银河微电(688689) - 2021 Q1 - 季度财报

Financial Performance - Total assets increased by 51.44% to CNY 1,225,270,561.49 compared to the end of the previous year[6] - Net assets attributable to shareholders increased by 70.10% to CNY 980,124,781.30 year-over-year[6] - Operating revenue rose by 63.48% to CNY 172,120,876.56 compared to the same period last year[6] - Net profit attributable to shareholders surged by 118.73% to CNY 17,622,038.00 year-over-year[6] - Basic earnings per share increased by 75.00% to CNY 0.14 compared to the same period last year[6] - Operating revenue increased by 63.48% to ¥172,120,876.56 driven by sales growth[14] - Operating profit for Q1 2021 was ¥20,634,688.13, representing a 115.5% increase compared to ¥9,579,545.18 in Q1 2020[26] - Net profit for Q1 2021 after tax was ¥17,622,038.00, compared to ¥8,056,532.80 in Q1 2020, indicating a growth of 118.5%[26] - The company's revenue for Q1 2021 was CNY 151,601,375.72, representing a 71.3% increase compared to CNY 88,484,485.28 in Q1 2020[29] - The net profit for Q1 2021 was CNY 19,784,478.85, which is a 174.5% increase from CNY 7,201,936.32 in Q1 2020[30] - The operating profit for Q1 2021 reached CNY 23,213,763.08, up from CNY 8,494,428.90 in the same period last year, marking a 173.5% increase[29] - The company reported a total profit of CNY 23,326,302.03 for Q1 2021, compared to CNY 8,508,451.41 in Q1 2020, marking a 174.4% increase[29] Cash Flow - The net cash flow from operating activities increased by 73.42% to CNY 15,904,050.11 compared to the previous year[6] - Cash inflow from operating activities in Q1 2021 was CNY 153,299,883.91, compared to CNY 96,994,423.39 in Q1 2020, showing a 58.0% increase[31] - The net cash flow from operating activities for Q1 2021 was ¥15,904,050.11, an increase of 73.5% compared to ¥9,170,673.34 in Q1 2020[32] - Total cash inflow from operating activities was ¥119,075,763.22, up 72.5% from ¥69,016,376.43 in the previous year[34] - The company reported a total cash inflow from operating activities of ¥119,075,763.22, while cash outflows were ¥102,067,962.82, leading to a positive cash flow situation[34] Research and Development - R&D expenditure as a percentage of operating revenue increased by 0.35 percentage points to 6.13%[6] - R&D expenses increased by 73.28% to ¥10,547,088.64 as the company continued to increase its investment in research and development[14] - The company reported R&D expenses of ¥10,547,088.64 for Q1 2021, which is a 73.5% increase from ¥6,086,688.58 in Q1 2020[26] - Research and development expenses for Q1 2021 were CNY 7,539,203.96, compared to CNY 4,654,550.84 in Q1 2020, indicating a 62.0% increase[29] Shareholder Information - The total number of shareholders reached 11,502 by the end of the reporting period[10] - The largest shareholder, Changzhou Galaxy Xingyuan Investment Co., Ltd., holds 31.74% of the shares[12] Assets and Liabilities - The total assets increased to ¥1,225,270,561.49 from ¥809,105,481.52, reflecting significant growth in the company's financial position[19] - Total liabilities as of March 31, 2021, were ¥200,589,470.61, up from ¥185,001,122.98 at the end of 2020[24] - Shareholders' equity increased to ¥965,703,124.27 as of March 31, 2021, compared to ¥559,623,661.32 at the end of 2020, reflecting a growth of 72.3%[24] - Cash and cash equivalents stood at ¥251,145,958.01 as of March 31, 2021, compared to ¥185,880,015.96 at the end of 2020, marking a 35.1% increase[22] - Inventory as of March 31, 2021, was ¥74,971,419.47, up from ¥63,049,071.72 at the end of 2020, indicating an 18.5% increase[23] Investment Activities - Net cash flow from investing activities decreased by 256.84% to -¥368,209,653.52 primarily due to increased cash payments for wealth management products and long-term asset acquisitions[15] - The company invested ¥349,087,811.00 in fixed assets, a significant rise from ¥147,000,000.00 in Q1 2020, reflecting aggressive expansion strategies[32]