锦浪科技(300763) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 reached ¥616,714,827.30, representing a 119.04% increase compared to ¥281,552,231.26 in the same period last year[3] - Net profit attributable to shareholders was ¥106,064,279.73, an increase of 81.29% from ¥58,504,111.99 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥93,256,027.22, up 56.72% from ¥59,503,983.26 in the previous year[3] - The basic earnings per share increased to ¥0.72, a rise of 67.44% compared to ¥0.43 in the same period last year[3] - The company achieved operating revenue of CNY 616.71 million in Q1 2021, a 119.04% increase compared to the same period last year[12] - Net profit for the quarter was CNY 106.06 million, representing an 81.29% year-over-year growth[10] - Total operating revenue for Q1 2021 reached CNY 616,714,827.30, a significant increase of 119.4% compared to CNY 281,552,231.26 in the same period last year[36] - Net profit for Q1 2021 was CNY 106,064,279.73, representing a 81.2% increase from CNY 58,504,111.99 in Q1 2020[38] - The company reported a total comprehensive income of CNY 106,501,240.75 for Q1 2021, compared to CNY 58,229,743.75 in Q1 2020, reflecting an increase of 82.8%[39] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,531,479,658.47, reflecting a 19.04% increase from ¥2,966,596,805.66 at the end of the previous year[3] - Total assets as of March 31, 2021, were CNY 3,531.48 million, up 19.04% from the end of the previous year[12] - Total liabilities amounted to CNY 1,589,825,680.08, compared to CNY 1,137,770,366.43, which is an increase of approximately 39.7%[32] - The total liabilities increased to CNY 1,073,401,337.07 in Q1 2021 from CNY 870,725,601.55 in Q1 2020, marking a rise of 23.3%[36] - The company's equity attributable to shareholders increased to CNY 1,941,653,978.39 from CNY 1,828,826,439.23, showing a growth of about 6.1%[33] Cash Flow - The net cash flow from operating activities was ¥25,664,055.73, down 52.04% from ¥53,508,217.57 in the same period last year[3] - Cash flow from operating activities totaled CNY 25,664,055.73, a decrease of 52.0% compared to CNY 53,508,217.57 in the previous year[44] - Cash inflow from sales of goods and services was CNY 437,942,832.28, compared to CNY 283,582,666.16 in the previous year, marking a growth of 54.6%[43] - The total operating cash outflow was CNY 461,203,103.03, compared to CNY 246,940,940.08 in the previous year, reflecting increased operational costs[44] - The cash and cash equivalents decreased to CNY 932,191,351.81 from CNY 990,562,962.58, a decline of about 5.9%[30] Investments and R&D - Research and development expenses rose by 120.38% to CNY 25.70 million, reflecting the company's commitment to enhancing R&D capabilities[10] - The company has invested 21,521.65 million CNY in the new project for an annual production of 120,000 distributed string inverters, achieving 82.44% of the expected progress by June 30, 2021[24] - The R&D center construction project has seen an investment of 5,228.04 million CNY, with 104.04% of the expected progress achieved[24] - Research and development expenses for Q1 2021 were CNY 25,699,484.52, which is a 120.5% increase from CNY 11,661,268.17 in Q1 2020[37] Risks and Challenges - The company faces risks from macroeconomic changes, including global economic slowdown and trade tensions, which may impact operational performance[14] - The company is exposed to policy risks related to government subsidies and support for the photovoltaic industry, which could affect profitability[15] - The company has acknowledged the risk of exchange rate fluctuations affecting financial results due to its reliance on USD and EUR for import and export transactions[16] - The ongoing impact of the COVID-19 pandemic remains a concern for the company's operational performance and market recovery[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,138[6] - The company has no reported violations regarding external guarantees during the reporting period[28] - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[28]