汉缆股份(002498) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,157,630,985.84, representing a 21.75% increase compared to ¥950,826,350.12 in the same period last year[7]. - The net profit attributable to shareholders of the listed company was ¥115,485,164.38, a 35.68% increase from ¥85,116,929.93 year-on-year[7]. - The net cash flow from operating activities reached ¥162,851,056.82, showing a significant increase of 1,323.13% compared to ¥11,443,191.54 in the previous year[7]. - The basic earnings per share remained at ¥0.03, unchanged from the same period last year[7]. - Net profit attributable to shareholders increased by 35.68% to ¥115,485,164.38 compared to ¥85,116,929.93 in the previous period[25]. - Net profit excluding non-recurring gains and losses rose by 31.64% to ¥109,909,390.96 from ¥83,490,589.62 in the prior period[25]. - Cash flow from operating activities surged by 1323.13% to ¥162,851,056.82, significantly higher than ¥11,443,191.54 in the last period[25]. - The company's total comprehensive income for the current period was ¥86,136,772.70, compared to a loss of ¥37,944,700.80 in the previous period[75]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,753,529,463.95, up 3.20% from ¥7,512,857,007.87 at the end of the previous year[7]. - The total liabilities decreased to ¥1,803,373,046.24 from ¥1,857,524,000.38, showing a reduction of about 2.92%[61]. - The total current assets reached ¥5,691,771,792.75, slightly up from ¥5,649,298,174.46 at the end of 2020, indicating a marginal increase of about 0.75%[58]. - The company's inventory increased to ¥1,570,143,957.50 from ¥1,240,838,406.93, reflecting a significant rise of approximately 26.67%[58]. - The accounts receivable decreased by 32.99% to ¥178,603,807.10 from ¥266,550,229.37 year-over-year[25]. - The total equity attributable to shareholders rose to ¥5,819,902,461.07 from ¥5,637,562,935.02, marking an increase of approximately 3.23%[62]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 144,254[14]. - The largest shareholder, Qingdao Hanhe Group Co., Ltd., held 66.56% of the shares, totaling 2,214,408,016 shares[14]. Research and Development - Research and development expenses increased by 48.86% to ¥72,340,961.46 from ¥48,596,355.63 in the previous period[27]. - Research and development expenses for Q1 2021 were CNY 72,340,961.46, up from CNY 48,596,355.63, representing a year-on-year increase of approximately 48.8%[68]. Government Subsidies and Other Income - The company reported a government subsidy of ¥4,071,543.63 during the reporting period[8]. - The company received government subsidies, leading to a 92.56% increase in other income to ¥4,071,543.63 from ¥2,114,460.27 in the previous period[27]. Performance Commitments - The company has committed to ensuring that its operations remain independent from its controlling entities in terms of personnel, assets, finance, and business operations[39]. - The company has established a performance commitment period from 2020 to 2022, with specific net profit targets for each year[41]. - The company reported a net profit commitment period where the actual net profit did not meet the promised net profit for the year, leading to a compensation agreement[43]. Risk Management and Investments - The company has established a risk control system for its futures business, focusing on market, liquidity, credit, operational, and legal risks[47]. - The company engaged in derivative investments, specifically in copper and aluminum futures, with a total investment amount of CNY 14,185,840, resulting in a profit from positions during the reporting period[47]. - The company's investment in securities and derivatives is primarily funded by its own capital[47]. Cash Flow and Financial Management - The net cash flow from investment activities was ¥137,777,459.70, a significant recovery from a negative cash flow of ¥1,783,507.75 in the prior year[82]. - The net increase in cash and cash equivalents for the quarter was ¥218,508,689.42, compared to an increase of ¥45,296,591.12 in the same quarter last year[82]. - The company received cash from other financing activities amounting to ¥14,012,880.00, up from ¥6,033,160.00 in the previous year[82]. - The financial expenses showed a net income of -¥2,937,547.22, compared to -¥600,135.39 in the previous period, indicating improved financial management[71]. Compliance and Audit - The company did not undergo an audit for the first quarter report[83]. - There were no violations regarding external guarantees during the reporting period[52].