通威股份(600438) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 145.99% to CNY 847.37 million year-on-year[4] - Operating revenue grew by 35.69% to CNY 10.62 billion compared to the same period last year[4] - Basic earnings per share improved by 112.18% to CNY 0.1882[4] - The company reported a total profit of RMB 1.05 billion for Q1 2021, up from RMB 425.83 million in Q1 2020, marking a 147.0% increase[20] - Net profit for Q1 2021 was RMB 892.97 million, representing a 148.1% increase compared to RMB 358.93 million in Q1 2020[20] - Operating profit for Q1 2021 was RMB 1.05 billion, compared to RMB 424.78 million in Q1 2020, indicating strong operational performance[19] - Total operating revenue for Q1 2021 reached RMB 10.62 billion, a 35.5% increase from RMB 7.83 billion in Q1 2020[19] Assets and Liabilities - Total assets increased by 13.69% to CNY 73.05 billion compared to the end of the previous year[4] - Total liabilities increased to ¥40.14 billion, up from ¥32.71 billion, representing a growth of 22.5% year-over-year[15] - Total current assets increased to ¥21.18 billion, up from ¥19.84 billion, representing a growth of 6.7%[16] - Total non-current assets amounted to CNY 43,552,173,289.74, up from CNY 38,660,396,049.06, indicating a growth of approximately 20.5%[14] - Current liabilities totaled ¥27.91 billion, up from ¥22.38 billion, reflecting a rise of 24.5% year-over-year[15] - Non-current liabilities amounted to ¥12.22 billion, an increase from ¥10.33 billion, which is a growth of 18.3%[15] Cash Flow - Net cash flow from operating activities surged by 288.22% to CNY 1.69 billion year-to-date[4] - Cash flow from operating activities increased to ¥1,685,293,387.04 in Q1 2021, compared to ¥434,113,263.66 in Q1 2020[23] - The total cash outflow from operating activities was ¥775,975,573.46, compared to ¥928,727,505.10 in Q1 2020, indicating improved operational efficiency[27] - Cash flow from investing activities showed a net outflow of ¥905,905,508.94 in Q1 2021, an improvement from a net outflow of ¥1,773,579,497.31 in Q1 2020[24] - Cash flow from financing activities resulted in a net outflow of ¥1,246,948,785.15 in Q1 2021, compared to a net inflow of ¥2,499,433,645.69 in Q1 2020[24] Investments and Expenses - Research and development expenses increased by 68.74% to CNY 334,443,326.59 from CNY 198,198,363.25 year-on-year, indicating a significant rise in investment in innovation[10] - The company's management expenses increased by 45.65% to CNY 492,110,214.52 from CNY 337,874,930.22, primarily due to higher employee bonuses and repair costs[10] - The company reported an increase in retained earnings to ¥9.76 billion from ¥9.07 billion, reflecting a growth of 7.7%[15] - The company reported investment income of ¥136,148,831.78 in Q1 2021, a decrease from ¥347,708,173.00 in Q1 2020[21] Shareholder Equity - Shareholders' equity rose to ¥32.91 billion from ¥31.54 billion, indicating an increase of 4.3% year-over-year[15] - The total owner's equity attributable to shareholders reached ¥31.18 billion, compared to ¥30.54 billion, marking an increase of 2.1% year-over-year[15] - The retained earnings increased to approximately $4.11 billion from $4.10 billion, showing a growth of about 0.07%[33] Other Financial Metrics - The weighted average return on equity increased by 0.80 percentage points to 2.74%[4] - The company reported a government subsidy of CNY 59.73 million related to normal business operations[5] - The company has initiated a new employee stock ownership plan for 2021-2023, aiming to raise up to CNY 135,000,000 to enhance employee motivation and align interests[11]