崇达技术(002815) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 1,299,335,454.61, representing a 39.37% increase compared to CNY 932,275,526.06 in the same period last year[8]. - Net profit attributable to shareholders decreased by 2.27% to CNY 122,758,557.49 from CNY 125,611,393.37 year-on-year[8]. - The net profit after deducting non-recurring gains and losses increased by 6.44% to CNY 111,255,425.84 compared to CNY 104,524,906.17 in the previous year[8]. - The basic earnings per share for the period was CNY 0.1391, a decrease of 2.11% from CNY 0.1421 in the same period last year[8]. - The weighted average return on net assets was 2.88%, down from 3.20% in the previous year[8]. - The company reported a net profit of CNY 1,931,615,872.54, up from CNY 1,809,565,457.01, indicating an increase of approximately 6.7% year-over-year[49]. - Net profit for Q1 2021 was CNY 138,009,951.24, compared to CNY 124,763,757.26 in the previous year, reflecting an increase of approximately 10.5%[58]. - The total comprehensive income for Q1 2021 was CNY 138,009,951.24, up from CNY 124,763,757.26, reflecting an increase of approximately 10.5%[60]. - The company's total comprehensive income for the quarter was CNY -12,675,786.86, reflecting a significant decline compared to CNY 478,201.46 in the previous year[65]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY 199,134,881.58, down 6.88% from CNY 213,840,225.19 in the same period last year[8]. - Cash received from customers in Q1 2021 was RMB 1,081,149,543.39, a 32.48% increase from RMB 816,063,924.05 in Q1 2020, indicating growth in customer payments[19]. - The company's cash flow from operating activities saw a significant increase of 224.01%, reaching RMB 223,711,698.05, due to the release of bank acceptance deposits[20]. - Total cash inflow from operating activities was CNY 1,360,111,443.19, up from CNY 934,271,521.01 in the prior year, reflecting a growth of approximately 45.7%[69]. - Cash and cash equivalents were reported at CNY 744,259,282.98, up from CNY 591,519,709.94, indicating a significant increase of about 25.8%[43]. - Cash and cash equivalents at the end of the period totaled CNY 745,499,495.86, an increase from CNY 529,878,903.75 at the end of the previous year[70]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,804,314,322.50, a 1.57% increase from CNY 7,683,984,221.64 at the end of the previous year[8]. - Total current assets as of March 31, 2021, amounted to CNY 3,588,084,784.59, slightly up from CNY 3,575,667,170.91 in the previous year[43]. - Total non-current assets reached CNY 4,216,229,537.91, compared to CNY 4,108,317,050.73, indicating an increase of about 2.6%[45]. - Total liabilities decreased to CNY 3,305,121,110.82 from CNY 3,334,106,933.35, showing a reduction of about 0.9%[49]. - Short-term borrowings increased to CNY 278,506,234.34 from CNY 171,834,813.68, representing a growth of about 62%[45]. - The total liabilities increased to 3,423,937,972.64 CNY, with a notable rise in non-current liabilities due to the inclusion of lease liabilities[77]. Expenses and Costs - Operating costs for Q1 2021 were RMB 980,084,113.80, reflecting a 42.94% increase from RMB 685,659,959.66 in Q1 2020, corresponding to the rise in sales revenue[17]. - The company experienced a 248.50% increase in financial expenses, totaling RMB 12,793,337.83, primarily due to interest on convertible bonds[19]. - The company’s management expenses increased by 31.83% to RMB 70,741,177.07, largely due to the consolidation of Puno Wei[19]. - Research and development expenses for Q1 2021 were CNY 59,024,033.48, an increase from CNY 53,684,203.90, marking a growth of approximately 9.3%[56]. - The company's financial expenses increased to CNY 12,793,337.83 from a negative CNY 8,614,984.65, indicating a significant change in financial costs[56]. Shareholder Information - The company reported a total of 45,697 shareholders at the end of the reporting period[12]. - The company terminated the 2018 Restricted Stock Incentive Plan and will repurchase and cancel 6,911,100 unvested restricted shares due to difficulties in achieving the intended incentive effects[22]. - The termination of the stock incentive plan will result in an accelerated recognition of share-based payment expenses of approximately RMB 9.719 million in 2021[23]. Investments and Financing - The company raised a total of RMB 14 billion through the issuance of "Chongda Zuan 2" convertible bonds, with a net amount of RMB 138,357.86 million after deducting issuance costs[34]. - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[28]. - The company utilized RMB 12 million of idle raised funds to temporarily supplement working capital[33]. - The company reported a cash inflow from investment activities of CNY 1,038,884,008.79, down from CNY 1,273,490,529.48 in the previous year[69].