凯发电气(300407) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥263,474,153.24, representing a 28.54% increase compared to ¥204,981,923.86 in the same period last year[8] - The net profit attributable to shareholders was -¥25,988,903.95, an improvement of 40.14% from -¥43,416,876.38 year-on-year[8] - The basic earnings per share for the period was -¥0.09, an improvement of 35.71% from -¥0.14 in the same period last year[8] - The weighted average return on net assets was -1.84%, an improvement of 1.45% from -3.29% year-on-year[8] - The company reported a total operating revenue of 263.47 million yuan, with a net loss attributable to shareholders of 26.03 million yuan[22] - The net profit for the first quarter was a loss of CNY 26,025,002.29, an improvement from a loss of CNY 43,670,884.03 in the same period last year[44] - The total comprehensive income for the first quarter was CNY -41,704,879.62, slightly better than CNY -44,205,848.19 in the previous year[45] - The total profit for the first quarter was CNY -25,650,402.89, an improvement from CNY -43,831,352.22 in the same period last year[44] Cash Flow - The net cash flow from operating activities was -¥60,636,453.00, showing a slight improvement of 4.76% compared to -¥63,666,914.00 in the previous year[8] - Cash received from operating activities decreased by 13.59 million yuan, a reduction of 73.69% compared to the previous year[19] - Cash inflow from operating activities for the parent company was CNY 130.83 million, an increase from CNY 105.46 million year-over-year[54] - Cash inflow from financing activities was CNY 22.21 million, significantly higher than CNY 1 million in the previous year[53] - Net cash flow from financing activities was CNY 4.22 million, recovering from -CNY 9.45 million year-over-year[53] - The company reported a net cash decrease of CNY 134.91 million for the period, compared to a decrease of CNY 132.58 million in the previous year[53] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,671,151,918.67, a decrease of 0.56% from ¥2,686,112,827.78 at the end of the previous year[8] - The company's total liabilities increased significantly, with "other current liabilities" rising by 32.77% to ¥973.45 million due to increased project prepayments[17] - The total liabilities as of March 31, 2021, were CNY 1,263,317,501.85, compared to CNY 1,236,574,414.23 at the end of 2020[37] - The company's total assets amounted to CNY 2,686,112,827.78, with current assets of CNY 1,176,025,420.81 and non-current assets of CNY 731,830,699.43[62] - The total equity attributable to shareholders was CNY 1,398,146,372.80, down from CNY 1,439,814,271.19[37] Operational Highlights - The company has signed contracts worth 3.899 billion yuan, with 1.737 billion yuan in domestic contracts and 2.162 billion yuan in overseas contracts[22] - The company plans to continue expanding in the domestic and international rail transit markets, focusing on new order quality and technological advancements[23] - The company reported no violations regarding external guarantees during the reporting period[27] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[28] Expenses - Total operating costs for Q1 2021 amounted to CNY 304,222,302.37, up from CNY 256,121,776.96 in the previous period[43] - Research and development expenses increased to CNY 26,085,308.93 from CNY 20,885,528.41 year-over-year[43] - The company's operating expenses increased significantly, with tax payments rising by 9.19 million yuan, a growth of 44.78%[19] - The financial expenses included interest expenses of CNY 3,161,945.03, up from CNY 2,852,943.65 in the previous period[47] Inventory and Receivables - Accounts receivable decreased to CNY 555,988,710.07 from CNY 659,916,139.65, indicating a reduction of about 15.7%[34] - Inventory increased to CNY 548,135,043.60 from CNY 475,640,811.46, reflecting an increase of approximately 15.3%[34] - The company's inventory increased to CNY 304,193,026.09 from CNY 254,972,954.87 year-over-year[39] Other Financial Metrics - The company recorded a credit impairment loss of 9.44 million yuan, a decrease of 168.45% year-on-year due to increased collection amounts[18] - The company’s asset impairment loss decreased by 534.68% to 2.55 million yuan, primarily due to increased collection amounts[18] - The company reported other income of CNY 3,452,382.82, which was consistent with CNY 3,403,168.90 in the previous period[47]