ST恒久(002808) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥75,169,336.45, representing a 30.67% increase compared to ¥57,526,391.38 in the same period last year[8] - Net profit attributable to shareholders was ¥3,523,958.63, up 10.91% from ¥3,177,435.86 year-on-year[8] - The net profit after deducting non-recurring gains and losses increased by 52.57%, reaching ¥3,157,658.44 compared to ¥2,069,663.74 in the previous year[8] - Net profit for Q1 2021 was ¥4,257,956.55, compared to ¥3,602,672.06 in the same period last year, reflecting a growth of approximately 18.2%[47] - The total comprehensive income for the quarter was CNY 1,873,555.54, compared to CNY 1,835,895.61 in the same quarter last year[52] Cash Flow - The net cash flow from operating activities significantly decreased by 99.45%, amounting to ¥89,522.88, down from ¥16,255,344.71 in the same period last year[8] - Cash flow from operating activities plummeted by 99.45% to ¥89,522.88, mainly due to increased cash payments for goods and services[18] - Cash flow from investing activities decreased by 404.90% to -¥13,000,937.73, primarily due to reduced cash from the redemption of financial products[18] - The company incurred a total cash outflow from operating activities of CNY 90,255,322.15, compared to CNY 64,452,264.71 in the previous year[55] - The net cash flow from investment activities was -3,175,553.72, compared to -29,448,426.95 in the previous year, indicating a significant reduction in cash outflow[59] Assets and Liabilities - Total assets at the end of the reporting period were ¥791,098,463.45, a slight increase of 0.29% from ¥788,796,690.82 at the end of the previous year[8] - Total liabilities as of March 31, 2021, were CNY 183,849,260.43, down from CNY 186,027,167.51, reflecting a decrease of approximately 1.3%[39] - The company's total equity increased to CNY 607,249,203.02 from CNY 602,769,523.31, marking a growth of about 0.8%[40] - The company's total liabilities decreased to ¥136,943,958.50 from ¥141,144,953.96[46] Investments and Expenses - R&D expenses increased by 33.67% to ¥5,499,539.73, primarily due to increased investment in research and development[17] - Investment income dropped by 107.58% to -¥31,731.93, attributed to the absence of financial investment income this period[17] - Sales expenses decreased by 39.30% to ¥2,028,008.74 due to the implementation of new revenue standards and adjustments in freight costs[17] - The company reported a significant increase in credit impairment losses by 302.64% to ¥682,028.92, mainly due to a decrease in bad debt provisions[17] Current Assets and Ratios - As of March 31, 2021, total current assets amounted to CNY 538,256,633.96, slightly up from CNY 533,494,538.15 at the end of 2020, indicating a growth of approximately 1.4%[37] - The current ratio improved slightly, with current liabilities totaling CNY 180,537,468.64 compared to current assets of CNY 538,256,633.96, suggesting a healthy liquidity position[39] Other Notable Information - The company received a high-tech enterprise certificate valid for three years from April 1, 2021, enhancing its technological credibility[20] - The laser organic light guide drum expansion project reached an investment progress of 96.24% as of March 31, 2021[27] - The company has plans for market expansion and new product development, although specific figures and timelines were not disclosed in the report[40] - The first quarter report was not audited, which may affect the reliability of the financial data presented[62]