正丹股份(300641) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥392,250,011.45, representing a 49.50% increase compared to ¥262,368,220.60 in the same period last year[8] - Net profit attributable to shareholders was ¥34,516,583.62, a significant increase of 322.49% from ¥8,169,721.12 year-on-year[8] - The net profit after deducting non-recurring gains and losses reached ¥31,322,131.15, marking a 515.15% increase from ¥5,091,774.48 in the previous year[8] - The basic earnings per share increased to ¥0.07, up 250.00% from ¥0.02 in the same period last year[8] - The company reported a net profit for Q1 2021, indicating a significant increase compared to the same period last year, driven by recovery from the low profit base in H1 2020 due to the pandemic and oil price crash[26] - The company's total profit reached CNY 40.67 million in Q1 2021, a 323.49% increase from CNY 9.60 million in Q1 2020[16] - Operating profit for Q1 2021 was CNY 40,679,279.01, compared to CNY 9,594,109.45 in Q1 2020, indicating an increase of around 323.5%[44] - The total profit for Q1 2021 was CNY 40,670,408.82, compared to CNY 9,603,701.65 in Q1 2020, indicating an increase of approximately 323.5%[44] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,928,613,817.38, reflecting a 15.08% increase from ¥1,675,960,066.15 at the end of the previous year[8] - The net assets attributable to shareholders amounted to ¥1,478,499,121.77, an increase of 8.80% compared to ¥1,358,917,068.84 at the end of the previous year[8] - Total assets reached CNY 1,894,106,739.63, compared to CNY 1,641,936,660.75 at the end of 2020, representing an increase of about 15.3%[40] - Total liabilities amounted to CNY 421,161,194.07, up from CNY 288,160,627.74, showing a rise of approximately 46.1%[40] - The company's total equity reached CNY 1,472,945,545.56, compared to CNY 1,353,776,033.01 at the end of 2020, representing an increase of approximately 8.8%[40] Cash Flow - The net cash flow from operating activities improved to -¥1,959,173.11, a 89.17% improvement from -¥18,091,886.16 in the same period last year[8] - Cash inflow from financing activities totaled 363,749,188.95 CNY, up from 99,792,100.00 CNY in the previous year[53] - The net cash flow from financing activities was 227,139,967.97 CNY, compared to 57,066,502.35 CNY in the same period last year[53] - The ending balance of cash and cash equivalents was 598,926,677.95 CNY, an increase from 348,138,852.88 CNY year-over-year[53] - The company received cash from sales of goods and services amounting to CNY 470,180,858.45 in Q1 2021, compared to CNY 282,363,906.96 in Q1 2020[51] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,352, indicating a broad shareholder base[12] Research and Development - Research and development expenses increased by 343.81% to CNY 13.02 million in Q1 2021, primarily due to adjustments in R&D plans from the previous year[16] - Research and development expenses in Q1 2021 were CNY 13,023,470.86, significantly higher than CNY 2,934,457.43 in Q1 2020, reflecting a growth of approximately 343.5%[46] Inventory and Costs - Inventory rose by 53.06% to CNY 188.76 million, attributed to rising raw material prices and increased procurement[16] - Total operating costs for Q1 2021 were CNY 355,337,782.01, compared to CNY 256,385,632.64 in Q1 2020, an increase of approximately 38.5%[43] - The company's inventory increased to approximately CNY 188.76 million as of March 31, 2021, compared to CNY 123.32 million at the end of 2020, indicating a rise of 52.9%[34] Government Support - The company received government subsidies amounting to ¥2,046,620.00 during the reporting period, contributing to its financial performance[9] Other Information - The company has not reported any significant changes in its core technology team or major risks affecting future operations during the reporting period[18] - The company has not reported any 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] - The company has delayed the "20,000 tons/year vinyl toluene project" to December 31, 2021, due to slower-than-expected market demand for vinyl toluene products[24] - The company has adjusted the project completion timeline for the engineering technology research center to December 31, 2021, due to pandemic-related delays[25] - The company did not require adjustments to the beginning balance sheet items as it did not engage in leasing or related business[58]