万丰奥威(002085) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for Q1 2021 was CNY 2,756,174,224.48, an increase of 15.62% compared to CNY 2,000,161,246.07 in the same period last year[8] - Net profit attributable to shareholders was CNY 168,308,703.16, representing a growth of 37.24% from CNY 104,264,088.85 year-on-year[8] - Net profit excluding non-recurring gains and losses reached CNY 155,296,089.68, a significant increase of 99.83% compared to CNY 77,712,897.01 in the previous year[8] - Basic earnings per share for the quarter was CNY 0.08, up 33.33% from CNY 0.05 in the same period last year[8] - Operating profit increased by RMB 72.83 million, a growth of 44.02%, due to sales growth and a decrease in three expenses[18] - Total profit for the current period was ¥238,330,171.15, an increase from ¥186,164,660.66 in the previous period[64] - The company's net profit for the current period is ¥205,980,516.21, an increase of 41.5% compared to ¥145,652,911.90 in the previous period[68] - The net profit attributable to shareholders of the parent company is ¥168,308,703.16, up from ¥122,641,051.81, representing a growth of 37.2%[68] - The total comprehensive income for the current period is ¥165,758,694.98, significantly higher than ¥14,991,934.48 in the previous period[68] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 15,982,125,233.89, a slight increase of 0.06% from CNY 13,186,115,830.53 at the end of the previous year[8] - As of March 31, 2021, the company's total current assets amounted to approximately CNY 7.13 billion, an increase of 1.74% from CNY 7.01 billion as of December 31, 2020[43] - The company's cash and cash equivalents decreased to approximately CNY 1.54 billion, down 8.00% from CNY 1.67 billion at the end of 2020[43] - Accounts receivable slightly decreased to approximately CNY 2.30 billion, a decline of 0.75% from CNY 2.31 billion[43] - Inventory increased to approximately CNY 2.58 billion, up 11.52% from CNY 2.31 billion[43] - Non-current assets totaled approximately CNY 8.85 billion, a decrease of 1.26% from CNY 8.96 billion[46] - The company's total liabilities amounted to approximately CNY 8.51 billion, an increase from CNY 8.46 billion[49] - The total equity attributable to shareholders of the parent company was approximately CNY 5.30 billion, a decrease from CNY 5.35 billion[52] Cash Flow - The net cash flow from operating activities was CNY 245,333,040.25, a decrease of 29.17% compared to CNY 423,682,009.41 in the same period last year[8] - Cash received from sales of goods and services increased by 29.62% compared to the same period last year, mainly due to increased cash inflow from sales[21] - Operating cash inflow totaled ¥3,635,206,831.50, an increase from ¥2,867,678,155.99 in the previous period[78] - Operating cash outflow amounted to ¥3,389,873,791.25, compared to ¥2,521,288,839.45 last year[78] - Cash flow from investing activities showed a net outflow of ¥68,437,591.80, improving from a net outflow of ¥465,627,825.32 in the previous period[78] - Cash flow from financing activities resulted in a net outflow of ¥305,231,326.25, compared to a net outflow of ¥419,780,872.73 last year[81] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,790[12] - The largest shareholder, Wan Feng Auto Group Co., Ltd., held 33.37% of the shares, amounting to 729,697,747 shares[12] - The company repurchased a total of 114,772,158 shares, accounting for 5.25% of the total share capital, with a total transaction amount of RMB 771,812,840.60[23] Corporate Governance and Commitments - The company reported a commitment from its controlling shareholder, Wan Feng Group, to avoid any business competition with Wan Feng Aowei after the completion of the restructuring[26] - The actual controllers, Chen Ailian and Wu Liangding's family, have also committed to not engaging in any competing business activities with Wan Feng Aowei post-restructuring[26] - The company has committed to not establishing subsidiaries that engage in similar business activities as Wan Feng Aowei during the tenure of its controlling shareholder[29] - The company has prioritized introducing business opportunities within its operational scope to Wan Feng Aowei[26] Other Financial Information - The company received government subsidies amounting to CNY 16,439,006.06 during the reporting period[8] - The company has not engaged in any securities or derivative investments during the reporting period[32][33] - There are no violations regarding external guarantees during the reporting period[35] - The company has not reported any non-operational fund occupation by controlling shareholders or related parties during the reporting period[36] - The company anticipates a significant change in net profit compared to the same period last year, but specific figures are not provided[34] - The company has conducted investor relations activities discussing its main business development and lightweight business strategy[39] - The company has not reported any major contracts affecting daily operations during the reporting period[34]