齐峰新材(002521) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥882,131,914.03, representing a 72.98% increase compared to ¥509,965,955.07 in the same period last year[8]. - Net profit attributable to shareholders reached ¥90,068,019.32, a significant increase of 536.77% from ¥14,144,505.73 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥83,994,993.28, up 2,500.53% from ¥3,229,915.29 in the previous year[8]. - Basic earnings per share increased to ¥0.18, a 500.00% rise compared to ¥0.03 in the same period last year[8]. - Operating revenue rose by 72.98% to ¥882,131,914.03 compared to ¥509,965,955.07, driven by significant growth in product sales and price increases[16]. - Net profit surged by 513.05% to ¥90,313,210.55 from ¥14,731,826.90, attributed to increased production, sales, and market demand[16]. - The total profit for Q1 2021 was CNY 109,634,659.21, significantly higher than CNY 19,162,261.75 in the previous year[41]. - The company reported a total comprehensive income of CNY 90,313,210.55 for Q1 2021, compared to CNY 14,731,826.90 in the same period last year[41]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥5,001,950,452.40, reflecting a 5.64% increase from ¥4,734,832,465.66 at the end of the previous year[8]. - The total assets of the company reached ¥5,001,950,452.40, up from ¥4,734,832,465.66, indicating overall growth in asset base[30]. - The total liabilities increased to ¥1,439,677,213.96 from ¥1,262,872,437.77, reflecting a rise in financial obligations[33]. - The total current liabilities reached ¥1,426,055,521.57, an increase from ¥1,248,571,497.88, suggesting a growing short-term financial commitment[33]. - The company reported a significant increase in contract liabilities, which rose by 57.11% to ¥73,679,352.50 from ¥46,895,430.40, reflecting higher advance payments received[16]. Cash Flow - The net cash flow from operating activities was ¥113,447,971.64, down 69.14% from ¥367,668,083.49 in the same period last year[8]. - The company's cash flow from operating activities decreased by 69.14% to ¥113,447,971.64 from ¥367,668,083.49, influenced by the timing of procurement payments[16]. - The company’s cash flow from operating activities included CNY 790,398,536.85 from sales, up from CNY 595,539,777.23 in the previous period[47]. - Net cash flow from operating activities decreased to CNY 113.45 million in Q1 2021 from CNY 367.67 million in Q1 2020, a decline of 69.2%[48]. - Cash inflow from investment activities totaled CNY 733.98 million, compared to CNY 347.02 million in the previous year, an increase of 111.1%[48]. - Cash inflow from financing activities was CNY 240 million, up from CNY 180 million in Q1 2020, an increase of 33.3%[49]. - The ending balance of cash and cash equivalents increased to CNY 611.71 million in Q1 2021 from CNY 477.93 million in Q1 2020, a rise of 28.0%[49]. Research and Development - Research and development expenses increased by 79.01% to ¥28,505,633.93 from ¥15,923,775.42, reflecting the company's focus on product characteristics and new product development cycles[16]. - Research and development expenses increased to ¥28,505,633.93, compared to ¥15,923,775.42 in the previous period, indicating a focus on innovation[39]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,709[12]. - The net assets attributable to shareholders were ¥3,560,519,195.56, which is a 2.60% increase from ¥3,470,451,176.24 at the end of the previous year[8]. - The total equity attributable to shareholders rose to ¥3,560,519,195.56, compared to ¥3,470,451,176.24 in the previous period[33]. Future Outlook - The company anticipates a net profit for the year to be between ¥14,182.34 million and ¥21,273.51 million, representing a growth of 200.00% to 350.00% compared to the previous year[21]. - The company is focusing on market expansion and new product development as part of its strategic initiatives[39]. Compliance and Investment Strategy - The company has no overdue commitments or guarantees during the reporting period, indicating strong compliance with financial obligations[18]. - The company has not engaged in any securities or derivative investments during the reporting period, maintaining a conservative investment strategy[19][20].