新强联(300850) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥561,544,544.37, representing a 287.60% increase compared to ¥144,878,452.17 in the same period last year[8]. - The net profit attributable to shareholders for Q1 2021 was ¥72,928,713.54, up 168.28% from ¥27,183,741.97 year-on-year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥99,582,054.46, an increase of 268.80% compared to ¥27,001,629.45 in the previous year[8]. - The basic earnings per share for Q1 2021 was ¥0.69, a 102.94% increase from ¥0.34 in the same period last year[8]. - The company achieved operating revenue of ¥561,544,544.37, a year-on-year increase of 287.60% driven by significant growth in wind power product sales[28]. - The net profit attributable to shareholders reached ¥72,928,713.54, up 168.28% compared to the same period last year[28]. - Total operating revenue for the first quarter reached ¥561,544,544.37, a significant increase from ¥144,878,452.17 in the previous period, representing a growth of approximately 287.5%[74]. - Net profit for the quarter was ¥72,928,713.54, compared to ¥27,183,741.97 in the same period last year, indicating an increase of about 168.5%[80]. - The total comprehensive income for the current period was ¥72,928,713.54, compared to ¥27,183,741.97 in the previous period, marking an increase of about 168%[83]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,473,286,218.56, reflecting a 4.08% increase from ¥3,337,036,423.64 at the end of the previous year[8]. - The total liabilities of the company were CNY 1,885,823,184.74, compared to CNY 1,823,616,929.57, reflecting an increase of about 3.4%[65]. - The company's total current assets reached CNY 2,383,778,756.08, slightly up from CNY 2,371,499,069.13, indicating a growth of about 0.5%[59]. - The company's equity attributable to shareholders reached CNY 1,587,463,033.82, up from CNY 1,513,419,494.07, indicating a growth of approximately 4.9%[68]. - The total amount of raised funds is 442.35 million yuan, with 8.86 million yuan invested in the current quarter, and a cumulative investment of 440.63 million yuan[41]. Cash Flow - The net cash flow from operating activities for Q1 2021 was -¥318,744,843.45, a decrease of 422.48% compared to ¥98,841,054.87 in the same period last year[8]. - The company’s cash flow from operating activities showed a net outflow of ¥318,744,843.45, a decline of 422.48% due to increased payments for materials and processing fees[27]. - The cash flow from operating activities showed a net outflow of ¥318,744,843.45, contrasting with a net inflow of ¥98,841,054.87 in the previous period[91]. - The total cash outflow for operating activities was 350,657,945.44, significantly higher than 56,029,306.03 in the previous period[101]. - The company's cash and cash equivalents decreased by 62.26% to ¥364,278,077.30, primarily due to the purchase of structured deposits and payments for materials and projects[24]. - Cash and cash equivalents at the end of the period stood at 94,723,020.34, down from 645,432,377.94 at the beginning of the period[101]. - The net increase in cash and cash equivalents was -550,709,357.60, compared to -38,870,172.94 in the previous period, showing a substantial decrease[101]. Research and Development - The company's R&D expenses increased by 137.17% to ¥21,547,437.81, reflecting a rise in investment in research and development[28]. - Research and development expenses for the quarter amounted to ¥21,547,437.81, compared to ¥9,085,368.06 in the previous year, showing an increase of about 137.1%[79]. - Research and development expenses increased to ¥13,594,906.64 from ¥4,960,784.95, reflecting a growth of approximately 174%[84]. Shareholder Information - The company reported a total of 12,880 common shareholders at the end of the reporting period[13]. - Major shareholders include Xiao Zhengqiang with 21.68% and Xiao Gaoqiang with 20.83% of the shares[13]. Risk Management - The company has a risk of bad debt losses due to high accounts receivable, which is characteristic of the wind power equipment manufacturing industry[36]. - The company will enhance its accounts receivable management and collection measures to mitigate risks and improve cash flow[36]. - The proportion of the top five suppliers' procurement amount to total procurement increased by 12.29% to 66.62%, indicating a concentration in supplier relationships[31]. - The top five customers accounted for 82.57% of total operating revenue, an increase of 10.25% from the previous year, reflecting a growing reliance on key customers[32]. Other Information - The company has not experienced any overdue commitments from major shareholders or related parties during the reporting period[40]. - There are no significant changes in the feasibility of investment projects or reasons for underperformance reported[44]. - The company has not engaged in any non-operating fund occupation by major shareholders or related parties during the reporting period[52]. - The company has not conducted any investor communications or interviews during the reporting period[55]. - The company has not reported any violations regarding external guarantees during the reporting period[51].