力盛体育(002858) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥57,247,725.12, representing a 75.11% increase compared to ¥32,693,130.21 in the same period last year[8] - Net profit attributable to shareholders was ¥3,933,218.28, a significant turnaround from a loss of ¥2,621,810.76 in the previous year, marking a 250.02% increase[8] - Basic earnings per share increased to ¥0.0319 from a loss of ¥0.0208, reflecting a 252.63% improvement[8] - The weighted average return on equity rose to 1.10%, compared to -0.60% in the same period last year, an increase of 284.04%[8] - The total comprehensive income for the period was CNY 11,627,638.02, compared to CNY 2,713,686.32 in the previous year, showing a substantial improvement[40] - The total profit for the period was CNY 11,239,694.84, compared to a loss of CNY 684,296.58 in the same period last year[40] - The operating profit for the period was CNY 11,239,893.46, a recovery from a loss of CNY 682,901.18 in the previous year[40] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 52.84% to ¥9,638,917.51 from ¥20,440,402.35 in the previous year[8] - The company’s cash flow from financing activities saw a significant increase of 279.76%, reaching CNY 6,534,348.03 compared to a negative CNY 3,634,982.40 in the previous period, due to borrowing from financial institutions[16] - The company reported a cash inflow from operating activities of CNY 86,996,957.17, down from CNY 105,691,422.65 in the previous period[46] - The company’s cash and cash equivalents decreased to CNY 103,497,510.48 from CNY 112,231,693.40, indicating a decline in liquidity[29] - The ending balance of cash and cash equivalents was 103,197,510.48 CNY, slightly down from 103,357,523.81 CNY[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥605,531,219.98, up 2.04% from ¥593,451,756.57 at the end of the previous year[8] - The total liabilities increased to ¥171,412,487.90 from ¥132,904,791.37, reflecting a rise in financial obligations[35] - The total non-current liabilities rose to ¥17,870,608.16 from ¥4,461,863.89, indicating a shift in long-term financial commitments[35] - The total assets of Shanghai Lisheng Racing Culture Co., Ltd. as of the end of Q1 2021 amounted to CNY 459,439,812.61, reflecting an increase of CNY 15,165,951.78 compared to the previous period[58] - The total equity of the company remained at CNY 311,369,069.46, unchanged from the previous period[59] Shareholder Information - The total number of common shareholders at the end of the reporting period was 5,445[12] - The net assets attributable to shareholders decreased by 2.65% to ¥344,974,415.99 from ¥354,362,350.93 at the end of the previous year[8] - The company's equity attributable to shareholders decreased to ¥296,256,379.64 from ¥311,369,069.46, indicating a reduction in shareholder value[35] Government Support and Other Income - The company received government subsidies totaling ¥879,418.95 during the reporting period, including various support funds and tax rebates[9] - The company recorded a 71.05% decrease in other income, which fell to CNY 870,318.95 from CNY 3,006,455.06, due to a reduction in government subsidies received[16] - The company reported other income of CNY 516,356.36, compared to CNY 406,377.80 in the previous period, indicating growth[42] Research and Development - Research and development expenses for Q1 2021 were ¥2,578,489.11, slightly down from ¥2,883,115.62 in the previous year[38] - The company incurred research and development expenses of CNY 1,519,517.95, slightly down from CNY 1,633,016.91 in the previous period[42] Changes in Financial Reporting - The company has implemented a new leasing standard effective from January 1, 2021, adjusting the initial retained earnings and related financial statement items accordingly[56] - The company’s total non-current liabilities amounted to CNY 19,627,815.67, reflecting the impact of the new leasing standard[59] Audit Status - The first quarter report for 2021 was not audited, which may affect the reliability of the financial data presented[60]