*ST新纺(002087) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,340,121,113.42, representing a 26.54% increase compared to ¥1,059,049,881.19 in the same period last year[8] - The net profit attributable to shareholders decreased by 47.75% to ¥33,073,548.79 from ¥63,299,084.89 year-on-year[8] - The basic earnings per share dropped by 47.74% to ¥0.0405 from ¥0.0775 in the same period last year[8] - The net profit attributable to shareholders for the first quarter of 2021 was CNY 57.38 million, a decrease of 30% compared to CNY 80.33 million in the same period last year[22] - Basic earnings per share for the first quarter of 2021 was CNY 0.0702, down 30% from CNY 0.0983 in the previous year[22] - The company anticipates a decline in net profit due to increased uncertainty in the international trade environment and the impact of the global COVID-19 pandemic[22] - The company reported a decrease in total profit to CNY 40,799,564.73 from CNY 74,117,356.42 in the previous period[40] - Total comprehensive income for the first quarter was CNY 33,986,499.26, down from CNY 62,880,884.95 year-over-year[41] Cash Flow - The net cash flow from operating activities increased significantly by 338.22% to ¥277,778,770.30 compared to ¥63,388,629.05 in the previous year[8] - The company reported a net cash flow from operating activities of CNY 277,778,770.30, a significant increase from CNY 63,388,629.05 in the same period last year, representing a growth of approximately 338%[48] - Total cash inflow from operating activities was CNY 1,476,477,767.08, compared to CNY 1,159,511,934.66 in the previous year, indicating an increase of about 27.3%[48] - Cash outflow from operating activities totaled CNY 1,198,698,996.78, up from CNY 1,096,123,305.61, reflecting a rise of approximately 9.4%[48] - The company reported a net cash flow from investing activities of -CNY 8,860,805.09, an improvement from -CNY 25,085,943.23 year-over-year[49] - Cash inflow from financing activities was CNY 1,092,300,000.00, compared to CNY 944,715,893.30 in the previous year, marking an increase of about 15.6%[49] - The net cash flow from financing activities was -CNY 429,971,205.12, worsening from -CNY 269,220,284.59 in the same quarter last year[49] - The ending balance of cash and cash equivalents was CNY 129,009,354.93, slightly up from CNY 121,192,450.49 year-over-year[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,957,759,712.49, a decrease of 2.22% from ¥10,183,876,727.24 at the end of the previous year[8] - The total assets as of March 31, 2021, amounted to CNY 9.96 billion, a decrease from CNY 10.18 billion at the end of 2020[30] - The total liabilities decreased to CNY 5,298,436,709.79 from CNY 5,367,312,148.03 in the previous period[36] - The company's cash and cash equivalents decreased to CNY 782.96 million from CNY 861.15 million at the end of 2020[30] - The company's cash and cash equivalents were CNY 550,014,296.49, down from CNY 575,267,812.02 at the end of 2020[33] - The long-term borrowings increased by 58.42% compared to the beginning of the year, attributed to new long-term loans[15] - The long-term borrowings increased to CNY 583,623,627.48 from CNY 368,414,072.68 in the previous period[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 57,670[11] - The total equity attributable to shareholders was CNY 4,305,469,463.18, compared to CNY 4,272,226,678.75 in the previous period[33] Operational Metrics - The gross profit margin declined, leading to a 44.96% decrease in operating profit compared to the previous year[15] - The total operating costs for the first quarter of 2021 amounted to CNY 1,296,736,935.04, compared to CNY 986,275,555.35 in the previous period[39] - The company's sales revenue from goods and services received was CNY 1,219,587,819.94, an increase from CNY 883,630,069.82, representing a growth of approximately 38%[51] - The total cash outflow for operating activities was CNY 1,188,934,589.42, compared to CNY 967,854,088.48 in the previous year, indicating an increase of about 22.8%[51] Research and Development - Research and development expenses increased to CNY 36,251,427.41, compared to CNY 24,540,254.36 in the previous period[43] Other Financial Information - The company received government subsidies amounting to ¥2,244,145.50 during the reporting period[9] - The company reported no derivative investments during the reporting period[20] - The company incurred a credit impairment loss of CNY -3,436,722.69, compared to CNY -2,947,937.57 in the previous period[44] - The company’s financial expenses included interest expenses of CNY 34,152,657.85, up from CNY 28,754,525.85 in the previous period[43] - Other comprehensive income after tax was CNY 259,235.64, compared to a loss of CNY 93,428.28 in the previous period[40]