联泰环保(603797) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 11.25% to CNY 55,776,277.31 year-on-year[6] - Operating revenue rose by 33.24% to CNY 180,936,781.58 compared to the same period last year[6] - Basic earnings per share increased by 9.09% to CNY 0.12[6] - The company reported a net profit of ¥118,228,594.12 for Q1 2021, compared to ¥110,563,210.81 in Q4 2020, showing a growth of approximately 6.99%[24] - Net profit for Q1 2021 reached ¥57,434,593.63, representing a 15.4% increase from ¥49,897,965.88 in Q1 2020[28] - The total profit for Q1 2021 was ¥69,971,690.63, compared to ¥58,611,917.21 in Q1 2020, marking a growth of 19.8%[27] Assets and Liabilities - Total assets increased by 10.88% to CNY 8,847,950,520.86 compared to the end of the previous year[6] - Total liabilities increased to ¥6,830,078,895.17 from ¥6,101,499,997.03, marking a growth of approximately 11.93%[21] - Total non-current assets increased by 12,532.90% to ¥3,888,099,038.92 from ¥30,777,561.15, also due to accounting policy changes[11] - Non-current assets totaled ¥7,817,554,185.24, an increase from ¥7,161,083,095.14, reflecting a growth of about 9.16%[20] - Current liabilities decreased to ¥1,722,845,615.58 from ¥1,972,001,198.85, a reduction of approximately 12.63%[20] - Long-term borrowings rose to ¥4,672,880,197.74, compared to ¥3,731,645,634.99, indicating an increase of about 25.24%[21] Cash Flow - Net cash flow from operating activities decreased by 55.50% to CNY 46,843,398.57 compared to the previous year[6] - The net cash flow from operating activities decreased by 55.50% to ¥46,843,398.57 from ¥105,265,564.09, attributed to increased operational expenditures[12] - The net cash flow from investing activities worsened by 132.44%, reaching -¥743,720,450.05 compared to -¥319,960,260.09, due to increased investment in construction projects[12] - The net cash flow from financing activities increased by 227.71% to ¥793,754,591.68 from ¥242,210,608.61, reflecting higher bank loan receipts[12] - The cash inflow from sales was ¥111,163,635.63, a decrease of 23.4% compared to ¥145,187,613.59 in Q1 2020[33] Shareholder Information - The total number of shareholders reached 18,255 by the end of the reporting period[9] - The largest shareholder, Guangdong LianTai Group Co., Ltd., holds 48.96% of the shares[9] Government Support and Commitments - The company received government subsidies amounting to CNY 59,939.99 during the reporting period[8] - The company has committed not to reduce its holdings in LianTai Environmental stocks for a specified period[10] Operational Costs and Expenses - Operating costs rose by 38.83% to ¥55,439,005.41 from ¥39,933,671.05, primarily due to increased operational costs in projects[12] - Financial expenses increased by 44.29% to ¥48,223,450.60 from ¥33,420,841.53, influenced by accounting policy changes[12] - Research and development expenses for Q1 2021 were ¥249,352.38, a rise from ¥211,622.60 in Q1 2020[27] Other Financial Metrics - The weighted average return on equity decreased by 0.16 percentage points to 3.25%[6] - The company reported a gross profit margin of approximately 60.9% in Q1 2021, compared to 61.5% in Q1 2020[27] - The company achieved an investment income of ¥109,066.62 in Q1 2021, up from ¥69,616.43 in Q1 2020[27]