长缆科技(002879) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥174,681,401.15, representing a 6.18% increase compared to ¥164,509,901.67 in the same period last year[8] - The net profit attributable to shareholders was ¥29,294,127.96, a slight decrease of 0.69% from ¥29,496,222.45 year-on-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥23,458,583.62, down 16.07% from ¥27,951,515.43 in the previous year[8] - Total operating revenue for Q1 2021 was CNY 174,681,401.15, an increase from CNY 164,509,901.67 in the previous period[41] - Net profit for Q1 2021 was CNY 29,294,127.96, slightly down from CNY 29,496,222.45 in the previous period[43] - The total comprehensive income for the current period is CNY 26,243,647.99, down from CNY 31,368,108.93 in the previous period[48] Cash Flow - The net cash flow from operating activities improved to -¥57,881,977.98, a 10.66% improvement from -¥64,788,711.30 in the same period last year[8] - The net cash flow from operating activities was -68,512,263.71 yuan, compared to -57,399,729.66 yuan in the previous period, indicating a decline in operational cash flow[53] - Total cash inflow from operating activities was 168,395,361.17 yuan, while cash outflow was 236,907,624.88 yuan, resulting in a significant cash outflow[53] - Cash inflow from investment activities amounted to 494,142,451.44 yuan, with a net cash flow of 336,137,201.56 yuan, a substantial improvement from the previous period[55] - The cash flow from financing activities showed a net outflow of -19,934,751.45 yuan, indicating a reduction in financing activities[55] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,914,541,257.28, a decrease of 2.56% from ¥1,964,762,880.08 at the end of the previous year[8] - The total current assets decreased to ¥1,561.71 million from ¥1,615.47 million, reflecting a decline of about 3.3%[33] - The company's total assets as of March 31, 2021, were ¥1,914.54 million, down from ¥1,964.76 million, a decrease of approximately 2.5%[34] - The total liabilities decreased to ¥349.22 million from ¥428.74 million, indicating a reduction of about 18.5%[35] - Total liabilities decreased to CNY 374,456,127.42 from CNY 440,757,865.97[39] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,269[12] - The top shareholder, Yu Zhengyuan, holds 33.97% of the shares, with 65,604,035 shares, of which 49,203,026 are pledged[12] Expenses - Management expenses increased by 32.46% to ¥17,168,023.40 due to higher personnel costs[17] - R&D expenses rose by 55.27% to ¥14,934,914.31, primarily driven by increased salaries and experimental costs[17] - Operating costs for Q1 2021 were CNY 153,403,010.11, up from CNY 129,892,109.71 in the previous period, with operating costs specifically rising from CNY 74,379,929.18 to CNY 86,412,261.91[42] Investment Activities - Investment income surged by 536.30% to ¥3,668,489.67, attributed to higher financial management returns[17] - Cash flow from investment activities improved by 164.59% to ¥335,686,000.19, mainly due to the redemption of entrusted financial management funds[17] - The company reported a cash outflow of 150,000,000.00 yuan related to investment activities, down from 500,000,000.00 yuan in the previous period[55] Government Support - The company received government subsidies amounting to ¥2,552,753.92, a 41.65% increase compared to the previous year[17] Projects and Developments - The 500kV and below DC cable accessory expansion project has a completion date extended to July 2023 due to market demand changes and project delays[23] - The R&D center construction project is 97.75% complete, with an expected completion date of July 2021[23] - The marketing system construction project has exceeded its planned investment by 5.16%, with a completion date set for July 2021[23] Miscellaneous - The company did not repurchase any shares during the reporting period, resulting in a 100% change in financing cash flow[17] - The company has not reported any violations regarding external guarantees during the reporting period[28] - The company has not anticipated significant changes in net profit for the first half of 2021 compared to the same period last year[25] - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[57]