Financial Performance - The company's revenue for Q1 2021 was ¥199,404,911.69, representing a 23.96% increase compared to ¥160,859,222.93 in the same period last year[1]. - Net profit attributable to shareholders was ¥34,080,747.75, a significant increase of 398.50% from ¥6,836,660.94 in the previous year[1]. - Basic earnings per share increased to ¥0.0533, up 398.13% from ¥0.0107 in the previous year[1]. - Operating profit for the same period was 40.96 million yuan, up 454.40% year-on-year[12]. - The total profit for the period was CNY 40,963,873.10, reflecting a 453.53% increase from CNY 7,400,520.90 in the previous year[13]. - The company's net profit for Q1 2021 reached CNY 21,400,743.43, a significant increase of 994.69% compared to CNY 1,954,952.54 in the same period last year[13]. - The total comprehensive income for the period was CNY -70,561,353.63, compared to CNY -56,364,310.61 in the same period last year[52]. Cash Flow and Investments - The net cash flow from operating activities was -¥44,453,247.41, which is a decline of 242.48% compared to -¥12,979,694.21 in the same period last year[1]. - Cash inflows from operating activities totaled CNY 222,250,820.50, an increase from CNY 208,663,572.62 in the previous year[56]. - The net cash flow from financing activities was 139,314,547.53 CNY, a significant improvement from -4,735,229.93 CNY in the previous period, reflecting better financing conditions[58]. - The company reported a net cash flow from investment activities of -218,166,788.14 CNY, which is a larger outflow compared to -128,580,822.65 CNY in the previous period, indicating increased investment spending[57]. - The company increased its investment in fixed assets, with cash payments amounting to CNY 225,182,828.47, an increase of 82.49% from CNY 123,395,822.65 last year[15]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,921,877,872.33, reflecting a 3.06% increase from ¥4,775,820,168.84 at the end of the previous year[1]. - The total liabilities increased to CNY 1,256,561,937.88 from CNY 1,196,316,790.20[44]. - The company's equity attributable to shareholders was CNY 3,665,315,934.45, reflecting a slight increase from CNY 3,579,503,378.64[44]. - The company's current assets totaled CNY 1,843,765,697.42, down from CNY 1,961,641,242.34[42]. - The total liabilities grew from CNY 1,196,316,790.20 to CNY 1,340,716,051.08, an increase of CNY 144,399,260.88[63]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,573[4]. - Major shareholder Yang Yunchun holds 38.39% of the shares, amounting to 245,367,035 shares, with 120,727,073 shares pledged[4]. - The company did not engage in any repurchase transactions during the reporting period[6]. Research and Development - Research and development expenses surged by 129.78% to CNY 76,240,440.59, driven by the expansion of business scale and continuous investment in R&D[13]. - R&D expenses reached CNY 195.37 million in 2020, accounting for 25.54% of total revenue, reflecting the company's commitment to innovation despite inherent risks[26]. - The company is focused on enhancing its product offerings and expanding its market presence through strategic initiatives[40][41]. Market and Operational Risks - The company faces risks from the COVID-19 pandemic, which could impact operations in international markets, particularly in Sweden and the U.S.[23]. - The company has implemented measures to mitigate risks associated with currency fluctuations and the impact of the pandemic on its operations[24]. - The company faces risks related to the uncertainty of customer orders for the new MEMS production line, which may affect capacity utilization[28]. Future Plans and Strategies - The company plans to continue investing in its core MEMS business and potential GaN technology, with increased hiring and R&D expenditures to capture market opportunities[17]. - The company aims to establish stable supply relationships with potential customers for its MEMS packaging and testing services, but faces uncertainties in customer conversion[29]. - The company is actively collaborating with domestic partners and institutions to develop MEMS technology and secure necessary patents[32].
赛微电子(300456) - 2021 Q1 - 季度财报