河钢资源(000923) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,952,670,677.02, representing a 30.22% increase compared to ¥1,499,568,769.76 in the same period last year[10] - Net profit attributable to shareholders was ¥446,238,049.01, a significant increase of 192.12% from ¥152,756,919.25 in the previous year[10] - Basic earnings per share rose to ¥0.6836, up 192.14% from ¥0.2340 in the previous year[10] - The total operating revenue for the first quarter reached ¥1,952,670,677.02, an increase of 30.2% compared to ¥1,499,568,769.76 in the same period last year[60] - The company reported a net profit of ¥3,394,789,069.91, an increase from ¥2,948,551,020.90, showing a growth of 15.1%[51] - The net profit for the current period is CNY 702,903,614.93, compared to CNY 225,462,205.09 in the previous period, indicating a significant increase of about 211%[66] - The operating profit for the current period is CNY 968,941,660.88, up from CNY 301,006,006.35 in the previous period, reflecting an increase of approximately 222%[66] - The total comprehensive income for the current period is CNY 551,767,407.55, compared to a loss of CNY 1,445,996,410.03 in the previous period[69] - The basic and diluted earnings per share for the current period are both CNY 0.6836, compared to CNY 0.2340 in the previous period, showing an increase of approximately 192%[69] Cash Flow - The net cash flow from operating activities reached ¥780,968,031.20, marking a 307.57% increase from ¥191,613,753.07 in the same period last year[10] - The net cash flow from operating activities was 780,968,031.20, significantly higher than 191,613,753.07 in the previous period[81] - Cash inflows from operating activities totaled 1,792,677,275.96, an increase from 1,320,358,615.28 in the previous period[81] - Cash outflows for purchasing goods and services amounted to 774,728,400.75, down from 850,475,202.55 in the previous period[81] - The net increase in cash and cash equivalents for the period was 537,905,023.77, compared to a decrease of -395,723,256.30 in the previous period[83] - The ending balance of cash and cash equivalents was 4,186,455,717.87, up from 2,504,747,465.43 in the previous period[83] Assets and Liabilities - Total assets at the end of the reporting period were ¥14,243,567,389.95, reflecting a 6.07% increase from ¥10,977,193,488.11 at the end of the previous year[10] - The total liabilities amounted to ¥3,840,357,367.67, up from ¥3,576,794,461.04, reflecting a growth of 7.4%[51] - Non-current liabilities totaled ¥2,630,329,111.59, an increase from ¥2,563,308,973.70, indicating a rise of 2.6%[51] - The total equity attributable to shareholders of the parent company was ¥7,747,683,621.33, compared to ¥7,424,882,165.10, marking an increase of 4.4%[51] - The company's cash and cash equivalents stood at ¥27,774,227.36, slightly down from ¥28,511,241.07[52] - The total current liabilities were ¥1,210,028,256.08, compared to ¥1,013,485,487.34, indicating a significant increase of 19.4%[51] Changes and Adjustments - The company has implemented changes in accounting policies in accordance with the new leasing standards effective from January 1, 2021[10] - The company has implemented new leasing standards starting from 2021, affecting prior comparative data[102] - The company has not undergone an audit for the first quarter report[102] Investment and Expenses - The construction in progress increased by 3.81% compared to the beginning of the year, mainly due to increased investment in the copper phase II project[23] - Other non-current financial assets increased by 7.78% compared to the beginning of the year, primarily due to reinvestment of investment income[23] - Taxes payable increased by 362.02% compared to the beginning of the year, mainly due to increased corporate income tax expenses resulting from higher profits[23] - Investment cash flow net decreased by 63.77% compared to the same period last year, mainly due to a decrease in capital expenditures for copper phase II[23] - Sales expenses decreased by 52.47% compared to the same period last year, mainly due to the scale of iron ore sales and accounting policy adjustments[23] - Financial expenses decreased by 77.51% compared to the same period last year, primarily due to the decline in the USD to ZAR exchange rate[23] - The tax expenses for the current period are CNY 266,035,361.33, compared to CNY 75,543,801.26 in the previous period, reflecting an increase of approximately 252%[66] - The financial expenses for the current period show a significant reduction to CNY -24,520,752.98 from CNY -109,047,668.78 in the previous period[66] - The investment income for the current period is CNY 46,865,299.17, a substantial increase from CNY 3,271,308.04 in the previous period[66] Shareholder Information - The company reported a total of 20,595 common shareholders at the end of the reporting period[15] - The largest shareholder, Hebei Iron and Steel Group Co., Ltd., held 23.81% of the shares, amounting to 155,410,632 shares[15]