品渥食品(300892) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥318,258,718.21, representing a 15.95% increase compared to ¥274,475,616.06 in the same period last year[7]. - Net profit attributable to shareholders was ¥30,035,145.52, up 23.11% from ¥24,396,738.44 year-on-year[7]. - The company achieved operating revenue of CNY 318,258,718.21, a year-on-year increase of 15.95%[20]. - The net profit attributable to shareholders was CNY 30,035,145.52, reflecting a growth of 23.11% compared to the previous year[20]. - Total operating revenue for Q1 2021 was CNY 318,258,718.21, an increase from CNY 274,475,616.06 in the previous period[47]. - Net profit for Q1 2021 reached CNY 30,035,145.52, compared to CNY 24,396,738.44 in the same period last year, representing a growth of approximately 23.5%[49]. - The company reported a total comprehensive income of CNY 13,312,266.09 for the quarter, compared to CNY 18,351,788.42 in the previous year[54]. Cash Flow and Assets - The net cash flow from operating activities improved significantly, with a net outflow of ¥15,314,484.65, a 77.36% reduction from a net outflow of ¥67,649,848.71 in the previous year[7]. - The company’s cash flow from operating activities improved by 77.36%, with net cash inflow from sales of goods increasing[19]. - The cash flow from investment activities was positive at CNY 12,374,687.33, recovering from a negative cash flow of CNY -9,234,243.40 in the same period last year[57]. - The total assets at the end of the reporting period were ¥1,410,059,350.08, an increase of 3.03% from ¥1,368,571,758.27 at the end of the previous year[7]. - The company's total current assets reached RMB 1,179,627,583.99, compared to RMB 1,162,278,918.81 at the end of 2020, indicating an increase of about 1.5%[39]. - The cash and cash equivalents decreased slightly from RMB 486,884,397.53 at the end of 2020 to RMB 483,033,674.51, a decrease of approximately 0.6%[39]. Shareholder Information - The company reported a total of 14,671 common shareholders at the end of the reporting period[11]. - The largest shareholder, Wang Mu, holds 45.00% of the shares, totaling 45,000,000 shares[11]. Expenses and Liabilities - Total operating costs for Q1 2021 were CNY 285,891,270.57, up from CNY 244,506,277.44 in the previous period[48]. - The company's total liabilities were RMB 305,427,110.00, slightly up from RMB 297,183,951.01 at the end of 2020, showing an increase of about 2.4%[41]. - The total liabilities increased to CNY 328,874,431.80, with a rise of CNY 31,690,480.79 attributed to the new leasing liabilities[65]. Investment and Development - The company plans to enhance new product development capabilities and strengthen brand promotion to address intensified market competition risks[23]. - The cumulative investment in channel construction and brand promotion projects is RMB 22,773.84 million, achieving 84.74% of the planned investment[29]. - Research and development expenses for Q1 2021 were CNY 330,250.39, indicating ongoing investment in innovation[48]. Quality Control and Supply Chain - The company has established a strict quality control system and will implement comprehensive measures to ensure food safety throughout the supply chain[24]. - The company has sufficient raw material supply, and major suppliers are able to meet procurement needs reliably, despite potential risks from ongoing COVID-19 pandemic[26]. - The company maintains a high supplier concentration, which poses risks if suppliers fail to deliver products on time or if quality issues arise[25]. Government Support - The company received government subsidies amounting to ¥6,520,000, primarily related to industry-specific support[8]. Miscellaneous - The company has not experienced any major product quality incidents or disputes during the reporting period, although risks related to quality control still exist[24]. - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[33][34]. - The company has not encountered any overdue commitments from major stakeholders during the reporting period[27]. - The company has not yet audited the first quarter report for 2021[68].