金健米业(600127) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue increased by 66.34% to CNY 1,689,761,234.45 year-on-year[6] - Net profit attributable to shareholders increased by 44.79% to CNY 11,026,635.93 compared to the same period last year[6] - Basic earnings per share rose by 44.54% to CNY 0.0172[6] - Total revenue for Q1 2021 reached ¥1,689,761,234.45, a significant increase of 66.1% compared to ¥1,015,845,719.94 in Q1 2020[27] - Net profit for Q1 2021 was ¥11,522,325.58, compared to ¥7,438,929.64 in Q1 2020, representing a growth of 55.9%[28] Cash Flow - Net cash flow from operating activities decreased significantly by 97.97% to CNY 806,314.32[6] - The net cash flow from financing activities was negative CNY 174,110,779.29, a significant decrease of 218.79% year-on-year, attributed to the repayment of a loan of CNY 30,000,000[15] - Cash flow from operating activities for Q1 2021 was CNY 806,314.32, a decrease from CNY 39,630,730.15 in Q1 2020, indicating a decline in cash generation from operations[32] - Cash flow from investing activities for Q1 2021 was CNY -2,982,430.62, compared to CNY -2,794,620.58 in Q1 2020, showing an increase in cash outflow for investments[33] - The net cash flow from financing activities was negative at CNY -146,478,970.16, contrasting with a positive CNY 152,751,783.56 in the prior year[35] Assets and Liabilities - Total assets decreased by 2.77% to CNY 2,379,612,381.43 compared to the end of the previous year[6] - Cash and cash equivalents decreased by 44.94% to CNY 210,304,336.37, primarily due to repayment of due loans[11] - The total liabilities decreased to CNY 1,559,676,586.01 from CNY 1,638,931,335.00 at the end of the previous year[22] - The company's total equity increased to CNY 819,935,795.42 from CNY 808,413,469.84 at the end of 2020[22] - The company's total assets decreased from ¥1,407,921,598.43 on December 31, 2020, to ¥1,255,706,811.05 by March 31, 2021, a decline of 10.8%[26] Operating Costs - The operating cost for the same period was CNY 1,613,396,368.04, reflecting a 70.58% increase year-on-year, primarily due to the rise in operating revenue[15] - Operating costs for Q1 2021 were ¥1,682,680,688.34, up from ¥1,011,572,479.87 in Q1 2020, reflecting a 66.3% increase[27] Changes in Financial Position - Prepayments increased by 88.52% to CNY 250,936,394.36, mainly due to increased trade payments for corn and feed materials[11] - Contract liabilities increased by 58.27% to CNY 214,144,426.38, reflecting higher advance payments received for trade[11] - Other current liabilities increased by 61.23% to CNY 1,923,000, primarily due to an increase in advance payments[13] - The company reported a significant reduction in other payables, which decreased by 81.23% to CNY 66,309,655.12[20] Research and Development - The company’s research and development expenses were ¥3,048,714.92 in Q1 2021, showing a slight decrease from ¥3,085,103.35 in Q1 2020[27] - Research and development expenses for Q1 2021 were CNY 650,868.43, slightly down from CNY 727,955.47 in Q1 2020, indicating a focus on cost management[30] Financial Changes - The company is undergoing a change in its actual controller, which is still in progress, and will disclose further information as it develops[16] - The company reported a financial expense of ¥5,187,386.05 in Q1 2021, up from ¥3,428,875.40 in Q1 2020, indicating a rise of 51.3%[27] - The company reported a financial expense of CNY -1,473,146.21 for Q1 2021, which is slightly higher than CNY -1,461,187.67 in Q1 2020, indicating stable financial costs[30]