新宝股份(002705) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥3,209,827,140.08, representing a 64.09% increase compared to ¥1,956,096,883.64 in the same period last year[9]. - Net profit attributable to shareholders was ¥170,197,574.55, up 36.80% from ¥124,411,924.66 in the previous year[9]. - The net profit after deducting non-recurring gains and losses was ¥172,412,043.89, reflecting a 26.61% increase from ¥136,180,562.83 year-on-year[9]. - In Q1 2021, the company achieved a total profit of 227,095,553.12 CNY, a 43.58% increase compared to the same period in 2020[24]. - The company's total revenue for Q1 2021 reached 3,209,827,140.08 CNY, marking a 64.09% increase from Q1 2020[24]. - The company reported a basic earnings per share of 0.2059 CNY, up 32.67% from the previous year[27]. - The total comprehensive income for the current period was ¥181,172,201.44, compared to ¥129,054,585.59 in the previous period, showing a growth of 40.5%[85]. - Net profit for the current period was ¥251,656,518.48, representing a 141.2% increase from ¥104,388,971.41 in the previous period[89]. Cash Flow and Investments - The net cash flow from operating activities was -¥141,016,930.90, a decrease of 237.67% compared to ¥102,430,557.96 in the same period last year[9]. - Cash inflow from operating activities totaled 3,924,587,328.38 CNY, a 67.10% increase compared to the same period last year[27]. - The cash outflow from investment activities decreased by 41.30% to CNY 335,521,994.78 compared to the previous period, primarily due to a reduction in cash paid for investments[30]. - The cash inflow from financing activities decreased by 68.93% to CNY 129,508,000.00, mainly due to a decrease in short-term borrowings for working capital[30]. - The net cash flow from financing activities dropped by 80.16% to CNY 82,306,750.00, attributed to a reduction in cash received from borrowings[30]. - The company reported an investment income of ¥53,401,502.88, a recovery from a loss of ¥11,253,005.64 in the previous period[81]. - The company incurred financial expenses of -¥2,081,084.33, improving from -¥5,960,482.72 in the previous period[89]. Assets and Liabilities - Total assets at the end of the reporting period were ¥11,914,927,558.10, down 4.64% from ¥12,494,765,158.20 at the end of the previous year[9]. - Total liabilities decreased from ¥6,391,433,877.49 to ¥5,660,824,075.96, a reduction of approximately 11.43%[68]. - The company's cash and cash equivalents as of March 31, 2021, were CNY 3.96 billion, down from CNY 4.29 billion on December 31, 2020, representing a decrease of approximately 7.5%[62]. - Accounts receivable decreased to CNY 1.30 billion from CNY 1.76 billion, indicating a reduction of about 26.3%[62]. - Total current assets amounted to CNY 8,340,636,884.99 as of January 1, 2021, remaining unchanged from December 31, 2020[113]. - Total liabilities increased to CNY 5,680,530,746.67, reflecting an increase of CNY 35,490,121.80 due to the new leasing standard[119]. Shareholder Information - The total number of shareholders at the end of the reporting period was 17,385, with the largest shareholder holding 41.75% of the shares[14]. - The company did not engage in any repurchase transactions during the reporting period[20]. Research and Development - Research and development expenses increased by 49.33% to 83,107,580.49 CNY, driven by higher R&D investments[24]. - Research and development expenses rose to ¥83,107,580.49, up from ¥55,654,285.06, reflecting a 49.3% increase[81]. Corporate Actions and Future Plans - The company plans to continue expanding its domestic market and enhancing its technological innovations to drive future growth[23]. - The company has been re-certified as a high-tech enterprise, allowing it to enjoy a reduced corporate income tax rate of 15% for three years[36]. - The company is actively monitoring overseas order situations and has plans for pricing adjustments in the future[58]. - The company has been in discussions regarding its response measures to exchange rate fluctuations and market outlook for 2021[58].