迎丰股份(605055) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders reached CNY 24,406,233.89, a significant turnaround from a loss of CNY 745,231.96 in the same period last year[5] - Operating revenue surged by 69.89% to CNY 150,898,202.30 compared to CNY 88,819,442.71 in the previous year[5] - The net profit after deducting non-recurring gains and losses increased by 272.52% to CNY 5,320,584.23 compared to CNY 1,428,249.81 in the previous year[5] - Basic earnings per share improved to CNY 0.06 from a loss of CNY 0.002 in the same period last year[7] - Net profit for Q1 2021 was ¥24,406,233.89, compared to a net loss of ¥745,231.96 in Q1 2020, indicating a turnaround in profitability[26] - The total comprehensive income for Q1 2021 was ¥24,406,233.89, contrasting with a loss of ¥745,231.96 in the same period last year[31] Revenue and Costs - Operating costs increased to ¥125,363,271.99, reflecting a 68.89% rise from ¥74,225,981.48 due to higher sales volume[14] - Total operating revenue for Q1 2021 reached ¥150,898,202.30, a significant increase of 69.9% compared to ¥88,819,442.71 in Q1 2020[25] - Operating costs for Q1 2021 were ¥145,403,160.04, up from ¥86,875,180.46 in Q1 2020, reflecting a growth of 67.5%[25] Cash Flow - Net cash flow from operating activities improved to CNY 9,449,022.51, a recovery from a negative cash flow of CNY 10,625,061.71 in the same period last year[5] - The company's operating cash flow for Q1 2021 was ¥9,449,022.51, recovering from a negative cash flow of ¥10,625,061.71 in Q1 2020[33] - Cash inflow from operating activities totaled ¥240,348,533.96, up 102.6% from ¥118,561,064.28 in the same period last year[36] - Cash outflow from operating activities was ¥232,933,570.57, which is a significant increase from ¥88,855,270.07 in Q1 2020[36] Assets and Liabilities - Total assets increased by 19.96% to CNY 1,931,907,788.02 compared to the end of the previous year[5] - The company’s total liabilities decreased to ¥840,393,606.02 from ¥870,392,448.69, indicating improved financial stability[19] - The company's equity attributable to shareholders rose to ¥1,089,131,096.71, up from ¥737,773,595.51 at the end of 2020, marking an increase of 47.7%[22] Shareholder Information - The total number of shareholders reached 32,596, indicating a broadening of the shareholder base[11] - The largest shareholder, Zhejiang Zheyu Holdings Co., Ltd., holds 49.61% of the shares, indicating significant ownership concentration[11] Research and Development - Research and development expenses rose by 63.28% to ¥6,417,402.60, up from ¥3,930,302.00, indicating increased investment in R&D projects[14] - Research and development expenses for Q1 2021 were ¥6,417,402.60, compared to ¥3,930,302.00 in Q1 2020, reflecting a growth of 63.3%[26] Government Subsidies - The company received government subsidies amounting to CNY 22,020,813.90, contributing to the non-recurring gains[9] - Other income skyrocketed by 1338.37% to ¥22,020,813.90, primarily due to government subsidies received during the period[14] - The company reported a significant increase in other income to ¥22,020,813.90 in Q1 2021, compared to ¥1,530,960.42 in Q1 2020[26] Investment Activities - The company raised ¥356,467,924.53 from investment activities in Q1 2021, compared to no funds raised in the same period last year[33] - The cash flow from financing activities included ¥356,467,924.53 from investment absorption, which was not reported in the previous year[37]