川发龙蟒(002312) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,419,877,405.82, representing a 17.48% increase compared to ¥1,208,599,520.31 in the same period last year [8] - Net profit attributable to shareholders was ¥111,162,131.96, a significant increase of 1,199.99% from ¥8,551,025.20 in the previous year [8] - The net profit after deducting non-recurring gains and losses reached ¥117,336,431.97, up 1,506.10% from ¥7,305,663.25 year-on-year [8] - The basic earnings per share for the period was ¥0.08, reflecting a 1,150.00% increase from ¥0.0064 in the same period last year [8] - Net profit for the current period was ¥110,905,522.51, significantly higher than ¥8,484,501.29 in the previous period, marking a growth of 1,203.5% [90] - The total comprehensive income for the current period was ¥110,905,522.51, compared to ¥8,484,501.29 in the previous period, indicating a substantial increase [94] Assets and Liabilities - The company's total assets increased by 26.29% to ¥9,262,561,222.00 from ¥7,334,564,765.35 at the end of the previous year [8] - The net assets attributable to shareholders rose by 54.59% to ¥5,922,951,050.62 from ¥3,831,500,164.69 at the end of the last year [8] - Total assets increased to ¥6,955,433,801.06 from ¥5,368,920,063.82, reflecting a growth of 29.6% [82] - The company's equity attributable to shareholders increased to CNY 5,922,951,050.62, compared to CNY 3,831,500,164.69, a growth of approximately 54.5% [52] - The total liabilities decreased to CNY 3,334,847,247.51 from CNY 3,498,206,556.13, a decline of about 4.7% [50] - Current liabilities decreased to CNY 2,711,198,446.89 from CNY 2,890,128,437.20, a reduction of approximately 6.2% [50] Cash Flow - The net cash flow from operating activities was negative at -¥89,046,917.48, a decline of 422.58% compared to ¥27,604,671.29 in the same period last year [8] - Cash inflow from operating activities was 976,746,574.38, down from 1,138,920,145.90 in the previous period [101] - The net cash flow from financing activities was 2,107,928,830.34, significantly higher than 56,805,925.08 in the previous period [107] - The cash and cash equivalents at the end of the period amounted to 1,826,333,665.32, up from 450,339,416.40 in the previous period [107] - The net increase in cash and cash equivalents was ¥1,447,106,888.85, compared to a decrease of -¥473,213,004.33 in the previous period [110] Investments and Expenses - Research and development expenses surged by 238% to ¥15,912,045.54, reflecting a significant increase in investment in R&D activities [23] - The company’s construction in progress increased by 61% to ¥384,853,296.80 due to new investments in ongoing projects [23] - Total operating costs amounted to ¥1,270,496,472.72, up from ¥1,125,603,294.52, reflecting a year-over-year increase of 12.9% [88] - The company reported a significant decrease in sales expenses, which fell to ¥19,149,901.39 from ¥70,954,266.56, a reduction of 73.0% [88] Government and Fair Value Changes - The company received government subsidies amounting to ¥1,078,361.07 during the reporting period [8] - The company reported a loss of -¥6,411,905.49 related to the fair value changes of the acquisition of Longmang Dadi Agricultural Co., Ltd. [8] Share Issuance and Financing - The company completed a non-public stock issuance of 385,865,200 shares, raising a total of ¥1,975,629,824.00, with net proceeds of ¥1,969,050,253.52 after expenses [35] - The company’s financing cash flow increased by 3611% to ¥2,107,928,830.34, mainly due to funds received from the targeted stock issuance [23] Miscellaneous - The company did not undergo an audit for the first quarter report [112] - The report indicates that the new leasing standards were not applicable for the company [111]