上峰水泥(000672) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,224,566,653.28, representing a 16.43% increase compared to ¥1,051,781,621.53 in the same period last year[8]. - Net profit attributable to shareholders was ¥354,519,479.50, up 5.45% from ¥336,207,434.95 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥347,306,448.45, reflecting a 19.53% increase from ¥290,554,168.23 in the previous year[8]. - Basic earnings per share increased to ¥0.44, a 4.76% rise from ¥0.42 in the previous year[8]. - Total operating revenue for the current period reached ¥1,224,566,653.28, an increase of 16.4% compared to ¥1,051,781,621.53 in the previous period[93]. - Operating profit for the current period was ¥480,795,411.97, up from ¥448,112,822.57 in the previous period, reflecting a growth of 7.3%[98]. - The company reported a total comprehensive income of ¥353,570,673.10 for the current period, compared to ¥334,183,272.34 in the previous period, an increase of 5.8%[102]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 19.32% to ¥420,788,299.26, down from ¥521,575,037.19 in the same period last year[8]. - Cash and cash equivalents decreased by 40.50% to 1.10 billion yuan, primarily due to payments for project construction and investments[24]. - The ending balance of cash and cash equivalents is 872,086,446.05, down from 1,665,553,319.69 in the previous period, showing a significant decrease in liquidity[116]. - The company received 29,166,580.12 in tax refunds, an increase from 17,668,674.89 in the previous period, indicating improved cash flow management[110]. - The company reported a significant increase in cash outflows related to operating activities, primarily due to higher payments for goods and services[117]. Assets and Liabilities - Total assets at the end of the reporting period were ¥11,546,682,220.02, a 2.15% increase from ¥11,303,732,426.10 at the end of the previous year[8]. - Total liabilities decreased to ¥4,030,469,497.62 from ¥4,138,950,459.79, reflecting a decline of approximately 2.6%[81]. - Current liabilities decreased to ¥3,421,431,449.99 from ¥3,627,617,031.30, a reduction of approximately 5.7%[81]. - Non-current liabilities increased to ¥609,038,047.63 from ¥511,333,428.49, representing a growth of about 19.1%[81]. - Total equity increased to ¥7,516,212,722.40 from ¥7,164,781,966.31, indicating a growth of about 4.9%[85]. Investment and Development - The company received government subsidies amounting to ¥14,171,383.73 during the reporting period[8]. - Research and development expenses for the current period were ¥1,335,264.32, reflecting ongoing investment in innovation[96]. - Long-term borrowings increased by 44.40% to 309.69 million yuan, primarily for financing environmental projects[24]. - The company is focusing on market expansion, with a notable increase in fair value measurement from 10,300.29 million to 22,247.14 million[51]. - New product development initiatives are expected to enhance market presence, with investments leading to a revenue increase of 21,873.94 million[51]. Fair Value Measurements - Zhejiang Furen reported a fair value measurement of 31,779,264.00 with a decrease of 6,620,680.00 compared to the previous period[46]. - The company reported a total revenue of 10,904.46 million for the period, with a significant increase to 27,039.18 million in fair value measurement[51]. - The fair value of trading financial assets has increased from 11,246.58 million to 43,687.99 million, showcasing effective asset management[51]. Financial Stability and Warnings - The company reported a net profit warning for the period from January to June 2021, indicating potential losses or significant changes compared to the same period last year[67]. - The company has maintained a stable financial position with total assets amounting to ¥6,916,750,314.93, compared to ¥6,855,593,774.88 in the previous period, an increase of 0.9%[92]. - The company has no derivative investments during the reporting period, ensuring a focus on core operations[66]. - There were no violations regarding external guarantees during the reporting period, indicating a stable financial position[70].