翔鹭钨业(002842) - 2021 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2021 reached ¥367,241,308.50, an increase of 40.52% compared to ¥261,336,388.27 in the same period last year[7] - Net profit attributable to shareholders was ¥11,983,254.37, up 29.46% from ¥9,256,093.64 year-on-year[7] - Net profit excluding non-recurring items surged by 278.78% to ¥10,358,226.13, compared to a loss of ¥5,793,842.19 in the previous year[7] - Net profit for the period was CNY 11,983,254.37, a 46.79% increase from CNY 8,163,555.91 in the previous period[16] - The company reported a total profit of CNY 12,388,271.38 for the quarter, compared to CNY 9,042,191.49 in the previous year, marking a growth of approximately 37.5%[37] - The total comprehensive income for the first quarter of 2021 was CNY 12,047,800.88, compared to CNY 10,299,448.04 in the same period last year, representing an increase of approximately 16.9%[42] Cash Flow - The net cash flow from operating activities was -¥92,254,658.06, worsening by 88.08% from -¥49,050,968.70 in the same period last year[7] - Cash inflow from operating activities was CNY 250,814,455.63, down from CNY 286,982,483.67 in the previous year, indicating a decrease of about 12.6%[44] - The net cash flow from operating activities was -CNY 92,254,658.06, worsening from -CNY 49,050,968.70 year-over-year[45] - Cash outflow for purchasing goods and services was CNY 306,321,288.63, compared to CNY 285,811,416.86 in the previous year, reflecting an increase of approximately 7.5%[45] - The net cash flow from investing activities was -CNY 3,935,880.59, an improvement from -CNY 17,126,025.69 in the same period last year[45] - Cash inflow from financing activities totaled CNY 292,309,322.61, up from CNY 206,345,671.21, marking an increase of about 41.7%[46] - The net cash flow from financing activities was CNY 81,024,627.82, compared to CNY 25,217,888.40 in the previous year, representing an increase of approximately 221.5%[46] - The ending balance of cash and cash equivalents was CNY 64,723,792.56, down from CNY 88,138,530.42 year-over-year, a decrease of about 26.5%[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,387,098,835.49, a decrease of 1.16% from ¥2,415,189,076.62 at the end of the previous year[7] - Total liabilities decreased to CNY 1,388,966,944.51 from CNY 1,428,425,423.34, a decline of 2.8%[29] - Non-current liabilities increased to CNY 502,931,213.44 from CNY 401,595,842.98, an increase of 25.1%[29] - The company's equity attributable to shareholders increased to CNY 998,131,890.98 from CNY 986,763,653.28, an increase of 1.4%[30] - The total liabilities decreased slightly to CNY 1,034,684,298.70 from CNY 1,105,072,415.53, indicating improved financial stability[36] - The total equity increased to CNY 976,356,842.25 from CNY 964,529,882.88, reflecting a positive trend in shareholder value[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,768[10] - Basic earnings per share increased by 33.33% to ¥0.04 from ¥0.03 year-on-year[7] - Earnings per share (EPS) for the current period was CNY 0.04, compared to CNY 0.03 in the previous period, showing a 33.3% increase[38] Operational Performance - The company reported a 40.01% increase in operating costs, totaling CNY 322,072,328.27, in line with the revenue growth[16] - Total operating costs amounted to CNY 356,533,150.92, compared to CNY 267,787,664.39 in the prior year, reflecting a rise in operational expenses[36] - Research and development expenses for Q1 2021 were CNY 12,487,134.52, down from CNY 15,506,183.10, suggesting a potential shift in R&D strategy[36] - Sales expenses decreased by 52.92% to CNY 1,073,237.30 from CNY 2,279,487.99, mainly due to transportation costs being transferred to operating costs[16] Investments and Fundraising - The company has invested a total of CNY 33,721,930.70 from the proceeds of convertible bonds into fundraising projects[20] - The balance of unused raised funds was CNY 5,759,638.10, consistent with the balance in the fundraising special account[20] - The company has ongoing investments in fixed assets, totaling CNY 642,568,922.76, down from CNY 654,154,559.32, a decrease of 1.8%[28] Other Financial Metrics - The company reported non-recurring gains of ¥1,625,028.24 during the period[8] - The company recorded a 99.43% decrease in non-operating income, down to CNY 9,584.04 from CNY 1,675,482.32, primarily due to reduced government subsidies[16] - The company is focusing on market expansion and new product development as part of its strategic initiatives moving forward[36] - The company has not yet audited the first quarter report, indicating that the figures are subject to change upon audit completion[51]