嘉寓股份(300117) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥342,717,122.42, representing a 62.68% increase compared to ¥210,663,876.77 in the same period last year[7] - The net profit attributable to shareholders was -¥18,026,778.35, an improvement of 56.40% from -¥41,347,509.31 year-on-year[7] - The net cash flow from operating activities was ¥5,625,905.37, a significant turnaround from -¥29,060,362.13 in the previous year, marking a 116.09% change[7] - The basic earnings per share for the period was -¥0.03, a 58.08% improvement from -¥0.06 in the same period last year[7] - The weighted average return on equity was -1.24%, slightly better than -1.33% in the previous year[7] - The company reported a revenue of 342.72 million, a year-on-year increase of 62.68% due to the previous year's pandemic impact on production capacity[17] - The company's operating costs increased to 308.13 million, reflecting a 60.13% rise compared to the previous year, also influenced by pandemic-related revenue reductions[17] - The company’s net profit attributable to shareholders was -18.03 million, a 56.40% improvement year-on-year, reflecting operational recovery[17] - The company reported no significant changes in net profit or major losses compared to the previous year, indicating stability in financial performance[30] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,000,813,945.07, down 9.30% from ¥5,513,566,072.65 at the end of the previous year[7] - The net assets attributable to shareholders decreased by 1.24% to ¥1,439,120,608.19 from ¥1,457,192,149.38 at the end of the last year[7] - The company's current assets totaled CNY 4,287,738,098.25, down from CNY 4,792,410,964.23, indicating a decrease of about 10.5%[36] - The total liabilities decreased to CNY 3,561,693,336.88 from CNY 4,056,373,923.27, a reduction of approximately 12.2%[38] - The total equity attributable to shareholders decreased to CNY 1,439,120,608.19 from CNY 1,457,192,149.38, reflecting a decline of approximately 1.2%[39] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,173[11] - The largest shareholder, 嘉寓新新投资（集团）有限公司, held 41.66% of the shares, totaling 298,597,706 shares[11] Research and Development - Research and development expenses decreased by 37.55% to 5.70 million, indicating a reduction in investment during the reporting period[17] - Research and development expenses for Q1 2021 were CNY 5,702,055.21, down from CNY 9,131,103.50 in the previous year[45] Operational Strategy and Market Position - The company is a leading player in the system doors and windows industry, with strong stability and innovation capabilities, and has a competitive advantage in the mid-to-high-end market[23] - The company is expanding its photovoltaic new energy business to reduce reliance on the single door and window main business, leveraging its nationwide production base for rapid growth in photovoltaic power station EPC business[23] - The company is transitioning from a decentralized to a centralized operational strategy in the door and window industry, focusing on system research and technical services while integrating resources in green building and photovoltaic sectors[24] - The company plans to expand its solar thermal technology and product offerings to enhance user experience and reduce production costs[17] Risk Management - The company faces risks related to macroeconomic cycles and industry policies, particularly in the real estate and renewable energy sectors[20] - The company has formed strategic partnerships with high-quality domestic clients to mitigate operational risks from real estate market fluctuations and is actively developing its door and window retail business to enhance risk resilience[21] - The ongoing COVID-19 pandemic poses risks to the company's operations, with potential impacts on performance if the international situation does not improve or if domestic outbreaks occur[25] - The company is committed to risk assessment and control, enhancing human resource reserves, and improving management efficiency to address uncertainties during its business transformation[24] - The company is implementing government pandemic prevention measures and utilizing digital platforms to support remote work and project execution to mitigate pandemic impacts[25] Cash Flow and Financing - Cash flow from operating activities generated a net inflow of 5,625,905.37 CNY, a recovery from -29,060,362.13 CNY in the same quarter last year[54] - The company incurred a cash outflow of 93,127,027.75 CNY in financing activities, compared to 658,569,831.47 CNY in the previous year[55] - The cash inflow from financing activities amounted to 70,000,000.00, while the cash outflow was 59,294,561.87, resulting in a net cash flow of 10,705,438.13[58] Compliance and Governance - The company has made commitments regarding related party transactions to ensure shareholder interests are protected and to avoid conflicts of interest[28] - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[31][32] - The first quarter report was not audited, which may affect the reliability of the financial data presented[60]