菱电电控(688667) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue rose by 110.72% to CNY 199,893,947.21 compared to the same period last year[5] - Net profit attributable to shareholders increased by 137.23% to CNY 35,316,041.08 compared to the same period last year[5] - Basic earnings per share rose by 139.47% to CNY 0.91 compared to the same period last year[6] - The company's net profit for Q1 2021 was CNY 35,316,041.08, a significant increase from CNY 14,886,922.08 in Q1 2020, representing a growth of approximately 137.5%[21] - Operating income for Q1 2021 was CNY 39,559,337.55, compared to CNY 17,512,431.04 in the same period last year, indicating an increase of about 126.5%[21] - The total revenue from sales and services received in Q1 2021 was CNY 105,582,383.08, down from CNY 111,895,978.62 in Q1 2020, reflecting a decrease of approximately 5.5%[24] - The total comprehensive income for Q1 2021 was CNY 35,316,041.08, consistent with the net profit figure, indicating no additional comprehensive income items[21] Assets and Liabilities - Total assets increased by 115.24% to CNY 1,635,440,037.30 compared to the end of the previous year[5] - The total liabilities decreased to CNY 323,119,754.23 from CNY 363,918,632.99 at the end of 2020[18] - The company's total equity increased to CNY 1,312,320,283.07 from CNY 395,891,181.96 at the end of 2020[19] - Cash and cash equivalents surged by 988.81% to ¥304.44 million, primarily due to funds raised from the initial public offering[13] - The company's cash and cash equivalents increased to CNY 304,435,501.49 from CNY 27,960,506.79 at the end of 2020[17] Shareholder Information - The total number of shareholders reached 5,197 at the end of the reporting period[11] - The top shareholder, Wang Heping, holds 25.96% of the shares, totaling 13,397,369 shares[11] Research and Development - Research and development expenses accounted for 7.77% of operating revenue, a decrease of 3.03 percentage points compared to the previous year[6] - Research and development expenses increased by 51.50% to ¥15.53 million, driven by an expansion in R&D projects and personnel[14] - The company’s R&D expenses for Q1 2021 were CNY 15,526,970.53, an increase of 51.93% compared to CNY 10,249,112.37 in Q1 2020[19] Cash Flow - Net cash flow from operating activities decreased by 252.27% to -CNY 22,202,124.45 compared to the same period last year[5] - The net cash flow from operating activities for Q1 2021 was negative at CNY -22,202,124.45, compared to a positive CNY 14,580,404.43 in Q1 2020[24] - The company reported a significant increase in cash flow from financing activities, with a net cash flow of CNY 858,003,093.06 in Q1 2021, compared to a negative cash flow of CNY -1,190,962.09 in Q1 2020[24] Investment Activities - The company incurred cash outflows of CNY 564,103,054.48 for investment activities in Q1 2021, compared to CNY 2,127,390.35 in Q1 2020, indicating a substantial increase in investment spending[24] Future Outlook - The company plans to continue expanding its market presence and product offerings in the upcoming quarters[14]