华孚时尚(002042) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥3,844,540,972.24, representing a 66.72% increase compared to ¥2,306,051,643.44 in the same period last year[10] - Net profit attributable to shareholders was ¥131,213,682.07, a significant turnaround from a loss of ¥30,441,948.56 in the previous year, marking a 531.03% increase[10] - The net profit after deducting non-recurring gains and losses was ¥58,360,163.57, compared to a loss of ¥68,231,832.91 last year, reflecting a 185.53% improvement[10] - Basic and diluted earnings per share were both ¥0.09, a significant increase from a loss of ¥0.02 per share in the same period last year, representing a 531.80% improvement[10] - The weighted average return on equity was 2.27%, up from -0.48% in the previous year, indicating a 2.75% increase[10] - The company reported a net profit of approximately ¥2.32 billion in retained earnings, up from ¥2.09 billion, reflecting a growth of 10.06%[52] - Net profit for the period was ¥140,285,276.81, a turnaround from a net loss of ¥34,123,531.88 in the same period last year[68] Cash Flow - The net cash flow from operating activities increased by 142.83% to ¥911,244,090.68 from ¥375,254,214.61 in the previous year[10] - The company's net cash flow from operating activities for the period was ¥911,244,090.68, an increase of 142.83%, primarily due to increased sales and reduced inventory[26] - Cash inflow from operating activities totaled ¥1,342,034,858.71, an increase of approximately 31.8% from ¥1,017,694,456.17 in the prior period[86] - Cash flow from operating activities showed a net outflow of ¥94,259,264.82, an improvement from the previous period's outflow of ¥197,394,781.35[86] - The company generated cash inflows from operating activities totaling approximately ¥4.45 billion, compared to ¥2.55 billion in the previous period[83] Assets and Liabilities - Total assets at the end of the reporting period were ¥17,004,390,175.93, a decrease of 3.44% from ¥17,610,075,576.16 at the end of the previous year[10] - Total current assets amounted to approximately ¥10.13 billion, a decrease of 3.87% from ¥10.54 billion as of December 31, 2020[44] - Total non-current assets decreased to approximately ¥6.88 billion from ¥7.07 billion, a decline of 2.73%[47] - Total liabilities decreased to approximately ¥10.83 billion from ¥11.62 billion, a decline of 6.77%[50] - Total current liabilities decreased to approximately ¥9.82 billion from ¥10.67 billion, a reduction of 7.95%[50] - The company's total liabilities decreased by 31.67% in accounts payable, primarily due to the maturity of notes payable[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,798, with the largest shareholder, Huafu Holdings Co., Ltd., holding 34.27% of the shares[15] - Net assets attributable to shareholders increased by 2.78% to ¥5,778,538,081.37 from ¥5,622,219,847.15 at the end of the previous year[10] - The total equity attributable to shareholders increased to approximately ¥5.78 billion from ¥5.62 billion, an increase of 2.93%[52] Operating Costs and Expenses - Total operating costs amounted to ¥3,772,854,886.63, compared to ¥2,380,061,843.65 in the prior year, indicating an increase of about 58.5%[65] - Research and development expenses were ¥28,762,967.77, up from ¥22,725,228.36, reflecting a year-over-year increase of approximately 26.5%[65] - The company reported a significant decrease in financial expenses, with interest expenses dropping to ¥39,371,134.29 from ¥61,331,889.51, a reduction of about 35.8%[65] Future Outlook - The company anticipates a basic earnings per share of ¥0.14, down from ¥0.21 in the previous year, reflecting a strategic shift in market and product structure[35] - The net profit attributable to shareholders is expected to be significantly lower than the previous year's figure of ¥32,000,000, indicating a strategic adjustment in operations[35] - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[84]