康欣新材(600076) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders reached CNY 42,283,182.18, a significant turnaround from a loss of CNY 27,719,284.07 in the same period last year[5]. - Operating revenue surged by 147.60% to CNY 405,835,508.99 compared to CNY 163,907,760.56 in the previous year[5]. - Basic and diluted earnings per share were both CNY 0.03, compared to a loss of CNY 0.03 per share in the same period last year[7]. - Net profit for Q1 2021 was ¥41,688,921.80, compared to a net loss of ¥28,044,986.29 in Q1 2020, indicating a turnaround in profitability[27]. - The company's net profit attributable to shareholders for Q1 2021 was ¥42,283,182.18, compared to a net loss of ¥27,719,284.07 in Q1 2020, indicating a significant turnaround[28]. Revenue and Costs - Total operating revenue for Q1 2021 reached ¥405,835,508.99, a significant increase of 147.8% compared to ¥163,907,760.56 in Q1 2020[26]. - Total operating costs for Q1 2021 were ¥369,667,208.71, up 92.8% from ¥191,656,891.79 in Q1 2020[26]. - Gross profit margin improved as operating costs rose by 107.28% to ¥302,617,974.07, reflecting the increase in revenue[14]. - Sales expenses surged by 208.87% to ¥8,892,811.39, primarily due to increased transportation costs associated with higher sales[14]. Assets and Liabilities - Total assets increased by 6.78% to CNY 7,624,442,170.71 compared to the end of the previous year[5]. - The total liabilities decreased to ¥2,729,506,332.03 from ¥3,140,194,476.59, indicating improved financial stability[19]. - The company reduced its non-current liabilities due within one year by 75.28% to ¥64,714,090.99, down from ¥261,817,559.79, due to repayment of finance lease obligations[14]. - Total assets as of March 31, 2021, amounted to ¥6,820,955,372.88, an increase from ¥5,967,124,726.80 at the end of 2020[24]. - Total liabilities as of March 31, 2021, were ¥755,028,452.31, slightly up from ¥751,668,114.66 at the end of 2020[24]. Cash Flow - Net cash flow from operating activities improved to -CNY 33,558,338.40, compared to -CNY 46,999,542.56 in the same period last year[5]. - The company reported a net cash inflow from financing activities of ¥333,505,054.40, a 10.16% increase compared to ¥302,743,131.43 in the same period last year, attributed to a private placement of shares[15]. - The net cash flow from operating activities for Q1 2021 was negative at CNY -849,115,558.96 in Q1 2021, compared to CNY -10,185,742.34 in Q1 2020, indicating a significant decline in operational cash flow[38]. - The company incurred total operating cash outflows of ¥459,216,417.55 in Q1 2021, slightly higher than ¥450,325,753.41 in Q1 2020[35]. Shareholder Information - The total number of shareholders reached 40,372 by the end of the reporting period[11]. - The largest shareholder, Wuxi Construction Development Investment Co., Ltd., held 38.44% of the shares, totaling 516,902,585 shares[11]. Future Outlook - The company anticipates continued growth in revenue and profitability as market conditions improve in the shipping container sector[15]. - The company is focusing on market expansion and new product development as part of its future strategy[5].