厚普股份(300471) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥154,676,932.98, representing a 397.48% increase compared to ¥31,092,241.56 in the same period last year[8]. - The net profit attributable to shareholders was ¥3,882,760.08, a significant turnaround from a loss of ¥33,184,735.34 in the previous year, marking an increase of 111.70%[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,869,432.52, compared to a loss of ¥34,763,787.90 last year, reflecting an increase of 108.25%[8]. - The basic earnings per share for the period was ¥0.0106, a recovery from a loss of ¥0.0910 per share in the same period last year, indicating an increase of 111.65%[8]. - Operating profit improved to ¥7,328,330.60, a turnaround from a loss of ¥34,632,031.57 in the previous period, reflecting a 121.16% increase[20]. - The company reported a net loss of ¥77,440,574.49, an improvement from a loss of ¥81,323,334.57 in the previous period[46]. - The comprehensive income for the period was ¥7,663,207.21, a significant improvement from a loss of ¥34,373,512.66 in the prior year[54]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,887,341,588.04, a decrease of 1.31% from ¥1,912,304,252.20 at the end of the previous year[8]. - The net assets attributable to shareholders at the end of the reporting period were ¥1,053,869,096.99, showing a slight increase of 0.38% from ¥1,049,894,076.59 at the end of the previous year[8]. - Total current assets decreased from ¥837,501,094.07 to ¥798,973,099.84, a decline of approximately 4.1%[43]. - Total non-current assets increased from ¥1,074,803,158.13 to ¥1,088,368,488.20, a growth of about 1.3%[44]. - Total current liabilities decreased from ¥749,559,714.87 to ¥704,745,718.21, a decline of about 6.0%[45]. - Total liabilities decreased from ¥834,268,093.24 to ¥798,942,221.87, a reduction of approximately 4.2%[45]. - Total equity increased from ¥1,078,036,158.96 to ¥1,088,399,366.17, reflecting a growth of about 1.5%[46]. Cash Flow - The net cash flow from operating activities was -¥63,061,129.04, which is a decline of 51.95% compared to -¥41,500,008.33 in the same period last year[8]. - Cash flow from operating activities saw a significant increase of 140.69%, amounting to ¥143,337,142.75, reflecting enhanced operational efficiency[21]. - Operating cash inflow for the period was CNY 163,943,354.23, up from CNY 66,849,034.44 in the previous period, representing a growth of approximately 145%[61]. - Total cash outflow from operating activities was CNY 227,004,483.27, an increase from CNY 108,349,042.77 in the previous period[61]. - The company’s cash and cash equivalents decreased by 67.30% to ¥44,516,266.23, primarily due to capital expenditures and loan repayments[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,898, indicating a stable shareholder base[12]. - The company plans to issue up to 23,336,666 shares to specific investors, raising a maximum of ¥170,124,295.14 to supplement working capital[34]. Research and Development - Research and development expenses rose by 47.86% to ¥8,971,410.97, indicating increased investment in innovation[19]. - The company is investing in R&D and technology innovation in the hydrogen energy sector to establish a competitive advantage in a nascent market[31]. Market and Operational Strategy - The acquisition of Sichuan Jiari Aviation Equipment Co., Ltd. is contributing positively to the company’s performance, creating a new profit growth point[23]. - The company has strengthened its market expansion efforts, particularly in the natural gas and hydrogen refueling sectors, capitalizing on stable domestic conditions[23]. - The company is focusing on expanding its CNG/LNG vehicle refueling equipment business while also developing hydrogen energy and marine business sectors to mitigate risks from slow growth in the domestic natural gas vehicle market[29]. - The company is implementing measures to manage accounts receivable risks, including enhancing customer credit management and optimizing contract execution processes[30]. - The company is actively monitoring macroeconomic conditions and industry policies to minimize adverse impacts from the COVID-19 pandemic and commodity price fluctuations[28]. - The company is establishing a foreign exchange management mechanism to mitigate risks associated with currency fluctuations as international business grows[33]. Supplier and Customer Concentration - In Q1 2021, the top five suppliers accounted for 45.98% of total procurement, with the largest supplier contributing 14.85% at ¥9,080,119.15, compared to 23.38% in Q1 2020[24]. - The top five customers generated 39.31% of total revenue in Q1 2021, with the largest customer contributing 15.96% at ¥24,686,200.49, an increase from 12.96% in Q1 2020[26].