圣阳股份(002580) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was CNY 388,316,859.38, representing a 49.65% increase compared to CNY 259,476,473.71 in the same period last year[7] - Net profit attributable to shareholders was CNY 6,870,946.02, a significant increase of 114.87% from CNY 3,197,771.48 year-on-year[7] - The total comprehensive income for the period reached CNY 6,941,508.89, compared to CNY 3,702,987.61 in the previous period, reflecting a significant increase[45] - Operating revenue for the current period was CNY 383,832,837.73, up from CNY 250,586,952.24 in the previous period, indicating a growth of approximately 53%[47] - The net profit for the current period was CNY 6,106,027.77, compared to CNY 1,702,736.53 in the previous period, representing an increase of about 259%[48] Cash Flow - The net cash flow from operating activities was negative at CNY -108,579,259.20, worsening by 52.47% from CNY -71,211,649.01 in the same period last year[7] - The cash flow from operating activities showed a net outflow of CNY -108,579,259.20, worsening from CNY -71,211,649.01 in the previous period[52] - Total cash inflow from operating activities was 404,481,205.69 CNY, up from 297,381,630.28 CNY, reflecting a growth of approximately 36%[54] - Cash outflow from operating activities increased to 510,048,650.11 CNY from 372,223,415.83 CNY, representing a rise of about 37%[54] - The net cash flow from investing activities was -4,189,524.29 CNY, an improvement from -5,053,904.55 CNY in the previous period[56] - The net cash flow from financing activities was -44,730,430.87 CNY, compared to a positive 20,342,388.90 CNY in the previous period, showing a shift in financing strategy[56] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,323,256,631.07, down 3.73% from CNY 2,413,278,976.20 at the end of the previous year[7] - Current assets decreased from CNY 1,857,978,680.38 to CNY 1,779,712,561.89, a reduction of approximately 4.2%[34] - Total liabilities decreased from CNY 683,512,964.00 to CNY 586,549,109.98, a reduction of approximately 14.2%[36] - Non-current liabilities decreased from CNY 162,501,775.35 to CNY 143,108,655.72, a decrease of about 12%[36] - The company's total assets decreased to ¥2,309,203,246.51 from ¥2,395,328,651.28, showing a decline of about 3.6%[40] Inventory and Receivables - The company reported a significant increase in inventory, which rose by 33.48% to CNY 34,675.60 from CNY 25,978.15[16] - The accounts receivable decreased by 33.26% to CNY 7,239.33 from CNY 10,847.16, indicating improved collection efficiency[16] - Inventory increased from CNY 259,781,501.69 to CNY 346,755,961.99, an increase of about 33.5%[34] - Accounts receivable decreased from CNY 609,664,658.29 to CNY 594,760,353.48, a decrease of approximately 2.4%[34] Expenses - Operating costs rose to 33,671.83 million, reflecting a 62.18% increase[17] - R&D expenses increased to 1,186.10 million, a 44.25% rise due to higher product development investments[17] - Cash paid to employees increased to 6,130.61 million, a 112.65% rise due to annual employee compensation rewards[19] - Tax payments rose to 4,593.51 million, a 41.29% increase due to higher consumption and value-added taxes[19] - The company reported a significant increase in research and development expenses, which rose to ¥11,860,989.91 from ¥8,222,449.03, an increase of approximately 44.5%[43] Investment and Financing - The company received government subsidies amounting to CNY 2,663,298.72 during the reporting period[8] - Total raised funds amount to CNY 48,550.68 million, with CNY 16,088.78 million invested in the current quarter, representing 33.24% of the total commitment[25] - As of the end of the reporting period, the unused balance of raised funds is CNY 32,547.88 million, including bank deposit interest after deducting bank handling fees of CNY 1.36 million[25] - The company received 90,000,000.00 CNY in cash from borrowings during the financing activities[56] - The cash outflow for repaying debts was 42,500,000.00 CNY, down from 66,500,000.00 CNY in the previous period, indicating a reduction in debt repayment[56] Risk Management - The company has established effective risk control measures for its derivative investments, enhancing its ability to manage raw material price fluctuations[24] - The company reported no significant changes in the feasibility of investment projects during the reporting period[25] - There were no major contracts or entrusted financial management activities during the reporting period[26][29]