中泰股份(300435) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥637,750,003.38, representing a 37.60% increase compared to ¥463,474,375.29 in the same period last year[8] - The net profit attributable to shareholders for Q1 2021 was ¥58,041,175.87, a 72.47% increase from ¥33,652,401.07 in the previous year[8] - The basic earnings per share for Q1 2021 was ¥0.15, up 66.67% from ¥0.09 in the same period last year[8] - The net cash flow from operating activities improved to -¥12,132,199.59, a 57.97% reduction in losses compared to -¥28,864,486.67 in the previous year[8] - The weighted average return on equity for Q1 2021 was 2.49%, up from 1.58% in the same period last year[8] - The total comprehensive income for Q1 2021 was CNY 57,894,660.69, up from CNY 33,330,993.67 in Q1 2020, reflecting a 73.9% increase[40] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,545,341,936.67, reflecting a 2.89% increase from ¥3,445,701,074.39 at the end of the previous year[8] - The net assets attributable to shareholders increased to ¥2,351,536,893.39, a 2.49% rise from ¥2,294,418,440.85 at the end of the previous year[8] - Total current assets increased to CNY 1,875,026,508.97 as of March 31, 2021, up from CNY 1,777,280,935.01 at the end of 2020, representing a growth of approximately 5.5%[29] - Total liabilities increased to CNY 1,192,502,229.64, compared to CNY 1,149,831,589.58 at the end of 2020, marking a rise of about 3.7%[31] - The total liabilities increased to CNY 969,988,060.66 from CNY 860,853,472.35, marking a 12.7% rise[39] Revenue Sources and Contracts - Revenue from deep cooling equipment business increased by 60.35% year-on-year, with net profit growth of 139.86%[20] - The increase in performance was driven by the recovery of domestic economy and a surge in downstream investment due to carbon neutrality policies[20] - The company has ongoing contracts, including a 150 million yuan contract with Erdos City Weide New Energy Co., Ltd. for a gas utilization project[21] - Another significant contract worth 143 million yuan was signed with Xinjiang Hami Hongtong Energy Co., Ltd. for a liquefied natural gas plant[21] Cash Flow - Operating cash inflow for the current period was CNY 624,480,316.52, an increase of 29.3% from CNY 482,762,666.90 in the previous period[45] - Cash flow from investment activities resulted in a net outflow of CNY -50,173,765.37, slightly better than CNY -50,902,681.09 in the previous period[46] - Cash flow from financing activities generated a net inflow of CNY 29,206,013.99, down from CNY 46,832,258.33 in the previous period[47] - The ending cash and cash equivalents balance was CNY 699,202,543.15, compared to CNY 192,166,577.13 at the end of the previous period[47] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,285[12] - The largest shareholder, Zhejiang Zhongtai Steel Group Co., Ltd., held 32.11% of the shares, amounting to 121,418,709 shares[12] - The total number of restricted shares at the end of the reporting period was 86,730,305 shares[17] Research and Development - Research and development expenses for Q1 2021 were CNY 5,557,237.51, an increase from CNY 4,124,634.82 in the same quarter last year[39] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[39] Operational Insights - The company reported a low base effect from Q1 2020 due to production and shipping disruptions caused by the pandemic[20] - The company anticipates continued growth in orders and revenue as the economy recovers and investment in the energy and chemical sectors increases[20] - The company has no significant changes in its core technology team or major risks affecting future operations during the reporting period[22]