盛达资源(000603) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥173,720,914.08, representing a 23.37% increase compared to ¥140,809,175.41 in the same period last year[9] - Net profit attributable to shareholders was ¥7,487,957.93, a significant turnaround from a loss of ¥43,257,761.46, marking a 117.31% improvement[9] - The net profit after deducting non-recurring gains and losses was ¥11,500,542.58, compared to a loss of ¥41,297,048.92, reflecting a 127.85% increase[9] - Operating revenue for Q1 2021 rose by 23.37% to ¥173,720,914.08, primarily driven by increased mining revenue after reducing low-margin trading income[24] - Operating costs decreased by 40.82% to ¥80,861,525.69, reflecting a shift towards higher-margin mining revenue[24] - The company reported a 400.50% increase in tax expenses to ¥10,677,820.30, driven by increased resource taxes from mining revenue growth[24] - The total profit for the current period is 10,805,926.80, compared to a loss of 46,142,436.28 in the previous period[74] - The operating profit for the current period is 11,158,263.82, while the previous period recorded a loss of 46,077,873.57[74] Cash Flow - The net cash flow from operating activities was -¥137,707,042.50, an improvement of 14.39% from -¥160,850,380.61 in the previous year[9] - Cash flow from operating activities for the current period is 222,169,505.68, down from 410,696,520.07 in the previous period[85] - Operating cash inflow totaled CNY 239,178,905.60, a decrease from CNY 411,597,356.11 in the previous period[89] - Operating cash outflow amounted to CNY 376,885,948.10, down from CNY 572,447,736.72 year-over-year[89] - Net cash flow from investing activities was CNY -671,505,880.90, worsening from CNY -82,896,505.36 year-over-year[89] - Financing cash inflow totaled CNY 154,473,766.71, with a net cash flow from financing activities of CNY 80,765,875.50, compared to CNY -18,064,629.17 previously[91] Assets and Liabilities - The company's total assets increased by 5.91% to ¥4,917,448,957.52 from ¥4,642,922,619.29 at the end of the previous year[9] - The company's total liabilities increased to CNY 2,151,670,724.49 from CNY 2,018,744,099.09[56] - The total equity attributable to shareholders of the parent company was CNY 2,236,100,116.82, up from CNY 2,224,094,005.11[59] - The company's current assets totaled CNY 1,352,939,136.23, slightly up from CNY 1,348,921,798.92 at the end of 2020[50] - Total liabilities increased to CNY 1,223,211,772.85 from CNY 1,135,380,707.51, representing a rise of approximately 7.7%[66] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,116[14] - The largest shareholder, Gansu Shengda Group Co., Ltd., holds a 31.30% stake, amounting to 215,939,596 shares[14] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[20] Investments and Acquisitions - The company plans to acquire an additional 9.12% stake in Hunan Jinye Environmental Technology Co., increasing its ownership to 58.12%[28] - The company initiated a major asset restructuring process to acquire a 72.50% stake in Guizhou Dingshengxin Mining Development Co., Ltd.[28] - The initial investment cost for domestic and foreign stocks was CNY 27,720,000, with a current fair value of CNY 14,481,342.48, reflecting a loss of CNY 3,507,471.44 during the reporting period[32] Financial Management - Financial expenses increased by 66.78% to ¥25,525,409.96, mainly due to increased bank borrowings[24] - The company reported a decrease in financial expenses, with interest expenses dropping to CNY 26,254,219.28 from CNY 15,491,377.80, indicating improved cost management[71] Derivative Investments and Hedging - The company engaged in silver futures hedging at the Shanghai Futures Exchange, using the settlement price as the fair value for the contracts[38] - The company has established internal controls for hedging activities, including risk management measures to mitigate market price fluctuations[38] - The company has set a stop-loss line to control price fluctuation risks in its hedging process[38] - The cumulative fair value change recognized in equity for the securities investment was CNY 16,746,128.96[32] Other Comprehensive Income - Other comprehensive income after tax attributable to the parent company is 4,202,580.00, with no amount in the previous period[74] - The company reported a financial asset reclassification amounting to 4,202,580.00 in other comprehensive income[77]