鸿路钢构(002541) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥3,287,599,046.76, representing a 138.69% increase compared to ¥1,377,376,558.01 in the same period last year[8] - The net profit attributable to shareholders was ¥182,215,738.20, a significant increase of 338.70% from ¥41,535,265.09 in the previous year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥126,902,259.87, up 379.56% from ¥26,462,011.25 year-on-year[8] - The basic earnings per share for the period was ¥0.3479, which is a 338.71% increase from ¥0.0793 in the same period last year[8] - Operating profit for the quarter was CNY 242,385,844.63, compared to CNY 55,966,630.99 in Q1 2020, indicating an increase of about 333.5%[51] - The company reported a total profit of CNY 246,574,862.64 for the quarter, compared to CNY 56,547,635.87 in Q1 2020, indicating an increase of approximately 335.5%[51] - The net profit for Q1 2021 was CNY 182,215,738.20, up from CNY 41,535,265.09 in the previous year, reflecting a growth of approximately 338.5%[51] Assets and Liabilities - The total assets at the end of the reporting period were ¥16,782,607,254.75, reflecting a 3.55% increase from ¥16,207,311,756.83 at the end of the previous year[8] - The net assets attributable to shareholders at the end of the reporting period were ¥6,160,192,914.12, an increase of 3.05% from ¥5,977,977,175.92 at the end of the previous year[8] - Total assets increased to CNY 16.78 billion, up from CNY 16.21 billion year-over-year, representing a growth of approximately 3.5%[44] - Non-current liabilities rose to CNY 3.07 billion, compared to CNY 2.70 billion in the previous period, marking an increase of about 13.5%[43] - The company's total liabilities reached CNY 10.62 billion, up from CNY 10.23 billion, reflecting a growth of around 3.9%[43] - The total equity of the company reached CNY 4,050,884,485.64, slightly up from CNY 4,039,199,471.62, indicating a marginal increase of about 0.02%[49] Cash Flow - The net cash flow from operating activities was negative at -¥287,660,032.16, a decrease of 1,978.68% compared to a positive cash flow of ¥15,311,814.87 in the same period last year[8] - The net cash flow from operating activities was negative CNY 287,660,032.16, compared to a positive CNY 15,311,814.87 in the same period last year[58] - The company incurred a total operating cash outflow of CNY 4,641,228,686.87, compared to CNY 2,435,398,176.69 in the previous year[57] - Cash inflow from financing activities was $457,000,000.00, slightly up from $443,000,000.08, showing stable financing operations[62] - The net cash flow from financing activities improved to $137,688,401.30 from -$93,086,933.46, indicating a positive shift in financing strategy[62] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,314[13] - The largest shareholder, Shang Xiaobo, holds 37.46% of the shares, with a total of 196,205,972 shares[13] Research and Development - Research and development expenses surged by 308.03%, totaling RMB 103,474,119.80, reflecting the company's increased investment in innovation[17] - Research and development expenses increased to CNY 103,474,119.80 from CNY 25,359,140.71, marking a rise of about 307.5% year-over-year[50] Government Subsidies - The company received government subsidies amounting to ¥69,945,370.51 during the reporting period[8] - The company recorded a significant increase in other income, which rose by 264.52% to RMB 68,945,370.51, mainly due to increased subsidies recognized[17] Inventory and Accounts Receivable - The total amount of accounts receivable decreased by 71.41% to RMB 6,400,000.00, primarily due to reduced commercial acceptance bill settlements[17] - The company's accounts receivable as of March 31, 2021, totaled CNY 1.49 billion, down from CNY 1.55 billion at the end of 2020[40] - Inventory increased to CNY 6.49 billion as of March 31, 2021, compared to CNY 5.74 billion at the end of 2020[40] Contracts and Projects - The total contract amount for the steel structure industrialization project is CNY 498.60 million, with a progress rate of 81.28% and recognized sales revenue of CNY 370.34 million[30] - The total contract amount for the second phase of the housing project is CNY 325.03 million, with a progress rate of 56.6% and recognized sales revenue of CNY 168.48 million[30] - The total contract amount for the new campus construction project is CNY 170.00 million, with a progress rate of 58.2% and recognized sales revenue of CNY 90.29 million[30] - The total contract amount for the EPC general contracting project is CNY 456.57 million, with a progress rate of 63% and recognized sales revenue of CNY 263.70 million[30] - The total contract amount for the steel structure procurement framework contract is CNY 1.17 billion, with a progress rate of 71.81% and recognized sales revenue of CNY 743.52 million[30] Audit and Compliance - The company reported no irregular external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[32][33][34] - The company did not conduct an audit for the first quarter report, which may affect the reliability of the financial data presented[63]