首华燃气(300483) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥473,011,078.52, representing a 45.32% increase compared to ¥325,506,626.15 in the same period last year[7] - The net profit attributable to shareholders decreased by 9.77% to ¥49,731,656.71 from ¥55,119,037.40 year-on-year[7] - Basic earnings per share fell by 18.50% to ¥0.185 from ¥0.227 in the same period last year[7] - The net profit attributable to shareholders for Q1 2021 was CNY 49.73 million, a decrease of 9.77% from CNY 55.00 million in Q1 2020, primarily due to the absence of a subsidy received in the previous year[18] - The net profit for the first quarter of 2021 was CNY 84,288,828.97, a decrease from CNY 130,245,363.87 in the same quarter of the previous year[42] - The basic and diluted earnings per share for the first quarter of 2021 were both CNY 0.185, down from CNY 0.227 in the previous year[43] Cash Flow - The net cash flow from operating activities dropped significantly by 59.79% to ¥67,368,305.04 compared to ¥167,525,510.43 in the previous year[7] - The company’s cash flow from operating activities decreased by 59.79% to CNY 67.37 million, impacted by the lack of subsidies received in the previous year[17] - The total cash inflow from operating activities is 356,808,056.90, slightly up from 355,490,600.23 in the previous period[49] - The cash outflow from operating activities is 289,439,751.86, compared to 187,965,089.80 in the previous period, showing increased operational costs[49] - The net cash flow from operating activities is 67,368,305.04, down from 167,525,510.43 in the previous period, indicating reduced cash generation[49] - The cash flow from investing activities shows a net outflow of -64,589,584.83, compared to -190,059,434.89 in the previous period, suggesting a decrease in investment losses[50] - The cash flow from financing activities results in a net outflow of -30,780,417.22, an improvement from -75,326,081.01 in the previous period, indicating better management of financing costs[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,056,732,236.46, a decrease of 1.03% from ¥7,129,845,937.66 at the end of the previous year[7] - The company reported a total equity of CNY 2,657,474,236.20, a slight decrease from CNY 2,677,222,587.10 at the end of 2020[38] - The total current liabilities increased to CNY 825,109,217.42 from CNY 809,440,316.23 in the previous period[38] - The company's total liabilities decreased to CNY 2,666,708,975.27 from CNY 2,824,706,936.54, a reduction of approximately 5.6%[32][34] - The company’s long-term liabilities due within one year increased by 562.50% to CNY 21.78 million, reflecting higher interest payable on long-term loans[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,569[10] - The largest shareholder, Ganzhou Haide Investment Partnership, held 10.14% of the shares, amounting to 15,120,000 shares[10] - The company did not engage in any repurchase transactions during the reporting period[11] Operational Highlights - Natural gas extraction volume for Q1 2021 was 206 million cubic meters, remaining stable compared to the same period last year[18] - Contract assets increased by 122.85% to CNY 33.27 million as of March 31, 2021, due to unrecognized natural gas sales[17] - Accounts receivable rose by 89.37% to CNY 222.77 million, reflecting an increase in outstanding natural gas sales[17] - Research and development expenses for the first quarter of 2021 were CNY 2,473,848.49, compared to CNY 1,843,865.19 in the same period last year, indicating an increase in investment in innovation[41] Corporate Changes - The company has initiated a name change to "Shouhua Gas Technology (Shanghai) Co., Ltd." and a new stock abbreviation "Shouhua Gas" as of January 8, 2021[21] - The company did not undergo an audit for the first quarter report[55] - The report indicates that the new leasing standards were not applicable for the current year[55]