电工合金(300697) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥440,282,582.11, representing an increase of 82.80% compared to ¥240,852,669.59 in the same period last year[8] - Net profit attributable to shareholders was ¥41,500,110.05, a significant increase of 176.60% from ¥15,003,903.56 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥41,333,588.52, up 190.34% from ¥14,236,329.98 in the previous year[8] - Basic earnings per share rose to ¥0.200, reflecting a 177.78% increase from ¥0.072 in the same quarter last year[8] - Total operating revenue for Q1 2021 reached ¥440,282,582.11, a significant increase from ¥240,852,669.59 in the previous period[36] - Net profit for Q1 2021 was ¥41,493,983.48, up from ¥14,942,285.88 in the same period last year, indicating a growth of approximately 177%[38] - The company reported a total comprehensive income of ¥42,041,648.00, compared to a loss of ¥16,814,797.00 in the previous year[39] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,347,328,050.77, a 5.29% increase from ¥1,279,618,193.23 at the end of the previous year[8] - Total current assets increased to CNY 1,094,838,137.97 as of March 31, 2021, up from CNY 1,047,211,867.95 at the end of 2020, representing a growth of approximately 4.5%[28] - Total liabilities increased to CNY 405,552,909.31 as of March 31, 2021, from CNY 379,884,699.77 at the end of 2020, reflecting a rise of approximately 6.8%[30] - Total liabilities increased to ¥250,189,919.25 from ¥233,285,848.17, indicating a rise in financial obligations[37] - Total equity rose to ¥691,628,973.61 from ¥665,927,190.66, reflecting a growth in shareholder value[37] - The total assets increased from 1,279,618,193.23 CNY to 1,283,213,282.53 CNY due to the implementation of new leasing standards[56] - The total liabilities rose from 379,884,699.77 CNY to 383,479,789.07 CNY, reflecting the impact of new lease liabilities[56] Cash Flow - The net cash flow from operating activities was negative at -¥40,891,525.50, a decline of 231.65% from ¥31,060,818.84 in the previous year[8] - Cash flow from operating activities showed a net outflow of CNY 40.89 million, a decline of 231.65% year-on-year, attributed to increased raw material procurement costs[18] - The net cash flow from operating activities was negative at CNY -40,891,525.50, contrasting with a positive cash flow of CNY 31,060,818.84 in the same quarter last year[46] - The net cash flow from financing activities was CNY 22,314,658.60, compared to a net outflow of CNY -43,069,385.34 in the same quarter last year[47] - The net cash flow from investment activities was -31,507,016.16 CNY, compared to -33,802,924.52 CNY in the previous year, indicating a slight improvement[50] Research and Development - Research and development expenses increased by 65.61% to CNY 7.68 million, indicating a commitment to enhancing market competitiveness through new technologies and products[16] - Research and development expenses for Q1 2021 were ¥7,676,553.19, up from ¥4,635,440.24, highlighting an increased focus on innovation[37] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,250[11] - The company's total equity increased to CNY 941,775,141.46 from CNY 899,733,493.46, representing a growth of approximately 4.7%[31] Financial Management - The company's financial expenses decreased by 56.49% to CNY 1.67 million, primarily due to lower bank loan interest rates[16] - The financial expenses decreased to ¥1,671,939.76 from ¥3,842,997.07, indicating improved cost management[37] Inventory and Receivables - Inventory rose significantly to CNY 315,260,258.43, compared to CNY 258,990,116.01 at the end of 2020, marking an increase of about 21.7%[28] - The accounts receivable slightly decreased to CNY 406,110,818.57 from CNY 410,663,174.02, a decline of about 1.4%[28] Contracts and Expansion - The company secured contracts worth CNY 229.71 million in the electric railway contact network series during the first quarter, indicating strong demand in this sector[20] - The company plans to expand production capacity for new copper busbars and deep-processing components, aiming to enhance the scale of high-value-added copper alloy products[19]