和林微纳(688661) - 2021 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 221.49% to CNY 33,957,258.43 year-on-year[5] - Operating income grew by 134.05% to CNY 90,244,075.86 compared to the same period last year[5] - Basic earnings per share increased by 221.59% to CNY 0.566[7] - The company reported a net profit for Q1 2021, with significant improvements in various financial metrics compared to the previous year, indicating positive growth prospects[24] - The company's net profit for Q1 2021 was CNY 33,957,258.43, a significant increase from CNY 10,562,476.86 in Q1 2020, representing a growth of approximately 221%[25] - Operating income for Q1 2021 reached CNY 39,316,251.50, compared to CNY 12,086,541.04 in the same period last year, indicating an increase of about 225%[25] Revenue and Income Growth - The company's revenue for Q1 2021 reached RMB 90,244,075.86, representing a 134.05% increase compared to RMB 38,557,500.10 in the same period last year, primarily driven by increased income from semiconductor chip testing services[17] - The total revenue from sales and services received in Q1 2021 was CNY 82,536,993.26, compared to CNY 46,722,504.68 in Q1 2020, representing an increase of about 77%[28] Cash Flow and Liquidity - Cash flow from operating activities increased by 300.57% to CNY 29,190,650.60 year-on-year[5] - Operating cash flow for Q1 2021 was CNY 29,190,650.60, a significant increase of 300.57% compared to CNY 7,287,333.64 in Q1 2020, primarily due to increased sales collections[19] - Total cash and cash equivalents at the end of Q1 2021 amounted to CNY 368,454,498.13, compared to CNY 6,700,699.56 at the end of Q1 2020, showing a substantial increase of over 5,400%[29] - The company reported cash inflow from financing activities of CNY 321,440,000.00 in Q1 2021, a significant rise compared to a cash outflow of CNY 19,333.34 in Q1 2020[28] Assets and Liabilities - Total assets increased by 154.23% to CNY 584,520,752.89 compared to the end of the previous year[5] - The company's total liabilities as of March 31, 2021, were CNY 76,310,912.82, compared to CNY 67,619,781.53 at the end of 2020[22] - The company's equity increased to CNY 508,209,840.07 as of March 31, 2021, from CNY 162,295,034.47 at the end of 2020, reflecting strong financial health[23] Research and Development - Research and development expenses as a percentage of operating income decreased by 29.06 percentage points to 4.76%[7] - Research and development expenses increased by 66.12% to RMB 4,295,798.97 from RMB 2,585,959.39, indicating a significant investment in innovation[17] - R&D expenses for Q1 2021 were CNY 4,295,798.97, up from CNY 2,585,959.39 in the same period last year, indicating a focus on innovation[24] Shareholder Information - The total number of shareholders reached 9,104 at the end of the reporting period[11] - The largest shareholder, Luo Xingshun, holds 38.25% of the shares, totaling 30,600,000 shares[12] Government Support - The company received government subsidies amounting to CNY 6,729,176.75 during the reporting period[9] - Other income saw a remarkable increase of 3307.19%, reaching RMB 6,758,280.01 compared to RMB 198,353.69, largely due to government subsidies received[17] Operating Costs - Operating costs for the same period were RMB 48,315,140.92, up 131.34% from RMB 20,885,095.56, reflecting higher costs associated with semiconductor chip testing[17] - The company incurred operating expenses of CNY 61,562,647.40 in Q1 2021, which is an increase from CNY 39,713,968.81 in Q1 2020, reflecting a growth of approximately 55%[28] Tax and Deferred Expenses - The company’s tax expenses increased by 251.51% to RMB 5,356,624.90 from RMB 1,523,911.27, driven by higher profits[17] - The company’s long-term deferred expenses rose by 93.99% to RMB 7,601,805.68 from RMB 3,918,588.94, attributed to workshop upgrades[16] Capital and Reserves - The total capital reserve increased by 430.41% to RMB 359,789,859.55 from RMB 67,832,312.38, reflecting the premium from the public offering[16] Cash Flow from Investing Activities - Net cash flow from investing activities was -CNY 9,665,725.59, reflecting higher fixed asset purchases compared to -CNY 3,762,261.99 in the previous year[19] Accounting Practices - The company has not applied the new leasing standards for the current year, indicating a focus on maintaining existing accounting practices[29]