万里石(002785) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 223,654,755.50, representing an increase of 82.77% compared to CNY 122,368,547.07 in the same period last year[9]. - Net profit attributable to shareholders was CNY 23,980,636.68, a significant increase of 1,139.23% from CNY 1,935,125.28 year-on-year[9]. - The net profit after deducting non-recurring gains and losses reached CNY 23,661,829.65, up 1,910.22% from CNY 1,177,076.76 in the previous year[9]. - The basic earnings per share (EPS) was CNY 0.1199, reflecting a growth of 1,136.08% compared to CNY 0.0097 in the same quarter last year[9]. - The weighted average return on equity (ROE) improved to 3.76%, up from 0.31% in the previous year[9]. - Total operating revenue for the first quarter was CNY 223,654,755.50, a significant increase from CNY 122,368,547.07 in the previous year, representing an increase of approximately 83%[51]. - The company's net profit for the current period is 23,243,643.44, compared to 1,386,826.54 in the previous period, indicating a significant increase[58]. - The total profit for the current period is 23,206,896.32, compared to 3,670,233.31 in the previous period, marking an increase of about 532.5%[58]. - Operating income for the current period is 40,584,559.14, up from 27,722,004.98 in the previous period, reflecting a growth of approximately 46.3%[61]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -31,811,058.08, compared to CNY -2,484,668.14 in the same period last year, indicating a 1,180.29% increase in cash outflow[9]. - Cash flow from operating activities showed a net outflow of CNY 31,811,058.08, a significant decline of 1,180.29% compared to an outflow of CNY 2,484,668.14 in Q1 2020, mainly due to increased cash payments for goods and services[22]. - The company's cash and cash equivalents decreased by 40.16% to CNY 57,972,653.13 from CNY 96,879,107.50, primarily due to reduced net cash flow from operating activities[19]. - The net increase in cash and cash equivalents for the current period was CNY -37,115,196.88, compared to CNY -8,269,164.56 in the previous period[72]. - Cash inflow from financing activities was CNY 53,290,230.39, slightly down from CNY 54,500,000.00, while cash outflow was CNY 58,605,714.97, leading to a net cash flow from financing activities of CNY -5,315,484.58[71]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,279,825,509.76, a decrease of 2.65% from CNY 1,314,679,809.87 at the end of the previous year[9]. - The total assets as of March 31, 2021, amounted to CNY 1,279,825,509.76, a decrease from CNY 1,314,679,809.87 at the end of 2020[38]. - The total liabilities decreased from CNY 388,066,147.14 to CNY 351,990,456.89, indicating a reduction of about 9.2%[51]. - The total equity attributable to shareholders increased from CNY 459,839,822.33 to CNY 482,755,178.43, reflecting a growth of approximately 4.9%[51]. - The company's non-current liabilities totaled CNY 7,197,804.44, slightly down from CNY 7,559,000.00[51]. Operational Costs - Operating costs for Q1 2021 were CNY 201,226,304.83, up 95.90% from CNY 102,717,088.32 in Q1 2020, reflecting the same recovery trend[19]. - The total operating costs for the current period amount to 229,351,460.97, compared to 130,238,343.42 in the previous period[58]. Investment Income - Investment income surged to CNY 23,893,065.95, a dramatic increase of 21,387.65% from a loss of CNY 112,239.11 in the previous year, attributed to increased net profits from associated companies[19]. - The investment income for the current period is 23,893,065.96, a substantial recovery from a loss of 112,239.11 in the previous period[61]. Employee Compensation - The company reported a significant decrease in employee compensation payable by 39.80% to CNY 7,660,480.06 from CNY 12,724,155.11, as bonuses from the previous year were paid out[19]. - Payments to employees decreased to CNY 25,721,805.55 from CNY 31,896,843.68, indicating a reduction in labor costs[68]. Tax and Other Comprehensive Income - The tax expenses for the current period are -36,747.12, a decrease from 2,283,406.77 in the previous period, suggesting a reduction in tax liabilities[58]. - The company's other comprehensive income improved from -CNY 645,672.80 to -CNY 1,080,566.51, indicating a worsening in this area[51]. - The company's other comprehensive income after tax for the current period is 162,387.92, compared to -63,480.55 in the previous period, indicating a positive shift[58]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,561[13]. - The company's undistributed profits rose to CNY 98,758,537.40 from CNY 75,843,181.30, marking an increase of about 30.2%[51].