金海高科(603311) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 194,757,820.04, an increase of 19.22% year-on-year [6]. - Net profit attributable to shareholders of the listed company reached CNY 29,841,084.5, representing a significant increase of 60.92% compared to the same period last year [6]. - Basic earnings per share were CNY 0.15, up 15.38% from CNY 0.13 in the previous year [6]. - Total operating revenue for Q1 2021 reached ¥194,757,820.04, an increase of 19.2% compared to ¥163,354,440.48 in Q1 2020 [26]. - Net profit for Q1 2021 was ¥37,554,425.96, representing a 16.5% increase from ¥32,357,542.74 in Q1 2020 [26]. - The company's revenue for Q1 2021 was CNY 125,168,785.17, representing a 24.8% increase from CNY 100,348,052.20 in Q1 2020 [30]. - Net profit for Q1 2021 reached CNY 36,190,857.02, up 119.0% from CNY 16,507,469.73 in the same period last year [30]. - Operating profit for Q1 2021 was CNY 40,428,073.84, an increase of 95.5% compared to CNY 20,714,775.95 in Q1 2020 [30]. - The company reported a total comprehensive income of CNY 36,190,857.02 for Q1 2021, compared to CNY 16,507,469.73 in Q1 2020 [31]. Cash Flow and Liquidity - Cash flow from operating activities was CNY 2,678,491.21, a decrease of 92.42% compared to CNY 35,346,444.58 in the same period last year [6]. - The company's cash flow from operating activities showed a significant decline, with a net cash outflow of RMB 2,678,491.21, down 92.42% from RMB 35,346,444.58 [12]. - Cash inflow from operating activities was CNY 168,253,758.13, down from CNY 185,808,640.66 in Q1 2020 [33]. - In Q1 2021, the net cash flow from operating activities was -CNY 14,999,561.18, a decrease from CNY 18,313,880.70 in Q1 2020 [35]. - The company reported a total cash outflow from operating activities of CNY 115,917,520.30 in Q1 2021, compared to CNY 99,455,737.02 in Q1 2020 [35]. - The total cash and cash equivalents at the end of Q1 2021 were CNY 81,731,745.19, a decrease from CNY 232,029,085.07 at the end of Q1 2020 [36]. - The company's cash and cash equivalents decreased to RMB 275,932,286.08 from RMB 378,278,012.03, indicating a reduction in liquidity [18]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,217,012,230.05, a decrease of 1.37% compared to the end of the previous year [6]. - The company's total assets as of March 31, 2021, were RMB 1,217,012,230.05, a slight decrease from RMB 1,233,866,188.22 at the end of 2020 [19]. - Total assets amounted to ¥1,064,882,898.69 as of March 31, 2021, slightly up from ¥1,063,253,302.70 at the end of 2020 [24]. - Total liabilities decreased to ¥309,561,232.27 in Q1 2021 from ¥344,122,493.30 in Q4 2020, a reduction of 10.0% [24]. - Owner's equity increased to ¥755,321,666.42 in Q1 2021, compared to ¥719,130,809.40 in Q4 2020, marking a growth of 5.0% [24]. Shareholder Information - The total number of shareholders at the end of the reporting period was 16,669 [10]. - The largest shareholder, Huitou Holdings Group Co., Ltd., held 50.70% of the shares, with 37,074,200 shares pledged [10]. Expenses and Financial Metrics - Sales expenses decreased by 32.58% to RMB 6,201,023.51 from RMB 9,197,545.56, due to the implementation of new revenue recognition standards [12]. - Financial expenses surged by 177.78% to RMB 3,107,357.02 from RMB 1,118,638.12, primarily due to increased exchange losses [12]. - The cost of goods sold for Q1 2021 was CNY 87,793,203.47, compared to CNY 70,883,933.63 in Q1 2020, indicating a rise in operational costs [30]. - Research and development expenses for Q1 2021 were ¥4,060,726.60, up from ¥3,440,742.53 in Q1 2020, indicating a 18.0% increase [26]. - Research and development expenses increased to CNY 6,806,245.71 in Q1 2021 from CNY 4,954,419.55 in Q1 2020, reflecting a focus on innovation [30]. Other Income and Gains - Government subsidies recognized in the current period amounted to CNY 1,744,073.47, contributing to non-operating income [8]. - The company reported a total non-recurring gains and losses of CNY 1,503,605.11 for the period [9]. - Other income for Q1 2021 was CNY 1,733,390.46, down from CNY 6,129,675.71 in Q1 2020, indicating a decrease in ancillary revenue sources [30].