台华新材(603055) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter reached CNY 738,938,171.61, a 57.89% increase year-on-year[11] - Net profit attributable to shareholders surged by 458.10% to CNY 97,916,784.45 compared to the same period last year[11] - The net profit after deducting non-recurring gains and losses increased by 828.82% to CNY 94,934,937.47 year-on-year[11] - Basic earnings per share rose by 500.00% to CNY 0.12 compared to the previous year[11] - The company's net profit for the current period was 97,674,567.08, representing a significant increase of 456.72% from 17,544,637.06 in the previous year[20] - Total operating revenue for Q1 2021 reached ¥738,938,171.61, a significant increase of 57.8% compared to ¥467,998,391.27 in Q1 2020[43] - Net profit for Q1 2021 was ¥97,674,567.08, compared to ¥17,544,637.06 in Q1 2020, representing a growth of 454.5%[46] - Operating profit for Q1 2021 was ¥115,898,193.94, up from ¥18,633,570.52 in Q1 2020, indicating a substantial increase of 520.5%[46] - The company reported a total profit of ¥115,395,152.65 for Q1 2021, compared to ¥18,171,983.52 in Q1 2020, an increase of 535.5%[46] Assets and Liabilities - Total assets increased by 7.09% to CNY 5,839,782,132.16 compared to the end of the previous year[11] - The total assets increased to 2,605,521,350.34, up from 2,184,140,922.17, indicating a growth in total assets[28] - Total assets increased to $5,839,782,132.16 from $5,453,002,813.39, representing a growth of approximately 7.05%[32] - Non-current liabilities rose to $1,279,239,726.33 from $1,077,119,985.47, an increase of about 18.73%[32] - Current liabilities totaled $1,460,555,546.94, up from $1,373,570,536.12, reflecting a growth of approximately 6.37%[32] - The company's long-term borrowings increased by 32.49% to 806,590,183.72, attributed to increased project financing[20] - The total liabilities increased, with notes payable rising by 64.31% to 544,989,208.83, indicating increased settlement payments[20] Cash Flow - The company reported a net cash flow from operating activities of CNY -132,201,582.80, which is not comparable to the previous year[11] - The cash flow from operating activities showed a significant improvement, with a net cash inflow compared to a net outflow of 132,201,582.80 in the previous year[20] - Cash inflow from operating activities was CNY 533,795,207.13, up from CNY 429,061,089.47 in the first quarter of 2020[52] - Net cash flow from operating activities was CNY 43,495,305.77, a significant improvement from a negative CNY 132,201,582.80 in the same period last year[52] - Cash inflow from investment activities totaled CNY 167,060,294.44, compared to CNY 188,993,615.32 in the previous year[54] - Net cash flow from investment activities was negative CNY 150,163,307.02, worsening from negative CNY 100,930,088.28 year-over-year[54] - Cash inflow from financing activities was CNY 239,157,149.28, down from CNY 551,611,540.77 in Q1 2020[54] - Net cash flow from financing activities was CNY 152,626,449.77, a decrease from CNY 161,468,936.98 in the same quarter last year[54] - The ending balance of cash and cash equivalents was CNY 280,999,812.12, an increase from CNY 229,149,429.12 year-over-year[54] Shareholder Information - The total number of shareholders at the end of the reporting period was 12,589[17] - The largest shareholder, Fuhua Global Co., Ltd., holds 33.84% of the shares[17] Research and Development - Research and development expenses in Q1 2021 amounted to ¥34,230,877.26, an increase from ¥31,310,557.50 in Q1 2020, reflecting a focus on innovation[43] Other Financial Metrics - The weighted average return on equity increased by 2.55 percentage points to 3.21%[11] - The company's financial expenses decreased by 69.84% to 3,706,305.83, primarily due to an increase in exchange gains[20] - The company reported a decrease in other income by 64.64% to 2,857,296.18, primarily due to a reduction in government subsidies received[20] - Total comprehensive income amounted to CNY 14,125,753.50, a decrease of CNY 5,290,793.79 compared to the previous year[52] - The company's total equity increased to $3,099,986,858.89 from $3,002,312,291.80, reflecting a growth of about 3.25%[32]