金科环境(688466) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue increased by 18.18% to CNY 67,786,745.30 year-on-year[5] - Net profit attributable to shareholders increased by 28.61% to CNY 4,885,621.86 compared to the same period last year[5] - The company reported a net profit of CNY 5,694,267.70 for Q1 2021, compared to CNY 5,115,326.56 in Q1 2020, indicating a growth of 11.4%[32] - The net profit for Q1 2021 was CNY 4,212,168.10, up from CNY 3,558,564.66 in Q1 2020, indicating a growth of 18.4%[33] - The company reported a total comprehensive income of CNY 4,201,785.38 for Q1 2021, compared to CNY 3,536,652.06 in Q1 2020, reflecting an increase of 18.7%[33] Assets and Liabilities - Total assets decreased by 5.91% to CNY 1,399,890,903.57 compared to the end of the previous year[5] - Total assets as of March 31, 2021, amounted to CNY 1,276,286,421.30, down from CNY 1,361,905,430.80 at the end of 2020[30] - Total liabilities as of March 31, 2021, were CNY 391,681,270.85, a decrease from CNY 475,078,936.57 at the end of 2020[30] - Shareholders' equity as of March 31, 2021, was CNY 884,605,150.45, slightly down from CNY 886,826,494.23 at the end of 2020[30] Cash Flow - The net cash flow from operating activities was CNY -89,200,835.89, showing a significant decline compared to CNY -68,813,575.34 in the previous year[5] - Cash inflows from operating activities totaled CNY 98,100,033.26, up from CNY 80,910,204.03 in Q1 2020, marking a growth of 21.2%[38] - The net cash flow from operating activities for Q1 2021 was -77,679,838.84 RMB, compared to -70,251,938.77 RMB in Q1 2020, indicating a decline of approximately 10.5% year-over-year[41] - The total cash outflow from operating activities in Q1 2021 was 153,932,956.12 RMB, up from 133,928,080.66 RMB in Q1 2020, representing an increase of approximately 15%[41] - The cash flow from investment activities in Q1 2021 was -5,484,857.60 RMB, compared to -1,128,603.00 RMB in Q1 2020, indicating a decline of approximately 386%[41] Expenses - Research and development expenses accounted for 7.11% of operating revenue, an increase of 2.35 percentage points[7] - R&D expenses rose by 76.57% to CNY 4,816,471.06, reflecting a return to normal project progress[16] - Sales expenses increased by 61.29% to CNY 3,282,844.68, driven by a recovery in sales activities post-pandemic[16] - The cash paid for purchasing goods and services in Q1 2021 was 112,746,138.48 RMB, which is an increase of approximately 28% compared to 88,144,553.75 RMB in Q1 2020[41] Shareholder Information - The total number of shareholders reached 6,396 by the end of the reporting period[10] - The largest shareholder, Zhang Huichun, holds 25.20% of the shares[10] Future Outlook - The company has signed contracts for future revenue of CNY 38,960.59 million in equipment and technology solutions[19] - The total amount of signed contracts in operation services and wastewater resource products is CNY 17,088.52 million[21] - The management indicated plans for future product development and market expansion strategies to enhance revenue streams[35] - The company’s total assets and liabilities are expected to grow as it continues to expand its market presence and invest in new technologies[35]