瑞和股份(002620) - 2021 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2021 reached ¥715,240,351.18, an increase of 64.68% compared to ¥434,308,710.85 in the same period last year[8] - Net profit attributable to shareholders was ¥23,085,856.62, a significant increase of 1,109.47% from ¥1,908,760.34 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥23,055,431.67, up 6,294.12% from a loss of ¥372,214.95 in the previous year[8] - Basic earnings per share increased to ¥0.06, representing a 500.00% rise from ¥0.01 in the same period last year[8] - The weighted average return on equity improved to 0.92%, up from 0.08% year-on-year, reflecting enhanced profitability[8] - Net profit for Q1 2021 was ¥28,756,210.65, compared to ¥6,484,657.13 in the same period last year, indicating a substantial growth[40] - The total comprehensive income for the period was CNY 28,756,210.65, compared to CNY 6,484,657.13 in the previous period[41] - The net profit for the period was CNY 16,644,564.65, recovering from a net loss of CNY 2,058,852.73 in the previous period[44] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,160,747,358.05, a decrease of 3.05% from ¥6,354,774,421.15 at the end of the previous year[8] - The company's total assets as of March 31, 2021, were ¥5,720,108,276.91, down from ¥5,918,236,656.33 at the end of 2020[36] - Current liabilities decreased to ¥3,260,421,146.93 from ¥3,487,417,941.49, reflecting improved financial management[36] - The total equity attributable to shareholders of the parent company increased to ¥2,459,687,129.98 from ¥2,430,818,714.84[36] - The total liabilities and equity amounted to ¥6,160,747,358.05, down from ¥6,354,774,421.15 in the previous period[36] Cash Flow - Cash flow from operating activities showed a net outflow of ¥142,589,002.51, an improvement of 18.57% compared to a net outflow of ¥175,112,734.15 in the previous year[8] - The cash flow from operating activities was negative at CNY -142,589,002.51, an improvement from CNY -175,112,734.15 in the previous period[48] - Operating cash flow for the current period was -135,612,752.30 CNY, an improvement from -169,365,822.51 CNY in the previous period[50] - Total cash inflow from operating activities was 990,692,573.54 CNY, compared to 769,266,268.74 CNY in the previous period, representing a 28.7% increase[50] - Cash outflow for purchasing goods and services was 1,067,998,121.38 CNY, up from 899,524,255.54 CNY, indicating an 18.7% increase[50] - Cash inflow from financing activities was 410,000,000.00 CNY, an increase from 372,261,022.00 CNY, reflecting a 10.1% growth[52] - Net cash flow from financing activities was 132,336,191.22 CNY, down from 144,914,792.40 CNY, showing a decrease of 8.6%[52] - The ending balance of cash and cash equivalents was 267,333,679.28 CNY, a decrease from 330,801,809.94 CNY in the previous period[52] - The company reported a net decrease in cash and cash equivalents of -3,302,472.85 CNY, compared to -26,041,750.98 CNY in the previous period, indicating an improvement in cash management[52] Operating Costs and Expenses - The company experienced a significant increase in operating costs, which rose by 65.21% to ¥600,000,000, primarily due to the recovery from COVID-19 impacts[15] - Total operating costs amounted to ¥664,427,647.76, up from ¥416,351,976.23, with operating costs specifically rising to ¥601,728,008.49 from ¥364,224,901.00[39] - Sales expenses increased by CNY 1,658,675.08, a growth of 44.17%, due to the resumption of normal operations after COVID-19 disruptions[16] - R&D expenses rose by CNY 12,352,028.60, an increase of 97.35%, attributed to the recovery of normal business activities[16] - Research and development expenses for Q1 2021 were ¥25,040,763.35, compared to ¥12,688,734.75 in the previous year, highlighting a focus on innovation[39] - Income tax expenses rose by CNY 4,343,904.22, an increase of 514.80%, due to improved profitability following the recovery from COVID-19[17] Impairment and Other Income - Credit impairment losses surged by CNY 39,099,241.38, an increase of 392.45%, due to higher accounts receivable and increased bad debt provisions[16] - Asset impairment losses decreased by CNY 33,956,989.55, a reduction of 100%, as bad debts were reclassified[16] - Other income decreased by CNY 2,679,244.25, a decline of 98.21%, primarily due to reduced government subsidies received[16] - The company reported government subsidies recognized in the current period amounting to ¥48,755.75[9] - Investment income increased by CNY 1,553,832.44, a growth of 46.40%, resulting from a decrease in the disposal of financial assets[16] Audit and Adjustments - The first quarter report was not audited, which may affect the reliability of the financial data presented[55] - The company did not require adjustments to the beginning balance sheet items due to the absence of leasing assets during the reporting period[54]