神宇股份(300563) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥201,428,181.07, representing a 102.04% increase compared to ¥99,697,772.04 in the same period last year[7] - Net profit attributable to shareholders was ¥15,806,111.20, up 13.82% from ¥13,887,369.07 year-on-year[7] - Basic earnings per share (EPS) was ¥0.1678, a decrease of 3.34% compared to ¥0.1736 in the same period last year[7] - The company's operating revenue for Q1 2021 was CNY 201,428,181.07, representing a year-on-year increase of 102.04% compared to CNY 99,697,772.04 in Q1 2020[18] - The net profit attributable to shareholders for Q1 2021 was CNY 15,806,111.20, an increase of 13.82% from CNY 13,895,000.00 in the same period last year[21] - Net profit for Q1 2021 was ¥15,806,528.06, representing a 13.1% increase from ¥13,886,391.55 in Q1 2020[59] - The company's total assets increased to ¥1,118,886,886.78, up from ¥1,097,832,662.37 at the end of the previous period[55] - The company's total current assets as of March 31, 2021, amounted to RMB 720,075,040.79, slightly increasing from RMB 718,883,415.88 at the end of 2020[48] Cash Flow and Investments - The net cash flow from operating activities decreased by 13.08% to ¥20,614,551.74, down from ¥23,717,287.31 in the previous year[7] - The cash flow from investment activities showed a significant decline, with a net outflow of CNY -72,008,456.00, compared to CNY -11,845,781.58 in the previous year, primarily due to investments in bank wealth management products[20] - The company's cash and cash equivalents decreased by 34.69% to CNY 83,890,960.47, mainly due to stock repurchases and investment in financial products[17] - The total cash and cash equivalents at the end of Q1 2021 were ¥59,001,001.50, down from ¥53,085,229.22 at the end of Q1 2020[67] - The cash outflow from investing activities was ¥72,008,456.00, compared to ¥11,845,781.58 in the previous year, indicating a significant increase in investment activities[66] - The net cash flow from investing activities was -72,008,456.00, compared to -11,530,336.58 in the previous year, indicating a significant increase in investment outflows[70] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,117,934,052.79, reflecting a 1.70% increase from ¥1,099,209,994.45 at the end of the previous year[7] - The company's total liabilities as of March 31, 2021, were RMB 220,044,695.59, compared to RMB 191,963,197.38 at the end of 2020, indicating an increase of approximately 14.5%[50] - Total liabilities rose to ¥218,365,502.78, compared to ¥188,386,984.55 in the previous period, indicating a 15.9% increase[55] - The company's equity decreased to ¥900,521,384.00 from ¥909,445,677.82, reflecting a decline of 1.0%[55] Research and Development - The company's R&D expenses increased by 89.31% to CNY 6,746,487.62, driven by the implementation of the "one main body, four directions" strategy[18] - Research and development expenses for Q1 2021 were ¥6,746,487.62, an increase of 89.0% from ¥3,563,704.79 in Q1 2020[58] - The company aims to enhance product competitiveness by increasing R&D efforts and establishing a price linkage mechanism to mitigate raw material price fluctuations[28] - The company is facing intensified market competition, prompting increased investment in product R&D and market expansion to maintain competitive advantage[29] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,930[11] - The top shareholder, Ren Fengjuan, holds 20.25% of the shares, amounting to 19,154,000 shares[11] Government and Financial Support - The company received government subsidies amounting to ¥592,727.51 during the reporting period[8] - The fair value changes of financial assets and liabilities resulted in a gain of ¥1,884,166.66[8] - The company reported an investment income of ¥1,884,166.66 for Q1 2021, with no comparable figure from the previous year[58] Operational Highlights - The company is actively expanding its production capacity to meet the growing demand for RF coaxial cables driven by the 5G infrastructure development[21] - The company has committed to a project for the annual production of 400,000 kilometers of 5G communication and aerospace high-stability RF coaxial cables, with a completion target by December 2022[40] - The company has established long-term cooperative relationships with strategic customers to maintain a high market share[28] Management and Governance - The company is addressing management risks by training and recruiting high-level management and technical personnel to improve management efficiency[30] - The company has not changed the use of raised funds, with no cumulative changes reported[40] - There were no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[43] - The company did not require adjustments to the beginning balance sheet items under the new leasing standards, as it currently does not engage in leasing activities[71] - The first quarter report was not audited, which may affect the reliability of the financial data presented[73]