晶科科技(601778) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders was -¥110,902,890.54, a significant decline from -¥24,302,848.39 in the same period last year[12] - Operating revenue for the period was ¥705,978,867.52, a slight decrease of 0.24% year-on-year[12] - The company experienced a decrease in net profit attributable to shareholders after deducting non-recurring gains and losses, which was -¥57,227,210.46 compared to -¥30,845,338.07 in the previous year[12] - Basic earnings per share were -¥0.04, down from -¥0.01 in the same period last year[12] - Net profit for Q1 2021 was a loss of ¥108,698,080.29, compared to a loss of ¥22,950,728.53 in Q1 2020, indicating a significant increase in losses[46] - The company's operating profit for Q1 2021 was a loss of ¥88,851,543.11, worsening from a loss of ¥16,309,101.90 in Q1 2020[46] - The company reported a total comprehensive loss of ¥106,117,444.10 for Q1 2021, compared to a loss of ¥21,502,001.59 in Q1 2020[46] - The company's investment income for Q1 2021 was a loss of ¥37,579,632.18, contrasting with a gain of ¥10,464,250.76 in Q1 2020[43] - The net loss for Q1 2021 was ¥25,542,412.75, compared to a net loss of ¥3,017,497 in Q1 2020, indicating a significant decline in profitability[50] - The total comprehensive loss for Q1 2021 was ¥25,542,412.75, which is the same as the net loss, indicating no other comprehensive income during the period[50] Cash Flow - Net cash flow from operating activities was -¥25,597,724.79, a drastic change from ¥25,328,267.08 in the previous year, reflecting a decrease of 201.06%[12] - The company reported a net cash flow from operating activities of -CNY 25,597,724.79, a decrease of 201.06% compared to the previous year[21] - The net cash flow from operating activities for Q1 2021 was ¥48,826,736.38, a significant improvement compared to a net outflow of ¥206,638,751.50 in Q1 2020[58] - Total cash inflow from operating activities reached ¥587,872,696.72, up from ¥257,561,855.82 in the same period last year[58] - Cash outflow for purchasing goods and services was ¥428,687,741.25, compared to ¥369,057,862.71 in Q1 2020, indicating increased operational costs[58] - The company reported a net cash outflow from operating activities of ¥25,597,724.79 in Q1 2021, compared to a net inflow of ¥25,328,267.08 in Q1 2020[54] Assets and Liabilities - Total assets at the end of the reporting period reached ¥29,721,979,990.16, an increase of 1.42% compared to the end of the previous year[12] - Total liabilities rose to ¥18,774,099,020.22, up from ¥18,154,435,146.76, reflecting an increase of around 3.41%[32] - Current liabilities decreased to ¥7,890,884,764.71 from ¥8,234,080,073.09, a reduction of approximately 4.17%[32] - Non-current assets totaled ¥19,238,793,741.77, compared to ¥18,945,118,939.02, indicating an increase of about 1.54%[32] - Total liabilities increased to ¥8,519,365,366.24 in Q1 2021 from ¥8,259,673,156.11 in Q1 2020, reflecting a growth of 3.1%[43] - Total equity decreased to ¥8,583,044,484.45 in Q1 2021 from ¥8,608,741,769.94 in Q1 2020, a decline of 0.3%[43] Shareholder Information - The number of shareholders at the end of the reporting period was 97,858[15] - The largest shareholder, Jinko Solar Group Co., Ltd., held 30.86% of the shares, amounting to 853,400,000 shares[15] Investment Activities - The company plans to issue up to CNY 3 billion in convertible bonds to fund five photovoltaic power station projects totaling 584.3MW[22] - A joint investment project for a 2GW photovoltaic power station in Jiangxi Province is expected to generate approximately CNY 8.28 billion in annual revenue[22] - The company is participating in a bidding process for an 835MW photovoltaic power station project in Uzbekistan[22] - The total investment for the Jiangxi photovoltaic project is estimated at CNY 8.8 billion, to be constructed in four phases[22] Financial Position - The company maintained a stable financial position with no significant changes in equity instruments[73] - The company did not apply the new leasing standards for retrospective adjustments[75] - There were no applicable audit reports for the current period[75]