正平股份(603843) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue rose by 89.14% to CNY 979,338,904.33 year-on-year[5] - Net profit attributable to shareholders was CNY 8,579,429.56, a significant increase of 194.97% compared to the same period last year[5] - Basic and diluted earnings per share both improved to CNY 0.02, compared to CNY -0.02 in the previous year[7] - The company's operating revenue for Q1 2021 was CNY 979,338,904.33, an increase of 89.14% compared to CNY 517,791,728.88 in Q1 2020[15] - The company's operating costs for Q1 2021 were CNY 910,628,677.71, reflecting a 92.92% increase from CNY 472,032,899.36 in Q1 2020[15] - The net profit for Q1 2021 reached CNY 22,648,228.59, compared to a net profit of CNY 1,219,957.32 in the same period last year, marking a substantial increase[33] - The total profit for Q1 2021 was CNY 28,435,894.98, up from CNY 1,483,629.34 in Q1 2020, indicating a strong performance[33] - The total comprehensive income for Q1 2021 was CNY 22,665,702.25, compared to CNY 1,219,957.32 in Q1 2020, showcasing overall growth[34] Assets and Liabilities - Total assets increased by 4.15% to CNY 7,465,927,088.82 compared to the end of the previous year[5] - The total assets as of March 31, 2021, amounted to CNY 7,465,927,088.82, compared to CNY 7,168,193,104.89 at the end of 2020[21] - Total liabilities increased to ¥4,384,509,671.79 in Q1 2021 from ¥3,864,871,511.89 in Q4 2020, indicating a rise of about 13.4%[27] - The company reported a total of ¥3,452,805,263.16 in current assets, with cash and cash equivalents at ¥471,732,153.01[49] - The company has a total of ¥3,864,871,511.89 in total liabilities, with non-current liabilities at ¥366,847,032.72[50] Cash Flow - The net cash flow from operating activities improved by 28.05%, reaching CNY -144,554,840.49[5] - The company's cash flow from financing activities increased by 54.44%, reaching CNY 235,244,500.86 compared to CNY 152,324,388.08 in Q1 2020[15] - The cash flow from operating activities for Q1 2021 was negative at CNY -144,554,840.49, an improvement from CNY -200,896,568.63 in Q1 2020[38] - The company reported a significant increase in cash inflow from operating activities, totaling CNY 1,301,338,431.69 in Q1 2021, compared to CNY 1,077,922,005.53 in Q1 2020[38] - The net cash flow from financing activities was -¥74,606,407.07, contrasting with a positive net flow of ¥46,590,562.54 in the previous year[42] Shareholder Information - The total number of shareholders reached 27,884 by the end of the reporting period[12] - The top shareholder, Jin Shengguang, holds 26.65% of the shares, with a total of 149,255,273 shares[12] Investments and Projects - The company secured a contract for the construction of a highway bridge project in Taizhou, Zhejiang, with a contract value of CNY 99,394,888.00 and a planned duration of 22 months[16] - The company was awarded a PPP project in Qujing, Yunnan, with a total contract value of approximately CNY 125,945.57 million and a cooperation period of 21 years[16] - The company invested ¥367,624.00 in research and development during Q1 2021, indicating a focus on innovation[29] Other Financial Metrics - The weighted average return on net assets increased to 0.57% from -0.65%[5] - The company's financial expenses decreased to CNY 10,367,408.40 in Q1 2021 from CNY 24,669,058.57 in Q1 2020, reflecting improved cost management[33] - The company recorded a credit impairment loss of CNY -3,965,187.41 in Q1 2021, a decrease from CNY 11,056,175.68 in Q1 2020, indicating improved asset quality[33]