双象股份(002395) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was CNY 324,822,391.54, representing a 39.98% increase compared to CNY 232,050,166.85 in the same period last year[7] - Net profit attributable to shareholders was CNY 20,357,187.97, a significant increase of 549.09% from CNY 3,136,285.29 year-on-year[7] - The net profit after deducting non-recurring gains and losses reached CNY 19,781,027.33, up 607.98% from a loss of CNY 3,894,078.89 in the previous year[7] - Basic earnings per share increased to CNY 0.0759, reflecting a growth of 548.72% compared to CNY 0.0117 in the same quarter last year[7] - The total profit for Q1 2021 was CNY 24,374,731.10, compared to CNY 4,203,620.31 in the same period last year[44] - The total comprehensive income for Q1 2021 was CNY 20,357,187.97, compared to CNY 3,136,285.29 in the same period last year[44] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,545,176,375.60, a decrease of 1.01% from CNY 1,560,928,707.30 at the end of the previous year[7] - The net assets attributable to shareholders increased to CNY 914,910,107.64, marking a 2.28% rise from CNY 894,552,919.67 at the end of the last year[7] - Current liabilities totaled CNY 387,719,976.05, down from CNY 423,652,320.73, showing a reduction of about 8.5%[35] - Total liabilities decreased to CNY 630,266,267.96 from CNY 666,375,787.63, representing a reduction of approximately 5.4%[35] Cash Flow - The company reported a net cash flow from operating activities of -CNY 52,677,020.12, which is a decline of 408.93% compared to -CNY 10,350,578.17 in the same period last year[7] - The company's cash flow from operating activities decreased by CNY 42,326,441.95, a decline of 408.93%, mainly due to increased procurement costs and reduced government subsidies[18] - The company reported a cash inflow from operating activities of CNY 180,728,004.96, an increase from CNY 115,858,847.50 in the previous period[50] - The company experienced a net decrease in cash and cash equivalents of -103,497,758.56 CNY, compared to -44,017,546.52 CNY in the previous period[52] Research and Development - Research and development expenses increased by CNY 4,010,676.20, a growth of 44.05%, as the company intensified its R&D investments[16] - The company reported R&D expenses of CNY 13,115,016.47 for Q1 2021, compared to CNY 9,104,340.27 in the previous year, reflecting a growth of about 44%[42] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 465,774.99 during the reporting period[8] - The company's other income decreased by CNY 6,729,774.53, a decline of 93.53%, due to reduced government subsidies compared to the previous year[16] Future Expectations - The company expects net profit for the year to be between CNY 40 million and CNY 60 million, representing a growth of 116.64% to 224.96% compared to the previous year[23]