屹通新材(300930) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 reached ¥120,536,450.33, representing a 133.01% increase compared to ¥51,731,194.40 in the same period last year[8] - Net profit attributable to shareholders was ¥18,635,438.53, up 180.15% from ¥6,651,944.96 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥18,593,978.59, reflecting a 196.13% increase from ¥6,278,974.57 in the previous year[8] - Basic earnings per share increased by 111.11% to ¥0.19 from ¥0.09 in the same period last year[8] - Operating profit for the period was ¥21,146,504.38, compared to ¥8,046,469.45 in the same period last year, reflecting a growth of approximately 163%[41] - Net profit attributable to the parent company was ¥18,635,438.53, up from ¥6,651,944.96, marking an increase of about 180% year-over-year[41] - Earnings per share (EPS) for the period was ¥0.19, compared to ¥0.09 in the previous year, indicating a 111% increase[42] Assets and Equity - The company's total assets increased by 73.24% to ¥689,737,835.50 from ¥398,130,724.12 at the end of the previous year[8] - The net assets attributable to shareholders rose by 85.03% to ¥650,788,012.33 from ¥351,718,709.23 at the end of the last year[8] - The total equity attributable to shareholders of the parent company was ¥650,788,012.33, up from ¥351,718,709.23 year-over-year[38] - The company's equity increased significantly, with the share capital rising to CNY 100,000.00 million from CNY 75,000.00 million[37] Cash Flow - The company reported a net cash flow from operating activities of ¥3,059,498.77, a decrease of 23.88% compared to ¥4,019,237.43 in the previous year[8] - Cash flow from operating activities generated a net amount of ¥3,059,498.77, down from ¥4,019,237.43 in the previous period[44] - The cash flow from operating activities showed a net decrease of ¥5,839,883.06, a reduction of 82.98% from the previous year's decrease of ¥34,319,165.58, primarily due to lower debt repayments last year[19] - The total cash inflow from financing activities amounted to 305,950,000.00 CNY, while cash outflow was 27,984,459.32 CNY, resulting in a net cash flow of 277,965,540.68 CNY[45] - The ending balance of cash and cash equivalents was 25,341,634.82 CNY, down from 31,181,517.88 CNY at the beginning of the period[45] Operating Costs and Expenses - Operating costs increased to ¥92,638,680.84, reflecting a 127.84% rise from ¥40,659,102.40, in line with the growth in operating revenue[18] - Research and development expenses rose to ¥3,440,264.68, a 43.98% increase from ¥2,389,342.40, as previous pandemic-related project suspensions were lifted[18] - The company reported a total operating cost of ¥99,647,113.46, which is an increase from ¥44,887,715.92 in the previous period[39] - The company experienced a 279.22% increase in income tax expenses, amounting to ¥2,510,365.85, compared to ¥661,976.99 in the previous year, driven by substantial revenue and profit growth[18] Investment Activities - The company reported a net cash outflow from investment activities of ¥286,865,117.44, a significant increase of 3953.32% compared to the previous year's outflow of ¥7,077,282.23, due to investments in financial products following the company's IPO[19] - The total amount of raised funds for the quarter is CNY 28,043.39 million[27] - The cumulative amount of raised funds for investment projects is CNY 47,068.59 million, with CNY 28,043.39 million invested in the current report period[27] - The investment progress for the annual production of 70,000 tons of alternative imported iron and copper-based new materials is 13.24%[27] Market and Operations - The overall market demand for the company's products has increased, leading to a substantial rise in order volume compared to the previous year[20] - The company maintained stable relationships with its top five suppliers and customers, with changes in ranking but no new significant partnerships[22][23] - The company has not reported any significant changes in its core technology team or major risks affecting operations during the reporting period[24][25] - The company has no significant changes in project feasibility during the reporting period[29] - There are no violations of external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[30] Other Information - The company issued 25 million new shares, increasing the paid-in capital by 33.33% to ¥100,000,000.00[16] - The company’s trading financial assets reached ¥277,580,000.00, attributed to the listing and idle fundraising management[16] - The first quarter report was not audited, which may affect the reliability of the financial data presented[47]