龙腾光电(688055) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period was ¥1,497,234,930.37, representing a significant increase of 78.88% year-on-year[16]. - Net profit attributable to shareholders was ¥230,281,965.56, a remarkable increase of 916.59% compared to the same period last year[16]. - The weighted average return on net assets increased to 5.95%, up by 5.23 percentage points from 0.72% in the previous year[16]. - Basic and diluted earnings per share were both ¥0.069, a substantial increase of 762.50% compared to ¥0.008 in the same period last year[16]. - The company reported a net profit of RMB 539,436,932.84 as of March 31, 2021, compared to RMB 309,154,967.28 at the end of 2020, reflecting an increase of about 74.4%[42]. - The net profit for Q1 2021 reached CNY 210,309,402.70, compared to CNY 28,132,367.91 in Q1 2020, indicating a substantial increase of about 648.5%[60]. - The total profit for Q1 2021 was CNY 243,400,591.29, compared to CNY 33,096,903.43 in Q1 2020, marking an increase of approximately 634.5%[58]. Cash Flow - The net cash flow from operating activities was ¥171,002,718.90, a turnaround from a negative cash flow of ¥62,482,491.62 in the previous year, marking an increase of 373.68%[16]. - The net cash flow from operating activities for Q1 2021 was ¥171,002,718.90, a 373.68% increase from a negative cash flow of ¥62,482,491.62 in Q1 2020[31]. - Cash inflow from financing activities was CNY 332,317,556.21, down from CNY 708,019,119.35 in the previous period[66]. - The ending cash and cash equivalents balance was CNY 326,878,971.14, down from CNY 144,756,352.12 in the previous period[68]. - Operating cash inflow totaled CNY 1,326,921,456.54, compared to CNY 966,481,019.99 in the previous period, reflecting a significant increase[66]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,869,404,844.50, an increase of 3.62% compared to the end of the previous year[16]. - Total current assets amounted to RMB 2,441,916,224.79, an increase from RMB 2,264,070,038.20 as of December 31, 2020, representing a growth of approximately 7.83%[37]. - The company's total liabilities amounted to RMB 1,886,698,665.70, down from RMB 1,911,943,899.46, indicating a decrease of about 1.32%[42]. - Total liabilities decreased slightly from ¥1,626,149,656.17 in Q1 2020 to ¥1,602,483,704.23 in Q1 2021, a reduction of approximately 1.5%[48]. - The company's equity increased to ¥4,084,336,165.42 in Q1 2021 from ¥3,874,053,114.74 in Q1 2020, reflecting an increase of about 5.4%[48]. Research and Development - Research and development expenses accounted for 3.22% of operating revenue, a decrease of 5.12 percentage points from 8.34% in the previous year[16]. - Research and development expenses decreased by 30.98% to ¥48,183,474.41 from ¥69,809,340.26, reflecting changes in R&D investment[31]. - The company reported a decrease in research and development expenses to CNY 43,915,326.26 in Q1 2021 from CNY 67,658,921.46 in Q1 2020, a reduction of about 35.1%[58]. Shareholder Information - The total number of shareholders at the end of the reporting period was 33,114, with the largest shareholder holding 45.90% of the shares[22]. - The equity attributable to shareholders increased to RMB 3,982,706,178.80 from RMB 3,752,450,565.26, representing a growth of approximately 6.13%[42]. Government Subsidies and Other Income - The company received government subsidies amounting to ¥1,514,911.58, which are closely related to its normal business operations[19]. - Other income decreased by 53.50% to ¥1,514,911.58, primarily due to a reduction in government subsidies recognized[31]. - The company reported other income of CNY 1,514,911.58 in Q1 2021, down from CNY 3,182,137.75 in Q1 2020, indicating a decrease of about 52.4%[58].