水星家纺(603365) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 91.12% to CNY 78,888,717.12 year-on-year[6] - Operating revenue increased by 49.14% to CNY 717,862,171.22 compared to the same period last year[6] - Basic earnings per share doubled to CNY 0.30 from CNY 0.15 year-on-year[6] - The total profit for Q1 2021 was CNY 95,874,651.25, an increase of 83.0% compared to CNY 52,376,021.29 in Q1 2020[28] - The net profit for Q1 2021 was CNY 78,888,717.12, representing a 91.1% increase from CNY 41,276,506.13 in Q1 2020[28] Revenue and Costs - Revenue for Q1 2021 reached ¥717,862,171.22, an increase of 49.14% compared to ¥481,330,586.87 in the previous period[13] - Operating costs rose to ¥450,882,741.22, reflecting a 49.81% increase from ¥300,963,980.88 in the prior period[13] - Total operating costs for Q1 2021 were ¥637,380,659.59, up 41.1% from ¥452,059,127.79 in Q1 2020[26] Assets and Liabilities - Total assets increased by 1.97% to CNY 3,064,372,371.16 compared to the end of the previous year[6] - Total liabilities decreased to ¥198,586,176.20 from ¥350,573,688.41, a reduction of 43.3%[24] - The total assets as of March 31, 2021, amounted to ¥3,064,372,371.16, compared to ¥3,005,174,649.63 at the end of 2020[19] - The company's total liabilities increased to 643,990,181.86 RMB as of January 1, 2021, up by 17,138,246.11 RMB from the previous period[42] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 94,900,263.23, an improvement from a net outflow of CNY 124,579,500.13 in the previous year[6] - The company reported a cash inflow from operating activities of CNY 949,167,714.30 in Q1 2021, compared to CNY 572,205,960.65 in Q1 2020[33] - The net cash flow from operating activities was negative CNY 94,900,263.23 in Q1 2021, an improvement from negative CNY 124,579,500.13 in Q1 2020[33] Shareholder Information - The total number of shareholders reached 9,713 by the end of the reporting period[10] - The total equity attributable to shareholders was CNY 2,001,362,223.68, with retained earnings of CNY 729,204,780.90[47] Research and Development - The company plans to continue investing in research and development, with R&D expenses for Q1 2021 at ¥11,643,972.79, slightly up from ¥11,261,252.11 in Q1 2020[26] - Research and development expenses for Q1 2021 were CNY 9,683,929.75, slightly down from CNY 10,175,638.53 in Q1 2020[31] Government Support - The company received government subsidies amounting to CNY 5,534,242.93 during the reporting period[8] Inventory and Receivables - Accounts receivable decreased by 32.96% to CNY 191,879,035.77 compared to the previous year-end[12] - The company reported an increase in inventory to ¥312,803,587.84, up 19.2% from ¥262,636,429.46[23]