卓越新能(688196) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue rose by 32.36% to CNY 402,857,387.42 year-on-year[6] - Net profit attributable to shareholders increased by 62.15% to CNY 57,329,932.53 compared to the same period last year[6] - Basic earnings per share increased by 65.52% to CNY 0.48[6] - The company achieved operating revenue of CNY 403 million, an increase of 32.36% compared to the same period last year[10] - Net profit reached CNY 57.33 million, representing a year-on-year increase of 62.15%[10] - Operating profit for Q1 2021 was ¥59,155,837.15, up 63.0% from ¥36,299,135.80 in Q1 2020[20] - Net profit for Q1 2021 was ¥57,329,932.53, representing a 62.2% increase compared to ¥35,355,459.13 in Q1 2020[20] - The company reported a total comprehensive income of ¥57,329,932.53 for Q1 2021, up from ¥35,355,459.13 in Q1 2020[23] Assets and Liabilities - Total assets increased by 2.47% to CNY 2,342,607,633.69 compared to the end of the previous year[6] - The company's total assets amounted to CNY 2.34 billion, up from CNY 2.29 billion at the end of the previous year[13] - The company's total liabilities decreased to CNY 145,853,860.84 from CNY 149,031,643.47, representing a reduction of about 2.9%[19] - Shareholders' equity increased to CNY 1,929,731,835.17 from CNY 1,897,284,235.36, marking an increase of approximately 1.7%[19] - Non-current assets totaled CNY 1,140,472,260.23, up from CNY 1,104,450,099.33, representing an increase of about 3.3%[18] Cash Flow - Cash flow from operating activities improved by 60.74%, reaching -CNY 26,340,859.95[6] - The company’s cash flow from operating activities showed a net outflow of CNY 26.34 million, an improvement of 60.74% compared to the previous year[11] - The net cash flow from operating activities was negative at approximately -¥26.34 million in Q1 2021, an improvement from -¥67.10 million in Q1 2020[29] - The ending cash and cash equivalents balance was approximately ¥155.24 million in Q1 2021, down from ¥253.66 million in Q1 2020, reflecting a decrease of 38.7%[30] Research and Development - R&D investment accounted for 5.02% of operating revenue, up from 4.92%[6] - Research and development expenses rose by 35.22% to CNY 20.24 million, reflecting increased investment in R&D[11] - Research and development expenses increased to ¥20,239,756.76, a 35.1% rise from ¥14,967,799.28 in Q1 2020[20] - The company plans to continue investing in R&D to support future growth and innovation[20] Shareholder Information - The total number of shareholders reached 6,498 at the end of the reporting period[8] - The largest shareholder, Longyan Excellent Investment Co., Ltd., holds 48.75% of the shares[8] Other Income and Expenses - Government subsidies recognized in the current period amounted to CNY 2,621,834.03[7] - The company reported a significant increase in other income by 37.49% to CNY 27.08 million, mainly from increased VAT refunds[11] - Other income for Q1 2021 amounted to ¥27,075,740.39, an increase from ¥19,692,454.13 in Q1 2020[20] - Total operating costs for Q1 2021 were ¥375,028,715.67, up 27.1% from ¥295,134,764.10 in Q1 2020[20] - Financial expenses showed a significant improvement, with a net income of -¥8,261,693.69 in Q1 2021 compared to -¥1,017,728.41 in Q1 2020[20]