天马科技(603668) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter reached CNY 949,082,453.80, representing a 15.35% increase year-on-year[12] - Net profit attributable to shareholders was CNY 18,428,753.99, up 12.20% from the same period last year[12] - The company reported a decrease of 1.65% in net profit after deducting non-recurring gains and losses, totaling CNY 17,229,915.01[12] - Basic earnings per share remained stable at CNY 0.05[12] - Total operating revenue for Q1 2021 was CNY 949,082,453.80, an increase of 15.4% compared to CNY 822,754,718.65 in Q1 2020[48] - Total operating costs for Q1 2021 were CNY 894,568,262.14, up 14.7% from CNY 779,687,954.22 in Q1 2020[48] - Operating profit for Q1 2021 reached CNY 44,499,506.57, representing a 37.3% increase from CNY 32,421,337.52 in Q1 2020[48] - Total profit for Q1 2021 was ¥10,724,368.47, compared to ¥11,374,873.28 in Q1 2020, a decrease of 5.7%[54] - Net profit for Q1 2021 was ¥10,109,223.74, down from ¥10,597,091.31 in Q1 2020, representing a decline of 4.6%[56] - Operating profit for Q1 2021 was ¥11,051,515.72, compared to ¥14,545,926.60 in Q1 2020, reflecting a decrease of 24.3%[54] Cash Flow - Net cash flow from operating activities surged to CNY 107,632,693.90, a significant increase of 11,297.18% compared to the previous year[12] - Cash inflow from operating activities was ¥1,392,347,492.97 in Q1 2021, significantly higher than ¥847,986,308.36 in Q1 2020, indicating a growth of 64.4%[57] - Total cash outflow from operating activities reached 1,284,714,799.07 RMB, compared to 847,041,928.24 RMB last year[58] - Net cash flow from investment activities was -402,367,681.42 RMB, a decline from 7,130,528.77 RMB in the previous year[58] - Cash inflow from financing activities totaled 277,177,939.00 RMB, compared to 91,500,000.00 RMB last year[58] - Net cash flow from financing activities was 125,669,708.12 RMB, a recovery from -26,181,259.66 RMB in the previous year[61] Assets and Liabilities - Total assets increased by 16.53% to CNY 3,849,119,329.16 compared to the end of the previous year[12] - Total current assets increased to CNY 2,091,556,314.49 as of March 31, 2021, up from CNY 1,994,043,045.04 on December 31, 2020, representing a growth of approximately 4.9%[33] - Total non-current assets reached CNY 1,757,563,014.67 as of March 31, 2021, up from CNY 1,309,001,592.95 on December 31, 2020, reflecting a growth of approximately 34.2%[36] - Total liabilities amounted to CNY 2,249,602,505.78 as of March 31, 2021, compared to CNY 1,798,142,210.93 on December 31, 2020, marking an increase of about 25.1%[38] - The total equity attributable to shareholders increased to CNY 1,239,410,114.91 as of March 31, 2021, from CNY 1,219,000,271.84 on December 31, 2020, showing a growth of approximately 1.7%[38] Shareholder Information - The number of shareholders at the end of the reporting period was 23,484[18] - The largest shareholder, Chen Qingtang, holds 25.48% of the shares, with 86,557,557 shares pledged[18] Expenses - Management expenses grew by 30.19% to 28,430,218.84 from 21,837,079.13 mainly due to increased bonus provisions[24] - Research and development expenses in Q1 2021 amounted to CNY 16,119,886.64, an increase of 9.5% from CNY 14,728,635.69 in Q1 2020[48] - Research and development expenses increased to ¥11,790,528.47 in Q1 2021, up from ¥8,788,007.04 in Q1 2020, marking a rise of 34.1%[54] Other Financial Metrics - The weighted average return on equity increased by 0.08 percentage points to 1.50%[12] - Trading financial assets decreased by 94.88% to 3,086,367.14 from 60,335,076.71 due to the redemption of bank wealth management products[22] - Accounts receivable notes dropped by 65.22% to 1,517,946.93 from 4,364,580.33 as a result of the maturity of previously endorsed notes[22] - Long-term prepaid expenses increased by 53.64% to 33,487,357.62 from 21,796,457.91 due to new land rent and compensation for eel farming base construction[22] - Other non-current assets surged by 3,205% to 409,637,950.53 from 12,395,318.63, primarily from the acquisition of equity in six subsidiaries of COFCO Huagang[22] - Short-term borrowings rose by 39.13% to 813,203,796.47 from 584,500,935.07 to ensure sufficient raw material supply during peak production[22] - Contract liabilities increased by 35.42% to 85,354,358.92 from 63,030,590.79 due to increased customer demand for advance feed payments[22]