英力特(000635) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥575,863,461.44, representing a year-on-year increase of 137.89%[7] - The net profit attributable to shareholders was ¥64,272,397.32, a significant increase of 438.05% compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses was ¥63,472,512.70, up 403.58% year-on-year[7] - Basic earnings per share were ¥0.21, compared to a loss of ¥0.06 in the same period last year, marking a 450.00% increase[7] - The net profit for the first quarter was CNY 64,272,397.32, a turnaround from a net loss of CNY 18,959,691.48 in the same quarter of the previous year[44] - The net profit for the first quarter of 2021 was CNY 64,430,818.77, compared to a net loss of CNY 18,544,869.07 in the same period last year, indicating a significant turnaround[48] - Operating profit reached CNY 86,247,357.71, a substantial increase from a loss of CNY 24,198,663.38 in the previous year[48] - The company reported a total comprehensive income of CNY 64,430,818.77, compared to a comprehensive loss of CNY 18,544,869.07 in the previous year[48] Cash Flow - The net cash flow from operating activities reached ¥157,862,429.40, an increase of 802.60% compared to the previous year[7] - The net cash flow from operating activities for the period was ¥157,862,429.40, representing a year-on-year increase of 808.64%, primarily due to an increase in cash received from sales of goods[18] - Cash flow from operating activities generated CNY 157,862,429.40, a recovery from a negative cash flow of CNY 22,276,965.50 in the prior year[51] - The cash flow from investing activities was negative at CNY -2,502,557.00, down from a positive cash flow of CNY 83,727,207.00 in the prior year[52] - The company did not report any cash inflow from financing activities during this quarter[52] - The net increase in cash and cash equivalents for the first quarter was ¥155,341,526.61, compared to ¥61,544,325.34 in the same period last year[56] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,382,855,576.29, up 7.93% from the end of the previous year[7] - As of March 31, 2021, the company's total assets amounted to CNY 3,382,855,576.29, an increase from CNY 3,134,204,218.65 on December 31, 2020, reflecting a growth of approximately 7.93%[34] - The company's total current liabilities increased to CNY 612,199,357.95 from CNY 427,847,895.11, marking a rise of about 43%[36] - The total liabilities rose to CNY 618,529,028.34, up from CNY 435,302,600.56 in the previous year[40] - The company's total equity increased to CNY 2,786,939,507.17 from CNY 2,721,425,321.45 year-over-year[40] Investments and Risks - The company has not engaged in any securities investments during the reporting period[21] - The company conducted PVC futures hedging business using its own funds, with a maximum margin not exceeding ¥50 million[24] - The independent directors confirmed that the company's PVC futures hedging business complies with relevant laws and regulations, and the operational procedures are sound[24] - The company has established a complete risk control system for its hedging activities, assessing various risks including legal, credit, operational, and cash flow risks[24] - There were no significant changes in the accounting policies and principles for derivative investments compared to the previous reporting period[24] - The company has not engaged in any entrusted wealth management during the reporting period[28] - There were no instances of non-compliance regarding external guarantees during the reporting period[27] - The company did not report any non-operational fund occupation by controlling shareholders or related parties during the reporting period[28] Operational Costs - The company's operating costs for the period were ¥457,874,073.46, which is a 115.57% increase year-on-year, attributed to higher sales volume[16] - The total operating costs amounted to CNY 490,808,959.95, compared to CNY 241,571,533.79 in the previous year, indicating a rise in costs[43] - Research and development expenses were maintained, indicating a commitment to innovation despite increased operational costs[43] Other Financial Metrics - The cash and cash equivalents at the end of the period were ¥634,467,788.00, reflecting a growth of 32.43% since the beginning of the year[15] - The accounts receivable balance decreased by 97.21% to ¥32,901.11, primarily due to a reduction in receivables from electricity and steam sales[15] - The company's inventory decreased to CNY 98,617,234.86 from CNY 118,860,943.78, a decline of about 17%[34] - The company reported a significant increase in tax payable, which rose to CNY 56,009,443.58 from CNY 24,068,754.82, an increase of approximately 133%[36]