四方新材(605122) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 75.99% to CNY 40,265,768.26 year-on-year[6] - Operating revenue grew by 50.79% to CNY 222,446,501.86 compared to the same period last year[6] - The company achieved a concrete sales volume of 536,400 cubic meters, an increase of 84.06% year-on-year[6] - Basic earnings per share rose by 76.00% to CNY 0.44 per share[6] - Revenue for the first quarter reached ¥222,446,501.86, representing a 50.79% increase from ¥147,518,963.00 year-over-year, attributed to reduced impact from the pandemic[13] - The net profit for Q1 2021 was CNY 40,265,768.26, up 76.0% from CNY 22,879,211.73 in the same period last year[20] - The total comprehensive income for Q1 2021 was CNY 40,265,768.26, consistent with the net profit, indicating no significant other comprehensive income items[20] Assets and Liabilities - Total assets increased by 55.14% to CNY 3,284,510,239.77 compared to the end of the previous year[6] - Total assets increased to ¥3,284,510,239.77, up from ¥2,117,186,753.13, reflecting strong growth in financial position[17] - The total liabilities decreased to CNY 989,390,518.02 from CNY 1,096,673,144.17, a reduction of approximately 9.8%[18] - The total equity increased significantly to CNY 2,295,119,721.75 from CNY 1,020,513,608.96, marking an increase of about 125.0%[18] Cash Flow - Cash flow from operating activities improved significantly to CNY 4,692,189.37 from a negative CNY 17,751,856.40 in the same period last year[6] - The cash flow from operating activities showed a net inflow of CNY 4,692,189.37, compared to a net outflow of CNY 17,751,856.40 in Q1 2020[23] - The company reported a net cash flow from financing activities of ¥1,223,008,362.51, significantly improved from a negative cash flow of ¥4,144,669.44 in the previous period, due to IPO proceeds[13] - The company raised CNY 1,249,665,100.00 from investment activities in Q1 2021, significantly higher than the previous year[23] Shareholder Information - The total number of shareholders reached 30,680 by the end of the reporting period[10] - The top shareholder, Li Dezhi, holds 59.46% of the shares, totaling 73,200,000 shares[11] Operational Efficiency - Accounts receivable decreased by 5.78% to ¥957,547,347.37 from ¥1,016,300,703.93, indicating improved collection efforts[12] - The company reported a significant reduction in overdue commitments, indicating improved operational efficiency[14] - Short-term borrowings decreased by 13.58% to ¥268,272,373.46 from ¥310,435,405.07, indicating reduced reliance on debt[17] Research and Development - Research and development expenses increased by 48.84% to ¥710,200.85, reflecting enhanced investment in R&D[13] - Research and development expenses for Q1 2021 were CNY 710,200.85, up from CNY 477,161.70 in Q1 2020, indicating a focus on innovation[19] Capital Structure - The company’s capital reserve surged by 660.30% to ¥1,386,598,563.52, primarily due to the IPO[13]