中国天楹(000035) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥5,784,828,021.38, representing a 14.65% increase compared to ¥5,045,853,291.28 in the same period last year[9]. - The net profit attributable to shareholders for Q1 2021 was ¥122,497,378.02, which is a 13.27% increase from ¥108,148,955.15 in the previous year[9]. - Basic earnings per share for Q1 2021 were ¥0.0485, up 13.05% from ¥0.0429 in the same period last year[9]. - Net profit for the current period was ¥159,948,466.85, representing a 25.3% increase from ¥127,687,518.06 in the previous period[67]. - Operating profit for the current period is ¥50,783,855.73, compared to a loss of ¥9,698,790.32 in the previous period, indicating a turnaround in profitability[73]. - The net profit for the current period is ¥50,850,815.73, recovering from a net loss of ¥10,738,790.32 in the previous period[76]. Cash Flow - The net cash flow from operating activities increased by 22.02% to ¥517,685,230.52, compared to ¥424,278,330.78 in the same period last year[9]. - Cash flow from operating activities for the current period is ¥517,685,230.52, an increase from ¥424,278,330.78 in the previous period, showing improved cash generation[80]. - Total cash inflow from operating activities is ¥6,306,813,400.32, up from ¥5,452,278,553.94 in the previous period, reflecting a growth of approximately 15.7%[80]. - Cash outflow from operating activities increased significantly to 1,362,478,637.69 CNY from 644,484,798.70 CNY, representing an increase of about 111.1%[84]. - The company reported a total cash outflow from investing activities of ¥801,914,821.81, compared to ¥1,004,596,647.78 in the previous period, reflecting a reduction in investment expenditures[80]. Assets and Liabilities - Total assets at the end of the reporting period were ¥51,696,677,069.19, reflecting a 2.62% increase from ¥50,377,882,369.02 at the end of the previous year[9]. - The total liabilities of the company as of March 31, 2021, were CNY 39.30 billion, up from CNY 37.88 billion, indicating an increase of approximately 3.74%[53]. - The company's total equity decreased to CNY 12.40 billion from CNY 12.49 billion, a decline of about 0.73%[53]. - Total assets increased to 52,632,210,082.54 CNY from 50,377,882,369.02 CNY, reflecting a growth of approximately 4.5%[89]. - Total liabilities amounted to CNY 37,883,349,211.84, a decrease from CNY 40,137,676,925.36[95]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 41,944[14]. - The largest shareholder, Nantong Qianchuang Investment Co., Ltd., held 16.20% of the shares, amounting to 408,938,743 shares[14]. - The company did not engage in any repurchase transactions during the reporting period[18]. - The company has initiated a share repurchase plan with a budget between RMB 80 million and RMB 160 million, with a maximum repurchase price of RMB 4.50 per share[27]. - As of March 31, 2021, the company has repurchased a total of 22,994,115 shares, accounting for approximately 0.9111% of the total share capital, with a total transaction amount of RMB 97,699,616.84[27]. Strategic Initiatives - The company is planning to introduce strategic investors for its wholly-owned subsidiary Urbaser, with multiple non-binding offers received and due diligence underway[22]. - The company has approved the plan for its subsidiary Jiangsu Yinghuan to prepare for a spin-off listing on the Shenzhen Stock Exchange, enhancing its core competitiveness in smart sanitation and waste classification[22]. - The company has completed the deregistration of several wholly-owned subsidiaries, including Xiaoyi Tianying Environmental Energy Co., Ltd., to improve operational efficiency and resource integration[25]. Research and Development - Research and development expenses were ¥8,619,293.95, down from ¥14,144,385.34 in the previous period[67]. - The company incurred research and development expenses of ¥141,594.86, down from ¥1,577,247.51 in the previous period, indicating a reduction in R&D investment[73].