德方纳米(300769) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 reached ¥509,742,664.43, representing a 224.07% increase compared to ¥157,296,412.79 in the same period last year[8] - Net profit attributable to shareholders was ¥50,687,154.05, a significant increase of 678.57% from ¥6,510,256.11 in the previous year[8] - The net profit after deducting non-recurring gains and losses was ¥33,786,699.62, showing a remarkable increase of 4,127.89% compared to ¥799,137.97 last year[8] - The basic earnings per share rose to ¥0.57, up 280.00% from ¥0.15 in the same period last year[8] - The company's operating revenue increased by 224.07% to approximately CNY 509.74 million compared to the previous period[23] - The company achieved operating revenue of 509.74 million yuan, a year-on-year increase of 224.07%[31] - The net profit attributable to shareholders was 50.69 million yuan, up 678.57% compared to the same period last year[31] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 33.79 million yuan, an increase of 4,127.89% year-on-year[31] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,151,252,124.82, an increase of 9.76% from ¥3,782,051,724.86 at the end of the previous year[8] - The company's total assets amounted to CNY 4,151,252,124.82, an increase from CNY 3,782,051,724.86 as of December 31, 2020, reflecting a growth of approximately 9.8%[72] - The total liabilities increased to ¥1,898,519,656.25 from ¥1,591,067,211.23, reflecting a growth of approximately 19.3%[81] - The company's total liabilities as of March 31, 2021, were CNY 2,069,360,220.90, compared to CNY 2,015,504,956.98 at the end of 2020, showing a slight increase of about 2.7%[72] - The total equity attributable to shareholders of the parent company rose to ¥2,167,451,161.41, up from ¥2,108,883,766.64, indicating an increase of about 1.6%[81] Cash Flow - The net cash flow from operating activities was negative at -¥331,209,781.01, a decrease of 2,026.48% from ¥17,192,460.03 last year[8] - Cash received from sales of goods and services was 257.88 million yuan, a decrease of 86.17% due to reduced bill discounting[30] - Cash paid for purchasing goods and services increased by 112.53% to 285.22 million yuan, primarily due to expanded production capacity[30] - Cash inflow from operating activities totaled 61,934,199.16, down from 219,049,792.86 in the previous period[112] - Cash outflow from operating activities reached 393,143,980.17, compared to 201,857,332.83 in the previous period[112] - Cash inflow from investment activities was 13,152,700.00, down from 229,400,315.30 in the previous period[112] - Cash outflow from investment activities totaled 623,822,091.64, compared to 264,151,315.96 in the previous period[112] - Net cash flow from investment activities was -610,669,391.64, worsening from -34,751,000.66 in the previous period[112] - Cash inflow from financing activities was 227,500,000.00, compared to 100,427,708.22 in the previous period[114] - Net cash flow from financing activities was 108,646,766.69, an increase from 42,154,365.80 in the previous period[114] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,181[12] - The largest shareholder, Jixuewen, held 17.41% of the shares, amounting to 15,606,324 shares[13] - The company plans to unlock 25% of executive locked shares annually based on their holdings[20] - The total number of restricted shares at the end of the period was 46,811,403 shares[20] - The company has a scheduled release of certain restricted shares on April 15, 2022[20] Research and Development - Research and development expenses surged by 110.88% to CNY 18.66 million, driven by increased material costs and salaries[23] - Research and development expenses for the current period amount to CNY 18,655,685.46, up from CNY 8,846,796.60 in the previous period, indicating a growth of approximately 110.3%[96] Investments and Projects - The company signed an investment agreement with CATL and the Jiang'an County government for a project with an annual production capacity of 80,000 tons of lithium iron phosphate, with a total investment of approximately RMB 1.8 billion[41] - The company entered into a joint venture agreement with EVE Energy to establish a company focused on producing high-quality lithium iron phosphate, with a planned total investment of RMB 2 billion and an annual capacity of 100,000 tons[46] - The company plans to invest in a production base for lithium iron phosphate with an annual capacity of 150,000 tons, which includes the previously mentioned joint venture project[47] - The company is selling its carbon nanotube conductive liquid business assets for RMB 24.4214 million to focus on its core business and improve operational efficiency[48] Risks and Challenges - The company faces risks related to raw material price increases, particularly for lithium carbonate and other chemical materials[38] - A safety incident at the company's subsidiary resulted in confirmed losses of RMB 7.8839 million, although production has since resumed[43] Miscellaneous - The company reported a cumulative net profit forecast that may indicate a loss or significant change compared to the same period last year[65] - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[66] - There were no violations regarding external guarantees during the reporting period[66] - The first quarter report was not audited[131]