科士达(002518) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 reached ¥473,106,450.01, representing a 95.70% increase compared to ¥241,746,902.64 in the same period last year[8]. - Net profit attributable to shareholders was ¥85,780,169.22, a significant increase of 316.62% from ¥20,589,461.22 in the previous year[8]. - The net profit after deducting non-recurring gains and losses was ¥75,788,106.78, up 484.73% from ¥12,961,206.95 year-on-year[8]. - Basic earnings per share increased to ¥0.15, up 275.00% from ¥0.04 in the previous year[8]. - The company reported a net profit of ¥1,594,108,891.42, up from ¥1,508,328,722.20, indicating an increase of about 5.7% in retained earnings[61]. - Net profit for the current period was ¥85,972,615.13, up from ¥20,458,892.37 in the previous period, reflecting a growth of approximately 320%[76]. - The company reported a total comprehensive income of ¥85,967,604.52 for the current period, compared to ¥20,483,708.65 in the previous period, reflecting an increase of approximately 320%[80]. - The company reported a net profit for the current period of 79,763,302.13, compared to 38,497,891.40 in the previous period, representing an increase of approximately 107.5%[84]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥34,253,276.44, a turnaround from a negative cash flow of -¥87,066,525.37 in the same period last year, marking a 139.34% improvement[8]. - The net cash flow from operating activities improved significantly to ¥34,253,276.44, a 139.34% increase from a negative cash flow of ¥87,066,525.37 in the previous year[21]. - The net increase in cash and cash equivalents was -¥145,842,836.32, a 467.04% decline from ¥39,734,585.73, mainly due to increased investments in financial products[24]. - Cash and cash equivalents decreased to CNY 410,794,852.76 from CNY 550,520,068.68, indicating a decline of approximately 25.4%[52]. - The company’s cash and cash equivalents at the end of the period decreased to 377,600,107.47 from 732,561,286.98, a decline of about 48.5%[94]. - The cash flow from investing activities resulted in a net outflow of -155,432,518.34, compared to a net inflow of 94,335,200.55 in the previous period[91]. - The net cash flow from investing activities was -216,584,758.46 CNY, a significant decrease compared to 122,980,075.37 CNY in the previous period[98]. - Total cash and cash equivalents at the end of the period amounted to 350,927,525.50 CNY, down from 610,347,926.29 CNY[98]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,214,435,252.86, a 1.94% increase from ¥4,134,227,158.38 at the end of the previous year[8]. - Total assets increased to ¥4,214,435,252.86, up from ¥4,134,227,158.38, representing a growth of approximately 1.3%[58]. - Total liabilities amounted to ¥1,315,429,878.43, down from ¥1,321,189,388.46, indicating a decrease of around 0.4%[58]. - The company's total liabilities increased to ¥1,333,031,804.57 from ¥1,323,324,447.62, showing a slight rise of about 0.5%[68]. - The total liabilities rose from 1,321,189,388.46 CNY to 1,335,027,695.83 CNY, indicating an increase of 13,838,307.37 CNY[103]. - The total current assets of Shenzhen Keda Technology Co., Ltd. as of March 31, 2021, amounted to CNY 2,829,901,544.17, an increase from CNY 2,789,198,593.62 as of December 31, 2020[52]. - The company reported a total of 2,813,037,769.92 CNY in total equity, remaining unchanged from the previous period[103]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,789, with the largest shareholder holding 59.74% of the shares[13]. - The company's equity attributable to shareholders rose to ¥2,891,385,982.51 from ¥2,805,610,823.90, marking an increase of about 3.1%[61]. Operational Highlights - Operating costs increased to ¥307,755,038.92, reflecting a 97.25% rise from ¥156,023,483.49 due to higher sales volume[21]. - The company has established a joint venture with CATL to focus on energy storage and charging solutions, with ongoing construction of the first phase of the factory[25]. - The company has expanded its overseas operations by establishing a wholly-owned subsidiary in Vietnam for production activities[25]. Investment Activities - The company reported non-recurring gains of ¥9,992,062.44, primarily from government subsidies and investment income[8]. - The company reported a net loss from investment income of ¥3,489,238.55, a decrease of 40.37% compared to ¥5,851,591.29 from the previous year[21]. - The financial expenses decreased by 57.47% to -¥3,904,356.76, primarily due to reduced foreign exchange losses[21]. Research and Development - Research and development expenses for the current period were ¥32,398,328.18, compared to ¥28,427,668.25 in the previous period, representing an increase of about 14%[73].