东方锆业(002167) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥255,971,159.23, representing a 62.15% increase compared to ¥157,859,672.24 in the same period last year[8] - Net profit attributable to shareholders was ¥1,549,798.90, a significant turnaround from a loss of ¥45,010,662.02 in the previous year, marking a 103.44% improvement[8] - Basic earnings per share improved to ¥0.0022 from a loss of ¥0.0700, reflecting a 103.14% increase[8] - Operating revenue increased by 98.11 million yuan, a growth of 62.15%, primarily due to an increase in sales volume during the reporting period[16] - Net profit attributable to shareholders of the parent company increased by 103.44% compared to the same period last year, driven by sustained growth in sales of main products and the commencement of new business projects[17] - The total comprehensive income for the quarter was CNY 519,553.10, a recovery from a loss of CNY 48,950,491.18 in the same period last year[44] Cash Flow - The net cash flow from operating activities reached ¥139,025,998.16, a remarkable increase of 528.90% from a negative cash flow of ¥32,414,451.95 in the same period last year[8] - The net cash flow from operating activities was 139.03 million yuan, an increase of 528.90% compared to the same period last year, mainly due to increased sales collections and reduced margin for letter of credit settlements[17] - The company achieved a cash inflow from operating activities of CNY 279,699,864.79, up from CNY 185,344,013.21 in the previous period, representing an increase of approximately 50.8%[50] - The net cash flow from operating activities for the first quarter was CNY 166,720,435.31, a significant increase compared to CNY 1,037,755.84 in the same period last year[54] - Total cash inflow from operating activities reached CNY 663,794,630.27, up from CNY 151,605,421.20 year-on-year[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,207,298,514.92, a decrease of 4.51% from ¥2,311,563,368.38 at the end of the previous year[8] - The total liabilities decreased to CNY 1,153,453,792.96 from CNY 1,260,041,221.74, reflecting a reduction in financial obligations[35] - The company's equity attributable to shareholders increased to CNY 1,102,611,687.62 from CNY 1,099,830,154.04, showing a slight growth in shareholder value[36] - The total current liabilities increased from CNY 1,070,174,455.24 to CNY 1,251,542,555.42, reflecting a significant rise in short-term obligations[61] Shareholder Information - The company reported a total of 48,888 common shareholders at the end of the reporting period[12] - The largest shareholder, Longmang Baililian Group Co., Ltd., held 23.62% of the shares, totaling 182,210,818 shares[12] Research and Development - Research and development expenses increased by 6.73 million yuan, a growth of 274.72%, reflecting increased investment in R&D during the reporting period[16] - Research and development expenses increased to CNY 9,180,354.26 from CNY 2,449,932.69, reflecting a growth of approximately 274.5%[46] Financial Management - Financial expenses decreased by 36.62 million yuan, a reduction of 79.87%, primarily due to the repayment of bank loans and the impact of exchange gains and losses[16] - Financial expenses decreased to CNY 9,231,724.43 from CNY 45,851,212.43, showing a reduction of about 80%[46] Other Financial Metrics - Investment income decreased by 3.27 million yuan, a reduction of 87.50%, due to changes in profits from associated enterprises during the reporting period[16] - The company recorded investment income of CNY 467,645.39, down from CNY 3,742,411.85 in the previous year, indicating a decline of approximately 87.5%[43] Commitments and Compliance - The company has made commitments to avoid interference in its production and operational activities[21] - The company has committed to returning all benefits obtained from the incentive plan if any false disclosures are confirmed[21] - The company reported no derivative investments during the reporting period[25] - There were no violations of external guarantees during the reporting period[27] - The company did not engage in any entrusted wealth management during the reporting period[29] - There were no significant contracts in daily operations reported during the period[26] Cash and Cash Equivalents - Cash and cash equivalents decreased by 115.63 million yuan, a reduction of 73.10%, mainly due to the purchase of raw materials and the maturity of acceptance bills and international letters of credit[16] - As of March 31, 2021, the company's cash and cash equivalents decreased to ¥42,548,905 from ¥158,174,894 as of December 31, 2020, representing a decline of approximately 73%[33] - The ending balance of cash and cash equivalents was CNY 14,769,357.48, compared to CNY 9,889,814.38 at the end of the same quarter last year[55] Audit and Reporting - The company has not undergone an audit for the first quarter report, indicating that the figures are unaudited[62]