方大炭素(600516) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders of the listed company was RMB 133,858,572.65, representing a significant increase of 71.91% year-on-year[5]. - Operating revenue for the period was RMB 930,412,386.20, reflecting a growth of 13.28% compared to the same period last year[5]. - Basic earnings per share increased to RMB 0.0352, up 23.08% from RMB 0.0286 in the same period last year[5]. - The weighted average return on net assets rose to 0.86%, an increase of 0.34 percentage points compared to the previous year[5]. - The company reported non-recurring gains and losses totaling RMB -3,365,386.50 for the period[6]. - Investment income increased to RMB 7,225,590.07 from a loss of RMB 15,664.37 in the previous year[10]. - Other income rose by 106.66% to RMB 6,028,449.55 due to reclassification of certain government subsidies[10]. - The net profit for Q1 2021 was ¥140,668,285.73, compared to ¥65,373,296.13 in Q1 2020, representing a significant increase of 115.0%[23]. - The net profit attributable to the parent company shareholders for Q1 2021 was ¥133,858,572.65, compared to ¥77,863,815.31 in Q1 2020, representing an increase of approximately 71.8%[24]. - The total comprehensive income for Q1 2021 was ¥140,657,605.88, compared to ¥65,373,296.13 in Q1 2020, marking an increase of about 115.0%[24]. Assets and Liabilities - Total assets at the end of the reporting period reached RMB 19,383,494,360.30, an increase of 0.77% compared to the end of the previous year[5]. - The company's current assets totaled ¥13,235,172,955.16, slightly up from ¥13,174,207,868.41 at the end of 2020, indicating a growth of about 0.46%[16]. - The company's total liabilities were reported at ¥2,689,314,373.47, a slight decrease from ¥2,690,786,490.96, indicating a reduction of about 0.05%[17]. - Non-current assets totaled ¥6,148,321,405.14, up from ¥6,061,263,240.82, reflecting an increase of about 1.43%[16]. - The company's long-term investments in equity reached ¥2,556,961,735.58, slightly up from ¥2,538,643,866.06, indicating a growth of approximately 0.72%[16]. - Total liabilities for Q1 2021 were ¥2,669,765,067.91, down from ¥3,403,790,131.25 in Q1 2020, showing a reduction of 21.5%[21]. Cash Flow - The net cash flow from operating activities was RMB 49,100,236.83, a recovery from a negative cash flow of RMB -104,159,607.53 in the previous year[5]. - Cash flow from investing activities showed a net outflow of RMB 1,857,554,644.31, indicating increased cash payments for investments[10]. - The net cash flow from operating activities for Q1 2021 was ¥49,100,236.83, a recovery from a negative cash flow of -¥104,159,607.53 in Q1 2020[28]. - The company reported a net decrease in cash and cash equivalents of -2,008,069,728.76 RMB for Q1 2021, compared to -1,065,675,245.21 RMB in Q1 2020[31]. - The ending balance of cash and cash equivalents was 2,720,749,891.92 RMB, down from 7,773,079,492.89 RMB at the end of Q1 2020[31]. Shareholder Information - The total number of shareholders at the end of the reporting period was 234,509[6]. - The largest shareholder, Liaoning Fangda Group Industrial Co., Ltd., held 1,524,413,321 shares, accounting for 40.05% of the total shares[7]. - The company’s actual controller increased his shareholding by 0.35%, acquiring 13,473,800 shares for RMB 99,998,238[11]. Operational Insights - The company has not disclosed any new product developments or market expansion strategies in this report[8]. - The company is in the process of relocating subsidiaries to optimize operations, with plans for new production facilities underway[13]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[23]. Expenses - Total operating costs for Q1 2021 were ¥778,969,551.42, up from ¥682,388,848.75 in Q1 2020, reflecting a year-over-year increase of 14.2%[23]. - Research and development expenses for Q1 2021 amounted to ¥16,046,184.34, slightly higher than ¥15,070,474.03 in Q1 2020, indicating a focus on innovation[23]. - The company reported a decrease in sales expenses, which were ¥17,046,409.13 in Q1 2021, down from ¥26,499,387.30 in Q1 2020, representing a decline of approximately 35.6%[26]. - Financial expenses for Q1 2021 showed a significant improvement, with a net expense of -¥28,418,389.29 compared to -¥61,477,518.29 in Q1 2020, reflecting a reduction of approximately 53.8%[26].