江苏国泰(002091) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥6,250,903,325.65, representing a 4.23% increase compared to ¥5,997,343,472.29 in the same period last year[8]. - The net profit attributable to shareholders was ¥166,096,906.75, a 1.60% increase from ¥163,477,750.33 year-on-year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥170,209,246.69, reflecting a 10.17% increase from ¥154,499,319.51 in the previous year[8]. - The basic earnings per share increased by 10.00% to ¥0.11 from ¥0.10 year-on-year[8]. - The total comprehensive income for the current period is 219,126,720.39, down from 247,230,731.04 in the previous period, indicating a decrease of about 11.4%[80]. - The total profit for the current period is 297,380,536.66, slightly down from 302,608,600.62, indicating a decrease of about 1.8%[76]. - The net profit attributable to shareholders of the parent company is 166,096,906.75, up from 163,477,750.33, reflecting a growth of approximately 1.0%[76]. Cash Flow - The net cash flow from operating activities was -¥1,300,674,741.88, a significant decrease of 2,378.11% compared to ¥57,094,485.84 in the same period last year[8]. - The company's cash flow from financing activities decreased by 133.28% to -¥263,945,441.49, primarily due to the repayment of ¥600 million in loans by the parent company[22]. - Cash outflow from operating activities was ¥10,266,894,426.46, compared to ¥7,973,910,344.36 last year, resulting in a net cash flow from operating activities of -¥1,300,674,741.88[92]. - Cash outflow from investment activities was ¥4,446,523,376.72, compared to ¥6,838,649,632.33 last year, leading to a net cash flow from investment activities of -¥537,894,904.06[92]. - Net cash flow from financing activities was -¥263,945,441.49, compared to a positive flow of ¥793,190,163.03 last year[94]. Assets and Liabilities - Total assets at the end of the reporting period were ¥23,168,270,362.04, down 10.54% from ¥25,896,865,830.14 at the end of the previous year[8]. - The company's total assets amounted to ¥23.17 billion, a decrease from ¥25.90 billion at the end of 2020, representing a decline of approximately 10.5%[52]. - The total current liabilities decreased to ¥10.41 billion from ¥12.44 billion, indicating a decline of approximately 16.3%[58]. - Total liabilities decreased to ¥1,991,656,344.15 from ¥2,595,429,091.27, a reduction of about 23.3%[68]. - The company's accounts receivable decreased to ¥3.97 billion from ¥4.30 billion, a reduction of approximately 7.7%[52]. - The company's inventory increased to ¥1.82 billion from ¥1.56 billion, reflecting an increase of about 14.6%[52]. Shareholder Information - The top shareholder, Jiangsu Guotai International Trade Co., Ltd., holds 33.30% of the shares, with a total of 520,634,425 shares[12]. - The total number of ordinary shareholders at the end of the reporting period was 39,700[12]. - The company raised a total of RMB 2,740,629,662.99 from a private placement of 207,309,319 shares at a price of RMB 13.52 per share[35]. Investment Activities - The company plans to raise up to ¥455,741,860 through the public issuance of convertible bonds, which has been approved by the China Securities Regulatory Commission[25]. - The company invested RMB 80,000 million in increasing its stake in Guotai Finance[36]. - The company allocated RMB 14,007.50 million to the Myanmar garment industry base project[36]. - The company has a total of RMB 42,906 million in structured deposits with various banks[40]. - The company reported a profit of RMB 261.9 million from derivative investments during the reporting period[31]. Financial Management - Financial expenses decreased by 51.97% to ¥6,946,792.65 due to minor exchange rate fluctuations during the period[22]. - Investment income fell by 32.31% to ¥29,291,151.76, attributed to reduced financial management and lower maturity income[22]. - The company has implemented measures to mitigate risks associated with foreign exchange fluctuations and internal controls[31]. - The company has established a management system for forward foreign exchange settlements to reduce internal control risks[31]. Research and Development - Research and development expenses for Q1 2021 were ¥20,601,078.62, compared to ¥17,883,108.14 in the previous year, marking an increase of 9.6%[73].