上海环境(601200) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter reached CNY 1,063,690,446.20, representing a 19.55% increase year-on-year[12]. - Net profit attributable to shareholders increased by 43.48% to CNY 202,511,653.17 compared to the same period last year[12]. - Basic earnings per share rose by 16.81% to CNY 0.18051[12]. - Operating profit for Q1 2021 was RMB 307,770,287.40, compared to RMB 202,489,860.67 in Q1 2020, reflecting a 52.0% increase[47]. - Net profit for Q1 2021 was RMB 262,081,565.30, up 53.1% from RMB 171,268,965.98 in Q1 2020[47]. - Research and development expenses increased significantly to RMB 20,890,567.18 in Q1 2021, compared to RMB 8,619,705.40 in Q1 2020, marking a 142.3% rise[45]. - The company reported a total cost of operations of RMB 768,484,862.34 in Q1 2021, which is a 8.8% increase from RMB 705,903,139.80 in Q1 2020[45]. - Earnings per share (EPS) for Q1 2021 was RMB 0.18051, compared to RMB 0.15453 in Q1 2020, indicating a 16.8% increase[47]. Cash Flow - Net cash flow from operating activities decreased significantly by 144.14% to -CNY 65,398,634.60 compared to the previous year[12]. - In Q1 2021, the company's cash inflow from operating activities was CNY 977,723,368.07, a decrease of 11.6% compared to CNY 1,105,957,645.86 in Q1 2020[55]. - The net cash flow from operating activities in Q1 2021 was negative CNY 65,398,634.60, compared to a positive CNY 148,178,294.35 in Q1 2020[55]. - The total cash inflow from investing activities in Q1 2021 was CNY 9,742,629.32, significantly higher than CNY 2,583,503.24 in Q1 2020[55]. - The net cash flow from investing activities was negative CNY 848,644,766.15 in Q1 2021, an improvement from negative CNY 1,039,497,292.66 in Q1 2020[55]. - The cash inflow from financing activities in Q1 2021 was CNY 4,653,223,258.74, a substantial increase from CNY 600,044,850.00 in Q1 2020[56]. - The net cash flow from financing activities was CNY 541,533,036.25 in Q1 2021, compared to CNY 491,068,862.44 in Q1 2020, indicating a positive trend[56]. Assets and Liabilities - Total assets increased by 3.67% to CNY 28,049,550,622.53 compared to the end of the previous year[12]. - Total liabilities rose to ¥16,682,197,389.29, compared to ¥15,952,179,148.81, reflecting an increase of about 4.58%[34]. - Shareholders' equity totaled ¥11,367,353,233.24, up from ¥11,105,271,667.94, indicating a growth of approximately 2.36%[36]. - Current liabilities increased to ¥9,620,865,152.63 from ¥9,240,011,159.35, marking a rise of about 4.13%[34]. - Non-current assets totaled ¥10,014,821,997.46, compared to ¥9,485,110,868.24, showing an increase of approximately 5.59%[42]. - Long-term borrowings rose to ¥5,344,054,023.09 from ¥5,034,132,950.39, reflecting an increase of approximately 6.16%[34]. - The company’s cash and cash equivalents decreased to ¥210,596,534.19 from ¥445,701,394.91, a decline of approximately 52.8%[38]. - The company has a total of approximately $1.05 billion in deferred income[68]. Shareholder Information - The number of shareholders at the end of the reporting period was 91,493[14]. - The company reported an increase in undistributed profits to ¥3,944,919,350.29 from ¥3,742,407,697.12, which is an increase of about 5.42%[36]. Research and Development - Research and development expenses increased by 122.71% year-on-year, amounting to 208.91 million RMB, primarily due to increased R&D project expenditures by subsidiaries[22]. - Management highlighted the importance of ongoing research and development efforts to enhance product offerings and maintain competitive advantage[46]. Investment Income - Investment income improved significantly, with a year-on-year increase of 785.46 million RMB, primarily due to changes in investment income from joint ventures[22]. - The company achieved an investment income of RMB 427,358.47 in Q1 2021, a recovery from a loss of RMB 7,418,619.90 in Q1 2020[45].