沙河股份(000014) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥8,091,265.77, a decrease of 90.69% compared to ¥86,873,001.23 in the same period last year[7]. - The net profit attributable to shareholders was -¥9,433,104.53, representing a decline of 221.45% from ¥7,766,769.97 year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥11,773,294.99, a decrease of 315.84% compared to ¥5,454,658.83 in the previous year[7]. - The total profit for the period was -¥12,099,995.59, a decline of 192.23% from ¥13,118,748.67 in the previous year[14]. - The net profit for the first quarter was a loss of CNY 9,387,191.63, contrasting with a profit of CNY 9,838,225.11 in the same period last year[37]. - The company recorded a total comprehensive loss of CNY 9,387,191.63 for the quarter, compared to a comprehensive income of CNY 9,838,225.11 in the same period last year[38]. - The net profit for the first quarter of 2021 was -4,302,969.64 CNY, a slight improvement from -4,717,206.26 CNY in the same period last year, indicating a year-over-year reduction in losses of approximately 8.75%[41]. - Operating profit for the first quarter was -8,601,200.94 CNY, compared to -9,259,101.11 CNY in the previous year, reflecting a year-over-year improvement of about 7.1%[41]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,375,980,622.06, down 2.37% from ¥2,433,688,819.31 at the end of the previous year[7]. - As of March 31, 2021, the company's total assets amounted to CNY 2,375,980,622.06, a decrease from CNY 2,433,688,819.31 as of December 31, 2020, reflecting a decline of approximately 2.4%[26][30]. - The company's total liabilities decreased to CNY 1,431,594,914.98 from CNY 1,479,915,920.60, reflecting a decline of about 3.3%[29]. - Total liabilities rose to CNY 218,495,031.54, up from CNY 203,369,854.75, indicating an increase in financial obligations[33]. - The total current liabilities decreased to CNY 1,284,406,277.29 from CNY 1,359,994,121.98, a reduction of approximately 5.5%[29]. - The company's total current liabilities were 1,359,994,121.98 as of the reporting date[52]. Cash Flow - The cash flow from operating activities was -¥24,972,593.95, showing a slight improvement of 1.00% from -¥25,224,626.52 in the previous year[7]. - The net cash flow from operating activities was -24,972,593.95 CNY, showing a slight improvement from -25,224,626.52 CNY year-over-year[45]. - The company raised 20,000,000.00 CNY through borrowings during the quarter, down from 120,000,000.00 CNY in the same period last year, reflecting a decrease of about 83.3%[46]. - The company incurred total operating cash outflows of 154,056,383.37 CNY, compared to 86,139,161.60 CNY in the previous year, indicating an increase of approximately 78.5%[45]. - The net cash flow from financing activities was -2,983,710.33 and -6,683,513.88 for the first quarter of 2021 compared to the previous year[49]. Equity - The equity attributable to shareholders of the parent company decreased to CNY 884,822,393.09 from CNY 894,255,497.62, a decrease of approximately 1.5%[30]. - The total equity decreased to CNY 739,998,300.80 from CNY 744,301,270.44, showing a decline in shareholder equity[33]. - The company reported a total equity of 953,772,898.71 as of December 31, 2020[53]. Operational Metrics - Accounts receivable increased by 129.33% to ¥2,894,737.59 due to an increase in rental income[14]. - Accounts payable decreased by 55.29% to ¥86,432,091.44 as a result of payments made for engineering costs[14]. - Total operating costs amounted to CNY 23,318,484.70, compared to CNY 76,840,741.87 in the prior period, indicating a reduction in costs[36]. - The company reported a significant increase in interest income to CNY 815,620.50 from CNY 311,146.87 in the prior period[36]. - Management expenses rose to CNY 15,686,557.25, compared to CNY 12,427,797.84 in the previous year, indicating higher operational costs[36]. Compliance and Standards - The company reported no significant financial investments or derivative investments during the reporting period[18][19]. - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[19][20]. - The company did not engage in any fundraising investment projects during the reporting period[18]. - The company implemented a new leasing standard starting January 1, 2021, which resulted in adjustments to the financial statements[56]. - The total liabilities increased from 203,369,854.75 to 217,335,532.49 due to the new leasing standard[55]. - The company’s non-current liabilities increased by 9,748,018.31 due to the recognition of lease liabilities[55].