星湖科技(600866) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥34,610,819.02, reflecting a year-on-year increase of 7.38%[12] - Operating revenue for the period was ¥304,035,337.29, representing a growth of 6.01% compared to the same period last year[12] - Basic earnings per share increased to ¥0.0468, up 7.34% from ¥0.0436 in the previous year[12] - Total operating revenue for Q1 2021 was ¥304,035,337.29, an increase of 6.3% compared to ¥286,804,218.43 in Q1 2020[39] - Net profit for Q1 2021 reached ¥34,610,819.02, representing a 7.4% increase from ¥32,230,924.14 in Q1 2020[41] - The total profit for Q1 2021 was ¥36,191,050.46, up 1.6% from ¥33,650,147.05 in Q1 2020[41] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,464,072,661.28, an increase of 1.74% compared to the end of the previous year[12] - Total assets increased to ¥2,464,072,661.28 from ¥2,421,969,298.10, reflecting growth in both current and non-current assets[26] - Current liabilities decreased to ¥518,816,378.40 from ¥554,016,571.43, a reduction of approximately 6.3%[28] - Total liabilities rose to ¥760,466,811.00 from ¥752,974,266.84, an increase of approximately 1.9%[28] - Total equity attributable to shareholders increased to ¥1,703,605,850.28 from ¥1,668,995,031.26, a growth of about 2.1%[28] Cash Flow - Net cash flow from operating activities was ¥14,120,009.43, a decrease of 58.08% year-on-year[12] - Net cash flow from operating activities decreased by 58.08% to ¥14,120,009.43 from ¥33,680,925.89, mainly due to increased cash outflows for purchasing goods and paying performance bonuses[23] - Net cash flow from investing activities worsened to -¥86,830,402.39 from -¥32,629,737.53, primarily due to increased investment in the Zhaodong Fermentation Industrial Park project[23] - Net cash flow from financing activities improved by 256.62% to ¥69,558,444.82 from ¥19,504,888.75, mainly due to reduced cash outflows for loan repayments[23] Shareholder Information - The total number of shareholders at the end of the reporting period was 49,072[18] - The largest shareholder, Guangdong Guangxin Holdings Group, held 134,642,420 shares, accounting for 18.22% of the total shares[18] Expenses - Sales expenses dropped by 77.07% to ¥1,846,198.87 from ¥8,051,346.84, largely due to reclassification of certain costs to contract performance costs[21] - R&D expenses increased significantly, reflecting the company's higher investment in research and development during the reporting period[21] - Financial expenses rose by 104.52% to ¥15,861,549.18 from ¥7,755,423.90, primarily due to a decrease in borrowing rates[21] - Management expenses decreased to ¥34,172,548.29 in Q1 2021, down 25.6% from ¥45,921,546.07 in Q1 2020[39] Accounts and Inventory - Accounts receivable increased by 38.37% to ¥153,862,805.95 from ¥111,199,762.24, mainly due to the impact of the payment settlement cycle[21] - Prepayments decreased by 51.27% to ¥6,935,573.80 from ¥14,231,692.39, primarily because the balance was reduced after receiving invoices for material purchases[21] - Other current assets surged by 103.19% to ¥30,326,688.41 from ¥14,925,297.03, mainly due to an increase in VAT credits from the settlement of the Zhaodong Fermentation Industrial Park project[21] - Inventory decreased to ¥153,839,120.96 from ¥203,218,648.73, a reduction of approximately 24.3%[32] Other Income and Tax - The company received government subsidies amounting to ¥3,152,753.43, which are closely related to its normal business operations[15] - Other income for Q1 2021 was ¥3,152,753.43, an increase from ¥2,079,099.65 in Q1 2020[39] - The company received tax refunds amounting to CNY 2,962,015.17 in Q1 2021, significantly higher than CNY 1,170,162.50 in Q1 2020, representing a growth of 153.5%[53] Product Development and Strategy - The company has not disclosed any new product developments or market expansion strategies in this report[12]