广东宏大(002683) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,487,218,431.77, representing a 64.52% increase compared to ¥903,966,466.92 in the same period last year[9]. - Net profit attributable to shareholders was ¥73,812,302.07, up 107.20% from ¥35,624,284.62 year-on-year[9]. - The net profit after deducting non-recurring gains and losses was ¥62,351,483.33, reflecting a 77.96% increase from ¥35,036,333.55 in the previous year[9]. - The basic earnings per share increased to ¥0.0989, a rise of 96.23% compared to ¥0.0504 in the same period last year[9]. - The gross profit margin improved significantly, with operating profit rising by 103.64% to ¥104,085,119.99[24]. - The company reported a significant increase in other receivables, which rose to ¥2,879,856,694.36 from ¥2,102,803,634.86, representing a growth of about 37.0%[57]. - The net profit for the current period is 90,239,611.49, compared to 44,352,754.72 in the previous period, representing an increase of approximately 103.5%[72]. - The total profit for the current period is 105,257,254.89, compared to 50,257,400.06 in the previous period, indicating an increase of about 109.5%[68]. Assets and Liabilities - The total assets at the end of the reporting period were ¥11,257,623,541.00, an increase of 8.27% from ¥10,397,425,435.41 at the end of the previous year[9]. - The total assets of the company as of March 31, 2021, amounted to ¥8,324,324,218.07, compared to ¥7,311,342,938.82 at the end of 2020, indicating an increase of about 13.8%[63]. - The total liabilities increased to ¥5,359,837,711.70 from ¥4,577,863,801.63, reflecting a rise of approximately 17.1%[56]. - The company's total liabilities and equity reached ¥11,257,623,541.00, compared to ¥10,397,425,435.41, an increase of approximately 8.3%[56]. - The non-current liabilities totaled ¥2,491,663,658.26, up from ¥1,331,362,692.57, indicating a substantial increase of approximately 87.0%[56]. - The company's equity totaled approximately $5.82 billion, remaining stable compared to previous figures[97]. Cash Flow - The net cash flow from operating activities was negative at -¥392,947,057.63, a decline of 210.45% compared to ¥355,782,330.13 in the same period last year[9]. - Cash outflow from operating activities totaled CNY 2,065,349,665.18, compared to CNY 1,311,552,566.85 in the prior period, resulting in a net cash flow from operating activities of -CNY 392,947,057.63[83]. - Cash inflow from financing activities reached CNY 1,855,973,445.92, compared to 717,542,239.59 in the prior period, resulting in a net cash flow from financing activities of CNY 839,581,244.95[86]. - The net increase in cash and cash equivalents for the period was CNY 458,476,262.03, up from CNY 39,644,158.84 in the previous period[86]. - The ending balance of cash and cash equivalents was CNY 3,418,309,327.70, compared to CNY 957,715,743.92 at the end of the previous period[86]. Shareholder Information - The top shareholder, Guangdong Guangye Group Co., Ltd., held 20.37% of the shares, totaling 152,673,329 shares[14]. - The company repurchased and canceled 681,269 shares of restricted stock due to performance assessment failures by certain employees[28]. Government Support and Grants - The company received government subsidies amounting to ¥5,178,210.18 during the reporting period[9]. - The company received government subsidies and research grants, leading to a 130.64% increase in other income[24]. Future Outlook - The company plans to improve cash flow in the second quarter as various business sectors are expected to recover[27]. - The company anticipates further market expansion and product development in the mining service and military sectors[28]. Investment and Projects - The company acquired a 46.1746% stake in Inner Mongolia Jianhua Chemical for ¥646,637,161, increasing its combined production capacity from 330,000 tons to 415,000 tons[28]. - The project for technical transformation of construction equipment has a total investment of CNY 147,139.39 million, with 9.74% of the funds utilized[33]. - The working capital supplement project has a total investment of CNY 29,613.90 million, with 92.39% of the funds utilized[33]. Operational Costs - The company reported a 66.83% increase in operating costs, totaling ¥1,236,203,333.46, due to expanded production scale[24]. - Employee compensation payments increased to CNY 227,140,723.41 from CNY 182,131,214.12 year-over-year[83]. - Tax payments rose to CNY 88,975,715.59 from CNY 58,189,393.38 in the previous period[83]. Research and Development - The research and development expenses for the current period are 43,791,993.83, compared to 34,794,903.46 in the previous period, showing an increase of about 25.8%[68]. Audit and Compliance - The first quarter report was not audited, indicating a potential area for further scrutiny[102].