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宝馨科技(002514) - 2021 Q1 - 季度财报
BOAMAXBOAMAX(SZ:002514)2021-04-29 16:00

Financial Performance - The company's revenue for Q1 2021 was CNY 186,975,276.86, representing a 55.37% increase compared to CNY 120,339,080.38 in the same period last year[9]. - Net profit attributable to shareholders was CNY 3,603,639.54, up 115.27% from CNY 1,673,970.29 year-on-year[9]. - The net profit after deducting non-recurring gains and losses surged by 752.17% to CNY 3,236,993.48 from CNY 379,853.94 in the previous year[9]. - Basic earnings per share rose to CNY 0.0065, a 116.67% increase from CNY 0.0030[9]. - The company reported a 72.77% increase in investment income, totaling ¥3,968,577.33, attributed to higher profits from an associated company[17]. - The company reported a basic and diluted earnings per share of ¥0.0065, an increase from ¥0.0030 in the previous period[54]. - Net profit for the current period was ¥5,167,690.81, compared to ¥1,659,599.77 in the previous period, reflecting a growth of approximately 211.5%[53]. Cash Flow - The net cash flow from operating activities increased by 376.58% to CNY 30,539,873.33, compared to CNY 6,408,084.21 in the same period last year[9]. - The net cash flow from operating activities for Q1 2021 was CNY 33,952,505.17, an increase of 159.5% compared to CNY 13,083,735.92 in the same period last year[65]. - Total cash inflow from operating activities was CNY 99,692,925.56, up from CNY 74,160,589.76 in Q1 2020, representing a growth of 34.5%[65]. - Cash outflow from operating activities totaled CNY 65,740,420.39, compared to CNY 61,076,853.84 in the previous year, indicating a rise of 7.3%[65]. - The net cash flow for the period was CNY 7,046,544.59, a significant improvement from negative CNY 2,491,688.83 in the previous year[66]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,488,443,993.09, reflecting a 1.56% increase from CNY 1,465,648,369.58 at the end of the previous year[9]. - The company's total liabilities increased to CNY 849,920,334.59 from CNY 832,300,375.48, reflecting a rise of about 2.5%[45]. - The total equity attributable to shareholders rose slightly to CNY 623,808,540.75 from CNY 620,196,927.62, indicating a growth of approximately 0.3%[46]. - As of March 31, 2021, the company's cash and cash equivalents decreased to ¥95,822,922.18 from ¥115,016,009.94 as of December 31, 2020, representing a decline of approximately 16.5%[43]. - The company's inventory slightly decreased to ¥188,948,598.01 from ¥192,014,952.02, reflecting a reduction of approximately 1.6%[43]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,249[12]. - The company’s major shareholder, Jiangsu Jiedeng, holds 23.24% of the total shares, with 21.52% of shares pledged[25]. - The company is undergoing a change in control, with Jiangsu Jiedeng becoming the largest shareholder and Ma Wei as the actual controller[27]. Legal and Compliance Issues - The company has faced legal challenges regarding performance commitments from a previous acquisition, with ongoing litigation to enforce these commitments[19][20][22]. - The company is involved in an arbitration case with Swedish Apani, claiming damages of RMB 20 million for software copyright infringement and an additional RMB 20 million for competition violations, totaling RMB 40 million[29][30]. - The company has engaged an international legal team to respond to the arbitration claims and is actively working to protect its legal rights[30]. - The company is actively pursuing legal actions to enforce performance commitments from a former stakeholder, with ongoing litigation since 2017[32][33]. Operational Costs - Operating costs rose to ¥142,295,282.79, an increase of 72.95%, primarily due to the corresponding rise in revenue[17]. - Management expenses increased by 45.83% to ¥17,327,963.17, mainly due to litigation costs incurred during the period[17]. - The company experienced a 2014.30% rise in other expenses, amounting to ¥229,905.86, primarily due to asset write-offs[17]. Changes in Financial Reporting - The company has adopted new leasing standards starting January 1, 2021, affecting the presentation of financial statements[72]. - The company has not conducted an audit for the first quarter report[73].