瑞泰科技(002066) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥1,127,877,841.18, representing a 30.65% increase compared to ¥863,295,155.84 in the same period last year[8] - Net profit attributable to shareholders was ¥14,229,833.74, a significant turnaround from a loss of ¥9,617,902.14, marking a 247.95% increase[8] - The basic earnings per share increased to ¥0.0616 from a loss of ¥0.0416, reflecting a 248.08% improvement[8] - Operating revenue increased by CNY 264.58 million, a growth of 30.65%, driven by enhanced market development efforts and recovery from last year's pandemic impact[18] - Net profit attributable to shareholders increased by 247.95%, with total profit growing by 515.47%, primarily due to revenue growth and the previous year's pandemic effects[18] - Operating profit for the quarter was ¥44,153,227.38, significantly up from ¥8,396,961.20 in Q1 2020[44] - Net profit for Q1 2021 was ¥36,823,254.24, compared to ¥2,346,995.27 in the previous year, marking a substantial increase[44] - The total comprehensive income for the quarter was ¥36,823,254.24, compared to a comprehensive loss of ¥2,346,995.27 in Q1 2020[45] Cash Flow and Liquidity - The net cash flow from operating activities improved by 65.92%, reaching -¥25,475,518.94 compared to -¥74,758,926.76 in the previous year[8] - Cash flow from operating activities increased by CNY 49.28 million, a growth of 65.92%, attributed to reduced cash expenditures through increased acceptance bill payments[19] - The net cash flow from operating activities for the current period is -25,475,518.94 yuan, compared to -74,758,926.76 yuan in the previous period, indicating an improvement[51] - Total cash inflow from operating activities is 629,609,294.75 yuan, down from 679,853,336.79 yuan in the previous period, reflecting a decrease of approximately 7.4%[51] - Cash outflow from operating activities is 655,084,813.69 yuan, compared to 754,612,263.55 yuan in the previous period, showing a reduction of about 13.2%[51] - The ending balance of cash and cash equivalents is 262,163,131.66 yuan, up from 173,337,111.59 yuan in the previous period, representing an increase of approximately 51.2%[52] Assets and Liabilities - Total assets increased by 9.11% to ¥4,079,340,310.44 from ¥3,738,795,197.00 at the end of the previous year[8] - Current assets totaled CNY 2.82 billion as of March 31, 2021, compared to CNY 2.46 billion at the end of 2020, indicating a significant increase in liquidity[34] - Current liabilities rose to CNY 2,898,014,492.77, compared to CNY 2,593,194,592.16 at the end of 2020, indicating an increase of about 11.7%[36] - The total liabilities reached CNY 2,949,914,631.80, up from CNY 2,645,899,104.96, marking an increase of around 11.5%[36] - The equity attributable to shareholders increased to CNY 494,613,472.40 from CNY 480,383,638.66, showing a growth of about 2.7%[37] Research and Development - Research and development expenses increased by 36.69% to ¥31,969,200.00, indicating a focus on innovation[16] - R&D expenses rose by CNY 8.58 million, an increase of 36.69%, reflecting the company's commitment to increasing research and development investment[18] - Research and development expenses increased to ¥31,969,171.55, up from ¥23,388,745.25 in Q1 2020, reflecting a focus on innovation[42] Shareholder Information - The total number of shareholders at the end of the reporting period was 19,082, with the largest shareholder holding 40.13% of the shares[12] Other Income and Expenses - Other income increased by CNY 2.20 million, a growth of 49.31%, mainly due to increased government subsidies related to the company's daily operations[18] - The company recorded a tax expense of ¥7,908,046.87, up from ¥4,920,822.63 in Q1 2020[44] - The company experienced a credit impairment loss of ¥4,581,762.88, which was not present in the previous year[44] Future Outlook - The company plans to achieve a net profit of CNY 23 million to CNY 32.54 million for the first half of 2021, representing a growth of 606.82% compared to the same period last year[26] Regulatory Approvals - The company has received approval from the State-owned Assets Supervision and Administration Commission for its asset purchase and fundraising plan, pending final approval from the China Securities Regulatory Commission[20]