厦门信达(000701) - 2021 Q1 - 季度财报

Financial Performance - Revenue for Q1 2021 reached ¥19,270,339,952.47, an increase of 33.21% compared to ¥14,466,507,187.95 in the same period last year[8] - Net profit attributable to shareholders was ¥4,853,093.05, a significant increase of 188.42% from ¥1,682,625.60 year-on-year[8] - Net profit after deducting non-recurring gains and losses was ¥41,643,869.10, compared to a loss of ¥193,496,273.67 in the previous year, marking a 121.52% improvement[8] - Operating revenue for Q1 2021 increased by 33.21% to ¥19,270,339,952.47 compared to Q1 2020[21] - Operating costs increased by 32.75% to ¥18,811,407,474.10, corresponding to the rise in revenue[21] - The company reported a net profit of 905.76 million for the first quarter of 2021, compared to 927.84 million in the same period last year, indicating a decline of 2.00%[33] - The total profit for Q1 2021 reached CNY 37,455,725.14, up from CNY 35,755,231.75, reflecting a growth of 4.7%[56] - The net profit for Q1 2021 was CNY 23,866,553.12, a significant increase of 37.5% from CNY 17,323,814.95 in the same period last year[56] Cash Flow and Liquidity - The net cash flow from operating activities was -¥4,704,824,292.56, worsening by 59.04% from -¥2,958,292,764.91 in the same period last year[8] - The company's cash and cash equivalents increased by 63.76% to ¥2,852,644,066.49 compared to the end of 2020[19] - Cash and cash equivalents at the end of the period increased to 2,204,806,371.22 yuan from 1,508,808,252.81 yuan in the previous period, reflecting a net increase of 713,607,354.45 yuan[64] - The total cash inflow from investment activities was 13,247,119,365.95 yuan, down from 20,579,995,216.60 yuan in the previous period, resulting in a net cash outflow of -127,923,231.60 yuan[67] - The total cash inflow from financing activities was 13,364,162,202.06 yuan, compared to 10,336,304,629.05 yuan in the previous period, leading to a net cash flow of 5,540,299,419.38 yuan[64] Assets and Liabilities - Total assets at the end of the reporting period were ¥24,903,491,817.54, reflecting a 38.95% increase from ¥17,922,930,996.38 at the end of the previous year[8] - The total current liabilities increased to CNY 18.48 billion from CNY 11.79 billion, reflecting a rise of approximately 56.7%[49] - The total liabilities of the company reached CNY 21.80 billion, up from CNY 14.88 billion, which is an increase of about 46.5%[49] - Total assets as of March 31, 2021, amounted to ¥21.54 billion, up from ¥15.72 billion at the end of 2020, indicating a growth of 37.2%[53] - Total liabilities increased to ¥18.94 billion as of March 31, 2021, compared to ¥13.03 billion at the end of 2020, reflecting a rise of 45.5%[54] Investments - The company plans to acquire a 29.9% stake in China ZhengTong Auto Services Holdings Limited, with the transaction currently in progress[22] - The company received approval from the China Securities Regulatory Commission for a non-public offering of A-shares on March 31, 2021[22] - The total amount of other securities held at the end of the period was ¥60.71 million, with a fair value of ¥74.06 million, resulting in a loss of ¥3.99 million[28] - The total amount of futures contracts with a loss was approximately ¥1.43 million, with a final value of ¥26.94 million, representing a 12.64% loss[31] - The company has invested a total of 122,175 million in entrusted financial products, with a current balance of 35,775 million remaining[38] Risk Management - The company has engaged in foreign exchange derivative transactions to mitigate currency fluctuation risks, which are closely related to its operational needs[34] - The company has implemented a risk management framework for its commodity derivative business to address market and liquidity risks effectively[34] - The company established internal control mechanisms to monitor and manage risks associated with its derivative investments, ensuring compliance with relevant laws and regulations[34] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 33,287[14] - The company's equity attributable to shareholders decreased to ¥2.60 billion from ¥2.69 billion at the end of 2020, a decline of 3.5%[54] - The company's total equity remained at CNY 3.04 billion, with no adjustments made[72] Compliance and Governance - There were no violations regarding external guarantees during the reporting period, confirming compliance with regulations[41] - The company did not engage in any research, communication, or interview activities during the reporting period, indicating a focus on internal operations[43] - The company has not audited the first quarter report[77]