伟星股份(002003) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥541,401,658.53, representing a 33.46% increase compared to ¥405,658,212.07 in the same period last year[8] - Net profit attributable to shareholders for Q1 2021 was ¥44,936,424.83, a significant increase of 96.12% from ¥22,912,992.69 in the previous year[8] - The net profit after deducting non-recurring gains and losses reached ¥44,616,787.95, marking a 463.25% increase from ¥7,921,309.76 year-on-year[8] - The basic earnings per share for Q1 2021 was ¥0.06, doubling from ¥0.03 in the same period last year[8] - Total revenue increased by 33.46% compared to the same period last year, driven by improved market conditions in the textile and apparel industry[24] - Net profit attributable to shareholders increased by 96.12% year-on-year, primarily due to higher revenue and reduced interest expenses[27] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,518,926,785.05, up 3.41% from ¥3,402,764,131.37 at the end of the previous year[8] - The net assets attributable to shareholders increased to ¥2,566,771,437.33, reflecting a 1.95% rise from ¥2,517,748,441.62 at the end of the last year[8] - Total liabilities as of March 31, 2021, were CNY 881,560,951.99, compared to CNY 812,111,186.93 at the end of 2020, showing an increase of about 8.55%[55] - The company's equity attributable to shareholders reached CNY 2,566,771,437.33, up from CNY 2,517,748,441.62, reflecting a growth of approximately 1.94%[55] Cash Flow - The net cash flow from operating activities was negative at -¥81,504,325.97, a decline of 223.59% compared to ¥65,948,565.30 in the same period last year[8] - Cash flow from operating activities decreased by 223.59% year-on-year, mainly due to increased expenditures on raw materials and taxes[28] - The cash inflow from operating activities was ¥557,220,732.83, compared to ¥529,295,872.16 in the previous period, showing stable cash generation[75] - The net cash flow from operating activities was -93,704,944.48, a decrease from 90,601,854.45 in the previous period[80] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,746[14] - The largest shareholder, Weixing Group Co., Ltd., held 29.98% of the shares, amounting to 232,620,518 shares[14] Inventory and Receivables - Inventory at the end of the period increased by 40.40% compared to the beginning of the period, reflecting increased raw materials and finished goods in preparation for the busy production season[23] - Other receivables increased by 33.91% compared to the beginning of the period, mainly due to an increase in export tax refunds and various deposits[23] - Accounts receivable rose to CNY 323,105,219.48, up from CNY 289,472,847.55, marking an increase of around 11.59%[48] Expenses and Financial Management - Financial expenses decreased by 148.19% year-on-year, primarily due to lower interest expenses[24] - The company incurred a financial expense of ¥-2,608,352.39, a decrease from ¥-619,116.44 in the previous period, indicating improved financial management[71] - Research and development expenses for Q1 2021 were CNY 24,625,946.46, up from CNY 20,856,374.97, indicating an increase of about 18.0%[65] - Research and development expenses increased to ¥17,506,185.87 from ¥14,245,077.59, reflecting the company's commitment to innovation[71] Government Support - The company received government subsidies amounting to ¥3,118,518.02 during the reporting period[13]