中石科技(300684) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥284,490,815.25, representing a 63.33% increase compared to ¥174,177,858.78 in the same period last year[8] - Net profit attributable to shareholders was ¥30,113,904.01, up 50.40% from ¥20,021,917.64 year-over-year[8] - The net profit after deducting non-recurring gains and losses was ¥24,583,308.42, reflecting a 30.22% increase from ¥18,878,121.68 in the previous year[8] - The basic earnings per share increased by 34.54% to ¥0.1075 from ¥0.0799 in the same period last year[8] - Operating revenue for the current period was CNY 284,490,815.25, compared to CNY 174,177,858.78 in the previous period, reflecting a significant increase[44] - Net profit for the current period is 30,226,487.23, compared to 19,827,556.65 in the previous period, reflecting a year-over-year increase of about 52.5%[46] - Basic earnings per share rose to 0.1075 from 0.0799, indicating a growth of approximately 34.6%[47] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 37.73% to ¥37,475,450.28, down from ¥60,178,311.42 year-over-year[8] - The total cash and cash equivalents decreased by 31.87% to 444.30 million yuan, mainly due to the use of idle funds for purchasing financial products[20] - The company reported a decrease in cash and cash equivalents from 652,136,568.51 to 444,304,252.30, indicating a reduction of approximately 31.9%[36] - The cash and cash equivalents decreased to CNY 287,074,216.10 from CNY 522,451,559.24, a decline of approximately 45%[39] - Cash flow from operating activities was 357,543,587.67, significantly higher than 251,948,452.03 in the previous period, indicating an increase of approximately 41.8%[53] - The ending cash and cash equivalents balance was $438.85 million, down from $347.19 million, reflecting a decrease of 26.3%[55] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,989,199,558.00, a slight increase of 0.23% from ¥1,984,725,390.71 at the end of the previous year[8] - The net assets attributable to shareholders increased by 1.81% to ¥1,722,392,890.85 from ¥1,691,829,385.34 at the end of the last year[8] - Current liabilities decreased to CNY 245,922,400.14 from CNY 277,086,938.32, indicating a reduction of about 11.2%[38] - Total liabilities were CNY 248,853,466.63, down from CNY 277,116,772.40, representing a decline of approximately 10.2%[38] - The company's total equity increased to CNY 1,740,346,091.37 from CNY 1,707,608,618.31, marking a growth of about 1.9%[39] - Total liabilities amounted to 277,116,772.40, with non-current liabilities at 2,367,518.65[62] Operating Costs and Expenses - Operating costs rose to 218.26 million yuan, up 77.54% from the previous period, mainly driven by increased revenue[19] - Research and development expenses increased by 59.76% to 16.46 million yuan, attributed to a rise in R&D personnel and new project costs[19] - Total operating costs for the current period were 258,469,418.86, compared to 152,501,187.85 in the previous period, an increase of approximately 69.3%[46] - The company reported a financial expense of -2,474,079.50, compared to 773,149.34 in the previous period, indicating a reduction in financial costs[46] Investment and Projects - The total amount of raised funds for the quarter was 96,290.62 million, with a negative investment of -164.31 million[26] - Cumulative investment of raised funds reached 36,176.57 million, with a utilization ratio of 0.00% for changes in purpose[26] - The project for high polymer composite shielding thermal conductive materials had an investment of 13,619.67 million, achieving a progress of 100.01%[26] - The 5G efficient heat dissipation module project had an investment of 61,670.95 million, with only 2.52% of the project completed by the end of the reporting period[26] Market Strategy - The company plans to continue expanding its market share and enhancing its product offerings to sustain growth in the upcoming periods[22] - The company is focusing on expanding its market presence and enhancing its product offerings through new technology developments[39]