澄天伟业(300689) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥83,809,929.86, representing a 25.86% increase compared to ¥66,590,561.84 in the same period last year[8] - Net profit attributable to shareholders was ¥1,889,104.85, a 3.61% increase from ¥1,823,209.28 year-on-year[8] - The net profit after deducting non-recurring gains and losses dropped by 75.98% to ¥439,101.48 from ¥1,827,735.72 in the previous year[8] - The net cash flow from operating activities decreased by 32.36% to ¥11,397,108.79, down from ¥16,850,344.83 in the same period last year[8] - Total operating revenue for Q1 2021 was CNY 83,809,929.86, an increase from CNY 66,590,561.84 in the previous period[42] - Total operating costs for Q1 2021 amounted to CNY 82,712,041.93, up from CNY 65,091,044.10 in the previous period[43] - Gross profit for Q1 2021 was CNY 1,097,887.93, reflecting a decrease compared to the previous period[43] - The total profit for Q1 2021 was CNY 2,400,640.07, down from CNY 2,913,159.33 in the previous year, indicating a decline of about 17.5%[44] - The company's basic and diluted earnings per share for Q1 2021 remained stable at CNY 0.03, unchanged from the previous period[45] - The total comprehensive income for Q1 2021 was CNY 1,763,494.63, a significant recovery from a loss of CNY 2,343,548.26 in the previous year[45] Assets and Liabilities - Total assets at the end of the reporting period were ¥710,262,619.11, reflecting a 1.53% increase from ¥699,529,026.20 at the end of the previous year[8] - The net assets attributable to shareholders increased by 0.28% to ¥616,015,999.81 from ¥614,290,682.79 at the end of the last year[8] - Total assets as of March 31, 2021, were CNY 524,517,106.28, compared to CNY 516,097,749.53 at the end of 2020[40] - Total liabilities as of March 31, 2021, were CNY 88,798,993.33, an increase from CNY 80,242,340.20 at the end of 2020[40] - Total equity attributable to shareholders was CNY 435,718,112.95 as of March 31, 2021, slightly down from CNY 435,855,409.33 at the end of 2020[40] Cash Flow - The company's cash flow from operating activities was CNY 79,367,559.02, down from CNY 96,511,074.95 in the previous period[51] - Cash and cash equivalents at the end of Q1 2021 totaled ¥64,454,649.01, compared to ¥111,314,374.22 at the end of Q1 2020, reflecting a decrease of 42.1%[53] - The company reported cash inflow from operating activities of ¥55,132,072.46, down 30.6% from ¥79,497,181.00 in the previous year[55] - Cash outflow from operating activities was ¥77,826,662.09, an increase of 9.4% compared to ¥70,721,750.43 in Q1 2020[55] - The net cash flow from financing activities was ¥3,267,889.83, a recovery from -¥5,251,763.40 in the previous year[53] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,072[11] - The largest shareholder, Shenzhen Chengtian Shengye Investment Co., Ltd., holds 41.25% of the shares, amounting to 28,050,000 shares[11] - The company did not engage in any repurchase transactions during the reporting period[12] - The company has initiated an employee stock ownership plan aiming to raise up to RMB 7.2208 million, with a total of no more than 7.2208 million shares available for subscription[25] Operational Insights - The company is expanding its international presence, particularly in Southeast Asia and Africa, to enhance service delivery and meet large-scale procurement demands[18] - The company is increasing investment in smart production centers and automation to improve production efficiency[16] - The company has completed certifications for its smart card specialized chips, enhancing its competitive edge in the market[20] - The company is actively managing market risks by maintaining effective communication with major clients and signing long-term cooperation agreements[21] - The company has increased its investment in product development and technology research to enhance its core competitiveness, focusing on optimizing smart operation management and financial systems[22] - The average wage level for domestic manufacturing workers continues to rise, posing a risk of increased labor costs for the company, which operates in a labor-intensive industry[22] - The company plans to enhance production process automation and reduce reliance on manual labor by building smart factory production lines[22] - The company is establishing a top-level innovation mechanism to strengthen cross-departmental collaboration and improve internal control systems[23] - The company's overseas business revenue is increasing annually, but fluctuations in the RMB exchange rate may impact its profitability[23] Investment and Expenses - The company received government subsidies amounting to ¥891,440.71 during the reporting period[9] - Accounts receivable decreased by 61.49% to $100,000 due to the maturity of bank acceptance bills[15] - Prepayments increased by 126.06% to $2,379,886.38 primarily due to increased advance payments for material purchases[15] - Sales expenses decreased by 86.14% to $488,304.68 as transportation costs were adjusted to operating costs under new revenue standards[15] - Investment income of $1,028,145.47 was recorded, attributed to returns from financial products[15] - Research and development expenses for Q1 2021 were CNY 1,287,794.23, slightly up from CNY 1,212,757.55 in the previous year, indicating continued investment in innovation[47] - The company incurred a loss of CNY 121,245.62 from asset disposal in Q1 2021, reflecting challenges in asset management[44]