金正大(002470) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 2,854,325,725.98, representing a 10.13% increase compared to CNY 2,591,778,373.64 in the same period last year[9] - Net profit attributable to shareholders was CNY 38,618,464.40, a significant increase of 48.07% from CNY 26,080,852.94 year-on-year[9] - The net profit after deducting non-recurring gains and losses was CNY 29,112,733.80, up 45.83% from CNY 19,962,935.83 in the previous year[9] - The company reported a total of CNY 8.39 million in entrusted financial management, with no overdue amounts[30] - The total operating revenue for Q1 2021 was CNY 2,854,325,725.98, an increase from CNY 2,591,778,373.64 in the previous period[48] - The company's net profit for Q1 2021 was not explicitly stated, but the increase in total revenue suggests positive performance compared to the previous year[48] - The total profit for the first quarter was CNY 73,617,838.42, compared to CNY 49,795,362.15 in the same period last year, reflecting a growth of approximately 47.8%[50] - The net profit for the first quarter was CNY 51,430,966.64, compared to CNY 32,981,867.02 in the same period last year, representing a year-over-year increase of approximately 55.8%[50] Cash Flow - The net cash flow from operating activities was CNY 298,632,863.27, a turnaround from a negative cash flow of CNY -796,543,266.24 in the same period last year[9] - Net cash flow from operating activities increased by CNY 1,095,176,129.51 compared to the same period last year, mainly due to a decrease in cash paid for goods and services[22] - The cash inflow from operating activities was CNY 2,815,089,225.41, compared to CNY 2,973,749,957.83 in the previous year[57] - Total cash outflow from operating activities was CNY 2,516,456,362.14, down from CNY 3,770,293,224.07 in Q1 2020, indicating a reduction of approximately 33.4%[58] - The cash paid for purchasing goods and services was CNY 291,951,628.40, significantly lower than CNY 1,209,868,431.78 in the same quarter last year, indicating a reduction of approximately 76.1%[61] Assets and Liabilities - Total assets at the end of the reporting period were CNY 18,348,366,001.48, an increase of 2.48% from CNY 17,903,964,654.33 at the end of the previous year[9] - The total liabilities as of March 31, 2021, were CNY 11,970,234,766.18, compared to CNY 11,547,906,981.43 at the end of 2020[43] - The total equity attributable to shareholders increased slightly to CNY 6,316,437,566.01 from CNY 6,305,380,168.09[43] - The company's cash and cash equivalents amounted to CNY 814.39 million, up from CNY 787.40 million at the end of 2020, reflecting a growth of about 3.3%[40] - The company's cash and cash equivalents decreased to CNY 232,655,151.65 from CNY 285,099,724.74 at the end of 2020[43] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 59,718, indicating a stable shareholder base[12] - The largest shareholder, Linyi Kingenta Investment Holding Co., Ltd., held 34.00% of the shares, indicating significant ownership concentration[12] Operational Metrics - The weighted average return on net assets was 0.61%, up from 0.25% in the same period last year, reflecting improved profitability[9] - The total operating costs for Q1 2021 amounted to CNY 2,763,035,856.64, up from CNY 2,552,210,390.29 in the previous period[49] - The operating profit for the first quarter was CNY 72,081,279.33, an increase from CNY 49,370,675.51 in the previous year[50] Research and Development - Research and development expenses decreased by 47.17% compared to the same period last year, mainly due to reduced R&D investment[20] - The company reported a decrease in research and development expenses to CNY 20,616,579.61 from CNY 39,020,735.81 in the previous period[49] - The research and development expenses amounted to CNY 14,229,370.75, down from CNY 26,195,303.62 in the previous year, showing a decrease of about 45.7%[53] Financial Challenges - The company is currently facing challenges due to the pledge and freeze of shares by its controlling shareholder, which is undergoing bankruptcy restructuring[26] - The company has a non-operating fund occupation by related parties totaling CNY 1.47 billion, which is 40.01% of the latest audited net assets[33] - The company has implemented measures to strengthen internal controls and governance to prevent any form of related party fund occupation[33] Other Information - The company did not report any significant new product launches or technological advancements during this quarter[64] - The first quarter report was not audited, which may affect the reliability of the financial data presented[64]