乐鑫科技(688018) - 2021 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2021 reached ¥270,513,645.17, an increase of 118.78% compared to ¥123,645,610.61 in the same period last year[11] - Net profit attributable to shareholders was ¥33,999,374.93, representing a year-on-year increase of 261.98% from ¥9,392,486.60[11] - Basic and diluted earnings per share increased by 261.84% to ¥0.4248, driven by the significant rise in net profit[20] - The total comprehensive income for Q1 2021 was RMB 36,778,288.01, compared to RMB 14,133,590.72 in Q1 2020, reflecting a growth of 160.5%[68] - The company reported a significant decrease in other receivables by 51.32% to ¥6,759,707.66 from ¥13,884,858.86, due to the receipt of a corporate income tax refund from 2019[32] Cost and Expenses - Operating costs for Q1 2021 were ¥162,293,828.44, up 137.97% from ¥68,199,235.95 in Q1 2020, reflecting the increase in revenue[35] - Sales expenses increased by 84.79% to ¥9,789,393.08 due to a rise in the number of sales personnel and salary increases, alongside higher royalties and freight costs from increased revenue[38] - R&D expenses rose by 74.53% to ¥58,890,426.46, driven by an increase in R&D personnel and related costs, including software and other R&D expenditures[38] Cash Flow - Cash flow from operating activities showed a net outflow of ¥13,498,498.23, an improvement compared to a net outflow of ¥107,151,743.36 in the same period last year[11] - The company reported cash inflows from operating activities of RMB 312,564,150.44, a significant increase from RMB 153,678,903.26 in Q1 2020, representing a growth of approximately 103.5%[76] - The company’s cash flow from operating activities was negatively impacted by increased payments to employees, which rose to RMB 89,711,835.50 in Q1 2021 from RMB 53,664,197.72 in Q1 2020, an increase of approximately 67.1%[79] Assets and Liabilities - The company's other current assets increased by 54.77% to ¥19,369,716.08 from ¥12,515,259.44, attributed to increased prepaid corporate income tax and export tax refunds[32] - Total assets decreased slightly to CNY 1,824,142,336.62 from CNY 1,829,631,150.05, a decline of approximately 0.4%[51] - Current liabilities decreased to CNY 121,734,281.43 from CNY 137,678,253.52, a reduction of about 11.6%[51] - Total liabilities decreased to CNY 180,824,982.15 from CNY 188,500,793.77, a decline of about 4.0%[52] Shareholder Information - The total number of shareholders at the end of the reporting period was 7,238, with the largest shareholder, Lexin (Hong Kong) Investment Limited, holding 34,860,000 shares, accounting for 43.56% of total shares[24] - The total number of shares held by the top ten unrestricted shareholders was 50,000,000, with significant contributions from various investment firms[27] Research and Development - Research and development expenses increased by 74.53% year-on-year to ¥5,855,000, reflecting a strategy focused on core technology self-research[15] - The average number of R&D personnel increased by 33% year-on-year, contributing to higher R&D costs[15] - The company plans to continue investing in R&D and maintain its focus on core technology development to drive future growth[15] Taxation - The company’s tax payable increased dramatically by 1,867.83% to ¥9,641,062.24 from ¥489,932.64, reflecting an increase in the balance of value-added tax payable[35] - The company reported a 198.57% increase in taxes paid, totaling ¥5,945,478.00, primarily due to an increase in prepaid corporate income tax compared to the previous year[41] Other Financial Metrics - The gross profit margin for Q1 2021 was 40.0%, slightly down from 41.3% in 2020, while the chip gross margin increased to 46.8% from 45.7%[15] - The weighted average return on equity rose to 2.07%, an increase of 1.48 percentage points from 0.59% in the previous year[11] - Other income increased by 539.82% to ¥211,159.24, resulting from an increase in government subsidies related to daily operations[38]