宗申动力(001696) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥2,179,421,434.60, representing a 63.05% increase compared to ¥1,336,620,930.25 in the same period last year[8] - Net profit attributable to shareholders was ¥129,033,447.46, up 30.42% from ¥98,938,452.88 year-on-year[8] - The net profit after deducting non-recurring gains and losses reached ¥114,676,562.84, reflecting a 38.02% increase from ¥83,085,344.50 in the previous year[8] - Basic and diluted earnings per share were both ¥0.1127, marking a 30.44% increase from ¥0.0864 in the previous year[8] - Operating revenue reached ¥2,179.42 million, up 63.05% year-on-year, driven by significant market expansion in the motorcycle and engine business[24] - Total operating revenue for the current period reached ¥2,230,593,800.59, a significant increase of 60.0% compared to ¥1,392,746,852.15 in the previous period[70] - Net profit for the current period was ¥141,935,166.89, representing a 30.5% increase from ¥108,788,876.82 in the previous period[73] Cash Flow and Liquidity - The net cash flow from operating activities was ¥103,094,445.69, a significant improvement of 263.32% compared to a negative cash flow of -¥63,123,873.43 in the same period last year[8] - The company reported a net increase in cash and cash equivalents of -¥446.05 million, a decline of 458.05%, primarily due to reduced cash flow from financing activities[28] - Cash inflow from operating activities totaled ¥1,842,089,405.36, an increase from ¥1,339,293,283.94 in the previous period[82] - The net cash flow from operating activities was -125,176,198.08, a significant decline compared to the previous period's positive cash flow of 7,442,686.77[90] - The ending cash and cash equivalents balance decreased to 71,134,738.37 from 422,596,590.31, indicating a significant reduction in liquidity[90] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,639,626,156.69, a slight decrease of 0.74% from ¥9,711,766,552.25 at the end of the previous year[8] - Current liabilities decreased to CNY 3,237,369,254.11, a reduction of 12.5% compared to CNY 3,702,878,787.47[56] - Total liabilities decreased to CNY 4,522,928,913.77, down 4.3% from CNY 4,727,243,697.66[56] - Non-current assets totaled CNY 3,905,276,604.60, a decrease of 8.4% from CNY 4,263,390,598.14[53] - Total equity attributable to shareholders was approximately ¥4.50 billion, remaining unchanged from the previous period[99] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 81,362, with the top ten shareholders holding a combined 42.26% of the shares[13] - Net assets attributable to shareholders increased to ¥4,617,017,754.56, up 2.65% from ¥4,497,745,085.66 at the end of the previous year[8] Investment and Financial Management - The company reported non-recurring gains of ¥14,356,884.62 after tax, with significant contributions from government subsidies and investment income[8] - The company has a total of 5,000 million RMB in fixed income asset management plans with expected annual returns of 4.00%[39] - The company has structured deposits with various banks, with a total amount of 12,000 million RMB and an expected annual return of 2.73%[39] - The company confirmed a fair value change gain of 2,295.52 million RMB from derivative investments during the reporting period[33] Research and Development - Research and development expenses rose to ¥41,365,780.15, compared to ¥36,380,813.78 in the previous period, indicating a focus on innovation[70] - Research and development expenses rose to ¥4,667,841.61, up 37.1% from ¥3,405,020.62 in the previous period, indicating a focus on innovation[77] Compliance and Governance - The company reported no instances of non-compliance with external guarantees during the reporting period[44] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[45] - The first quarter report was not audited[107] - The company has implemented the new leasing standards starting from 2021, with retrospective adjustments to prior comparative data[107]