NXBM(SH:600449)2021-04-28 16:00Financial Performance - Operating revenue for the period was CNY 575,256,427.24, representing an increase of 51.86% year-on-year[9] - Net profit attributable to shareholders was CNY 1,749,190.95, a significant recovery from a loss of CNY 16,960,128.24 in the same period last year[9] - Net cash flow from operating activities increased by 82.85% to CNY 213,801,739.69 compared to the previous year[9] - Basic earnings per share were CNY 0.0037, recovering from a loss of CNY 0.0355 per share in the previous year[9] - The net profit for the period was RMB 5,914,102.62, a significant turnaround from a net loss of RMB 13,089,972.64 in the previous year[16] - Total operating revenue for Q1 2021 was ¥575,256,427.24, an increase of 52% compared to ¥378,811,048.47 in Q1 2020[34] - Net profit for Q1 2021 reached ¥5,914,102.62, compared to a net loss of ¥13,089,972.64 in Q1 2020[35] - Basic earnings per share for Q1 2021 were ¥0.0037, compared to a loss of ¥0.0355 per share in Q1 2020[35] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,241,121,168.43, a decrease of 0.30% compared to the end of the previous year[9] - The total number of shareholders at the end of the reporting period was 33,267[11] - The largest shareholder, China National Building Material Group Corporation, held 47.56% of the shares[11] - The company's short-term borrowings decreased by 30.22% to RMB 300,324,499.09, resulting from the repayment of due loans[16] - Current liabilities decreased to approximately $1.40 billion from $1.43 billion year-over-year, a decline of about 4.0%[25] - Total liabilities decreased to approximately $1.57 billion from $1.60 billion year-over-year, a decline of about 2.0%[25] - The total liabilities as of Q1 2021 were ¥1,650,519,383.61, compared to ¥1,592,459,284.34 in the previous year, showing a growth of 3.6%[34] Cash Flow - The net cash flow from operating activities improved by 82.85% year-on-year, amounting to RMB 213,801,739.69, due to increased cash receipts from sales[16] - Cash flow from operating activities was CNY 213,801,739.69, up 82.7% from CNY 116,929,319.64 in Q1 2020[42] - The net increase in cash and cash equivalents for Q1 2021 was CNY 100,225,725.95, a recovery from a decrease of -CNY 140,040,340.72 in Q1 2020[47] - The ending balance of cash and cash equivalents for Q1 2021 was CNY 652,990,389.75, up from CNY 299,790,869.09 in Q1 2020, indicating a growth of approximately 117.5%[47] Expenses - Operating costs rose by 61.86% year-on-year to RMB 491,944,298.33, attributed to increased sales volume and adjustments in transportation costs[16] - Research and development expenses surged by 447.91% year-on-year to RMB 2,488,153.32, reflecting increased investment in R&D projects[16] - The company reported a significant decrease in sales expenses to ¥7,971,315.99 in Q1 2021 from ¥47,538,590.94 in Q1 2020, indicating improved cost management[34] - Financial expenses increased to CNY 1,994,255.55, up 15.1% from CNY 1,733,164.94 in Q1 2020[37] Other Financial Metrics - The weighted average return on equity was 0.03%, up from -0.30% in the same period last year[9] - The company's other receivables rose by 334.66% year-on-year to RMB 55,872,415.66, primarily due to increased land deposit and bidding guarantee payments[16] - The company reported a decrease in other income by 89.25% year-on-year, amounting to RMB 3,609,516.21, due to a reduction in VAT refunds[16] - The company's gross profit margin for Q1 2021 was approximately 0.4%, down from a negative margin in Q1 2020[34]