美丽生态(000010) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was CNY 228,063,060.96, representing a 224.56% increase compared to CNY 70,267,945.69 in the same period last year[9]. - The net profit attributable to shareholders was CNY 1,581,357.59, a significant turnaround from a loss of CNY 11,690,209.16 in Q1 2020, marking an increase of 113.53%[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 727,805.98, compared to a loss of CNY 25,240,119.80 in the previous year, reflecting a 102.88% improvement[9]. - The company reported a net profit of CNY 14,804,026.06 for Q1 2021, contrasting with a net loss of CNY 11,361,761.57 in Q1 2020[45]. - The net profit for the first quarter of 2021 was 7,778,001.62 CNY, a significant improvement from a net loss of 11,749,585.22 CNY in the same period last year[46]. Cash Flow - The net cash flow from operating activities improved to -CNY 40,744,112.67, a 76.78% reduction in loss from -CNY 175,470,592.86 in the same period last year[9]. - The net cash flow from operating activities for the current period is -40,744,112.67, an improvement of 76.78% compared to -175,470,592.86 in the same period last year, primarily due to increased collections this period[19]. - Cash inflows from operating activities totaled 413,671,015.63 CNY, compared to 224,929,180.13 CNY in the previous year, showing a substantial increase[52]. - Cash outflows from operating activities were 454,415,128.30 CNY, leading to a net cash flow from operating activities of -40,744,112.67 CNY, an improvement from -175,470,592.86 CNY last year[53]. - The company’s cash and cash equivalents decreased to CNY 28,768,247.12 from CNY 66,594,808.43 at the end of 2020, representing a decline of approximately 56.8%[36]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,558,605,664.05, a slight increase of 0.48% from CNY 3,541,730,495.91 at the end of the previous year[9]. - The total liabilities as of March 31, 2021, were CNY 2,734,009,624.96, slightly up from CNY 2,725,456,208.45 at the end of 2020[39]. - The company's total assets amounted to CNY 3,558,605,664.05, a slight increase from CNY 3,541,730,495.91 at the end of 2020[36]. - Total current liabilities were reported at CNY 1,058,516,500.55, compared to CNY 1,223,527,610.54, showing a decrease of about 13.5%[37]. - The company's non-current assets increased to CNY 811,078,722.52 from CNY 694,112,498.62, marking an increase of approximately 16.8%[37]. Shareholder Information - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13]. - The company plans to raise a total of 772 million yuan through a non-public offering of A-shares at a price of 3.14 yuan per share, approved by the board on December 31, 2020[20]. - The total equity attributable to shareholders of the parent company was CNY 493,479,084.92, an increase from CNY 491,517,102.32 year-over-year[39]. Compliance and Governance - The company has committed to maintaining independence in personnel, assets, and business operations as per the commitments made in August 2018[21]. - The company has pledged to ensure that any related party transactions are conducted at market prices and in compliance with relevant regulations[22]. - The company has undertaken to disclose accurate and complete information regarding its share issuance and asset purchase transactions, assuming legal responsibility for any misrepresentation[22]. - The company is focused on reducing competition with its controlling entities by ensuring that any overlapping business operations are aligned with shareholder interests[22]. - The company has established a commitment to minimize related party transactions and ensure compliance with legal and regulatory requirements[22]. Operational Insights - The company reported a significant increase in contract liabilities, which rose by 190.66% to CNY 71,696,106.49 due to new engineering investments[17]. - The company reported a significant increase in credit impairment losses, amounting to CNY 8,126,492.40 compared to CNY 2,428,089.88 in the previous year[45]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or their affiliates during the reporting period[30]. - The company anticipates potential losses or significant changes in net profit for the first half of 2021, but specific forecasts were not provided[27].