中银绒业(000982) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥124,224,720.50, representing a 438.55% increase compared to ¥23,066,474.46 in the same period last year[9] - The net profit attributable to shareholders for Q1 2021 was ¥10,520,047.15, a 511.10% increase from ¥1,721,505.64 in the previous year[9] - The company reported a net profit excluding non-recurring gains and losses of ¥11,644,382.38, which is a 234.03% increase from ¥3,485,995.74 in the same period last year[9] - The total comprehensive income for the current period was CNY 10,835,970.30, compared to CNY 2,813,090.14 in the prior period, marking an increase of around 285.5%[64] - The company has shown a strong improvement in operating profit, which reached CNY 10,507,953.43, compared to CNY 1,730,556.17 in the previous period, indicating a growth of approximately 507.5%[60] - The net profit for the current period is 11,835,840.32, compared to a net loss of -3,514,606.68 in the previous period, indicating a significant turnaround[68] Cash Flow - The net cash flow from operating activities reached ¥60,855,427.78, marking a significant improvement of 652.70% from -¥11,010,494.14 in Q1 2020[9] - Cash inflow from operating activities amounts to 70,439,089.12, a substantial increase from 12,071,054.54 in the previous period[72] - The net cash flow from investing activities is -412,817,629.09, a decline from -13,110,760.51 in the previous period, suggesting a strategic focus on growth through investments[78] - The company has shown a significant improvement in cash flow management, with a net increase in cash and cash equivalents of -399,856,240.07 compared to an increase of 103,240,970.45 in the previous period[78] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,161,725,469.90, a decrease of 6.23% from ¥1,238,886,856.84 at the end of the previous year[9] - The total liabilities amounted to CNY 63,757,730.60, while total equity was CNY 1,033,620,646.86, indicating a debt-to-equity ratio of approximately 0.0615[54] - The company's total equity decreased from ¥1,129.04 million to ¥1,091.61 million, a decline of about 3.3%[47] - The company's fixed assets decreased from ¥1,334.76 million to ¥1,296.66 million, a decline of about 2.8%[41] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,875, with the top ten shareholders holding significant stakes in the company[12] - The company repurchased a total of 41,584,415 shares, accounting for 0.98% of the total share capital, with a total repurchase amount of ¥48,259,609.85[24] Inventory and Receivables - The company's inventory decreased by 22.01% to ¥96,099,369.19 as a result of sales[21] - Accounts receivable increased from ¥63.45 million to ¥89.50 million, reflecting a growth of about 40.9%[38] Financial Expenses and Investments - The company reported a significant increase in financial expenses, with a rise of 73.90% to -¥1,132,870.83, attributed to increased interest income from higher cash reserves[21] - The company has invested ¥40,000,000 in bank financial products, with no overdue amounts[30] - The company has introduced new stock investments, resulting in a significant increase in trading financial assets by 846,907.21% to ¥8,470,072.10[21] Other Financial Metrics - The weighted average return on equity for Q1 2021 was 0.93%, an increase of 0.77% compared to 0.16% in the previous year[9] - The company did not report any non-recurring gains or losses that were classified as regular gains or losses during the reporting period[9] - Research and development expenses were not explicitly detailed but are part of the overall operating costs, which increased significantly[57] Audit and Compliance - The first quarter report for 2021 was not audited, which may affect the reliability of the financial data presented[85] - The company did not apply the new leasing standards for the first quarter of 2021, as indicated in the financial statement adjustments[83]