摩恩电气(002451) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥167,047,155.73, representing a 169.74% increase compared to ¥61,929,415.15 in the same period last year[9] - Net profit attributable to shareholders was ¥2,652,607.21, a significant turnaround from a loss of ¥9,352,955.28 in the previous year, marking a 128.36% increase[9] - The basic earnings per share increased to ¥0.006 from a loss of ¥0.02, reflecting a 130.00% improvement[9] - The company's operating revenue increased by 169.74% compared to the same period last year, primarily due to increased sales efforts and market expansion[22] - Total operating revenue for Q1 2021 was CNY 167,047,155.73, compared to CNY 61,929,415.15 in the same period last year, representing a significant increase[47] - Net profit for Q1 2021 was CNY 2,559,685.29, a recovery from a net loss of CNY 9,345,459.64 in the previous year[49] - Operating profit for Q1 2021 was CNY 1,334,964.71, compared to an operating loss of CNY 11,018,380.56 in Q1 2020[53] - The company reported a total comprehensive income of CNY 793,274.44, compared to a total comprehensive loss of CNY 11,102,237.95 in Q1 2020[54] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥56,115,722.85, worsening by 66.26% compared to -¥33,750,965.93 in the same period last year[9] - The net cash flow from operating activities decreased by 66.26% year-on-year, primarily due to increased cash payments for goods and services[23] - Cash outflow from operating activities totaled CNY 263,940,602.91, compared to CNY 210,564,657.67 in the previous year[57] - Cash and cash equivalents at the end of the period stood at CNY 27,102,534.80, down from CNY 46,762,273.34 a year earlier[59] - The total cash and cash equivalents at the end of the period were 21,336,913.06, down from 39,495,881.19, reflecting a decrease of about 46%[62] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,260,381,490.71, up 2.68% from ¥1,227,443,543.13 at the end of the previous year[9] - The total liabilities of the company were CNY 550,858,913.18, compared to CNY 520,480,650.89 at the end of 2020, reflecting an increase of about 5.8%[41] - The company's equity attributable to shareholders reached CNY 707,515,568.24, slightly up from CNY 704,862,961.03, indicating a marginal increase of about 0.4%[42] - The company's total current assets reached CNY 639,123,901.50, compared to CNY 619,780,891.26 at the end of 2020, indicating an increase of about 3.5%[39] - The total assets increased to CNY 1,387,721,725.71 from CNY 1,350,985,965.18 year-over-year[45] - Total liabilities rose to CNY 733,701,233.11, compared to CNY 697,758,747.02 in the previous year[45] Shareholder Information - The top shareholder, Wen Zehong, holds 38.23% of the shares, amounting to 167,896,000 shares, with 35,074,000 shares pledged[13] - The total number of ordinary shareholders at the end of the reporting period was 32,310[13] Research and Development - The company's research and development expenses rose by 50.69% year-on-year, driven by increased investment in new product and technology development[24] - Research and development expenses for Q1 2021 were CNY 865,440.13, compared to CNY 574,300.84 in the same period last year, indicating increased investment in innovation[48] Operational Efficiency - Accounts receivable financing decreased by 67.40% from the beginning of the period, mainly due to a reduction in notes receivable and increased payment efforts[18] - Inventory increased by 45.99% compared to the beginning of the period, reflecting higher business volume[20] - The company's sales expenses increased by 86.60% year-on-year, reflecting enhanced market promotion efforts[23] - The company reported a decrease in accounts payable from CNY 74,129,760.85 to CNY 63,394,342.15, reflecting improved cash flow management[45] Government Support - The company received government subsidies amounting to ¥1,018,869.57 during the reporting period[10] Other Financial Activities - The company established a wholly-owned subsidiary, Jiangsu Xunda Electric Materials Co., Ltd., with an investment of RMB 100 million, of which RMB 95 million was contributed by the company[26] - The net cash flow from financing activities increased by 215.08% year-on-year, attributed to business growth and increased borrowing from related parties[25] - The company did not engage in any repurchase transactions during the reporting period[15] - The company did not report any non-operating fund occupation by controlling shareholders or related parties during the reporting period[34] - The company did not require adjustments to the beginning balance sheet items under the new leasing standards[63] - The first quarter report was not audited, which may affect the reliability of the financial data presented[65]