华友钴业(603799) - 2021 Q1 - 季度财报

Financial Performance - Total assets increased by 33.11% to RMB 35.87 billion compared to the end of the previous year[4] - Net profit attributable to shareholders of the listed company surged by 256.50% to RMB 654.19 million[4] - Operating revenue grew by 45.20% to RMB 6.42 billion[4] - Net cash flow from operating activities skyrocketed by 1,337.04% to RMB 939.54 million[4] - Basic earnings per share increased by 229.41% to RMB 0.56[4] - Weighted average return on equity rose by 3.09 percentage points to 5.34%[4] - Revenue increased by 45.20% to 6,424,126,825.03 RMB, driven by higher sales prices and volumes of main products[10] - Operating cash flow increased by 1,337.04% to 939,538,618.73 RMB, reflecting higher profits compared to the same period last year[10] - Total revenue for Q1 2021 reached 6,424,126,825.03 RMB, a significant increase from 4,424,395,821.46 RMB in Q1 2020[19] - Operating profit for Q1 2021 was RMB 935,707,838.51, a significant increase from RMB 210,943,094.86 in the same period last year[20] - Net profit attributable to the parent company's shareholders in Q1 2021 was RMB 654,190,512.39, compared to RMB 183,503,528.41 in Q1 2020[20] - Total comprehensive income for Q1 2021 was RMB 692,622,372.64, up from RMB 274,798,773.00 in Q1 2020[21] - Basic earnings per share (EPS) for Q1 2021 were RMB 0.56, compared to RMB 0.17 in Q1 2020[21] - Revenue for Q1 2021 was RMB 724,004,557.04, a significant increase from RMB 428,454,295.31 in Q1 2020[22] - Net profit for Q1 2021 was RMB 100,333,285.80, up from RMB 10,019,926.61 in Q1 2020[24] - Sales revenue from goods and services in Q1 2021 reached 6,807,727,509.37 RMB, a significant increase from 4,621,487,104.26 RMB in Q1 2020[25] - Total comprehensive income for Q1 2021 was RMB 100,333,285.80, up from RMB 10,019,926.61 in Q1 2020[52] - Operating profit for Q1 2021 was RMB 116,761,011.78, up from RMB 11,052,118.25 in Q1 2020[52] Cash Flow - Net cash flow from operating activities skyrocketed by 1,337.04% to RMB 939.54 million[4] - Operating cash flow increased by 1,337.04% to 939,538,618.73 RMB, reflecting higher profits compared to the same period last year[10] - Investment cash flow decreased by 75.56% to -2,181,392,822.97 RMB, mainly due to increased external investments[10] - Financing cash flow increased by 573.97% to 6,937,770,556.94 RMB, largely due to the receipt of 6.018 billion RMB from the non-public issuance of shares[10] - Net cash flow from operating activities in Q1 2021 was 939,538,618.73 RMB, compared to 65,380,232.82 RMB in Q1 2020[25] - Net cash flow from investing activities in Q1 2021 was -2,181,392,822.97 RMB, a decrease from -1,242,520,068.90 RMB in Q1 2020[26] - Net cash flow from financing activities in Q1 2021 was 6,937,770,556.94 RMB, a substantial increase from 1,029,385,213.25 RMB in Q1 2020[26] - Total cash and cash equivalents at the end of Q1 2021 were 7,189,153,032.26 RMB, up from 1,843,022,301.34 RMB in Q1 2020[26] - Net cash flow from operating activities in Q1 2021 was -222,628,837.26 RMB, compared to 228,053,001.74 RMB in Q1 2020[27] - Net cash flow from investing activities in Q1 2021 was -1,759,065,386.73 RMB, a significant decrease from -8,386,174.17 RMB in Q1 2020[27] - Net cash flow from financing activities in Q1 2021 was 6,037,550,357.86 RMB, a substantial increase from 42,879,759.79 RMB in Q1 2020[27] - Total cash and cash equivalents at the end of Q1 2021 were 4,149,293,284.73 RMB, up from 567,235,271.61 RMB in Q1 2020[27] - Cash flow from operating activities in Q1 2021 was RMB 939,538,618.73, compared to RMB 65,380,232.82 in Q1 2020[53] - Cash flow from financing activities in Q1 2021 surged to RMB 6,937,770,556.94, up from RMB 1,029,385,213.25 in Q1 2020[54] - Cash and cash equivalents at the end of Q1 2021 stood at RMB 7,189,153,032.26, a substantial increase from RMB 1,843,022,301.34 in Q1 2020[54] - Operating cash flow was negative at -222.63 million, compared to a