万讯自控(300112) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥149,599,438.91, representing a 63.89% increase compared to ¥91,277,744.55 in the same period last year[9]. - Net profit attributable to shareholders was ¥5,813,052.13, a significant turnaround from a loss of ¥4,529,361.61 in the previous year, marking a 228.34% increase[9]. - The net profit after deducting non-recurring gains and losses was ¥4,796,111.22, compared to a loss of ¥6,908,841.15 last year, reflecting a 169.42% improvement[9]. - The basic earnings per share increased to ¥0.02 from a loss of ¥0.02, indicating a 200.00% change[9]. - The weighted average return on equity improved to 0.58% from -0.45%, showing a 1.03% increase[9]. - The company reported a net cash flow from operating activities of -¥14,325,656.14, a decline of 1,543.81% compared to -¥871,492.50 in the same period last year[9]. - The company reported a gross profit margin of approximately 2.2% for Q1 2021, compared to a negative margin in the same quarter last year[51]. - The company achieved a comprehensive income total of ¥7,193,211.95, compared to a loss of ¥4,774,547.89 in the same quarter last year[52]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,359,666,243.32, a decrease of 1.52% from ¥1,380,648,875.73 at the end of the previous year[9]. - Current assets totaled CNY 695,113,174.50, down from CNY 720,767,705.66, indicating a decrease of about 3.6%[42]. - Cash and cash equivalents decreased to CNY 214,619,569.71 from CNY 254,460,122.26, representing a decline of approximately 15.6%[42]. - Total liabilities decreased to CNY 233,990,922.77 from CNY 262,166,767.13, a decline of about 10.8%[44]. - The company's equity increased to CNY 1,125,675,320.55 from CNY 1,118,482,108.60, reflecting a growth of approximately 0.6%[44]. - The total liabilities decreased to ¥139,881,688.75 from ¥143,617,635.20, showing a reduction of about 2%[52]. Cash Flow - Operating cash inflow for the current period was CNY 162,479,346.33, an increase of 33.2% from CNY 121,918,610.48 in the previous period[57]. - The net cash flow from operating activities was CNY -14,325,656.14, compared to CNY -871,492.50 in the previous period, indicating a worsening cash flow situation[57]. - Total cash outflow from operating activities was CNY 176,805,002.47, which is an increase of 43.9% from CNY 122,790,102.98 in the previous period[57]. - The company reported a cash inflow from financing activities of CNY 1,732,628.06, compared to CNY 1,108,960.15 in the previous period, showing an increase of 56.0%[57]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,070[12]. - The top shareholder, Fu Yuchen, holds 20.26% of the shares, amounting to 57,903,751 shares, with 43,427,813 shares pledged[12]. Research and Development - The company is advancing several R&D projects, including a new PID gas detector and a home gas alarm that meets new national standards, enhancing product offerings and market share[23]. - Research and development expenses were ¥14,835,176.03, slightly increasing from ¥14,612,849.49, indicating continued investment in innovation[51]. - The company is developing new products including a smart gas detector with NB-IOT communication capabilities and a high-performance electromagnetic flowmeter, aiming to expand market share[24]. Market Strategy - The company plans to expand its market presence by leveraging trends in smart manufacturing and the Internet of Things, aiming for sustained revenue growth[21]. - The company is focusing on expanding its application fields and continuously exploring new customers, which has led to changes in its top five customers[27]. Investment Activities - The investment activities resulted in a net cash outflow of CNY 26.66 million, a decrease of 77.75% compared to the previous year, attributed to reduced purchases of structured deposits[20]. - The total cash outflow for investment activities was CNY 29,438,994.08, significantly lower than CNY 120,133,365.53 in the previous period[57]. Corporate Governance - The company has received approval for issuing convertible bonds totaling 245.72 million yuan, which has been listed on the Shenzhen Stock Exchange[28]. - The company has initiated a stock repurchase plan, resulting in a reduction of registered capital from 285.92 million yuan to 285.75 million yuan due to the cancellation of 171,881 restricted stocks[29][30]. - There are no violations of external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[36][37].