新化股份(603867) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue surged by 91.09% to CNY 673,726,791.65 year-on-year[5] - Net profit attributable to shareholders increased by 177.96% to CNY 56,703,649.13 compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses rose by 279.41% to CNY 48,295,697.42[5] - Basic earnings per share reached CNY 0.41, up 173.33% from CNY 0.15 in the previous year[5] - The company reported a significant increase in other income, which rose by 130.86% to ¥6,488,472.11 from ¥2,810,591.99, mainly due to increased government subsidies received[13] - Investment income decreased by 46.89% to ¥3,766,389.27 from ¥7,092,091.41, primarily due to reduced financial investment returns[13] - Net profit for Q1 2021 was ¥61,250,927.19, representing a 213.5% increase from ¥19,508,714.35 in Q1 2020[28] - Basic earnings per share for Q1 2021 were ¥0.41, compared to ¥0.15 in Q1 2020[28] - The total profit for Q1 2021 was CNY 33,052,272.16, which is a 3.4% increase from CNY 29,989,725.08 in Q1 2020[30] Assets and Liabilities - Total assets increased by 5.04% to CNY 2,666,626,910.18 compared to the end of the previous year[5] - The company's total liabilities increased to ¥1,026,411,726.11 from ¥948,991,326.00, indicating a rise in financial obligations[21] - The company's total equity reached ¥1,640,215,184.07, up from ¥1,589,569,659.17, reflecting retained earnings growth[21] - Total assets as of March 31, 2021, amounted to ¥2,102,424,776.55, an increase from ¥2,041,311,270.04 at the end of 2020[25] - Total liabilities as of March 31, 2021, were ¥678,777,687.79, compared to ¥649,554,251.86 at the end of 2020[25] - Current assets totaled ¥1,282,355,921.18 as of March 31, 2021, slightly up from ¥1,274,603,803.70 at the end of 2020[24] - Non-current assets increased to ¥820,068,855.37 as of March 31, 2021, from ¥766,707,466.34 at the end of 2020[24] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -64,809,725.48, worsening by 84.81% compared to the previous year[5] - The net cash flow from operating activities was negative at -¥64,809,725.48, worsening by 84.81% from -¥35,068,302.86, primarily due to decreased sales collections[14] - In Q1 2021, the net cash flow from operating activities was -90,501,765.53, compared to -43,192,905.88 in Q1 2020, indicating a decline in operational cash flow[36] - Cash inflow from operating activities totaled 284,882,248.91 in Q1 2021, compared to 220,727,361.77 in Q1 2020, marking an increase of about 29%[36] - The cash outflow for purchasing goods and services in Q1 2021 was 303,906,125.72, compared to 207,071,924.50 in Q1 2020, representing a rise of approximately 46.5%[36] Expenses - Operating costs increased by 92.16% to ¥549,195,533.73 from ¥285,806,934.39, mainly due to increased sales volume and rising raw material prices[13] - Research and development expenses rose by 109.54% to ¥21,921,733.13 from ¥10,461,810.77, reflecting increased investment in R&D[13] - Research and development expenses for Q1 2021 were ¥21,921,733.13, significantly higher than ¥10,461,810.77 in Q1 2020[27] - The company incurred financial expenses of CNY -368,106.24, a significant improvement from CNY -1,338,003.55 in the previous year[30] - The company’s sales expenses decreased to CNY 2,464,823.78, down 76.7% from CNY 10,576,740.76 in Q1 2020[30] - The company’s tax expenses for Q1 2021 were CNY 3,429,557.28, slightly down from CNY 3,739,538.44 in Q1 2020[30] Shareholder Information - The number of shareholders reached 15,176, indicating a growing interest in the company[8] - The weighted average return on net assets improved by 2.21 percentage points to 3.72%[5]