创兴资源(600193) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the current period reached CNY 157,778,876.00, representing a significant increase of 245.12% year-on-year[5] - Net profit attributable to shareholders was CNY 6,829,177.96, a turnaround from a loss of CNY 799,212.09 in the same period last year[5] - The weighted average return on equity was 2.07%, compared to -0.26% in the previous year[5] - Basic and diluted earnings per share were both CNY 0.016, improving from a loss of CNY 0.002 per share in the same period last year[5] - The total profit for Q1 2021 was 10,478,551.06 CNY, compared to a loss of 861,837.80 CNY in Q1 2020[30] - The net profit for Q1 2021 was 7,445,293.85 CNY, a significant improvement from a net loss of 1,774,904.83 CNY in Q1 2020[30] - The total operating revenue for Q1 2021 was CNY 157,778,876, a significant increase from CNY 45,716,842 in Q1 2020, representing a growth of approximately 245%[29] - The operating profit for Q1 2021 was CNY 10,552,105, a recovery from a loss of CNY 1,191,987 in Q1 2020[29] - The company reported a net investment income of CNY 81,142.02 in Q1 2021, recovering from a loss of CNY 675,262.98 in Q1 2020[29] - The total comprehensive income for Q1 2021 was 7,445,293.85 CNY, compared to a loss of 1,774,904.83 CNY in Q1 2020[30] Cash Flow - The net cash flow from operating activities was -CNY 4,264,608.36, an improvement from -CNY 90,054,163.25 in the previous year[5] - Cash inflows from operating activities totaled 472,158,802.28 CNY in Q1 2021, compared to 204,765,370.49 CNY in Q1 2020[34] - The net cash flow from operating activities for Q1 2021 was -8,323,475.99 RMB, compared to -415,829.62 RMB in Q1 2020, indicating a significant decline in operational cash flow[36] - Cash inflows from financing activities amounted to 40,000,000.00 RMB, primarily from borrowings, while cash outflows for debt repayment were 38,152,597.91 RMB[36] - The company experienced a net decrease in cash and cash equivalents of 5,060,412.81 RMB during Q1 2021, compared to a decrease of 89,910,804.25 RMB in Q1 2020[36] - The total cash inflow from operating activities was 13,941,779.92 RMB, significantly higher than 6,514,850.81 RMB in the same period last year[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,293,915,660.36, a decrease of 0.59% compared to the end of the previous year[5] - The total assets as of March 31, 2021, amounted to ¥1,293,915,660.36, compared to ¥1,301,559,592.70 on December 31, 2020[21] - The total liabilities as of March 31, 2021, were CNY 125,235,914, a decrease from CNY 131,525,729.47 at the end of 2020[25] - The equity attributable to shareholders as of March 31, 2021, was CNY 273,674,763.28, down from CNY 275,532,677.63 at the end of 2020[25] - The company’s total liabilities and equity as of March 31, 2021, amounted to CNY 398,910,677.28, reflecting a decrease from CNY 407,058,407.10 at the end of 2020[25] Shareholder Information - The total number of shareholders at the end of the reporting period was 25,133[11] - The top ten shareholders held a total of 14.70% to 0.77% of shares, with the largest shareholder holding 62,540,594 shares[11] Operational Insights - The company has not disclosed any significant new product developments or market expansion strategies in this report[13] - Operating costs for Q1 2021 were ¥136,805,676.50, up 239.66% from ¥40,277,670.31 in Q1 2020, reflecting the same increase in project volume[15] - Accounts receivable increased to ¥54,090,651.75 as of March 31, 2021, compared to ¥90,651.75 on December 31, 2020, driven by increased engineering payments from subsidiaries[14] - Contract liabilities rose by 119.77% to ¥68,027,800.23 as of March 31, 2021, from ¥30,953,657.21, due to advance payments received from customers[14] - The company incurred management expenses of 1,910,602.87 CNY in Q1 2021, compared to 568,773.24 CNY in Q1 2020[31] - The company reported a loss of 1,911,494.35 CNY in operating profit for Q1 2021, compared to a loss of 571,218.63 CNY in Q1 2020[31] Financial Expenses - Financial expenses decreased by 48.24% to ¥832,257.41 in Q1 2021, compared to ¥1,607,774.87 in Q1 2020, mainly due to lower interest payments on loans[15] - The company reported a decrease in employee compensation payable by 35.86%, down to ¥4,367,979.98 from ¥6,810,226.47, due to reduced salary payments[14] Other Financial Metrics - Non-recurring gains and losses amounted to -CNY 44,691.01, primarily due to other operating income and expenses[9] - The deferred income tax liabilities decreased from CNY 1,042,650.00 to CNY 955,762.50 during the period[24] - The company did not anticipate significant changes in cumulative net profit for the year compared to the previous year[17]