中成股份(000151) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥120,330,888.17, a decrease of 8.01% compared to ¥130,810,338.77 in the same period last year[7] - The net profit attributable to shareholders was ¥2,626,035.77, down 63.29% from ¥7,152,626.20 year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥7,914,927.13, a decline of 418.79% compared to ¥2,482,838.92 in the previous year[7] - The basic earnings per share decreased to ¥0.0089, down 63.22% from ¥0.0242 in the same period last year[7] - The diluted earnings per share also fell to ¥0.0089, a decrease of 63.22% compared to ¥0.0242 year-on-year[7] - The weighted average return on equity was 0.41%, down from 0.75% in the previous year, a decline of 0.34%[7] - Comprehensive income totalled CNY 4,730,231.08, compared to CNY 7,543,064.18 in the previous year[41] - The company reported a net loss of ¥259,328,002.47, an improvement from a loss of ¥261,954,038.24 in the previous period[35] Cash Flow - The net cash flow from operating activities improved to -¥36,150,201.55, a 16.15% increase from -¥43,114,457.59 in the same period last year[7] - Cash flow from financing activities showed a net increase of 154.77% to ¥66,008,215.15, primarily due to increased borrowings[17] - The net cash flow from operating activities was -36,150,201.55 yuan, an improvement from -43,114,457.59 yuan in the previous period, indicating a reduced cash outflow[46] - Cash flow from financing activities showed a net increase of 66,008,215.15 yuan, a significant recovery from -120,512,814.20 yuan in the previous period[47] - The company reported a cash outflow of 31,397,476.00 yuan for debt repayment, down from 149,336,092.53 yuan last year, reflecting improved debt management[47] - The cash flow from investment activities was -13,555.98 yuan, a significant improvement from -83,624,167.68 yuan in the previous period[50] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,933,610,859.49, reflecting a growth of 7.13% from ¥1,804,951,349.05 at the end of the previous year[7] - Total liabilities rose to ¥1,291,316,787.96 from ¥1,167,387,508.60, marking an increase of approximately 10.6%[34] - Total equity attributable to shareholders reached ¥642,294,071.53, slightly up from ¥637,563,840.45, indicating a growth of approximately 0.4%[35] - Current assets totaled ¥1,425,760,812.15, up from ¥1,325,154,291.35, indicating an increase of about 7.6%[32] - Total liabilities increased to CNY 1,244,485,593.31 from CNY 1,137,351,919.28[40] - The company's equity totaled CNY 637,563,840.45, with a negative retained earnings of CNY -261,954,038.24[54] Financial Position - The company reported non-recurring gains totaling ¥10,540,962.90, primarily from foreign exchange forward contracts and custodial fee income[8] - The company's trading financial assets reached ¥4,043,182, representing a 100.00% increase due to fair value changes in forward foreign exchange transactions[17] - Accounts receivable decreased by 40.09% to ¥16,038,114.96, primarily due to the recovery of customer project and trade payments[17] - Contract assets increased by 20.80% to ¥438,932,044.44, mainly due to the completion of certain projects that have not yet been settled[17] - Short-term borrowings rose by 21.42% to ¥395,401,916.47, attributed to an increase in loans obtained during the period[17] - Financial expenses increased by 78.84% to ¥5,281,534.63, mainly due to the increase in borrowings[17] Inventory and Receivables - Inventory remained relatively stable at ¥298,933,677.99 compared to ¥299,511,550.21, showing a slight decrease of approximately 0.2%[32] - Long-term receivables increased to ¥360,814,900.09 from ¥341,300,590.51, reflecting a growth of about 5.4%[33] - The company has a contract asset of CNY 363,340,002.01, which may indicate future revenue recognition[53] Operational Efficiency - Total operating costs decreased to CNY 123,263,403.02 from CNY 140,098,291.16, with operating costs specifically dropping from CNY 110,688,930.90 to CNY 94,921,827.60[40] - The company reported a decrease in sales expenses from CNY 10,624,202.77 to CNY 8,899,485.98[40] - The company has established a management system for forward foreign exchange business to mitigate operational risks associated with exchange rate fluctuations[23]