岱勒新材(300700) - 2021 Q1 - 季度财报

Financial Performance - Revenue for Q1 2021 was CNY 44,489,045.44, a decrease of 25.29% compared to CNY 59,551,617.95 in the same period last year[9] - Net profit attributable to shareholders was CNY -6,098,309.68, representing a decline of 320.44% from CNY 2,766,407.08 year-on-year[9] - Basic and diluted earnings per share were both CNY -0.074, down 317.65% from CNY 0.034 in the same period last year[9] - The net profit attributable to shareholders was -6.10 million yuan, indicating a significant decline in profitability[20] - The operating profit for the first quarter was a loss of CNY 7,800,640.47, down from a profit of CNY 2,586,069.93 in the previous year[44] - The total comprehensive income for the first quarter was a loss of CNY 6,098,309.68, compared to a gain of CNY 2,766,407.08 in the previous year[45] Cash Flow - Net cash flow from operating activities was CNY -14,690,476.18, a decrease of 510.75% compared to CNY 3,576,478.43 in the previous year[9] - The company reported a decrease in cash inflow from operating activities, totaling 32,380,282.37 yuan, compared to 41,949,255.53 yuan in the previous period[54] - Total cash inflow from financing activities was 30,162,262.12 yuan, compared to 20,000,000.00 yuan in the previous period, resulting in a net cash flow of 26,110,665.69 yuan[53] - The total cash outflow from investing activities was 7,904,486.27 yuan, down from 14,068,384.13 yuan in the previous period, leading to a net cash flow of -7,851,700.97 yuan[52] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,145,729,874.67, an increase of 0.78% from CNY 1,136,905,433.26 at the end of the previous year[9] - Total liabilities increased to CNY 618,342,514.61 from CNY 603,423,574.37 in the previous period[36] - Current liabilities totaled CNY 393,351,362.99, slightly up from CNY 390,623,124.32[36] - Non-current liabilities rose to CNY 224,991,151.62 from CNY 212,800,450.05[36] - Owner's equity decreased to CNY 527,387,360.06 from CNY 533,481,858.89[37] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,797[12] - The largest shareholder, Duan Zhiming, holds 23.14% of the shares, with 19,068,500 shares, of which 14,301,375 are pledged[12] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13] Operational Metrics - The company reported non-recurring gains and losses totaling CNY 1,776,526.69 for the period[10] - The company did not report any significant changes in its top five suppliers or customers, indicating stable supplier and customer relationships[21][22] - The company has not experienced any significant changes in project feasibility or violations of external guarantees during the reporting period[27][28] Investment and Funding - The total amount of raised funds for the quarter was CNY 20,296.33 million, with CNY 124.82 million invested during the reporting period[25] - Cumulative raised funds used amounted to CNY 10,691.15 million, representing 52.68% of the total committed investment projects[25] - The company plans to provide loans to its wholly-owned subsidiary, Zhuzhou Daili, for project investment, with a total loan amount not exceeding CNY 210 million[26] - The company plans to use idle raised funds temporarily to supplement working capital, amounting to CNY 80 million, without affecting the normal progress of investment projects[26] - The company has decided to extend the construction period of its annual production project of 6 billion meters of diamond wire from December 31, 2020, to June 30, 2021[25] Other Financial Metrics - Cash and cash equivalents at the end of the period amounted to 100,175,787.83 yuan, an increase from 172,428,110.60 yuan in the previous period[53] - Accounts receivable decreased from CNY 123,473,381.31 at the end of 2020 to CNY 109,895,180.80 as of March 31, 2021[34] - Inventory increased from CNY 142,710,103.17 at the end of 2020 to CNY 154,587,563.47 as of March 31, 2021[34] - Research and development expenses amounted to CNY 3,790,270.97, a decrease from CNY 4,678,246.55 in the previous period[43] - The total operating costs for the first quarter were CNY 54,403,903.55, down from CNY 66,551,119.35 in the previous period[43] - Other income for the first quarter was CNY 2,185,435.00, significantly lower than CNY 9,700,620.64 in the previous year[43]