positive 228.05 million in the previous period[55] - Investment cash flow was significantly negative at -1.76 billion, primarily due to investment payments of 1.93 billion[55] - Financing cash flow showed a substantial increase to 6.04 billion, driven by investment receipts of 6.02 billion[55] - Total cash and cash equivalents increased by 4.06 billion, reaching a closing balance of 4.15 billion[55] - Cash received from other operating activities was 943.87 million, up from 893.40 million in the previous period[55] - Cash paid for goods and services increased to 688.99 million from 546.66 million[55] - Cash paid to employees rose to 96.04 million from 79.56 million[55] - Cash received from financing activities surged to 6.79 billion, compared to 1.90 billion previously[55] - Cash paid for debt repayment decreased to 567.58 million from 826.88 million[55] - Cash paid for dividends and interest dropped to 20.87 million from 32.80 million[55] Assets and Liabilities - Total assets increased by 33.11% to RMB 35.87 billion compared to the end of the previous year[4] - The company's monetary funds increased by 253.27% to 8,246,342,274.88 RMB, primarily due to the receipt of 6.018 billion RMB from the non-public issuance of shares[10] - Trading financial assets surged by 2,330.69% to 736,917,550.34 RMB, mainly due to an increase in financial products[10] - Total assets increased to 35.87 billion CNY as of March 31, 2021, compared to 26.95 billion CNY as of December 31, 2020[15] - Cash and cash equivalents surged to 8.25 billion CNY as of March 31, 2021, up from 2.33 billion CNY as of December 31, 2020[13] - Trade receivables rose to 1.22 billion CNY as of March 31, 2021, compared to 1.14 billion CNY as of December 31, 2020[13] - Inventory decreased slightly to 3.98 billion CNY as of March 31, 2021, from 4.07 billion CNY as of December 31, 2020[13] - Total current liabilities increased to 13.59 billion CNY as of March 31, 2021, up from 11.99 billion CNY as of December 31, 2020[14] - Long-term liabilities grew to 3.04 billion CNY as of March 31, 2021, compared to 2.50 billion CNY as of December 31, 2020[15] - Shareholders' equity increased significantly to 19.24 billion CNY as of March 31, 2021, from 12.45 billion CNY as of December 31, 2020[15] - Capital reserve expanded to 9.76 billion CNY as of March 31, 2021, up from 3.88 billion CNY as of December 31, 2020[15] - Retained earnings grew to 5.46 billion CNY as of March 31, 2021, compared to 4.81 billion CNY as of December 31, 2020[15] - Fixed assets increased to 8.51 billion CNY as of March 31, 2021, from 8.32 billion CNY as of December 31, 2020[13] - Total assets as of Q1 2021 stood at 18,433,165,039.53 RMB, a substantial rise from 11,628,017,164.71 RMB in the previous year[17] - Long-term equity investments grew to 10,051,065,300.96 RMB in Q1 2021, up from 8,818,071,591.35 RMB in the previous year[17] - Total liabilities for Q1 2021 were 5,860,243,927.38 RMB, compared to 5,106,130,848.30 RMB in the previous year[18] - Shareholders' equity increased to 12,572,921,112.15 RMB in Q1 2021, up from 6,521,886,316.41 RMB in the previous year[18] - Accounts receivable financing stood at 232,801,474.89 RMB in Q1 2021, compared to 146,244,337.36 RMB in the previous year[17] - Prepayments decreased to 520,697,009.17 RMB in Q1 2021, down from 652,165,324.97 RMB in the previous year[17] - Other receivables surged to 1,107,083,316.40 RMB in Q1 2021, a significant increase from 283,760,430.65 RMB in the previous year[17] - Total assets increased to 35,867,859,873.01 RMB, up from 26,945,318,022.98 RMB at the end of the previous year[41] - Long-term accounts receivable slightly increased to 346,726,951.61 RMB from 344,278,709.93 RMB[41] - Fixed assets grew to 8,509,583,566.60 RMB, up from 8,321,024,911.82 RMB[41] - Total current liabilities increased to 13,588,038,317.34 RMB from 11,990,610,990.91 RMB[42] - Total liabilities increased to 16.63 billion RMB, up from 14.49 billion RMB in the