002450SZSE

Full Text of the First Quarter Report for 2021

Kangde Tui Co., Ltd.··31 pages

✨ AI Summary

The report outlines the financial performance of Kangde Xin Composite Materials Group Co., Ltd. for Q1 2021. Key figures include a 52.39% increase in revenue to approximately 340.91 million yuan, while net profit attributable to shareholders decreased by 30.54% to about -279.27 million yuan. The company also faced significant legal and financial challenges, including a decision to delist its shares from the Shenzhen Stock Exchange.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Section 1: Important Notice

The Board of Directors, Supervisory Board, and senior management of the company guarantee that the contents of the quarterly report are true, accurate, and complete, with no false records, misleading statements, or major omissions, and bear individual and joint legal responsibility. Except for the following directors, all other directors attended the board meeting to review this quarterly report in person.

Name of Non-Attending DirectorPositionReason for AbsenceProxy Name
Wang XiaonanIndependent DirectorDue to work reasonsLiang Zhendong
Feng WenshuCompany Leader--
Zhao JunHead of Accounting--

Section 2: Company Overview

1. Main Accounting Data and Financial Indicators

Does the company need to restate or adjust previous years' accounting data? □ Yes √ No

ItemCurrent PeriodSame Period Last YearChange (%)
Operating Revenue (yuan)340,909,416.21223,702,880.6052.39%
Net Profit Attributable to Shareholders (yuan)-279,265,466.31-213,930,967.34-30.54%
Net Profit Attributable to Shareholders Excluding Non-Recurring Gains and Losses (yuan)-214,489,322.95-211,417,587.65-1.45%
Net Cash Flow from Operating Activities (yuan)-8,066,008.41-71,137,179.8188.66%
Basic Earnings per Share (yuan/share)-0.08-0.06-32.16%
Diluted Earnings per Share (yuan/share)-0.08-0.06-32.16%
At the end of the current periodAt the end of last yearChange (%)
Total Assets (yuan)8,062,735,720.978,101,087,033.11
Net Assets Attributable to Shareholders (yuan)-9,644,389,946.84-9,363,253,142.82

2. Total Number of Shareholders and Shareholding of Top Ten Shareholders

ItemValue
Total Number of Common Shareholders133,142
Total Number of Preferred Shareholders with Voting Rights Restored0

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.