同兴环保(003027) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥154,742,384.68, representing a 48.47% increase compared to ¥104,223,637.23 in the same period last year[8] - Net profit attributable to shareholders was ¥31,016,490.80, up 45.58% from ¥21,305,036.31 year-over-year[8] - The net profit after deducting non-recurring gains and losses was ¥28,462,015.34, reflecting a significant increase of 64.94% compared to ¥17,255,719.01 in the previous year[8] - Basic earnings per share increased by 9.09% to ¥0.36 from ¥0.33 year-over-year[8] - Total operating revenue for Q1 2021 reached ¥154,742,384.68, a 48.4% increase from ¥104,223,637.23 in the same period last year[40] - Net profit for Q1 2021 was ¥37,056,315.52, representing a 30.7% increase compared to ¥28,367,788.33 in Q1 2020[42] - The total profit before tax was ¥43,451,659.88, up from ¥33,374,306.75 in Q1 2020, reflecting a growth of 30.9%[42] - The total comprehensive income for the first quarter of 2021 was CNY 11,298,007.76, compared to CNY 8,687,539.67 in the same period last year, representing an increase of approximately 30%[50] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥38,995,255.31, a decline of 192.83% from ¥42,009,203.15 in the same period last year[8] - Cash inflow from operating activities was CNY 123,079,175.37, slightly down from CNY 126,254,290.94 in the previous year, indicating a decrease of about 2%[49] - The company's total cash outflow for operating activities was CNY 162,074,430.68, significantly higher than CNY 84,245,087.79 in the previous year, reflecting increased operational expenses[50] - Cash and cash equivalents decreased by 55.02% to ¥398,393,928.76 due to the purchase of financial products[16] - Cash and cash equivalents at the end of the period were CNY 373,186,293.35, down from CNY 44,134,915.32 at the end of the previous year[51] - The company reported a cash outflow from financing activities of CNY 51,244,700.44, compared to CNY 30,015,413.04 in the previous year, reflecting increased financing costs[51] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,969,281,928.01, a decrease of 3.82% from ¥2,047,450,024.45 at the end of the previous year[8] - Current assets decreased from CNY 1,774,175,520.48 to CNY 1,679,234,184.04, a decline of approximately 5.34%[32] - Total liabilities decreased from CNY 503,028,365.12 to CNY 387,803,953.16, a decline of about 23%[34] - The company reported a total liability of ¥374,018,765.63, down from ¥497,010,387.29 in the previous period[41] - Non-current assets increased from CNY 273,274,503.97 to CNY 290,047,743.97, an increase of approximately 6.3%[33] - The total assets decreased from CNY 2,047,450,024.45 to CNY 1,969,281,928.01, a decline of about 3.83%[33] Shareholder Information - The total number of shareholders at the end of the reporting period was 17,633[12] - The net assets attributable to shareholders increased by 1.66% to ¥1,510,964,374.18 from ¥1,486,235,271.27 at the end of the previous year[8] - The total equity attributable to shareholders rose from CNY 1,486,235,271.27 to CNY 1,510,964,374.18, an increase of about 1.66%[35] Expenses and Investments - Total operating costs amounted to ¥113,644,830.05, up 50.5% from ¥75,443,768.85 year-over-year[41] - Research and development expenses rose by 102.35% to ¥6,719,430.37, reflecting increased investment in R&D projects[16] - Research and development expenses for Q1 2021 were ¥6,719,430.37, a 102.0% increase from ¥3,320,731.04 in the same period last year[41] - Sales expenses surged by 282.43% to ¥5,662,467.50, driven by increased revenue and related maintenance costs[16] - The company reported a significant increase of 1010.22% in credit impairment losses to ¥4,803,451.08, due to a decrease in the scale of accounts receivable[16] Financing Activities - Short-term borrowings decreased by 100% to ¥0.00 as the company repaid its short-term loans[16] - Long-term borrowings also decreased by 100% to ¥0.00 due to repayment of long-term loans[16] - The company’s short-term borrowings were reduced to zero from CNY 28,040,938.33, indicating a shift in financing strategy[34] Government Support - The company received government subsidies amounting to ¥2,863,032.10 during the reporting period[9] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[41]