新光光电(688011) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the current period was CNY 29,268,191.13, representing a significant increase of 99.86% year-on-year[6] - Net profit attributable to shareholders of the listed company reached CNY 9,471,956.80, a remarkable increase of 645.20% compared to the same period last year[6] - Basic earnings per share were CNY 0.095, an increase of 658.82% year-on-year[7] - The company achieved operating revenue of 29.27 million RMB in Q1 2021, an increase of 99.86% compared to the same period last year[14] - The net profit attributable to shareholders was 9.42 million RMB, representing a 631.68% increase year-on-year[17] - The company’s operating profit surged by 595.30% to approximately 11.01 million RMB, driven by increased revenue and improved gross margins[17] - Net profit for Q1 2021 was CNY 9,420,455.60, compared to a net loss of CNY 1,771,825.37 in Q1 2020, indicating a significant turnaround[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,320,212,179.5, a decrease of 0.60% compared to the end of the previous year[6] - As of March 31, 2021, total current assets amounted to 1,111,912,419.08 RMB, a slight decrease from 1,127,354,030.12 RMB at the end of 2020[21] - Total liabilities decreased to 77,710,863.32 RMB from 96,340,985.46 RMB at the end of 2020[23] - The total assets as of March 31, 2021, were 1,320,212,179.53 RMB, slightly down from 1,328,234,023.83 RMB at the end of 2020[23] - Total liabilities decreased to CNY 54,403,171.59 from CNY 78,518,651.63, reflecting a reduction of approximately 30.7%[26] - The company's total equity was reported at 1,231,893,038.37 RMB, remaining stable compared to the previous year[40] Cash Flow - The net cash flow from operating activities was CNY -23,637,370.60, an improvement of 13.91% compared to the same period last year[6] - The net cash flow from investing activities for Q1 2021 was -150,309,638.83 RMB, a significant decrease of 617.53% compared to the same period last year[18] - The net cash flow from financing activities was -25,083,993.06 RMB, reflecting a 200.10% change due to loan repayments[18] - The net cash flow from operating activities was -21,836,461.20 RMB, an improvement from -27,343,249.30 RMB in the previous year, indicating a 20.5% reduction in cash outflow[36] Research and Development - Research and development expenses accounted for 19.89% of operating revenue, a decrease of 14.35 percentage points compared to the previous year[7] - Research and development expenses for Q1 2021 were CNY 5,822,114.50, up from CNY 5,013,649.35 in Q1 2020, indicating a focus on innovation[28] - Research and development expenses increased to ¥6,289,027.81 in Q1 2021 from ¥5,457,803.39 in Q1 2020, reflecting a focus on innovation[30] Shareholder Information - The total number of shareholders at the end of the reporting period was 6,064[10] - The company's equity attributable to shareholders increased to 1,240,634,162.91 RMB from 1,229,974,383.87 RMB at the end of 2020[23] Government Support - The company received government subsidies amounting to CNY 3,508,709.53 during the reporting period[8] Future Outlook - The company plans to continue normal production and operational activities following the pandemic's impact on the previous year[14] - The company plans to focus on market expansion and new product development as part of its future strategy[39] Other Financial Metrics - The financial expenses turned negative at -3.21 million RMB, a significant decrease of 1864.67%, primarily due to increased interest from bank deposits[16] - The company’s tax expenses rose by 763.14% to approximately 1.68 million RMB, reflecting higher taxable income[17] - The company reported a total of 22,189,700.00 RMB in notes receivable, down from 25,232,500.00 RMB year-over-year[21] - The company recorded other income of ¥2,955,620.46 in Q1 2021, compared to ¥1,940,944.02 in Q1 2020[30]