建艺集团(002789) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was CNY 597,901,353.42, representing a 57.97% increase compared to CNY 378,495,394.72 in the same period last year[8] - The net profit attributable to shareholders for Q1 2021 was CNY 6,795,013.42, up 41.49% from CNY 4,802,596.98 in the previous year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 5,993,759.36, reflecting a 5.89% increase from CNY 5,660,189.96 year-on-year[8] - The basic earnings per share for Q1 2021 was CNY 0.05, a 66.67% increase from CNY 0.03 in the same period last year[8] - Operating revenue for Q1 2021 was ¥597,901,353.42, a 57.97% increase compared to ¥378,495,394.72 in the same period last year, as the business gradually recovered from the pandemic impact[16] - Total operating revenue for Q1 2021 was CNY 597.90 million, an increase of 58.0% compared to CNY 378.50 million in Q1 2020[37] - Net profit for Q1 2021 was CNY 6.74 million, an increase of 29.5% from CNY 5.20 million in Q1 2020[38] - The company reported a significant increase in research and development expenses, which rose to CNY 18.42 million from CNY 11.73 million, an increase of 57.2%[38] - The net profit attributable to shareholders of the parent company reached CNY 14,694,306.65, up 55.5% from CNY 9,452,260.74 in Q1 2020[42] - Total comprehensive income for the period was CNY 14,694,306.65, an increase from CNY 9,452,260.74 in Q1 2020[42] Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,521,187,217.31, which is a 4.47% increase from CNY 4,327,616,275.86 at the end of the previous year[8] - The net assets attributable to shareholders at the end of the reporting period were CNY 1,033,606,677.53, showing a 0.99% increase from CNY 1,023,445,245.03 at the end of the previous year[8] - Total assets as of March 31, 2021, amounted to CNY 4.54 billion, compared to CNY 4.39 billion at the end of 2020, representing a growth of 3.8%[34] - Total liabilities as of March 31, 2021, were CNY 3.43 billion, an increase of 4.0% from CNY 3.30 billion at the end of 2020[35] Cash Flow - The net cash flow from operating activities for Q1 2021 was -CNY 127,755,125.27, an improvement of 26.08% compared to -CNY 172,839,184.79 in the same period last year[8] - The company generated CNY 561,852,596.69 in cash inflows from operating activities, compared to CNY 416,961,942.53 in the same period last year[45] - Cash inflows from financing activities amounted to CNY 851,221,864.24, compared to CNY 603,843,724.04 in Q1 2020, indicating strong financing support[45] - The net cash flow from financing activities was CNY 72,038,604.99, a significant improvement from -CNY 63,819,301.05 in the previous year[49] - Total cash outflow from operating activities was CNY 701,730,438.76, compared to CNY 596,933,774.70 in the previous period, reflecting an increase of approximately 17.5%[48] Expenses - Research and development expenses rose by 57.02% to ¥18,415,344.57, driven by increased investment in R&D[16] - The company reported a 90.45% increase in financial expenses to ¥43,124,795.13, attributed to higher interest expenses from increased bank loans[16] - Financial expenses rose significantly to CNY 41,341,021.03, compared to CNY 22,670,875.83 in the previous year, primarily due to increased interest expenses[41] - The company’s income tax expense surged by 206.25% to ¥2,001,466.91, correlating with the increase in net profit[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,503[12] - The company's cash and cash equivalents increased by 36.47% to ¥607,410,514.92 from ¥445,073,490.74 due to an increase in bank loan guarantees[16] Other Information - The company received government subsidies amounting to CNY 983,781.38 during the reporting period, primarily related to interest support for the construction decoration design industry[9] - The company did not adjust the opening balance sheet items due to the new leasing standards as it did not engage in related business[50] - The first quarter report was not audited, indicating that the figures may be subject to change upon final review[52]