爱旭股份(600732) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter reached CNY 3,007,444,243.55, a 64.09% increase year-on-year [4] - Net profit attributable to shareholders was CNY 100,626,413.38, reflecting a 25.70% increase compared to the same period last year [4] - Basic earnings per share increased by 25.00% to CNY 0.05 [4] - Total operating revenue for Q1 2021 reached RMB 3,007,444,243.55, a 64.3% increase from RMB 1,832,850,194.73 in Q1 2020 [19] - Net profit for Q1 2021 was RMB 100,651,299.47, representing a 25.6% increase compared to RMB 80,049,126.71 in Q1 2020 [20] - The company’s total profit for Q1 2021 was RMB 97,982,852.34, an increase from RMB 86,243,336.29 in Q1 2020 [19] Cash Flow - Net cash flow from operating activities was negative at CNY -871,687,849.48, a decrease of 1,829.52% year-on-year [4] - The company reported a net cash flow from operating activities of RMB 5,040.06 million, a decrease of RMB 1,829.52 million compared to the previous year, primarily due to increased cash outflows for material purchases [12] - Cash inflows from operating activities totaled 1,573,595,122.25 RMB in Q1 2021, up from 1,187,564,653.57 RMB in Q1 2020, reflecting a growth of approximately 32.5% [23] - Cash outflows from operating activities increased significantly to 2,445,282,971.73 RMB in Q1 2021, compared to 1,137,164,030.83 RMB in Q1 2020, resulting in a net cash flow from operating activities of -871,687,849.48 RMB [24] - The net cash flow from financing activities for Q1 2021 was 722,000,675.89 RMB, a substantial increase from 77,880,761.91 RMB in Q1 2020, indicating improved financing conditions [24] Assets and Liabilities - Total assets increased by 18.24% to CNY 15,018,273,853.95 compared to the end of the previous year [4] - The company’s total assets as of March 31, 2021, amounted to RMB 15,018,273.85 million, up from RMB 12,701,957.04 million at the end of 2020 [15] - As of March 31, 2021, total liabilities amounted to ¥9,083,788,690.65, an increase of 32.3% from ¥6,868,123,171.31 on December 31, 2020 [16] - The total equity attributable to shareholders reached ¥5,443,898,259.88, up from ¥5,343,271,846.50, reflecting a growth of 1.9% [16] - The company’s financial liabilities increased significantly, with short-term borrowings reaching RMB 1,361,008.68 million, up from RMB 1,152,595.50 million at the end of 2020 [15] Operational Metrics - Gross profit margin decreased due to a rise in operating costs, with Q1 2021 operating costs at RMB 271,534.66 million, up 66.87% from RMB 162,718.27 million in Q1 2020 [11] - R&D expenses increased by 79.50% to RMB 12,175.90 million in Q1 2021, reflecting the company's commitment to continuous investment in research and development [11] - Inventory surged by 255.20% to RMB 161,714.38 million as of March 31, 2021, compared to RMB 45,527.99 million at the end of 2020, indicating expanded operational scale and increased production [10] - Accounts receivable rose by 117.05% to RMB 9,578.49 million, attributed to increased sales volume [10] Shareholder Information - The number of shareholders at the end of the reporting period was 37,436 [7] - The top ten shareholders held a total of 1,000,000,000 shares, representing a significant portion of the company's equity [7] Government Support - The company received government subsidies amounting to CNY 60,338,164.14 during the reporting period [6] - Other income rose by 32.90% to RMB 6,033.82 million, driven by increased government subsidies received [11] Other Financial Metrics - The weighted average return on equity decreased by 1.91 percentage points to 1.87% [4] - Management expenses rose to RMB 67,769,720.96 in Q1 2021, compared to RMB 32,401,394.16 in Q1 2020, reflecting a 108.9% increase [19] - Financial expenses for Q1 2021 were RMB 50,895,635.79, up from RMB 37,971,934.06 in Q1 2020 [19] - The company recorded other income of RMB 60,338,164.14 in Q1 2021, compared to RMB 45,401,450.92 in Q1 2020 [19]