胜华新材(603026) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders reached CNY 231,939,752.94, a significant increase of 1,409.41% compared to the same period last year[12] - Operating revenue surged by 93.50% to CNY 1,684,672,237.41 year-on-year[12] - Basic earnings per share improved to CNY 1.14, compared to a loss of CNY 0.09 in the same period last year[12] - Operating profit for Q1 2021 was ¥289,393,621.29, a significant improvement from an operating loss of ¥8,767,755.76 in Q1 2020[48] - Net profit for Q1 2021 was ¥243,692,282.70, compared to a net loss of ¥12,021,740.75 in Q1 2020, indicating a turnaround in profitability[48] - The company’s total comprehensive income for the first quarter of 2021 was 180,688,163.18, a significant improvement from a loss of 30,829,101.31 in the first quarter of 2020[54] Assets and Liabilities - Total assets increased by 6.68% to CNY 3,499,204,587.61 compared to the end of the previous year[12] - The total assets of the company as of March 31, 2021, amounted to ¥3,499,204,587.61, an increase from ¥3,279,988,398.87 at the end of 2020[33] - Total liabilities decreased to ¥963,069,749.41 from ¥989,560,032.40, a decline of about 2.7%[36] - Total equity attributable to shareholders increased to ¥2,293,606,190.95 from ¥2,059,841,691.36, showing a growth of approximately 11.3%[38] - Total assets rose to ¥3,205,199,064.66 from ¥2,892,933,294.50, indicating an increase of about 10.8%[42] - Total liabilities increased to ¥1,201,349,737.20 in Q1 2021 from ¥1,069,363,520.34 in Q1 2020, reflecting a growth of about 12.3%[44] Cash Flow - Net cash flow from operating activities rose by 74.21% to CNY 193,142,103.25 compared to the same period last year[12] - Cash inflow from operating activities reached 1,407,663,592.34, up from 850,474,851.47 in the first quarter of 2020, reflecting a growth of approximately 65.3%[58] - Cash outflow from operating activities totaled 1,214,521,489.09, compared to 739,606,450.63 in the first quarter of 2020, resulting in a net cash flow from operating activities of 193,142,103.25[58] - The company reported cash inflow from investment activities of 122,164,908.51, down from 584,512,302.79 in the first quarter of 2020[60] - The net cash flow from investment activities was 9,697,133.80, a decrease from 155,538,757.78 in the same period of 2020[60] - Cash inflow from financing activities was 265,000,000.00, while cash outflow totaled 174,159,046.71, resulting in a net cash flow from financing activities of -174,159,046.71[60] Shareholder Information - The total number of shareholders reached 21,941 by the end of the reporting period[16] - The top ten shareholders collectively hold significant stakes, with the largest shareholder owning 8.42%[16] Expenses and Costs - The company's net profit for Q1 2021 was significantly impacted by a 64.97% increase in operating costs, totaling ¥1,237,897,923.37, compared to ¥750,383,807.92 in the same period last year[24] - The company reported a total operating cost of ¥1,423,128,542.85 in Q1 2021, compared to ¥850,240,496.34 in Q1 2020, which is an increase of about 67.2%[44] - The company reported a significant increase in management expenses by 219.26% to ¥110,581,233.13, compared to ¥34,636,885.70 in the previous year, primarily due to increased salaries and benefits[24] Other Financial Metrics - The weighted average return on equity increased by 11.64 percentage points to 10.66%[12] - Research and development expenses for Q1 2021 were ¥51,394,544.96, compared to ¥37,365,039.97 in Q1 2020, showing an increase of about 37.6%[44] - The company’s financial expenses decreased to ¥489,214.85 in Q1 2021 from ¥3,556,335.11 in Q1 2020, a reduction of approximately 86.3%[48] Tax and Government Subsidies - The company reported government subsidies recognized in the current period amounting to CNY 1,119,141.31[15] - The company's tax payable increased by 106.11% to ¥99,177,321.18 from ¥48,119,651.76, driven by higher revenue leading to increased VAT and income tax[21] - The company received tax refunds amounting to 39,894,164.15 in the first quarter of 2021, compared to 28,516,209.41 in the same period of 2020[58]