惠达卫浴(603385) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue rose by 43.14% to CNY 709,331,377.03 from CNY 495,538,698.90 in the same period last year[5] - Net profit attributable to shareholders increased by 25.48% to CNY 27,265,067.55 compared to CNY 21,728,394.98 in the previous year[5] - Basic and diluted earnings per share improved by 35.94% to CNY 0.1059 from CNY 0.0779[5] - The company reported a 46.61% increase in operating costs to ¥513,610,598.09, mainly due to higher sales volume[13] - Total revenue for Q1 2021 reached ¥709,331,377.03, a 43.2% increase from ¥495,538,698.90 in Q1 2020[30] - Net profit for Q1 2021 was ¥42,578,421.73, representing a 58.8% increase compared to ¥26,792,607.94 in Q1 2020[31] Assets and Liabilities - Total assets increased by 9.08% to CNY 6,163,004,910.51 compared to the end of the previous year[5] - The total liabilities of the company were CNY 2,272,975,874.58, up from CNY 1,804,310,347.51, marking an increase of around 25.92%[24] - The company's equity attributable to shareholders was CNY 3,731,489,619.24, compared to CNY 3,689,510,901.02 at the end of 2020, showing a slight increase of about 1.14%[24] - The company's current assets reached CNY 4,004,628,581.48, up from CNY 3,609,016,675.01 at the end of 2020, indicating an increase of about 10.95%[22] - Total liabilities for Q1 2021 were ¥1,929,404,126.69, an increase from ¥1,674,647,704.21 in Q1 2020[28] Cash Flow - The net cash flow from operating activities was negative at CNY -107,722,056.04, compared to CNY -1,103,024.51 in the same period last year[5] - The net cash flow from financing activities was positive at ¥572,195,973.60, resulting from increased borrowings[14] - The cash flow from operating activities showed a net outflow of CNY 107.72 million, compared to a net outflow of CNY 1.10 million in Q1 2020[36] - The company's financing activities generated a net cash inflow of CNY 572.20 million in Q1 2021, compared to CNY 339.11 million in Q1 2020[37] Shareholder Information - The total number of shareholders reached 19,202 by the end of the reporting period[9] - The largest shareholder, Wang Huiwen, holds 17.64% of the shares, totaling 66,982,269 shares[9] Research and Development - Research and development expenses surged by 84.59% to ¥34,593,308.15, attributed to the expansion of R&D projects[13] - Research and development expenses increased significantly to CNY 30.86 million, representing an increase of 81.5% from CNY 17.02 million in Q1 2020[33] Government Subsidies and Non-Operating Income - The company received government subsidies amounting to CNY 5,532,615.55, which are closely related to its normal business operations[8] - Non-operating income and expenses resulted in a net gain of CNY 12,966,067.65 for the period[8]