南京公用(000421) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,077,093,920.62, representing a 26.55% increase compared to ¥851,132,920.36 in the same period last year[7] - Net profit attributable to shareholders was ¥16,387,299.26, a significant increase of 276.38% from ¥4,353,977.55 in the previous year[7] - The net profit after deducting non-recurring gains and losses reached ¥18,000,823.17, up 269.66% from ¥4,869,565.03 year-on-year[7] - Basic earnings per share increased to ¥0.0286, up 276.32% from ¥0.0076 in the previous year[7] - Operating profit surged by 119.29% to CNY 5,515.70 million, driven by higher gas sales volume and prices[15] - Net profit attributable to the parent company rose by 276.38% to CNY 1,638.73 million, reflecting significant growth in gas sales[15] - The company reported a total comprehensive income of CNY 34,502,125.90, compared to CNY 14,962,954.19 in the previous year, indicating a significant improvement[46] - The net profit for the quarter was CNY 6.30 million, compared to a net loss of CNY 2.13 million in the same period last year, indicating a significant turnaround[50] Cash Flow - The net cash flow from operating activities was ¥120,858,954.74, a turnaround from a negative cash flow of -¥84,492,788.11 in the same period last year, marking a 243.04% improvement[7] - The company's cash flow from operating activities improved significantly, reaching CNY 12,085.90 million, a 243.04% increase compared to the previous period[17] - The operating cash flow for the quarter was CNY 120.86 million, recovering from a negative cash flow of CNY -84.49 million in the previous year[53] - The company's investment activities resulted in a net cash outflow of CNY -120.12 million, compared to a net outflow of CNY -73.68 million in the previous year[53] - The financing activities generated a net cash outflow of CNY -117.35 million, a decrease from a net inflow of CNY 375.80 million in the previous year[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,994,700,918.02, showing no significant change from ¥10,994,972,739.47 at the end of the previous year[7] - The company's total assets decreased to CNY 3,805,017,813.30 from CNY 3,984,963,448.25, showing a decline of about 4.5%[41] - Total liabilities decreased to CNY 1,512,746,409.90 from CNY 1,697,763,066.46, a reduction of approximately 10.9%[41] - The company's total liabilities as of March 31, 2021, were RMB 7.103 billion, a slight decrease from RMB 7.141 billion at the end of 2020[36] - The company's total liabilities amounted to CNY 7,173,902,250.13, with a corresponding adjustment of CNY 33,200,167.25[60] Shareholder Information - The company reported a total of 45,244 common shareholders at the end of the reporting period[11] - The largest shareholder, Nanjing Public Utilities Holdings Group Co., Ltd., holds 49.53% of the shares, totaling 283,659,711 shares[11] - The net assets attributable to shareholders increased to ¥2,812,303,446.63, a 0.60% rise from ¥2,795,526,527.67 at the end of the previous year[7] - The company's equity attributable to shareholders increased slightly to CNY 2,292,271,403.40 from CNY 2,287,200,381.79, reflecting a marginal growth[41] Operational Efficiency - The company experienced a significant decrease in other current liabilities by 85.97% to CNY 1,890.92 million, mainly due to repayments by its subsidiary Nanjing Port Gas[15] - The company reported a decrease in inventory to RMB 3.552 billion from RMB 3.445 billion, indicating improved inventory management[34] - The company has no significant contracts or entrusted financial management activities during the reporting period, indicating a focus on core operations[26][29] - The company has no non-compliance issues regarding external guarantees during the reporting period, reflecting prudent financial management[27] - The company has no significant non-operating fund occupation by controlling shareholders or related parties, ensuring financial integrity[28] Future Plans and Projects - The company plans to use CNY 10,026.70 million of remaining raised funds to repay bank loans, following the decision to terminate the "Nanjing Chuanqi East Send Natural Gas Utilization Project Phase II" due to uncertainty in implementation[18] - The project "Youfangqiao High-Pressure Regulating Station and Supporting High-Pressure Pipeline Project" has been largely completed with a total investment of CNY 5,077.97 million, of which CNY 4,864.48 million has been utilized[22] - The company plans to terminate the use of raised funds for the "Nanjing Chuanqi East Send Natural Gas Utilization Project Phase II" and will instead use the remaining raised funds of RMB 100.267 million to repay bank loans[25] Tax and Expenses - The company reported a 110.89% increase in income tax expenses to CNY 1,558.45 million, correlating with the rise in operating profit[15] - The total operating costs amounted to CNY 1,049,894,710.06, compared to CNY 859,585,553.61 in the prior year, reflecting a significant rise[44] - The company incurred a total operating expense of CNY 1,294.31 million, up from CNY 1,062.31 million in the previous year, reflecting increased operational costs[53] - Research and development expenses were CNY 442,857.07, slightly down from CNY 492,912.82, suggesting a focus on cost management[44] Compliance and Standards - The company implemented a new leasing standard affecting the balance sheet, resulting in an adjustment of CNY 33,200,167.25[58] - The company's first quarter report was not audited[64]