长青集团(002616) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥627,844,089.67, representing a 25.42% increase compared to ¥500,607,928.99 in the same period last year[7] - The net profit attributable to shareholders decreased by 7.63% to ¥48,680,943.61 from ¥52,703,433.35 year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 13.73% to ¥44,411,023.49 compared to ¥51,481,675.37 in the previous year[7] - The company reported a total comprehensive income of CNY 53,984,455.42, compared to CNY 52,187,962.95 in the previous period[56] - The net profit for the first quarter reached CNY 30,176,092.91, a significant recovery from a net loss of CNY 2,564,751.06 in the previous year[58] - The company reported a total comprehensive income of CNY 30,176,092.91, recovering from a loss of CNY 2,564,751.06 in the same period last year[59] Cash Flow - The net cash flow from operating activities improved significantly, reaching ¥8,471,056.55, a 107.98% increase from a negative cash flow of ¥106,149,624.32 in the same period last year[7] - Cash inflows from operating activities totaled CNY 623,926,759.92, an increase from CNY 487,884,234.55 in the prior year[62] - The net cash flow from operating activities was CNY 8,471,056.55, recovering from a negative cash flow of CNY -106,149,624.32 in the same quarter last year[62] - Cash outflows for investing activities amounted to CNY 469,841,136.39, compared to CNY 423,509,529.72 in the previous year[62] - The net cash flow from investing activities was CNY -459,334,683.07, worsening from CNY -423,504,127.70 in the prior year[62] - Cash inflows from financing activities were CNY 444,659,122.49, down from CNY 1,356,537,397.90 in the previous year[63] - The net cash flow from financing activities was CNY 287,694,985.21, a decrease from CNY 634,559,626.24 in the same quarter last year[63] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,052,794,850.51, down 2.95% from ¥9,328,133,393.72 at the end of the previous year[7] - The total liabilities decreased to ¥6,245,896,159.39 from ¥6,575,225,935.96, indicating a reduction of about 5%[47] - The company's total assets amounted to ¥9,052,794,850.51, a decrease from ¥9,328,133,393.72 at the end of 2020[45][48] - The company's cash and cash equivalents decreased to ¥318,431,209.04 from ¥479,949,850.35 at the end of 2020, representing a decline of approximately 33.6%[45] - The company's inventory decreased to ¥163,048,141.19 from ¥382,000,539.68, a decline of approximately 57.3%[45] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 21,460, with the top ten shareholders holding significant stakes[10] - The company did not engage in any repurchase transactions during the reporting period[11] - The company reported a total of ¥2,802,184,186.76 in equity attributable to shareholders as of March 31, 2021, compared to ¥2,748,183,074.13 at the end of 2020, reflecting an increase of approximately 2%[48] Investments and Financing - The company issued convertible bonds totaling 800 million yuan, with a net amount of 786.89 million yuan after deducting issuance costs[33] - The company completed the transfer of 100% equity of five subsidiaries related to gas appliance manufacturing for a total transaction price of 277.75 million yuan[26] - The company invested ¥9,224,033.82 in fundraising projects during the first quarter of 2021[36] Operational Changes - Operating costs increased by 36.69% compared to the previous period, mainly due to rising raw material (fuel) prices[18] - Research and development expenses decreased by 47.01% compared to the previous period, primarily due to the reduction in subsidiaries after asset sales[18] - The company reported a 300.35% increase in credit impairment losses compared to the previous period, due to increased provisions for bad debts[20] Accounting and Standards - The company did not undergo an audit for the first quarter report[68] - The company has not applied the new leasing standards for the first quarter of 2021[67]