HYMD(600971)2021-04-22 16:00Financial Performance - Operating revenue for the period was ¥1,563,432,639.92, representing a year-on-year increase of 27.07%[18] - Net profit attributable to shareholders was ¥248,082,641.04, up 24.15% from the same period last year[18] - Basic earnings per share increased to ¥0.2067, reflecting a growth of 24.15% compared to the previous year[18] - The weighted average return on equity rose to 2.63%, an increase of 17.20 percentage points year-on-year[18] - The company reported a significant increase in investment income of RMB 25,812,813.96, up 275.65% year-on-year, attributed to higher returns from joint ventures[32] - The company's net profit after deducting non-recurring gains and losses was ¥247,202,574.49, an increase of 25.75% year-on-year[18] - The total comprehensive income for Q1 2021 was ¥249,133,435.03, compared to ¥200,804,362.46 in Q1 2020, showing a growth of approximately 24%[61] Cash Flow - Net cash flow from operating activities was ¥363,031,480.39, a decrease of 4.67% compared to the previous year[18] - The net cash flow from operating activities for Q1 2021 was CNY 363,031,480.39, slightly down from CNY 380,816,500.81 in Q1 2020[68] - Net cash flow from financing activities was $127.39 million, down from $437.11 million[73] - Cash outflow for debt repayment was $600 million, an increase from $350 million[73] - The company incurred a credit impairment loss of CNY -801,798.34 in Q1 2021, an improvement from CNY -6,404,403.89 in Q1 2020[64] Assets and Liabilities - Total assets at the end of the reporting period reached ¥16,321,226,123.59, an increase of 4.06% compared to the end of the previous year[18] - The total number of shareholders at the end of the reporting period was 47,245[25] - The company's non-current assets totaled ¥8,026,325,729.78, an increase from ¥7,679,156,476.33, reflecting a growth of approximately 4.5%[47] - Current liabilities increased to ¥4,886,429,678.25 from ¥4,606,362,487.97, showing a rise of about 6.1%[47] - The total liabilities increased to ¥6,668,332,605.34 from ¥6,357,415,513.27, reflecting a rise of approximately 4.88%[53] - The company's total liabilities and equity reached ¥16,321,226,123.59, up from ¥15,684,884,602.13, representing an increase of about 4.06%[53] Shareholder Information - The largest shareholder, Anhui Wanbei Coal Power Group Co., Ltd., holds 54.96% of the shares, with 329,500,000 shares pledged[25] Legal Matters - The company is involved in multiple ongoing litigations, including a claim for damages amounting to ¥2,695,100.00 related to a property damage dispute[37] - The company has a pending lawsuit with Anhui Xinyuan Thermal Power regarding a contract dispute with a claim amount of ¥20,510,000.00[39] - The company has initiated negotiations with Xu Zhou Jingdu Construction Engineering Co., Ltd. regarding a contract dispute over unpaid project fees[40] Research and Development - Research and development expenses for the first quarter amounted to RMB 55,730,096.20, marking the resumption of projects that were previously delayed[32] - Research and development expenses for Q1 2021 were ¥55,730,096.20, consistent with the previous reporting period[61] Inventory and Receivables - The company reported a total inventory of ¥305,731,224.27, slightly up from ¥302,613,051.68, indicating a marginal increase of about 1%[44] - Accounts receivable decreased to ¥147,312,537.04 from ¥166,228,668.17, representing a decline of about 11.3%[44] - Other receivables rose by 32.84% to RMB 55,167,216.76, driven by an increase in receivables from transactions[31] Financial Ratios - The company's retained earnings increased to ¥4,841,414,137.73 from ¥4,593,331,496.69, reflecting a growth of about 5.39%[53] - The company's equity attributable to shareholders rose to ¥9,552,316,505.18, up from ¥9,227,959,087.60, marking an increase of about 3.51%[53]