国睿科技(600562) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue surged by 227.14% to CNY 833,812,570.43 from CNY 254,879,976.36 in the same period last year[4] - Net profit attributable to shareholders increased by 973.23% to CNY 75,039,968.63, up from CNY 6,991,999.69 year-over-year[4] - Basic earnings per share rose by 500.00% to CNY 0.06 from CNY 0.01 in the same quarter last year[5] - The company's operating revenue for the first quarter of 2021 was 833,812,570.43 RMB, representing a 227.14% increase compared to 254,879,976.36 RMB in the same period last year[11] - The net profit for Q1 2021 was CNY 74,821,341.18, a significant increase compared to a net loss of CNY 1,909,958.22 in Q1 2020, representing a turnaround in performance[22] - The total profit for Q1 2021 reached CNY 96,617,592.44, compared to a loss of CNY 108,747.03 in the same period last year[22] - The basic and diluted earnings per share for Q1 2021 were both CNY 0.06, up from CNY 0.01 in Q1 2020, indicating improved profitability on a per-share basis[23] - The company's operating profit for Q1 2021 was CNY 96,260,974.46, a recovery from an operating loss of CNY 115,344.99 in Q1 2020[22] Assets and Liabilities - Total assets increased by 7.51% to CNY 8,357,497,577.67 compared to the end of the previous year[4] - The company’s total assets increased to 8,357,497,577.67 RMB, up from 7,773,487,437.62 RMB, indicating a growth in overall financial position[16] - Total liabilities reached CNY 3,451,570,461.68, with current liabilities accounting for CNY 3,413,575,091.95, indicating a high level of short-term obligations[32] - Shareholders' equity totaled CNY 4,321,916,975.94, with equity attributable to the parent company at CNY 4,314,699,532.34, reflecting strong retained earnings[33] - The total liabilities to equity ratio stands at approximately 0.80, indicating a balanced capital structure[32] Cash Flow - Net cash flow from operating activities decreased by 106.97% to -CNY 8,507,475.60 compared to CNY 122,120,076.34 in the previous year[4] - The cash flow from operating activities showed a decrease of 15.98%, with cash received from sales and services at 482,475,245.14 RMB compared to 574,260,196.75 RMB in the previous period[12] - The cash flow from operating activities for Q1 2021 was CNY 482,475,245.14, down from CNY 574,260,196.75 in Q1 2020, indicating a decrease in cash inflow from operations[26] - Total cash inflow from investment activities was 100,678,383.57 RMB, while cash outflow was 6,787,101.00 RMB, resulting in a net cash flow of 93,891,282.57 RMB[27] - Cash and cash equivalents at the end of the period reached 1,069,443,979.80 RMB, up from 718,571,308.98 RMB in the previous year[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 35,735[7] - The largest shareholder, Nanjing Electronic Technology Research Institute, holds 56.61% of the shares[7] - The company is under the control of China Electronics Technology Group Corporation, which influences its major shareholders[9] Operating Costs and Expenses - The operating costs increased to 671,669,187.51 RMB, up 214.80% from 213,362,194.95 RMB year-on-year, primarily due to the increase in operating revenue[11] - The company reported a significant increase in income tax expenses, which rose to 21,796,251.26 RMB, a 1110.09% increase from 1,801,211.19 RMB in the previous year, due to higher profit levels[12] - The company incurred credit impairment losses of CNY 6,899,856.09 in Q1 2021, compared to CNY 6,891,210.69 in Q1 2020, showing stability in credit risk management[22] Investments and Financial Income - The company recognized a financial income of 639,984.50 RMB from investments, attributed to the maturity of financial products purchased with idle funds[12] - The company reported a significant increase in investment income of CNY 2,228,144.89 for Q1 2021, compared to CNY 2,053,938.70 in Q1 2020[24] - The company has a long-term equity investment valued at CNY 513,511,400.00, suggesting strategic investments in other entities[31] Inventory and Receivables - The accounts receivable decreased by 53.87%, from 288,885,084.28 RMB to 133,269,526.27 RMB, due to the settlement of receivables[10] - The prepayments increased by 47.84%, reaching 1,422,142.46 RMB compared to 961,949.45 RMB in the previous year, attributed to an increase in advance rental payments[10] - Inventory stood at CNY 2,086,042,461.25, highlighting the company's substantial stock levels[31] Accounting Standards - The company has implemented new accounting standards for leases, which may affect future financial reporting and asset valuations[34] - The company implemented new leasing standards effective January 1, 2021, impacting asset and liability recognition[38]