盛德鑫泰(300881) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 206,418,371.20, representing a 19.73% increase compared to CNY 172,408,206.84 in the same period last year[7]. - Net profit attributable to shareholders was CNY 11,704,439.68, up 3.81% from CNY 11,274,956.27 year-on-year[7]. - The total profit for the quarter was CNY 13,048,455.74, a decrease of 2.62% year-on-year, while the net profit attributable to shareholders was CNY 11,704,439.68, an increase of 3.81%[21]. - The company's total comprehensive income for the period was ¥11,704,439.68, compared to ¥11,274,956.27 in the previous year, marking an increase of 3.8%[44]. - The net profit for the first quarter was ¥10,701,837.85, slightly up from ¥10,676,555.38 year-on-year, reflecting a growth of 0.2%[47]. Cash Flow - The net cash flow from operating activities improved by 12.02%, reaching CNY -29,231,267.87 compared to CNY -33,224,920.99 in the same period last year[7]. - The cash flow from operating activities showed a net outflow of ¥29,231,267.87, an improvement from a net outflow of ¥33,224,920.99 in the same quarter last year[51]. - The net cash flow from operating activities was -33,111,611.89 yuan, slightly improved from -35,071,648.96 yuan in the previous period[24]. - Total cash inflow from operating activities decreased to 206,966,328.08 yuan from 249,988,266.94 yuan year-over-year[24]. - Cash outflow from operating activities was 240,077,939.97 yuan, down from 285,059,915.90 yuan in the previous period[24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,243,602,748.02, an increase of 7.88% from CNY 1,152,776,183.01 at the end of the previous year[7]. - The company's total assets as of March 31, 2021, were CNY 1,199,566,609.59, compared to CNY 1,102,464,664.61 at the end of 2020[39]. - The total liabilities as of March 31, 2021, were CNY 469,556,418.14, up from CNY 383,156,311.01[39]. - The company's equity attributable to shareholders reached CNY 730,010,191.45, compared to CNY 719,308,353.60 at the end of 2020[39]. - The company's total liabilities increased by 37.45% in accounts payable, reaching CNY 308,701,522.88, attributed to higher raw material purchases in Q1[16]. Investments and Expenses - Research and development expenses rose by 72.03% to CNY 7,317,808.72, reflecting the company's commitment to enhancing R&D efforts[17]. - Research and development expenses for Q1 2021 were CNY 7,317,808.72, an increase from CNY 4,253,729.19 in the previous year[42]. - Long-term equity investments reached CNY 23,750,000, marking a 100% increase as a result of increased external investments[16]. - The company reported a 383.91% increase in asset impairment losses, amounting to CNY 873,894.31, due to a reduction in the provision for inventory depreciation[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,679[10]. - Net assets attributable to shareholders increased by 1.59% to CNY 748,522,752.89 from CNY 736,818,313.21 at the end of the previous year[7]. Other Financial Metrics - Basic and diluted earnings per share decreased by 22.00% to CNY 0.117 from CNY 0.150 in the previous year[7]. - The weighted average return on net assets was 1.58%, down from 2.98% in the same period last year, a decrease of 1.40%[7]. - The company's cash and cash equivalents decreased from approximately ¥262.34 million at the end of 2020 to ¥201.42 million as of March 31, 2021[33]. - The company's fixed assets decreased slightly from approximately ¥64.46 million to ¥62.27 million during the same period[34].