久量股份(300808) - 2021 Q1 - 季度财报

Financial Performance - Revenue for Q1 2021 was CNY 157,883,192.37, an increase of 2.84% compared to CNY 153,525,074.94 in the same period last year[8] - Net profit attributable to shareholders was CNY 12,910,010.46, a decrease of 3.05% from CNY 13,316,178.46 year-on-year[8] - Net profit excluding non-recurring gains and losses increased by 7.91% to CNY 12,105,054.62 from CNY 11,217,335.11 in the previous year[8] - The company achieved operating revenue of 157.88 million yuan, an increase of 2.84% compared to the same period last year[22] - The net profit attributable to shareholders was 12.91 million yuan, a decrease of 3.05% year-on-year[22] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 12.11 million yuan, an increase of 7.91% year-on-year[22] - The total profit for the period was CNY 14,630,736.45, compared to CNY 17,814,861.11 in the previous year, indicating a decline of 17.3%[48] - The operating profit for the period was CNY 14,504,170.40, down from CNY 15,298,362.30 in the previous year, representing a decline of 5.2%[48] Cash Flow - Operating cash flow improved significantly, with a net cash flow of CNY -17,756,067.48, a 68.70% increase from CNY -56,726,817.85 in the same period last year[8] - The net cash flow from operating activities improved significantly, with a net outflow of 17.76 million yuan, a 68.70% reduction compared to the previous year's outflow of 56.73 million yuan[21] - The company recorded a total comprehensive income of CNY 13,154,966.28, compared to CNY 13,313,255.24 in the previous year, a decrease of 1.2%[49] - Operating cash flow for the first quarter was CNY 16,065,320.66, a significant improvement compared to a net outflow of CNY 48,530,778.00 in the same period last year[59] - The company experienced a net decrease in cash and cash equivalents of CNY 65,819,423.04, compared to a decrease of CNY 187,202,838.42 in the same quarter last year[60] Assets and Liabilities - Total assets decreased by 2.90% to CNY 1,349,872,259.82 from CNY 1,390,240,672.49 at the end of the previous year[8] - Cash and cash equivalents decreased by 48.07% to CNY 69,079,091.64 due to repayment of bank loans and expenditures on construction projects[17] - Accounts receivable increased to CNY 285,474,876.07 from CNY 266,058,347.04, reflecting an increase of about 7.3%[38] - Inventory rose to CNY 200,340,519.26, up from CNY 188,859,348.65, indicating an increase of approximately 6.9%[38] - The company's short-term borrowings decreased to CNY 64,775,363.52 from CNY 90,630,896.50, a reduction of about 28.5%[39] - Total current liabilities decreased to CNY 153,091,133.78 from CNY 162,142,814.32, showing a decline of approximately 5.6%[39] Expenses - Sales expenses decreased by 48.13% to CNY 5,132,793.70, primarily due to reclassification of contract performance costs[19] - Financial expenses increased by 187.23% to CNY 789,699.70, mainly due to the impact of the US dollar exchange rate[19] - Income tax expenses decreased by 67.20% to CNY 1,475,486.10, influenced by changes in tax rates[19] - Research and development expenses for Q1 2021 were CNY 4,949,431.73, slightly up from CNY 4,835,437.14 in Q1 2020, indicating a focus on innovation[47] Strategic Initiatives - The company plans to strengthen R&D and technological innovation to enhance product performance and reliability[24] - The company is actively expanding its domestic marketing network and exploring emerging markets in the Asia-Pacific region[24] - The company has established a stable channel network in major overseas markets, but faces risks from political and economic fluctuations[24] - The company is monitoring raw material price fluctuations and has strategies in place to mitigate their impact on profitability[25] Other Information - The company has no reported violations regarding external guarantees during the reporting period[32] - There were no significant changes in the feasibility of projects or expected returns during the reporting period[32] - The company did not engage in any research, communication, or interview activities during the reporting period[34] - The company has not undergone an audit for the first quarter report[61]