南山智尚(300918) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥297,776,602.26, representing a 7.30% increase compared to ¥277,516,633.77 in the same period last year[9] - Net profit attributable to shareholders was ¥24,016,369.92, up 15.52% from ¥20,790,297.90 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥23,852,859.58, reflecting a 17.57% increase from ¥20,287,940.91 in the previous year[9] - Basic earnings per share decreased by 12.50% to ¥0.07 from ¥0.08 year-on-year[9] - The company achieved operating revenue of 297.78 million yuan, a year-on-year increase of 7.30%[18] - Net profit attributable to shareholders was 24.02 million yuan, reflecting a year-on-year growth of 15.52%[18] - The company reported a net profit increase, with retained earnings rising to CNY 326,714,126.82 from CNY 302,697,756.90, an increase of approximately 7.9%[34] - The total comprehensive income for Q1 2021 was CNY 29,356,768.14, an increase from CNY 20,873,794.91 in Q1 2020, reflecting a growth of 40.5%[42] Cash Flow and Liquidity - The net cash flow from operating activities was -¥68,702,230.98, a decline of 29.37% compared to -¥53,106,900.24 in the same period last year[9] - Operating cash inflow for the current period was CNY 294,987,105.49, slightly up from CNY 292,077,951.02 in the previous period, indicating a growth of approximately 0.65%[48] - Cash flow from financing activities showed a net outflow of CNY -111,910,990.00, improving from CNY -125,241,984.17 in the previous period, representing a reduction of approximately 10.6%[50] - The ending balance of cash and cash equivalents was CNY 778,894,089.22, a decrease from CNY 224,313,609.58 in the previous period, indicating a significant drop of about 65.2%[50] - The cash flow from operating activities showed a net cash outflow of CNY -72,628,584.02, worsening from CNY -45,647,574.04 in the previous period, reflecting a decline of approximately 58.5%[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,281,588,519.03, down 6.11% from ¥2,429,939,371.22 at the end of the previous year[9] - Current assets totaled CNY 1,686,912,700.29, down from CNY 1,834,415,464.53, indicating a decrease of about 8.0%[31] - The company's cash and cash equivalents decreased to CNY 817,464,677.11 from CNY 1,007,918,600.19, representing a decline of approximately 18.9%[31] - Total liabilities decreased to CNY 716,645,364.39 from CNY 894,352,984.72, a reduction of approximately 20.0%[33] - The company's total liabilities decreased to CNY 1,044,247,772.93 from CNY 1,190,786,720.74, indicating a reduction of approximately 12.3%[41] Research and Development - The company's R&D expenses increased by 48.10% to ¥11,165,870.20 from ¥7,539,574.91 in the previous year, indicating a focus on innovation[16] - Research and development expenses rose to CNY 11,165,870.20, up 48.5% from CNY 7,539,574.91 in the previous year[41] Customer and Market Focus - The company is focusing on domestic market expansion, increasing the share of domestic orders to mitigate the impact of international trade challenges[18] - The proportion of the top five customers' sales to total revenue increased by 9.51% compared to the previous year, attributed to delayed order deliveries last year[20] Financial Management - The company reported a significant reduction in tax and additional charges by 83.36%, from ¥3,501,337.31 to ¥582,604.69, due to decreased VAT payable[16] - The company reported a significant decrease in financial expenses, which fell to CNY 1,335,283.78 from CNY 3,939,782.00, a reduction of approximately 66.1%[41] Inventory and Prepayments - Prepayments increased by 236.42% to 25.45 million yuan, indicating a rise in material payments[17] - Inventory levels increased slightly to CNY 542,690,739.86 from CNY 531,325,990.58, reflecting a growth of approximately 2.6%[31]