湖南发展(000722) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥100,260,951.64, representing a 55.47% increase compared to ¥64,487,971.46 in the same period last year[7] - The net profit attributable to shareholders decreased by 35.38% to ¥20,396,061.35 from ¥31,562,656.07 year-on-year[7] - Basic and diluted earnings per share both fell by 42.86% to ¥0.04 from ¥0.07 in the same period last year[7] - Revenue for Q1 2021 reached ¥100,260,951.64, a significant increase of 55.47% compared to ¥64,487,971.46 in Q1 2020, primarily driven by the sand and gravel business of Hunan Development Yiyuan Natural Resources Development Co., Ltd. established in August 2020[19] - Operating costs surged to ¥75,211,372.05, reflecting a 152.58% increase from ¥29,776,917.04 in the same period last year, mainly due to the same sand and gravel business impact[19] - Net profit attributable to shareholders decreased by 35.38% to ¥20,396,061.35 from ¥31,562,656.07, largely due to reduced power generation from subsidiaries affected by water flow in the river basin[20] - Total operating revenue for Q1 2021 was CNY 100,260,951.64, an increase from CNY 64,487,971.46 in Q1 2020, representing a growth of approximately 55.5%[42] - Net profit for Q1 2021 was CNY 19,394,524.28, compared to CNY 31,252,967.39 in Q1 2020, reflecting a decrease of approximately 38.0%[43] - Earnings per share for Q1 2021 were CNY 0.04, down from CNY 0.07 in Q1 2020, showing a decline of about 42.9%[44] Cash Flow and Investments - The net cash flow from operating activities turned negative at -¥72,370,930.27, a decline of 349.27% compared to ¥29,033,581.19 in the previous year[7] - Cash flow from operating activities showed a net outflow of ¥72,370,930.27, a drastic change of -349.27% compared to a positive inflow of ¥29,033,581.19 in Q1 2020[22] - Total cash outflow from investing activities was ¥311,191,929.00, down 34.82% from ¥477,458,328.36, primarily due to the purchase of bank principal-protected products and customized deposits[22] - The company reported a cash and cash equivalents net decrease of ¥19,957,591.99, a significant decline of 135.74% compared to an increase of ¥55,834,696.01 in the previous year[22] - The total cash flow from investment activities increased to 57,540,490.81 CNY from 30,637,252.96 CNY in the previous period[56] - The company reported a total cash inflow from operating activities of 66,767,619.80 CNY, compared to 55,742,829.38 CNY in the previous period[52] - The cash outflow for operating activities was 139,138,550.07 CNY, significantly higher than 26,709,248.19 CNY in the previous period[52] - Total cash inflow from investment activities was 364,451,892.28 CNY, while cash outflow was 311,191,929.00 CNY, resulting in a net cash flow of 53,259,963.28 CNY[53] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,329,721,338.37, a slight increase of 0.14% from ¥3,324,937,483.50 at the end of the previous year[7] - The net assets attributable to shareholders increased by 0.67% to ¥3,062,591,281.30 from ¥3,042,195,219.95 at the end of the previous year[7] - Non-current assets totaled CNY 1,739,147,823.01, down from CNY 1,752,197,907.56, indicating a decrease of approximately 0.75%[34] - Current liabilities decreased to CNY 123,625,344.78 from CNY 138,480,411.65, a reduction of about 10.7%[35] - Total liabilities amounted to CNY 224,838,134.67, down from CNY 239,948,804.08, showing a decline of approximately 6.3%[35] - Owner's equity increased to CNY 3,104,883,203.70 from CNY 3,084,988,679.42, representing a growth of about 0.65%[36] - Cash and cash equivalents stood at CNY 621,860,705.10, slightly down from CNY 630,165,225.97, a decrease of around 0.48%[36] - The company reported a rise in accounts receivable to CNY 19,957,005.60 from CNY 10,573,834.11, an increase of approximately 88.5%[36] - The total current assets reached CNY 1,217,717,891.29, up from CNY 1,187,665,901.18, indicating an increase of about 2.5%[36] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 36,843[12] - The largest shareholder, Hunan Development Asset Management Group Co., Ltd., holds 44.99% of the shares, totaling 208,833,642 shares[12] Research and Development - Research and development expenses amounted to ¥2,018,788.04, reflecting the costs incurred by the R&D center, with no expenses reported in the same period last year[19] - Research and development expenses for Q1 2021 amounted to CNY 2,018,788.04, with no prior year data available for comparison[42]