丰元股份(002805) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 127,984,131.84, representing a 91.36% increase compared to CNY 66,879,655.79 in the same period last year[9]. - Net profit attributable to shareholders reached CNY 9,614,687.18, a significant increase of 824.99% from CNY 1,039,441.68 year-on-year[9]. - The net profit after deducting non-recurring gains and losses was CNY 9,138,075.75, up 797.48% from CNY 1,018,191.68 in the previous year[9]. - The basic earnings per share rose to CNY 0.070, a 600.00% increase from CNY 0.010 in the same quarter last year[9]. - Total operating revenue for Q1 2021 reached ¥127,984,131.84, compared to ¥66,879,655.79 in the previous period, indicating a significant increase[53]. - Net profit for Q1 2021 was ¥9,614,687.18, a substantial increase from ¥1,039,441.68 in the same period last year[55]. - Basic and diluted earnings per share for Q1 2021 were both ¥0.070, compared to ¥0.010 in the previous period[56]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,149,638,051.46, reflecting a 3.85% increase from CNY 1,106,987,046.01 at the end of the previous year[9]. - The company's current assets totaled CNY 554,693,800.44, up from CNY 517,596,413.25 at the end of 2020, reflecting a growth of approximately 7.4%[44]. - Total liabilities increased to CNY 592,775,842.03 from CNY 559,890,985.80, marking an increase of about 5.9%[46]. - Total assets as of March 31, 2021, amounted to ¥884,913,726.08, an increase from ¥868,983,125.68 at the end of 2020[50]. - Total liabilities as of March 31, 2021, were ¥315,052,670.89, compared to ¥304,142,763.40 at the end of 2020[51]. - The total assets of the company were CNY 868,983,125.68, reflecting the sum of liabilities and equity[73]. Cash Flow - The net cash flow from operating activities was CNY 15,593,122.66, which is a 20.30% increase compared to CNY 12,962,320.99 in the same period last year[9]. - Cash flow from operating activities generated a net amount of ¥15,593,122.66, compared to ¥12,962,320.99 in the previous period[63]. - The net cash flow from operating activities for Q1 2021 was ¥6,055,407.71, a decrease of 64.4% compared to ¥17,061,935.69 in the same period last year[65]. - Total cash inflow from operating activities was ¥53,813,080.14, while cash outflow was ¥47,757,672.43, resulting in a net cash inflow of ¥6,055,407.71[67]. - The company reported a significant increase in cash outflows for investment activities, totaling ¥19,154,939.24 in Q1 2021 compared to ¥11,013,561.64 in Q1 2020[67]. Shareholder Information - The total number of shareholders at the end of the reporting period was 15,757[13]. - The company's equity attributable to shareholders reached CNY 556,862,209.43, compared to CNY 547,096,060.21 at the end of 2020, showing an increase of approximately 1.6%[47]. Government Subsidies and Certifications - The company received government subsidies amounting to CNY 587,500.01 during the reporting period[10]. - The company received government subsidies totaling 4.9215 million RMB in the first quarter, with 0.49215 million RMB related to income and 4.359 million RMB related to assets[25]. - The company successfully passed the re-certification as a national high-tech enterprise, allowing it to enjoy a reduced corporate income tax rate of 15% for three years[27]. - The company successfully passed the high-tech enterprise certification again, with the announcement made on January 21, 2021[29]. Strategic Initiatives - The company signed a strategic cooperation agreement with the Chinese Academy of Sciences for the establishment of a high-energy lithium battery materials research institute[26]. - The company signed a strategic cooperation agreement with the Qingdao Institute of Bioenergy and Process Research, with the announcement made on December 18, 2020[29]. - The company is in the process of non-publicly issuing A-shares, with the relevant work currently underway[21]. - The company announced a non-public offering of A-shares approved by the China Securities Regulatory Commission, with the announcement made on February 28, 2020[28]. Risk Management - The company has engaged in commodity futures hedging to mitigate operational risks associated with raw material price fluctuations[38]. - The company implemented strict controls on hedging varieties to match its production and operation needs, reducing the risk of price fluctuations[34]. - The company has established a timely reporting system for abnormal situations to enhance risk management efficiency[34]. - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[30].