凯众股份(603037) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 123.85% to CNY 22,020,762.39 year-on-year[6] - Operating revenue rose by 48.55% to CNY 128,834,911.34 compared to the same period last year[6] - Basic earnings per share increased by 110.00% to CNY 0.21[6] - The company's revenue for Q1 2021 was ¥128,834,911.34, representing a 48.55% increase compared to ¥86,726,266.52 in Q1 2020, primarily due to the impact of the pandemic in the previous year[14] - The company's net profit for Q1 2021 is expected to show significant improvement compared to the same period last year, with no major losses anticipated[15] - Net profit for Q1 2021 was ¥22,261,612.34, representing a 131.1% increase compared to ¥9,631,707.40 in Q1 2020[24] - The total comprehensive income for Q1 2021 was ¥22,320,703.56, significantly higher than ¥9,676,600.21 in Q1 2020[25] Assets and Liabilities - Total assets increased by 1.60% to CNY 978,615,161.51 compared to the end of the previous year[6] - The total assets as of March 31, 2021, amounted to ¥978,615,161.51, up from ¥963,246,947.28 at the end of 2020[20] - The company's total assets as of March 31, 2021, amounted to ¥980,065,910.74, an increase from ¥944,967,191.33 at the end of 2020[22] - The total liabilities decreased to ¥86,746,855.08 from ¥93,699,344.41, indicating improved financial stability[19] - The company's total liabilities increased to ¥104,343,119.49 from ¥90,066,896.16 in the previous year[22] - Total liabilities increased to ¥93,699,344.41 in Q1 2021 from ¥96,370,813.00 in Q1 2020[38] Cash Flow - Net cash flow from operating activities decreased by 75.92% to CNY 8,760,081.75 compared to the previous year[6] - The company's cash flow from operating activities saw an increase in tax payments by 36.74% to ¥6,556,453.63 from ¥4,794,872.22 due to higher revenue[14] - The company reported a net cash flow from operating activities of ¥8,760,081.75, down 76.0% from ¥36,376,014.50 in Q1 2020[30] - In Q1 2021, the net cash flow from operating activities was ¥4,752,874.06, a decrease of 86.8% compared to ¥35,794,856.52 in Q1 2020[33] - Total cash inflow from operating activities was ¥99,786,421.43, down 26.7% from ¥136,275,800.84 in the same period last year[33] - The net cash flow from investing activities was -¥169,160,642.43, significantly worse than -¥6,824,210.32 in Q1 2020[34] Expenses - Operating costs for Q1 2021 were ¥103,869,075.41, up 33.9% from ¥77,514,954.55 in Q1 2020[23] - The company reported a significant increase in sales expenses by 91.41% to ¥2,876,573.68 from ¥1,502,833.36, reflecting increased marketing efforts[14] - R&D expenses rose by 50.27% to ¥9,119,591.91 from ¥6,068,898.80, reflecting increased investment in innovation[14] - Research and development expenses for Q1 2021 were ¥9,119,591.91, compared to ¥6,068,898.80 in Q1 2020, indicating a 50.4% increase[24] - The company incurred a total operating cost of ¥100,043,824.76 in Q1 2021, which is a 33.2% increase from ¥75,086,615.25 in Q1 2020[26] Equity - The total equity attributable to shareholders increased to ¥890,944,310.40 from ¥868,864,456.79, indicating a positive trend in shareholder value[19] - The total equity of the company as of March 31, 2021, was ¥875,722,791.25, up from ¥854,900,295.17 at the end of 2020[23] - The company's total equity was ¥869,547,602.87, remaining stable compared to ¥868,864,456.79 in the previous year[39] Cash Management - Cash and cash equivalents decreased by 48.17% to CNY 172,573,170.26 due to timing differences in cash management[13] - The company's cash and cash equivalents decreased to ¥153,706,086.83 from ¥317,924,566.78 at the end of 2020[22] - Cash and cash equivalents at the end of Q1 2021 were ¥153,706,086.83, down from ¥283,652,044.34 at the end of Q1 2020[34] - The cash flow impact from foreign exchange fluctuations was ¥189,288.42, down from ¥788,941.21 in Q1 2020[34] Accounting Standards - The company implemented a new lease accounting standard, resulting in an adjustment of $2,671,468.59 to both assets and liabilities[44] - The company remains focused on maintaining its asset base while adhering to new accounting standards to enhance transparency[44] General Observations - The first quarter report indicates a stable financial position, with no significant changes in operational strategy or market expansion plans disclosed[45] - The company reported a significant increase in cash reserves, indicating strong liquidity and financial health[41]