彩虹集团(003023) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was CNY 287,780,542.42, representing a 51.38% increase compared to CNY 190,102,538.74 in the same period last year[7]. - Net profit attributable to shareholders was CNY 37,250,909.93, up 48.88% from CNY 25,021,042.52 year-on-year[7]. - The net profit after deducting non-recurring gains and losses reached CNY 36,931,618.56, marking a significant increase of 71.93% compared to CNY 21,481,068.86 in the previous year[7]. - Basic earnings per share rose to CNY 0.46, a 12.20% increase from CNY 0.41 in the previous year[7]. - Operating profit for Q1 2021 was ¥45,004,732.30, up 39.0% from ¥32,387,882.71 in the same period last year[38]. - Net profit for Q1 2021 was ¥38,661,590.15, representing a 43.9% increase compared to ¥26,810,718.81 in Q1 2020[38]. - The total comprehensive income for the period was CNY 32,143,869.58, an increase of 36.2% compared to CNY 23,610,208.88 in the previous period[42]. Cash Flow - The net cash flow from operating activities was CNY 177,674,174.22, an increase of 51.51% from CNY 117,270,983.99 in the same period last year[7]. - Cash received from sales and services amounted to ¥525,860,293.36, a 43.73% increase from ¥365,859,751.79 in the same period last year, indicating improved cash flow from operations[16]. - Cash inflows from operating activities amounted to CNY 532,176,147.57, up 43.3% from CNY 371,427,340.47 in the prior period[45]. - The ending cash and cash equivalents balance was CNY 984,940,822.59, up from CNY 373,068,925.29 at the end of the previous period[46]. - Cash outflows for purchasing goods and services were CNY 167,474,692.19, an increase of 24.3% from CNY 134,646,514.79[45]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,092,081,467.80, reflecting an 11.16% increase from CNY 1,881,968,471.31 at the end of the previous year[7]. - Total liabilities increased to ¥749,837,937.73 from ¥578,721,921.72, marking an increase of about 29.49%[30]. - The company's cash and cash equivalents rose to ¥1,013,334,207.82, compared to ¥863,183,796.99 at the end of 2020, an increase of approximately 17.36%[28]. - The total liabilities increased to ¥821,946,634.97 as of March 31, 2021, up from ¥637,347,201.11 at the end of 2020[36]. - The company reported a total current liability of CNY 577,070,736.45, including contract liabilities of CNY 249,245,595.90[53]. Shareholder Information - The company reported a total of 15,925 common shareholders at the end of the reporting period[10]. - The largest shareholder, Chengdu Rainbow Industrial Co., Ltd., holds 50.06% of the shares, totaling 40,561,879 shares[10]. - The net assets attributable to shareholders increased to CNY 1,295,075,608.37, up 2.98% from CNY 1,257,565,210.58 at the end of the last year[7]. Operational Highlights - The company's operating revenue for Q1 2021 reached ¥287,780,542.42, a 51.38% increase compared to ¥190,102,538.74 in the same period last year, primarily due to increased sales of household flexible heating appliances[15]. - Accounts receivable decreased by 36.49% to ¥101,424,428.98 from ¥159,694,673.69, mainly due to the collection of payments for household flexible heating appliances[14]. - The company reported a significant increase in contract liabilities, which rose by 67.06% to ¥416,396,660.61, attributed to advance payments received for household pest control products[14]. - The total amount of prepayments increased by 231.92% to ¥28,633,989.36, as the company ramped up material procurement in preparation for the peak production season of household pest control products[14]. - The company’s long-term investments increased to ¥293,624,477.53 from ¥233,624,477.53, reflecting a growth of approximately 25.67%[35]. Financial Management - The company's financial expenses showed a remarkable increase of 444.53%, resulting in a net income of -¥3,307,330.02, due to higher interest income from idle funds being converted into time deposits[15]. - The company reported a financial expense of -¥3,307,330.02 in Q1 2021, compared to -¥607,369.44 in the same period last year, showing improved financial management[37]. - The company has not engaged in any securities or derivative investments during the reporting period[18][19]. Research and Development - Research and development expenses for Q1 2021 were ¥6,455,897.89, up from ¥5,821,582.60 in the previous year, indicating a focus on innovation[37]. Audit Status - The company’s financial report for the first quarter was not audited[61].