唐源电气(300789) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥49,750,209.99, representing a 77.48% increase compared to ¥28,030,774.75 in the same period last year[8] - Net profit attributable to shareholders was ¥6,131,676.77, a 4.74% increase from ¥5,854,217.66 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥4,627,046.86, up 47.38% from ¥3,139,592.28 in the previous year[8] - The basic earnings per share remained unchanged at ¥0.13 compared to the same period last year[8] - The company's operating revenue for Q1 2021 reached RMB 49.75 million, a 77.48% increase compared to RMB 28.03 million in Q1 2020, primarily due to the impact of the pandemic in the previous year[22] - The net profit attributable to shareholders of the listed company was RMB 6.13 million, a 4.74% increase from RMB 5.85 million in the same period last year[25] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 4.63 million, up 47.38% from RMB 3.14 million in Q1 2020[23] - The total comprehensive income for the first quarter was CNY 6,121,301.48, compared to CNY 5,854,217.66 in the previous year, showing a year-over-year increase[53] Cash Flow and Liquidity - The net cash flow from operating activities was -¥24,056,401.23, a decline of 282.80% compared to ¥13,159,719.51 in the same period last year[8] - Cash inflows from operating activities totaled CNY 64,094,018.06, down from CNY 88,169,872.58 in the previous period[57] - The company experienced a decrease in cash received from sales of goods and services, totaling CNY 62,241,951.36 compared to CNY 84,428,852.65 previously[57] - The total cash outflow from operating activities was ¥88,150,419.29, compared to ¥75,010,153.07 in the previous period, showing increased operational expenses[59] - The company’s cash and cash equivalents decreased by ¥69,451,721.18 during the period, compared to a decrease of ¥19,405,624.21 in the previous period, showing a significant cash drain[60] Assets and Liabilities - Total assets at the end of the reporting period were ¥929,723,335.18, an increase of 1.13% from ¥919,379,612.30 at the end of the previous year[8] - The company's total assets increased by 61.54% to RMB 210 million due to the purchase of financial products during the reporting period[20] - The total liabilities increased to CNY 176,501,388.17 from CNY 173,201,192.91, showing a growth in financial obligations[48] - The total equity attributable to shareholders rose to CNY 754,201,328.70 from CNY 747,633,884.99, indicating a positive trend in shareholder value[48] Research and Development - Research and development expenses increased by 44.30% to RMB 11.51 million, reflecting the company's commitment to enhancing market competitiveness and innovation capabilities[22] - Research and development expenses reached CNY 11,514,272.87, up from CNY 7,979,530.06, reflecting a 44% increase year-over-year[51] - Research and development expenses increased to CNY 10,505,681.61, up from CNY 7,979,530.06, indicating a focus on innovation and product development[54] Shareholder Information - Net assets attributable to shareholders were ¥752,142,668.83, reflecting a 0.84% increase from ¥745,858,939.49 at the end of the previous year[8] - The total number of ordinary shareholders at the end of the reporting period was 6,966[12] - The company has not reported any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[30] Government Support and Investments - The company received government subsidies amounting to ¥1,350,000.00 during the reporting period[9] - The total amount of raised funds is CNY 35,005.83 million, with CNY 1,255.84 million invested in the current quarter[32] - Cumulative investment of raised funds amounts to CNY 20,252.45 million, representing 57.8% of the total raised funds[32] Operational Challenges - Cash flow from operating activities showed a significant decline, with a net outflow of RMB 24.06 million compared to an inflow of RMB 13.16 million in the same period last year, mainly due to increased tax payments[24] - The company reported a decrease in financial expenses, with a net financial cost of CNY -462,252.98 compared to CNY -1,008,371.48 previously[54] - The company has not disclosed any new product or technology developments in the current report[30] - There are ongoing legal proceedings mentioned in previous announcements, with no court hearings held as of the first quarter report approval date[28] - There are no significant adverse risk factors affecting the company's future operations reported in the current period[28]