上能电气(300827) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥159,997,895.76, representing a 51.54% increase compared to ¥105,584,425.13 in the same period last year[10] - The net profit attributable to shareholders for Q1 2021 was ¥15,567,666.36, a decrease of 17.33% from ¥18,830,660.74 in the previous year[10] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,973,162.05, which is a 40.07% increase from ¥7,834,023.64 year-on-year[10] - The basic earnings per share for Q1 2021 were ¥0.21, a decrease of 38.24% from ¥0.34 in the same period last year[10] - The diluted earnings per share were also ¥0.21, reflecting the same percentage decrease of 38.24% compared to the previous year[10] - The weighted average return on equity was 1.83%, down 2.64% from 4.47% in the previous year[10] - Total operating revenue for the current period reached ¥159,997,895.76, a significant increase of 51.4% compared to ¥105,584,425.13 in the previous period[66] - Total operating costs amounted to ¥151,290,030.11, up from ¥102,311,847.23, reflecting a rise of 47.9%[69] - Net profit for the current period was ¥15,567,666.36, down 17.5% from ¥18,830,660.74 in the previous period[72] - The total operating profit for the current period is 5,352,747.66, compared to 11,424,894.94 in the previous period, reflecting a decrease of approximately 53%[79] - The net profit for the current period is 5,100,815.68, down from 10,843,669.98 in the previous period, indicating a decline of about 53%[79] - The total comprehensive income for the current period is 5,100,815.68, compared to 10,843,669.98 in the previous period, showing a decrease of approximately 53%[82] Cash Flow - The net cash flow from operating activities was -¥204,509,081.55, a decline of 21.06% compared to -¥168,925,740.62 in the same period last year[10] - Cash inflows from operating activities totaled 174,198,465.24, down from 284,162,167.67 in the previous period, representing a decline of about 39%[87] - Cash outflows from operating activities amounted to 378,707,546.79, compared to 453,087,908.29 in the previous period, indicating a decrease of approximately 16%[87] - The net cash flow from operating activities is -204,509,081.55, worsening from -168,925,740.62 in the previous period[87] - Cash inflows from investment activities reached 578,371,706.37, while cash outflows were 533,967,508.00, resulting in a net cash flow of 44,404,198.37[87] - Cash inflows from financing activities were 25,000,000.00, down from 130,800,000.00 in the previous period, reflecting a decrease of approximately 81%[89] - The ending cash and cash equivalents balance is 346,371,702.64, compared to 172,468,465.84 in the previous period, showing an increase of about 101%[89] - The company reported a significant increase in cash flow from investment activities, with a net inflow of 44,404,198.37 compared to a net outflow of -1,116,255.00 in the previous period[87] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,101,702,393.70, down 6.47% from ¥2,247,159,105.99 at the end of the previous year[10] - The net assets attributable to shareholders at the end of the reporting period were ¥860,372,170.05, an increase of 1.84% from ¥844,855,993.43 at the end of the previous year[10] - The company's total liabilities decreased from ¥1,402,303,112.56 to ¥1,241,330,223.65, a decrease of approximately 11.5%[54] - Current liabilities decreased from ¥1,381,490,396.32 to ¥1,221,395,752.42, a reduction of about 11.6%[54] - Accounts payable decreased significantly from ¥497,093,516.81 to ¥330,046,969.22, a drop of approximately 33.5%[54] - The company's cash and cash equivalents decreased from ¥606,966,722.76 to ¥438,010,401.39, a decline of approximately 27.8%[58] - The company's contract liabilities increased from ¥3,499,419.06 to ¥5,735,823.60, an increase of about 63.9%[54] - The total amount of raised funds is CNY 356.10 million, with no changes in usage reported[36] Research and Development - The company's research and development expenses rose by 50.24% to ¥14.12 million, reflecting the company's continued investment in R&D[28] - Research and development expenses increased to ¥14,121,737.00, compared to ¥9,399,742.44, marking a rise of 50.0%[69] - The R&D center construction project has an investment of CNY 7.21 million, with a progress rate of 34.40%[36] Investments - The company has invested CNY 11.20 million in high-efficiency intelligent inverters, with a progress rate of 22.06%[36] - The investment in energy storage bidirectional converters and systems integration amounts to CNY 8.44 million, with a progress rate of 7.77%[36] - CNY 58.85 million has been invested in working capital, achieving a 100% completion rate[36] - The company has completed the investment in the working capital project, with a remaining balance of CNY 1.12 million from interest[38] Market Outlook - The company anticipates significant growth in the photovoltaic market, with annual new installations expected to reach between 70-90 GW during the 14th Five-Year Plan period[28] - The company plans to establish new offices in the UAE, Spain, and India as part of its marketing network expansion[38] Other Income and Expenses - The company received government subsidies amounting to ¥3,450,857.53 during the reporting period[10] - The company reported a decrease in tax expenses to ¥445,621.90 from ¥588,978.64, a decline of 24.3%[72] - Other income for the current period was ¥3,450,857.53, down from ¥13,610,551.49, a decrease of 74.7%[69]