顺博合金(002996) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,663,273,952.42, representing a 116.13% increase compared to ¥769,566,995.86 in the same period last year[8] - Net profit attributable to shareholders for Q1 2021 was ¥78,501,510.06, a 135.77% increase from ¥33,296,230.64 in the previous year[8] - The net profit after deducting non-recurring gains and losses was ¥74,150,672.08, up 127.13% from ¥32,646,200.43 year-on-year[8] - Basic and diluted earnings per share for Q1 2021 were both ¥0.18, doubling from ¥0.09 in the previous year[8] - Operating revenue grew by 116.13% year-on-year, attributed to the resumption of sales following the pandemic and the trial operation of the Hubei Shunbo production base[15] - Operating costs increased by 115.01% year-on-year, consistent with the growth in sales volume[15] - Tax expenses rose by 295.10% year-on-year, driven by increased sales activities[15] - Other income increased by 90.48% year-on-year, mainly due to tax refunds and government subsidies received by Hubei Shunbo[15] - The net profit for the first quarter reached CNY 89,249,711.04, up from CNY 36,698,341.18 in the same period last year, representing a growth of approximately 143%[41] - The company reported a profit before tax of CNY 104,755,083.87, compared to CNY 42,874,232.55 in the previous year, marking an increase of approximately 144%[41] Cash Flow and Liquidity - The company's cash flow from operating activities showed a significant decline, with a net outflow of ¥256,816,760.32 compared to a net inflow of ¥6,939,204.71 in the same period last year, marking a decrease of 3,800.95%[8] - Net cash flow from operating activities decreased by 3800.95% year-on-year, primarily due to increased raw material purchases for production[15] - The net cash flow from operating activities was -256,816,760.32 CNY, a significant decrease compared to 6,939,204.71 CNY in the previous period[49] - Total cash inflow from investment activities was 485,514,168.61 CNY, while cash outflow was 484,649,710.68 CNY, resulting in a net cash flow of 864,457.93 CNY[49] - Cash inflow from financing activities amounted to 328,000,000.00 CNY, with cash outflow of 251,170,257.58 CNY, leading to a net cash flow of 76,829,742.42 CNY[50] - The total cash and cash equivalents at the end of the period were 284,865,257.40 CNY, down from 463,987,817.37 CNY at the beginning of the period[50] - The company reported a decrease in cash and cash equivalents by -130,475,475.56 CNY during the period[53] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,247,718,947.92, an increase of 7.01% from ¥3,035,083,971.90 at the end of the previous year[8] - Current assets totaled CNY 1,218,126,401.73, slightly down from CNY 1,249,650,772.97 at the end of the previous year[34] - Total liabilities amounted to CNY 1,134,427,979.36, compared to CNY 1,000,225,231.48 in the previous period, representing an increase of approximately 13%[32] - The company's equity attributable to shareholders reached CNY 1,946,298,856.08, up from CNY 1,879,751,715.07, showing an increase of about 4%[33] - The total non-current assets amounted to CNY 687,144,604.11, slightly down from CNY 696,678,540.45[33] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,382[11] - The top three shareholders, Wang Zengchao, Wang Zhenjian, and Wang Qi, collectively hold 55.58% of the company's shares[11] Government Support - The company received government subsidies amounting to ¥5,976,047.68 during the reporting period, primarily from local industry development funds[9] Operational Developments - The first phase of Hubei Shunbo's 100,000-ton recycled aluminum alloy ingot project began trial operations on October 24, 2020, with the second phase expected to be completed by Q2-Q3 2021[21] - Contract liabilities increased by 442.91% compared to the beginning of the period, mainly due to an increase in customer prepayments[15] Expenses - The company incurred sales expenses of CNY 15,639,411.69, which is an increase from CNY 6,457,406.09 in the previous year[41] - The management expenses for the quarter were CNY 18,027,064.89, compared to CNY 8,616,999.31 in the previous period, indicating a rise in operational costs[41]