国机汽车(600335) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue increased by 85.71% year-on-year, reaching ¥6,517,175,471.68[10] - Net profit attributable to shareholders increased by 121.26%, totaling ¥9,092,639.82[10] - Basic earnings per share rose by 122.58% to ¥0.0062[10] - Operating revenue rose by 86% to ¥12,103,316,729.63 compared to ¥6,517,175,471.68, attributed to the recovery of business post-2020 pandemic[16] - Operating profit for Q1 2021 was ¥56,140,449.38, compared to ¥9,164,903.12 in Q1 2020, reflecting a substantial improvement[37] - Net profit for Q1 2021 was ¥20,408,539.50, up from ¥4,563,528.80 in Q1 2020, indicating a strong recovery[37] - The net profit attributable to shareholders of the parent company was 20,117,928.28, compared to 9,092,639.82 in the previous year, representing a significant increase[40] - The total comprehensive income amounted to 14,528,665.54, up from 3,034,836.22 year-over-year[40] Cash Flow - Net cash flow from operating activities improved significantly, with a 121.05% increase, resulting in -¥3,148,813,227.84[10] - Net cash flow from operating activities was ¥662,670,332.18, a significant recovery from a negative ¥3,148,813,227.84 in the previous period[16] - Operating cash flow generated from activities was 15,499,700,641.95, compared to 8,785,714,070.66 in the previous year, indicating strong operational performance[50] - The net cash flow from operating activities was 662,670,332.18, a recovery from a negative cash flow of -3,148,813,227.84 in the same quarter last year[50] - The cash inflow from operating activities was $14,185,103.14 in Q1 2021, compared to $1,293,546.21 in Q1 2020, showing a substantial increase[56] Assets and Liabilities - Total assets decreased by 4.54% compared to the end of the previous year, amounting to ¥32,197,605,936.46[10] - The total assets decreased to ¥30,736,950,700.61 from ¥32,197,605,936.46, reflecting a contraction in the asset base[22] - Total liabilities decreased to ¥20,332,378,418.31 from ¥21,753,182,942.02, showing a reduction in financial obligations[23] - The company's cash and cash equivalents decreased to ¥3,386,754,991.30 from ¥4,439,628,283.68, indicating a tighter liquidity position[19] - Current liabilities reached CNY 19,664,141,008.73, remaining unchanged from the previous period[62] - Total liabilities were CNY 21,753,182,942.02, a decrease of CNY 293,269,637.73 compared to the previous period[62] Shareholder Information - The number of shareholders reached 33,259 by the end of the reporting period[12] - The largest shareholder, China National Machinery Industry Corporation, holds 70.54% of the shares[12] Investment and Expenses - The company recorded a non-operating income of ¥5,344,017.13 during the reporting period[12] - Research and development expenses for Q1 2021 were ¥75,191,661.72, slightly up from ¥74,667,336.15 in Q1 2020, reflecting continued investment in innovation[37] - Management expenses increased to 25,216,581.78 from 11,880,059.76, reflecting higher operational costs[44] - Financial expenses showed a significant change, with interest expenses at 24,990,073.56 compared to 40,873,854.79 in the previous year[44] - The investment income loss was reduced to -12,104,626.63 from -15,209,968.69, suggesting improved performance in investment activities[44] Changes in Equity - The total equity of the company as of March 31, 2021, was ¥6,506,516,834.95, down from ¥6,651,743,557.43 at the end of 2020[33] - The company reported a decrease in undistributed profits to ¥268,607,855.01 from ¥413,110,584.22, indicating a change in retained earnings[33] - Shareholders' equity totaled CNY 10,444,422,994.44, an increase of CNY 57,142,717.73 from the previous period[62] Other Financial Metrics - The weighted average return on net assets increased by 0.10 percentage points to 0.09%[10] - The company reported a loss of -¥97,529,997.24 from fair value changes of financial assets[10] - Cash received from sales of goods and services grew by 66% to ¥13,520,511,878.21 from ¥8,128,253,174.74, indicating improved cash flow[16] - Long-term borrowings decreased by 36% to ¥904,242,347.72 from ¥1,408,099,942.71, indicating reduced reliance on debt financing[16] - The company has implemented new leasing standards effective January 1, 2021, impacting the financial statements[64]