太和水(605081) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 15.87% to CNY 7,046,122.97 compared to the same period last year[5] - Operating revenue rose by 13.54% to CNY 45,783,672.86 compared to the previous year[5] - Basic earnings per share increased by 36.36% to CNY 0.15 compared to the previous year[5] - Total revenue for Q1 2021 was CNY 45,783,672.86, an increase of 13.8% compared to CNY 40,324,216.17 in Q1 2020[24] - Operating profit for Q1 2021 was CNY 6,644,622.76, slightly down from CNY 6,850,849.62 in Q1 2020, reflecting a decrease of 3.0%[24] - Net profit for Q1 2021 reached CNY 10,450,771.05, a significant increase of 61.5% from CNY 6,496,948.08 in Q1 2020[25] - Basic earnings per share for Q1 2021 was CNY 0.15, up from CNY 0.11 in Q1 2020, representing a growth of 36.4%[25] - The company reported a total profit of CNY 10,638,070.90 for Q1 2021, compared to CNY 7,339,918.97 in Q1 2020, marking an increase of 45.5%[25] Assets and Liabilities - Total assets increased by 55.8% to CNY 1,978,355,382.53 compared to the end of the previous year[5] - The company's net assets attributable to shareholders increased by 81.51% to CNY 1,758,652,030.79 compared to the end of the previous year[5] - The company's total current assets reached CNY 1,695,079,682.87, compared to CNY 1,048,468,904.58 at the end of 2020, indicating a rise of about 61.5%[17] - The total liabilities decreased to CNY 219,703,351.74 from CNY 300,907,417.83, reflecting a reduction of about 26.9%[19] - The company's equity attributable to shareholders rose to CNY 1,758,652,030.79, up from CNY 968,912,566.85, which is an increase of approximately 81.5%[19] - Total liabilities decreased to CNY 319,369,117.71 in Q1 2021 from CNY 392,822,396.02 in Q1 2020, a reduction of 18.6%[23] - The company’s short-term borrowings decreased to CNY 3,000,000 from CNY 3,500,000, a reduction of about 14.3%[19] - The total liabilities to equity ratio improved, reflecting a stronger financial position as the company continues to manage its debt effectively[19] Cash Flow - The net cash flow from operating activities decreased by 46.34% to CNY -87,770,043.13 compared to the same period last year[5] - In Q1 2021, the company reported a net cash flow from operating activities of -87,770,043.13 RMB, compared to -59,978,090.86 RMB in Q1 2020, indicating a decline in operational cash flow[30] - Total cash inflow from operating activities was 54,873,846.60 RMB, down from 73,000,048.29 RMB in the same period last year, reflecting a decrease of approximately 25.1%[30] - The company experienced a significant increase in cash inflow from financing activities, totaling 796,106,733.11 RMB, compared to no inflow in Q1 2020[33] - The net increase in cash and cash equivalents for the period was 641,713,643.17 RMB, contrasting with a decrease of -59,813,775.57 RMB in Q1 2020[31] - The total cash and cash equivalents at the end of Q1 2021 reached 890,070,055.95 RMB, a significant increase from 181,705,467.46 RMB at the end of Q1 2020[31] Expenses - Research and development expenses increased to CNY 5,734,261.28 in Q1 2021, up 68.4% from CNY 3,403,894.49 in Q1 2020[24] - Operating costs for Q1 2021 were CNY 39,122,976.86, an increase of 17.3% from CNY 33,361,963.16 in Q1 2020[24] - The company paid 35,282,035.88 RMB in employee compensation during Q1 2021, compared to 32,335,483.82 RMB in Q1 2020, marking an increase of approximately 9.1%[30] - Cash paid for purchasing goods and services was 73,287,862.79 RMB in Q1 2021, up from 58,821,441.44 RMB in Q1 2020, indicating a rise of about 24.6%[30] Inventory and Receivables - Accounts receivable as of March 31, 2021, were CNY 466,374,297.11, slightly down from CNY 478,616,002.95 at the end of 2020, a decrease of about 2.6%[17] - The company reported a total inventory of CNY 7,791,093.34, which is comparable to CNY 7,585,384.20 at the end of 2020, showing a marginal increase of about 2.7%[17] Investments - The company reported a total cash outflow from investing activities of 63,523,409.37 RMB in Q1 2021, compared to 449,824.72 RMB in Q1 2020, showing a substantial increase in investment expenditures[33] Other Information - The number of shareholders reached 16,704 by the end of the reporting period[10] - Non-recurring gains and losses totaled CNY 3,404,648.08 for the reporting period[8] - The company experienced a decrease of 0.02 percentage points in the weighted average return on net assets to 0.77%[5] - The company raised funds through an IPO, leading to significant changes in cash and capital reserves[12] - The company’s total comprehensive income for the period was not disclosed in the provided documents, indicating a need for further analysis on overall performance metrics[28]