Financial Performance - Revenue for the three months ended March 31, 2021, was RMB 63,125,000, an increase of 30.2% compared to RMB 48,489,000 for the same period in 2020[3] - Gross profit for the same period was RMB 14,486,000, representing a gross margin of 22.9%, up from RMB 11,484,000 in 2020[3] - Profit before tax increased to RMB 4,947,000, a rise of 16.4% from RMB 4,252,000 in the previous year[3] - Net profit for the period was RMB 3,835,000, compared to RMB 3,362,000 in the same period last year, reflecting a growth of 14.0%[3] - Basic and diluted earnings per share for the period were RMB 0.48, up from RMB 0.42 in the previous year[3] - The company reported a total comprehensive income of RMB 3,866,000 for the period, compared to RMB 4,286,000 in the same period of 2020[3] - Total revenue for the first quarter of 2021 was approximately RMB 63,125,000, an increase of about RMB 14,636,000 or 30.2% compared to RMB 48,489,000 in the same period of 2020[25] - Profit for the period was approximately RMB 3,835,000, an increase of about RMB 473,000 or 14.1% compared to RMB 3,362,000 in the same period of 2020[25] Revenue Breakdown - Revenue from the sale of inflatable products and related accessories was RMB 62,655,000, an increase from RMB 48,056,000 in the previous year[14] - Revenue from inflatable amusement products with fans was approximately RMB 54,748,000, an increase of about RMB 16,196,000 or 42.0%, accounting for about 86.7% of total revenue[27] Expenses - Sales cost for the period was approximately RMB 48,639,000, an increase of about RMB 11,634,000 or 31.4% compared to RMB 37,005,000 in the same period of 2020[30] - Distribution and selling expenses totaled approximately RMB 4,544,000, an increase of about RMB 759,000 or 20.1% compared to RMB 3,785,000 in the same period of 2020[33] - Administrative expenses were approximately RMB 4,537,000, an increase of about RMB 1,245,000 or 37.8% compared to RMB 3,292,000 in the same period of 2020[34] Corporate Developments - The company has identified one operating segment, which is the manufacturing and sale of inflatable products and related accessories[12] - The company continues to focus on the manufacturing and sales of inflatable products, with no additional segments reported for further analysis[13] - The new SMS non-woven fabric production line began trial production and sales in the first quarter, expected to positively impact long-term development[26] - The company has established a new factory in Yongzhou, Hunan Province, which began production in the first quarter of 2021, expected to contribute to revenue and profit in the long term[25] Shareholder Information - As of March 31, 2021, Mr. Li Jianji held 172,244,000 shares, representing 21.53% of the company's ordinary shares[38] - Nonton held 427,756,000 shares, accounting for 53.47% of the company's ordinary shares[41] - The company has not granted any options under the share option scheme since its adoption on November 15, 2017[45] Governance and Compliance - The audit committee, consisting of three independent non-executive directors, reviewed the financial performance and confirmed compliance with applicable accounting standards[52] - The company did not purchase, sell, or redeem any of its securities during the period[49] - The company has adhered to the corporate governance code as per GEM listing rules[50] - There were no competitive or conflict of interest activities reported by directors or major shareholders during the period[46] Dividends - The company did not recommend any interim dividend for the period ending March 31, 2021[24] - The board of directors did not recommend any interim dividend for the period[38] Product Development - The company has not proposed any new products or technologies in this report[40]
中国口腔产业(08406) - 2021 Q1 - 季度财报