永冠新材(603681) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was ¥710,063,680.17, representing a significant increase of 78.03% year-on-year[7]. - Net profit attributable to shareholders was ¥60,440,840.78, marking a substantial growth of 235.97% compared to the same period last year[7]. - Basic earnings per share increased to ¥0.36, up 227.27% from ¥0.11 in the same quarter last year[7]. - The company reported a significant increase in investment income, which surged by 775.05% to ¥12,762,513.58 from ¥1,458,489.74, driven by gains from derivative financial products[15]. - The total comprehensive income for Q1 2021 was ¥60,819,266.64, compared to ¥17,902,773.36 in Q1 2020, marking an increase of 239.5%[29]. - Operating profit for Q1 2021 was ¥68,904,799.58, compared to ¥18,973,108.04 in Q1 2020, reflecting a growth of 263.5%[28]. Cash Flow - The net cash flow from operating activities was -¥96,606,968.65, a decrease of 527.72% compared to the previous year[7]. - The company's cash flow from operating activities showed a negative net amount of -¥96,606,968.65, a decline of 527.72% compared to ¥22,586,549.73 in the previous period[15]. - In Q1 2021, the company reported cash inflows from operating activities of approximately ¥757.42 million, a significant increase from ¥460.16 million in Q1 2020, representing a growth of 64.5%[33]. - The net cash flow from financing activities was negative at -¥27.16 million, compared to a positive cash flow of ¥124.79 million in Q1 2020[34]. - The company experienced a net cash outflow from investing activities of approximately -¥121.10 million, a decline from a positive cash flow of ¥6.08 million in Q1 2020[34]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,397,605,988.10, a slight increase of 0.07% compared to the end of the previous year[7]. - Total liabilities amounted to CNY 1,779,916,246.73, down from CNY 1,838,242,174.37, showing a decline of approximately 3.2%[22]. - Current liabilities decreased to CNY 1,137,300,413.45 from CNY 1,196,426,809.83, representing a reduction of about 4.9%[21]. - Shareholders' equity increased to CNY 1,617,689,741.37 from CNY 1,556,870,474.73, reflecting a growth of about 3.4%[22]. - The company's inventory increased to ¥486,327,397.27 from ¥390,222,085.05, indicating a rise in stock levels[20]. Shareholder Information - The number of shareholders at the end of the reporting period was 13,587[10]. - The largest shareholder, Lü Xinmin, holds 46.82% of the shares, which are fully pledged[10]. Expenses - Operating costs increased by 85.30% to ¥616,252,441.76 from ¥332,571,065.14, primarily due to higher sales volume and reclassification of certain expenses[15]. - Research and development expenses rose by 33.56% to ¥24,392,649.22 from ¥18,263,815.36, reflecting increased investment in R&D activities[15]. - The company’s management expenses increased by 42.61% to ¥12,010,499.54 from ¥8,421,986.61, mainly due to higher office and consulting service costs[15].