胜蓝股份(300843) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥307,916,974.20, representing a 142.18% increase compared to ¥127,145,628.90 in the same period last year[8] - Net profit attributable to shareholders for Q1 2021 was ¥33,103,152.54, up 98.71% from ¥16,658,998.04 in the previous year[8] - The net profit after deducting non-recurring gains and losses was ¥32,347,777.52, a 94.86% increase from ¥16,600,315.59 year-on-year[8] - The basic earnings per share for Q1 2021 was ¥0.22, an increase of 46.67% compared to ¥0.15 in the same period last year[8] - Operating revenue rose to $307.92 million, a 142.18% increase compared to $127.15 million in the same period last year, driven by improved domestic pandemic control and increased market demand[16] - Net profit for the first quarter reached $34.74 million, up 104.91% from $16.96 million, reflecting better market conditions and increased demand[18] - Total profit for the period was $38.99 million, a 104.04% increase from $19.11 million, driven by improved sales performance[18] - The total comprehensive income for the current period was ¥34,766,251.40, compared to ¥17,200,349.19 in the previous period, marking an increase of around 102%[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,406,759,624.46, a 4.99% increase from ¥1,339,926,151.59 at the end of the previous year[8] - Total liabilities as of March 31, 2021, were CNY 486,486,653.45, up from CNY 446,353,434.75 at the end of 2020, indicating a rise of about 9%[43] - Total assets reached CNY 1,229,116,587.35, reflecting a decrease of CNY 22,126,039.45 from the prior period[67] - Total liabilities amounted to CNY 472,898,807.11, a decrease of CNY 25,633,869.87 compared to the previous period[65] Cash Flow - The net cash flow from operating activities was negative at -¥16,551,269.75, worsening by 59.65% compared to -¥10,367,526.71 in the same period last year[8] - Cash flow from operating activities decreased by 59.65% to CNY -16,551,269.75, primarily due to increased expenses and product procurement[21] - Cash inflow from financing activities was CNY 31.11 million, up from CNY 15.27 million year-on-year, marking a 103.5% increase[57] - The company reported a net increase in cash and cash equivalents of CNY -107.67 million, compared to CNY -23.02 million in the previous year[57] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,382[12] - The largest shareholder, Shenglan Investment Holdings Co., Ltd., held 60.58% of the shares, amounting to 90,200,000 shares[12] - The company has implemented a stock incentive plan to enhance employee motivation and align interests with shareholders[24] Research and Development - Research and development expenses increased by 86.95% to $12.27 million, indicating a strategic focus on enhancing product development[18] - The company reported a research and development expense of CNY 12,268,268.02 for Q1 2021, compared to CNY 6,562,405.41 in Q1 2020, indicating an increase of approximately 86.5%[46] Investment Activities - Cash flow from investing activities was CNY -97,164,672.37, a decline of 266.14%, mainly due to increased investments in financial products and fixed assets[21] - The electronic connector construction project has received CNY 8,513.3 million, achieving 52.18% of its planned investment[27] - Cumulative investment from raised funds reached CNY 13,513.34 million, representing 42.03% of the total raised[27] Customer and Supplier Dynamics - The company’s top five suppliers accounted for 17.50% of total purchases, down from 25.31% in the same period last year[21] - The top five customers contributed CNY 116,707,080.50 in sales, representing 37.90% of total sales, an increase from 31.51% year-on-year[22] - The company is focusing on expanding its customer base beyond the consumer electronics sector to reduce customer concentration risks[23] Financial Management - Cash and cash equivalents decreased to $230.62 million from $334.90 million, a decline of 31.12% due to increased use of loans for supplier payments and project investments[16] - Short-term borrowings rose to $20 million, a 100% increase, reflecting the company's need for additional financing[16] - The company has not undergone an audit for the first quarter report, which may affect the reliability of the financial data presented[68]