棒杰股份(002634) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥121,509,121.84, representing a 21.06% increase compared to ¥100,369,670.14 in the same period last year[7]. - Net profit attributable to shareholders was ¥14,078,445.00, up 13.56% from ¥12,397,231.63 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥13,706,705.46, reflecting a 20.64% increase from ¥11,361,669.16 in the previous year[7]. - The company reported a net profit increase in retained earnings from CNY 267,265,457.79 to CNY 281,343,902.79, reflecting a growth of approximately 5.3%[39]. - The total comprehensive income for Q1 2021 was CNY 14,825,628.59, compared to CNY 12,397,231.63 in the previous year, showing an increase of approximately 19.63%[47]. Cash Flow - The net cash flow from operating activities decreased by 15.43% to ¥32,716,416.74 from ¥38,684,237.78 in the same period last year[7]. - Net cash flow from financing activities decreased by 41.17% to -622,500.00 from -1,058,114.29 primarily due to interest payments[16]. - The net cash flow from investing activities was -19,819,127.10 yuan, an improvement from -22,870,602.05 yuan in the previous year[54]. - The cash inflow from financing activities totaled 27,197,249.18 CNY, while cash outflow was 2,700,000.00 CNY[58]. - The cash flow from investment activities included cash inflows of 1,260,000.00 CNY from the disposal of long-term assets[58]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,000,520,393.32, a decrease of 1.84% from ¥1,019,266,372.73 at the end of the previous year[7]. - Total liabilities decreased from CNY 258,777,849.44 to CNY 225,206,241.44, a reduction of about 13%[38]. - Current liabilities decreased from CNY 248,204,952.63 to CNY 214,624,094.51, a decline of approximately 13.5%[38]. - The company's cash and cash equivalents stood at CNY 172,719,528.15, slightly down from CNY 173,643,250.30[36]. - The total equity attributable to shareholders increased from CNY 758,833,594.70 to CNY 773,729,841.60, an increase of about 2%[39]. Shareholder Information - The company reported a total of 17,374 common shareholders at the end of the reporting period[10]. - The largest shareholder, Tao Jianwei, holds 21.17% of the shares, with 97,237,969 shares, of which 72,928,477 are pledged[10]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[11]. Operational Expenses - Total operating costs for Q1 2021 were CNY 105,169,507.03, up from CNY 90,770,513.02 in the previous period, with operating costs specifically rising from CNY 73,282,848.32 to CNY 86,720,798.24[45]. - Research and development expenses rose by 34.01% to 3,956,209.75 from 2,952,224.94 mainly due to higher costs of materials and utilities[15]. - Employee compensation payable decreased by 48.93% to 10,694,925.32 from 20,940,620.26 as a result of wage and year-end bonus payments[15]. Accounting and Compliance - The company has established a foreign exchange hedging management system to mitigate risks associated with currency fluctuations, ensuring stable profit levels[27]. - There were no significant changes in the accounting policies for derivatives compared to the previous reporting period, maintaining a focus on normal production operations[27]. - The company did not require adjustments to the beginning balance of the balance sheet as of January 1, 2021, under the new leasing standards[60]. - The first quarter report was not audited, indicating that the figures presented are preliminary[61].