扬子新材(002652) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥261,140,019.56, a decrease of 36.42% compared to ¥410,757,759.55 in the same period last year[7] - Net profit attributable to shareholders was ¥3,235,669.34, representing a significant increase of 128.25% from a loss of ¥11,453,666.18 in the previous year[7] - The company’s basic earnings per share improved to ¥0.0063, compared to a loss of ¥0.0224 in the same period last year, reflecting a 128.13% increase[7] - The company achieved an operating profit of CNY 3,248,956.59 in Q1 2021, a turnaround from an operating loss of CNY 23,380,741.23 in the previous year[41] - The comprehensive income for Q1 2021 was CNY 3,235,669.34, compared to a comprehensive loss of CNY 113,456,048.99 in Q1 2020[42] - Total comprehensive income for the first quarter was CNY 3,454,644.74, a decrease of CNY 9,543,474.71 compared to the previous period[46] Cash Flow - The net cash flow from operating activities reached ¥83,158,670.36, a remarkable increase of 413.89% compared to a negative cash flow of ¥26,492,517.02 in Q1 2020[7] - Cash inflow from operating activities totaled CNY 316,380,442.17, down from CNY 532,149,920.19 in the previous period, representing a decrease of approximately 40.5%[49] - Cash and cash equivalents at the end of the period increased to CNY 150,083,348.28, up from CNY 71,666,437.19 at the end of the previous period[50] - The company reported a net cash flow from financing activities of CNY 8,103,723.72, compared to CNY 46,922,656.70 in the previous period[50] - The company recorded a cash inflow from investment activities of CNY 9,795,000.00, with a net cash outflow of CNY 10,431,545.45 from investment activities[53] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,117,086,852.98, reflecting an increase of 8.92% from ¥1,025,580,376.36 at the end of the previous year[7] - The total liabilities of the company were CNY 793,467,822.73, compared to CNY 704,883,693.86, marking an increase of approximately 12.56%[32] - The company's equity attributable to shareholders was CNY 323,619,030.25, slightly up from CNY 320,696,682.50, indicating a growth of about 0.99%[33] - The total current assets reached CNY 916,780,575.54, up from CNY 823,751,124.45, indicating an increase of about 11.31%[30] - Cash and cash equivalents increased to CNY 266,656,658.47 from CNY 185,745,076.39, reflecting a growth of approximately 43.49%[30] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,012, with the top ten shareholders holding a combined 80.73% of the shares[10] - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[11] - The company did not report any non-operating fund occupation by controlling shareholders during the reporting period[25] - There were no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[19] Strategic Activities - The company is planning a major asset restructuring involving the acquisition of 33.73% of Minsheng Technology from its actual controller, Hu Weilin, for cash[16] - The company is also involved in the acquisition of 51% of Binnan Co., indicating a strategy for market expansion[15] - The company has disclosed plans for the sale of equity in a Russian joint venture, reflecting its strategic divestment approach[15] - The company plans to acquire 51% of the shares of Binan Ecological Environment Group Co., Ltd. for a total amount not exceeding RMB 167.41 million[18] - The acquisition will be funded using the company's own funds, and the completion of the transaction is expected to enhance the company's market position[18] Operational Efficiency - The company reported a gross profit margin of approximately 0.1% for Q1 2021, compared to a negative margin in the previous year[41] - Research and development expenses decreased to CNY 802,685.13 in Q1 2021 from CNY 9,040,410.04 in Q1 2020, reflecting a reduction of 91.1%[40] - Total operating costs for Q1 2021 were CNY 260,875,482.48, down 39.8% from CNY 433,798,523.10 in Q1 2020[40] Compliance and Governance - The company has not engaged in any entrusted financial management during the reporting period[22] - There are no violations regarding external guarantees during the reporting period[24] - The company has not provided any warnings regarding significant changes in net profit for the first half of 2021 compared to the previous year[23] - The company has not undergone an audit for the first quarter report[55]