吉宏股份(002803) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 reached ¥1,178,166,568.21, representing an increase of 81.48% compared to the same period last year[7] - Net profit attributable to shareholders for the same period was ¥92,299,460.14, reflecting a growth of 24.59% year-over-year[7] - The net profit after deducting non-recurring gains and losses was ¥90,687,356.71, which is a 29.08% increase from ¥70,254,725.33 in the previous year[7] - The basic earnings per share for the period was ¥0.25, a decrease of 24.24% year-over-year[7] - The diluted earnings per share also stood at ¥0.25, reflecting the same percentage decrease of 24.24%[7] - The company reported a 138.50% increase in income tax expenses, reflecting higher profits and corresponding tax liabilities[23] - The total comprehensive income for the quarter was CNY 91,737,712.30, up from CNY 79,531,153.93 year-over-year, marking an increase of about 15.4%[52] Cash Flow and Liquidity - The net cash flow from operating activities was ¥63,577,676.45, showing a significant increase of 246.93% compared to the previous year[7] - The company's cash flow from operating activities increased by 246.93% to 635.78 million RMB, driven by timely accounts receivable collections and increased revenue[24] - The ending balance of cash and cash equivalents was 835,228,274.02 CNY, up from 413,608,486.68 CNY in the same period last year, showing improved liquidity[62] - The total cash and cash equivalents increased by 45,710,608.96 CNY, compared to an increase of 64,710,281.79 CNY in the previous year, reflecting a more cautious cash management approach[62] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,891,816,275.92, marking a 2.88% increase from the end of the previous year[7] - The total liabilities decreased to RMB 1,008,472,699.83 as of March 31, 2021, from RMB 1,041,173,663.60 at the end of 2020, a reduction of about 3.1%[42] - The company's total assets reached RMB 2,891,816,275.92 as of March 31, 2021, compared to RMB 2,810,741,798.61 at the end of 2020, marking an increase of approximately 2.9%[40] - The total liabilities to equity ratio stands at approximately 0.59, indicating a balanced financial structure[70] Business Segments - The company's e-commerce business (To C) achieved revenue of 635 million RMB, a year-on-year increase of 135.08%, with a net profit attributable to shareholders of 61 million RMB, up 83.80%[21] - The packaging business generated revenue of 492 million RMB, reflecting a year-on-year growth of 77.78%, and a net profit attributable to shareholders of 25 million RMB, an increase of 111.28%[21] - The advertising business (To B) reported revenue of 40 million RMB, a decline of 60.47%, with a net profit of 10 million RMB, down 65.71%[21] Shareholder Actions - The company plans to repurchase shares using up to 1.45 billion RMB, with a buyback price not exceeding 29 RMB per share, targeting a total of 3 to 5 million shares[26] - The company repurchased a total of 4,036,497 shares, accounting for approximately 1.07% of the total share capital, with a total payment of RMB 120,006,490.06[28] Investment and R&D - The R&D expenses for Q1 2021 were CNY 11,834,484.00, down from CNY 14,123,435.56 in Q1 2020, indicating a decrease of approximately 16.5%[50] - Research and development expenses decreased to CNY 3,664,423.96 from CNY 9,078,192.67, a reduction of approximately 59.6%[55] - The company has ongoing investments in fixed assets totaling CNY 583,412,916.28, indicating a stable investment strategy[68] Future Outlook - The company anticipates potential losses or significant changes in net profit for the first half of 2021 compared to the same period last year[32] - The company is focused on maintaining its market position while exploring new product development and potential market expansions[75]