Financial Performance - The company's operating revenue for Q1 2021 was ¥7,745,509,915.18, representing a 32.14% increase compared to ¥5,861,722,442.51 in the same period last year[8]. - Net profit attributable to shareholders was ¥533,075,239.71, a significant turnaround from a loss of ¥887,566,678.31, marking a 160.06% increase[8]. - The net cash flow from operating activities improved to ¥1,066,463,731.03, a 68.24% increase from a negative cash flow of ¥3,357,669,079.86 in the previous year[8]. - Basic earnings per share rose to ¥0.3333, compared to a loss of ¥0.5549 in the same period last year, reflecting a 160.06% increase[8]. - The company reported a significant reduction in asset impairment losses, which decreased to ¥294,719,800.66 from a higher amount in the previous year[16]. - The company reported a profit before tax of ¥690,710,200.38, a turnaround from a loss of ¥960,500,520.09 in the previous period[60]. - The total comprehensive income for the current period was ¥552,410,821.44, compared to a comprehensive loss of ¥899,299,683.59 in the previous period[56]. Assets and Liabilities - Total assets at the end of the reporting period were ¥30,034,373,749.20, up 7.65% from ¥27,899,652,411.93 at the end of the previous year[8]. - Current liabilities totaled ¥7,059,702,530.79, up from ¥6,229,863,050.40, indicating a growth of approximately 13.3%[49]. - Non-current liabilities increased to ¥6,196,419,694.37 from ¥5,687,364,565.65, reflecting a rise of about 8.9%[49]. - The company's total liabilities reached ¥13,256,122,225.16, up from ¥11,917,227,616.05, representing an increase of around 11.3%[49]. - The total equity attributable to shareholders of the parent company rose to ¥12,532,018,437.06 from ¥12,082,122,487.64, showing an increase of about 3.7%[49]. - The total assets increased to CNY 30,034,373,749.20 from CNY 27,899,652,411.93, reflecting overall growth[36]. - The company's total liabilities decreased, reflecting improved financial health and management of debt obligations[75]. Cash Flow - Cash received from sales increased by 48.49% to CNY 9,576,276,999.94 from CNY 6,449,320,529.01, recovering from previous pandemic impacts[20]. - The cash inflow from operating activities was CNY 9,597,413,147.68, an increase of approximately 48.5% compared to CNY 6,459,892,338.62 in the previous period[64]. - The cash outflow from operating activities totaled CNY 10,663,876,878.71, up from CNY 9,817,561,418.48, resulting in a net cash flow from operating activities of CNY -1,066,463,731.03, an improvement from CNY -3,357,669,079.86[67]. - The ending balance of cash and cash equivalents was CNY 6,704,426,682.27, up from CNY 5,215,014,744.85 in the previous period[69]. - The net increase in cash and cash equivalents was CNY -1,062,509,296.09, compared to CNY -1,900,727,405.21 in the previous period, indicating a reduced cash outflow[69]. Research and Development - The company's R&D expenses increased by 113.15% to ¥25,849,768.85, compared to ¥12,127,389.63 in the previous year, indicating a focus on innovation[16]. - Research and development expenses increased to ¥25,849,768.85 from ¥12,127,389.63, indicating a rise of 113.5% year-over-year[60]. Shareholder Information - The top ten shareholders held a combined 62.16% of the company's shares, with the largest shareholder owning 27.16%[13]. - The company has plans for market expansion and new product development, although specific figures were not disclosed in the report[84].
华锦股份(000059) - 2021 Q1 - 季度财报