海螺新材(000619) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥838,072,634.60, representing an increase of 84.40% compared to ¥454,479,680.20 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥28,211,668.81, an improvement of 21.68% from a loss of ¥36,021,507.46 in the previous year[8] - The basic earnings per share for the period was -¥0.0784, which is a 21.68% improvement from -¥0.1001 in the same period last year[8] - The company's operating revenue increased by 84.40% year-on-year, driven by a rise in product sales[4] - The net profit for Q1 2021 was a loss of CNY 28.25 million, improving from a loss of CNY 39.99 million in Q1 2020, representing a reduction of 29.4%[42] - The total comprehensive loss for Q1 2021 was CNY 28.25 million, compared to a loss of CNY 39.99 million in Q1 2020, indicating a 29.4% improvement[42] - The company's operating profit for Q1 2021 was a loss of CNY 26.73 million, an improvement from a loss of CNY 38.77 million in the same period last year[41] - The total profit for Q1 2021 was a loss of CNY 25.64 million, an improvement from a loss of CNY 38.58 million in Q1 2020, representing a 33.5% reduction in losses[41] Cash Flow - The net cash flow from operating activities improved to -¥32,397,999.94, a 72.46% increase from -¥117,622,735.86 year-on-year[8] - Cash inflow from operating activities increased by 58.58% year-on-year, attributed to higher product sales[4] - Cash flow from operating activities for Q1 2021 was CNY 821.94 million, significantly higher than CNY 498.02 million in the previous year, marking a 64.8% increase[48] - The net cash flow from operating activities was -32,397,999.94, an improvement from -117,622,735.86 in the previous period, indicating a reduction in cash outflow[49] - Cash flow from financing activities resulted in a net outflow of -8,894,299.00, compared to a net inflow of 35,362,955.32 in the previous period[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,643,560,896.97, a decrease of 2.53% from ¥4,763,880,613.00 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 1.14% to ¥2,456,592,372.89 from ¥2,484,804,041.70 at the end of the previous year[8] - Total liabilities decreased to CNY 1,791,730,687.93 from CNY 1,883,799,619.73 at the end of 2020[33] - The company's cash and cash equivalents were CNY 214,230,169.36, down from CNY 292,702,514.26 at the end of 2020[34] - The ending balance of cash and cash equivalents was 599,100,676.40, down from 580,771,150.90 in the previous period[50] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,035[11] - The largest shareholder, Anhui Conch Group Co., Ltd., holds 30.63% of the shares, totaling 110,282,693 shares[11] - The company did not engage in any repurchase transactions during the reporting period[12] Operating Costs and Expenses - Operating costs rose by 81.16% year-on-year, primarily due to increased product sales[4] - The company's payable employee compensation decreased by 95.20% year-on-year, mainly due to the settlement of 2020's year-end bonuses[4] - The company's tax payable decreased by 40.57% year-on-year, primarily due to a reduction in value-added tax and income tax payable[4] - The company reported a research and development expense of CNY 3,066,919.44, an increase from CNY 1,890,234.29 in the previous year[40] - Research and development expenses for Q1 2021 were CNY 1.64 million, up from CNY 0.94 million in Q1 2020, reflecting a 74.1% increase[44] Government Subsidies and Other Income - The company received government subsidies amounting to ¥3,041,079.55 during the reporting period[9] - Other income decreased by 66.99% year-on-year, mainly due to a reduction in government subsidies received[4] - The company reported other income of CNY 38,950.02 in Q1 2021, compared to CNY 3.52 million in the same period last year[44] Investment Activities - Cash outflow from investment activities decreased by 88.36% year-on-year, due to reduced expenditures on construction projects[5] - Cash inflow from investment activities decreased by 99.31% year-on-year, mainly due to a reduction in the redemption of financial products[5] - The company reported cash inflow from investment activities of 150,200,000.00, with no comparable figure from the previous period[53] - The cash outflow for investment activities was 9,589,250.00, compared to 14,377,290.75 in the previous period, indicating a decrease[53] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[36]