华源控股(002787) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥480,305,947.31, representing a 104.75% increase compared to ¥234,581,677.93 in the same period last year[8]. - Net profit attributable to shareholders for Q1 2021 was ¥5,575,741.81, up 40.60% from ¥3,965,738.09 in the previous year[8]. - The net profit after deducting non-recurring gains and losses was ¥3,948,062.94, reflecting a significant increase of 133.40% from ¥1,691,544.48 year-on-year[8]. - Basic earnings per share for Q1 2021 were ¥0.02, doubling from ¥0.01 in the previous year[8]. - Operating revenue for the period was ¥480,305,947.31, an increase of 104.75% year-on-year, mainly due to the impact of COVID-19 in the previous year[16]. - Operating profit for Q1 2021 was CNY 8,743,842.58, compared to CNY 5,962,197.71 in the previous year, representing an increase of about 46.5%[41]. - The total comprehensive income for Q1 2021 was CNY 5,640,634.42, compared to CNY 3,958,303.11 in the previous year, reflecting an increase of approximately 42.5%[42]. Cash Flow - The net cash flow from operating activities was negative at -¥134,323,819.80, a decline of 731.44% compared to a positive cash flow of ¥21,272,690.73 in the same period last year[8]. - The net cash flow from operating activities was -134,323,819.80, a decrease from 21,272,690.73 in the previous period, indicating a significant decline in operational performance[49]. - Cash inflows from operating activities totaled 487,665,862.11, compared to 454,216,735.90 in the previous period, reflecting a year-over-year increase of approximately 7.5%[48]. - Cash outflows from operating activities increased to 621,989,681.91 from 432,944,045.17, representing a rise of about 43.7%[49]. - The net cash flow from investing activities was -150,137,109.70, an improvement from -283,681,660.44 in the previous period, showing a reduction in cash outflow[49]. - The net cash flow from financing activities was 143,201,603.83, a significant increase from 1,597,611.88 in the previous period, highlighting improved financing conditions[50]. Assets and Liabilities - The company's total assets at the end of the reporting period reached ¥2,814,482,947.60, a 10.08% increase from ¥2,556,836,617.82 at the end of the previous year[8]. - Non-current assets totaled CNY 1,216,888,540.51, up from CNY 1,084,575,186.77 year-over-year, indicating a growth of approximately 12.2%[34]. - The company's total liabilities reached CNY 1,227,123,159.32, up from CNY 975,054,038.17, representing a growth of around 25.8%[33]. - Current liabilities increased to CNY 832,857,696.11 from CNY 649,001,427.08, reflecting a rise of about 28.2%[33]. - The company's short-term borrowings at the end of the period were ¥523,321,138.81, an increase of 32.61% compared to the end of the previous year, attributed to increased payments for locked raw material prices[16]. Shareholder Information - The company reported a total of 15,214 common shareholders at the end of the reporting period[12]. - The top shareholder, Li Zhichong, held 36.44% of the shares, amounting to 115,153,870 shares, with 86,365,402 shares pledged[12]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13]. Research and Development - Research and development expenses for the period reached ¥17,663,414.69, up 71.75% year-on-year, reflecting the company's increased investment in R&D[16]. - Research and development expenses for Q1 2021 amounted to CNY 17,663,414.69, up from CNY 10,284,596.63 in the previous year, showing a growth of approximately 72.1%[40]. Project Development - The company has completed the construction of the Qingyuan project, which has an annual production capacity of 39.6 million metal chemical cans, while the Xianning project is still under construction[22]. Other Financial Metrics - The weighted average return on net assets was 0.35%, an increase from 0.26% year-on-year[8]. - The company's intangible assets at the end of the period amounted to ¥174,459,896.24, an increase of 55.63% year-on-year, mainly due to land purchases[16]. - The company's contract liabilities at the end of the period were ¥4,439,063.28, an increase of 50.88% year-on-year, attributed to an increase in received advance payments[16].