华锐精密(688059) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 261.66% to CNY 34,316,745.28 year-over-year[6] - Operating income rose by 111.77% to CNY 109,934,468.49 compared to the same period last year[6] - Basic earnings per share increased by 224.14% to CNY 0.94[6] - The company's operating revenue for Q1 2021 reached RMB 109,934,468.49, representing a 111.77% increase compared to RMB 51,911,063.18 in Q1 2020[15] - The net profit for Q1 2021 reached ¥34.32 million, representing a substantial growth of 262.5% from ¥9.49 million in Q1 2020[23] - The operating profit for Q1 2021 was approximately ¥39.63 million, up by 268.5% from ¥10.75 million in Q1 2020[22] - The company’s total profit for Q1 2021 was approximately ¥39.58 million, compared to ¥10.61 million in Q1 2020, marking a growth of 273.5%[23] Assets and Liabilities - Total assets increased by 56.53% to CNY 967,942,253.38 compared to the end of the previous year[6] - The company's total liabilities decreased to ¥162,765,453.78 from ¥207,206,007.48 at the end of the previous year[20] - Current assets totaled ¥570,981,016.81, up from ¥234,508,842.35 at the end of 2020[19] - The owner's equity increased to ¥805,176,799.60, compared to ¥411,169,988.01 at the end of 2020[21] Cash Flow - Net cash flow from operating activities improved by 244.65% to CNY 13,933,042.99 compared to the same period last year[6] - The cash flow from operating activities for Q1 2021 was ¥13.93 million, a turnaround from a negative cash flow of ¥9.63 million in Q1 2020[25] - The net cash flow from investing activities was -¥186,714,579.74, a significant decrease of 2573.16% year-on-year, mainly due to cash management of temporarily idle raised funds[16] - The net cash flow from financing activities reached ¥332,552,254.87, a 1537.90% increase compared to the previous year, primarily due to funds raised from the initial public offering[16] Shareholder Information - The total number of shareholders reached 2,650 by the end of the reporting period[12] - The top shareholder, Zhuzhou Xinkai Investment Management Co., Ltd., holds 5,643,000 shares, accounting for 17.10% of total shares[12] - The total number of shares outstanding increased by 33.33% to 44,008,000 shares following the IPO[15] Expenses and Costs - Management expenses rose to ¥7,257,496.35, a 107.12% increase year-on-year, mainly due to increased personnel compensation and promotional expenses[16] - Research and development expenses as a percentage of revenue decreased by 3.99 percentage points to 4.25%[8] - The research and development expenses for Q1 2021 were approximately ¥4.67 million, slightly up from ¥4.28 million in Q1 2020[22] - The gross profit margin improved significantly, with operating costs rising to RMB 53,209,523.15, an increase of 89.62% from RMB 28,061,050.49 in the same period last year[15] Future Plans - The company plans to enhance product performance and expand its market presence in the automotive and machinery sectors, which are showing positive growth trends[15] - The company is focusing on improving its cash management by utilizing part of the raised funds for temporary investments[14] Other Income and Tax - Other income increased significantly to ¥812,862.66, a 333.26% rise, primarily due to increased government subsidies[16] - Income tax expenses surged to ¥5,260,853.21, a 369.42% increase, mainly due to the rise in total profit for the period[16]