威海广泰(002111) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥602,886,465.36, representing a 37.71% increase compared to ¥437,786,943.76 in the same period last year[7] - Net profit attributable to shareholders was ¥74,970,027.82, up 40.95% from ¥53,187,572.39 year-on-year[7] - The basic earnings per share increased by 42.86% to ¥0.20 from ¥0.14 in the previous year[7] - Operating revenue increased by 37.71% to ¥602.89 million, driven by growth in military product sales[16] - Net profit rose by 40.78% to ¥75.27 million, influenced by revenue and cost factors[17] - The total profit increased by 38.82% to ¥83.93 million, attributed to the combined effects of revenue and cost expenses[17] - The total operating revenue for the first quarter was CNY 602,886,465.36, an increase from CNY 437,786,943.76 in the previous period[41] - The net profit for the period reached CNY 75,274,940.88, compared to CNY 53,470,082.72 in the same period last year, reflecting a growth of approximately 40.8%[43] - The earnings per share (EPS) for the current period was CNY 0.20, an increase from CNY 0.14 in the previous year[44] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥375,665,067.02, a decline of 126.40% compared to -¥165,932,051.56 in the same period last year[7] - The company's cash and cash equivalents decreased by 66.46% to ¥282.35 million due to payments for goods, loan repayments, and tax payments[16] - The cash flow from operating activities showed a net outflow of ¥375.67 million, an increase of 126.40% compared to the previous year, due to higher payments for goods and taxes[17] - Cash and cash equivalents at the end of the period decreased to ¥110,070,259.24 from ¥182,422,742.86, a decline of about 39.6%[52] - The company experienced a net decrease in cash and cash equivalents of 425,660,355.91 CNY during the quarter[55] Assets and Liabilities - Total assets decreased by 12.19% to ¥4,996,964,346.92 from ¥5,690,524,472.36 at the end of the previous year[7] - The company's current liabilities decreased to CNY 1.488 billion from CNY 2.272 billion, a reduction of about 34.5%[34] - The total liabilities decreased to CNY 1,126,944,166.81 from CNY 1,832,522,745.70[39] - Accounts receivable decreased from CNY 1.153 billion to CNY 971 million, a reduction of approximately 15.8%[32] - Inventory levels remained relatively stable, with a slight increase from CNY 1.339 billion to CNY 1.345 billion[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,112[11] - The largest shareholder, Xinjiang Guotai Airport Equity Investment Partnership, held 27.25% of the shares, totaling 104,036,387 shares[11] - The net assets attributable to shareholders increased by 2.52% to ¥3,307,048,528.67 from ¥3,225,877,629.45 at the end of the previous year[7] - The total equity attributable to shareholders increased to CNY 3.307 billion from CNY 3.226 billion, reflecting a growth of approximately 2.5%[35] Investment and Research - The company has invested CNY 512.4 million in bank financial products, with an outstanding balance of CNY 350 million[27] - Research and development expenses increased to CNY 31,133,205.20 from CNY 25,331,868.50, highlighting a focus on innovation[42] - Research and development expenses increased to ¥16,983,571.66 from ¥13,469,800.28, reflecting a growth of approximately 26.5%[46] Other Financial Metrics - The company reported non-recurring gains and losses totaling ¥4,908,365.60 for the period[8] - The weighted average return on net assets was 2.30%, an increase of 0.50% from 1.80% in the previous year[7] - The company recorded a significant increase of 5778.27% in fair value changes, amounting to ¥2.17 million, due to unexpired trading financial assets[16] - The company reported a financial income of CNY 1,608,269.61, compared to CNY 515,669.32 in the previous period, indicating improved financial management[42] - The company reported a financial expense of -¥2,679,425.40, a significant improvement compared to the previous period's expense of ¥4,594,437.64[46] Compliance and Strategy - The company reported no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[28][29] - There were no significant changes in the company's investment strategy or major new product developments reported in the conference call[30] - The company did not undergo an audit for the first quarter report[57] - The company did not apply the new leasing standards for the first quarter of 2021[56]