如意集团(002193) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥136,225,874.43, representing a decrease of 14.68% compared to ¥159,666,207.42 in the same period last year[9] - Net profit attributable to shareholders was ¥5,572,532.77, down 28.69% from ¥7,814,196.36 year-on-year[9] - Basic earnings per share decreased by 33.33% to ¥0.02 from ¥0.03 in the same period last year[9] - Total operating revenue for Q1 2021 was CNY 136,225,874.43, a decrease from CNY 159,666,207.42 in the previous period[39] - The net profit for Q1 2021 was CNY 5,328,197.37, down 12.0% from CNY 6,054,572.01 in Q1 2020[42] - The total profit for Q1 2021 was CNY 7,495,035.50, a decline of 6.6% from CNY 8,028,038.74 in the previous year[42] - The company's basic and diluted earnings per share for Q1 2021 were both CNY 0.02, compared to CNY 0.03 in Q1 2020[42] - The operating profit for Q1 2021 was CNY 6,939,274.25, down 11.9% from CNY 7,877,724.59 in the same period last year[42] - The total comprehensive income for Q1 2021 was CNY 5,328,197.37, down from CNY 6,199,085.61 in the previous year[42] Cash Flow and Liquidity - The net cash flow from operating activities was -¥353,503,013.66, a significant decline of 3,264.68% compared to -¥10,506,301.87 in the previous year[9] - Cash and cash equivalents decreased by 87.38% compared to the same period last year, primarily due to increased cotton yarn purchases[16] - The company's cash flow from operating activities was negative CNY 353,503,013.66, compared to negative CNY 10,506,301.87 in the previous year[49] - Total cash inflow from operating activities was 83,331,143.21 RMB, down 49.9% from 166,067,126.69 RMB in Q1 2020[52] - Cash outflow from operating activities reached 121,546,332.70 RMB, a decrease of 31.5% compared to 177,224,671.66 RMB in the previous year[52] - The company reported a net cash flow from investing activities of -63,576,060.66 RMB, significantly worse than -614,000.00 RMB in Q1 2020[52] - Cash inflow from financing activities totaled 17,819,910.00 RMB, down 94.8% from 342,302,712.49 RMB in the same quarter last year[53] - The net cash flow from financing activities was -972,494.07 RMB, contrasting with a positive cash flow of 36,453,269.82 RMB in Q1 2020[53] - The ending cash and cash equivalents balance was 2,621,894.75 RMB, a significant drop from 34,298,953.03 RMB at the end of Q1 2020[53] - The company experienced a net decrease in cash and cash equivalents of -102,791,696.53 RMB, compared to an increase of 24,543,321.31 RMB in the previous year[53] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,751,780,966.89, down 3.26% from ¥4,911,871,622.24 at the end of the previous year[9] - The total liabilities decreased to CNY 1,825,427,743.42 from CNY 1,858,879,189.90, indicating improved financial stability[37] - The total equity attributable to shareholders increased to CNY 2,711,042,062.82 from CNY 2,696,700,756.89, showing a slight growth in shareholder value[37] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,739[12] - The largest shareholder, Shandong Ruyi Technology Group Co., Ltd., held 23.12% of the shares, amounting to 60,514,665 shares[12] Operational Changes - The company did not engage in any repurchase transactions during the reporting period[13] - The company plans to acquire 74.36% equity of China Ruiyi Technology Group Co., Ltd. and 60% equity of Jining Ruiyi Brand Investment Holding Co., Ltd. through a share issuance[17] - The acquisition aims to ultimately achieve 100% ownership of Jining Ruiyi Brand after completing the repurchase of 40% equity from a related party[17] - The ongoing transaction is affected by the overseas COVID-19 pandemic, causing delays in auditing, evaluation, and due diligence processes[18] Other Financial Metrics - The company reported non-recurring gains and losses totaling ¥21,031,307.94 for the period[10] - Accounts receivable financing increased by 293.17% year-on-year, mainly due to an increase in payable notes[16] - Other receivables rose by 46.68% compared to the previous year, primarily due to increased inter-company transactions[16] - Contract liabilities decreased by 55.87% year-on-year, mainly due to a reduction in advance payments[16] - Sales expenses increased by 180.96% compared to the previous year, primarily due to increased transportation costs at the subsidiary Jining Ruiyi New Materials Technology Co., Ltd.[16] - Other income increased by 245.7% compared to the beginning of the period, mainly due to increased government subsidies related to operations[16] - Research and development expenses were CNY 6,292,599.90, a slight decrease from CNY 6,607,233.40, indicating a focus on cost management[40] - The company reported a financial expense of CNY 8,592,931.30, down from CNY 16,585,446.58, reflecting improved cost control measures[40] - The company’s investment income was reported at CNY 19,462,500.00, consistent with the previous period, indicating stable investment performance[40] Audit Information - The company did not undergo an audit for the Q1 2021 report[54]