锐新科技(300828) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 105,980,792.51, representing a 63.47% increase compared to CNY 64,832,195.48 in the same period last year[8] - Net profit attributable to shareholders was CNY 13,566,858.96, up 26.58% from CNY 10,718,352.71 year-on-year[8] - The net profit after deducting non-recurring gains and losses was CNY 13,190,009.49, a 48.98% increase from CNY 8,853,536.12 in the previous year[8] - The company's operating revenue for Q1 2021 was CNY 105,980,792.51, representing a 63.47% increase compared to CNY 64,832,195.48 in Q1 2020[16] - The net profit attributable to shareholders for Q1 2021 was CNY 13,566,858.96, a 26.58% increase from CNY 10,703,000.00 in Q1 2020[19] - The total profit for the first quarter was CNY 16,219,494.12, compared to CNY 12,426,817.74 in the previous year, marking an increase of about 30.5%[44] - The total comprehensive income for the first quarter was CNY 13,566,858.96, compared to CNY 10,718,352.71 in the previous year, reflecting a growth of approximately 26.5%[45] Cash Flow - The net cash flow from operating activities decreased by 34.04%, amounting to CNY 14,147,155.05 compared to CNY 21,447,510.34 in the same period last year[8] - The company's cash received from sales of goods and services was CNY 113,243,163.00, a 52.28% increase from CNY 74,366,629.30 in the previous period[17] - Operating cash inflow for Q1 2021 was CNY 114,413,517.24, up from CNY 77,470,922.94 in Q1 2020, representing an increase of approximately 47.6%[52] - Total cash inflow from operating activities was CNY 100,158,215.02, up from CNY 73,083,832.24, reflecting an increase of about 37.0%[54] - Total cash outflow from operating activities was CNY 84,356,643.32, compared to CNY 54,570,645.38, an increase of approximately 54.6%[54] - Cash inflow from investment activities totaled CNY 99,268,375.38, compared to CNY 42,523,175.19 in Q1 2020, marking an increase of approximately 133.3%[52] - Cash outflow from investment activities was CNY 104,061,039.81, up from CNY 51,135,054.56, indicating an increase of about 103.5%[52] - Net cash flow from investment activities was negative at CNY -4,792,664.43, an improvement from CNY -8,611,879.37 in the previous year[52] Assets and Liabilities - Total assets at the end of the reporting period were CNY 790,571,455.03, a slight increase of 0.98% from CNY 782,865,175.37 at the end of the previous year[8] - The total amount of cash received from investment recoveries was CNY 99,033,819.50, a 133.30% increase from CNY 42,450,000.00 in the previous period[17] - The company's total liabilities decreased to CNY 43,812,461.51 from CNY 49,673,040.81, reflecting a decline of approximately 11.5%[36] - The company's current liabilities totaled CNY 37,935,513.78, down from CNY 43,557,269.27, a decrease of about 13%[36] - The total equity attributable to shareholders rose to CNY 746,758,993.52 from CNY 733,192,134.56, an increase of approximately 1.9%[37] Research and Development - Research and development expenses increased by 136.43% to CNY 6,362,466.02 in Q1 2021, up from CNY 2,691,056.39 in Q1 2020, due to increased investment in subsidiary R&D projects[16] - The company plans to enhance its R&D capabilities and expand its customer base to mitigate risks associated with customer concentration[20] - The company aims to enhance deep processing technology and product quality control to improve product competitiveness and profitability[22] Customer Base and Market Position - The company's top five customers accounted for 47.22% of total sales in Q1 2021, down from 48.90% in Q1 2020, indicating a slight diversification in customer base[19] - The company has signed aluminum price adjustment mechanisms with major suppliers and customers to mitigate the impact of aluminum price fluctuations[21] Miscellaneous - The company is actively monitoring and responding to COVID-19 pandemic risks to ensure orderly production and operations[22] - The company did not undergo an audit for the Q1 2021 report, indicating that the financial results are unaudited[58]