老白干酒(600559) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 14.59% to CNY 56,145,225.48 year-on-year[7] - Operating revenue slightly declined by 0.26% to CNY 754,476,400.80 compared to the same period last year[7] - Basic earnings per share fell by 14.29% to CNY 0.06 compared to the same period last year[7] - Net profit for Q1 2021 was CNY 57,197,769.22, down 13.0% from CNY 65,743,925.23 in Q1 2020[25] - Earnings per share for Q1 2021 was CNY 0.06, compared to CNY 0.07 in Q1 2020[26] - The total operating profit improved to a loss of CNY 4.14 million, compared to a loss of CNY 30.90 million in the same quarter last year[28] Assets and Liabilities - Total assets increased by 6.69% to CNY 6,897,915,513.01 compared to the end of the previous year[7] - The company's total liabilities increased to ¥3,370,553,243.20 from ¥2,993,960,869.22, indicating a rise in financial obligations[20] - Total equity attributable to shareholders reached ¥3,520,264,792.02, up from ¥3,465,109,286.05 in the previous year[21] - Total assets as of March 31, 2021, amounted to ¥6,897,915,513.01, compared to ¥6,465,115,089.32 at the end of 2020[20] - Total liabilities remained stable at CNY 1,185,456,284.79, a slight increase from CNY 1,184,179,305.34 at the end of 2020[23] Cash Flow - Cash flow from operating activities turned positive with a net amount of CNY 310,568,104.53, a significant improvement from a negative cash flow of CNY -309,535,197.13 in the previous year[7] - The net cash flow from operating activities was negative at CNY -57,660,325.72, contrasting with a positive CNY 28,170,759.48 in the same period last year[32] - The cash inflow from investment activities amounted to CNY 215,252,082.80, with a net cash flow of CNY 97,939,650.65, compared to a negative CNY -26,224,638.00 in Q1 2020[32] - Cash and cash equivalents decreased to ¥924,262,065.90 from ¥1,142,685,424.85, reflecting a reduction in liquidity[19] - The company reported a net cash outflow from investing activities of CNY 495.37 million, worsening from a net outflow of CNY 48.38 million in Q1 2020[30] Research and Development - Research and development expenses surged by 125.46% to CNY 5,039,813.95 in the first quarter compared to the previous year[12] - Research and development expenses increased significantly to CNY 5,039,813.95, up 125.4% from CNY 2,235,384.03 in Q1 2020[25] - The company incurred research and development expenses of CNY 3.71 million, an increase of 66.06% from CNY 2.24 million in Q1 2020[28] Market Challenges and Strategies - The company faced challenges in sales due to COVID-19 restrictions in key markets like Shijiazhuang and Xingtai, impacting overall performance[14] - The company plans to implement proactive sales strategies to mitigate the adverse effects of the pandemic on its business[14] Shareholder Information - The number of shareholders reached 225,440 by the end of the reporting period[9]