帝欧家居(002798) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,159,559,855.36, representing a 46.16% increase compared to ¥793,355,440.84 in the same period last year[8]. - The net profit attributable to shareholders was ¥75,702,442.06, up 49.80% from ¥50,534,392.24 year-on-year[8]. - The basic earnings per share increased to ¥0.1968, reflecting a growth of 46.87% compared to ¥0.1340 in the previous year[8]. - Operating revenue increased by 46.16% to CNY 1,159,559,855.36 compared to CNY 793,355,440.84 in the previous period, driven by steady strategic advancement[17]. - The total operating revenue for the first quarter reached ¥1,159,559,855.36, compared to ¥793,355,440.84 in the previous period, indicating a significant increase[41]. - The net profit for the first quarter of 2021 reached CNY 73,744,691.51, compared to CNY 49,311,295.29 in the same period last year, indicating a year-over-year increase of about 49.6%[43]. - The operating profit for the first quarter was CNY 83,736,346.91, up from CNY 60,115,921.38 in the previous year, reflecting an increase of approximately 39.2%[43]. - The comprehensive income for the first quarter was CNY 73,744,691.51, compared to CNY 49,311,295.29 in the previous year, indicating a growth of approximately 49.6%[44]. Cash Flow - The net cash flow from operating activities was negative at -¥418,282,695.21, a decline of 7.88% from -¥387,715,183.32 in the same period last year[8]. - The company's cash and cash equivalents decreased by 41.02% from CNY 843,338,416.75 to CNY 497,371,428.26 due to increased project construction payments and business guarantees[16]. - The net cash flow from financing activities decreased by 50.45% to CNY 183,562,122.18, primarily due to a reduction in net bank financing compared to the previous year[18]. - Total cash inflow from operating activities amounted to 1,283,159,847.22 CNY, while cash outflow was 1,701,442,542.43 CNY, resulting in a net cash flow deficit[51]. - The company’s cash flow from operating activities showed a significant increase in cash inflow, but overall cash flow remained negative, indicating challenges in operational efficiency[51]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,077,695,484.86, a 1.24% increase from ¥8,966,193,186.21 at the end of the previous year[8]. - Non-current assets totaled ¥3,559,900,812.53, up from ¥3,439,193,022.60, reflecting a growth of approximately 3.5%[36]. - Current liabilities amounted to ¥4,160,973,353.49, slightly down from ¥4,180,813,500.79, showing a decrease of approximately 0.5%[35]. - The company's total liabilities reached ¥4,747,908,224.36, compared to ¥4,716,985,673.61, marking an increase of about 0.7%[35]. - Total liabilities reached CNY 4,716,985,673.61, with current liabilities at CNY 4,180,813,500.79 and non-current liabilities at CNY 536,172,172.82[59]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,512[12]. - Major shareholders include Liu Jin with 13.99% ownership and Chen Wei with 13.57% ownership, both having pledged a portion of their shares[12]. - The equity attributable to shareholders of the parent company was ¥4,339,742,766.88, up from ¥4,257,546,807.84, reflecting an increase of approximately 1.9%[36]. Expenses and Investments - Operating costs rose by 58.46% to CNY 805,804,792.18, reflecting the increase in operating revenue[17]. - Research and development expenses increased by 39.04% to CNY 43,173,711.25, attributed to higher spending on new product development[17]. - The company reported a significant increase in tax liabilities, with payable taxes rising by 41.64% to CNY 61,377,761.99, driven by increased VAT and income tax obligations[16]. - The financial expenses for the first quarter were CNY 25,612,600.44, compared to CNY 13,964,726.73 in the previous year, indicating an increase of approximately 83.5%[42]. - The company reported a decrease in employee compensation payable from ¥59,388,244.82 to ¥30,111,486.96, a reduction of approximately 49.3%[35]. Future Plans - The company plans to issue convertible bonds, which has been approved by the China Securities Regulatory Commission[19][20]. - The company has not engaged in any securities or derivative investments during the reporting period[22][23].