保隆科技(603197) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 104.63% to CNY 75,030,120.18, compared to CNY 36,666,062.12 in the same period last year[12]. - Operating revenue grew by 20.75% to CNY 931,818,451.75, up from CNY 771,699,212.95 year-on-year[12]. - The net profit after deducting non-recurring gains and losses increased by 85.30% to CNY 63,082,164.34[12]. - Net profit for Q1 2021 was RMB 73,970,304.43, compared to RMB 32,344,344.30 in Q1 2020, representing a significant increase of 128.5%[40]. - The total comprehensive income for Q1 2021 was CNY 67,433,835.03, compared to CNY 31,795,863.61 in Q1 2020, showing an increase of 111.2%[42]. Assets and Liabilities - Total assets increased by 4.69% to CNY 4,097,059,149.15 compared to the end of the previous year[12]. - Total liabilities reached ¥2,650,860,023.40, up from ¥2,540,855,289.60, indicating an increase of 4.3%[28]. - Current assets totaled ¥2,361,446,859.75, an increase of 5.9% from ¥2,230,639,072.81[28]. - Total liabilities increased to RMB 655,801,818.46 from RMB 642,878,028.73, reflecting a growth of 2.0%[36]. - The total liabilities to assets ratio is approximately 65%, suggesting a leveraged position[61]. Cash Flow - Net cash flow from operating activities surged by 653.44% to CNY 69,746,107.98 compared to CNY 9,257,073.43 in the previous year[12]. - The cash inflow from operating activities in Q1 2021 was CNY 1,054,571,128.17, up from CNY 862,327,440.50 in Q1 2020, representing a growth of approximately 22.3%[49]. - The company reported a net cash flow from financing activities of RMB 205.63 million, up 48.59% from RMB 138.39 million in the previous year[16]. - The net cash flow from investing activities was -90,398,439.08 RMB, worsening from -58,026,715.24 RMB, suggesting higher capital expenditures or investments[50]. - The company reported a total cash inflow from operating activities of 113,315,007.23 RMB, a substantial increase from 45,228,151.72 RMB in the previous year[54]. Shareholder Information - The total number of shareholders at the end of the reporting period was 15,546[13]. - The company's equity attributable to shareholders rose to ¥1,220,207,596.51 from ¥1,150,675,983.99, a growth of 6.0%[30]. - Shareholders' equity totaled approximately ¥1.37 billion, with the equity attributable to the parent company at approximately ¥1.15 billion[61]. Expenses - Operating costs for Q1 2021 were RMB 610.18 million, reflecting a 12.35% increase from RMB 543.10 million year-on-year[16]. - Sales expenses increased by 46.23% to RMB 93.64 million, primarily due to rising freight and customs fees[16]. - R&D expenses for Q1 2021 amounted to RMB 65.02 million, up 12.15% from RMB 57.97 million in the previous year[16]. - Research and development expenses for Q1 2021 were RMB 65,020,498.61, up from RMB 57,974,638.93 in Q1 2020, showing a growth of 12.5%[40]. Market and Growth Strategy - The increase in revenue was primarily driven by sales growth in automotive electronic products and related components in the Chinese market[16]. - The company plans to continue expanding its market presence and investing in new product development to sustain growth[16].