浩丰科技(300419) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥155,405,837.65, representing a 102.07% increase compared to ¥76,907,538.63 in the same period last year[7] - The net profit attributable to shareholders decreased by 71.92% to ¥1,750,051.90 from ¥6,231,866.15 year-on-year[7] - The total operating revenue for Q1 2021 was CNY 155.41 million, an increase of 102.07% compared to the same period last year[17] - The total profit for the period was CNY 2.03 million, a decrease of 70.77% year-on-year, while the net profit attributable to shareholders was CNY 1.75 million, down 71.92% year-on-year[17] - The decline in net profit was primarily due to increased operating costs and intensified market competition, leading to a decrease in gross margin[17] - The company's total equity increased slightly to CNY 780,799,568.87 from CNY 779,462,428.27, indicating a marginal growth of 0.2%[36] - The company reported a total profit of ¥889,971.82 for Q1 2021, a significant improvement from a loss of ¥370,854.70 in the same period last year[42] Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥-144,000,923.61, a decline of 229.33% compared to ¥-43,725,972.53 in the previous year[7] - Cash and cash equivalents decreased by 43.61% compared to the end of the previous year, primarily due to increased payment for goods[15] - As of March 31, 2021, cash and cash equivalents amounted to CNY 111.75 million, down from CNY 198.18 million at the end of 2020[29] - Cash and cash equivalents decreased significantly to CNY 13,365,552.40 from CNY 94,351,903.61, a drop of 85.8%[33] - The total cash and cash equivalents at the end of Q1 2021 were 8,728,291.95, down from 37,167,204.35 in Q1 2020, indicating a decrease of approximately 76.5% year-over-year[51] - The net increase in cash and cash equivalents for Q1 2021 was -77,424,186.21, compared to -20,584,213.28 in Q1 2020, showing a worsening cash position[51] - The cash flow from operating activities was primarily affected by a substantial increase in cash payments for goods and services, totaling ¥192,634,699.13 in Q1 2021, compared to ¥54,640,875.63 in Q1 2020[47] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,358,046,317.45, down 7.20% from ¥1,463,390,990.30 at the end of the previous year[7] - The company's total assets decreased to CNY 1.36 billion from CNY 1.46 billion at the end of 2020[30] - The total liabilities decreased to CNY 522.84 million from CNY 603.82 million at the end of 2020[31] - Total liabilities decreased to CNY 496,785,721.78 as of March 31, 2021, from CNY 568,986,677.38 at the end of 2020, a reduction of 12.7%[36] - Inventory levels decreased to CNY 439,824,036.81 from CNY 485,157,390.61, reflecting a reduction of 9.3%[33] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 42,419[11] - The company's basic earnings per share decreased by 71.60% to ¥0.0048 from ¥0.0169 in the same period last year[7] - The company reported a basic and diluted earnings per share of CNY 0.0048 for Q1 2021, down from CNY 0.0169 in Q1 2020, a decrease of 71.6%[40] Investment Activities - The company experienced a 156.96% increase in net cash flow from investing activities, as the decline in cash inflows was less than the decline in cash outflows[16] - The company completed the transfer of 51.25% equity in a subsidiary for a total consideration of CNY 9.58 million, which was received in full[19] - Investment activities generated a net cash inflow of ¥61,142,161.67 in Q1 2021, compared to ¥23,793,992.85 in the same period last year, showing an increase of approximately 157.5%[47] - The cash outflow from investment activities totaled 74,063,956.04, compared to 105,600,000.00 in the previous year, reflecting a decrease of about 29.9%[51] Regulatory and Compliance - The company applied for an extension to respond to the Shenzhen Stock Exchange's inquiry regarding its asset purchase and fundraising application, with an expected delay of no more than one month[20] - The report was approved for submission by the board on April 28, 2021, indicating timely compliance with regulatory requirements[58] - The Q1 2021 report was not audited, which may affect the reliability of the financial data presented[54] - The financial statements for Q1 2021 did not require adjustments for prior comparative data under the new leasing standards, suggesting stability in accounting practices[53] - The company did not report any violations regarding external guarantees during the reporting period[22]