million, resulting from the full acquisition of an affiliated company[25] - The company’s goodwill increased to 12,943,199.61, representing a significant increase of approximately 75%[36] Government Support - The company reported government subsidies of CNY 2,419,820.52, which are closely related to its normal business operations[13]
上海电影(601595) - 2021 Q1 - 季度财报