五洲特纸(605007) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 761,215,174.54, representing a year-on-year increase of 40.95%[5] - Net profit attributable to shareholders of the listed company was CNY 112,946,536.69, up 16.39% from the same period last year[5] - The net profit after deducting non-recurring gains was CNY 111,199,420.30, an increase of 27.15% year-on-year[5] - The company reported non-recurring gains of CNY 1,747,116.39 for the period[9] - Total operating revenue for Q1 2021 reached ¥761,215,174.54, a 40.9% increase from ¥540,070,227.08 in Q1 2020[27] - Net profit for Q1 2021 was ¥112,946,536.69, representing a 16.3% increase compared to ¥97,037,369.19 in Q1 2020[28] - The company reported a total profit of ¥151,551,952.70 for Q1 2021, compared to ¥123,392,197.84 in Q1 2020[28] - The total comprehensive income for Q1 2021 was CNY 39,173,433.47, compared to CNY 26,075,154.22 in Q1 2020, reflecting a significant increase[30] Cash Flow - The net cash flow from operating activities was CNY 56,982,997.80, a significant improvement from a loss of CNY 4,249,892.57 in the previous year[5] - Cash inflow from operating activities reached CNY 792,072,751.28 in Q1 2021, up from CNY 466,143,488.81 in Q1 2020, indicating a growth of approximately 69.8%[33] - The cash inflow from sales of goods and services was CNY 674,428,544.32, significantly higher than CNY 444,205,749.48 in Q1 2020, marking a growth of approximately 51.8%[32] - The company received CNY 339,282,121.85 from borrowings in Q1 2021, compared to CNY 285,166,947.62 in Q1 2020, reflecting a 19% increase in financing through loans[34] - The net cash flow from financing activities was negative CNY 16,983,421.98, compared to a negative CNY 1,949,229.75 in Q1 2020, indicating increased financing pressures[34] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,365,740,702.41, a decrease of 0.88% compared to the end of the previous year[5] - The company's total assets decreased by 64.29% in trading financial assets, down to RMB 50,015,202.78 from RMB 140,058,628.24, due to the redemption of financial products[13] - Total current assets decreased to CNY 1,545,420,670.99 from CNY 1,690,088,480.00, a decline of approximately 8.6%[19] - Total non-current assets increased to CNY 1,820,320,031.42 from CNY 1,705,496,318.92, an increase of about 6.7%[20] - Total liabilities decreased to CNY 1,565,246,085.36 from CNY 1,708,036,718.56, a decline of approximately 8.4%[21] - Short-term borrowings decreased to CNY 740,715,741.74 from CNY 761,050,379.63, a decrease of about 2.9%[20] - The company’s long-term borrowings increased to CNY 140,000,000.00 from CNY 120,000,000.00, an increase of about 16.7%[21] Shareholder Information - The total number of shareholders at the end of the reporting period was 18,856[10] - The largest shareholder, Zhao Lei, holds 29.90% of the shares, totaling 119,586,584 shares[10] Research and Development - Research and development expenses rose by 110.36% to RMB 4,942,105.00, reflecting an increase in R&D projects[15] - Research and development expenses increased to ¥4,942,105.00 in Q1 2021, compared to ¥2,349,409.88 in Q1 2020, marking a 110.5% rise[27] Taxation - The company reported a 30.19% decrease in taxes payable, totaling RMB 58,783,116.77, due to the payment of last year's income tax and VAT[14] - The company received RMB 29,393,402.55 in tax refunds during the period, marking a significant return of value-added tax[17]