积成电子(002339) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥237,950,739.04, representing a 65.56% increase compared to ¥143,724,648.99 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥28,889,814.57, an improvement of 51.95% from a loss of ¥60,123,278.31 in the previous year[8] - The basic earnings per share were -¥0.06, an improvement of 50.00% from -¥0.12 in the same period last year[8] - The company's net profit for Q1 2021 was not explicitly stated, but the increase in operating revenue suggests potential profitability improvements[39] - The net profit for the first quarter was a loss of CNY 29,382,264.68, an improvement from a loss of CNY 61,738,333.31 in the same period last year[41] - The total profit for the first quarter was a loss of CNY 27,691,666.07, which is less than the loss of CNY 62,866,130.54 reported in the previous year[41] - The total comprehensive income for the first quarter was a loss of CNY 29,382,264.68, compared to a loss of CNY 61,738,333.31 in the same period last year[41] Cash Flow - The net cash flow from operating activities was a negative ¥279,490,486.70, which is a decline of 335.24% compared to a negative ¥64,215,312.72 in the same period last year[8] - Total cash inflow from operating activities was 407,640,987.19, while cash outflow was 687,131,473.89, resulting in a net cash flow of -279,490,486.70[48] - Cash inflow from financing activities amounted to 109,500,000.00, with a net cash flow of 90,218,139.71 after outflows[49] - The company reported a cash and cash equivalents balance of 589,451,478.82 at the end of the period, down from 810,641,026.72 at the beginning[49] - The company reported a decrease in cash and cash equivalents by -114,097,276.30 during the period[52] - Total cash inflow from operating activities for the parent company was 271,292,967.56, while cash outflow was 467,368,225.35, resulting in a net cash flow of -196,075,257.79[50] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,491,619,598.84, down 7.13% from ¥3,759,565,039.22 at the end of the previous year[8] - Cash and cash equivalents decreased to CNY 444,755,421.76 from CNY 579,349,515.99, a decline of 23.2%[33] - Total assets as of March 31, 2021, were CNY 2,800,258,771.52, down from CNY 2,982,261,614.72 at the end of 2020, reflecting a decrease of 6.1%[35] - Total liabilities decreased to CNY 1,244,259,191.07 from CNY 1,406,341,425.82, a reduction of 11.5%[36] - The total equity attributable to shareholders decreased to CNY 1,555,999,580.45 from CNY 1,575,920,188.90, a decline of 1.3%[36] Operating Performance - Operating revenue increased by 65.56% year-on-year, primarily driven by revenue growth in the power automation and public utility automation sectors[16] - Operating costs increased by 101.87% year-on-year, attributed to the increase in revenue during the reporting period[16] - Total operating revenue for Q1 2021 was CNY 237,950,739.04, compared to CNY 143,724,648.99 in the same period last year, representing a year-over-year increase of 65.6%[38] - Total operating costs for Q1 2021 were CNY 280,928,854.02, up from CNY 205,776,181.70 in the previous year, indicating a rise of 36.4%[39] - The company's inventory increased to CNY 470,853,844.90 from CNY 397,441,540.86, marking a rise of 18.5%[33] Research and Development - R&D expenses rose by 35.69% year-on-year, reflecting higher capitalized R&D investments during the reporting period[16] - The company reported R&D expenses of CNY 37,639,106.58 for Q1 2021, compared to CNY 27,738,482.94 in the previous year, reflecting a growth of 35.6%[39] - Research and development expenses for the quarter were CNY 22,051,804.01, up from CNY 17,294,653.12 in the previous year, reflecting increased investment in innovation[43] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,479[12] - The largest shareholder, Shandong State-owned Assets Investment Holding Co., Ltd., holds 10.23% of the shares, totaling 52,337,588 shares[12] Other Income and Expenses - The company reported non-recurring gains and losses totaling ¥1,420,913.74 for the period[9] - Other income increased by 87.62% year-on-year, driven by higher software revenue and VAT refund income[16] - The company achieved other income of CNY 3,761,457.50, compared to CNY 1,410,334.07 in the previous year, showing an increase in non-operating income[43] - The company incurred financial expenses of CNY 5,303,790.46, down from CNY 7,684,522.10 in the previous year, indicating improved cost management[43] - The company reported a credit impairment loss of CNY 5,092,585.04, compared to a loss of CNY -2,589,618.74 in the previous year, indicating a deterioration in credit quality[44] Cash Flow from Activities - Cash flow from investing activities decreased by 1278.77% year-on-year, mainly due to increased prepayments for fixed asset expenditures by subsidiaries[16] - Cash outflow from investing activities was 31,917,400.91, leading to a net cash flow of -31,917,200.91[48] - The cash flow from investment activities for the parent company was -2,613,057.24, compared to 3,892,231.51 in the previous year[52] Audit Information - The company did not undergo an audit for the first quarter report[54]