佳隆股份(002495) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 63,149,785.40, representing a 96.36% increase compared to CNY 32,161,005.38 in the same period last year[9] - Net profit attributable to shareholders was CNY 3,071,918.28, a significant turnaround from a loss of CNY 11,193,399.82 in the previous year, marking a 127.44% improvement[9] - The net profit after deducting non-recurring gains and losses was CNY 3,244,613.21, compared to a loss of CNY 11,462,300.01 last year, reflecting a 128.31% increase[9] - Revenue for the current period reached ¥63,149,785.40, a 96.36% increase compared to ¥32,161,005.38 in the previous period, primarily due to the recovery from COVID-19 impacts[18] - Net profit for the current period was ¥3,071,918.28, a 127.44% increase from a loss of ¥11,193,399.82 in the previous period, reflecting a recovery in business operations[19] - The company's operating revenue for Q1 2021 was ¥63,149,785.40, an increase from ¥32,161,005.38 in the previous period, representing a growth of approximately 96.3%[44] - The net profit for Q1 2021 was ¥3,071,918.28, a significant recovery from a net loss of ¥11,193,399.82 in the same period last year[45] - The total comprehensive income for the period was ¥3,071,918.28, recovering from a loss of ¥11,193,399.82 in the previous year[46] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 1,292,891,533.66, up 1.23% from CNY 1,277,190,223.71 at the end of the previous year[9] - Current assets totaled CNY 316,087,421.60, up from CNY 290,983,773.53, indicating an increase of about 8.6%[35] - Total liabilities reached CNY 90,624,084.30, compared to CNY 77,994,692.63, showing an increase of approximately 16.2%[37] - The company's total equity as of March 31, 2021, was CNY 1,202,267,449.36, slightly up from CNY 1,199,195,531.08, reflecting a growth of about 0.2%[38] Cash Flow - Cash received from sales and services surged by 686.25% to ¥40,629,562.72, correlating with the substantial growth in revenue[20] - Cash flow from investment activities improved by 165.43%, primarily due to increased cash from the disposal of long-term assets[20] - The net increase in cash and cash equivalents was -¥25,090,736.22, an improvement of 42.81% compared to the previous period[20] - Operating cash inflow totaled ¥41,919,626.44, compared to ¥7,541,730.90 in the previous period, indicating a significant increase[52] - Operating cash outflow amounted to ¥75,155,239.32, up from ¥38,967,586.67 year-over-year, leading to a net cash flow from operating activities of -¥33,235,612.88[52] - Investment activities generated a net cash inflow of ¥8,144,876.66, contrasting with a net outflow of -¥12,447,921.08 in the previous period[56] - The total cash and cash equivalents at the end of the period were ¥206,329,956.84, down from ¥152,769,956.80 year-over-year[53] Operational Metrics - Operating costs increased by 104.29% to ¥42,022,849.41, driven by a significant rise in sales volume[18] - Total operating costs amounted to ¥56,546,350.82, up from ¥44,114,238.32, indicating an increase of about 28.2%[44] - The operating profit for the current period was ¥4,726,903.83, compared to a loss of ¥12,763,419.21 in the previous year, marking a turnaround[45] - The basic earnings per share for Q1 2021 was ¥0.0033, compared to a loss per share of ¥0.0120 in the previous year[46] Changes in Assets - Accounts receivable increased by 161.38% to CNY 47,387,831.13, primarily due to changes in sales collection policies[17] - Inventory rose by 69.98% to CNY 49,016,009.30, mainly due to increased reserves of bulk materials[17] - The company reported a significant increase in prepayments, which surged by 1429.73% to CNY 10,403,633.72, attributed to advance payments received from the sale of land and factory[17] - Deferred tax assets rose to CNY 3,684,440.36 from CNY 2,366,256.55, indicating an increase of approximately 55.7%[36] - The total non-current assets decreased slightly to CNY 976,804,112.06 from CNY 986,206,450.18, a decline of about 0.2%[36] Social Responsibility and Future Plans - The company signed a supplementary rental agreement to adjust rental terms for tenants affected by the pandemic, demonstrating its commitment to social responsibility[21] - The company aims to enhance market expansion strategies and explore potential mergers and acquisitions to drive future growth[45] - The company plans to continue focusing on research and development, with R&D expenses reported at ¥1,585,385.39, slightly up from ¥1,532,901.45[44] Other Information - The company received government subsidies amounting to CNY 269,292.69 during the reporting period[10] - The company recorded a significant loss of ¥518,974.99 from the disposal of fixed assets in the current period[18] - The company approved the sale of certain assets for ¥33,290,700, with the first payment of ¥9,982,100 received[22] - The company reported a credit impairment loss of ¥-2,143,873.44, worsening from ¥-1,077,528.96 in the previous period[48] - The first quarter report was not audited, indicating that the figures may be subject to change upon final review[58]