闽发铝业(002578) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 276,063,083.86, representing a 40.30% increase compared to CNY 196,764,604.67 in the same period last year[7] - Net profit attributable to shareholders was CNY 10,408,609.88, a significant increase of 135.69% from CNY 4,416,143.61 year-on-year[7] - The net profit after deducting non-recurring gains and losses was CNY 7,401,463.55, up 106.07% from CNY 3,591,806.62 in the previous year[7] - The basic earnings per share increased to CNY 0.0111, reflecting a growth of 146.67% compared to CNY 0.0045 in the same quarter last year[7] - Net profit for the first quarter was ¥10,316,148.74, reflecting a 136.37% increase from ¥4,364,485.59 year-on-year[16] - Operating profit surged to ¥12,397,416.78, up 137.60% from ¥5,217,752.05, driven by increased sales volume and higher investment income[16] - The total comprehensive income for the period was ¥12,271,594.99, significantly higher than ¥4,202,560.59 in the previous year[41] - The net profit for the first quarter of 2021 was CNY 10,947,969.04, an increase of 139.5% compared to CNY 4,575,938.80 in the same period last year[44] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,763,623,158.24, a decrease of 2.80% from CNY 1,814,493,992.99 at the end of the previous year[7] - The net assets attributable to shareholders increased to CNY 1,448,972,928.09, marking a 0.86% rise from CNY 1,436,608,871.96 at the end of the last year[7] - The company's total assets decreased by 54.35% in trading financial assets, dropping from ¥105,209,677.78 to ¥48,032,136.99, mainly due to the recovery of maturing bank wealth management products[15] - Total liabilities decreased to CNY 313,602,311.95 from CNY 376,744,741.69, a reduction of approximately 16.7%[32] - Current liabilities totaled CNY 302,382,516.67, down from CNY 365,080,253.01, indicating a decrease of about 17.2%[32] - Total liabilities decreased to ¥312,683,689.70 from ¥376,000,091.52, indicating a reduction of approximately 17%[39] Cash Flow - The net cash flow from operating activities was negative at CNY -28,546,852.27, a decline of 477.33% compared to CNY 7,565,561.66 in the same period last year[7] - The company reported a significant decrease in cash flow from operating activities, with a net outflow of ¥28,546,852.27 compared to an inflow of ¥7,565,561.66 in the previous period, primarily due to increased payments for aluminum alloy rod purchases[16] - The cash flow from investment activities generated a net inflow of CNY 18,144,753.67, a recovery from a net outflow of CNY -44,637,960.34 in the previous year[48] - Cash inflow from financing activities totaled 32,000,000.00 CNY, while cash outflow was 33,128,556.94 CNY, resulting in a net cash flow of -1,128,556.94 CNY[52] Shareholder Information - The top shareholder, Shangrao City Urban Construction Investment Development Group Co., Ltd., holds 29.99% of the shares, totaling 296,329,179 shares[11] - The total number of ordinary shareholders at the end of the reporting period was 50,348[11] Government Subsidies - The company received government subsidies amounting to CNY 2,861,012.01 during the reporting period[8] - The company reported a 410.40% increase in other income, rising from ¥560,539.51 to ¥2,861,012.01, mainly due to increased government subsidies[16] Research and Development - Research and development expenses for the quarter were ¥5,013,377.45, compared to ¥3,918,662.10 in the previous year, marking a rise of approximately 28%[39] Other Financial Metrics - The company incurred operating expenses of CNY 398,958,835.06, compared to CNY 286,304,957.68 in the previous year, representing an increase of 39.3%[48] - The company reported a tax expense of CNY 1,768,900.12, which is an increase from CNY 838,833.67 in the previous year[44] - The company experienced a 55.79% decrease in receivables financing, down from ¥11,501,597.78 to ¥5,085,000.00, primarily due to the endorsement of bank acceptance bills for payment[15]