京山轻机(000821) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥912,887,595.02, representing a 60.22% increase compared to ¥569,757,026.32 in the same period last year[7] - Net profit attributable to shareholders for Q1 2021 reached ¥63,476,846.60, a significant increase of 280.30% from ¥16,691,440.82 in the previous year[7] - The net profit after deducting non-recurring gains and losses was ¥62,836,013.51, up 421.32% from ¥12,053,189.78 year-on-year[7] - Basic earnings per share for Q1 2021 were ¥0.12, a 300.00% increase from ¥0.03 in the same period last year[7] - The company reported a net profit of ¥141,597,920.78, compared to ¥78,121,074.18 in the previous year, indicating a growth of approximately 81%[56] - The total comprehensive income for the current period was ¥61,638,889.71, compared to ¥15,885,073.28 in the previous period, representing an increase of approximately 287.5%[70] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,484,571,188.07, reflecting a 3.68% increase from ¥6,254,522,848.84 at the end of the previous year[7] - The net assets attributable to shareholders at the end of the reporting period were ¥2,395,968,692.68, which is a 2.64% increase from ¥2,334,284,012.87 at the end of the previous year[7] - The company's total liabilities as of March 31, 2021, were RMB 3,681,938,893.76, compared to RMB 3,544,637,401.72 as of December 31, 2020, marking an increase of about 3.9%[53] - Total liabilities increased to ¥3,983,389,549.80 from ¥3,816,480,100.28, reflecting a growth of approximately 4.4%[56] - The company's total current assets as of March 31, 2021, amounted to RMB 4,916,159,927.07, an increase from RMB 4,731,848,029.13 as of December 31, 2020, representing a growth of approximately 3.9%[50] Cash Flow - The company reported a net cash flow from operating activities of -¥143,074,634.62, compared to -¥85,553,427.16 in the same period last year[7] - The company's net cash flow from operating activities was -CNY 143,074,634.62, worsening from -CNY 85,553,427.16 in the previous period[78] - The company’s financing activities generated a net cash flow of RMB 105,197,632.20 in Q1 2021, a significant improvement from -RMB 112,658,008.77 in Q1 2020, primarily due to increased credit borrowings[20] - Cash inflow from financing activities totaled CNY 430,769,581.16, up from CNY 221,227,565.67 in the previous period, an increase of approximately 95%[81] - The ending cash and cash equivalents balance was CNY 496,056,103.23, compared to CNY 352,143,615.18 in the previous period, an increase of about 41%[82] Research and Development - The company's R&D expenses increased by 78.97% to RMB 39,199,905.19 in Q1 2021 from RMB 21,902,809.88 in Q1 2020, reflecting a significant increase in R&D investment[20] - Research and development expenses increased to ¥39,199,905.19 from ¥21,902,809.88, marking an increase of about 78.5%[70] Investments - The company reported an investment income of RMB 1,857,521.58 in Q1 2021, a 357.57% increase from a loss of RMB 721,165.04 in Q1 2020, attributed to profits from equity method accounted enterprises[20] - The company reported an investment income of ¥1,857,521.58, compared to a loss of ¥721,165.04 in the previous period, showing a turnaround[70] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,808[12] - Total equity attributable to shareholders reached ¥2,395,968,692.68, up from ¥2,334,284,012.87, marking an increase of about 2.6%[56] Derivative Investments - The company engaged in derivative investments, including call options with a total initial investment of CNY 670.5 million and CNY 1,318.42 million, with varying performance outcomes[33] - The company has established a risk management committee to oversee derivative investments and ensure compliance with risk management protocols[36] - The company has implemented measures to mitigate liquidity risks associated with derivative investments[36] - The total amount of derivative investments is capped at authorized limits approved by the board of directors[36] Government Subsidies - The company received government subsidies amounting to ¥2,671,748.21 during the reporting period, primarily related to various business subsidies[8] Other Financial Metrics - The company incurred tax expenses of ¥7,243,291.21, compared to ¥4,502,978.09 in the previous period, which is an increase of about 61.0%[70] - Other income for the current period was reported at ¥5,269,293.28, compared to ¥4,675,022.69 in the previous period, reflecting an increase of approximately 12.7%[70]