ST洲际(600759) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 534,569,485.79, representing a year-on-year increase of 13.54%[11] - Net profit attributable to shareholders was CNY 795,752.56, a significant recovery from a loss of CNY 37,596,603.99 in the same period last year[11] - Basic and diluted earnings per share improved to CNY 0.0004, recovering from a loss of CNY 0.0166 per share in the same period last year[11] - The company achieved operating revenue of 53,456.95 million RMB, an increase of 13.54% compared to the same period last year, primarily due to rising crude oil prices[21] - The company reported a total profit of 2,646.59 million RMB, with a net profit attributable to shareholders of the parent company of 79.57 million RMB[21] - The company’s oil production for the first quarter was 22.75 million tons, a decrease of 11.41% compared to the same period last year[22] - Total operating revenue for Q1 2021 was RMB 534,569,485.79, an increase of 13.5% compared to RMB 470,834,212.81 in Q1 2020[51] - Operating profit for Q1 2021 was RMB 26,565,637.85, compared to a loss of RMB 50,803,964.11 in Q1 2020[51] - Net profit for Q1 2021 was RMB 26,465,911.67, recovering from a loss of RMB 49,469,069.40 in Q1 2020[51] Cash Flow - Net cash flow from operating activities decreased by 64.85% to CNY 76,047,810.18 compared to CNY 216,379,115.70 in the previous year[11] - The net cash flow from operating activities was -CNY 4,251,999.19, improving from -CNY 8,853,340.44 in the same period last year[64] - In Q1 2021, the company's cash inflow from operating activities was CNY 6,991,951.74, a decrease of 60.5% compared to CNY 17,709,257.69 in Q1 2020[64] - The company's cash and cash equivalents at the end of Q1 2021 stood at CNY 7,343,260.29, compared to CNY 32,166,810.62 at the end of Q1 2020[64] - The total cash outflow for the quarter was CNY 4,854,148.14, contrasting with a cash inflow of CNY 105,357,138.44 in the previous year[61] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 14,199,631,890.82, a slight increase of 0.03% compared to the end of the previous year[11] - Total current assets increased to ¥704,803,368.62 from ¥618,197,935.08, representing a growth of approximately 14.0% year-over-year[35] - Total non-current assets decreased slightly to ¥13,494,828,522.20 from ¥13,577,478,547.40, reflecting a decline of about 0.6%[38] - Total liabilities rose to ¥8,605,781,166.58 compared to ¥8,577,945,135.02, marking an increase of approximately 0.3%[40] - The company's total equity attributable to shareholders decreased to ¥5,273,065,425.97 from ¥5,296,459,758.02, a decline of about 0.4%[40] Shareholder Information - The total number of shareholders at the end of the reporting period was 86,188[14] - The largest shareholder, Guangxi Zhenghe Industrial Group Co., Ltd., held 25.55% of the shares, totaling 578,281,232 shares[14] Tax and Expenses - The company’s tax expenses increased by 30.58% to 13,711.70 million RMB, influenced by rising oil prices[21] - The company reported a tax expense of 25,099,610.64 RMB, compared to a tax benefit of -11,172,241.81 RMB in the previous period[53] - The company's financial expenses for the current period are 22,561,456.57 RMB, a significant increase from -17,993,075.35 RMB in the previous period[57] Legal and Settlement Issues - The company was ordered to repay a principal amount of RMB 300 million and overdue interest in a lawsuit with Shengshi Asset Management Co., Ltd. The final ruling was upheld by the Beijing High Court[26] - In a settlement with Shanghai Zhongman Investment Holdings Co., Ltd., the company agreed to repay RMB 30 million in principal and RMB 6 million in interest, with a 10% annual interest rate applicable until full repayment[26] - The company is involved in a loan dispute with Hainan Construction Bank, where it is required to repay RMB 220 million in principal and RMB 239,250 in interest, with further interest accruing until the debt is settled[26] Future Outlook - The company anticipates a significant improvement in profitability in the first half of 2021 due to rising Brent crude oil prices and economic recovery from the pandemic[31] - The company has extended the performance compensation agreement with Guangxi Zhenghe, maintaining a net profit commitment of RMB 314.6 million for the extended period until 2023[30]