吉华集团(603980) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 672,093,601.84, representing a year-on-year increase of 59.22%[6] - Net profit attributable to shareholders was CNY 113,912,312.09, an increase of 222.31% compared to the same period last year[6] - Basic earnings per share reached CNY 0.16, up 220% from CNY 0.05 in the previous year[7] - The company reported a significant increase in net profit, indicating strong operational performance and market demand[6] - Total operating revenue rose by 59.22% to ¥672,093,601.84, driven by increased product sales volume[13] - Operating profit for Q1 2021 was ¥146,976,760.51, up from ¥47,970,873.83 in Q1 2020, representing a growth of 206.5%[24] - Net profit for Q1 2021 was ¥113,557,044.63, compared to ¥34,138,360.25 in Q1 2020, marking an increase of 232.5%[24] - The company's operating profit for Q1 2021 was approximately ¥64.30 million, a significant increase from ¥5.82 million in Q1 2020, reflecting a growth of over 1000%[28] - Net profit for Q1 2021 reached ¥48.98 million, compared to ¥4.81 million in the same period last year, indicating a year-over-year increase of approximately 920%[28] Cash Flow and Investments - The net cash flow from operating activities was negative CNY 52,626,638.35, a decline of 145.46% compared to the previous year[6] - Cash flow from operating activities showed a net outflow of ¥52.63 million in Q1 2021, contrasting with a net inflow of ¥115.76 million in Q1 2020[30] - Cash and cash equivalents at the end of the period decreased by 39.55% to ¥736,104,154.64, primarily due to increased investments[15] - The company's cash and cash equivalents increased to CNY 767,737,745.85 from CNY 677,040,551.30, representing a growth of approximately 13.1%[17] - Total cash flow from investment activities was $186,123,050.65, compared to a negative cash flow of $66,009,617.07 in the previous period, indicating a significant improvement[32] - Cash flow from financing activities showed a net outflow of $160,655.79, an improvement from a net outflow of $2,800,904.29 in the previous period[32] - The net increase in cash and cash equivalents was $2,092,017.42, contrasting with a decrease of $39,123,494.63 in the previous period[32] - The ending balance of cash and cash equivalents was $117,442,511.40, compared to $599,073,205.88 at the end of the previous period[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,410,044,583.62, a decrease of 0.16% compared to the end of the previous year[6] - Accounts receivable increased by 163.30% to ¥459,871,151.13 compared to the end of 2020, primarily due to improved collection policies[13] - The total current liabilities decreased to CNY 678,296,389.48 from CNY 821,426,722.31, a reduction of approximately 17.4%[18] - The company's total equity increased to CNY 4,616,864,347.74 from CNY 4,503,307,303.11, reflecting a growth of about 2.5%[19] - The non-current assets totaled CNY 1,824,608,732.84, slightly up from CNY 1,821,673,501.22, indicating a marginal increase[18] - The company's inventory decreased to CNY 614,528,926.12 from CNY 671,179,148.95, a decline of approximately 8.4%[17] - Total liabilities decreased to ¥404,726,456.68 in Q1 2021 from ¥412,419,206.02 in Q1 2020, a reduction of 1.7%[22] Shareholder Information - The total number of shareholders at the end of the reporting period was 26,466[10] - The largest shareholder, Hangzhou Jinhui Electromechanical Equipment Co., Ltd., held 196,000,000 shares, accounting for 28.00% of the total shares[11] Other Income and Expenses - Non-recurring gains and losses amounted to CNY 81,887,475.44, primarily from government subsidies and other non-operating income[9] - Operating costs increased by 64.70% to ¥516,497,502.74, attributed to rising raw material prices and reclassification of transportation costs[13] - Financial expenses improved by 39.87%, with a reduction in investment income losses[14] - Other income increased by 98.39% to ¥4,784,773.09, mainly from higher government subsidies received[14] - Investment income grew by 37.30% to ¥30,366,658.38, due to increased returns from financial institutions[14] - Research and development expenses for Q1 2021 were ¥19,146,792.67, slightly down from ¥21,914,952.73 in Q1 2020, a decrease of 12.7%[23] - The deferred income tax liabilities rose to ¥37,348,445.60 in Q1 2021 from ¥23,003,945.87 in Q1 2020, an increase of 62.6%[22]