中晟高科(002778) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥199,400,977.91, representing a 64.75% increase compared to ¥121,034,021.35 in the same period last year[9]. - Net profit attributable to shareholders reached ¥16,406,087.15, a significant turnaround from a loss of ¥5,104,772.39, marking a 421.39% increase[9]. - The net profit after deducting non-recurring gains and losses was ¥15,088,665.32, up 279.73% from a loss of ¥8,395,352.25 in the previous year[9]. - Basic earnings per share improved to ¥0.184 from a loss of ¥0.06, reflecting a 406.67% increase[9]. - The company reported a total profit of ¥28,444,669.10 for the quarter, a significant recovery from a loss of ¥5,358,436.01 in the previous year[44]. - The company's gross profit margin improved, with gross profit for the period calculated at ¥19,707,694.38, compared to a gross loss in the previous year[44]. - The net profit attributable to shareholders for the first half of 2021 is expected to be between 40 million and 65 million yuan, representing a year-on-year increase of approximately 165.67%[23]. - The basic earnings per share for the same period is projected to be between 0.45 and 0.58 yuan, indicating a growth of 165.67% compared to the previous year[23]. Cash Flow - The net cash flow from operating activities was ¥81,364,377.40, a 462.33% increase from a negative cash flow of ¥22,456,129.99[9]. - Cash inflow from operating activities totaled CNY 365,262,589.48, compared to CNY 160,325,813.47 in the prior period, representing an increase of approximately 128%[52]. - Cash outflow from operating activities was CNY 283,898,212.08, up from CNY 182,781,943.46, indicating a rise of about 55%[52]. - Cash flow from investing activities resulted in a net outflow of CNY -5,065,548.49, compared to CNY -10,768,315.27 in the previous year, showing an improvement[52]. - Cash flow from financing activities generated a net inflow of CNY 12,555,807.66, compared to a net outflow of CNY -801,258.00 in the same period last year[53]. - The ending balance of cash and cash equivalents was CNY 339,713,133.05, an increase from CNY 43,251,324.42 at the end of the previous year[53]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,560,769,650.36, a slight decrease of 1.28% from ¥1,580,956,442.07 at the end of the previous year[9]. - Total liabilities decreased to CNY 925,317,433.57 from CNY 968,260,590.41, a reduction of about 4.4%[36]. - The company's equity increased to CNY 635,452,216.79 from CNY 612,695,851.66, reflecting a growth of approximately 3.1%[37]. - Total liabilities rose to ¥744,968,938.10, compared to ¥720,675,338.07 in the previous period, reflecting increased borrowing or operational financing[43]. - Total liabilities decreased by 100.00% in notes payable, reflecting a reduction in bank acceptance bills[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,380[12]. - The company has committed to fulfilling its obligations to shareholders and maintaining their legal rights[20]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[27]. Research and Development - Research and development expenses rose by 44.40% to ¥6,147,732.04, reflecting the impact of the acquisition[16]. - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[35]. - The company is focusing on market expansion and product development, as indicated by the increase in R&D spending and operational revenue growth[43]. Acquisitions and Investments - The acquisition of a controlling subsidiary, Zhongsheng Environment, has contributed to a significant increase in consolidated profits due to stable performance since April 1, 2020[23]. - The company received government subsidies amounting to ¥1,301,303.88 during the reporting period[10]. - The company has invested 12 million yuan in bank wealth management products, with no overdue amounts reported[26]. - Investment income of ¥916,360.72 was recorded, primarily resulting from the acquisition of Zhongsheng Environment[16]. Operational Highlights - Operating revenue grew by 64.75% to ¥199,400,977.91, primarily due to the consolidation of Zhongsheng Environment[16]. - Operating costs increased by 33.02% to ¥152,938,443.30, also driven by the acquisition of Zhongsheng Environment[16]. - The company experienced a significant increase in lubricating oil business due to the recovery of base oil prices and the impact of the COVID-19 pandemic being reduced[24]. - The total amount of a major contract with Suzhou Zhongsheng Environmental Restoration Co., Ltd. is approximately 111.75 million yuan, with progress currently in the equipment procurement phase[25].