英派斯(002899) - 2021 Q1 - 季度财报

Important Notice Board Statement and Director Attendance The company's board of directors, supervisory board, and senior management ensure the truthfulness, accuracy, and completeness of this quarterly report, assuming corresponding legal responsibilities, with all directors except one independent director attending the board meeting - Company management guarantees the report's truthfulness, accuracy, and completeness[4][5] - Independent Director Li Chun was unable to attend the board meeting due to work reasons and entrusted Xu Guojun to attend on their behalf[6] Company Overview Major Accounting Data and Financial Indicators In Q1 2021, the company achieved significant performance growth with revenue up 59.47% and net profit up 162.72%, while operating cash flow improved despite remaining negative 2021 Q1 Major Financial Indicators | Indicator | Current Period (CNY) | Prior Year Period (CNY) | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 224,570,523.11 | 140,822,772.45 | 59.47% | | Net Profit Attributable to Shareholders of Listed Company | 7,150,144.52 | 2,721,587.20 | 162.72% | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-recurring Gains and Losses) | 5,868,502.70 | 1,195,423.24 | 390.91% | | Net Cash Flow from Operating Activities | -29,437,920.66 | -31,588,427.93 | 6.81% | | Basic Earnings Per Share (CNY/share) | 0.06 | 0.02 | 200.00% | | Total Assets (CNY) | 1,383,176,025.28 | 1,361,829,353.55 | 1.57% (Compared to Year-end of Prior Year) | | Net Assets Attributable to Shareholders of Listed Company (CNY) | 1,091,506,597.23 | 1,084,356,452.71 | 0.66% (Compared to Year-end of Prior Year) | 2021 Q1 Non-recurring Gains and Losses Items | Item | Amount (CNY) | | :--- | :--- | | Government Grants | 1,115,348.54 | | Fair Value Changes and Investment Income from Trading Financial Assets | 414,804.68 | | Other Non-operating Income/Expenses and Asset Disposal Gains/Losses | -22,637.38 | | Total | 1,281,641.82 | Shareholder Information As of the reporting period end, the company had 12,626 common shareholders, with top shareholders holding a significant stake, including pledged shares and concerted party relationships - As of the end of the reporting period, the company had 12,626 common shareholders[12] Top Three Shareholders' Shareholding | Shareholder Name | Shareholding Percentage | Number of Shares Held | Share Status | | :--- | :--- | :--- | :--- | | Hainan Jiangheng Industrial Investment Co., Ltd. | 33.89% | 40,662,000 | Pledged 13,600,000 | | Infu China Investment Co., Ltd. | 6.11% | 7,335,200 | - | | Nantong Deyu Investment Center (Limited Partnership) | 3.96% | 4,755,200 | - | - Shareholders Hunan Cultural Tourism Venture Capital Fund (Limited Partnership) and Infu China Investment Co., Ltd. are concerted parties[13] - Shareholders Hainan Jiangheng Industrial Investment Co., Ltd., Zhao Guifen, and Chen Wuyang hold company shares through margin trading and securities lending[13] Significant Events Analysis of Major Financial Data Changes During the reporting period, the company experienced significant financial data changes, including revenue growth driven by domestic and international sales, increased selling expenses, and the impact of new lease accounting standards on the balance sheet Major Financial Data Changes and Reasons | Item | Change (%) | Primary Reason | | :--- | :--- | :--- | | Income Statement Items | | | | Operating Revenue | 59.47% | Growth in domestic and international sales revenue | | Operating Cost | 62.73% | Increased in line with operating revenue growth | | Selling Expenses | 63.86% | Increase in advertising and installation service fees | | Other Income | 702.98% | Increase in government grants received | | Balance Sheet Items | | | | Other Current Assets | 118.80% | Increase in input VAT credit | | Right-of-Use Assets | - | Implementation of new lease accounting standards | | Lease Liabilities | - | Implementation of new lease accounting standards | | Employee Compensation Payable | -82.09% | Payment of employee compensation payable at prior year-end | Progress of Significant Matters The company advanced a significant external investment by participating