英利汽车(601279) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 1,002,083,771, representing a year-on-year increase of 19.90%[12] - Net profit attributable to shareholders was CNY 14,099,402, a significant recovery from a loss of CNY 27,393,240 in the same period last year[12] - Basic earnings per share were CNY 0.01, recovering from a loss of CNY 0.02 per share in the same period last year[12] - Net profit for Q1 2021 was ¥23,712,404, a significant recovery from a net loss of ¥19,676,457 in Q1 2020[24] - The total profit for Q1 2021 was CNY 28,796,537, compared to a total loss of CNY 23,415,629 in Q1 2020[47] - The company anticipates continued growth in sales and profitability in the upcoming quarters[27] Cash Flow - Net cash flow from operating activities was CNY 248,696,068, down 29.68% compared to the previous year[12] - Cash inflow from operating activities for Q1 2021 was ¥1,325,278,205, an increase from ¥1,201,421,665 in Q1 2020, representing a growth of approximately 10.3%[57] - Net cash outflow from operating activities for Q1 2021 was ¥1,076,582,137, compared to ¥847,766,219 in Q1 2020, indicating an increase of about 27%[57] - Cash inflow from investment activities for Q1 2021 was ¥1,092,883,780, significantly higher than ¥797,801,054 in Q1 2020, marking an increase of around 37%[57] - Net cash outflow from investment activities for Q1 2021 was ¥170,493,849, compared to ¥59,614,034 in Q1 2020, reflecting an increase of approximately 186%[59] - Cash inflow from financing activities for Q1 2021 was ¥50,028,532, a decrease from ¥313,053,310 in Q1 2020, representing a decline of about 84%[59] - Net cash flow from financing activities for Q1 2021 was -¥102,431,615, contrasting with a positive cash flow of ¥65,402,565 in Q1 2020[59] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,989,531,859, a decrease of 0.47% compared to the end of the previous year[12] - Total liabilities decreased to CNY 3,304,310,852 from CNY 3,359,043,319, showing a reduction of about 1.6%[35] - The total equity attributable to shareholders increased to CNY 3,262,096,954 from CNY 3,250,219,975, marking a growth of approximately 0.4%[37] - The company's inventory as of March 31, 2021, was CNY 271,006,283, compared to CNY 228,243,451 at the end of 2020, indicating an increase of about 18.7%[41] - The total current liabilities included employee compensation payable of ¥57,472,519 and tax payable of ¥31,479,462[68] Shareholder Information - The total number of shareholders at the end of the reporting period was 7[19] - The largest shareholder, Cayman Yingli Industrial Co., Ltd., held 1,298,704,372 shares, accounting for 96.57% of the total shares[19] Research and Development - Research and development expenses rose by 40% to ¥46,144,217 due to increased R&D investments[24] - Research and development expenses decreased to CNY 9,700,009 from CNY 8,648,831, indicating a rise of approximately 12.1% year-over-year[49] Government Subsidies - The company received government subsidies amounting to CNY 2,080,521, which are closely related to its normal business operations[14] Financial Expenses - The company reported a 48% decrease in financial expenses to ¥8,936,821 due to reduced foreign exchange losses[24] - Financial expenses were reduced to CNY 4,837,900 from CNY 6,908,264, showing a decrease of about 30%[49] Investment Income - The company reported investment income of CNY 4,682,700, a turnaround from an investment loss of CNY 4,638,517 in the previous year[47] Comprehensive Income - Other comprehensive income after tax for Q1 2021 was CNY 9,613,002, compared to CNY 7,716,783 in the same period last year[47] - The total comprehensive income for Q1 2021 was CNY 21,519,283, a recovery from a total comprehensive loss of CNY 19,823,338 in the previous year[49] Changes in Accounting Standards - The company is implementing new leasing accounting standards effective January 1, 2021, which may impact future financial reporting[79]