恒而达(300946) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥102,717,523.92, representing a 49.56% increase compared to ¥68,680,617.23 in the same period last year[8]. - Net profit attributable to shareholders for Q1 2021 was ¥34,664,452.67, a significant increase of 124.45% from ¥15,444,493.45 in the previous year[8]. - The net profit after deducting non-recurring gains and losses was ¥20,200,764.48, up 120.38% from ¥9,166,353.78 year-on-year[8]. - Basic earnings per share for Q1 2021 were ¥0.52, an increase of 67.74% compared to ¥0.31 in the same period last year[8]. - Operating profit for Q1 2021 reached CNY 29,688,490.43, compared to CNY 18,436,687.58 in the same period last year, representing a growth of approximately 61.2%[60]. - The total profit for Q1 2021 was CNY 40,393,590.49, compared to CNY 17,836,177.40 in the same period last year, marking an increase of about 126.5%[60]. - The company’s total comprehensive income for Q1 2021 was CNY 34,664,452.67, compared to CNY 15,444,493.45 in the previous year, reflecting a growth of approximately 124.5%[61]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,078,674,201.45, a 73.18% increase from ¥622,872,098.53 at the end of the previous year[8]. - The company's total liabilities decreased to CNY 130.56 million from CNY 148.96 million year-over-year, indicating a reduction of about 12.3%[51]. - The equity attributable to the parent company increased to CNY 948.12 million, up from CNY 473.92 million, reflecting a growth of approximately 100%[52]. - The total current liabilities were CNY 149,074,680.11, with short-term borrowings at CNY 39,820,221.11[79]. Cash Flow - The company reported a net cash flow from operating activities of -¥24,022,258.23, slightly worse than -¥22,819,869.18 in the same period last year, reflecting a 5.27% increase in cash outflow[8]. - Total cash inflow from financing activities reached 453,869,500.00 CNY, significantly higher than 25,006,589.20 CNY in the same period last year, reflecting strong capital raising efforts[69]. - The net cash flow from investing activities was -132,347,849.75 CNY, compared to -32,803,121.91 CNY in the previous year, showing increased investment expenditures[72]. - Cash outflows for operating activities totaled 90,465,569.68 CNY, compared to 79,849,889.71 CNY in the previous year, indicating higher operational costs[68]. Shareholder Information - The total number of shareholders at the end of the reporting period was 17,825, indicating a stable shareholder base[12]. - The sales from the top five customers accounted for a stable proportion, with no single customer dependency that could significantly impact future operations[26]. Research and Development - The company is focusing on the development of metal cutting tools and related equipment, enhancing R&D investment in new technologies and products[26]. - Research and development expenses for Q1 2021 amounted to CNY 3,050,717.51, compared to CNY 2,595,761.70 in the previous year, showing an increase of approximately 17.5%[63]. - The development of new technologies and products is subject to uncertainties, and the company is enhancing R&D efforts and collaborations with leading research institutions[35]. Supplier and Inventory Management - The proportion of purchases from the top five suppliers decreased to 66.40%, down from 81.79% in the previous year, indicating improved supplier diversification[25]. - The company is actively working on domestic supplier partnerships to mitigate risks associated with imported raw materials, particularly cold-rolled alloy steel from Germany[31]. - The company aims to improve inventory management to address risks related to large inventory scales and declining turnover rates[33]. - Inventory increased to CNY 171.31 million from CNY 161.42 million year-over-year[49]. Government Support - The company received government subsidies amounting to ¥16,485,814.91 during the reporting period, contributing positively to its financial performance[9].