瀛通通讯(002861) - 2021 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2021 was CNY 241,456,823.25, an increase of 1.87% compared to CNY 237,029,119.76 in the same period last year[8] - Net profit attributable to shareholders was CNY 4,701,725.05, representing a growth of 13.55% from CNY 4,140,596.36 year-on-year[8] - Basic earnings per share increased by 33.33% to CNY 0.04, compared to CNY 0.03 in the same period last year[8] - The company reported a total comprehensive income of $5,207,112.56, up from $1,786,861.50 in the previous period, showing significant improvement[69] - The total profit for the current period is $8,286,492.99, compared to $7,080,588.58 in the previous period, an increase of about 17%[68] Cash Flow - Net cash flow from operating activities surged by 156.01% to CNY 93,331,310.38, up from CNY 36,456,494.42 in the previous year[8] - The net cash flow from operating activities for the first quarter was ¥93,331,310.38, an increase of 156% compared to ¥36,456,494.42 in the same period last year[76] - Total cash inflow from operating activities was ¥366,473,354.96, compared to ¥293,245,031.68 in the previous year, reflecting a growth of approximately 25%[76] - The company reported a net cash outflow from financing activities of -¥6,833,108.32, slightly increasing from -¥6,677,666.67 in the previous year[78] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,720,878,823.11, a decrease of 2.28% from CNY 1,761,109,058.72 at the end of the previous year[8] - Total current assets decreased to ¥948,300,626.17 from ¥1,031,463,290.41, representing a decline of about 8.0%[58] - Total liabilities decreased to ¥639,382,560.77 from ¥685,939,080.82, a reduction of about 6.8%[60] - The company's total equity increased slightly to ¥1,081,496,262.34 from ¥1,075,169,977.90, reflecting a growth of approximately 0.4%[61] Investments and Expenditures - R&D expenses rose by 40.70% to RMB 18,009,017 due to increased investment in new product development[17] - The company plans to invest RMB 51 million in a project with the Dongguan Changping Town government, with RMB 10 million from its own funds[20] - A total investment of approximately RMB 1 billion is expected for the construction of an industrial park in collaboration with the Wuhan East Lake New Technology Development Zone[21] - The company has invested RMB 6.12 million in the R&D center construction project, which is expected to be completed by December 2020[38] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,607[12] - The largest shareholder, Huang Hui, holds 31.12% of the shares, amounting to 37,905,800 shares, with a portion pledged[12] Financial Management and Risks - The company has established a dedicated internal control system for foreign exchange hedging, including a management system and a leadership team for daily operations[30] - The company has implemented measures to control risks associated with foreign exchange hedging, including regular reviews of operational and financial performance[30] - The company has not reported any litigation related to its derivative investments during the reporting period[30] Fundraising and Utilization - The total amount of funds raised from the initial public offering (IPO) in 2017 was RMB 529.23 million, with a net amount of RMB 450.64 million after deducting issuance costs[34] - As of Q1 2021, the company has fully utilized the funds raised from the IPO, totaling RMB 450.64 million[35] - The company raised RMB 300 million through the issuance of convertible bonds in 2020, with a net amount of RMB 293.31 million after expenses[35] Other Financial Metrics - The company reported a tax expense of $3,584,767.94, up from $2,939,992.22, indicating an increase of approximately 22%[68] - The company experienced a decrease in financial expenses, which fell to $784,256.19 from $3,969,545.61, a reduction of approximately 80.3%[67]