济南高新(600807) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter reached CNY 247,945,504.56, a 39.51% increase year-on-year[7] - Net profit attributable to shareholders was CNY -71,435,713.74, a decrease of 226.88% compared to the same period last year[7] - The net cash flow from operating activities was CNY -113,292,145.19, down 146.76% year-on-year[7] - Basic earnings per share were CNY -0.08, a decline of 214.29% compared to the previous year[7] - Total revenue for the reporting period was CNY 247,945,504.56, representing a 39.51% increase compared to the previous period's revenue of CNY 177,719,641.37[24] - Operating profit for Q1 2021 was a loss of CNY 51,928,894.09, compared to a profit of CNY 54,459,100.91 in Q1 2020[38] - Net profit for Q1 2021 was a loss of CNY 64,775,586.83, compared to a profit of CNY 54,213,479.02 in Q1 2020[38] - The company's total comprehensive income for Q1 2021 was a loss of ¥29,618,348.73, compared to a loss of ¥65,101,644.01 in Q1 2020, reflecting a reduction in losses[41] Assets and Liabilities - Total assets increased by 5.10% to CNY 4,946,501,634.79 compared to the end of the previous year[7] - The company's contract assets increased by 34.71% to CNY 289,903,976.64 from CNY 215,202,516.02 at the beginning of the period[22] - The amount of construction in progress rose significantly by 163.34%, reaching CNY 69,089,435.13 compared to CNY 26,236,236.31 at the start of the period[22] - Total current assets increased to CNY 2,538,493,830.48 as of March 31, 2021, up from CNY 2,383,154,324.07 at the end of 2020, representing a growth of approximately 6.5%[32] - Total liabilities increased to CNY 4,356,440,865.66 as of March 31, 2021, compared to CNY 4,057,577,669.65 at the end of 2020, reflecting an increase of about 7.4%[33] - Total current liabilities rose to CNY 2,842,253,893.90 from CNY 2,678,228,408.89, reflecting an increase of about 6.1%[33] - Total non-current assets increased to CNY 2,333,991,633.23, reflecting an adjustment of CNY 10,586,994.10 due to the new leasing standards[50] Shareholder Information - The total number of shareholders was 41,730 at the end of the reporting period[10] - The top ten shareholders held a total of 192,808,689 shares, accounting for 21.80% of the total share capital[11] - The largest shareholder, Shandong Tianye Real Estate Development Group Co., Ltd., held 13.97% of the shares[10] - The company's equity attributable to shareholders decreased to CNY 421,168,706.82 from CNY 486,765,508.64, a decline of approximately 13.4%[33] Cash Flow and Financing - The net cash flow from financing activities was positive at CNY 193,959,624.05, a significant improvement compared to CNY -43,276,875.00 in the previous period[26] - The net cash flow from financing activities was CNY 7,079,925.94 in Q1 2021[50] - The net increase in cash and cash equivalents was CNY -21,737,417.15, resulting in a closing balance of CNY 4,968,861.14[50] - Cash and cash equivalents decreased to CNY 346,340,762.73 from CNY 385,112,274.73, a decline of about 10.5%[31] Borrowings - Short-term borrowings increased by 417.82% to CNY 99,143,644.47 from CNY 19,146,185.55, primarily due to new loans from financial institutions[23] - Long-term borrowings surged by 549.28% to CNY 152,906,525.49 from CNY 23,550,000.00, also attributed to increased loans from financial institutions[23] Other Financial Metrics - The weighted average return on equity decreased by 20.38 percentage points to -15.94%[7] - The company reported a credit impairment loss of CNY 2,922,359.59, which was not applicable in the previous period due to the recovery of receivables[24] - The company incurred financial expenses of ¥15,247,543.78 in Q1 2021, a decrease from ¥50,608,549.85 in Q1 2020, primarily due to reduced interest expenses[40] - The company reported a foreign exchange loss of CNY -17,330.24 in Q1 2021, compared to a gain of CNY 5,348.61 in Q1 2020[38]