恒立液压(601100) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 125.53% to CNY 783,126,513.21 year-on-year[4] - Operating revenue surged by 108.71% to CNY 2,856,640,170.33 compared to the same period last year[4] - Basic earnings per share increased by 122.22% to CNY 0.60[4] - Net profit for the period was ¥784,155,623.26, representing a 125.45% increase from ¥347,822,765.52 year-on-year, attributed to substantial growth in product sales, particularly in excavator cylinders and non-standard cylinders[10] - Operating profit for Q1 2021 was ¥935,235,200.68, representing a 124.7% increase from ¥417,419,869.34 in Q1 2020[21] - Net profit for Q1 2021 was ¥937,531,382.29, compared to ¥418,194,465.73 in Q1 2020, indicating a growth of 124.7%[21] Revenue and Costs - The company's operating revenue reached ¥2,856,640,170.33, a significant increase of 108.71% compared to ¥1,368,713,953.54 in the previous year, driven by strong demand in downstream industries and improved product competitiveness[10] - Total operating revenue for Q1 2021 reached ¥2,856,640,170.33, a significant increase of 108.0% compared to ¥1,368,713,953.54 in Q1 2020[21] - Total operating costs for Q1 2021 were ¥1,914,055,397.71, up 101.7% from ¥950,083,593.26 in Q1 2020[21] Cash Flow - Net cash flow from operating activities increased by 85.41% to CNY 310,210,543.00[4] - Cash flow from operating activities showed a net increase of ¥310,210,543.00, up 85.41% from ¥167,309,598.60, primarily due to significant sales growth and timely collection of receivables[12] - Cash inflow from operating activities in Q1 2021 was CNY 2,155,750,776.59, a substantial increase from CNY 989,676,168.94 in Q1 2020[25] - The net cash flow from operating activities was 310,210,543.00 CNY, an increase from 167,309,598.60 CNY in the previous year, reflecting a growth of approximately 85.0%[26] Assets and Liabilities - Total assets increased by 10.20% to CNY 11,703,083,018.36 compared to the end of the previous year[4] - Current assets totaled ¥8.68 billion, up from ¥7.59 billion year-over-year, indicating a growth of about 14.3%[15] - Total liabilities amounted to ¥3.58 billion, up from ¥3.27 billion, which is an increase of approximately 9.5%[17] - Total liabilities increased to ¥2,633,369,794.32 from ¥2,411,248,972.49, reflecting a growth of 9.2%[20] Shareholder Information - The total number of shareholders reached 60,612 by the end of the reporting period[6] - The company's equity increased to ¥8.13 billion from ¥7.35 billion, representing a growth of approximately 10.6%[17] Research and Development - Research and development expenses increased by 114.75% to ¥114,137,192.58, reflecting the company's commitment to enhancing its R&D capabilities[10] - Research and development expenses in Q1 2021 amounted to ¥114,137,192.58, which is a 114.5% increase compared to ¥53,149,244.44 in Q1 2020[21] Investment Activities - The company reported a 2690.00% increase in cash received from investment recoveries, totaling ¥1,395,000,000.00, due to increased redemption of financial products[12] - Total cash inflow from investment activities reached 1,412,821,958.85 CNY, significantly higher than 67,953,226.97 CNY in the same period last year[26] - The net cash flow from investment activities was 526,168,591.48 CNY, compared to a negative cash flow of -127,820,850.65 CNY in the previous year, indicating a turnaround[26] Financial Expenses - The company’s financial expenses rose by 105.76% to ¥2,156,964.13, primarily due to fluctuations in the US dollar exchange rate[10] - The company reported a decrease in financial expenses, with interest expenses at CNY 6,603,750.04 in Q1 2021, down from CNY 8,323,202.75 in Q1 2020[23]