Annil (SZ:002875)2021-04-28 16:00Financial Performance - The company's revenue for Q1 2021 was CNY 345,443,048.54, representing a 32.76% increase compared to CNY 260,206,941.25 in the same period last year[7]. - Net profit attributable to shareholders reached CNY 44,612,231.54, a significant increase of 4,899.90% from a loss of CNY 929,440.43 in the previous year[7]. - The net cash flow from operating activities was CNY 64,595,128.26, up 414.27% from CNY 12,560,634.31 in the same period last year[7]. - Basic and diluted earnings per share were both CNY 0.26, compared to a loss of CNY 0.01 per share in the previous year, marking a 2,700.00% increase[7]. - The weighted average return on equity was 5.16%, a significant improvement from -0.10% in the same period last year[7]. - Total revenue for the reporting period reached CNY 345,443,048.54, an increase of 32.76% compared to the previous period, driven by new revenue recognition standards and sales growth[18]. - The company reported a 356.47% increase in taxes paid, totaling CNY 16,314,011.55, attributed to revenue growth[19]. - The total comprehensive income for the period was CNY 44,612,231.54, compared to a loss of CNY 929,440.43 in the previous year[75]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,182,511,430.17, a 1.90% increase from CNY 1,160,508,337.22 at the end of the previous year[7]. - Net assets attributable to shareholders increased by 5.49% to CNY 888,952,137.09 from CNY 842,668,403.67 at the end of the previous year[7]. - Current liabilities decreased from CNY 314.20 million to CNY 194.87 million[62]. - Non-current liabilities increased from CNY 3.64 million to CNY 98.69 million, primarily due to lease liabilities[62]. - Total liabilities amounted to CNY 341,679,841.53, with non-current liabilities at CNY 78,710,567.55, reflecting an increase of CNY 75,081,258.87[92]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,836[11]. - Major shareholders include Cao Zhang with a 31.29% stake and Wang Jianqing with a 27.81% stake[11]. Research and Development - Research and development expenses increased by 57.52% to CNY 7,689,329.80, reflecting the company's commitment to enhancing R&D investment[18]. - Research and development expenses increased to CNY 7,689,329.80, up from CNY 4,881,474.87 in Q1 2020, marking a growth of 57.0%[70]. Cash Flow Management - The company reported a significant increase in cash flow from operations, indicating improved operational efficiency and revenue generation capabilities[81]. - The company is focusing on enhancing its investment strategies and optimizing cash flow management to support future growth initiatives[83]. - Cash inflow from financing activities was CNY 65,000,000.00, while cash outflow was CNY 55,281,858.95, leading to a net cash flow from financing activities of -CNY 55,281,858.95[83]. Stock Incentive Plans - The company granted 1.7221 million restricted stocks to 113 incentive objects on November 28, 2017[27]. - The company approved a stock option incentive plan on May 28, 2020, with a total of 7,935,200 options granted at an exercise price of 10.38 CNY per share[44]. - The company decided not to distribute cash dividends or issue bonus shares for the 2020 fiscal year due to its current operational situation[45]. Operational Efficiency - The company reported a decrease in operating costs to CNY 129,160,001.75 from CNY 120,236,837.96, indicating a more efficient cost management strategy[74]. - The company reported a decrease in cash and cash equivalents from CNY 558.45 million on December 31, 2020, to CNY 556.32 million on March 31, 2021[60]. - The company reported a decrease in accounts receivable from CNY 60.44 million to CNY 49.34 million during the same period[60]. - The company’s inventory decreased from CNY 302.46 million to CNY 254.34 million[60].