三达膜(688101) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 159.87 million, representing a year-on-year increase of 19.49%[5] - Net profit attributable to shareholders was CNY 63.23 million, an increase of 8.43% compared to the same period last year[5] - Basic and diluted earnings per share were both CNY 0.19, an increase of 11.76% compared to the previous year[5] - Total operating revenue for Q1 2021 was CNY 159,865,970.07, an increase of 19.5% compared to CNY 133,788,301.28 in Q1 2020[24] - The net profit for Q1 2021 reached CNY 10,329,221.05, representing a 16.3% increase compared to CNY 8,878,547.33 in Q1 2020[28] - The total profit for Q1 2021 was CNY 11,640,621.96, compared to CNY 9,333,201.50 in Q1 2020, marking a 24.7% increase[28] Cash Flow - The net cash flow from operating activities was negative CNY 33.74 million, worsening by 50.26% year-on-year[5] - The cash flow from operating activities for Q1 2021 was CNY 143,718,366.16, an increase from CNY 126,099,645.87 in Q1 2020[30] - The net cash flow from operating activities for Q1 2021 was -33,737,697.76 RMB, compared to -22,452,386.62 RMB in Q1 2020, indicating a decline in operational cash flow[31] - Total cash inflow from investment activities was 100,227,945.21 RMB, significantly lower than 706,388,309.69 RMB in the previous year, reflecting reduced investment recovery[31] - The net cash flow from investment activities was -226,279,410.27 RMB, compared to -213,597,442.94 RMB in Q1 2020, showing a continued outflow trend[31] - The total cash outflow from financing activities was 2,665,748.91 RMB, compared to 22,274,448.68 RMB in the previous year, indicating a significant reduction in financing outflows[32] Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 4.53 billion, a decrease of 0.03% compared to the end of the previous year[5] - The total assets as of March 31, 2021, were RMB 4,531,955,561.93, slightly down from RMB 4,533,102,478.72 as of December 31, 2020[18] - Total liabilities as of March 31, 2021, were CNY 1,128,336,951.80, down from CNY 1,193,271,407.12 at the end of 2020[20] - Current liabilities totaled CNY 727,290,522.61, a decrease of 9.1% from CNY 800,692,336.08 in the previous period[20] - Shareholders' equity increased to CNY 3,403,618,610.13 as of March 31, 2021, compared to CNY 3,339,831,071.60 at the end of 2020[20] Research and Development - The R&D investment accounted for 5.00% of operating revenue, up from 4.86% in the previous year[5] - R&D expenses for Q1 2021 amounted to CNY 7,990,682.42, representing an increase of 22.8% from CNY 6,504,689.88 in Q1 2020[24] - Research and development expenses increased to CNY 4,515,127.79 in Q1 2021, compared to CNY 3,860,405.61 in Q1 2020, reflecting a 17% rise[27] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,598[11] - The largest shareholder, Sanda Membrane Technology (Singapore) Co., Ltd., held 43.36% of the shares[11] Financial Position - The company's cash and cash equivalents amounted to RMB 941,691,635.66, down from RMB 1,193,976,534.34 as of December 31, 2020, indicating a decrease of approximately 21.06%[17] - Cash and cash equivalents decreased to CNY 759,294,232.19 from CNY 1,025,321,405.86 at the end of 2020, indicating a liquidity contraction[21] - Cash and cash equivalents at the end of Q1 2021 stood at 916,024,351.50 RMB, down from 650,135,820.04 RMB in Q1 2020[32] Other Financial Metrics - The weighted average return on equity increased by 0.07 percentage points to 1.90%[5] - The company's financial expenses decreased by 56.56% to RMB 1,091,778.73 from RMB 2,513,306.32, due to increased interest income and reduced interest expenses from lower borrowings[14] - The fair value changes in financial assets resulted in a loss of RMB 3,431,506.85, down 53.3% from RMB 7,347,811.24 in the previous year[14] - The company incurred credit impairment losses of CNY 5,218,244.76 in Q1 2021, compared to CNY 1,577,342.82 in Q1 2020, indicating a significant rise in credit risk[27]