康平科技(300907) - 2021 Q1 - 季度财报

Financial Performance - Revenue for Q1 2021 reached ¥294,407,834.82, a significant increase of 281.91% compared to ¥77,087,377.51 in the same period last year[7] - Net profit attributable to shareholders was ¥11,721,945.37, marking a 647.40% increase from a loss of ¥2,141,391.60 in the previous year[7] - Basic earnings per share improved to ¥0.1221, up 511.11% from a loss of ¥0.0297 per share in the same period last year[7] - The company achieved operating revenue of 294,407,834.82, a significant increase of 281.91% compared to the same period last year, primarily due to the elimination of COVID-19 impacts and increased sales scale[16] - Net profit attributable to shareholders reached 1,172.19, reflecting a growth of 647.40% year-on-year, driven by the resumption of full production and sales expansion[17] - Operating profit for the quarter was CNY 11,411,877.49, compared to a loss of CNY 1,461,973.34 in the previous year, indicating a turnaround in profitability[41] - Net profit for the first quarter reached CNY 11,722,004.84, a substantial improvement from a net loss of CNY 2,140,100.46 in the same quarter last year[41] - The company reported a total comprehensive income of CNY 10,093,997.61, compared to a loss of CNY 4,827,962.25 in the same period last year[42] Cash Flow - The net cash flow from operating activities was negative at -¥40,039,599.45, a decline of 1,367.96% compared to -¥2,727,574.08 in the same period last year[7] - Cash flow from operating activities showed a negative change of -40,039,599.45, a decline of 1367.96%, mainly due to increased cash outflows for payments and wages[16] - Operating cash inflow for the current period reached ¥262,873,620.74, a significant increase from ¥142,813,836.86 in the previous period, representing an 84% growth[48] - The net cash flow from operating activities was negative at -¥40,039,599.45, compared to -¥2,727,574.08 in the previous period, indicating a worsening cash flow situation[48] - The company experienced a net cash outflow of ¥254,575,547.38 in the current period, compared to a net increase of ¥4,634,966.54 in the previous period, indicating a significant cash drain[52] - The cash flow from operating activities was negatively impacted by increased payments to employees, which rose to ¥43,660,890.95 from ¥24,966,423.48, a 75% increase[48] Assets and Liabilities - The company's total assets increased by 7.65% to ¥1,228,033,858.23 from ¥1,140,783,444.66 at the end of the previous year[7] - The company reported total assets amounted to CNY 823,384,816.59, with current assets at CNY 624,565,800.43[57] - Total liabilities reached CNY 391,233,198.68, a decrease from CNY 417,224,246.58[55] - Current liabilities totaled CNY 441,874,158.02, compared to CNY 386,398,527.81 in the previous period, indicating a rise of approximately 14.3%[33] - Non-current liabilities increased to CNY 26,691,348.38 from CNY 4,834,670.87, reflecting a substantial growth[33] - The company's total equity reached CNY 759,468,351.83, compared to CNY 749,550,245.98 in the previous period, showing a growth of about 1.2%[34] - The company has a short-term loan of CNY 9,010,875.00[57] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,937[11] - Jiang Jianping, the actual controller, holds significant influence over major shareholders, including Jiangsu Kangping Investment Co., Ltd. with a 41.81% stake[11] Research and Development - Research and development expenses increased by 34.93% to 8,351,350.97, indicating a commitment to enhancing R&D efforts[16] - Research and development expenses amounted to CNY 8,351,350.97, up from CNY 6,189,256.08, reflecting a year-over-year increase of approximately 35%[41] Investment Activities - The company reported a significant increase in short-term borrowings, rising by 302.82% to 36,298,013.63, attributed to new bank loans[16] - The company plans to adjust the use of part of the raised funds, reallocating 11,628 to its wholly-owned subsidiary in Vietnam for new projects[18] - The company has approved the temporary use of up to 100 million of idle raised funds to supplement working capital, ensuring ongoing project investments[19] - The company’s cash flow from investing activities decreased by 1581.49% to -244,570,381.18, primarily due to increased investments in structured deposits[16] - Total cash outflow from investing activities was ¥244,570,381.18, up from ¥14,549,840.33 in the previous period, reflecting increased investment expenditures[48] Compliance and Governance - The company has not experienced any significant changes in project feasibility during the reporting period[22] - There were no violations regarding external guarantees during the reporting period[24] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[25] - The company has adjusted its financial statements to comply with new leasing standards, impacting the balance sheet and asset valuations[53] - The company has not undergone an audit for the first quarter report[58] - The company has not made any adjustments to prior comparative data under the new leasing standards[58]