润欣科技(300493) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥376,747,007.45, representing a 40.39% increase compared to ¥268,354,596.24 in the same period last year[7]. - Net profit attributable to shareholders was ¥11,382,060.99, an increase of 86.53% from ¥6,102,131.90 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥10,680,767.73, up 119.28% from ¥4,870,786.41 in the previous year[7]. - Basic earnings per share increased by 100.00% to ¥0.02 from ¥0.01[7]. - Total operating revenue for Q1 2021 reached CNY 376,747,007.45, compared to CNY 268,354,596.24 in the same period last year, indicating a growth of approximately 40.4%[47]. - The net profit for Q1 2021 reached CNY 11,414,439.31, representing a 85% increase from CNY 6,172,367.93 in Q1 2020[50]. - The total profit for Q1 2021 was CNY 13,749,514.72, up from CNY 7,046,647.28 in Q1 2020[50]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 86.00%, amounting to ¥13,037,221.80 compared to ¥93,094,161.24 in the same period last year[7]. - The company's cash inflow from operating activities totaled CNY 457.09 million, a 29.44% increase compared to the previous year[17]. - The company's cash outflow from operating activities was CNY 444.06 million, reflecting a 70.78% increase year-on-year due to higher procurement costs[17]. - Cash and cash equivalents increased significantly to CNY 87,506,288.81 from CNY 35,463,461.16, representing a growth of approximately 146.5%[42]. - The total cash and cash equivalents at the end of the period reached CNY 76.83 million, an increase from CNY 67.20 million year-on-year[61]. - Cash flow from investment activities generated a net inflow of CNY 30.40 million, significantly higher than CNY 4.20 million in the same period last year[61]. - Cash flow from financing activities resulted in a net outflow of CNY 8.91 million, compared to a net outflow of CNY 7.66 million in the previous year[61]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,141,442,974.72, a 4.78% increase from ¥1,089,363,341.28 at the end of the previous year[7]. - The total liabilities increased to CNY 368,468,314.25 from CNY 335,921,882.94, marking an increase of about 9.8%[42]. - The total equity attributable to shareholders rose to CNY 765,143,631.10 from CNY 749,779,356.92, reflecting an increase of approximately 2.0%[42]. - The company reported a cash balance of RMB 302,554,359.75 as of March 31, 2021, an increase from RMB 277,230,425.11 at the end of 2020[39]. - Accounts receivable decreased to RMB 348,551,568.32 from RMB 377,451,265.65 at the end of 2020[39]. - The total assets were reported at CNY 1,089,363,341.28, reflecting an increase due to the new lease accounting standard[65]. Investment and R&D - The company’s research and development expenses increased by 53.71% to CNY 8.16 million, indicating a focus on innovation[17]. - Research and development expenses for Q1 2021 were CNY 8,159,235.68, compared to CNY 5,308,370.92 in the previous year, showing an increase of about 54.8%[48]. - The company implemented a stock incentive plan in March 2021, resulting in a share-based payment expense of CNY 2.14 million during the reporting period[18]. - The new NXP product line project has achieved an investment progress of 99.59%, with a total investment of RMB 5,216.9 million[30]. - The Qualcomm Snapdragon processor IoT solution project has achieved an investment progress of 100.51%, with a total investment of RMB 6,914.09 million[30]. - The AAC metal shell integration product line project has an investment progress of 100.38%, with a total investment of RMB 10,795.71 million[30]. Risks and Challenges - The company faces significant risks from market fluctuations, supplier changes, and customer dynamics that could adversely affect its performance[20]. - The ongoing pandemic and semiconductor supply shortages pose additional risks to the company's operations and market recovery[21]. Corporate Governance - The company has not reported any overdue commitments from its actual controllers, shareholders, or related parties during the reporting period[28]. - The company has not engaged in any share repurchase activities during the reporting period[27]. - The company has no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[32][33]. - The first quarter report was not audited, indicating preliminary financial results[70].