睿创微纳(688002) - 2021 Q1 - 季度财报

Financial Performance - Operating income for the first quarter reached CNY 380,597,510.22, a 64.94% increase year-on-year[5] - Net profit attributable to shareholders was CNY 120,781,379.74, reflecting a 42.04% growth compared to the same period last year[4] - Basic earnings per share rose by 42.02% to CNY 0.2714 compared to the same period last year[4] - The company reported a net profit excluding non-recurring gains and losses of CNY 118,077,203.81, a 44.70% increase year-on-year[4] - Total revenue for Q1 2021 reached RMB 380,597,510.22, a 64.94% increase compared to RMB 230,744,131.53 in Q1 2020[12] - Net profit for Q1 2021 was ¥120,482,784.53, representing a 41.6% increase from ¥85,062,952.74 in Q1 2020[26] - The total comprehensive income for Q1 2021 was ¥120,482,784.53, up from ¥85,062,952.74 in Q1 2020, indicating a growth of 41.6%[26] Revenue and Sales - Revenue from civilian products reached CNY 30,990,100, accounting for 82.30% of total operating income, up 77.83% year-on-year[5] - Domestic revenue increased by 31.60% to CNY 22,810,800, while overseas revenue surged by 167.11% to CNY 14,842,290[5] - Total revenue from sales of goods and services was CNY 350,102,425.78, compared to CNY 253,117,405.94 in Q1 2020, marking a growth of 38.3%[30] Cash Flow - Cash flow from operating activities surged by 196.09% to CNY 60,999,162.07 compared to the previous year[4] - Total cash inflow from operating activities was CNY 383,318,436.58, an increase of 43.1% compared to CNY 267,846,813.88 in Q1 2020[30] - The net cash flow from operating activities was CNY 60,999,162.07, significantly up from CNY 20,601,285.99 in Q1 2020[30] - Cash flow from investment activities showed a net outflow of CNY 428,309,262.34, compared to a net outflow of CNY 76,425,063.21 in the previous year[31] Assets and Liabilities - Total assets increased by 4.60% to CNY 3,707,574,323.56 compared to the end of the previous year[4] - Total liabilities decreased slightly to CNY 609,718,381.64 from CNY 614,810,188.85, a decline of approximately 0.2%[18] - Shareholders' equity increased to CNY 3,097,855,941.92 from CNY 2,929,765,403.89, representing a growth of about 5.7%[19] - Current assets totaled CNY 2,633,173,725.98, compared to CNY 2,553,840,558.36, reflecting an increase of about 3.1%[17] Research and Development - Research and development expenses accounted for 16.65% of operating income, an increase of 4.06 percentage points year-on-year[5] - R&D expenses rose to ¥29,039,927.82, an increase of 118.23%, reflecting continued investment in research and development[13] - Research and development expenses in Q1 2021 totaled ¥63,373,155.41, which is a 118.5% increase from ¥29,039,927.82 in Q1 2020[25] Financial Management - The weighted average return on net assets increased by 0.47 percentage points to 4.04%[4] - The company incurred a financial expense of CNY -2,358,256.42 in Q1 2021, an improvement from CNY -5,279,772.15 in Q1 2020, indicating better financial management[28] - The company reported an increase in investment income of ¥1,156,337.19, up 97.68% due to higher returns from joint ventures[13] Inventory and Receivables - Accounts receivable increased by 14.80% to RMB 370,165,850.56, attributed to higher sales volume during the reporting period[11] - Inventory levels rose by 15.77% to RMB 825,701,243.85, driven by increased production and raw material stocking[11] Tax and Other Expenses - The company reported a 38.30% increase in taxes payable, amounting to RMB 20,559,480.20, due to accrued corporate income tax[12] - The company’s income tax expense was ¥11,633,034.53, an increase of 34.14% due to higher total profits[13] - Other income decreased to ¥3,426,013.55, down 23.09% primarily due to reduced government subsidies recognized in the current period[13]