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山科智能(300897) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥68,096,792.21, representing a 37.60% increase compared to ¥49,487,269.54 in the same period last year[7] - Net profit attributable to shareholders was ¥8,647,424.95, up 34.30% from ¥6,438,875.06 year-over-year[7] - The net profit after deducting non-recurring gains and losses was ¥7,105,206.75, a 12.27% increase from ¥6,328,838.87 in the previous year[7] - Total operating revenue for the current period reached ¥68,096,792.21, a significant increase of 37.5% compared to ¥49,487,269.54 in the previous period[50] - Net profit for the current period was ¥8,647,424.95, representing a 34.4% increase from ¥6,438,875.06 in the previous period[52] - Operating profit increased to ¥10,182,824.94, up 30.6% from ¥7,793,747.01 in the last period[52] - Total comprehensive income for the current period was ¥8,647,424.95, an increase of 34.4% from ¥6,438,875.06 in the prior period[53] Assets and Liabilities - The company's total assets decreased by 5.61% to ¥973,628,141.12 from ¥1,031,533,557.27 at the end of the previous year[7] - The total current assets decreased to 770.20 million yuan from 868.87 million yuan at the end of 2020[43] - The total liabilities decreased from CNY 185,788,143.53 to CNY 104,075,805.02, a reduction of approximately 44%[48] - Current liabilities decreased significantly from CNY 183,827,693.54 to CNY 117,274,852.44, a reduction of about 36.2%[45] - The company's total equity increased from CNY 847,705,863.73 to CNY 856,353,288.68, showing a growth of approximately 1.5%[46] Cash Flow - The net cash flow from operating activities was negative at -¥53,611,726.53, a decline of 6.93% from -¥50,135,329.45 in the same period last year[7] - Operating cash inflow for the current period was CNY 84,445,851.39, up from CNY 39,374,046.69 in the previous period, representing a growth of approximately 114.5%[60] - Cash outflow from operating activities totaled CNY 138,057,577.92, compared to CNY 89,509,376.14 in the prior period, indicating an increase of about 54.2%[60] - Cash inflow from investment activities was CNY 256,081,534.25, with no inflows in the prior period[60] - Total cash outflow from investment activities reached CNY 407,663,439.82, significantly higher than CNY 4,617,595.20 in the previous period[60] - The ending cash and cash equivalents balance was CNY 78,583,286.37, a decrease from CNY 17,366,402.23 in the previous period[61] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,051[11] - The top 10 shareholders hold a total of 51,000,000 shares, with the largest shareholder, Qian Bingjiong, owning 10,053,230 shares, accounting for 14.78% of the total[12] - The second-largest shareholder, Cen Tengyun, holds 7,737,429 shares, representing 11.38% of the total[12] - The company maintains a stable shareholder structure with no significant changes in ownership percentages reported[12] Investment and R&D - Research and development expenses rose by 79.89% to CNY 7,333,802.53, indicating a focus on enhancing innovation capabilities[20] - The company plans to expand its production capacity by 1.3 million smart sensors through its fundraising projects, which are currently under implementation[26] - The company is increasing R&D investment and optimizing the raw material supply chain to mitigate risks associated with raw material price fluctuations[29] Risks and Challenges - The company is actively addressing risks related to technology and talent shortages in the competitive smart metering industry[25] - The company has a significant amount of accounts receivable, with approximately 90% being within one year, indicating good overall quality but increasing management pressure and risk of bad debts[27] - The average procurement price of key raw materials is relatively stable, but any significant price increases could lead to a decline in gross margin[28] - The inventory mainly consists of raw materials and goods in transit, with potential risks if goods are not installed and accepted in a timely manner[30] Fundraising and Utilization - The total amount of raised funds is ¥50,870.76 million, with ¥866.78 million invested in the current quarter[33] - Cumulative investment from raised funds amounts to ¥16,362.76 million, with a utilization rate of 33.00% for the annual production of 2 million smart sensors project[33] - The company reported a net fundraising amount of 508.71 million yuan from its initial public offering, with an oversubscription amount of 202.71 million yuan[34]