三全食品(002216) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 2,331,140,066.94, representing a 5.17% increase compared to CNY 2,216,612,020.07 in the same period last year[10] - Net profit attributable to shareholders decreased by 31.71% to CNY 175,890,672.32 from CNY 257,581,593.61 year-on-year[10] - The basic earnings per share fell by 31.25% to CNY 0.22 from CNY 0.32 in the same period last year[10] - The company's net profit margin after deducting non-recurring gains and losses was 7.37%, an increase of 0.35 percentage points year-on-year[10] - The revenue adjusted to the new accounting standards was CNY 2,406,000,000, reflecting an 8.53% year-on-year growth[10] - Net profit for the period was CNY 175,750,908.92, a decrease of 31.7% from CNY 257,422,453.61 in the same period last year[65] - Basic and diluted earnings per share were both CNY 0.22, down from CNY 0.32 in the previous year[65] Cash Flow - The net cash flow from operating activities was negative at CNY -81,257,767.01, a decline of 137.66% compared to CNY 215,743,541.42 in the previous year[10] - Cash inflow from operating activities is 2,105,144,451.39, up from 1,952,273,375.41 in the previous period, indicating growth in operational cash flow[72] - Cash outflow from operating activities is 2,186,402,218.40, compared to 1,736,529,833.99 in the previous period, leading to a net cash flow from operating activities of -81,257,767.01[75] - The ending balance of cash and cash equivalents is 783,577,407.27, down from 1,011,945,048.91 in the previous period, indicating a decrease in liquidity[78] - The net cash flow from operating activities was -180,673,776.58 yuan, a significant decrease compared to 31,882,140.24 yuan in the previous period, indicating a decline of approximately 467%[79] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,829,356,251.04, down 2.78% from CNY 5,996,244,121.23 at the end of the previous year[10] - Total liabilities decreased to CNY 2,625,002,868.58 from CNY 3,003,276,252.41, a reduction of approximately 12.54%[49] - Current assets totaled CNY 3,428,625,525.80, down from CNY 3,611,409,923.52 at the end of 2020, reflecting a decline of approximately 5.05%[43] - Total liabilities decreased to CNY 3,960,906,698.08 from CNY 4,121,588,137.57[59] - The total liabilities amounted to 3,003,276,252.41 yuan, remaining stable compared to the previous period[86] Shareholder Information - The net assets attributable to shareholders increased by 7.07% to CNY 3,204,803,855.83 from CNY 2,993,279,635.26 year-on-year[10] - The top ten shareholders held a combined 63,322 shares, with the largest shareholder, Chen Nan, owning 9.97% of the shares[14] - The company reported a retained earnings of approximately ¥1.82 billion[89] Investments and Expenses - Long-term equity investments rose by 37.68% to ¥130,192,862.92, attributed to the refinancing of Guoquan Supply Chain (Shanghai) Co., Ltd. and increased valuation of other equity interests[22] - The company invested CNY 4,703,359.39 in R&D expenses, down from CNY 5,477,007.41 in the previous year[62] - Research and development expenses decreased to 2,590,133.18 from 4,511,637.38, reflecting a reduction in investment in innovation[68] - Sales expenses decreased by 30.15% to ¥378,447,692.88, mainly due to the adjustment of freight costs to operating costs under new revenue standards[22] Other Financial Metrics - The company reported non-recurring gains and losses totaling CNY 4,195,997.33 for the reporting period[12] - Other income increased by 68.67% to ¥24,573,921.49, primarily due to increased VAT refunds from welfare enterprises[26] - Investment income dropped by 91.77% to ¥8,713,859.83, mainly due to high gains from the transfer of equity in the previous period[26] - The company reported a significant reduction in contract liabilities by 43.81% to ¥419,690,212.68, reflecting seasonal impacts on advance payments[22] - The company has no overdue or unfulfilled commitments from major shareholders or related parties during the reporting period[28]