贝因美(002570) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥566,858,555.71, a decrease of 20.59% compared to ¥713,805,176.65 in the same period last year[9] - Net profit attributable to shareholders was ¥14,537,381.04, representing an increase of 12.23% from ¥12,953,651.28 year-on-year[9] - The net profit after deducting non-recurring gains and losses surged by 297.92% to ¥4,235,790.79, compared to ¥1,064,471.91 in the previous year[9] - The company reported a net loss of CNY 998,989,969.21, slightly improved from a loss of CNY 1,013,527,350.25 in the previous period[36] - Net profit for the first quarter reached CNY 18,810,095.29, compared to CNY 15,575,643.94 in the same period last year, representing a growth of about 20.00%[43] - The profit attributable to shareholders of the parent company was CNY 14,537,381.04, up from CNY 12,953,651.28, indicating an increase of approximately 12.23%[43] - The company reported a total comprehensive income of CNY 17,790,643.60, down from CNY 30,216,294.82 in the previous year[44] Cash Flow - The net cash flow from operating activities increased significantly by 544.56% to ¥21,588,202.87, up from ¥3,349,282.25 in the same period last year[9] - The net cash flow from operating activities for the current period is CNY 21,588,202.87, compared to CNY 3,349,282.25 in the previous period, indicating a significant improvement[51] - Total cash inflow from operating activities is CNY 631,773,462.88, down from CNY 809,599,057.28 in the previous period, reflecting a decrease of approximately 22%[51] - Cash inflow from sales of goods and services is CNY 514,976,941.58, down from CNY 690,252,945.76, indicating a decline of approximately 26%[54] - The net cash flow from operating activities for the current period is CNY 236,819,266.31, a decrease from CNY 619,374,605.07 in the previous period, showing a decline of about 62%[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,141,897,181.00, reflecting a growth of 2.67% from ¥4,034,293,142.99 at the end of the previous year[9] - The net assets attributable to shareholders increased by 0.93% to ¥1,466,662,485.96, compared to ¥1,453,144,556.61 at the end of the previous year[9] - Total liabilities increased from CNY 2,528,466,034.64 to CNY 2,618,279,429.05, an increase of about 3.9%[35] - Current liabilities increased to CNY 2,453,840,982.88 from CNY 2,362,469,500.73, representing a growth of about 3.86%[35] - The company's total equity rose to CNY 1,523,617,751.95 from CNY 1,505,827,108.35, reflecting an increase of approximately 1.18%[36] Shareholder Information - The company had a total of 63,650 common shareholders at the end of the reporting period[13] - The largest shareholder, Beiyinmei Group Co., Ltd., held 20.75% of the shares, amounting to 212,218,500 shares, with 192,850,000 shares pledged[13] Expenses and Investments - Financial expenses decreased by 70.57% compared to the same period last year, a reduction of 38.65 million RMB, mainly due to a decrease in exchange losses[18] - Investment income decreased by 66.68% compared to the same period last year, a reduction of 5.57 million RMB, mainly due to lower returns from fund investments[18] - Research and development expenses rose to CNY 4,754,671.25, compared to CNY 2,639,629.91, marking an increase of about 80.00%[42] Other Financial Metrics - The weighted average return on net assets was 1.00%, up from 0.76% in the same period last year, indicating improved profitability[9] - The company experienced a credit impairment loss of CNY -6,674,903.01, a significant improvement from CNY 14,927,434.29 in the previous period[42] - The company's tax expenses decreased to CNY 1,112,795.20 from CNY 3,745,561.94, reflecting a reduction of approximately 70.32%[43] - The company reported a significant increase in tax refunds received, up 131.42% compared to the same period last year, an increase of 1.80 million RMB[18] Changes in Receivables and Payables - Accounts receivable financing decreased by 33.65% compared to the beginning of the period, a reduction of 12.5 million RMB, mainly due to a decrease in notes receivable[17] - Prepayments increased by 408.53% compared to the beginning of the period, an increase of 73.36 million RMB, primarily due to an increase in advance payments for goods[17] - Other receivables increased by 35.18% compared to the beginning of the period, an increase of 6.46 million RMB, mainly due to an increase in temporary payments receivable[17] Cash Flow from Investment Activities - Cash flow from investment activities decreased by 98.75% compared to the same period last year, a reduction of 83.40 million RMB, mainly due to a decrease in bank wealth management investments recovered[19] - The cash flow from investing activities shows a net outflow of CNY 35,130,372.28, a decrease from a net inflow of CNY 62,604,648.40 in the previous period[51] Future Plans - The company plans to participate in the establishment of a new insurance company with a registered capital of 1.5 billion RMB, contributing 225 million RMB[21]