宏达电子(300726) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥379,437,900.30, representing a 162.29% increase compared to ¥144,665,905.22 in the same period last year[9] - Net profit attributable to shareholders for Q1 2021 reached ¥170,924,995.02, a significant increase of 314.80% from ¥41,206,824.82 in the previous year[9] - The net profit after deducting non-recurring gains and losses was ¥150,684,827.55, up 272.18% from ¥40,487,497.97 year-on-year[9] - Basic earnings per share for Q1 2021 were ¥0.4272, an increase of 314.76% compared to ¥0.1030 in the previous year[9] - The total profit for Q1 2021 was 20,973.14 million yuan, reflecting a growth of 350.02% year-over-year[28] - The company reported a total profit of CNY 209,731,384.93 for the current period, compared to CNY 46,604,583.55 in the previous period, an increase of about 348.5%[66] - The company’s total comprehensive income for the current period was CNY 183,658,253.70, compared to CNY 38,635,515.43 in the previous period, reflecting a growth of approximately 376.5%[69] Cash Flow - The net cash flow from operating activities was ¥43,642,633.23, a turnaround from a negative cash flow of ¥17,524,302.35 in the same quarter last year, marking a 349.04% improvement[9] - Cash received from sales and services reached ¥305,313,345.46, up 127.33% from the previous period, driven by increased collections from commercial bills and sales[23] - Cash flow from operating activities is 43,642,633.23, a turnaround from a negative cash flow of -17,524,302.35 in the previous period[79] - The company reported a cash inflow from investment activities of 258,916,447.49, compared to 65,514,772.61 in the previous period[80] - The net cash flow from financing activities is -8,300,979.11, compared to -19,883.18 in the previous period[83] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,090,535,395.00, reflecting a 4.31% increase from ¥2,962,806,047.83 at the end of the previous year[9] - Current liabilities decreased to CNY 506,472,371.75 from CNY 564,106,278.28, a reduction of approximately 10.2%[48] - Total liabilities decreased to CNY 701,478,720.80 from CNY 758,492,627.33, reflecting a decline of about 7.5%[48] - Owner's equity increased to CNY 2,389,056,674.20 from CNY 2,204,313,420.50, showing an increase of approximately 8.4%[51] Government Subsidies - The company received government subsidies amounting to ¥21,196,171.00 during the reporting period, primarily related to business operations[9] - The company received government subsidies amounting to ¥30,973,413.30, marking a significant increase compared to the previous period[20] - The cash flow from other operating activities increased significantly by 890.84% to ¥43,961,729.89, primarily from government subsidies[23] Research and Development - Research and development expenses increased by 69.29% to ¥17,210,238.38, reflecting the company's commitment to enhancing its R&D efforts[20] - Research and development expenses for the current period totaled CNY 17,210,238.38, compared to CNY 10,166,333.28 in the previous period, representing a rise of approximately 69.3%[63] Shareholder Information - The company reported a total of 14,462 common shareholders at the end of the reporting period, with the top three shareholders holding a combined 72.98% of the shares[13] - The company reported a net profit attributable to minority shareholders of ¥12,733,258.68, a substantial increase of 595.21% due to improved net profits from subsidiaries[23] Production and Capacity Expansion - The company is expanding its production capacity with a new electronic component production base in Xiangxiang, expected to commence production in the second half of 2021[32] - The company has completed the renovation of production lines for its 5G electronic component production base, with production expected to start in Q2 2021[32] Inventory and Accounts Receivable - Accounts receivable increased to 791,631,234.59 yuan in Q1 2021 from 658,818,031.93 yuan at the end of 2020[42] - Inventory as of March 31, 2021, was 676,339,010.07 yuan, up from 573,185,803.67 yuan at the end of 2020[42] Other Financial Metrics - Operating costs rose to ¥112,948,172.66, reflecting a 140.16% increase, which is in line with the revenue growth[20] - The company experienced a 317.92% increase in tax payments, totaling ¥53,283,085.17, due to higher revenue and profit levels[23] - The company did not engage in external investments during the reporting period, resulting in a 100% decrease in investment payments[23] Audit and Reporting - The first quarter report was not audited, indicating that the figures presented are preliminary and subject to change[90]