南网能源(003035) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥452,535,826.52, representing a 31.11% increase compared to ¥345,169,428.61 in the same period last year[3]. - Net profit attributable to shareholders was ¥74,418,618.54, an increase of 18.24% from ¥62,938,171.71 year-on-year[3]. - Basic earnings per share for the period were ¥0.0210, reflecting a slight increase of 0.96% from ¥0.0208 in the same period last year[3]. - The total comprehensive income for Q1 2021 was CNY 79,048,038.15, compared to CNY 64,182,417.99 in the previous year, indicating a growth of 23.1%[35]. - Net profit for Q1 2021 reached CNY 79,048,038.15, representing a 23.1% increase from CNY 64,182,417.99 in Q1 2020[35]. Cash Flow - The net cash flow from operating activities decreased significantly by 73.15%, amounting to ¥18,112,656.21 compared to ¥67,460,827.51 in the previous year[3]. - The company reported a significant increase in cash and cash equivalents, reaching approximately CNY 1,025.81 million as of March 31, 2021, compared to CNY 507.77 million at the end of 2020, reflecting a change of 102.02% due to the successful IPO in January 2021[11]. - The net cash flow from operating activities was -16,046,688.72 CNY, a decrease from 31,755,967.34 CNY in the previous period, indicating a significant decline in operational performance[42]. - Cash inflow from investment activities totaled 84,758,373.38 CNY, down from 182,436,702.55 CNY in the prior period, reflecting reduced investment returns[43]. - The total cash and cash equivalents at the end of the period reached 678,828,576.55 CNY, compared to 103,141,438.63 CNY in the previous period, indicating a substantial increase in liquidity[43]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥12,109,056,079.97, a 9.74% increase from ¥11,034,643,347.73 at the end of the previous year[3]. - Total liabilities amounted to CNY 6,192,208,892.07, a decrease of 1.13% from the previous period[47]. - Current liabilities decreased to CNY 2,570,997,244.30 from CNY 2,830,386,556.65, a reduction of approximately 9.1%[29]. - Owner's equity increased to CNY 5,961,686,904.02 from CNY 4,842,434,455.66, reflecting a growth of around 23.1%[30]. - The company reported a total asset value of 11,034,643,347.73 CNY, a slight decrease from 11,105,379,839.91 CNY, reflecting a minor contraction in asset base[46]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 316,084[7]. - The largest shareholder, China Southern Power Grid Co., Ltd., held 40.39% of the shares, amounting to 1,530,000,000 shares[7]. Investment and Projects - The total amount of committed investment projects is CNY 104,355.69 million, with a cumulative investment of CNY 53,942.74 million, representing a progress rate of 51.73%[18]. - The biomass gasification heating project has achieved a cumulative investment of CNY 1,698.07 million, with a progress rate of 78.51%[18]. - The company has adjusted the expected operational status dates for the distributed photovoltaic contract energy management project and urban lighting energy-saving service expansion project to December 31, 2021[20]. Financial Expenses - The company’s financial expenses rose by 56.46% to CNY 45.04 million, driven by an increase in borrowing activities during the reporting period[12]. - Interest expenses rose to ¥16,650,488.08, up from ¥11,986,395.98, marking an increase of 39.8%[37]. Research and Development - Research and development expenses for Q1 2021 were CNY 1,088,871.56, slightly down from CNY 1,113,000.00 in Q1 2020[34]. - Research and development expenses decreased to ¥546,307.15 from ¥1,113,000.00, reflecting a reduction of 50.9%[37]. Compliance and Governance - The company has no violations regarding external guarantees during the reporting period[23]. - The company has not engaged in any entrusted wealth management during the reporting period[23]. - The first quarter report was not audited[53].