隆鑫通用(603766) - 2021 Q1 - 季度财报

Financial Performance - Operating income for the period was CNY 2,843,249,686.32, representing an increase of 82.82% year-on-year[19] - Net profit attributable to shareholders of the listed company was CNY 170,216,913.98, up 60.29% from the previous year[19] - Basic earnings per share increased by 60.35% to CNY 0.0829[21] - The company achieved revenue of 2.84 billion yuan in Q1 2021, an increase of 82.82% year-on-year, with export revenue reaching 1.98 billion yuan, up 93.58%[33] - Net profit attributable to the parent company was 170 million yuan, a year-on-year increase of 60.29%, while the net profit after deducting non-recurring items was 157 million yuan, up 91.11%[33] - The motorcycle and engine business generated revenue of 1.67 billion yuan, a 72% increase year-on-year, with the "Wuji" series motorcycle sales reaching 7,300 units, up 115%[33] - Total operating revenue for Q1 2021 reached ¥2,843,249,686.32, a significant increase of 83% compared to ¥1,555,181,701.67 in Q1 2020[71] - Net profit for Q1 2021 was ¥171,414,643.90, compared to ¥91,463,085.92 in Q1 2020, representing an increase of 87%[73] Assets and Liabilities - Total assets at the end of the reporting period were CNY 13,117,818,597.45, a decrease of 0.07% compared to the end of the previous year[19] - Total assets at the end of the reporting period were 13.12 billion yuan, a slight decrease of 0.07% from the beginning of the year, while equity attributable to shareholders increased by 2.23% to 7.36 billion yuan[34] - Current assets totaled ¥7,821,418,289.70, showing a marginal increase from ¥7,806,138,826.18 in the previous period[52] - Total liabilities were reported at ¥5,417,648,906.22, down from ¥5,570,971,582.05, a decrease of about 2.7%[58] - Current liabilities totaled ¥4,957,726,263.22, a decrease from ¥5,097,953,717.50, indicating a reduction of approximately 2.8%[58] - The company's equity attributable to shareholders increased to ¥7,357,818,825.49 from ¥7,197,340,985.64, marking an increase of about 2.2%[61] Cash Flow - Net cash flow from operating activities was CNY 76,492,197.02, a significant improvement of 130.47% compared to the same period last year[19] - Cash inflows from operating activities totaled CNY 2,697,329,164.30 in Q1 2021, compared to CNY 2,058,577,314.87 in Q1 2020, marking an increase of about 31.0%[86] - Cash flow from operating activities generated a net amount of ¥76,492,197.02, a significant improvement compared to a net outflow of ¥251,014,850.89 in the previous year[90] - Cash inflow from investment activities totaled ¥5,051,090,584.50, up from ¥3,100,184,741.09, indicating a growth of approximately 62.9% year-over-year[90] - Cash outflow for investment activities was ¥5,123,928,026.10, compared to ¥3,049,258,117.94, reflecting an increase of about 67.9%[90] Shareholder Information - The total number of shareholders at the end of the reporting period was 45,583[29] - The largest shareholder, Longxin Holdings Co., Ltd., held 50.07% of the shares, with a total of 1,028,236,055 shares[29] Research and Development - Research and development expenses in Q1 2021 amounted to ¥67,839,755.47, an increase from ¥55,999,752.45 in Q1 2020, indicating a 21% rise[71] - Research and development expenses for Q1 2021 amounted to CNY 26,227,678.63, which is an increase from CNY 13,926,208.98 in Q1 2020, representing a growth of approximately 88.5%[79] Other Financial Metrics - The weighted average return on equity rose to 2.33%, an increase of 0.81 percentage points[19] - The company reported non-recurring gains and losses totaling CNY 13,263,172.27 for the period[25] - The financial expenses decreased by 52.64% to a negative 8.61 million yuan, attributed to reduced foreign exchange losses[40] - The company’s investment activities resulted in a net cash outflow of 191.57 million yuan, primarily due to increased investments in government bond reverse repos and fixed assets[46] - The company’s earnings guidance indicates continued growth in revenue and profit for the upcoming quarters, driven by expanding market share and new product launches[33]