利通电子(603629) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter reached CNY 389,889,267.42, a 37.42% increase year-on-year[12] - Net profit attributable to shareholders increased by 47.70% to CNY 6,869,997.76 compared to the same period last year[12] - Basic earnings per share rose by 40.00% to CNY 0.07 per share[12] - Operating revenue for Q1 2021 was ¥389,889,267.42, a 37.42% increase compared to ¥283,714,417.51 in Q1 2020, attributed to the recovery from the impact of COVID-19[23] - The net profit for Q1 2021 was ¥6,400,610.34, reflecting a 37.61% increase from ¥4,651,305.90 in Q1 2020, driven by normalized operations[23] - Total operating revenue for Q1 2021 was $389.89 million, an increase of 37.4% compared to $283.71 million in Q1 2020[44] - Net profit for Q1 2021 reached $6.40 million, compared to $4.65 million in Q1 2020, representing a 37.5% year-over-year growth[46] Cash Flow - Net cash flow from operating activities was negative at CNY -46,023,336.73, compared to CNY -21,198,707.85 in the previous year[12] - Cash flow from operating activities for Q1 2021 was negative at -¥46.02 million, compared to -¥21.20 million in Q1 2020[55] - Cash flow from investing activities was negative at -¥48.40 million, a decrease from a positive cash flow of ¥137.60 million in Q1 2020[55] - Cash inflow from financing activities was 240,000,000.00 RMB, while cash outflow was 121,619,725.73 RMB, resulting in a net cash inflow of 118,380,274.27 RMB for Q1 2021[59] - The company reported a net increase in cash and cash equivalents of 19,289,769.96 RMB for Q1 2021, compared to 111,700,501.92 RMB in Q1 2020[59] Assets and Liabilities - Total assets increased by 2.62% to CNY 2,253,464,517.79 compared to the end of the previous year[12] - The company’s total current assets amounted to ¥1,664,424,907.16, up from ¥1,617,363,128.32 in the previous year[29] - Total liabilities amounted to ¥1,237,955,149.27, up from ¥1,181,874,820.77, showing a growth of around 4.8%[34] - Current liabilities rose to ¥1,197,707,131.26 from ¥1,153,037,808.65, representing an increase of approximately 3.9%[34] - The total liabilities as of the reporting date were $893.39 million, a slight decrease from $906.71 million in the previous period[40] Shareholder Information - The total number of shareholders at the end of the reporting period was 4,130[15] - The largest shareholder, Shao Shuwei, holds 48.41% of the shares, with 9,410,000 shares pledged[15] Research and Development - R&D expenses rose by 54.90% to ¥16,003,934.39, primarily due to increased material costs and a recovery in R&D activities after the pandemic[23] - Research and development expenses in Q1 2021 amounted to $16.00 million, up from $10.33 million in Q1 2020, indicating a 55.1% increase[44] - Research and development expenses increased to ¥11.48 million, up 47.1% from ¥7.80 million in Q1 2020[50] Government Support - The company received government subsidies amounting to CNY 3,252,255.64 during the reporting period[14] Other Financial Metrics - The weighted average return on net assets increased by 0.21 percentage points to 0.68%[12] - The company reported a significant decrease in financial expenses, which increased by 205.26% to ¥3,793,259.38 due to foreign exchange losses[23] - The company’s other receivables increased by 77.90% to ¥12,823,431.44, mainly due to pending payments from the transfer of equity in a subsidiary[20]