雅化集团(002497) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥857,391,783.84, representing an increase of 87.31% compared to ¥457,737,400.07 in the same period last year[7]. - The net profit attributable to shareholders was ¥78,012,083.14, a significant increase of 1,211.58% from ¥5,947,969.23 year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥72,424,090.34, up 3,920.84% from ¥1,801,217.28 in the previous year[7]. - The basic earnings per share for the period was ¥0.0686, an increase of 1,006.45% compared to ¥0.0062 in the same period last year[7]. - The company reported a net profit increase driven by higher revenue and controlled costs, although specific profit figures were not disclosed in the provided data[64]. - The company’s net profit for Q1 2021 reached ¥82,691,033, a significant increase from ¥4,797,046 in the same period last year, representing a growth of approximately 1,627%[65]. - Total revenue for the first quarter of 2021 reached ¥857,391,783.84, a significant increase from ¥457,737,400.07 in the same period last year, representing an increase of approximately 87.5%[63]. - Total operating costs for the first quarter of 2021 were ¥754,539,932.32, compared to ¥444,176,690.15 in the previous year, indicating an increase of about 69.8%[64]. - The company’s total profit for the quarter was ¥108,966,879, compared to ¥20,417,440 in Q1 2020, representing an increase of about 434%[65]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,216,701,289.69, reflecting a growth of 3.74% from ¥6,956,561,273.02 at the end of the previous year[7]. - The company's total assets increased to ¥7.22 billion as of March 31, 2021, compared to ¥6.96 billion at the end of 2020, reflecting a growth of about 3.8%[58]. - The total liabilities decreased to ¥1.47 billion as of March 31, 2021, from ¥1.51 billion at the end of 2020, a reduction of about 2.7%[59]. - The company's total liabilities decreased to ¥1,315,608,242.46 from ¥1,514,440,231.62, a reduction of about 13.1%[63]. - The equity attributable to the parent company increased to ¥5.43 billion, up from ¥5.13 billion at the end of 2020, marking an increase of approximately 6.0%[60]. - Owner's equity totaled CNY 5,442,442,140.21, with total equity attributable to shareholders at CNY 5,130,754,168.50[78]. Cash Flow - The net cash flow from operating activities was negative at -¥52,503,008.99, a decline of 240.73% compared to a positive cash flow of ¥37,307,359.40 in the same period last year[7]. - The net cash flow from operating activities decreased by CNY 899.10 million, a decline of 240.73% year-on-year, mainly due to the expansion of business scale and increased material procurement[22]. - Cash flow from operating activities was ¥493,813,824, an increase from ¥398,518,727 in the same quarter last year, showing a growth of about 24%[70]. - The net cash flow from investment activities was -1,225,344,778.79 CNY, contrasting with a positive flow of 101,556,539.33 CNY in the prior period[72]. - Cash outflow from investment activities reached 1,761,793,983.05 CNY, significantly higher than 353,792,272.86 CNY in the previous period[72]. Investments and Acquisitions - The company raised a total of 1.5 billion RMB from a non-public offering of shares, with 107,066,381 shares issued[28]. - The funds from the non-public offering will be used for the construction of a new project with an annual production capacity of 50,000 tons of battery-grade lithium hydroxide and 11,000 tons of lithium chloride[29]. - The company plans to acquire 75% of Changchun Jiyang Industrial Group Co., Ltd. for 82.5 million RMB to enhance its civil explosives business, particularly in detonator production[29]. - The company has completed the acquisition of 75% equity in Changchun Jiyang Industrial Group, enhancing its market position[36]. - The company’s investment income increased by CNY 1.77 million, a growth of 41.14%, attributed to improved performance of associated companies[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 125,387[13]. - The company’s convertible bonds were listed on the Shenzhen Stock Exchange and subsequently redeemed, ceasing trading on March 11, 2021[25]. - The company’s non-public offering was approved after addressing feedback from the regulatory body, demonstrating compliance with the necessary conditions[28]. - The company has successfully implemented a share buyback program, although specific details on the progress were not disclosed[35]. Future Outlook - The company expects a net profit attributable to shareholders of approximately RMB 23,673.23 million for the year, representing an increase of 80.00% compared to the previous year[46]. - Basic earnings per share are projected to be RMB 0.2068, reflecting a growth of 50.71% year-on-year[46]. - The lithium business has seen significant profit growth due to rising prices of lithium salt products and increased sales volume[46]. - The company is actively expanding its lithium production capacity, targeting an annual output of 20,000 tons of battery-grade lithium hydroxide[45]. - The company has indicated a positive outlook for its business segments, driven by effective pandemic control and domestic economic recovery[46].