青岛金王(002094) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥982,648,270.91, representing a 19.66% increase compared to ¥821,188,076.71 in the same period last year[7] - The net profit attributable to shareholders was ¥8,899,062.74, a significant recovery from a loss of ¥19,220,839.71 in the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,901,042.72, compared to a loss of ¥21,339,002.25 in the same period last year[7] - The basic earnings per share for Q1 2021 was ¥0.0130, recovering from a loss of ¥0.0280 per share in the same period last year[7] - The weighted average return on net assets was 0.36%, an improvement of 1.03% compared to -0.67% in the previous year[7] - The total operating revenue for the first quarter of 2021 was CNY 982,648,270.91, representing an increase of 19.7% compared to CNY 821,188,076.71 in the same period last year[37] - The net profit for Q1 2021 was CNY 7.28 million, a significant recovery from a net loss of CNY 32.43 million in Q1 2020[39] - The company reported a gross profit margin of approximately 11.6% in Q1 2021, compared to a negative margin in the previous year[38] - The total comprehensive income for Q1 2021 was CNY -6.63 million, an improvement from CNY -47.63 million in Q1 2020[39] Assets and Liabilities - The company's total assets increased by 5.83% to ¥5,085,835,436.86 from ¥4,805,511,403.76 at the end of the previous year[7] - As of March 31, 2021, total current assets were ¥3,801,137,706.13, an increase from ¥3,541,794,402.61 as of December 31, 2020[29] - Current liabilities rose to CNY 2,136,982,715.34, compared to CNY 1,873,797,978.78, indicating an increase of about 14.1%[31] - The total non-current liabilities amounted to CNY 186,624,661.17, up from CNY 163,155,037.90, which is an increase of approximately 14.4%[31] - The total equity attributable to shareholders of the parent company was CNY 2,460,382,869.30, slightly down from CNY 2,465,427,007.14, showing a decrease of about 0.2%[32] - Total liabilities reached CNY 2,036,953,016.68, with current liabilities at CNY 1,873,797,978.78 and non-current liabilities at CNY 163,155,037.90[53] Cash Flow - The company reported a net cash flow from operating activities of -¥255,005,340.10, slightly worse than -¥231,299,318.25 in the same period last year[7] - Cash inflows from operating activities totaled CNY 984.97 million in Q1 2021, compared to CNY 936.58 million in Q1 2020, showing a positive cash flow trend[45] - The net cash flow from operating activities was -291,473,876.90 CNY, worsening from -61,876,673.22 CNY in the previous period, highlighting operational challenges[49] - Cash inflow from investment activities totaled 122,335,197.30 CNY, while cash outflow was 1,164,530,290.74 CNY, resulting in a net cash flow from investment activities of -1,042,195,093.44 CNY[46] - The net cash flow from financing activities was 352,132,072.97 CNY, a significant increase from 65,352,280.40 CNY in the previous period, reflecting improved financing conditions[47] Investment and Expenses - Investment income for Q1 2021 decreased by 37.21% compared to the same period last year, mainly due to a decline in net profit from associated companies[13] - Research and development expenses increased to CNY 5.56 million in Q1 2021, up from CNY 4.90 million in Q1 2020, indicating a focus on innovation[38] - In Q1 2021, cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets increased by 453.49% compared to Q1 2020, primarily due to the purchase of fixed assets[15] - The company reported an investment loss of CNY 0.83 million in Q1 2021, a decrease from a profit of CNY 8.61 million in the same period last year[41] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 32,330, with the largest shareholder holding 21.41% of the shares[9] - The company reported no overdue commitments or violations regarding external guarantees during the reporting period[22] Other Financial Metrics - The company experienced a 92.45% increase in notes payable compared to the end of 2020, primarily due to the use of acceptance bills for payment[13] - In Q1 2021, asset impairment losses decreased by 76.94% compared to Q1 2020, primarily due to a reduction in inventory impairment provisions[14] - In Q1 2021, asset disposal gains increased by 100.00% compared to Q1 2020, as there were no related transactions in the same period last year[14] - In Q1 2021, income tax expenses rose by 1886.20% compared to Q1 2020, attributed to an increase in total revenue and profit, leading to a higher taxable income[14] - The company reported a decrease in other comprehensive income to CNY 7,068,767.75 from CNY 21,004,169.39, a decline of about 66.5%[32] Audit Status - The first quarter report was not audited, indicating a preliminary financial assessment[58]