*ST金山(600396) - 2021 Q1 - 季度财报

Financial Performance - Operating income increased slightly by 0.15% to CNY 2,026,071,013.47 year-on-year[7] - Net profit attributable to shareholders decreased significantly by 84.74% to CNY 28,667,957.37 compared to the same period last year[7] - Basic and diluted earnings per share dropped by 84.71% to CNY 0.0195[7] - Total profit, net profit, and net profit attributable to shareholders decreased by 170.45 million yuan, 163.81 million yuan, and 159.18 million yuan, with declines of 77.72%, 91.28%, and 84.74% respectively[15] - Net profit for Q1 2021 was CNY 15,646,195.98, a significant decrease of 91.3% compared to CNY 179,453,275.77 in Q1 2020[33] - The net profit attributable to shareholders of the parent company was CNY 28,667,957.37 in Q1 2021, down from CNY 187,843,214.05 in Q1 2020, reflecting a decline of 84.7%[34] - Financial expenses for Q1 2021 were CNY 177,865,611.88, up from CNY 167,581,103.99 in Q1 2020, indicating an increase of 7.7%[33] - Investment income for Q1 2021 was CNY 7,139,274.27, down from CNY 11,815,344.22 in Q1 2020, a decline of 39.5%[33] Cash Flow - Cash flow from operating activities increased by 242.86% to CNY 432,718,103.87 year-to-date[7] - Cash flow from operating activities increased by 116 million yuan due to the recovery of overdue heating fees and reduced operational payables[17] - The net cash flow from operating activities for Q1 2021 was ¥432,718,103.87, a significant increase from ¥126,208,469.67 in Q1 2020, representing a growth of approximately 242%[39] - The total cash inflow from operating activities was ¥1,749,495,905.55, compared to ¥1,736,971,002.91 in the same period last year, showing a slight increase of about 0.7%[39] - The cash outflow from investing activities was ¥222,507,974.98 in Q1 2021, down from ¥292,585,954.28 in Q1 2020, indicating a reduction of approximately 24%[40] - The net cash flow from investing activities improved to -¥89,921,974.98 in Q1 2021 from -¥291,468,454.28 in Q1 2020, reflecting a positive change of about 69%[40] - Cash inflow from financing activities decreased to ¥2,225,595,987.87 in Q1 2021 from ¥2,551,362,545.39 in Q1 2020, a decline of approximately 13%[40] - The net cash flow from financing activities turned negative at -¥493,094,103.61 in Q1 2021, compared to a positive net flow of ¥251,708,346.93 in Q1 2020[40] Assets and Liabilities - Total assets decreased by 2.81% to CNY 19,880,489,741.72 compared to the end of the previous year[7] - Total liabilities decreased from CNY 18,043,267,514.98 to CNY 17,444,616,892.19, a reduction of approximately 3.3%[27] - Total assets as of March 31, 2021, were approximately 19.88 billion yuan, a decrease from 20.45 billion yuan at the end of 2020[26] - Current assets decreased from CNY 977,160,833.69 to CNY 748,970,953.41, representing a decrease of approximately 23.3%[30] - Non-current liabilities decreased from CNY 1,084,338,478.74 to CNY 1,012,914,603.53, a reduction of about 6.6%[31] - Total equity increased from CNY 2,411,486,237.53 to CNY 2,435,872,849.53, an increase of approximately 1.0%[27] - Cash and cash equivalents decreased from CNY 350,892,254.35 to CNY 290,149,909.10, a decline of about 17.3%[29] - Accounts receivable increased from CNY 151,004,268.13 to CNY 181,048,746.87, an increase of approximately 19.9%[30] - Inventory decreased from CNY 28,427,433.38 to CNY 17,639,756.85, a reduction of about 37.9%[30] Shareholder Information - The number of shareholders reached 77,395, with the top three shareholders holding a combined 58.07% of shares[10] - The company has an undistributed profit of -¥836,755,508.55, indicating a negative retained earnings situation[47] Future Outlook - The company forecasts a decline in cumulative net profit for the next reporting period compared to the previous year due to sustained high coal prices[21]