in the establishment of an equity investment fund, which has completed its industrial and commercial registration - The company's participation in an equity investment fund has completed industrial and commercial registration, with a fund size of CNY 31 million and the company's subscribed capital of CNY 10 million[19] Use of Raised Funds The company's IPO raised CNY 433 million, with CNY 194 million cumulatively used by period-end, and CNY 239 million remaining, including CNY 180 million in large-denomination certificates of deposit - IPO net proceeds totaled CNY 433 million, with CNY 194 million cumulatively used by the end of the reporting period, leaving a balance of CNY 239 million[23] Wealth Management During the reporting period, the company invested CNY 75 million of its own funds in bank wealth management products, with CNY 50 million outstanding and no overdue unrecovered amounts Wealth Management Overview (Unit: CNY 10,000) | Specific Type | Source of Funds | Amount Incurred | Outstanding Balance | Overdue Unrecovered Amount | | :--- | :--- | :--- | :--- | :--- | | Bank Wealth Management Products | Own Funds | 7,500 | 5,000 | 0 | Financial Statements Financial Statement Details This section presents the company's unaudited consolidated and parent company financial statements for Q1 2021, including the balance sheet, income statement, and cash flow statement, reflecting the financial position, operating results, and cash flows Consolidated Balance Sheet As of March 31, 2021, total assets were CNY 1.38 billion, total liabilities CNY 292 million, and net assets attributable to shareholders CNY 1.09 billion, with new right-of-use assets and lease liabilities due to new lease standards Consolidated Balance Sheet Major Items (Unit: CNY) | Item | March 31, 2021 | December 31, 2020 | | :--- | :--- | :--- | | Total Assets | 1,383,176,025.28 | 1,361,829,353.55 | | Total Liabilities | 291,669,428.05 | 277,472,900.84 | | Equity Attributable to Parent Company Owners | 1,091,506,597.23 | 1,084,356,452.71 | Consolidated Income Statement In Q1 2021, total operating revenue reached CNY 225 million, up 59.47%, with operating profit at CNY 9.34 million and net profit attributable to parent company shareholders at CNY 7.15 million, resulting in basic EPS of CNY 0.06 Consolidated Income Statement Major Items (Unit: CNY) | Item | Current Period Amount | Prior Period Amount | | :--- | :--- | :--- | | Total Operating Revenue | 224,570,523.11 | 140,822,772.45 | | Operating Profit | 9,343,041.37 | 3,795,629.62 | | Total Profit | 9,320,403.99 | 3,787,779.07 | | Net Profit Attributable to Parent Company Shareholders | 7,150,144.52 | 2,721,587.20 | | Basic Earnings Per Share | 0.06 | 0.02 | Consolidated Cash Flow Statement Net cash flow from operating activities was -CNY 29.44 million, an improvement from the prior year, while net cash flow from investing activities significantly decreased to CNY 4.40 million due to increased investment payments Consolidated Cash Flow Statement Major Items (Unit: CNY) | Item | Current Period Amount | Prior Period Amount | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -29,437,920.66 | -31,588,427.93 | | Net Cash Flow from Investing Activities | 4,397,245.38 | 232,695,509.12 | | Net Cash Flow from Financing Activities | -158,020.21 | -7,019,454.17 | | Net Increase in Cash and Cash Equivalents | -24,691,137.61 | 195,629,601.58 | Notes on Financial Statement Adjustments The company adopted new lease accounting standards from January 1, 2021, retrospectively adjusting initial financial statements, primarily impacting prepaid expenses, right-of-use assets, and lease liabilities without affecting owner's equity - The company adopted new lease accounting standards from January 1, 2021, and retrospectively adjusted the opening financial statements accordingly[55][59] Major Impact of New Lease Standards on Opening Consolidated Balance Sheet (Unit: CNY) | Item | Adjustment Amount | | :--- | :--- | | Prepaid Expenses | -2,606,857.14 | | Right-of-Use Assets | +14,357,588.53 | | Lease Liabilities | +11,750,731.39 | Audit Report The company's 2021 first-quarter report is unaudited - This quarterly report is unaudited[63]