北摩高科(002985) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 254,421,571.68, representing a 150.70% increase compared to CNY 101,485,713.27 in the same period last year [8] - Net profit attributable to shareholders was CNY 104,657,666.76, up 79.74% from CNY 58,226,045.48 year-on-year [8] - The net profit after deducting non-recurring gains and losses was CNY 101,423,532.99, reflecting a 79.35% increase compared to CNY 56,551,045.48 in the previous year [8] - The basic earnings per share increased to CNY 0.70, a rise of 34.62% from CNY 0.52 in the same quarter last year [8] - Operating revenue increased by 150.70% to ¥254,421,571.68, primarily driven by higher sales from the parent company and the consolidation of subsidiary Jinghanyu [18] - The company reported a 199.98% increase in other non-current assets to ¥25,387,534.40, mainly due to increased equipment prepayments by subsidiary Jinghanyu [18] - The company reported a total comprehensive income attributable to the parent company of ¥104,657,666.76, compared to ¥58,226,045.48 in the previous period, reflecting an increase of approximately 80% [67] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,899,188,614.10, marking a 6.38% increase from CNY 2,725,379,235.51 at the end of the previous year [8] - The net assets attributable to shareholders increased to CNY 2,174,148,033.17, up 5.10% from CNY 2,068,550,936.58 at the end of the last year [8] - The total amount of funds raised was RMB 845,776,200, with a net amount of RMB 774,081,320 after deducting issuance costs of RMB 71,694,879.25 [30] - As of April 22, 2020, the remaining funds after underwriting fees were RMB 798,845,471.69, which were allocated to various bank accounts [30] - The balance of unused raised funds is RMB 389,628,819, with accumulated interest income of RMB 8,624,502.20 [31] - The total liabilities were RMB 482,519,664.45, compared to RMB 454,524,592.87 in the previous year [47] - Total liabilities decreased to ¥419,587,974.08 from ¥431,720,451.77, indicating a reduction of about 2.6% [57] Cash Flow - The net cash flow from operating activities was negative at CNY -48,979,133.26, a decline of 164.93% compared to CNY -18,487,723.89 in the same period last year [8] - Cash flow from operating activities showed a net outflow of ¥48,979,133.26, a 164.93% increase in outflow compared to the previous year, due to increased cash outflows despite higher revenues [20] - The company reported a net cash flow from investment activities of -51,970,148.00 RMB, compared to -5,428,765.00 RMB in the previous period, indicating a substantial increase in investment outflows [85] - The net cash flow from financing activities was -3,342,295.83 RMB, with total cash outflows amounting to 3,342,295.83 RMB [81] - The ending cash and cash equivalents balance was 634,472,557.25 RMB, down from 722,119,732.03 RMB at the beginning of the period, reflecting a decrease of approximately 12.1% [81] Expenses - Operating costs rose by 238.46% to ¥68,725,358.90, reflecting increased sales and the inclusion of subsidiary Jinghanyu [18] - Research and development expenses increased by 133.44% to ¥12,102,169.00, attributed to higher R&D investments from the parent company and the consolidation of subsidiary Jinghanyu [18] - The company incurred a 1760.71% increase in selling expenses to ¥6,851,819.34, largely due to the consolidation of subsidiary Jinghanyu [18] - The company reported a 126.99% increase in income tax expenses to ¥21,883,438.27, driven by higher profits from the parent company and the consolidation of subsidiary Jinghanyu [20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,860 [11] - The total equity attributable to shareholders was RMB 2,174,148,033.17, up from RMB 2,068,550,936.58 [50] - The total equity attributable to shareholders increased to ¥2,100,233,521.70 from ¥2,015,925,910.76, reflecting a growth of approximately 4.2% [57] Market and Future Plans - The company has plans for market expansion and new product development, focusing on enhancing its competitive edge in the friction materials sector [64]