宜安科技(300328) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥229,583,471.84, representing a 1.31% increase compared to ¥226,617,769.44 in the same period last year[11]. - The net profit attributable to shareholders decreased significantly by 92.62% to ¥1,153,559.61 from ¥15,623,413.47 year-on-year[11]. - The net cash flow from operating activities dropped by 93.45% to ¥8,285,197.12, down from ¥126,578,634.71 in the previous year[11]. - Basic earnings per share fell by 92.48% to ¥0.0017, compared to ¥0.0339 in the same quarter last year[11]. - The company reported a net profit for Q1 2021 of a loss of CNY 1,127,521.88, compared to a profit of CNY 17,947,011.88 in the same period last year[62]. - The company reported a comprehensive income total of CNY -796,170.16 for Q1 2021, down from CNY 18,844,240.78 in the previous year[63]. - The company experienced a significant increase in financial expenses, rising to CNY 2,389,671.71 from CNY 1,086,448.30[61]. - The total operating revenue for Q1 2021 was CNY 229,583,471.84, an increase from CNY 226,617,769.44 in the previous period[60]. Assets and Liabilities - Total assets increased by 3.22% to ¥2,155,927,720.96 from ¥2,088,808,435.22 at the end of the previous year[11]. - Current assets totaled CNY 1,018,950,110.16, up from CNY 977,144,057.36, indicating an increase of about 4.5%[52]. - Total liabilities rose to CNY 699,693,326.87 from CNY 631,634,260.97, marking an increase of approximately 10.8%[54]. - The company's total equity stood at CNY 1,456,234,394.09, slightly down from CNY 1,457,030,564.25, indicating a decrease of about 0.05%[55]. - The total current liabilities amounted to CNY 478,926,229.73, up from CNY 435,182,453.41, indicating an increase of approximately 10%[54]. Cash Flow - Cash flow from operating activities generated a net amount of CNY 8,285,197.12, down from CNY 126,578,634.71 in the prior year[70]. - The total cash inflow from operating activities was CNY 249,957,973.91, while cash outflow was CNY 241,672,776.79, resulting in a slight positive cash flow[70]. - The cash inflow from investment activities was 13,524,271.73 CNY in Q1 2021, compared to 50,459,510.86 CNY in Q1 2020, representing a decrease of about 73.3%[74]. - The cash outflow for investment activities totaled 139,134,542.14 CNY in Q1 2021, compared to 162,076,793.26 CNY in Q1 2020, marking a reduction of approximately 14.1%[74]. - The company raised CNY 101,204,350.00 through borrowings, an increase from CNY 51,112,400.00 in the prior year[71]. Shareholder Information - The total number of shareholders at the end of the reporting period was 28,772[15]. - The top shareholder, Zhuzhou State-owned Assets Investment Holding Group Co., Ltd., holds 27.97% of the shares, totaling 193,125,000 shares[15]. Research and Development - The company plans to enhance its liquid metal product offerings through various promotional activities and increase R&D investment to improve customer acceptance[26]. - The company has obtained 25 authorized patents during the reporting period, indicating a focus on innovation and technology development[29]. - Research and development expenses increased to CNY 16,899,248.17 from CNY 13,883,527.78, indicating a focus on innovation[61]. - The company plans to increase R&D investment in high-tech products such as liquid metal and components for new energy vehicles to maintain competitive advantage[33]. Risks and Challenges - The company faces risks from increasing market competition in the new energy vehicle and consumer electronics sectors, necessitating continuous innovation and market expansion[33]. - Rising costs associated with R&D and market development may impact the company's financial performance, prompting a need for improved cost control measures[34]. - The company is addressing the risk of increased accounts receivable due to extended payment terms with clients, which could affect cash flow stability[35]. - Management risks are heightened due to the expansion of business operations, requiring improvements in resource integration and internal controls[37]. - The company is exposed to foreign exchange risks as its products are primarily priced in USD, which could affect profitability due to currency fluctuations[38]. - There is a risk of goodwill impairment from acquisitions if the performance of acquired companies does not meet expectations[39]. - The ongoing global pandemic may impact production and sales, particularly in overseas markets, despite domestic control measures being in place[40]. Fund Management - The total amount of raised funds is CNY 419.8844 million, with CNY 12.9955 million invested in the current quarter[43]. - Cumulative amount of raised funds utilized is CNY 321.6955 million, with a utilization ratio of 89.54% for the non-crystalline alloy precision structural component project[43]. - The company has strictly adhered to regulations regarding the management and use of raised funds, with no violations reported[44]. - The company has not engaged in any illegal external guarantees during the reporting period[46]. - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[47]. Miscellaneous - The first quarter report for 2021 was not audited, indicating that the financial data may be subject to further review[76]. - The impact of exchange rate changes on cash and cash equivalents was -78,911.17 CNY in Q1 2021, compared to an increase of 1,579,400.86 CNY in Q1 2020[74].