芯源微(688037) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue surged by 1,229.72% to CNY 113,410,936.97 from CNY 8,528,919.27 year-on-year[11] - Net profit attributable to shareholders was CNY 6,504,245.57, a significant recovery from a loss of CNY 7,869,353.56 in the same period last year[11] - Basic and diluted earnings per share were both CNY 0.08, recovering from a loss of CNY -0.09 in the previous year[11] - Operating profit for Q1 2021 was ¥5.64 million, compared to a loss of ¥9.60 million in Q1 2020, indicating a turnaround in profitability[34] - The company's net profit for Q1 2021 was approximately ¥5.75 million, compared to a net loss of ¥9.60 million in Q1 2020, indicating a significant improvement[34] Assets and Liabilities - Total assets increased by 10.14% to CNY 1,348,812,992.50 compared to the end of the previous year[11] - The total liabilities increased to approximately ¥538.93 million, up from ¥426.00 million, representing a growth of 26.5%[32] - Current assets totaled approximately ¥1.14 billion, an increase from ¥1.03 billion in the previous year, marking a growth of 10.7%[32] - The total equity increased to approximately ¥809.89 million from ¥798.60 million, a growth of 1.4%[34] Cash Flow - The net cash flow from operating activities was negative at CNY -123,750,154.74, worsening from CNY -25,917,505.92 year-on-year[11] - Cash flow from operating activities showed a net outflow of ¥123,750,154.74 in Q1 2021, compared to a net outflow of ¥25,917,505.92 in Q1 2020[40] - Total cash inflow from operating activities was ¥137,935,918.31, while total cash outflow was ¥261,686,073.05 in Q1 2021[40] - The company reported cash and cash equivalents at the end of Q1 2021 amounting to ¥243,973,045.56, down from ¥411,317,454.63 at the beginning of the period[40] - The total cash flow for Q1 2021 showed a net decrease of ¥167,344,409.07, compared to a decrease of ¥262,065,423.36 in Q1 2020[40] Research and Development - R&D investment as a percentage of operating revenue decreased by 39.95 percentage points to 12.04% from 51.99%[11] - R&D expenses increased by 207.96% to RMB 13,654,481.94, reflecting higher personnel costs and R&D materials[22] - Research and development expenses for Q1 2021 were approximately ¥13.65 million, compared to ¥4.43 million in Q1 2020, reflecting an increase of 208.5%[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 7,658[17] - The largest shareholder, Shenyang Advanced Manufacturing Technology Industry Co., Ltd., holds 17.06% of the shares[17] Other Financial Metrics - The company's cash and cash equivalents decreased by 38.47% to RMB 272,204,565.23 due to investments in financial products and increased procurement expenses[20] - Accounts receivable increased by 79.97% to RMB 10,517,792.74, attributed to higher collections from receivables[20] - The company experienced a 90.23% increase in taxes and surcharges to RMB 1,190,647.73, correlating with the rise in revenue[22] - The company reported a significant decrease in investment income by 93.10% to RMB 122,388.33, due to reduced returns from financial products[26] - The company reported a government subsidy income of CNY 1,994,736.48 related to its normal business operations[14]