西麦食品(002956) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥298,180,009.69, representing a 57.28% increase compared to ¥189,582,824.36 in the same period last year[9] - The net profit attributable to shareholders for Q1 2021 was ¥52,973,569.64, up 51.54% from ¥34,956,511.69 in the previous year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥46,930,261.65, reflecting a significant increase of 78.93% from ¥26,227,614.30 year-on-year[9] - Basic earnings per share for Q1 2021 were ¥0.33, a 50.00% increase from ¥0.22 in the previous year[9] - The company's operating profit for Q1 2021 was CNY 62,584,077.94, an increase of 45.4% compared to CNY 43,040,307.49 in the previous period[43] - The company recorded a total comprehensive income of CNY 52,973,569.64 for Q1 2021, compared to CNY 34,956,511.69 in the same period last year[46] Cash Flow - The net cash flow from operating activities for Q1 2021 was ¥13,809,164.97, a remarkable turnaround from a negative cash flow of -¥1,323,823.11 in the same period last year, marking a 1,143.13% improvement[9] - The net cash flow from operating activities was -1,201,240.01 CNY, compared to a positive cash flow of 1,057,632.87 CNY in the previous period, indicating a significant decline[51] - Cash inflow from operating activities totaled CNY 351,833,613.46, up from CNY 196,552,218.05 in the previous period[49] - The company’s investment activities generated a net cash flow of CNY 765,715.57, a recovery from a negative cash flow of CNY -15,097,097.53 in the previous period[49] - The net cash flow from investment activities was 75,175,870.94 CNY, a substantial increase from 11,054,696.92 CNY in the previous period[53] Assets and Liabilities - Total assets at the end of Q1 2021 amounted to ¥1,734,386,590.38, which is a 2.21% increase from ¥1,696,821,097.88 at the end of the previous year[9] - Total liabilities reached CNY 1,073,000,000, with a notable increase in current liabilities[34] - Current assets totaled CNY 1,372,522,236.58, up from CNY 1,342,864,931.51, indicating an increase of about 2.8%[33] - Cash and cash equivalents increased to CNY 288,158,210.44 from CNY 251,339,217.18, representing a growth of approximately 14.6%[33] - Short-term borrowings increased significantly to CNY 102,067,866.67 from CNY 47,039,859.72, reflecting a rise of approximately 117.0%[34] Expenses - Operating costs rose by 74.57%, attributed to increased revenue and the inclusion of transportation and handling fees in costs under new accounting standards[17] - R&D expenses surged by 96.28%, as last year's pandemic led to reduced spending on research and development[17] - The company reported a significant increase in sales expenses to CNY 76.28 million from CNY 62.75 million, indicating aggressive marketing efforts[41] - The company's management expenses rose to CNY 3,416,569.16 from CNY 2,031,814.19, reflecting increased operational costs[44] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,601[13] - The company repurchased 1,460,000 shares, accounting for 0.91% of total share capital, with a total transaction amount of approximately RMB 42.02 million[20] Future Outlook - The company is focusing on expanding its market presence and enhancing product development strategies[29] - Future outlook includes potential new product launches and technological advancements to drive growth[29] - The company is actively exploring mergers and acquisitions to strengthen its market position[29] Government Support - The company received government subsidies amounting to ¥565,437.69 during the reporting period[10] Other Information - The company plans to invest in the "Oat Leisure Food Innovation Project" but has not yet signed the land use rights purchase agreement[18] - As of March 31, 2021, the company had utilized RMB 154.37 million of the raised funds, with a remaining balance of RMB 422.96 million in the special account[23] - The company did not undergo an audit for the first quarter report[55]