合兴包装(002228) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥3,748,503,032.25, representing a 94.13% increase compared to ¥1,930,971,997.39 in the same period last year[7] - Net profit attributable to shareholders was ¥61,118,059.96, up 66.17% from ¥36,781,438.73 year-on-year[7] - The net profit after deducting non-recurring gains and losses surged by 453.43% to ¥56,304,281.86 from ¥10,173,636.57 in the previous year[7] - The basic earnings per share increased by 66.67% to ¥0.05 from ¥0.03 in the same period last year[7] - Operating revenue increased by 94.13% year-on-year, attributed to reduced revenue during the same period last year due to the pandemic[18] - Operating costs increased by 96.69% year-on-year, reflecting the corresponding decrease in costs during the same period last year due to the pandemic[18] - Net profit attributable to the parent company increased by 66.17% year-on-year, driven by increased revenue during the reporting period[23] - Total operating revenue for Q1 2021 reached CNY 2,074,478,142.09, a significant increase from CNY 866,129,753.53 in the same period last year, representing a growth of approximately 139.5%[54] - Net profit for Q1 2021 was CNY 73,500,437.00, compared to CNY 40,389,996.97 in Q1 2020, reflecting an increase of about 82.0%[51] - The company reported a profit before tax of CNY 86,545,082.72 for Q1 2021, compared to CNY 43,870,978.44 in Q1 2020, indicating an increase of approximately 97.0%[51] Assets and Liabilities - The total assets at the end of the reporting period were ¥8,425,250,514.99, a 3.63% increase from ¥8,130,486,956.15 at the end of the previous year[7] - The net assets attributable to shareholders rose by 1.60% to ¥3,508,424,793.89 from ¥3,453,290,671.71 at the end of the last year[7] - Current liabilities totaled ¥3,880,094,475.62, up from ¥3,665,035,400.81, reflecting an increase of approximately 5.9%[43] - The total liabilities increased to ¥4,557,724,295.52 from ¥4,340,298,348.54, representing a growth of about 5%[43] - The equity attributable to shareholders of the parent company reached ¥3,508,424,793.89, compared to ¥3,453,290,671.71, an increase of approximately 1.6%[44] Cash Flow - The net cash flow from operating activities decreased by 42.66% to ¥122,400,496.38 from ¥213,466,302.78 in the same period last year[7] - The net cash flow from financing activities increased by 315.46% year-on-year, mainly due to an increase in borrowing scale during the reporting period[25] - The net cash flow from operating activities for Q1 2021 was ¥122,400,496.38, a decrease of 42.6% compared to ¥213,466,302.78 in Q1 2020[59] - Total cash inflow from operating activities was ¥3,569,190,193.59, up 70% from ¥2,101,747,358.89 in the previous year[59] - Cash outflow from operating activities totaled ¥3,446,789,697.21, an increase of 82.2% compared to ¥1,888,281,056.11 in Q1 2020[59] - The net cash flow from investing activities was -¥124,304,446.02, worsening from -¥43,322,177.76 in the same period last year[60] - Cash inflow from financing activities was ¥599,969,455.73, a significant increase from ¥387,270,000.00 in Q1 2020[60] - The net cash flow from financing activities improved to ¥138,100,934.18 from ¥33,240,863.96 in the previous year[60] - The ending balance of cash and cash equivalents was ¥678,534,384.39, up from ¥568,811,658.67 at the end of Q1 2020[60] Research and Development - R&D expenses increased by 167.62% year-on-year, due to increased investment in research and development during the reporting period[20] - Research and development expenses increased to CNY 62,653,278.48 in Q1 2021, up from CNY 23,410,986.87 in Q1 2020, marking a growth of approximately 167.0%[50] Shareholder Information - The total number of shareholders at the end of the reporting period was 35,855, with the top ten shareholders holding a significant portion of the shares[11] Other Financial Metrics - The company reported non-recurring gains of ¥4,813,778.10, including government subsidies and other income[8] - The company received ¥2,087,913,324.59 in cash from sales and services, a 90.5% increase from ¥1,095,577,255.14 in Q1 2020[62] - Total cash outflow for operating activities was ¥2,334,551,788.04, an increase of 109.0% compared to ¥1,112,123,578.51 in the previous year[62] - The company reported a decrease in employee compensation payable to ¥55,757,847.24 from ¥73,923,205.01, a reduction of about 24.6%[43] - The company’s long-term borrowings remained stable at ¥320,000,000.00, unchanged from the previous period[43] - The company’s inventory decreased to ¥242,864,811.77 from ¥348,647,413.38, indicating a decline of approximately 30.3%[44] - Sales expenses for Q1 2021 amounted to CNY 91,307,898.79, compared to CNY 59,630,189.86 in Q1 2020, an increase of about 53.2%[50] - The financial expenses for Q1 2021 were CNY 23,370,684.98, slightly down from CNY 23,884,168.50 in Q1 2020, a decrease of about 2.1%[50] - Other income for Q1 2021 was CNY 7,904,818.59, down from CNY 18,481,177.08 in Q1 2020, reflecting a decrease of approximately 57.3%[50]