建设工业(002265) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥222,189,368.42, representing a 135.22% increase compared to ¥94,460,264.80 in the same period last year[9] - The net profit attributable to shareholders was -¥1,520,935.13, an improvement of 91.94% from -¥18,881,511.43 year-on-year[9] - The net cash flow from operating activities was -¥13,837,372.62, showing a 45.32% improvement compared to -¥25,304,062.98 in the previous year[9] - Operating profit increased by 94.87% year-on-year, as the growth in operating revenue outpaced the increase in operating costs[20] - The company reported a significant increase in sales revenue from connecting rod products, contributing to improved operating performance[32] - The total operating profit for the current period was -11,251,939.49, compared to -9,211,327.54 in the previous period, indicating a decline of approximately 22.1%[74] - The net profit for the current period was -9,770,333.37, slightly worse than -9,014,763.88 from the previous period, reflecting an increase in losses of about 8.4%[74] - The total comprehensive income for Q1 2021 was a loss of CNY 1,448,529.44, compared to a loss of CNY 19,191,625.63 in the previous year[67] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,346,732,253.05, a slight increase of 0.12% from ¥1,345,104,208.25 at the end of the previous year[9] - Total non-current assets were reported at CNY 779,502,772.99, down from CNY 794,580,708.54[45] - Current liabilities totaled CNY 454,839,113.00, compared to CNY 450,562,156.41, indicating a slight increase[48] - The total liabilities amounted to CNY 472,450,975.81, up from CNY 470,219,019.22[48] - The equity attributable to shareholders was CNY 874,414,275.12, a decrease from CNY 875,090,592.60[51] Cash Flow - Cash received from tax refunds increased by 11,465.80% year-on-year, attributed to a rise in tax refunds received by the subsidiary[21] - Cash flow from investment activities increased by 40.78% year-on-year, driven by cash received from asset disposals[21] - Cash inflows from operating activities totaled 134,116,864.82, up from 115,797,441.77 in the previous period, representing an increase of approximately 15.7%[75] - Cash outflows from operating activities were 147,954,237.44, compared to 141,101,504.75 in the previous period, indicating an increase of about 4.0%[78] - Cash and cash equivalents decreased to CNY 68,484,476.96 from CNY 122,711,551.27, a decline of approximately 44.6%[42] - The company reported cash inflows from financing activities of 1,081,689.71, compared to 49,951,430.87 in the previous period, indicating a significant decline of approximately 97.8%[81] - The cash inflow from financing activities was $581,689.71, while the cash outflow amounted to $733,565.93, leading to a net cash flow of -$151,876.22 from financing activities[85] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,450, with the top ten shareholders holding a combined 61.02% of the shares[13] - Basic earnings per share are expected to be -0.031 yuan, reflecting a 61.73% increase compared to the previous year[32] - The basic and diluted earnings per share for Q1 2021 were both CNY -0.0048, compared to CNY -0.0593 in Q1 2020, showing an improvement in loss per share[66] Operational Insights - Accounts receivable increased by 31.48% compared to the beginning of the period, primarily due to increased sales revenue from connecting rods[19] - Prepayments increased by 128.30% compared to the beginning of the period, mainly due to increased prepayments by the wholly-owned subsidiary Chengde Galaxy[19] - The company's gross profit margin improved as operating costs increased by 117.24%, reflecting the rise in sales of connecting rod products[19] - Research and development expenses in Q1 2021 were CNY 9,759,499.35, up from CNY 4,092,345.83 in the same quarter last year, reflecting an increase of approximately 138.5%[61] Future Outlook - The company anticipates a net loss for the first half of 2021, with a projected net profit attributable to shareholders ranging from -1,000 to -500 thousand yuan, representing a 61.32% decrease compared to the previous year[32] - The company plans to continue focusing on market expansion and new product development to drive future growth[68] Reporting and Compliance - The first quarter report for 2021 was not audited, which may affect the reliability of the financial data presented[88] - The company did not apply the new leasing standards for the first quarter of 2021, indicating no adjustments to prior financial statements[86]