新兴铸管(000778) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥13,263,977,839.72, representing a 61.92% increase compared to ¥8,191,722,965.31 in the same period last year[11]. - Net profit attributable to shareholders was ¥432,884,702.84, up 20.49% from ¥359,263,776.89 year-on-year[11]. - The net profit after deducting non-recurring gains and losses was ¥419,348,561.84, reflecting a 17.36% increase from ¥357,330,038.04 in the previous year[11]. - The basic earnings per share increased by 20.56% to ¥0.1085 from ¥0.0900 in the same period last year[11]. - Total revenue increased by 61.92% year-on-year, driven by reduced pandemic impact and increased sales volume[21]. - The net profit for the current period was ¥539,566,123.04, compared to ¥364,559,441.84 in the previous period, reflecting a growth of approximately 47.9%[69]. - The net profit for the current period was ¥162,743,385.91, up from ¥147,674,511.32, reflecting a growth of 10.1%[76]. Cash Flow and Liquidity - The net cash flow from operating activities turned positive to ¥3,113,980.43, compared to a negative cash flow of ¥539,396,824.68 in the previous year[11]. - The company reported a significant increase in cash received from sales and services, totaling ¥11,141,881,154.35, compared to ¥6,173,293,693.41 in the previous period, marking an increase of 80.0%[80]. - The total cash outflow from operating activities was ¥11,271,829,155.96, compared to ¥6,912,760,312.36 in the previous period, reflecting an increase of 62.5%[84]. - Cash flow from operating activities increased to ¥8,076,165,106.43, up from ¥5,189,365,019.10, representing a growth of approximately 55.5% year-over-year[87]. - The company reported a net cash decrease of ¥2,512,818,535.46, compared to a smaller decrease of ¥272,020,332.54 in the prior year[86]. - Cash and cash equivalents at the end of the period stood at ¥6,626,344,243.23, down from ¥7,116,248,062.56[86]. Assets and Liabilities - Total assets at the end of the reporting period were ¥50,782,612,995.40, a decrease of 4.52% from ¥53,188,737,281.43 at the end of the previous year[11]. - Current liabilities totaled ¥21,099,766,081.63, down from ¥23,900,867,851.79, a reduction of 11.7%[51]. - The total liabilities decreased to ¥26,184,097,671.22 from ¥29,034,607,644.80, showing a decline of 9.9%[51]. - The total current assets amounted to ¥23,951,853,753.67, a decrease of 10.4% from ¥26,823,361,218.82 as of December 31, 2020[45]. - The total non-current assets reached ¥26,830,759,241.73, up from ¥26,365,376,062.61, indicating an increase of 1.8%[48]. - The company's total assets decreased to ¥36,740,643,544.42 from ¥39,549,139,056.94, a decline of about 7.1%[61]. - Total liabilities amounted to CNY 29,034,607,644.80, with current liabilities at CNY 23,900,867,851.79[100]. Shareholder Information - The net assets attributable to shareholders increased by 1.69% to ¥22,497,126,633.65 from ¥22,122,309,853.52 at the end of the previous year[11]. - The total number of ordinary shareholders at the end of the reporting period was 150,429, with the largest shareholder, Xinxing Cathay International Group Co., Ltd., holding 39.96%[15]. - Total equity attributable to shareholders reached CNY 22,122,309,853.52, with retained earnings of CNY 9,201,185,680.81[103]. Investment and Expenses - Investment income surged by 3,049.95%, reflecting increased earnings from joint ventures and associates[21]. - Research and development expenses grew by 43.48%, indicating a rise in R&D investment[21]. - Research and development expenses for the current period were ¥92,213,894.56, compared to ¥64,270,639.50 in the previous period, marking an increase of approximately 43.5%[66]. - The company reported investment income of ¥103,360,141.29, a significant increase from ¥3,281,328.06 in the previous period[66]. Other Financial Metrics - The weighted average return on equity was 1.94%, up from 1.68% in the previous year, an increase of 0.26%[11]. - The company reported non-recurring gains and losses totaling ¥13,536,141.00 for the reporting period[11]. - The fair value change of other equity instruments decreased by 145.33%, due to fluctuations in the value of shares held in Jihua Group[21]. - The company's other comprehensive income showed a negative change, with a tax-adjusted amount of -¥65,149,925.92 compared to a positive amount of ¥145,430,332.90 in the previous period[69]. - The company experienced a decrease in other comprehensive income, with a net loss of -¥65,569,000.00 compared to a gain of ¥144,637,500.00 in the previous period[76].