劲拓股份(300400) - 2021 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2021 was CNY 214,833,790.05, an increase of 11.70% compared to CNY 192,335,284.35 in the same period last year[7] - Net profit attributable to shareholders was CNY 34,882,777.56, reflecting a 2.06% increase from CNY 34,179,763.08 year-over-year[7] - Net profit excluding non-recurring gains and losses was CNY 31,640,791.23, up 19.85% from CNY 26,400,466.45 in the previous year[7] - The company achieved total operating revenue of CNY 214.83 million in Q1 2021, representing an increase of 11.70% year-on-year[23] - The net profit attributable to shareholders was CNY 34.88 million, showing a slight increase year-on-year, while the net profit excluding non-recurring gains and losses grew by 19.85% to CNY 31.64 million[23] - The company's total comprehensive income for Q1 2021 was CNY 34,564,271.55, compared to CNY 34,351,291.53 in the same quarter last year, indicating a growth of 0.6%[59] Cash Flow and Assets - Operating cash flow net amount decreased by 35.16% to CNY 42,003,733.73 from CNY 64,778,013.52 in the same period last year[7] - As of March 31, 2021, the company's cash and cash equivalents amounted to ¥212,339,436.45, a decrease from ¥280,585,768.74 at the end of 2020, representing a decline of approximately 24.3%[48] - Total current assets reached ¥911,641,678.18, up from ¥828,312,228.22, marking an increase of around 10.0%[48] - Cash and cash equivalents decreased to CNY 210,041,046.57 from CNY 275,982,275.07, a decline of approximately 24%[51] - The ending cash and cash equivalents balance decreased to CNY 171,034,780.33 from CNY 115,395,425.32, indicating a decline of approximately 48.2%[67] Liabilities and Equity - Total liabilities increased to CNY 542,751,688.93 from CNY 503,678,399.54, representing a rise of about 7.4%[50] - Current liabilities totaled CNY 519,645,280.89, up from CNY 484,127,235.20, indicating an increase of approximately 7.3%[50] - The company's total equity reached CNY 717,605,679.31, compared to CNY 678,530,827.25, showing an increase of about 5.7%[51] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,417[11] - The largest shareholder, Wu Xian, holds 32.86% of the shares, amounting to 79,729,018 shares, with 26,800,000 shares pledged[11] - The company plans to distribute a cash dividend of RMB 1.00 per 10 shares, totaling RMB 23,966,498.00, based on a total share capital of 239,664,980 shares as of December 31, 2020[38] Research and Development - Research and development expenses amounted to CNY 12.36 million, a 39.61% increase from the previous year, reflecting increased material costs[19] - The company is focusing on R&D for high-precision production equipment, with significant projects including the SE second-generation wave soldering machine and multi-axis 3D dispensing equipment[26] - The company has successfully launched the SE second-generation wave soldering equipment, enhancing performance and stability while increasing intelligent control capabilities, which has entered mass production[28] Market and Operational Strategies - The company plans to enhance its product structure by increasing the penetration of mid-to-high-end products, which is expected to improve gross profit margins[25] - The company is actively expanding production capacity in response to increased customer orders by optimizing workshop layout and improving production processes, aiming to enhance production efficiency and shorten supply cycles[29] - The management highlighted ongoing efforts in market expansion and new product development as key strategies for future growth[58] Risks and Challenges - The company faces risks from macroeconomic slowdown, exacerbated by global pandemic impacts and trade protectionism, which may challenge future growth[32] - To mitigate risks from economic slowdown, the company is enhancing customer relationships and increasing product development efforts to tap into domestic markets and diversify revenue sources[32] - Rising raw material costs, particularly for steel and electronic components, pose a risk to operating costs; however, the company maintains strong supplier relationships to stabilize prices[37] Compliance and Governance - The company has no reported non-operating fund occupation by controlling shareholders or related parties during the reporting period[42] - There were no violations of external guarantees reported during the reporting period[41] - The company is currently in compliance with all commitments made regarding tax benefits and other obligations[40]