力合科技(300800) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥170,797,859.71, representing a 21.01% increase compared to ¥141,137,760.85 in the same period last year[8]. - Net profit attributable to shareholders was ¥56,976,569.87, up 20.55% from ¥47,263,938.22 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥49,671,989.07, reflecting a 5.49% increase from ¥47,087,385.35 in the previous year[8]. - The basic earnings per share increased by 20.00% to ¥0.36 from ¥0.30 in the same period last year[8]. - The company achieved operating revenue of 170.80 million yuan, an increase of 21.01% compared to the same period last year[18]. - The net profit attributable to shareholders was 56.98 million yuan, reflecting a growth of 20.55% year-on-year[18]. - Operating profit for the current period was ¥63,612,486.37, compared to ¥55,905,007.58 in the previous period, reflecting a growth of approximately 12.3%[47]. - Net profit for the current period was ¥55,462,821.21, up from ¥46,353,539.09 in the previous period, indicating an increase of about 19.5%[48]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,188,218,157.41, a decrease of 5.77% from ¥2,322,309,962.23 at the end of the previous year[8]. - The total amount of raised funds is RMB 928 million, with RMB 1.22 million invested in the current quarter, and a cumulative investment of RMB 545.53 million[25]. - The total current assets decreased from RMB 2,094.67 million on December 31, 2020, to RMB 1,944.16 million as of March 31, 2021, representing a decline of approximately 7.2%[33]. - Total liabilities decreased from RMB 440.94 million to RMB 340.85 million, reflecting a decline of about 22.7%[35]. - The total assets decreased from RMB 2,322.31 million at the end of 2020 to RMB 2,188.22 million, a reduction of approximately 5.8%[34]. - The total liabilities increased from 440,944,534.44 CNY to 450,152,293.97 CNY, showing a rise of about 2.5%[59]. - The total assets increased from 2,322,309,962.23 CNY to 2,331,517,721.76 CNY, reflecting a growth of approximately 0.4%[59]. Cash Flow - The net cash flow from operating activities was negative at -¥73,123,109.33, worsening by 14.17% compared to -¥64,046,141.38 in the same period last year[8]. - Cash inflow from investment activities was ¥945,463,627.99, significantly higher than ¥50,470,555.56 in the previous period[51]. - The company reported a net cash outflow from operating activities of ¥73,123,109.33, worsening from a net outflow of ¥64,046,141.38 in the previous period[51]. - The net cash flow from financing activities was negative at ¥101,056,520.00, compared to a negative cash flow of ¥1,123,600.00 in the previous period[52]. - The ending balance of cash and cash equivalents was ¥345,751,212.33, a decrease from ¥273,835,987.70 in the previous period[52]. - The total cash and cash equivalents at the end of the period were 330,824,450.56 CNY, down from 511,765,323.15 CNY at the beginning of the period, reflecting a decrease of approximately 35.3%[55]. Research and Development - Research and development expenses increased by 45.49% to 11.53 million yuan, indicating a continued commitment to innovation[17]. - The company reported a significant increase in research and development expenses to CNY 11,528,789.87 from CNY 7,923,931.24[42]. - Research and development expenses increased to ¥11,528,789.87 from ¥7,937,491.24 in the previous period, reflecting a growth of approximately 45%[46]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,025[12]. - The company repurchased a total of 3,120,000 shares, accounting for 1.95% of the total share capital, with a total transaction amount of approximately RMB 90.96 million[23]. - The company repurchased shares, resulting in a cash outflow of 101.06 million yuan in financing activities, a drastic increase of 8893.99% compared to the previous year[19]. Project Investments - The environmental monitoring system expansion project has a total investment of RMB 95.49 million, with 13.10% of the project completed by June 30, 2022[25]. - The operational service system construction project has a total investment of RMB 296.25 million, with 40.79% of the project completed by June 30, 2022[25]. - The research and development center construction project has a total investment of RMB 86.85 million, with 20.23% of the project completed by June 30, 2022[25]. - The company plans to extend the completion deadlines for several projects, including the environmental monitoring system expansion and the R&D center, to June 2022[26]. - The company has optimized the project progress planning to better align with market trends and reduce funding usage risks[26]. Risks and Challenges - The company faces risks from intensified market competition and potential changes in environmental policies, which could impact future revenue growth[20][21].