兴民智通(002355) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥422,071,441.84, representing a 65.74% increase compared to ¥254,663,177.00 in the same period last year[8] - Net profit attributable to shareholders was ¥3,709,429.22, a significant turnaround from a loss of ¥33,098,793.48, marking an increase of 111.21%[8] - Basic and diluted earnings per share improved to ¥0.01 from -¥0.05, reflecting a 120.00% increase[8] - Revenue increased by 65.74% year-on-year, attributed to the recovery of the automotive market and increased orders[16] - Operating profit increased by 115.50% year-on-year, mainly due to the increase in revenue[16] - Net profit for Q1 2021 was CNY 2,309,299.41, recovering from a net loss of CNY 38,272,772.40 in Q1 2020[34] - The company reported a comprehensive income total of CNY 2,502,547.65 for Q1 2021, recovering from a comprehensive loss of CNY 38,040,541.18 in Q1 2020[35] Cash Flow - The net cash flow from operating activities was -¥87,347,497.80, a decline of 223.07% from -¥27,036,463.69 in the previous year[8] - Net cash flow from operating activities increased by 223.07% year-on-year, primarily due to lower cash payments for goods purchased and services received[16] - The company's operating cash flow net amount was -¥87,347,497.80, worsening from -¥27,036,463.69 in the previous period[41] - Total cash inflow from operating activities amounted to CNY 469,753,207.55, while cash outflow was CNY 296,708,464.50, resulting in a net cash inflow of CNY 173,044,743.05[43] - The company received CNY 426,344,357.61 in cash related to operating activities, a substantial increase from CNY 3,521,941.15 in the previous period[43] - The company paid CNY 182,533,955.19 in cash for other operating activities, significantly higher than CNY 12,586,200.24 in the previous period[43] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,087,733,633.62, down 4.77% from ¥4,292,519,140.00 at the end of the previous year[8] - Total liabilities decreased from CNY 1,730,830,193.22 to CNY 1,523,542,139.20, indicating a reduction in short-term borrowings[27] - The company's total assets as of March 31, 2021, were CNY 3,920,238,852.86, slightly down from CNY 3,964,518,300.88 at the end of 2020[30] - Current assets totaled CNY 1,858,522,723.33, a decrease from CNY 1,907,157,297.83 at the end of 2020, reflecting a decline of approximately 2.6%[30] - Total liabilities decreased to CNY 1,264,633,780.12 from CNY 1,331,640,625.48, showing a reduction of approximately 5%[31] - The company's equity increased to CNY 2,655,605,072.74 from CNY 2,632,877,675.40, reflecting a growth of about 0.9%[31] Shareholder Information - The company reported a total of 21,319 common shareholders at the end of the reporting period[11] - The largest shareholder, Sichuan Shengbang Chuangheng Enterprise Management Co., Ltd., holds 18.67% of the shares, totaling 115,848,000 shares[11] - There were no significant changes in the commitments of actual controllers, shareholders, or related parties during the reporting period[14] Research and Development - Research and development expenses decreased by 34.63% year-on-year, mainly due to reduced R&D investment in the current period[16] - Research and development expenses increased to ¥4,988.50 from ¥1,416.89, indicating a focus on innovation[37] Government Support - The company received government subsidies amounting to ¥2,401,474.40 during the reporting period[9] Other Financial Metrics - Total operating costs for Q1 2021 amounted to CNY 461,922,767.01, up from CNY 301,918,104.84 in the previous year, indicating an increase of about 53%[34] - The company incurred financial expenses of ¥10,507,650.48, up from ¥7,816,924.56, primarily due to increased interest expenses[37] Fundraising and Investments - The company plans to temporarily use up to CNY 900 million of idle raised funds to supplement working capital for a period not exceeding 12 months[17] - The net cash flow from investing activities was CNY -30,500.00, a decrease from a net inflow of CNY 113,753,540.53 in the previous period[43] Audit Status - The first quarter report was not audited[44]