九阳股份(002242) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥2,242,694,899.52, representing a 31.77% increase compared to ¥1,702,037,045.29 in the same period last year[9] - Net profit attributable to shareholders was ¥180,103,795.09, up 22.63% from ¥146,873,325.81 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥161,576,890.20, reflecting a 12.57% increase from ¥143,533,461.10 in the previous year[9] - The basic earnings per share increased to ¥0.24, a rise of 26.32% compared to ¥0.19 in the same period last year[9] - Operating profit for the current period was ¥208,470,053.19, representing a 10.3% increase compared to ¥188,104,261.65 in the previous period[51] - Net profit for the current period was ¥175,378,065.71, an increase of 20.3% from ¥145,823,994.71 in the prior period[51] - Total profit for the current period was ¥207,132,858.09, compared to ¥186,150,107.12 in the previous period, reflecting an increase of 11.4%[51] - The total comprehensive income for the current period was ¥177,098,038.75, compared to ¥151,896,164.91 in the previous period, marking a 16.6% increase[51] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥8,621,160,146.97, down 5.62% from ¥9,134,826,691.51 at the end of the previous year[9] - The company's total liabilities increased significantly, with accounts payable decreasing by 57.84% to ¥1,031,043,215.04, indicating a shift in payment strategies[32] - As of March 31, 2021, total liabilities amounted to CNY 4,137,462,544.97, a decrease of approximately 14.7% from CNY 4,852,334,933.07 on December 31, 2020[35] - The total equity attributable to shareholders increased to CNY 4,465,160,802.75, up from CNY 4,283,761,519.10, reflecting a growth of about 4.2%[37] - Total current liabilities decreased to CNY 4,058,212,022.49, down from CNY 4,799,662,342.27, a reduction of about 15.4%[35] - Non-current liabilities totaled CNY 79,250,522.48, up from CNY 52,672,590.80, indicating an increase of about 50.5%[35] Cash Flow - The net cash flow from operating activities was negative at -¥179,932,954.23, a significant decrease of 225.73% compared to ¥143,106,492.72 in the same period last year[9] - Operating cash inflow for the current period was CNY 2,631,039,042.60, an increase of 12.1% from CNY 2,346,661,553.56 in the previous period[61] - Net cash outflow from operating activities was CNY -179,932,954.23, compared to a net inflow of CNY 143,106,492.72 in the previous period[61] - Cash inflow from investment activities totaled CNY 653,070,564.15, up from CNY 530,629,281.04 in the previous period, marking a 23.1% increase[61] - Cash inflow from financing activities was CNY 90,900,000.00, a decrease from CNY 275,000,000.00 in the previous period[65] - The net increase in cash and cash equivalents was CNY -648,245,930.43, compared to CNY -199,268,081.85 in the previous period[65] Shareholder Information - The company had a total of 29,452 common shareholders at the end of the reporting period[12] - The largest shareholder, Shanghai Lihong Enterprise Management Co., Ltd., held 50.12% of the shares, with 384,523,746 shares pledged[12] Inventory and Receivables - Accounts receivable increased by 146.03% to ¥522,763,903.50, primarily due to increased sales during the period[19] - Prepayments surged by 446.02% to ¥88,690,682.37, mainly due to increased advance payments for materials[19] - Construction in progress rose by 111.94% to ¥23,338,512.88, attributed to factory expansion[19] - The company's inventory decreased to CNY 300,935,001.96 from CNY 434,139,429.10, a reduction of about 30.7%[38] Accounting and Reporting - The first quarter report has not been audited, indicating a potential area of concern for investors regarding the reliability of the financial data presented[83] - The company has made adjustments to its accounting policies in accordance with the Ministry of Finance's revised lease accounting standards effective from January 1, 2019, for companies listed both domestically and internationally[82] - The new lease accounting standards will be applied retrospectively starting from January 1, 2021, for companies that follow the enterprise accounting standards[83]