科创新源(300731) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥143,320,982.24, representing a 139.14% increase compared to ¥59,932,490.70 in the same period last year[7] - Net profit attributable to shareholders was ¥13,715,782.15, up 55.17% from ¥8,839,123.90 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥12,597,929.44, reflecting a 54.63% increase from ¥8,146,960.04 in the previous year[7] - The basic earnings per share increased to ¥0.11, a rise of 57.14% compared to ¥0.07 in the same period last year[7] - Net profit increased by 85.11% to ¥15,930,287.89, attributed to improved operational stability and revenue growth[18] - In Q1 2021, the company achieved total revenue of CNY 143,320,982.24, a year-on-year increase of 139.14%, and net profit attributable to shareholders of CNY 13,715,782.15, up 55.17% year-on-year[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥982,192,471.33, a slight increase of 0.30% from ¥979,274,694.87 at the end of the previous year[7] - The total equity of the company stood at CNY 684,269,466.72, reflecting a slight increase from CNY 665,080,307.38 at the end of 2020[56] - The company's total assets as of March 31, 2021, amounted to CNY 982,192,471.33, a slight increase from CNY 979,274,694.87 at the end of 2020[54] - The total current liabilities decreased to CNY 197,745,205.75 from CNY 298,011,675.79, showing a reduction of approximately 33.6%[56] - Long-term borrowings skyrocketed by 6139.13% to ¥86,100,000.00, primarily for financing acquisitions and capital increases[15] Cash Flow - The net cash flow from operating activities was negative at -¥34,417,157.03, a significant decrease compared to a positive cash flow of ¥3,483,843.65 in the same period last year, marking a decline of 1,087.91%[7] - Cash flow from operating activities showed a significant decline of 1087.91%, resulting in a net outflow of ¥34,417,157.03 due to the consolidation of new subsidiaries[19] - The cash flow from operating activities showed a net outflow of CNY -34,417,157.03, compared to a net inflow of CNY 3,483,843.65 in the previous period[72] - Cash inflow from operating activities totaled 52,542,332.61 yuan, compared to 48,690,167.56 yuan in the prior period, reflecting a growth of approximately 3.5%[74] - The net cash flow from investment activities was -76,382,695.48 yuan, a significant decline from 8,862,136.06 yuan in the previous period[76] Shareholder Information - The company reported a total of 7,719 common shareholders at the end of the reporting period[11] - The top shareholder, Shenzhen Kexin Huake Technology Co., Ltd., held 20.02% of the shares, amounting to 25,200,000 shares[11] - Shareholder Zhongneng Investment pledged 3,860,000 shares, representing 3.07% of the total share capital, with a new pledge expiration date of April 21, 2021[29] - Shareholder Suzhou Tianli Investment released pledges on 9,950,000 shares (7.90% of total share capital) and 5,363,543 shares (4.26% of total share capital) in March 2021[30] Research and Development - Research and development expenses increased by 100.14% to ¥8,626,001.15, reflecting heightened investment in 5G technology and related products[17] - Research and development expenses for Q1 2021 were CNY 8,626,001.15, up from CNY 4,309,893.21, indicating a 100% increase year-over-year[63] - The "Research and Development Center Construction Project" is aimed at enhancing the company's R&D capabilities, although it does not directly generate profits[44] Market and Strategic Initiatives - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[16] - The company is expanding its production capacity in the new energy sector, with new production lines for liquid cooling plates for electric vehicles, expected to significantly contribute to capacity release and profit in the second half of 2021[21] - The company has made strategic investments in the semiconductor materials sector, acquiring a 3.3708% stake in Anhui Microchip Changjiang Semiconductor Materials Co., Ltd. for CNY 30 million[21] - The company is actively managing raw material price fluctuations to mitigate impacts on production costs and maintain profit margins[26] Risks and Challenges - The company faces risks from macroeconomic factors such as trade tensions and the ongoing pandemic, which may impact operations and market structure[24] - The company completed acquisitions of Guangdong Deruiyuan and Suzhou Ruitai, integrating them into the consolidated financial statements, which may pose integration and goodwill impairment risks[25] Financial Management - The company's financial expenses surged by 1769.57% to ¥2,185,223.42, mainly due to interest from new long-term borrowings[17] - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[47] - There were no violations regarding external guarantees during the reporting period[46] Future Plans - The company has disclosed plans for future share reduction by major shareholders[39] - The company has not implemented any share repurchase plans during the reporting period[39]