瑞玛精密(002976) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥176,160,142.29, representing a 69.08% increase compared to ¥104,187,028.15 in the same period last year[7] - The net profit attributable to shareholders was ¥15,335,311.71, a decrease of 1.36% from ¥15,546,783.85 in the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥12,456,450.92, which is a 10.68% increase from ¥11,254,652.71 year-on-year[7] - The basic earnings per share decreased by 28.57% to ¥0.15 from ¥0.21 in the same period last year[7] - The diluted earnings per share also decreased by 28.57% to ¥0.15 from ¥0.21 year-on-year[7] - The weighted average return on equity was 2.01%, down from 3.84% in the previous year, a decrease of 1.83%[7] - Total operating revenue for Q1 2021 reached ¥176,160,142.29, a significant increase of 69.1% compared to ¥104,187,028.15 in Q1 2020[46] - Net profit attributable to the parent company increased to ¥13,134,358.28, compared to a net profit of ¥14,606,701.92 in Q1 2020, reflecting a decrease of 10.1%[46] - The company reported a total profit of CNY 16,581,770.85 for Q1 2021, a decrease of 17% from CNY 19,873,302.81 in Q1 2020[47] Cash Flow - The net cash flow from operating activities decreased by 46.69% to ¥22,207,186.62 from ¥41,653,513.82 in the previous year[7] - Cash flow from operating activities decreased by 46.69% to ¥22,207,186.62, down from ¥41,653,513.82, primarily due to increased payments for materials and labor costs[16] - The net cash flow from operating activities was CNY 22,207,186.62, down from CNY 41,653,513.82 in Q1 2020[53] - The company recorded a net cash outflow from investing activities of CNY 79,525,788.99 in Q1 2021, compared to a smaller outflow of CNY 13,430,847.13 in the previous year[53] - The net cash flow from investment activities was -CNY 68,399,614.21, compared to -CNY 8,790,602.46 in the previous period, indicating increased investment outflows[57] - The net cash flow from financing activities was CNY 14,829,277.78, a significant decrease from CNY 442,154,000.00 in the previous period[57] - The company experienced a negative impact of CNY 26,541,688.26 on cash and cash equivalents during the quarter, contrasting with a positive increase of CNY 458,952,041.38 in the previous period[57] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,145,440,033.11, reflecting a 3.52% increase from ¥1,106,480,332.51 at the end of the previous year[7] - The total liabilities as of March 31, 2021, were approximately ¥367.67 million, compared to ¥350.95 million at the end of 2020, indicating an increase of about 4.8%[39] - Total liabilities increased to ¥322,257,701.51, up 8.9% from ¥295,960,063.49 at the end of 2020[44] - The company's fixed assets increased to approximately ¥214.23 million from ¥204.54 million, reflecting a growth of about 4.2%[38] - The company's goodwill increased significantly to approximately ¥4.96 million from ¥1.20 million, indicating a growth of about 313.3%[38] Investments and Subsidiaries - The company established a wholly-owned subsidiary, Suzhou Xinkai Industrial Network Technology Co., Ltd., with a registered capital of RMB 10 million to focus on systematic solutions in the fastener industry[19] - The company acquired 68.97% equity of Wuxi Huihong Electronics Co., Ltd. from Kunshan Luxshare Precision Technology Co., Ltd. for RMB 17.5 million, making it a controlling subsidiary[19] - The total amount of raised funds (net of issuance costs) was RMB 434.27 million, with RMB 4.72 million invested in the current year[25] - Cumulative investment of raised funds reached RMB 60.22 million, with a total of RMB 6.02 million invested in the current year[27] - The automotive and communication precision metal components project has a total investment of RMB 389.46 million, with 7.59% of the project completed as of March 6, 2022[27] - The R&D technology center project has a total investment of RMB 44.81 million, with 68.39% of the project completed as of March 6, 2022[27] Research and Development - Research and development expenses increased by 77.35% to ¥8,983,550.24, up from ¥5,065,395.28, reflecting the hiring of additional R&D personnel and increased material costs[15] - The company reported a research and development expense of ¥8,983,550.24, which is a 77.5% increase from ¥5,065,395.28 in Q1 2020[46] - Research and development expenses increased to CNY 5,746,441.08 in Q1 2021, up from CNY 2,312,693.24 in the same period last year, reflecting a focus on innovation[49]