万邦德(002082) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥582,004,755.24, representing a decrease of 77.27% compared to ¥2,560,392,088.56 in the same period last year[8] - Net profit attributable to shareholders was ¥27,572,053.71, down 42.32% from ¥47,805,036.95 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥13,914,168.13, a decline of 70.80% compared to ¥47,659,201.22 in the previous year[8] - Basic and diluted earnings per share were both ¥0.04, down 50.00% from ¥0.08 in the previous year[8] - Operating revenue decreased by 77.27% year-on-year, primarily due to the cessation of the metal trading business of subsidiary Shanghai Xingdong Aluminum and the disposal of subsidiaries[19] - Operating costs decreased by 83.08% year-on-year, mainly due to the cessation of the metal trading business and the disposal of subsidiaries[19] - Total operating revenue for Q1 2021 was CNY 582,004,755.24, a significant decrease from CNY 2,560,392,088.56 in the same period last year, representing a decline of approximately 77.3%[44] - Total operating costs for Q1 2021 were CNY 564,433,824.80, down from CNY 2,493,875,908.59 year-over-year, indicating a reduction of about 77.3%[45] - Net profit for Q1 2021 was CNY 27,131,157.80, compared to CNY 49,491,336.90 in Q1 2020, reflecting a decrease of approximately 45.2%[46] Cash Flow and Assets - The net cash flow from operating activities was -¥184,585,297.73, a decrease of 30.39% from -¥141,562,471.46 in the same period last year[8] - The company's cash and cash equivalents decreased to CNY 416,452,168.11 from CNY 574,183,019.64, reflecting a reduction of about 27.5%[36] - Cash and cash equivalents at the end of the period totaled 459,266,203.64, an increase from 360,227,536.73 in the previous period[55] - The net cash flow from operating activities was -345,511,514.71 CNY, compared to -99,068,145.70 CNY in the previous period, indicating a significant decline in operational cash flow[56] - Total cash inflow from operating activities was 130,733,553.38 CNY, down from 708,622,120.37 CNY in the previous period, indicating a decrease in operational revenue[56] - Total cash outflow from operating activities was 476,245,068.09 CNY, compared to 807,690,266.07 CNY in the previous period, showing a reduction in cash outflows[56] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,208,126,580.87, a decrease of 25.68% from ¥5,662,314,950.96 at the end of the previous year[8] - The company's total assets as of March 31, 2021, amounted to CNY 3,532,145,978.87, an increase from CNY 3,167,112,910.03 at the end of 2020[42] - Current liabilities decreased to CNY 1,027,427,269.26 from CNY 1,865,049,790.53, a decline of approximately 45.0%[38] - Long-term borrowings decreased to CNY 280,000,000.00 from CNY 746,800,000.00, reflecting a reduction of about 62.5%[38] - The company's total liabilities decreased to CNY 1,403,470,468.56 from CNY 2,804,191,333.60, indicating a decline of approximately 50.0%[38] - The total liabilities decreased to CNY 515,120,057.04 from CNY 625,822,769.49, indicating a reduction of approximately 17.7%[42] Subsidiary Operations - The company ceased operations of its subsidiary Shanghai Xingdong Aluminum Trading Development Co., Ltd. and is in the process of deregistration[8] - The divestment of Dongliang Aluminum Industry Co., Ltd. and Huzhou Jiacheng Metal Coating Co., Ltd. significantly impacted the financial results for Q1 2021[9] - The company completed the disposal of 100% equity of Dongliang Aluminum and 51% equity of Huzhou Jiacheng, which will no longer be included in the consolidated financial statements from March 2021[20] - Accounts receivable financing decreased by 72.49% compared to the beginning of the period, mainly due to the disposal of wholly-owned subsidiary Dongliang Aluminum and controlling subsidiary Huzhou Jiacheng's equity[18] - Inventory decreased by 73.73% compared to the beginning of the period, mainly due to the disposal of wholly-owned subsidiary Dongliang Aluminum and controlling subsidiary Huzhou Jiacheng's equity[18] Investment and Shareholder Actions - The company repurchased 3,947,700 shares, accounting for 0.64% of the total share capital, with a total repurchase amount of approximately RMB 49.04 million[20] - The company plans to use its own funds to repurchase shares for future equity incentives or employee stock ownership plans, with a repurchase amount between RMB 50 million and 100 million[20] - The company reported non-recurring gains of ¥13,657,885.58 during the reporting period[12] - Investment income increased by 40,773.14% year-on-year, primarily due to the disposal of subsidiaries[19] - The investment income for Q1 2021 was CNY 176,663,625.40, a substantial increase compared to CNY 432,224.27 in Q1 2020[45] Research and Development - The company’s R&D expenses for Q1 2021 were CNY 21,678,678.82, slightly down from CNY 24,155,529.29 in the previous year, a decrease of about 10.3%[45] Other Financial Information - The company reported no derivative investments during the reporting period[26] - There were no significant contracts or entrusted financial management activities reported during the period[28][29] - The first quarter report was not audited, which may affect the reliability of the financial data presented[61]