祥鑫科技(002965) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥486,712,058.46, representing a 38.36% increase compared to ¥351,784,164.85 in the same period last year[10] - The net profit attributable to shareholders for Q1 2021 was ¥31,293,216.11, a decrease of 21.81% from ¥40,020,557.70 in the previous year[10] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥24,741,475.92, down 29.81% from ¥35,248,093.10 year-on-year[10] - The basic earnings per share for Q1 2021 were ¥0.2077, a decrease of 21.80% from ¥0.2656 in the same period last year[10] - The diluted earnings per share were also ¥0.2077, reflecting the same percentage decrease of 21.80% year-on-year[10] - The weighted average return on equity was 1.66%, down from 2.41% in the previous year[10] - Operating revenue increased by 38.36% to ¥486,712,058.46 driven by an increase in sales orders[22] - Operating costs rose by 42.46% to ¥396,324,584.16 due to increased sales volume and rising material prices[22] - The company reported a decrease in employee compensation liabilities to CNY 16,969,047.19 from CNY 25,621,303.50, a reduction of approximately 33.8%[68] - The company’s total comprehensive income for the current period was ¥26,955,242.55, down from ¥36,885,547.57, reflecting a decrease of about 27%[91] Cash Flow and Investments - The net cash flow from operating activities increased by 29.29% to ¥78,221,889.10, compared to ¥60,503,411.99 in the same period last year[10] - Cash and cash equivalents decreased by 46.68% to ¥476,430,578.27 due to the investment of idle funds in low-risk bank wealth management products[22] - The company recorded a 128.43% increase in cash received from other operating activities, totaling ¥7,689,933.03, attributed to increased government subsidies[25] - The company reported a 145.18% increase in cash paid for investments, amounting to ¥1,221,000,000.00, due to increased bank wealth management investments[25] - Cash inflow from operating activities totaled ¥598,904,414.06, up from ¥490,484,174.96, representing an increase of approximately 22.2%[92] - Cash outflow from operating activities rose to ¥368,574,658.09, an increase of 16.5% compared to ¥316,483,344.55 in the previous period[99] - Net cash flow from investing activities was -¥554,577,949.29, compared to a positive cash flow of ¥35,686,401.41 in the previous period[102] - Cash inflow from investment activities increased to ¥321,530,602.75, up 20.5% from ¥266,777,739.73 year-on-year[99] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,443,288,510.07, reflecting a 4.48% increase from ¥3,295,723,984.48 at the end of the previous year[10] - The total amount of entrusted wealth management was ¥122,100,000, with an outstanding balance of ¥96,500,000[36] - Current liabilities totaled CNY 910,470,504.97, a slight decrease from CNY 913,774,427.94[68] - The total liabilities rose to CNY 1,539,719,578.38 from CNY 1,423,448,027.81, marking an increase of approximately 8.2%[68] - The total equity attributable to shareholders was CNY 1,903,568,931.69, up from CNY 1,872,275,956.67, representing a growth of about 1.7%[71] - The total amount of principal guaranteed financial products issued by the bank reached 172.6 million yuan, with an average interest rate of 3.18%[51] - The total liabilities increased from CNY 1,141,274,628.16 to CNY 1,231,756,201.20, with a notable increase of CNY 90,481,573.04 attributed to the recognition of lease liabilities[113] Research and Development - Research and development expenses increased by 36.69% to ¥15,998,297.27 reflecting higher investment in R&D projects[22] - The company reported a significant increase in research and development expenses to ¥15,998,297.27 from ¥11,704,208.58, representing a rise of about 36.5%[81] - Research and development expenses increased to ¥11,357,412.02 from ¥9,302,667.78, reflecting a rise of approximately 22%[89] Financial Management and Strategy - The company received government subsidies amounting to ¥1,440,104.85 during the reporting period[10] - The company has successfully recovered all principal and interest from several financial products issued in 2021, indicating strong performance in financial management[42] - The company continues to expand its low-risk financial product offerings, with multiple issuances planned for the upcoming quarters[45] - Future outlook includes continued focus on low-risk financial products to enhance capital management and investor confidence[45] - The bank's financial strategy focuses on low-risk financial products, appealing to conservative investors[48] - The bank has engaged in multiple investor relations activities to discuss its financial performance and future strategies[54] Compliance and Audit - The company has not undergone an audit for the first quarter report, which may affect the reliability of the financial data presented[114] - The bank has no record of any non-compliance with external guarantees during the reporting period[52]