皖维高新(600063) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue rose by 43.67% to CNY 1,699,820,678.82 year-on-year[11] - Net profit attributable to shareholders increased by 163.47% to CNY 128,979,616.89 compared to the same period last year[11] - Basic earnings per share increased by 168.00% to CNY 0.067 per share[11] - The weighted average return on equity rose to 2.41%, an increase of 1.46 percentage points year-on-year[11] - Total revenue for Q1 2021 reached ¥1,699,820,678.82, a significant increase from ¥1,183,161,955.12 in Q1 2020, representing a growth of approximately 43.5%[52] - Net profit for Q1 2021 was ¥128,973,464.59, up from ¥48,876,118.91 in Q1 2020, reflecting a growth of approximately 163%[52] - The company's net profit for the current period is approximately ¥128.97 million, compared to ¥48.88 million in the previous period, representing a significant increase[54] Assets and Liabilities - Total assets increased by 3.28% to CNY 11,060,077,144.95 compared to the end of the previous year[11] - Total liabilities as of March 31, 2021, were CNY 5,349.78 million, compared to CNY 5,019.05 million at the end of 2020, showing an increase of 6.6%[40] - The company's total assets amounted to CNY 11,060.08 million as of March 31, 2021, compared to CNY 10,708.47 million at the end of 2020, representing a growth of 3.3%[40] - Current liabilities increased to ¥3,164,182,775.91 in Q1 2021 from ¥2,890,523,501.59 in Q1 2020, marking a rise of approximately 9.4%[47] Cash Flow - Net cash flow from operating activities decreased by 82.60% to CNY 47,258,436.44 compared to the previous year[11] - Cash flow from operating activities for the current period is ¥47.26 million, a decrease from ¥271.66 million in the previous period[65] - Cash received from sales of goods and services was $674,214,700.78 in Q1 2021, compared to $660,939,046.63 in Q1 2020, marking an increase of approximately 2.0%[71] - Total cash outflow for operating activities was $780,334,464.03 in Q1 2021, up from $589,732,218.91 in Q1 2020, representing an increase of about 32.3%[71] Shareholder Information - The company had a total of 87,222 shareholders at the end of the reporting period[14] - The largest shareholder, Anhui Wanwei Group Co., Ltd., held 30.74% of the shares[14] Investments and Projects - The company prepaid 141.6 million for exploration rights related to the Tai Sheng Heng Mining project, which is currently in progress[27] - The company is investing in a new differentiated PET polyester chip project with an annual production capacity of 35kt, with a total investment of CNY 127.70 million and a construction period of 12 months[31] - A new differentiated re-dispersible latex powder project with an annual production capacity of 20kt is also underway, with a total investment of CNY 136.97 million and a construction period of 18 months[31] Operational Costs and Expenses - Operating costs for Q1 2021 were ¥1,376,235,455.94, compared to ¥990,831,201.78 in Q1 2020, indicating an increase of about 39%[52] - Sales expenses surged by 79.17%, primarily due to rising export credit insurance fees and personnel costs[20] - Research and development expenses for Q1 2021 were ¥64,123,395.70, compared to ¥57,473,240.57 in Q1 2020, indicating an increase of about 11.5%[52] Other Income and Expenses - The company reported a non-operating income of CNY 4,518,330.32 during the period[13] - The company incurred financial expenses of ¥10.95 million, which is an increase from ¥6.74 million in the previous period, indicating higher borrowing costs[59] - The company’s other income decreased to ¥4.71 million from ¥8.59 million in the previous period, reflecting a decline of approximately 45.5%[59]