沈阳化工(000698) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥2,809,107,063.99, representing a 118.53% increase compared to ¥1,285,441,077.65 in the same period last year[7] - Net profit attributable to shareholders was ¥312,985,936.83, a significant recovery from a loss of ¥149,370,958.91 in the previous year[7] - Basic and diluted earnings per share were both ¥0.382, compared to a loss of ¥0.182 per share in the previous year[7] - Operating profit for Q1 2021 was CNY 394,964,677.27, compared to a loss of CNY 141,220,572.25 in Q1 2020, indicating a turnaround in profitability[39] - Net profit for Q1 2021 was CNY 313,232,292.59, recovering from a net loss of CNY 149,302,333.20 in the previous year, marking a substantial improvement[39] - The total comprehensive income for the first quarter of 2021 was CNY 430,037,526.90, compared to CNY 37,170,777.16 in the previous period[44] Cash Flow - The net cash flow from operating activities reached ¥785,887,245.23, improving from a negative cash flow of ¥630,906,030.68 in the same period last year[7] - Cash inflow from operating activities amounted to CNY 2,721,054,618.97, a significant increase from CNY 1,206,991,372.70 in the prior period[47] - Cash outflow for purchasing goods and services was CNY 1,615,373,765.26, down from CNY 1,693,593,788.28 in the previous year[47] - The net cash flow from financing activities was negative at CNY -490,019,396.66, contrasting with a positive CNY 472,765,626.95 in the prior year[48] - The ending balance of cash and cash equivalents was CNY 1,561,397,851.34, an increase from CNY 1,381,156,520.30 at the end of the previous period[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,555,813,647.93, a slight increase of 0.96% from ¥10,455,275,895.99 at the end of the previous year[7] - Total liabilities decreased to CNY 6,155,348,498.10 from CNY 6,369,654,134.98, a reduction of approximately 3.35%[31] - The company's total assets amounted to CNY 10,555,813,647.93, slightly up from CNY 10,455,275,895.99, indicating a growth of about 0.96%[32] - Long-term borrowings increased to CNY 274,446,000.00 from CNY 200,000,000.00, representing a growth of 37.22%[31] - The total equity attributable to shareholders rose to CNY 4,391,540,305.66 from CNY 4,076,954,013.90, reflecting an increase of approximately 7.71%[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 60,744[10] - The top three shareholders held a combined 47.23% of the company's shares, with Shenyang Chemical Group Co., Ltd. holding 26.68%[10] Operational Metrics - Operating costs rose by 82.55% to ¥2,257,856,005.69 mainly due to increased sales volume and related costs[14] - Research and development expenses increased by 143.37% to ¥63,511,951.27 due to the expansion of R&D projects[14] - Income tax expenses skyrocketed by 884.55% to ¥82,377,713.46 as a result of increased profits[14] - The company reported a profit before tax of CNY 395,610,006.05, a significant recovery from a loss of CNY 140,935,259.09 in the same period last year[39] Future Outlook - The company expects a net profit of ¥43,000,000 for the first half of 2021, indicating a turnaround from losses in the previous year[20] - The company anticipates that the price of its resin products will remain high, contributing to increased revenue and profits[20] Other Information - The company has received a notice regarding the restructuring with China National Chemical Corporation, which will not change its controlling shareholder[16] - The company has not yet audited the first quarter report, indicating that the figures are preliminary[53] - There were no significant new product launches or technological advancements mentioned in the provided documents[53]