万润股份(002643) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥786,705,532.83, representing a 17.69% increase compared to ¥668,429,465.82 in the same period last year[8]. - The net profit attributable to shareholders was ¥131,761,345.92, up 6.08% from ¥124,215,181.15 year-on-year[8]. - The net cash flow from operating activities increased by 68.00%, reaching ¥382,456,036.83 compared to ¥227,647,905.83 in the previous year[8]. - The company's net profit attributable to shareholders reached CNY 1,921,876,061.56, up from CNY 1,790,114,715.64, indicating an increase of about 7.3%[51]. - The total comprehensive income attributable to the parent company was ¥137,076,859.64, compared to ¥127,066,529.48 in the previous period, reflecting a growth of 7.9%[64]. - Net profit for Q1 2021 reached CNY 148,619,413.64, representing a growth of 10.4% from CNY 134,606,487.77 in Q1 2020[59]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,109,339,919.74, a 6.64% increase from ¥6,666,885,036.28 at the end of the previous year[8]. - The company's cash and cash equivalents at the end of the period amounted to CNY 1,023,478,185.73, an increase of 84.41% compared to the end of the previous year[23]. - The total current liabilities increased to CNY 1,279,965,463.96 from CNY 1,022,327,721.31, which is an increase of approximately 25.1%[49]. - The company's non-current liabilities due within one year increased by 35.07% to CNY 3,164,518.08, mainly due to accrued interest on long-term borrowings[24]. - Total liabilities amounted to CNY 1,195,753,773.94, a decrease of CNY 12,231,897.36 from the previous period[82]. Shareholder Information - The top shareholder, China Energy Conservation and Environmental Protection Group, holds 26.73% of the shares, totaling 242,972,343 shares[13]. - The total number of ordinary shareholders at the end of the reporting period was 25,594[13]. - The net assets attributable to shareholders amounted to ¥5,300,565,608.19, reflecting a 2.66% increase from ¥5,163,240,706.58[8]. - Total equity attributable to shareholders increased to CNY 5,300,565,608.19 from CNY 5,163,240,706.58, representing a growth of approximately 2.7%[51]. Cash Flow and Investments - The company's cash and cash equivalents increased to CNY 1,023,478,185.73 from CNY 554,997,235.96, marking an increase of approximately 84.3%[45]. - The cash inflow from investment activities amounted to CNY 207,624,073.85, significantly higher than CNY 45,104,108.00 in the previous year[73]. - The cash outflow from investment activities was CNY 130,183,781.38, compared to CNY 113,571,464.80 in the same period last year[75]. - Cash paid for the acquisition of fixed assets and other long-term assets was CNY 151,886,145.09, up 121.70% year-on-year, as project construction resumed[31]. Operational Metrics - The company's accounts receivable increased by 124.69% to CNY 31,145,227.38, primarily due to outstanding bank acceptance bills[23]. - The company's contract liabilities rose by 377.90% to CNY 167,734,991.54, reflecting an increase in customer prepayments[24]. - Total operating costs for Q1 2021 were CNY 612,543,170.34, up from CNY 509,716,467.59, reflecting a year-over-year increase of 20.2%[57]. - The company reported a gross profit margin of approximately 22.1% for Q1 2021, compared to 22.5% in the same quarter last year[57]. Research and Development - Research and development expenses for Q1 2021 were CNY 40,775,891.11, down from CNY 50,408,060.79, indicating a decrease of 19.3%[57]. - Research and development expenses decreased to ¥19,923,001.48, a reduction of 42.7% compared to ¥34,866,101.91 in the previous period[62]. Other Income and Expenses - The company reported a government subsidy of ¥3,336,526.61, which is closely related to its business operations[8]. - The company's other income decreased by 48.92% to CNY 2,052,185.08, primarily due to a reduction in government subsidies[26]. - The financial expenses for the period were CNY 4,007,781.25, a significant increase from a negative CNY 2,262,773.87 in the same period last year, due to increased interest expenses[25]. - The company recorded a tax expense of ¥17,925,732.23, down from ¥19,580,497.24 in the previous period, indicating a decrease of 8.4%[66]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[59].