大丰实业(603081) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥65,720,376.52, representing a 70.70% increase year-on-year[5]. - Operating revenue for the period was ¥422,153,172.80, marking a 47.88% increase compared to the same period last year[5]. - Basic earnings per share rose to ¥0.16, a 60.00% increase from ¥0.10 in the previous year[5]. - The company reported a 140.77% increase in income tax expenses, amounting to CNY 13,384,185.70, due to higher profits[14]. - Net profit for Q1 2021 was ¥65,058,658.57, compared to ¥37,785,770.71 in Q1 2020, representing a 72% increase[25]. - Operating profit for Q1 2021 reached 77,556,281.72 RMB, compared to 32,072,300.57 RMB in the same period last year, indicating an increase of about 142%[28]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,181,698,613.91, an increase of 0.45% compared to the end of the previous year[5]. - Total liabilities decreased to CNY 2,791,253,672.66 from CNY 2,836,926,993.86, a reduction of about 1.6%[20]. - Current assets decreased to CNY 3,427,488,178.08 from CNY 3,566,177,190.09, a decline of about 3.9%[19]. - Non-current assets increased to CNY 1,754,210,435.83 from CNY 1,592,422,166.00, representing an increase of approximately 10.2%[19]. - Total cash and cash equivalents at the end of Q1 2021 were 565,212,173.47 RMB, compared to 536,868,167.38 RMB at the end of Q1 2020[31]. Cash Flow - Net cash flow from operating activities was negative at -¥151,667,636.38, a significant decline compared to ¥6,892,780.00 in the same period last year, representing a decrease of 2,300.38%[5]. - Cash inflow from operating activities was 654,476,557.25 RMB, up from 558,123,009.59 RMB in Q1 2020, reflecting a growth of approximately 17%[29]. - Cash outflow from operating activities totaled 806,144,193.63 RMB, compared to 551,230,229.59 RMB in Q1 2020, resulting in a net cash flow from operating activities of -151,667,636.38 RMB[30]. - Total cash inflow from investment activities was 100,607,752.85 RMB, while cash outflow was 123,598,387.12 RMB, resulting in a net cash flow of -22,990,634.27 RMB, compared to -57,577,074.20 RMB last year, showing an improvement of approximately 60%[33]. Shareholder Information - The total number of shareholders at the end of the reporting period was 14,410[11]. - The top shareholder, Fenghua, holds 95,884,600 shares, accounting for 23.86% of the total shares[11]. - Shareholders' equity rose to CNY 2,390,444,941.25 from CNY 2,321,672,362.23, indicating an increase of approximately 2.96%[21]. Operational Costs and Expenses - The cost of goods sold increased by 40.02% to CNY 273,693,968.27, driven by the growth in operating revenue[14]. - Research and development expenses rose by 36.72% to CNY 33,109,772.06, reflecting increased investment in R&D[14]. - Other operating expenses increased by 52.22% to CNY 79,970,206.37, reflecting higher operational costs[15]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[24]. - The company is focusing on improving cash flow management and reducing cash outflows in investment and financing activities to enhance overall financial health[33].