爱克股份(300889) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥139,891,756.34, a decrease of 25.66% compared to ¥188,182,267.87 in the same period last year[9] - The net profit attributable to shareholders was a loss of ¥5,406,277.54, representing a decline of 122.98% from a profit of ¥23,528,850.39 in the previous year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥14,320,418.06, down 172.66% from ¥19,708,292.13 in the same period last year[9] - The basic and diluted earnings per share were both negative at ¥-0.0347, a decline of 117.26% from ¥0.2011 in the same period last year[9] - The company's gross profit margin for Q1 2021 was approximately -9.2%, compared to a positive margin in the previous year[46] - Net profit for Q1 2021 was a loss of CNY 5,043,669.05, compared to a profit of CNY 23,430,670.93 in Q1 2020, representing a significant decline[47] Cash Flow - The net cash flow from operating activities was negative at ¥125,566,413.56, a decrease of 40.32% compared to a negative cash flow of ¥90,462,111.48 in the previous year[9] - The net cash flow from operating activities for Q1 2021 was -¥126,934,131.89, a decline of 40.32% compared to the previous year[19] - Cash inflow from operating activities was CNY 187,703,186.10, an increase from CNY 125,679,620.72 year-over-year[55] - The net cash flow from operating activities was CNY -125,566,413.56, worsening from CNY -90,462,111.48 in the previous period[55] - The company reported a cash outflow from financing activities of CNY 6,963,675.42, with a net cash flow of CNY -6,299,094.52[56] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,199,737,032.69, an increase of 1.00% from ¥2,177,924,744.47 at the end of the previous year[9] - The total current assets decreased to CNY 1,965,492,244.26 from CNY 2,049,528,135.74, reflecting a decline of approximately 4.1%[37][40] - The total liabilities of the company increased to CNY 663,937,266.13 from CNY 637,081,319.56, representing an increase of about 4.2%[39][40] - The company's total equity decreased slightly to CNY 1,535,799,766.56 from CNY 1,540,843,424.91, a decline of approximately 0.3%[40] - The total liabilities as of Q1 2021 were CNY 649,168,307.33, an increase from CNY 624,580,339.67 in the previous year[46] Inventory and Receivables - Accounts receivable increased by 49.99% to ¥11,147,453.72, attributed to increased customer payments[18] - Inventory rose by 38.73% to ¥129,194,371.56, driven by increased orders to meet customer delivery timelines[18] - The accounts payable decreased to CNY 242,306,682.70 from CNY 329,292,618.11, reflecting a decline of about 26.4%[39][40] Research and Development - Research and development expenses increased by 72.51% to ¥15,084,596.35, reflecting a rise in R&D personnel[19] - Research and development expenses increased to CNY 15,084,596.35, up 72.5% from CNY 8,744,284.03 in the previous year[46] Customer Concentration - The company’s five largest customers accounted for 36.56% of total sales in Q1 2021, up from 22.01% in Q1 2020[22] Future Outlook and Risks - The company anticipates positive growth in performance in the second quarter as landscape lighting projects resume[20] - The company faces risks from macroeconomic conditions, policy changes, and raw material price fluctuations that could impact its business operations[24][25] Shareholder Information - The total number of shareholders at the end of the reporting period was 22,349[13] Fund Utilization - The total amount of raised funds is RMB 98,236.87 million, with no changes in the use of raised funds during the reporting period[29] - Cumulative raised funds used amount to RMB 22,963.52 million, representing 0.00% of the total raised funds[29] - The company has allocated RMB 50,558.76 million for LED landscape lighting and smart controllers, with a progress of 10.08% as of December 2021[30] - The company has invested RMB 30,000 million in working capital, achieving a progress of 42.22%[30] - The company has utilized RMB 4,000 million of the excess raised funds to supplement working capital, accounting for 29.06% of the total excess funds[31] Compliance and Governance - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[27] - The company has no violations regarding external guarantees during the reporting period[32] - The company did not report any non-operational fund occupation by controlling shareholders during the reporting period[33]