中伟股份(300919) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 3,689,539,640.80, representing a 135.23% increase compared to CNY 1,568,513,517.58 in the same period last year[3]. - Net profit attributable to shareholders was CNY 211,547,175.77, up 237.63% from CNY 62,657,150.56 year-on-year[3]. - The net profit after deducting non-recurring gains and losses reached CNY 196,763,910.58, a significant increase of 434.28% compared to CNY 36,827,688.09 in the previous year[3]. - The basic earnings per share for the period was CNY 0.3714, which is a 209.50% increase from CNY 0.120 in the same quarter last year[3]. - The company achieved operating revenue of 368,953.96 million RMB, a year-on-year increase of 135.23%[17]. - Net profit attributable to ordinary shareholders was 21,154.72 million RMB, up 237.63% year-on-year[17]. - The company reported a total comprehensive income of CNY 209,781,040.11 for Q1 2021, compared to CNY 62,657,150.56 in Q1 2020, indicating a growth of about 234.5%[38]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 13,084,050,159.94, reflecting a 32.64% increase from CNY 9,864,111,074.13 at the end of the previous year[3]. - The net assets attributable to shareholders amounted to CNY 4,054,017,388.81, which is a 5.66% increase from CNY 3,836,687,231.67 at the end of the last year[3]. - Total liabilities increased to CNY 9.03 billion from CNY 6.03 billion, indicating a growth of about 49.8%[31]. - Current liabilities rose to CNY 7.51 billion, compared to CNY 4.68 billion, marking an increase of approximately 60.0%[31]. - The company's total equity rose to CNY 3,748,356,295.05 in Q1 2021, compared to CNY 3,581,489,447.83 in the same period last year, an increase of approximately 4.7%[35]. Cash Flow - The net cash flow from operating activities was negative at CNY -488,328,760.83, worsening by 198.30% compared to CNY -163,701,270.43 in the previous year[3]. - Cash flow from investing activities showed a net outflow of CNY -760,778,842.14, compared to CNY -31,351,318.75 in the same period last year[44]. - Cash flow from financing activities generated a net inflow of CNY 1,127,955,912.39, up from CNY 357,583,137.25 year-on-year[44]. - The company's cash and cash equivalents at the end of the period totaled CNY 1,782,064,284.10, compared to CNY 580,382,099.13 at the end of the previous year[44]. Operational Metrics - Accounts receivable increased by 74.03% to CNY 2,141,587,589.56, driven by higher sales volume and revenue growth[15]. - Inventory rose by 51.85% to CNY 2,216,547,402.31, attributed to increased production and sales scale[15]. - The company reported a 573.20% increase in taxes payable, amounting to CNY 25,018,883.60, due to a significant rise in total profit[15]. - The company expanded its short-term borrowings by 102.83% to CNY 1,489,061,042.30, to support its growing operational scale[15]. Investments and Projects - The company signed an investment contract for the Beibu Gulf Industrial Base project with a total investment of approximately 23 billion RMB[21]. - A joint venture agreement was signed for a nickel ore smelting project in Indonesia, targeting an annual production of 30,000 tons of high-nickel metal[22]. - The high-performance lithium-ion battery precursor project has a total investment of CNY 126,172.06 million, with 17.18% of the project completed as of December 31, 2022[23]. Research and Development - Research and development expenses surged by 116.33% to CNY 140,878,049.58, reflecting the company's commitment to innovation[16]. - The company plans to enhance its research and development capabilities to maintain competitive advantages in the market[20]. Risk Management - The company is actively managing foreign exchange risks due to increasing overseas sales and potential currency fluctuations[19]. - The company is addressing risks related to raw material price volatility and supply shortages by diversifying supplier channels and implementing synchronized pricing strategies[19].