中锐股份(002374) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥178,972,332.20, representing a 77.37% increase compared to ¥100,904,373.46 in the same period last year[9] - Net profit attributable to shareholders was ¥18,061,486.52, a significant turnaround from a loss of ¥14,712,656.46 in the previous year, marking a 222.76% increase[9] - Basic earnings per share improved to ¥0.0166 from a loss of ¥0.0168, reflecting a 198.81% increase[9] - The net profit after deducting non-recurring gains and losses was ¥15,994,188.36, compared to a loss of ¥13,322,731.71 in the previous year, reflecting a 220.05% increase[9] - Revenue increased by 77.37% year-on-year, primarily due to the effective control of the pandemic and the resumption of normal business operations[18] - Net profit attributable to the parent company increased by 222.76% year-on-year, driven by the recovery of various business operations and successful collection of accounts receivable[18] - The company reported a net loss of CNY -442,981,533.47, compared to a loss of CNY -461,043,019.99 in the previous period, indicating a slight improvement[40] - The total comprehensive income for the first quarter was CNY 21,481,969.36, compared to a loss of CNY 13,908,838.39 in the same period last year[49] Cash Flow - The net cash flow from operating activities reached ¥192,594,111.50, up 428.70% from a negative cash flow of ¥58,592,295.75 in the same period last year[9] - Net cash flow from operating activities increased by 428.70% year-on-year, mainly due to the successful recovery of project payments in the landscaping business[19] - Operating cash inflow for the current period reached CNY 976,133,434.82, a significant increase from CNY 193,356,910.56 in the previous period[56] - Total cash outflow from operating activities was CNY 783,539,323.32, up from CNY 251,949,206.31 in the previous period[56] - Cash inflow from sales of goods and services was CNY 638,184,682.97, compared to CNY 181,536,562.20 in the previous period[55] Assets and Liabilities - Total assets decreased by 5.20% to ¥5,365,683,056.65 from ¥5,660,017,137.34 at the end of the previous year[9] - The balance of accounts payable decreased by 30.98%, due to increased payments to suppliers following higher project receipts in the landscaping business[17] - Current liabilities decreased to CNY 1,388,477,422.03 from CNY 1,833,019,289.07, a reduction of approximately 24.3%[39] - Non-current liabilities increased to CNY 1,119,172,779.36 from CNY 985,302,702.36, representing an increase of about 13.6%[39] - The total liabilities decreased to CNY 2,507,650,201.39 from CNY 2,818,321,991.43, a decline of approximately 11%[39] Shareholder Actions - The company plans to repurchase between 10.8795 million and 21.759 million shares, accounting for 1.00% to 2.00% of the total share capital, at a price not exceeding 3 CNY per share[22] Operational Efficiency - Operating costs rose by 74.50% year-on-year, corresponding to the increase in revenue scale[18] - The company reported a decrease in research and development expenses to CNY 103,656.02 from CNY 1,262,940.46, reflecting a strategic shift in resource allocation[48] - Financial expenses showed a significant reduction, with a net financial income of CNY -19,076,756.30 compared to CNY 2,387,926.65 in the previous period[48] Other Financial Metrics - The weighted average return on equity improved to 0.66% from -0.61% in the previous year[9] - The company experienced a significant increase in interest income, which rose to CNY 50,602,956.99 from CNY 33,144,646.43 year-over-year[48] - The company reported a tax expense of CNY 8,223,489.35, compared to CNY 490,897.11 in the previous period, reflecting improved profitability[48]