BeiyuanGroup(SH:601568)2021-04-19 16:00Financial Performance - Net profit attributable to shareholders was ¥485,011,801.31, representing a 55.80% increase year-on-year[5]. - Operating revenue for the period was ¥2,615,171,352.19, reflecting a growth of 27.62% compared to the same period last year[5]. - Basic earnings per share increased to ¥0.13, up 30.00% from ¥0.10 in the previous year[5]. - The net profit attributable to shareholders of the listed company increased by 56.11% to CNY 474,224,370.37 compared to the same period last year[15]. - Operating profit for Q1 2021 was ¥564,421,194.49, up 57.3% from ¥358,688,642.60 in Q1 2020[26]. - Net profit for Q1 2021 was ¥485,011,801.31, representing a 55.7% increase compared to ¥311,311,361.53 in Q1 2020[27]. - The total profit for Q1 2021 was CNY 707,050,756.32, an increase from CNY 573,702,883.14 in Q1 2020, representing a growth of approximately 23.3%[29]. - The net profit for Q1 2021 reached CNY 631,486,249.63, compared to CNY 524,752,117.46 in the same period last year, marking an increase of about 20.4%[29]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥16,569,029,386.83, an increase of 7.49% compared to the end of the previous year[5]. - Total liabilities increased to ¥3,559,725,325.94, up from ¥2,890,488,463.10, representing a growth of approximately 23.2% year-over-year[20]. - Current liabilities totaled ¥3,493,332,315.72, compared to ¥2,678,412,334.05, indicating a rise of about 30.4% year-over-year[20]. - Non-current liabilities decreased to ¥66,393,010.22 from ¥212,076,129.05, a decline of approximately 68.7% year-over-year[20]. - Total equity attributable to shareholders increased to ¥13,009,304,060.89 from ¥12,523,587,992.85, reflecting a growth of about 3.9% year-over-year[21]. - Cash and cash equivalents rose to ¥5,124,210,203.45 from ¥4,451,598,741.89, an increase of approximately 15.1% year-over-year[22]. - The company's accounts receivable increased by 30.60% to CNY 85,872,200.52, driven by increased sales of construction materials[12]. - The company's construction in progress rose by 118.39% to CNY 174,454,293.96, due to the progress of technical renovation projects[12]. Cash Flow - Net cash flow from operating activities amounted to ¥1,014,387,971.18, a significant increase of 156.92% year-on-year[5]. - The company's operating cash flow net amount increased by 156.92% to CNY 1,014,387,971.18, attributed to reduced bill payments and changes in tax prepayment methods[14]. - Cash inflow from operating activities totaled CNY 2,215,147,553.81, compared to CNY 2,090,444,024.61 in Q1 2020, reflecting an increase of approximately 6.0%[32]. - The net cash flow from operating activities for Q1 2021 was CNY 1,014,387,971.18, significantly higher than CNY 394,831,024.23 in Q1 2020[32]. - The cash outflow for financing activities in Q1 2021 was CNY 300,848,333.33, compared to CNY 213,864,180.02 in Q1 2020, showing an increase in financing costs[33]. Shareholder Information - The total number of shareholders at the end of the reporting period was 106,037[9]. - The largest shareholder, Shaanxi Coal and Chemical Industry Group, holds 1,275,166,667 shares, accounting for 35.31% of total shares[9]. Research and Development - Research and development expenses increased significantly, reflecting the company's commitment to innovation[13]. - Research and development expenses increased to ¥23,705,125.01 in Q1 2021, up from ¥13,441,471.96 in Q1 2020, reflecting a 76.5% rise[26]. Company Strategy and Outlook - The company has not disclosed any significant new product developments or market expansion strategies in this report[10]. - The company is focusing on expanding its market presence and developing new technologies[41]. - Future outlook includes strategic initiatives for growth and potential mergers and acquisitions[42]. - The company is committed to enhancing its product offerings and improving operational efficiency[41].