中核钛白(002145) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 1,235,850,264.21, representing a 49.53% increase compared to CNY 826,503,691.28 in the same period last year[3] - Net profit attributable to shareholders was CNY 287,248,523.71, up 77.29% from CNY 162,025,054.64 year-on-year[3] - The net profit after deducting non-recurring gains and losses was CNY 275,199,094.02, reflecting a 92.16% increase from CNY 143,212,143.01 in the previous year[3] - Basic earnings per share increased to CNY 0.1399, a rise of 39.90% from CNY 0.1000 in the previous year[3] - The company reported a significant increase in investment income, up 10,893.38% to CNY 8,203,668.50, due to higher returns from financial products[10] - The total comprehensive income for the period reached ¥287,248,523.71, compared to ¥162,025,054.64 in the previous period, reflecting a significant increase[37] Cash Flow and Assets - The net cash flow from operating activities was CNY 87,595,366.57, which is a 14.37% increase compared to CNY 76,590,971.78 in the same period last year[3] - The company's cash and cash equivalents amounted to CNY 2.23 billion, up from CNY 1.94 billion at the end of 2020, indicating an increase of approximately 14.61%[27] - The total assets at the end of the reporting period were CNY 9,233,495,934.36, marking a 12.95% increase from CNY 8,174,797,449.94 at the end of the previous year[3] - The company's inventory as of March 31, 2021, was CNY 501.91 million, compared to CNY 420.64 million at the end of 2020, marking an increase of approximately 19.33%[27] - The total cash and cash equivalents at the end of the period reached ¥1,782,148,082.02, up from ¥509,212,409.45 at the end of the previous period[44] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 81,005[6] - The largest shareholder, Wang Zelong, held 43.48% of the shares, totaling 892,927,745 shares[6] - The total equity attributable to the parent company was CNY 6.11 billion, up from CNY 5.83 billion, representing an increase of about 4.93%[30] Liabilities and Debt - Short-term borrowings increased by 40.72% to CNY 517,421,830.00, indicating a rise in borrowing during the reporting period[10] - The total current liabilities increased to CNY 2.86 billion from CNY 2.09 billion, reflecting a rise of about 36.67%[29] - The cash outflow for debt repayment was ¥60,489,990.00, significantly lower than ¥220,000,000.00 in the previous period[44] Research and Development - Research and development expenses rose by 47.46% to CNY 26,811,351.27, reflecting increased investment in R&D[10] - Research and development expenses for Q1 2021 were ¥26,811,351.27, an increase from ¥18,182,004.32 in Q1 2020[35] Investments and Projects - The company plans to invest in multiple projects, including a 200,000-ton titanium dioxide production line and a 500,000-ton lithium iron phosphate project[13] - The company has initiated a capital increase for its wholly-owned subsidiary, Dongfang Titanium, amounting to CNY 78 million[15] - The company has invested in a lithium iron phosphate project with an annual production capacity of 500,000 tons, announced on February 4, 2021[18] - The company is also investing in a resource recycling project for water-soluble monoammonium phosphate, announced on February 4, 2021[18] - The company has initiated a project for deep processing of recycled titanium dioxide, announced on February 4, 2021[18] Compliance and Governance - The company has established a management system for foreign exchange hedging, ensuring compliance with regulatory requirements and effective risk control measures[20] - There were no overdue commitments from the actual controller, shareholders, or related parties during the reporting period[17] - The company has not reported any violations regarding external guarantees during the reporting period[24] Miscellaneous - The company has engaged in foreign exchange hedging activities, with a total investment amount of CNY 55,307.33 million and a year-end investment amount of CNY 39,309.99 million, representing 6.43% of the company's net assets[19] - The company has not engaged in any securities investments during the reporting period[18] - The first quarter report for 2021 was not audited[50]