高争民爆(002827) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥160,044,258.40, representing a 153.16% increase compared to ¥63,218,383.62 in the same period last year[8]. - The net profit attributable to shareholders was -¥762,688.32, an improvement of 95.13% from -¥15,667,910.51 year-on-year[8]. - The net profit for Q1 2021 was ¥583,020.87, marking a 103.55% increase from a net loss of ¥16,437,646.48 in Q1 2020[17]. - The total profit for Q1 2021 was ¥1,206,095.86, a turnaround from a loss of ¥16,374,217.49 in the same period last year, representing a 107.37% increase[17]. - The operating profit for Q1 2021 was ¥1,255,100.28, a significant improvement from a loss of ¥16,057,949.93 in Q1 2020, reflecting a 107.82% increase[16]. - The basic earnings per share for the period was -¥0.0028, a 95.33% improvement from -¥0.06 in the previous year[8]. - The company reported a total comprehensive income of CNY 1,127,888.68, contrasting with a total comprehensive loss of CNY 12,479,017.49 in the same quarter last year[46]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥8,996,415.07, showing a 48.42% reduction in cash outflow compared to -¥17,441,852.03 in the previous year[8]. - The cash flow from operating activities improved by 48.42%, with a net outflow of ¥8,996,415.07 compared to ¥17,441,852.03 in the previous year[17]. - The total cash outflow from operating activities was CNY 127,248,882.15, an increase from CNY 95,562,014.54 in the prior year[49]. - The net cash flow from investing activities for Q1 2021 was -6,965,354.43 CNY, compared to -29,434,361.72 CNY in the same period of 2020, indicating a significant reduction in cash outflow[53]. - The net cash flow from financing activities was 3,991,836.88 CNY in Q1 2021, a decrease from 20,759,720.05 CNY in Q1 2020, reflecting a decline in financing inflows[53]. - The company's cash and cash equivalents decreased slightly to RMB 177,034,985.04 from RMB 179,556,225.52 at the end of 2020[31]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,493,546,069.15, a 1.46% increase from ¥1,472,072,987.92 at the end of the previous year[8]. - The company's total assets amounted to RMB 1,493,546,069.15, up from RMB 1,472,072,987.92 at the end of 2020[34]. - The total liabilities of the company as of March 31, 2021, were RMB 590,574,725.04, compared to RMB 569,911,960.21 at the end of 2020[33]. - The total liabilities increased to CNY 282,338,804.44 from CNY 272,342,039.25, reflecting a rise in both current and non-current liabilities[37]. - The company's equity attributable to shareholders was RMB 760,654,479.65, showing a slight decrease from RMB 761,104,301.40 at the end of 2020[34]. Shareholder Information - The top shareholder, Tibet Construction Materials Group Co., Ltd., holds 58.60% of the shares, totaling 161,740,994 shares[12]. - The total number of ordinary shareholders at the end of the reporting period was 15,987[12]. - The minority shareholders' profit increased by 274.83% to ¥1,345,709.19, reflecting the overall recovery in business performance[17]. Operational Efficiency - The company's accounts receivable increased by 73.76% to ¥63,640,000.00 from ¥36,625,000.00, primarily due to higher receivables from customers[16]. - The company's prepayments surged by 118.05% to ¥11,376,155.90, driven by advance payments for equipment and materials[16]. - The company's financial expenses rose by 53.25% to ¥1,870,305.46, attributed to increased bank borrowings[16]. - The company is focusing on improving operational efficiency and reducing cash outflows in future quarters[45]. Government Support - The company received government subsidies amounting to ¥428,044.81, primarily related to business operations[9]. Changes in Accounting and Reporting - The company reported no significant changes in its non-recurring gains and losses classification during the reporting period[10]. - The company has implemented new leasing standards affecting the recognition of right-of-use assets and lease liabilities, impacting the financial statements[58]. - The company has not undergone an audit for the Q1 2021 report, which may affect the reliability of the financial data presented[61].