北鼎股份(300824) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 174,739,962.71, representing a 53.55% increase compared to CNY 113,799,379.50 in the same period last year[7] - Net profit attributable to shareholders was CNY 28,617,436.78, up 32.50% from CNY 21,597,643.57 year-on-year[7] - The net profit after deducting non-recurring gains and losses was CNY 26,086,697.60, reflecting a 24.67% increase from CNY 20,924,988.07 in the previous year[7] - The total operating revenue for Q1 2021 was CNY 32,510,257.19, an increase from CNY 25,203,177.89 in the same period last year, representing a growth of approximately 29.1%[51] - The net profit for Q1 2021 reached CNY 28,617,436.78, compared to CNY 21,597,643.57 in Q1 2020, indicating a year-over-year increase of about 32.5%[51] - The operating profit for the quarter was CNY 32,375,783.57, up from CNY 25,044,247.17 in the previous year, reflecting a growth of approximately 29.4%[51] Assets and Liabilities - The company's total assets increased by 8.69% to CNY 880,879,498.44 from CNY 810,442,623.93 at the end of the previous year[7] - The total liabilities decreased by 58.50% to 8.98 million yuan, mainly due to the payment of last year's bonuses[16] - Total liabilities rose to CNY 191,534,614.01, up from CNY 149,715,176.28, indicating an increase of approximately 28.0%[43] - The company's total liabilities increased from CNY 149,715,176.28 to CNY 214,738,303.30, indicating a rise of CNY 65,023,127.02 due to the new leasing standards[67] Shareholder Information - The net assets attributable to shareholders rose by 4.33% to CNY 689,344,884.43 compared to CNY 660,727,447.65 at the end of last year[7] - The total number of shareholders at the end of the reporting period was 18,232[11] Cash Flow - The net cash flow from operating activities was CNY 14,947,440.85, a marginal increase of 0.65% compared to CNY 14,850,293.88 in the previous year[7] - The cash inflow from sales of goods and services reached ¥187,551,855.49, compared to ¥127,157,090.54 in the previous period, indicating a significant increase[58] - The net cash flow from investment activities was -¥276,568,473.63, worsening from -¥169,362,183.51 in the previous period[59] - The company reported a net decrease in cash and cash equivalents of -¥259,584,649.88, compared to -¥151,478,164.19 in the previous period[60] Revenue Breakdown - The "BUYDEEM" brand generated revenue of 126.32 million yuan in Q1 2021, reflecting a 44.77% year-over-year growth[18] - ODM/OEM business revenue increased by 82.42% year-over-year, reaching 48.42 million yuan in Q1 2021[21] - The overseas market for the "BUYDEEM" brand experienced a staggering 5,429.92% growth, generating 9.68 million yuan in revenue[24] Expenses and Costs - The sales expenses rose by 47.05% to 37.71 million yuan, driven by increased investments in brand promotion and talent acquisition[17] - The total operating costs for the quarter were CNY 149,918,844.97, up from CNY 89,551,134.22 in the previous year, representing an increase of approximately 67.5%[50] - Research and development expenses amounted to CNY 4,830,806.87, slightly higher than CNY 4,269,893.62 in the same quarter last year, showing an increase of about 13.1%[50] Investment Activities - The company reported non-recurring gains totaling CNY 2,530,739.18 for the period[8] - The company's investment activities resulted in a net cash outflow of 276.57 million yuan, a 63.30% increase in outflow compared to the previous year[16] - The total amount of raised funds is 281.78 million CNY, with 14.17 million CNY invested in the current quarter[31] Project Updates - The Kitchen Small Appliances Expansion Project has a total commitment of 109.09 million CNY, with 17.92% of the project completed by June 30, 2024[31] - The offline marketing for Quality Life Kitchen Small Appliances has a total commitment of 22.53 million CNY, with 90.76% of the project completed by December 31, 2021[31] - The online marketing network for Quality Life Kitchen Small Appliances has a total commitment of 99.40 million CNY, with 95.57% of the project completed by December 31, 2021[31] Corporate Governance - The company has not encountered any major difficulties or risks that would adversely affect its future operations[29] - The company has no violations regarding external guarantees during the reporting period[34] - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[35] Communication and Reporting - The company held investor communication activities on January 13, 2021, and March 30, 2021, discussing various topics with institutional investors[37] - The company has disclosed its financial statements for the first quarter of 2021, indicating ongoing financial management practices[39] - The first quarter report for 2021 was not audited, which may impact the reliability of the financial data presented[71]