茂硕电源(002660) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥332,011,961.57, representing a 63.84% increase compared to ¥202,641,772.52 in the same period last year[8] - Net profit attributable to shareholders was ¥9,024,317.04, up 21.54% from ¥7,425,170.85 year-on-year[8] - The net profit after deducting non-recurring gains and losses surged by 297.09% to ¥7,534,890.24 from ¥1,897,545.82 in the previous year[8] - Basic earnings per share increased by 21.40% to ¥0.0329 from ¥0.0271 year-on-year[8] - The company reported a net profit of CNY 11,399,293.13 for the period, compared to CNY 2,374,976.09 in the previous period, indicating a substantial increase[33] - The company reported a profit before tax of CNY 11,306,686.35, compared to CNY 8,635,638.01 in the previous year, marking an increase of 30.8%[40] - Net profit for Q1 2021 was CNY 9,239,802.35, up from CNY 7,514,296.45 in the same period last year, reflecting a growth of approximately 22.9%[40] Cash Flow - The net cash flow from operating activities was negative at -¥2,647,269.88, a decline of 124.52% compared to ¥10,798,527.20 in the same period last year[8] - Cash inflow from operating activities totaled 306,958,807.22 CNY, a decrease of 26.7% from 419,052,402.00 CNY in the prior year[47] - Cash outflow from operating activities was 309,606,077.10 CNY, compared to 408,253,874.80 CNY in the same period last year, indicating a reduction of 24.2%[48] - The net cash flow from investing activities was -2,603,619.59 CNY, compared to 2,761,576.23 CNY in the same period last year[48] - The net cash flow from financing activities was -88,930,669.23 CNY, worsening from -22,139,926.94 CNY in the previous year[49] - The ending balance of cash and cash equivalents was 125,398,150.43 CNY, down from 170,412,870.77 CNY in the same period last year[49] - The company reported a significant increase in cash outflow for employee payments, totaling 56,508,051.97 CNY, compared to 44,508,162.13 CNY in the previous year[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,641,210,463.20, down 5.22% from ¥1,731,517,323.71 at the end of the previous year[8] - The company's current assets decreased to CNY 1,077,144,602.97 from CNY 1,191,968,813.31, reflecting a reduction of about 9.6%[30] - Total liabilities decreased significantly, with short-term borrowings and notes payable dropping by 41.01% and 63.08% respectively, indicating improved financial management[16] - Total liabilities decreased from CNY 1,038,617,734.63 to CNY 939,071,071.77, a reduction of about 9.6%[32] - The total liabilities amounted to CNY 526,825,561.69, a decrease from CNY 691,470,271.85 in the previous period[36] - The short-term borrowings decreased significantly from CNY 390,191,644.45 to CNY 230,191,644.45, a decline of about 41.0%[32] Shareholder Information - The company reported a total of 31,694 common shareholders at the end of the reporting period[11] - The top shareholder, Gu Yongde, holds 22.98% of the shares, amounting to 63,035,660 shares, which are currently pledged[11] - The net assets attributable to shareholders increased by 1.30% to ¥701,972,795.37 from ¥692,948,478.33 at the end of the previous year[8] - The equity attributable to shareholders was CNY 692,948,478.33, with total equity amounting to CNY 692,899,589.08[56] Research and Development - Research and development expenses increased by 4,900,468.11 to 14,827,061.11, reflecting a growth of 49.37% due to higher investments in R&D and technology[16] - Research and development expenses for Q1 2021 were CNY 14,827,061.11, up from CNY 9,926,593.00, indicating a focus on innovation[39] Financial Management - The company's financial expenses decreased by 5,788,052.12 to 288,470.04, a decline of 95.25% due to the absence of last year's bill discounting interest[16] - The financial expenses decreased significantly to CNY 288,470.04 from CNY 6,076,522.16, suggesting improved financial management[39] Tax and Investment - The company received tax refunds amounting to 32,799,466.81, a significant increase of 1136.06% compared to the previous period, mainly from large export tax rebates[16] - The company reported a substantial increase in investment income by 597,232.53 to 651,924.05, reflecting a growth of 1092.00% due to higher profits from associated companies[16] - The company achieved an investment income of CNY 651,924.05, up from CNY 54,691.52, indicating successful investment strategies[39] Compliance and Reporting - The first quarter report for 2021 has not been audited[63] - The report was released on April 28, 2021[63] - The company is subject to the new leasing standards effective from 2021[62] - There is a retrospective adjustment for prior comparative data due to the new leasing standards[62] - The company is focused on compliance with the new accounting standards[62] - No specific financial figures or performance metrics were disclosed in the provided content[63] - The company has not provided any future outlook or guidance in the available documents[63] - There are no mentions of new products, technologies, or market expansion strategies in the content[63]