中绿电(000537) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was CNY 4,539,934,180.20, representing a 20.74% increase compared to CNY 3,760,080,731.16 in the same period last year[3]. - Net profit attributable to shareholders was CNY 422,176,239.96, a decrease of 21.02% from CNY 534,561,924.43 year-on-year[3]. - Total operating revenue for Q1 2021 was CNY 4,539,934,180.20, an increase from CNY 3,760,080,731.16 in the previous period[31]. - Net profit for Q1 2021 was CNY 421,398,159.94, compared to CNY 534,561,924.43 in the same period last year, representing a decrease of approximately 21.1%[33]. - The company reported a total profit of CNY 581,168,370.23 for Q1 2021, down from CNY 669,984,984.47 in the previous period[33]. - The company reported a net profit of CNY 11,527,426,335.46 as of March 31, 2021, compared to CNY 11,105,250,095.50 at the end of 2020, reflecting an increase of approximately 3.80%[27]. Cash Flow - The net cash flow from operating activities improved significantly to -CNY 164,254,691.35, a 93.76% increase compared to -CNY 2,630,356,851.17 in the previous year[3]. - The net cash flow from operating activities for the report period was -164.25 million yuan, an increase of 93.76% compared to the same period last year, mainly due to higher sales receipts from projects[12]. - The total cash inflow from financing activities was 2,000,000,000.00 CNY, which is an increase of 1,000,000,000.00 CNY compared to the previous period[42]. - The company experienced a net cash decrease of -1,923,108,697.52 CNY during the quarter, compared to -1,027,185,488.20 CNY in the previous year[40]. - The cash flow from operating activities showed a net outflow of -164,254,691.35 CNY, improving from -2,630,356,851.17 CNY in the previous year[39]. - The company reported cash inflow from financing activities of 3,190,205,243.32 CNY, compared to 2,059,087,012.66 CNY in the prior year[40]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 74,625,439,425.30, a slight decrease of 0.28% from CNY 74,834,989,645.27 at the end of the previous year[3]. - Total liabilities decreased from CNY 59,478,267,600.88 to CNY 58,335,066,211.58, a reduction of approximately 1.92%[26]. - The company's total assets as of March 31, 2021, were CNY 74,625,439,425.30, down from CNY 74,834,989,645.27 at the end of 2020, indicating a decrease of about 0.28%[27]. - Total liabilities as of Q1 2021 amounted to CNY 19,593,324,545.18, an increase from CNY 18,154,684,394.42 in the previous period[32]. - Current liabilities totaled CNY 7,840,111,044.92, while total liabilities reached CNY 18,154,684,394.42[47]. Expenses - Sales expenses for the report period were 74.76 million yuan, an increase of 93.28% year-on-year, primarily due to increased marketing promotion costs and sales commissions[11]. - Management expenses reached 87.57 million yuan, up 40.12% from the previous year, mainly due to rising labor costs, intermediary fees, and rental expenses[11]. - Financial expenses surged to 290.72 million yuan, a 209.23% increase year-on-year, primarily due to increased interest on capitalized loans[11]. - Financial expenses for Q1 2021 were CNY 290,720,689.81, significantly higher than CNY 94,014,569.40 in the previous period[32]. Investments - The company reported a 100% decrease in long-term equity investments, now at CNY 0, due to the consolidation of Qian Dao Lake Company[10]. - The net cash flow from investing activities was -834.00 million yuan, a decrease of 28093.58% year-on-year, primarily due to payments for equity acquisitions[12]. - The company had cash outflows for investment activities amounting to 5,700,010,170.00 CNY, an increase of 620,000,000.00 CNY compared to the previous period[42]. - The company reported cash inflow from investment activities totaling 2,414,782,769.70 CNY, compared to 319,106,763.87 CNY in the previous period[42]. Shareholder Equity - The company's net assets attributable to shareholders increased by 2.75% to CNY 15,778,898,284.35 from CNY 15,356,722,044.39 at the end of the previous year[3]. - The total equity attributable to shareholders increased from CNY 15,356,722,044.39 to CNY 15,778,898,284.35, an increase of approximately 2.75%[27]. - The company's total equity as of Q1 2021 was CNY 10,800,618,144.38, slightly down from CNY 10,804,503,613.18 in the previous period[32]. Other Financial Metrics - Basic earnings per share for Q1 2021 was CNY 0.23, down from CNY 0.29 in the previous period[34]. - The report period's tax and additional fees amounted to 181.98 million yuan, a decrease of 35.97% compared to the same period last year, mainly due to a reduction in land value-added tax provisions[11]. - The report period saw other income increase to 1.89 million yuan, a rise of 101.47% year-on-year, mainly due to increased penalties for warranty deposits[11]. - The company recognized a right-of-use asset and lease liability of CNY 8,290,234.45 due to the new leasing standards implemented on January 1, 2021[47].