previous period[43] - Total owner's equity rose to 19.24 billion RMB, compared to 12.45 billion RMB in the previous period[43] - Monetary funds surged to 4.22 billion RMB, a significant increase from 215.04 million RMB in the previous period[44] - Long-term equity investments grew to 10.05 billion RMB, up from 8.82 billion RMB in the previous period[45] - Total assets increased to 18.43 billion RMB, compared to 11.63 billion RMB in the previous period[45] - Short-term borrowings decreased to 1.44 billion RMB, down from 1.65 billion RMB in the previous period[45] - Total current liabilities stood at 4.81 billion RMB, up from 4.48 billion RMB in the previous period[45] - Total non-current liabilities increased to 1.05 billion RMB, compared to 627.20 million RMB in the previous period[46] - Retained earnings rose to 1.67 billion RMB, up from 1.57 billion RMB in the previous period[46] - Total equity and liabilities reached 18.43 billion RMB, compared to 11.63 billion RMB in the previous period[46] Shareholders and Equity - The company's total number of shareholders reached 132,737[7] - Zhejiang Huayou Cobalt Holdings Group Co., Ltd. holds 16.51% of the company's shares[7] - Capital reserve grew by 151.63% to 9,762,426,482.85 RMB, primarily due to the 5.88 billion RMB premium from the non-public issuance of shares[10] - The company's largest shareholder, Zhejiang Huayou Holding Group, holds 16.51% of the shares[35] - The top 10 shareholders collectively hold a significant portion of the company's shares, with the top two shareholders being related parties[36] - The company's total number of shareholders reached 132,737 at the end of the reporting period[35] Expenses and Costs - R&D expenses rose by 108.11% to 106,896,428.55 RMB, primarily due to increased material consumption[10] - R&D expenses increased to 106,896,428.55 RMB in Q1 2021, up from 51,364,550.10 RMB in Q1 2020[19] - R&D expenses for Q1 2021 were RMB 22,327,932.03, compared to RMB 16,876,862.74 in Q1 2020[22] - R&D expenses increased to RMB 106,896,428.55 in Q1 2021, more than double the RMB 51,364,550.10 in Q1 2020[47] - Operating costs for Q1 2021 were 5,549,967,044.41 RMB, compared to 4,218,267,315.16 RMB in Q1 2020[19] - Operating costs for Q1 2021 were RMB 505,499,907.30, up from RMB 352,391,770.37 in Q1 2020[22] - Cash paid for goods and services increased to 688.99 million from 546.66 million[55] - Cash paid to employees rose to 96.04 million from 79.56 million[55] Non-Recurring Items - Government subsidies recognized in current profits amounted to RMB 6.30 million[6] - Non-recurring gains and losses totaled a net loss of RMB 4.62 million[6] - Non-recurring gains and losses amounted to a net loss of RMB 4.62 million[34] Miscellaneous - Contract liabilities increased by 147.58% to 642,216,654.21 RMB, mainly due to an increase in advance payments for goods[10] - Income tax expenses surged by 486.96% to 249,932,855.93 RMB, reflecting higher profits compared to the same period last year[10] - Interest income for Q1 2021 was RMB 10,610,798.94, a significant increase from RMB 1,304,798.85 in Q1 2020[22] - Credit impairment losses for Q1 2021 were RMB 3,582,389.35, compared to RMB 436,631.99 in Q1 2020[24] - Interest income increased to RMB 12,937,312.50 in Q1 2021 from RMB 5,488,839.34 in Q1 2020[47] - Fair value change gains were RMB 38,338,829.02 in Q1 2021, a substantial increase from RMB 1,233,306.80 in Q1 2020[47] - Other comprehensive income after tax for Q1 2021 was RMB 22,060,807.05, compared to RMB 107,174,550.85 in Q1 2020[48] - Cash outflow from investing activities in Q1 2021 was RMB 2,262,321,377.80, compared to RMB 1,525,642,631.08 in Q1 2020[54] - Cash inflow from financing activities in Q1 2021 was RMB 9,716,147,695.18, compared to RMB 4,790,747,383.25 in Q1 2020[54] - Cash outflow for purchasing fixed assets, intangible assets, and other long-term assets in Q1 2021 was RMB 963,374,638.41, down from RMB 1,222,100,217.49 in Q1 2020[54]