华盛昌(002980) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥164,423,521.31, a decrease of 21.59% compared to ¥209,689,709.87 in the same period last year[8]. - Net profit attributable to shareholders was ¥40,523,552.79, down 54.77% from ¥89,588,268.95 year-on-year[8]. - Basic and diluted earnings per share were both ¥0.30, representing a decrease of 66.67% from ¥0.90 in the same period last year[8]. - Operating profit decreased by 55.93% attributed to reduced sales revenue and declining gross margin[17]. - Net profit decreased by 54.78% primarily due to decreased sales revenue and lower gross margin[17]. - Total operating revenue for Q1 2021 was CNY 164,423,521.31, a decrease from CNY 209,689,709.87 in the previous period[45]. - Net profit for Q1 2021 was CNY 40,546,036.69, down from CNY 89,662,359.20 in the same period last year[47]. - The total comprehensive income for the period was CNY 40,474,612.45, compared to CNY 89,441,263.93 in the previous year[48]. Cash Flow - The net cash flow from operating activities was ¥5,316,218.05, a significant decline of 97.05% compared to ¥179,988,497.13 in the previous year[8]. - Cash flow from operating activities decreased by 97.05% mainly due to reduced customer prepayments and increased inventory[18]. - The cash flow from operating activities was impacted by increased payments to employees, which rose to CNY 39,058,760.94 from CNY 30,892,065.03, an increase of approximately 26.5%[58]. - Net cash flow from operating activities decreased significantly to CNY 7,401,309.44 from CNY 143,843,982.33, a decline of about 94.8%[58]. - Cash inflow from investment activities totaled CNY 447,639,863.02, while cash outflow was CNY 362,556,961.70, resulting in a net cash flow of CNY 85,082,901.32[59]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,233,950,732.45, an increase of 3.61% from ¥1,190,985,051.58 at the end of the previous year[8]. - The company's total assets as of March 31, 2021, were CNY 1,225,556,492.02, compared to CNY 1,174,757,720.81 at the end of 2020[42]. - Total liabilities rose to CNY 140,719,097.40 from CNY 127,365,320.98, with current liabilities decreasing to CNY 102,289,259.25 from CNY 121,980,673.07[43]. - The company's total liabilities amounted to ¥135,076,075.81, slightly increasing from ¥132,941,532.96 at the end of 2020[38]. - Total liabilities increased from CNY 132,941,532.96 to CNY 172,982,714.26, reflecting an adjustment of CNY 40,041,181.30[63]. Shareholder Equity - Net assets attributable to shareholders increased by 3.86% to ¥1,098,573,725.56 from ¥1,057,765,071.43 at the end of the previous year[8]. - The total equity attributable to shareholders of the parent company was CNY 1,098,573,725.56, up from CNY 1,057,765,071.43[42]. - The total equity remained unchanged at CNY 1,058,043,518.62, indicating stability in the company's ownership structure[63]. Government Support and Investments - The company received government subsidies amounting to ¥2,300,243.40 during the reporting period[9]. - The company reported a fair value change and investment income from trading financial assets of ¥2,549,780.81[9]. - The company received CNY 445,000,000.00 from investment recoveries during the reporting period[58]. Operational Insights - The company has ongoing research and development efforts, although specific new products or technologies were not detailed in the provided content[31]. - Research and development expenses for Q1 2021 were CNY 10,162,534.49, slightly down from CNY 10,849,011.26 in the previous year[46]. - The company engaged in investor communications to discuss operational performance and future strategies, including a call with Athena Capital on January 11, 2021[30]. Other Financial Metrics - Financial expenses decreased by 67.80% mainly due to exchange rate fluctuations and increased interest income[17]. - The company reported a decrease in other comprehensive income, with a net amount of -CNY 71,424.24 compared to -CNY 221,095.27 in the previous period[47]. - The company has not engaged in any securities or derivative investments during the reporting period[20][21].