国茂股份(603915) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue surged by 93.59% to CNY 642,202,421.19 year-on-year[12] - Net profit attributable to shareholders rose by 145.38% to CNY 79,433,393.79 compared to the same period last year[12] - Basic earnings per share increased by 142.86% to CNY 0.17 per share[12] - The company reported a net profit excluding non-recurring gains and losses of CNY 76,937,211.68, up 157.90% year-on-year[12] - The company's operating revenue for Q1 2021 was RMB 642,202,421.19, representing a 93.59% increase compared to RMB 331,733,999.90 in Q1 2020, primarily due to reduced sales during the pandemic in the previous year[26] - The net profit for Q1 2021 reached RMB 79,643,044.99, a significant increase of 144.58% from RMB 32,562,590.18 in Q1 2020[27] - Total operating revenue for Q1 2021 reached ¥642,202,421.19, a significant increase of 93.5% compared to ¥331,733,999.90 in Q1 2020[50] - The total profit for Q1 2021 was ¥93,144,781.46, significantly higher than ¥37,278,178.11 in Q1 2020, marking a growth of 150.0%[56] Cash Flow - Net cash flow from operating activities improved significantly to CNY 17,807,858.10 from a negative CNY 47,772,234.12 in the previous year[12] - The net cash flow from operating activities improved to RMB 17,807,858.10 in Q1 2021, compared to a negative RMB 47,772,234.12 in Q1 2020, mainly due to increased net profit[29] - Operating cash inflow totaled CNY 584,506,653.65, an increase from CNY 388,649,084.21 year-over-year[60] - Operating cash outflow amounted to CNY 566,698,795.55, compared to CNY 436,421,318.33 in the previous year[60] - Cash flow from financing activities resulted in a net outflow of CNY 21,497,726.05, indicating a decrease in cash reserves[63] Assets and Liabilities - Total assets increased by 4.90% to CNY 4,199,345,965.91 compared to the end of the previous year[12] - Cash and cash equivalents increased by 53.39% to RMB 690,385,714.70 as of March 31, 2021, up from RMB 450,097,270.78 a year earlier, mainly due to accumulated operating cash flow[21] - Accounts receivable increased dramatically by 3,134.61% to RMB 21,210,065.11 from RMB 655,721.80, attributed to the establishment of a subsidiary in August 2020[21] - Inventory rose by 50.95% to RMB 589,989,293.90, driven by rising inventory prices and an increase in orders on hand[23] - The total liabilities increased, with accounts payable rising by 73.40% to RMB 425,260,120.80, reflecting increased inventory purchases[23] - The company's total liabilities reached RMB 1,562,916,527.64, compared to RMB 1,462,663,860.89 at the end of 2020, reflecting an increase of about 6.8%[40] - The company's total equity attributable to shareholders was RMB 2,629,056,252.57, up from RMB 2,533,179,311.76, indicating a growth of approximately 3.8%[40] Shareholder Information - The total number of shareholders reached 9,924 by the end of the reporting period[18] - The largest shareholder, Guomao Reducer Group Co., Ltd., holds 50.45% of the shares[18] Research and Development - Research and development expenses for Q1 2021 were RMB 23,080,538.83, a 104.14% increase from RMB 11,306,175.69 in Q1 2020, reflecting normal project activities and increased investment[26] - Research and development expenses in Q1 2021 amounted to ¥23,080,538.83, an increase of 104.3% from ¥11,306,175.69 in Q1 2020[50] Future Outlook - The company has not disclosed specific future outlook or new product developments in this report[12]