高盟新材(300200) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥293,609,333.47, representing a 60.09% increase compared to ¥183,403,150.18 in the same period last year[9] - Net profit attributable to shareholders was ¥58,446,627.55, up 30.40% from ¥44,820,108.48 year-on-year[9] - The basic earnings per share increased by 30.32% to ¥0.1371 from ¥0.1052 in the previous year[9] - Operating revenue for Q1 2021 reached ¥293.61 million, an increase of 60.09% compared to ¥183.40 million in Q1 2020[20] - The company's operating profit for Q1 2021 was CNY 67,893,637.48, an increase of 26.4% compared to CNY 53,721,212.92 in the same period last year[51] - Total profit for Q1 2021 reached CNY 68,080,681.39, up from CNY 53,264,974.68, reflecting a growth of 27.8% year-over-year[51] - The company reported a net profit margin improvement, with net profit for Q1 2021 showing a positive trend compared to the previous year[50] - The company's total comprehensive income for Q1 2021 was CNY 58,446,627.55, which is the same as the net profit due to no other comprehensive income items[52] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,125,565,718.89, a 2.51% increase from ¥2,073,475,299.49 at the end of the previous year[9] - The total current assets were reported at CNY 1,167,682,246.93, compared to CNY 1,113,851,453.17 at the end of 2020, representing a growth of approximately 4.8%[41] - The total liabilities decreased to CNY 284,211,112.90 in Q1 2021 from CNY 290,864,969.05 in the previous year[44] - The total non-current liabilities were CNY 8,961,037.32, slightly down from CNY 9,175,852.10 year-over-year, indicating effective liability management[44] Cash Flow - The net cash flow from operating activities was ¥31,460,342.01, showing a slight increase of 0.09% compared to ¥31,430,717.39 in the previous year[9] - Cash inflow from operating activities was CNY 229,393,667.60, compared to CNY 143,396,084.38 in the previous year, showing a growth of 60.0%[58] - The net cash flow from investment activities was negative at CNY -889,648.94, a significant decline from CNY 155,120,188.60 in the same period last year, indicating higher investment outflows[59] - The company reported a net cash outflow from financing activities of CNY -353,257.82, compared to CNY -203,596.00 in Q1 2020, indicating increased financing costs[60] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,586[12] - The largest shareholder, Gaojin Technology Industry Group Co., Ltd., held 23.33% of the shares, totaling 99,423,360 shares[12] - The company plans to repurchase and cancel 704,640 shares of restricted stock at a price of CNY 1.86 per share due to non-compliance with vesting conditions[30] - The first phase of the employee stock ownership plan still holds 8,031,638 shares, accounting for 1.88% of the total share capital, with an extension of the plan's duration by 24 months until June 29, 2023[32] Research and Development - R&D expenses increased by 86.93% to ¥13.68 million, up from ¥7.32 million in Q1 2020[20] - The company plans to continue enhancing R&D efforts in advanced polymer materials and high-performance composite materials, targeting new application fields such as electronics and biomedicine[24] - Research and development expenses increased to CNY 13,682,797.77 in Q1 2021, compared to CNY 7,319,640.12 in Q1 2020, reflecting a focus on innovation[50] Operational Efficiency - Operating costs rose to ¥200.82 million, reflecting an 81.08% increase from ¥110.90 million in the same period last year[20] - The gross profit margin was significantly impacted by rising raw material prices, prompting the company to focus on high-end product applications and market share expansion[23] - The company experienced a credit impairment loss of CNY 1,070,130.44, compared to a gain of CNY 127,098.04 in the previous year, indicating a shift in credit quality[55] - The company’s total profit margin improved, reflecting better cost management and operational efficiency[51]