龙大美食(002726) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was CNY 6,148,397,979.46, representing a 3.96% increase compared to CNY 5,914,322,417.06 in the same period last year[8]. - Net profit attributable to shareholders for Q1 2021 was CNY 214,253,619.88, a significant increase of 50.08% from CNY 142,755,519.68 in the previous year[8]. - The net profit after deducting non-recurring gains and losses was CNY 217,581,524.52, up 60.36% from CNY 135,682,524.89 year-on-year[8]. - Basic earnings per share for Q1 2021 were CNY 0.21, reflecting a 50.00% increase from CNY 0.14 in the previous year[8]. - Diluted earnings per share were CNY 0.19, which is a 35.71% increase compared to CNY 0.14 in the same period last year[8]. - The total operating income for the current period is CNY 2,049,018,868.72, a decrease from CNY 2,269,438,784.61 in the previous period, representing a decline of approximately 9.7%[80]. - The net profit attributable to shareholders of the parent company is CNY 214,253,619.88, compared to CNY 142,755,519.68 in the previous period, showing an increase of approximately 50.0%[79]. - The total profit for the current period is CNY 231,023,891.00, compared to CNY 168,322,135.16 in the previous period, indicating an increase of approximately 37.2%[78]. - The operating profit for the current period is CNY 230,432,864.55, an increase from CNY 162,833,986.69 in the previous period, representing a growth of approximately 41.5%[78]. - The total comprehensive income for the current period is CNY 228,524,543.54, compared to CNY 145,771,270.65 in the previous period, reflecting an increase of approximately 56.7%[79]. Cash Flow - The net cash flow from operating activities reached CNY 342,669,653.72, a remarkable turnaround from a negative cash flow of CNY -274,317,549.18 in the same quarter last year, marking a 224.92% improvement[8]. - Total cash inflow from operating activities was 6,342,724,835.10 CNY, while cash outflow was 6,000,055,181.38 CNY, resulting in a net inflow of 342,669,653.72 CNY[91]. - Cash inflow from sales of goods and services was 2,221,780,464.47 CNY, down from 2,524,276,479.04 CNY in the previous period, indicating a decrease of approximately 12%[99]. - Cash outflow for purchasing goods and services was 1,933,515,182.04 CNY, a decrease from 2,758,776,189.90 CNY, reflecting a reduction of about 30%[99]. - The net cash flow from investing activities was -102,255,660.26 CNY, worsening from -72,184,738.39 CNY in the previous period[94]. - Cash inflow from investment activities totaled 40,720,996.14 CNY, compared to 11,227,904.90 CNY in the previous period, showing an increase of approximately 263%[91]. - Cash inflow from financing activities was 483,759,541.80 CNY, up from 317,002,850.00 CNY, representing an increase of about 53%[94]. - The net cash flow from financing activities was -191,162,794.63 CNY, a decline from a positive net flow of 126,576,236.78 CNY in the previous period[94]. - The ending balance of cash and cash equivalents was 2,225,999,039.59 CNY, an increase from 597,248,684.01 CNY in the previous period[94]. - The company reported a total cash inflow of 49,242,617.57 CNY for the period, contrasting with a cash outflow of -219,920,604.28 CNY in the previous period[94]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,300,029,294.16, a decrease of 2.94% from CNY 8,551,436,933.53 at the end of the previous year[8]. - The total assets as of March 31, 2021, amounted to CNY 5,245,774,760.53, compared to CNY 5,203,095,818.16 at the end of 2020, showing a slight increase of about 0.8%[66]. - The total liabilities as of March 31, 2021, were CNY 2,923,999,407.75, down from CNY 2,960,748,938.04 at the end of 2020, indicating a decrease of approximately 1.2%[69]. - Total liabilities decreased to RMB 4.33 billion from RMB 4.86 billion at the end of 2020[59]. - The company's short-term borrowings were RMB 1.80 billion, down from RMB 1.94 billion at the end of 2020[59]. - The company reported a decrease in employee compensation payable to RMB 49.85 million from RMB 72.01 million year-over-year[59]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 40,478, with the top ten shareholders holding significant stakes[12]. - The net assets attributable to shareholders increased to CNY 3,654,001,051.92, up 7.92% from CNY 3,385,987,457.83 at the end of the previous year[8]. - The company has not faced any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[37]. - The company’s total share capital increased due to the exercise of stock options by incentive objects[36]. Research and Development - Research and development expenses increased by CNY 390,242.13, an increase rate of 41.38% due to an increase in R&D personnel and investment[19]. - The company invested CNY 1,333,325.27 in research and development expenses during the first quarter, compared to CNY 943,083.14 in the previous year, indicating an increase of approximately 41.3%[73]. - The research and development expenses for the current period are CNY 18,247.35, significantly lower than CNY 759,391.61 in the previous period, showing a decrease of approximately 97.6%[80]. Financial Instruments and Securities - The company issued 9.5 million convertible bonds at a price of 100 RMB each, raising a total of 950 million RMB, with a net amount of approximately 935.78 million RMB after deducting fees[33]. - The conversion price for the "Longda Convertible Bonds" was adjusted from 9.57 RMB to 9.38 RMB per share due to an increase in total shares by 3,963,720 shares[36]. - The company plans to non-publicly issue A-shares totaling no more than 150 million RMB[37]. - The company received approval from the China Securities Regulatory Commission for the issuance of convertible bonds on June 16, 2020[33]. - The company’s actual fundraising from the convertible bond issuance was confirmed to have been received on July 17, 2020[33]. - The company’s non-public offering of shares was approved by the China Securities Regulatory Commission on January 4, 2021[37]. - The company has not engaged in any securities or derivative investments during the reporting period[38][41]. - The company has been actively responding to feedback from the China Securities Regulatory Commission regarding its bond issuance applications[32][34].