太原重工(600169) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period was ¥1,840,674,301.05, representing a decline of 11.67% year-on-year[12] - Net profit attributable to shareholders was ¥13,707,054.11, a significant recovery from a loss of ¥130,996,349.70 in the same period last year[12] - Basic and diluted earnings per share were both ¥0.0041, recovering from a loss of ¥0.0511 per share in the same period last year[12] - The company reported a net loss of ¥1,127,628,281.00, compared to a loss of ¥1,141,335,335.10 in the previous period, indicating a slight improvement[37] - Net profit for Q1 2021 was ¥21,895,711.07, compared to a net loss of ¥129,657,534.03 in Q1 2020[49] - The company reported a gross profit margin of approximately 4.4% in Q1 2021, compared to a negative margin in Q1 2020[47] - The net profit for Q1 2021 was approximately ¥82.88 million, compared to a net loss of ¥84.30 million in Q1 2020, indicating a turnaround in profitability[53] - The total comprehensive income for Q1 2021 was approximately ¥83.31 million, compared to a total comprehensive loss of ¥85.66 million in Q1 2020[55] Assets and Liabilities - Total assets at the end of the reporting period were ¥34,499,894,924.12, a decrease of 2.63% compared to the end of the previous year[12] - Total assets decreased from ¥35,430,683,350.58 to ¥34,499,894,924.12, a decline of approximately 2.62%[35] - Current liabilities decreased from ¥25,016,974,900.97 to ¥22,533,908,340.59, a reduction of about 9.91%[35] - Non-current liabilities increased from ¥5,327,429,481.71 to ¥6,308,138,983.36, an increase of approximately 18.38%[37] - Total liabilities decreased from ¥30,344,404,382.68 to ¥28,842,047,323.95, a decline of approximately 4.95%[37] - Shareholders' equity increased from ¥5,086,278,967.90 to ¥5,657,847,600.17, an increase of about 11.23%[37] - The total liabilities as of the reporting date were ¥21,128,412,249.47, a decrease from ¥21,880,415,157.47 in the previous year[47] Cash Flow - Net cash flow from operating activities was ¥94,309,502.38, down 74.00% compared to the previous year[12] - The company’s cash flow from operating activities for Q1 2021 was approximately ¥94.31 million, a decrease from ¥362.76 million in Q1 2020[59] - The net cash flow from operating activities was -205,164,108.97 CNY, contrasting with a positive flow of 518,185,318.26 CNY in the same quarter last year[63] - Total cash inflow from operating activities was 1,649,692,152.96 CNY, down from 1,937,300,668.62 CNY year-over-year[61] - Cash outflow for purchasing goods and services increased significantly to 1,183,002,455.59 CNY from 490,645,377.04 CNY in the previous year[61] - The cash flow from investment activities showed a net inflow of 517,706,545.96 CNY, compared to a net outflow of -12,186,238.00 CNY last year[63] Expenses - Sales expenses decreased by 74.66% to ¥24,551,083.63 from ¥96,897,687.80 due to the adjustment of transportation costs to operating costs[25] - Management expenses decreased by 31.57% to ¥86,846,362.08 from ¥126,920,166.08 due to a reduction in repair costs[25] - Financial expenses decreased by 35.14% to ¥129,817,320.28 from ¥200,153,237.56 due to lower funding costs[25] - The company’s financial expenses decreased to ¥129,817,320.28 in Q1 2021 from ¥200,153,237.56 in Q1 2020, reflecting a reduction in interest expenses[47] - The company incurred financial expenses of approximately ¥81.14 million in Q1 2021, down from ¥109.84 million in Q1 2020, a reduction of 26.3%[53] Shareholder Information - The total number of shareholders at the end of the reporting period was 140,763[18] - The largest shareholder, Taiyuan Heavy Machinery Group Co., Ltd., held 29.03% of the shares[19] Government Support - Government subsidies recognized in the current period amounted to ¥53,064,375.19[16] - Other income increased by 830.14% to ¥53,064,375.19 from ¥5,704,972.21 due to an increase in government subsidies recognized in the current period[25] Investment Income - Investment income increased significantly by 666.13% to ¥3,898,841.60 from ¥508,898.35 due to increased debt restructuring income[25] - The company reported a significant increase in investment income, totaling approximately ¥111.95 million in Q1 2021, compared to ¥508,898.35 in Q1 2020[53] Research and Development - Research and development expenses for Q1 2021 were ¥34,168,911.08, an increase of 13.9% from ¥30,073,706.19 in Q1 2020[47] - Research and development expenses for Q1 2021 were approximately ¥22.64 million, up from ¥11.54 million in Q1 2020, reflecting a 96.5% increase[53]