S佳通(600182) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue rose by 55.55% to CNY 782,477,279.54 year-on-year[5] - Net profit attributable to shareholders increased by 17.75% to CNY 13,502,640.67 compared to the same period last year[5] - Basic earnings per share increased by 17.80% to CNY 0.0397[5] - Total operating revenue for Q1 2021 reached ¥782,477,279.54, a significant increase of 55.5% compared to ¥503,043,762.43 in Q1 2020[24] - Net profit for Q1 2021 was ¥28,443,548.80, representing a 17.5% increase from ¥24,226,007.23 in Q1 2020[25] - The company's operating revenue for Q1 2021 was CNY 3,199,639.13, an increase of 16.4% compared to CNY 2,748,200.33 in Q1 2020[27] Cash Flow and Liquidity - Net cash flow from operating activities reached CNY 78,945,713.29, a significant recovery from a loss of CNY 153,304,806.00 in the previous year[5] - Cash received from sales of goods and services totaled 712 million RMB, a 127% increase year-on-year, indicating improved cash collection[12] - The total cash and cash equivalents at the end of Q1 2021 amounted to CNY 369,040,863.46, up from CNY 147,991,221.44 at the end of Q1 2020[32] - The company reported a significant increase in cash received from sales, totaling CNY 711,929,934.53 in Q1 2021, compared to CNY 313,458,954.52 in Q1 2020, representing a growth of 127.7%[30] - The cash outflow for investing activities was CNY 26,231,975.72 in Q1 2021, compared to CNY 8,463,462.81 in Q1 2020, indicating increased investment activity[31] - The company reported a cash outflow from financing activities of CNY 11,087,448.59 in Q1 2021, a decrease from CNY 96,383,287.48 in Q1 2020, suggesting reduced financing needs[31] Assets and Liabilities - Total assets increased by 9.18% to CNY 3,222,854,327.62 compared to the end of the previous year[5] - Total liabilities increased to 1.50 billion RMB from 1.26 billion RMB, reflecting the company's growing operational scale[18] - Total assets amounted to 3.22 billion RMB, up from 2.95 billion RMB at the end of the previous year[18] - Total liabilities as of March 31, 2021, were ¥6,629,846.93, down 33.0% from ¥9,935,978.43 at the end of 2020[22] Shareholder Information - The total number of shareholders reached 27,414 at the end of the reporting period[9] - The largest shareholder, Giti Tire (China) Investment Co., Ltd., holds 44.43% of the shares[9] Research and Development - Research and development expenses increased by 109% year-on-year to 5 million RMB, reflecting increased investment in R&D activities[12] - Research and development expenses for Q1 2021 were ¥5,299,901.64, an increase of 108.9% compared to ¥2,539,981.67 in Q1 2020[24] Financial Expenses - Financial expenses surged by 2104% year-on-year to 5 million RMB, mainly due to reduced foreign exchange gains from USD fluctuations[12] - The financial expenses showed a net income of CNY -8,715.26 in Q1 2021, compared to CNY -6,769.60 in Q1 2020, indicating a deterioration in financial costs[27] Other Financial Metrics - Non-recurring gains and losses amounted to CNY 534,164.07 for the reporting period[8] - Other receivables decreased by 62% to 2 million RMB, primarily due to the recovery of receivables from the previous year[11] - Accounts payable rose by 192% to 314 million RMB, attributed to changes in procurement models and rising purchase prices[11] - Prepayments at the end of the period were 39 million RMB, a 134% increase from the beginning of the period, due to increased raw material purchases[11] - The company incurred credit impairment losses of CNY 11,089.32 in Q1 2021, a significant increase from CNY 1,106.51 in Q1 2020, highlighting rising credit risks[27]