智能自控(002877) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 146,243,117.79, representing a 38.11% increase compared to CNY 105,892,598.64 in the same period last year[8] - Net profit attributable to shareholders was CNY 8,907,224.85, up 7.40% from CNY 8,293,840.88 year-on-year[8] - Total operating revenue for Q1 2021 reached ¥146,243,117.79, compared to ¥105,892,598.64 in the same period last year, indicating a growth of approximately 38.1%[40] - Net profit for Q1 2021 was ¥8,907,224.85, up from ¥8,293,840.88 in Q1 2020, representing an increase of approximately 7.4%[42] - The net profit for the period was ¥12,178,799.64, up from ¥8,766,512.45 in the same period last year, reflecting a growth of approximately 39.5%[46] - The total comprehensive income for the period was ¥12,178,799.64, compared to ¥8,766,512.45 in the previous year, showing an increase of approximately 39.5%[47] Cash Flow and Liquidity - The net cash flow from operating activities improved by 30.47%, reaching CNY -31,259,841.27, compared to CNY -44,957,299.18 in the previous year[8] - As of March 31, 2021, the company's cash and cash equivalents decreased to approximately RMB 37.90 million from RMB 63.60 million at the end of 2020, representing a decline of about 40.5%[32] - Cash and cash equivalents at the end of the period were ¥17,831,670.12, down from ¥89,731,773.78 at the beginning of the period[51] - The cash flow from operating activities showed a net outflow of ¥31,259,841.27, an improvement from the previous outflow of ¥44,957,299.18[50] - Net cash flow from operating activities was negative at -¥32,381,019.31, an improvement from -¥39,381,288.51 in the previous period[21] - The ending balance of cash and cash equivalents decreased to ¥16,136,988.42 from ¥80,583,928.48, reflecting a decline of approximately 80%[54] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,491,827,026.45, a 2.32% increase from CNY 1,458,062,614.15 at the end of the previous year[8] - The company's total assets as of March 31, 2021, amounted to approximately RMB 1.49 billion, up from RMB 1.46 billion at the end of 2020[33] - Total liabilities increased to approximately RMB 707.00 million from RMB 678.77 million, reflecting an increase of about 4.2%[34] - The company's total liabilities increased to ¥666,455,653.56 from ¥644,194,447.15, marking a rise of about 3.9%[38] Research and Development - The company reported a 30.54% increase in R&D expenses, totaling CNY 4,374,497.88, compared to CNY 3,351,079.68 in the previous year[16] - The company reported R&D expenses of ¥4,374,497.88, up from ¥3,351,079.68, indicating an increase of about 30.5%[41] - Research and development expenses increased to ¥4,037,698.48 from ¥3,351,079.68, reflecting a commitment to innovation[45] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,875[11] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[12] - The company repurchased a total of 1,799,940 shares, accounting for 0.54% of the total share capital, with a total transaction amount of approximately RMB 13.27 million[17] Operational Metrics - Total operating costs increased to ¥135,151,465.41 from ¥95,494,041.24, reflecting a rise of about 41.5%[41] - The total operating costs for the period were ¥93,276,412.78, compared to ¥69,770,328.58 in the previous period, indicating a rise in operational expenses[45] - Operating cash inflow from sales increased to ¥99,648,011.19 from ¥61,409,701.74, representing a growth of approximately 62% year-over-year[21] Investment and Financing Activities - The company incurred financial expenses of ¥3,097,756.75, significantly higher than the previous year's ¥729,543.26, primarily due to increased interest expenses[45] - Cash inflow from financing activities amounted to ¥60,000,000.00, with a net cash flow of ¥36,539,350.16, a significant recovery from -¥21,894,946.81 previously[54] - Investment activities generated a net cash outflow of -¥19,822,658.01, compared to a net inflow of ¥45,667,589.18 in the previous period[54] Project Updates - The special valve deep processing project has a total investment commitment of RMB 11 million, with 101% of the funds already invested and the project has commenced production[23] - The intelligent control valve manufacturing base project has a total investment commitment of RMB 11.16 million, with 101% of the funds already invested and the project has commenced production[23] Miscellaneous - The company has no overdue commitments from major shareholders or related parties during the reporting period[19] - There were no significant differences in the progress of major contracts that would affect the contract amount by more than 30%[24] - The first quarter report was not audited, indicating that the figures may be subject to further review[57]