中国西电(601179) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 2.84 billion, an increase of 16.57% year-on-year[4] - Net profit attributable to shareholders was CNY 88.46 million, representing a significant increase of 178.75% compared to the same period last year[4] - The company reported a significant increase in net profit after deducting non-recurring gains and losses, reaching CNY 32.46 million, up 408.84% year-on-year[4] - Basic earnings per share rose to CNY 0.017, an increase of 183.33% compared to the previous year[4] - Total operating revenue for Q1 2021 was CNY 2,897,414,119.75, an increase of 16.7% compared to CNY 2,483,696,194.98 in Q1 2020[17] - Net profit for Q1 2021 reached CNY 96,148,210.39, up from CNY 37,549,440.00 in Q1 2020, representing a growth of 156.5%[18] - Operating profit for Q1 2021 was CNY 111,432,391.68, compared to CNY 50,797,736.41 in Q1 2020, indicating a year-over-year increase of 119.5%[17] - Earnings per share for Q1 2021 was CNY 0.02, compared to CNY 0.006 in Q1 2020, representing a significant increase of 233.3%[18] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 498.22 million, a decrease of 183.55% year-on-year[4] - The total cash flow from operating activities was negative at CNY -498,215,695.76, a decline from CNY 596,304,791.67 in Q1 2020[22] - The company reported a cash and cash equivalents balance of CNY 2,464,059,564.76 at the end of Q1 2021, down from CNY 4,294,130,194.48 at the end of Q1 2020[23] - The company's cash and cash equivalents decreased to ¥3.02 billion from ¥3.97 billion, indicating a decline in liquidity[11] - The total cash inflow from operating activities decreased to ¥205,997,346.77 in Q1 2021 from ¥310,552,452.41 in Q1 2020[24] - The company’s cash flow from operating activities showed a recovery trend, indicating potential for future growth[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 35.72 billion, a decrease of 1.23% compared to the end of the previous year[4] - The company's financial assets for repurchase decreased to ¥600 million, down 55.56% from ¥1.35 billion at the beginning of the period[8] - Total liabilities decreased to ¥14,758,434,765.02 from ¥15,318,523,432.16, a decline of about 3.66%[13] - Current liabilities decreased to ¥13,139,206,821.87 from ¥13,705,765,398.34, a reduction of approximately 4.14%[12] - Total liabilities as of Q1 2021 amounted to CNY 1,799,376,360.90, compared to CNY 1,471,368,222.75 in Q1 2020, marking an increase of 22.2%[17] - The company reported a total asset value of ¥36,164,560,341.56 as of Q1 2021, slightly down from ¥36,196,679,537.89 at the end of 2020[27] Shareholder Information - The total number of shareholders at the end of the reporting period was 163,318[6] - The largest shareholder, China Xidian Group Co., Ltd., held 50.94% of the shares[6] Investment and Expenses - Research and development expenses for Q1 2021 totaled CNY 105,238,995.02, an increase from CNY 82,261,072.47 in Q1 2020, reflecting a growth of 28%[17] - The company reported a significant increase in investment payments, totaling ¥710 million, up 129.04% from ¥310 million in the previous year[9] - The total investment cash outflow for Q1 2021 was CNY 760,138,890.16, compared to CNY 390,218,952.96 in Q1 2020, indicating increased investment activity[22] Government Support - The company received government subsidies amounting to CNY 24.49 million, which are closely related to its normal business operations[5] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[18]