惠发食品(603536) - 2021 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2021 reached RMB 299,113,286.18, an increase of 85.56% compared to RMB 161,196,086.65 in the same period last year[7] - Net profit attributable to shareholders was a loss of RMB 32,583,812.03, a decline of 106.86% from a loss of RMB 15,751,946.46 in Q1 2020[7] - Basic earnings per share were negative RMB 0.19, a decrease of 111.11% from negative RMB 0.09 in the same period last year[7] - The company reported a significant decrease in investment income, with a loss of ¥224,979.33 compared to a loss of ¥25,765.35 in the same period last year, marking a decline of 773.19%[13] - The net loss for Q1 2021 was CNY 32,844,505.17, compared to a net loss of CNY 16,567,125.18 in Q1 2020, indicating a deterioration in profitability[25] - Total comprehensive income for Q1 2021 was -¥28.09 million, compared to -¥17.89 million in Q1 2020, reflecting a decline of 57.5%[30] Cash Flow - The net cash flow from operating activities was negative RMB 36,163,181.71, compared to negative RMB 1,518,848.34 in the previous year, representing a decrease of 2,280.96%[7] - Cash flow from operating activities showed a net outflow of ¥36.16 million in Q1 2021, compared to a net outflow of ¥1.52 million in Q1 2020[32] - In Q1 2021, the company's net cash flow from operating activities was ¥37,794,698.57, a decrease of 51.1% compared to ¥77,227,100.95 in Q1 2020[34] - The company incurred cash outflows of ¥304,300,871.84 from operating activities in Q1 2021, up 14.0% from ¥266,961,544.70 in Q1 2020[34] - The net cash flow from investing activities was -¥19,873,422.56 in Q1 2021, compared to -¥17,816,687.59 in Q1 2020, indicating a worsening of 11.5%[34] - The company reported a net decrease in cash and cash equivalents of ¥23,263,208.98 in Q1 2021, contrasting with an increase of ¥47,726,021.80 in Q1 2020[35] Assets and Liabilities - Total assets at the end of the reporting period were RMB 1,450,129,144.87, up 2.04% from RMB 1,421,125,739.60 at the end of the previous year[7] - Total liabilities increased to ¥793,578,495.78 from ¥741,586,728.23, reflecting a rise in short-term borrowings[18] - Total assets as of March 31, 2021, amounted to CNY 1,174,037,139.13, slightly up from CNY 1,173,124,149.67 at the end of 2020[21] - Total liabilities as of March 31, 2021, were CNY 679,965,917.86, compared to CNY 660,970,054.28 at the end of 2020, showing an increase of approximately 2.0%[21] - The company’s equity decreased to CNY 494,071,221.27 as of March 31, 2021, down from CNY 512,154,095.39 at the end of 2020, a decline of about 3.5%[22] Operating Costs and Expenses - Operating costs rose to ¥252,199,911.59, reflecting an 87.07% increase from ¥134,812,511.71 year-over-year[13] - Total operating costs for Q1 2021 were CNY 338,062,769.97, compared to CNY 183,123,454.84 in Q1 2020, reflecting an increase of about 84.8%[24] - Research and development expenses increased by 52.40% to ¥4,718,489.50, up from ¥3,096,082.33 in Q1 2020[13] - The company incurred R&D expenses of CNY 4,718,489.50 for Q1 2021, compared to CNY 3,096,082.33 in Q1 2020, representing an increase of approximately 52.3%[24] - The company reported a significant increase in sales expenses, which rose to ¥18.93 million in Q1 2021 from ¥10.59 million in Q1 2020, a 78.5% increase[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 10,169[11] - The largest shareholder, Shandong Huifa Investment Co., Ltd., held 31.33% of the shares, with 53,848,266 shares pledged[11]