惠伦晶体(300460) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥152,701,227.18, representing a 273.55% increase compared to ¥40,878,129.05 in the same period last year[7] - The net profit attributable to shareholders was ¥42,811,537.42, a significant turnaround from a loss of ¥7,749,265.58 in the previous year, marking a 652.46% increase[7] - Basic and diluted earnings per share were both ¥0.1817, compared to a loss of ¥0.0461 per share in the previous year, reflecting a 494.14% improvement[7] - Operating revenue for the reporting period amounted to RMB 152.70 million, an increase of 273.55% compared to the same period last year, driven by strong demand and increased sales revenue[12] - The net cash flow from operating activities for the reporting period was RMB 40.84 million, a significant increase of 11,750.28% year-on-year, primarily due to increased sales collections[19] - Operating costs for the reporting period were RMB 87.88 million, an increase of 139.89% year-on-year, primarily due to increased sales volume[13] - Financial expenses for the reporting period were RMB 1.54 million, an increase of 308.36% year-on-year, mainly due to increased interest expenses[16] - The company reported a significant increase in prepayments, which rose to ¥33,537,823.79 from ¥3,926,288.66, suggesting a proactive approach to securing future supplies or services[39] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,221,364,302.30, up 15.56% from ¥1,056,893,475.04 at the end of the previous year[7] - The company's total assets increased to ¥1,246,612,651.83 as of March 31, 2021, up from ¥1,072,256,967.79 at the end of 2020[40] - The company's total liabilities rose to ¥652,894,010.67, compared to ¥529,479,949.98 at the end of 2020, indicating increased leverage[40] - The company’s total liabilities increased to CNY 617,655,116.99 from CNY 503,795,423.80 as of December 31, 2020[36] - The company reported an increase in accounts receivable to CNY 213,092,061.94 from CNY 165,042,601.28 as of December 31, 2020[33] Cash Flow - The net cash flow from investing activities was -125,517,829.45 CNY, compared to -36,411,430.02 CNY in the previous period[56] - Cash flow from investing activities shows a net outflow of 194,281,064.05, compared to a net outflow of 36,411,430.02 in the previous period, highlighting significant investment activity[52] - Cash flow from financing activities is 136,786,278.35, up from 7,385,263.34 in the previous period, indicating increased financing efforts[53] - The ending cash and cash equivalents balance is 25,512,102.49, down from 15,488,599.53 in the previous period, indicating a decrease in liquidity[53] Research and Development - Development expenditures increased by 83.32% to ¥9,071,700, mainly due to increased spending on high-frequency product R&D projects[15] - Research and development expenses for Q1 2021 were ¥2,753,670.03, down from ¥5,746,700.00 in the same period last year, indicating a potential shift in R&D strategy[43] - The company is focusing on the development of small-sized, high-frequency devices, maintaining a leading position in technology and product development[29] Market Position and Strategy - The company aims to maintain its leading position in the domestic market by focusing on high-frequency miniaturization to support 5G and IoT applications[27] - The company has established partnerships with well-known domestic and international companies, including Amazon, LG, and several domestic firms such as Honor and Huada Beidou[26] - The company has been collaborating with Japanese manufacturer NPC for the development of ICs required for TCXO products, ensuring a steady supply for production[26] - The global shipment volume for TCXO is approximately 120KK units per month, while TSX is around 200KK units per month, indicating significant market demand[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,748, with the largest shareholder holding 24.66% of the shares[11] - The net assets attributable to shareholders increased by 9.15% to ¥603,709,185.31 from ¥553,098,051.24 at the end of the previous year[7] Other Information - The company did not undergo an audit for the first quarter report[58] - The company did not apply the new leasing standards for the first quarter of 2021[57]