湘佳股份(002982) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was CNY 531,252,977.96, representing a 42.22% increase compared to CNY 373,544,495.97 in the same period last year[7]. - Net profit attributable to shareholders for Q1 2020 reached CNY 108,470,338.35, a significant increase of 230.73% from CNY 32,796,990.59 in the previous year[7]. - The net profit after deducting non-recurring gains and losses was CNY 108,404,027.46, up 245.26% from CNY 31,397,515.54 year-on-year[7]. - Basic earnings per share for Q1 2020 were CNY 1.42, a 230.23% increase compared to CNY 0.43 in the same period last year[7]. - The company reported a net profit of ¥109,522,853.78, a 227.36% increase compared to the previous period, driven by increased sales and pricing power[14]. - The total profit for Q1 2020 was CNY 118.60 million, a substantial rise from CNY 37.65 million in Q1 2019, marking an increase of 215.5%[40]. - The company's operating profit for Q1 2020 was CNY 118.59 million, compared to CNY 37.67 million in the same quarter last year, indicating a growth of 214.5%[40]. - The total comprehensive income for Q1 2020 was CNY 117.43 million, significantly higher than CNY 36.77 million in Q1 2019, representing a growth of 219.5%[41]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 1,544,806,147.30, reflecting a 15.80% increase from CNY 1,333,974,841.38 at the end of the previous year[7]. - The net assets attributable to shareholders increased to CNY 913,084,564.56, a rise of 13.48% from CNY 804,614,226.21 at the end of the previous year[7]. - Total liabilities increased to CNY 602,815,055.29 from CNY 499,586,971.82, reflecting a rise in both current and non-current liabilities[29]. - The company's total equity attributable to shareholders rose to CNY 913,084,564.56 from CNY 804,614,226.21, indicating a strengthening balance sheet[29]. Cash Flow - The net cash flow from operating activities was CNY 12,685,472.35, down 52.06% from CNY 26,458,604.28 in the same period last year[7]. - Cash inflow from operating activities totaled CNY 482.34 million, compared to CNY 404.12 million in the previous year, showing an increase of 19.4%[42]. - The net cash flow from investing activities was -¥32,953,537.90, worsening from -¥25,132,504.75 in the same period last year[44]. - Cash inflow from financing activities increased significantly to ¥79,000,000.00, compared to ¥20,000,000.00 in Q1 2019, marking a 295.0% increase[45]. - The ending balance of cash and cash equivalents was ¥228,013,817.78, an increase of 74.8% from ¥130,458,036.82 at the end of Q1 2019[45]. Shareholder Information - The company reported a total of 42 common shareholders at the end of the reporting period[10]. - Major shareholders include Yu Ziwen and Xing Weimin, each holding 30.16% of the shares[10]. Operational Metrics - Accounts receivable increased by 38.95% to ¥218,160,042.08 due to significant revenue growth, particularly in fresh products[14]. - Short-term borrowings rose by 103.51% to ¥116,000,000.00, reflecting increased bank loans during the quarter[14]. - Research and development expenses increased by 56.77% to ¥423,805.96, indicating a rise in investment in R&D activities[14]. - The gross profit margin improved significantly due to higher sales prices of fresh products amid supply shortages caused by the pandemic[14]. - Tax expenses increased by 32.63% to ¥1,168,765.85, reflecting higher profits from fresh product sales[14]. Inventory and Expenses - Inventory levels increased to CNY 145,882,914.09 from CNY 137,062,572.04, suggesting a buildup of stock possibly in anticipation of higher demand[29]. - The cash paid for purchasing goods and services was ¥281,333,595.60, which is a 39.6% increase from ¥201,550,017.17 in Q1 2019[47]. - The cash paid for taxes was ¥4,380,040.15, an increase of 71.8% compared to ¥2,552,346.00 in the same period last year[44]. - The cash paid to employees and for employee benefits was ¥85,013,845.45, up 8.3% from ¥78,236,183.47 in Q1 2019[44].