日丰股份(002953) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥673,534,988.28, representing a 162.74% increase compared to ¥256,348,026.68 in the same period last year[9]. - The net profit attributable to shareholders for Q1 2021 was ¥38,798,525.71, up 160.70% from ¥14,882,514.45 year-on-year[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥36,174,940.42, reflecting a 159.44% increase from ¥13,943,230.42 in the previous year[9]. - The basic earnings per share for Q1 2021 was ¥0.22, a 144.44% increase compared to ¥0.09 in the same period last year[9]. - Total revenue for Q1 2021 reached ¥673.53 million, representing a 162.74% increase from ¥256.35 million in Q1 2020, driven by the consolidation of Tianjin Yougu and business growth[17]. - Net profit attributable to the parent company for Q1 2021 was ¥38.80 million, up 161.22% from ¥14.85 million in Q1 2020, also influenced by the consolidation of Tianjin Yougu[17]. - Net profit for Q1 2021 was ¥38,447,809.30, representing a 158.5% increase from ¥14,852,828.21 in the previous year[48]. - Earnings per share (EPS) for the period was ¥0.22, compared to ¥0.09 in the same quarter last year, reflecting a growth of 144.4%[49]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,400,429,049.94, which is a 65.52% increase from ¥1,450,276,422.49 at the end of the previous year[9]. - The company's current assets totaled CNY 1,953,495,567.45, up from CNY 1,096,206,760.94, indicating a growth of about 78.2%[36]. - Total liabilities amounted to CNY 1,227,045,918.87, up from CNY 418,243,247.61, representing a growth of about 193.5%[38]. - The total liabilities increased to ¥910,077,933.80 from ¥383,670,337.79, indicating a rise of 137.5% year-on-year[45]. - The company's equity attributable to shareholders reached CNY 1,169,923,383.76, compared to CNY 1,028,573,327.56, an increase of approximately 13.7%[39]. - Owner's equity rose to ¥1,171,549,462.30, up from ¥1,035,510,855.07, marking an increase of 13.1%[45]. Cash Flow - The net cash flow from operating activities for Q1 2021 was -¥73,034,786.95, compared to -¥6,377,271.02 in the same period last year, indicating a significant increase in cash outflow[9]. - The company reported cash outflows from operating activities totaling CNY 715,955,572.78, up from CNY 241,339,204.04 in the same period last year, reflecting a rise of about 196.5%[58]. - Cash received from sales of goods and services reached CNY 498,364,198.18, compared to CNY 231,258,736.28 in the previous year, marking an increase of approximately 115.5%[56]. - Cash inflows from financing activities were CNY 726,379,709.42, a substantial increase from CNY 20,300,000.00 in the same period last year[59]. - The net cash flow from financing activities was CNY 593,835,943.35, compared to a negative CNY 21,240,370.47 in the previous year, showing a positive turnaround[59]. - The ending cash and cash equivalents balance was CNY 426,454,454.66, up from CNY 55,221,611.82 at the end of the previous year, representing an increase of approximately 671.5%[59]. Investments and Acquisitions - The company completed the acquisition of 100% equity in Tianjin Yourong Dikan Communications Technology Co., Ltd. for ¥175 million, approved by the board on January 11, 2021[18]. - The company successfully issued convertible bonds totaling ¥380 million, with a net amount of ¥371.17 million after deducting issuance costs, approved by the China Securities Regulatory Commission on January 14, 2021[20][22]. - The initial conversion price for the convertible bonds is set at ¥19.24 per share, with the bonds listed on April 16, 2021[21]. - The company has invested ¥29.20 million in the high-end flexible cable and energy-saving home appliance components project, achieving a funding usage progress of 78.65% as of March 31, 2021[27]. Operational Highlights - The company reported non-recurring gains and losses totaling ¥2,623,585.29 for the reporting period[11]. - The total number of shareholders at the end of the reporting period was 19,045[12]. - The company reported a significant increase in short-term borrowings, which rose to ¥502.79 million, a 408.57% increase from ¥98.86 million, mainly due to the consolidation of Tianjin Yougu and business expansion[17]. - Research and development expenses for the quarter were ¥21,084,940.10, an increase of 80.6% from ¥11,652,353.36 in the previous year[45]. - Financial expenses increased significantly to ¥8,584,781.37 from ¥1,312,337.25, reflecting a rise of 553.5%[45]. - The company did not report any non-operational fund occupation by controlling shareholders during the reporting period[32]. - There were no research, communication, or interview activities recorded during the reporting period, indicating a focus on internal operations[32].