洪通燃气(605169) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 199,091,400.19, representing a growth of 42.72% year-on-year[5] - Net profit attributable to shareholders of the listed company was CNY 27,562,945.32, an increase of 248.15% compared to the same period last year[5] - Basic earnings per share increased by 156.36% to CNY 0.1733[5] - Operating revenue increased by 42.72% to 199,091,400.19 from 139,493,406.80, attributed to lower revenue in the same period last year due to the pandemic[16] - Operating profit for Q1 2021 reached CNY 33,112,757.74, compared to CNY 10,031,841.31 in Q1 2020, indicating a significant increase of 230.5%[28] - The net profit for Q1 2021 reached CNY 14,857,609.41, a significant increase of 44.2% from CNY 3,367,080.31 in the same period last year[32] - The total profit for Q1 2021 was CNY 17,509,768.16, up from CNY 3,975,074.40 in Q1 2020, marking a growth of 340.5%[31] - Earnings per share (EPS) for Q1 2021 was CNY 0.1733, compared to CNY 0.0676 in Q1 2020, reflecting a growth of 156.5%[31] Cash Flow - The net cash flow from operating activities was negative at CNY -6,580,811.15, a decline of 638.41% compared to the previous year[5] - Cash inflow from operating activities was CNY 204,066,579.63 in Q1 2021, an increase from CNY 152,698,385.43 in Q1 2020, indicating a growth of 33.6%[34] - Net cash flow from operating activities was -121,636,208.87 RMB, compared to -49,368,062.10 RMB in the same period last year, indicating a significant decline[37] - Total cash and cash equivalents at the end of the period were 956,110,380.97 RMB, down from 1,022,313,779.44 RMB at the beginning of the period, reflecting a net decrease of 66,203,398.47 RMB[38] - Cash inflow from investment activities totaled 56,944,600.00 RMB, an increase from 35,000,000.00 RMB year-over-year[37] - Cash outflow from investment activities was 1,511,789.60 RMB, compared to 467,980.89 RMB in the previous year, showing an increase in investment spending[37] - Cash inflow from financing activities was 35,200,000.00 RMB, up from 23,000,000.00 RMB in the same quarter last year[36] - The company reported a net cash flow from financing activities of 11,084,437.51 RMB, down from 21,645,983.05 RMB in the previous year[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,998,002,212.18, a decrease of 0.67% compared to the end of the previous year[5] - The total assets as of March 31, 2021, amounted to CNY 1,508,337,881.43, a decrease from CNY 1,558,689,273.55 at the end of 2020[25] - Total liabilities as of March 31, 2021, were CNY 229,161,620.18, down from CNY 295,425,521.67 at the end of 2020, showing a reduction of 22.4%[25] - Total liabilities amounted to CNY 391,733,233.86, with current liabilities totaling CNY 288,199,382.88[42] - The total assets of the company were reported at CNY 1,558,689,273.55, with current assets totaling CNY 1,273,307,642.92[46] - The total liabilities and equity combined were CNY 2,011,485,943.36, indicating a balanced financial position[43] Shareholder Information - The total number of shareholders at the end of the reporting period was 29,179[12] - The top shareholder, Liu Hongbing, held 43.18% of the shares, totaling 69,090,737 shares[12] Operational Insights - The company has not disclosed any new product developments or market expansion strategies in this report[14] - The company has not reported any new product launches or significant technological advancements during this quarter[31] - There are no indications of market expansion or mergers and acquisitions mentioned in the current report[31] Expense Analysis - Operating costs increased by 36.28% to 144,648,472.61 from 106,138,629.20, also influenced by the pandemic's impact on the previous year's costs[16] - Management expenses rose by 59.93% to 12,757,497.73 from 7,976,869.54, driven by increased performance and business expansion[16] - Tax and additional charges surged by 134.95% to 4,831,644.24 from 2,056,414.61, reflecting the low levels in the same period last year[16] - The company reported a decrease in sales expenses to CNY 1,462,587.36 in Q1 2021 from CNY 3,063,749.46 in Q1 2020, a reduction of 52.2%[31] Other Financial Metrics - The weighted average return on equity rose by 0.41 percentage points to 1.75%[5] - The company reported non-recurring gains of CNY 162,360.90 for the period[10] - The company reported a significant increase in interest income by 748.71% to 4,211,348.53 from 496,203.40, primarily due to increased bank deposit interest[16] - Long-term prepaid expenses increased by 96.96% to 1,058,350.59 from 537,329.64, mainly due to bridge and culvert maintenance costs[16] - The company executed a new leasing standard effective January 1, 2021, adjusting retained earnings and related financial statement items accordingly[43]