爱乐达(300696) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥108,405,578.60, representing a 121.51% increase compared to ¥48,939,573.68 in the same period last year[9] - The net profit attributable to shareholders for Q1 2021 was ¥46,815,676.99, a 76.89% increase from ¥26,466,211.32 year-on-year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥45,975,671.60, up 96.72% from ¥23,371,691.65 in the previous year[9] - The basic earnings per share for Q1 2021 was ¥0.26, an increase of 73.33% compared to ¥0.15 in the same period last year[9] - The total profit for the period was ¥54,737,729.25, marking an 80.16% increase, driven by business growth[18] - The operating profit for the quarter was CNY 54,737,729.25, up 80.0% from CNY 30,382,991.62 in Q1 2020[52] - The total comprehensive income for the quarter was CNY 46,815,676.99, up from CNY 26,466,211.32 in the previous year[52] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,128,487,925.81, reflecting a 2.18% increase from ¥1,104,389,874.23 at the end of the previous year[9] - The net assets attributable to shareholders at the end of the reporting period were ¥1,009,671,672.43, which is a 5.02% increase from ¥961,430,062.00 at the end of the previous year[9] - The company's total equity increased to CNY 1,009,671,672.43 from CNY 961,430,062.00, reflecting a growth of about 5.0%[40] - The total current liabilities decreased to CNY 74,623,942.28 from CNY 83,228,882.94, a reduction of about 10.1%[39] - Non-current liabilities decreased to CNY 44,192,311.10 from CNY 59,730,929.29, showing a decline of approximately 26.0%[39] Cash Flow - The net cash flow from operating activities for Q1 2021 was -¥13,908,984.46, a decline of 54.77% compared to -¥8,986,629.67 in the same period last year[9] - The cash flow from operating activities showed a net outflow of CNY -13,908,984.46, worsening from CNY -8,986,629.67 in Q1 2020[56] - The net cash flow from investment activities improved by 177.00% to ¥53,340,813.46, mainly due to a reduction in principal used for purchasing financial products[20] - The cash flow from investment activities generated a net inflow of CNY 53,340,813.46, compared to a net outflow of CNY -69,274,772.80 in the same quarter last year[56] - The total cash outflow for investment activities was CNY 26,226,191.76, compared to CNY 316,530,846.20 in Q1 2020[56] - The net increase in cash and cash equivalents was 24,106,329.00 CNY, while the beginning balance was 149,835,036.06 CNY, leading to an ending balance of 173,941,365.06 CNY[59] Operational Highlights - The company's accounts receivable increased by 59.77% to ¥15,636,575.01, primarily due to substantial business growth and increased settlements[18] - Research and development expenses surged by 93.90% to ¥3,333,781.50, indicating a focus on enhancing product development capabilities[18] - The company reported a significant increase in construction in progress, up 483.21% to ¥42,845,869.44, reflecting ongoing business expansion and equipment procurement[18] - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[46] Risks and Compliance - The company faces risks related to industry policy adjustments and intensified market competition, which could impact future business development[22] - The company has identified potential risks associated with accounts receivable recovery and inventory turnover, which may affect liquidity and operational efficiency[25][26] - The company reported no violations regarding external guarantees during the reporting period[30] - There were no overdue commitments from major shareholders or related parties during the reporting period[31] - The company did not engage in any research, communication, or interview activities during the reporting period[32] - The company did not undergo an audit for the first quarter report[60] - The company is implementing new leasing standards starting in 2021, but it is not applicable for retrospective adjustments[60]