雷迪克(300652) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥114,085,427.76, representing a 37.11% increase compared to ¥83,205,209.43 in the same period last year[9]. - The net profit attributable to shareholders for Q1 2021 was ¥12,155,369.24, up 48.96% from ¥8,159,926.55 in the previous year[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,196,108.94, a 40.12% increase from ¥7,276,860.92 year-on-year[9]. - The basic earnings per share for Q1 2021 was ¥0.13, an increase of 44.44% compared to ¥0.09 in the same period last year[9]. - The company reported a total comprehensive income of CNY 12,155,369.24 for the period, compared to CNY 8,159,926.55 in the previous year, showcasing overall financial improvement[51]. - The net profit for the first quarter of 2021 was CNY 11,435,216.73, an increase of 18.06% compared to CNY 9,687,431.89 in the same period last year[54]. - Operating profit reached CNY 14,767,241.49, up from CNY 12,426,416.15, reflecting a growth of 18.83% year-over-year[54]. - Total revenue from operating activities was CNY 113,681,836.10, compared to CNY 95,502,772.84 in the previous year, indicating a year-over-year increase of 19.00%[58]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,334,714,966.67, reflecting a 3.07% increase from ¥1,294,966,197.47 at the end of the previous year[9]. - The total liabilities of the company as of March 31, 2021, were CNY 362,911,313.95, compared to CNY 335,342,815.15 at the end of 2020, reflecting an increase of approximately 8.3%[42]. - The company's equity attributable to shareholders increased to CNY 971,803,652.72 from CNY 959,623,382.32, showing a growth of about 1.4%[43]. - The company's cash and cash equivalents decreased to CNY 204,709,913.43 from CNY 247,183,713.62, representing a decline of about 17.1%[39]. - Accounts receivable increased significantly to CNY 118,084,308.53, up from CNY 91,698,497.17, marking a rise of approximately 28.7%[39]. - The company's inventory rose to CNY 158,912,367.77 from CNY 146,145,635.70, indicating an increase of about 8.5%[39]. - Total assets amounted to CNY 1,495,163,094.29, up from CNY 1,463,101,093.90, showing a growth in asset base[46]. - Total liabilities increased to CNY 525,347,638.07 from CNY 504,745,755.57, indicating a rise in financial obligations[46]. - The company's equity totaled CNY 969,815,456.22, compared to CNY 958,355,338.33 in the previous period, reflecting a healthy equity position[46]. Cash Flow - The net cash flow from operating activities for Q1 2021 was -¥6,615,072.87, a slight improvement of 5.18% compared to -¥6,976,230.62 in the same period last year[9]. - Cash flow from operating activities showed a net outflow of CNY -6,615,072.87, slightly improved from CNY -6,976,230.62 in the previous year[59]. - Cash flow from investment activities resulted in a net outflow of CNY -35,649,526.33, compared to CNY -81,012,631.92 in the same period last year, showing a reduction in cash outflow[59]. - The total cash flow from investment activities was -8,624,884.42, compared to -83,336,907.27 in the previous year, indicating a significant improvement[62]. - Cash flow from financing activities generated a net amount of 2,139,077.24, a decrease from 246,148,038.58 year-over-year[62]. - The net increase in cash and cash equivalents was -3,455,565.23, contrasting with an increase of 157,333,288.49 in the same period last year[62]. - The ending balance of cash and cash equivalents was 145,114,685.45, down from 352,812,808.40 year-over-year[62]. Operational Highlights - The company plans to strengthen management and internal controls while focusing on R&D, production, and market expansion in 2021[20]. - The company has completed the automation technology transformation project for hub bearings and tapered roller bearings, enhancing operational efficiency[26]. - The company has completed the automation technology transformation project for hub bearings and cone bearings, which is now in a usable state[32]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[54]. - The company acknowledges the potential impact of the COVID-19 pandemic on global automotive demand and supply chain stability[23]. Risks and Challenges - The company faces risks related to macroeconomic fluctuations, particularly in the automotive industry, which could lead to reduced orders and increased inventory[23]. - The company is exposed to risks from raw material price fluctuations, particularly in bearing steel, which has seen significant price increases since Q4 2020[24]. - The company has implemented a pricing strategy for its automotive bearing products that includes a yearly price reduction, which may be affected by market competition[25]. - The project for the precision automotive bearing industry base has not met the planned progress due to the ongoing impact of the COVID-19 pandemic[30]. Shareholder Information - The company had a total of 7,829 common shareholders at the end of the reporting period[13]. - The largest shareholder, Beijing Kejian Holdings, held 31.57% of the shares, totaling 29,700,071 shares[13]. - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[27]. - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[34]. Investment and Funding - The total amount raised from the public offering was CNY 58,990.96 million, with CNY 725.45 million invested in the current quarter[29]. - Cumulative changes in the use of raised funds amounted to CNY 32,114.46 million, representing 54.44% of the total raised funds[29]. - The company plans to use surplus raised funds to supplement working capital for its main business operations[26]. - The remaining raised funds amounting to CNY 87.85 million will be used for permanent replenishment of the company's working capital[31]. - The company has pre-paid CNY 37.19 million of self-raised funds for project investments before the public offering funds were in place[31]. - The company will supplement any investment exceeding the raised funds with its own capital if necessary[31]. - There were no violations regarding the use of raised funds during the reporting period[33].