*ST越博(300742) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥102,957,038.81, representing a 121.52% increase compared to ¥46,476,556.18 in the same period last year[7]. - Net profit attributable to shareholders was ¥5,759,179.49, up 12.38% from ¥5,124,556.78 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥4,696,749.23, a significant recovery from a loss of ¥21,672,921.32 in the previous year, marking a 121.67% increase[7]. - The total operating revenue for Q1 2021 was CNY 102,957,038.81, a significant increase from CNY 46,476,556.18 in the previous period[46]. - The total operating costs for Q1 2021 amounted to CNY 102,913,639.57, compared to CNY 70,202,704.53 in the same period last year, reflecting a rise in costs[47]. - The net profit for Q1 2021 was CNY 2,846,895.12, down from CNY 5,124,556.78 in the previous year[48]. - The total comprehensive income for the period was CNY 20,265,071.36, compared to a loss of CNY 1,885,915.57 in the same quarter last year[53]. Cash Flow and Assets - The net cash flow from operating activities was -¥120,883,747.10, a decline of 12.99% compared to -¥106,988,598.84 in the same period last year[7]. - The company reported a 51.17% decrease in cash and cash equivalents due to payments made during the period[15]. - Cash and cash equivalents at the end of the period were CNY 18,451,566.86, down from CNY 48,292,263.91 at the end of the previous year[57]. - The company's cash flow from operating activities showed a positive trend, contributing to overall financial stability despite the decline in net profit[48]. - The cash inflow from financing activities totaled 155,667,668.00 CNY, compared to 245,384,000.00 CNY previously[60]. - The total cash and cash equivalents at the end of the period amounted to 1,811,656.94 CNY, down from 23,507,468.42 CNY previously[60]. Shareholder Information - The company reported a total of 12,683 common shareholders at the end of the reporting period[10]. - The largest shareholder, Li Zhanjiang, holds 28.36% of the shares, amounting to 22,260,154 shares, with 11,130,000 shares pledged[10]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[11]. Investments and R&D - The total amount of raised funds is CNY 42,113.35 million, with CNY 19,756.07 million already invested by the end of the reporting period[29]. - The investment in the new energy vehicle powertrain system production base is CNY 30,000 million, with 53.65% progress achieved by December 31, 2021[29]. - The investment in the new energy vehicle powertrain R&D center is CNY 12,113.35 million, with only 30.22% progress achieved by December 31, 2021[29]. - The company plans to strengthen R&D investment and innovation to maintain technological leadership and align with industry trends[25]. - The company emphasizes the importance of converting R&D investments into market-recognized technological advantages[26]. - The company continues to enhance cooperation with universities to accelerate the conversion of R&D results into products[26]. Risks and Management - The company faces risks from policy changes in the electric vehicle industry, which could impact future demand[18]. - The company plans to mitigate risks by improving internal management and enhancing product quality to adapt to regulatory changes[18]. - The company has established a comprehensive R&D monitoring system to manage risks associated with research projects[25]. - There are no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[27]. - The company reported no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[32][33]. Liabilities and Equity - Total assets at the end of the reporting period were ¥1,566,701,280.65, down 2.75% from ¥1,610,936,759.49 at the end of the previous year[7]. - The total amount of purchases from the top five suppliers was ¥79,152,385.01, accounting for 90.61% of annual sales[16]. - Total current liabilities decreased to RMB 1,050,451,995.58 from RMB 1,176,534,830.43, a reduction of about 10.7%[40]. - The company's total liabilities decreased to RMB 1,087,387,021.68 from RMB 1,215,409,213.84, showing a decline of approximately 10.5%[40]. - The company's equity attributable to shareholders increased to RMB 364,972,168.80 from RMB 358,150,843.01, a rise of about 1.5%[41]. Operational Status - The company has decided to postpone the expected operational status of its projects to December 31, 2021, due to various influencing factors[30]. - The company did not conduct any research, communication, or interview activities during the reporting period[34]. - The company did not apply the new leasing standards for the first quarter of 2021[61]. - The first quarter report was not audited[62].