正威新材(002201) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥293,935,429.19, representing a 60.79% increase compared to ¥182,806,299.47 in the same period last year[7]. - Net profit attributable to shareholders for Q1 2021 reached ¥11,552,239.29, a significant increase of 529.81% from ¥1,834,249.80 in the previous year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥8,484,900.44, up 486.76% from ¥1,446,049.82 year-on-year[7]. - The basic earnings per share for Q1 2021 was ¥0.0347, reflecting a 530.91% increase from ¥0.0055 in the same period last year[7]. - Operating revenue for the reporting period increased by CNY 111.13 million, a rise of 60.79%, primarily driven by enhanced domestic market development and increased sales of wind turbine blades and fiberglass products[15]. - The company reported a net profit of CNY 351,686,385.44 for the period, compared to CNY 338,984,632.19 in the previous period, reflecting a growth of 3.9%[35]. - The total profit for Q1 2021 was CNY 13,736,624.84, up from CNY 3,814,391.10 in Q1 2020, which is an increase of approximately 260.0%[38]. - The company's total comprehensive income for Q1 2021 was CNY 11,552,239.29, compared to CNY 1,834,249.80 in the same period last year, indicating a substantial increase of approximately 529.5%[39]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,404,329,535.64, a decrease of 3.83% from ¥2,500,133,284.01 at the end of the previous year[7]. - Total assets decreased from CNY 2,500,133,284.01 at the end of 2020 to CNY 2,404,329,535.64 as of March 31, 2021, representing a decline of 3.8%[32]. - Total liabilities decreased from CNY 1,523,895,488.95 to CNY 1,416,183,923.76, a reduction of 7.0%[31]. - Current liabilities totaled CNY 1,186,737,131.69, down from CNY 1,269,245,300.07, indicating a decrease of 6.5%[31]. - Non-current liabilities decreased from CNY 254,650,188.88 to CNY 229,446,792.07, a decline of 9.9%[31]. - The company's total equity increased from CNY 1,087,110,414.22 to CNY 1,099,812,167.47, an increase of 1.3%[35]. - The company reported a deferred income tax liability of CNY 3,963,840.15[56]. - The total liabilities and owner's equity combined amounted to CNY 2,470,190,664.39[57]. Cash Flow - The net cash flow from operating activities for Q1 2021 was ¥4,800,230.28, down 90.96% from ¥53,117,900.16 in the same period last year[7]. - The cash inflow from operating activities was CNY 214,110,530.78, down from CNY 250,228,102.92 in the previous year, indicating a decrease of about 14.4%[44]. - The total cash inflow from operating activities was 343,395,110.35 CNY, significantly higher than 185,865,010.35 CNY in the previous period[48]. - The net cash flow from financing activities was -51,150,691.01 CNY, compared to a positive flow of 27,686.77 CNY previously[46]. - Cash outflow for investment activities totaled 7,932,804.83 CNY, a decrease of 25.5% from 10,574,155.04 CNY[45]. - The net cash flow from investment activities was -7,891,122.83 CNY, compared to -10,574,155.04 CNY in the previous period[45]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,616[10]. - The top three shareholders held a combined 40.98% of the company's shares, with Shenzhen Yiwei New Materials Co., Ltd. holding 19.55%[10]. Research and Development - Research and development expenses increased by CNY 5.81 million, a growth of 72.51%, reflecting the company's increased investment in R&D[15]. - The company's R&D expenses were CNY 13,813,859.05, which is an increase of 72.5% from CNY 8,007,352.34 in the previous year[38]. Other Financial Metrics - The company reported a credit impairment loss of CNY 762,201.12, compared to a loss of CNY 225,017.24 in the previous year, showing a deterioration in credit quality[38]. - The financial expenses for the quarter were CNY 11,612,258.78, slightly up from CNY 10,480,448.60, reflecting an increase of about 10.8%[38]. - The company has no significant non-operating guarantees or financial investments during the reporting period[22][23]. - The implementation of the new leasing standard from January 1, 2021, did not require retrospective adjustments to prior financial statements[57]. - The company has a total of CNY 47,867,639.09 in deferred income[56].