爱普股份(603020) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue rose by 41.18% to CNY 820,217,652.95, driven by growth in the ingredient and flavor business[13] - Net profit attributable to shareholders increased by 78.86% to CNY 60,712,339.14, reflecting strong business growth and improved gross margin[6] - Basic earnings per share increased by 78.79% to CNY 0.1897[6] - Total revenue for Q1 2021 reached CNY 820,217,652.95, a 41.2% increase from CNY 580,961,647.55 in Q1 2020[24] - Operating profit for Q1 2021 was CNY 98,451,250.12, up 100% from CNY 49,195,601.90 in Q1 2020[25] - Net profit for Q1 2021 was CNY 77,275,028.93, representing a 97.8% increase compared to CNY 39,008,607.17 in Q1 2020[25] - Earnings per share for Q1 2021 were CNY 0.1897, compared to CNY 0.1061 in Q1 2020, reflecting an increase of 78.3%[26] Asset and Liability Management - Total assets increased by 5.91% to CNY 2,955,670,199.97 compared to the end of the previous year[6] - Total liabilities were CNY 427,802,197.28, compared to CNY 365,125,320.45 at the end of 2020, marking an increase of about 17.2%[17] - The company's equity attributable to shareholders rose to CNY 2,283,372,010.06 from CNY 2,223,442,925.73, a growth of approximately 2.7%[17] - Total assets as of the end of Q1 2021 amounted to CNY 2,363,284,260.69, up from CNY 2,271,931,238.95 at the end of Q1 2020[22] - Total liabilities increased to CNY 184,469,006.39 in Q1 2021 from CNY 122,267,647.70 in Q1 2020, marking a 50.8% rise[22] Cash Flow and Investments - Net cash flow from operating activities surged by 1,892.55% to CNY 33,170,334.41, attributed to increased cash receipts from sales[13] - Cash flow from operating activities for Q1 2021 was RMB 33,170,334.41, a significant increase from RMB 1,664,720.96 in Q1 2020[33] - The company received RMB 840,000,000.00 from investment recoveries in Q1 2021, up from RMB 525,800,000.00 in Q1 2020[34] - The total cash outflow from investing activities in Q1 2021 was RMB 918,930,558.31, compared to RMB 515,510,311.51 in Q1 2020[34] - The net cash flow from financing activities in Q1 2021 was RMB 10,213,992.60, recovering from a negative cash flow of RMB -2,042,541.65 in Q1 2020[34] Shareholder and Market Engagement - The number of shareholders reached 21,531, indicating a broadening investor base[9] - The company plans to continue expanding its market presence and investing in new product development[11] - Future outlook remains positive with expectations of continued market expansion and potential strategic acquisitions to enhance growth[15] Research and Development - Research and development expenses for Q1 2021 were CNY 11,418,098.99, up from CNY 8,746,058.96 in Q1 2020, indicating a 30.4% increase[24] - Research and development expenses increased to RMB 7,550,990.44 in Q1 2021, up from RMB 6,870,733.68 in Q1 2020, indicating a focus on innovation[29] Inventory and Current Assets - Current assets totaled CNY 2,128,009,984.16, up from CNY 2,018,199,604.44 at the end of 2020, indicating an increase of about 5.5%[15] - Inventory increased to CNY 534,178,420.15 from CNY 427,131,822.22, reflecting a rise of approximately 25%[15] - Accounts receivable increased to CNY 483,839,600.90 from CNY 472,899,155.55, showing a growth of approximately 2.9%[15] Financial Ratios and Returns - The weighted average return on equity improved by 1.09 percentage points to 2.69%[6]