德赛电池2021年一季度财务分析报告

德赛电池2021年一季度财务分析报告
一、上市公司基本信息
机构简介：公司前身系深圳市城建材料设备股份有限公司，1988年5月始进行股份制改组，定向发行股票30万股，后经多次调整和1995年1月首次公开发行，上市时总股份5435.6万股；职工股494.3464万股于1995年9月18日上市交易。

主营业务：无汞碱锰电池、一次锂电池、锌空气电池、镍氢电、锂聚合物电池、燃料电池及其他种类电池、电池材料、配件和设备的技术开发和销售；电源管理系统和新型电子元器件的技术开发、测试及销售；移动通讯产品及配件的技术开发及销售。

经营范围：无汞碱锰电池、一次锂电池、锌空气电池、镍氢电池、锂聚合物电池、燃料电池及其他种类电池、电池材料、配件和设备的研究、开发和销售；电源管理系统和新型电子元器件的开发、测试及销售；移动通讯产品及配件的开发及销售；高科技项目开发、投资、咨询，高科技企业投资。

二、财务报表分析
（一）利润数据
2021-03-312020-12-312020-09-302020-06-302020-03-31同比环比营业总收入(元)3,843,261,249.656,631,011,480.345,192,744,820.734,690,473,497.92,883,594,664.6933.28%-42.04%营业收入(元)3,843,261,249.656,631,011,480.345,192,744,820.734,690,473,497.92,883,594,664.6933.28%-42.04%营业总成本(元)3,681,600,650.046,258,530,452.354,942,113,705.654,460,295,854.542,814,511,227.3930.81%-41.17%营业成本(元)3,505,269,806.36,068,030,134.744,705,230,943.994,262,115,327.962,680,451,756.6330.77%-42.23%营业税金及附加(元)13,143,528.1320,881,089.4611,887,197.1511,756,951.985,601,367.42134.65%-37.06%销售费用(元)28,767,664.83-8,236,053.8645,688,508.3737,844,652.226,875,135.537.04%-449.29%管理费用(元)59,061,895.9672,169,702.5160,547,390.1950,591,062.9240,888,928.2344.44%-18.16%财务费用(元)-58,275.5810,355,711.8815,075,066.725,323,936.381,597,327.01-103.65%-100.56%投资收益(元)334,305.731,042,796.015,020,372.224,506,501.795,263,222.67-93.65%-67.94%营业利润(元)168,411,171.75345,620,422.69260,936,962.42216,335,977.781,743,120.6106.02%-51.27%营业外收入(元)139,138.9916,807,099.551,414,538.931,381,675.86927,294.35-85.00%-99.17%营业外支出(元)180,918.183,016,648.05952,238.81279,789.641,280,953.0-85.88%-94.00%利润总额(元)168,369,392.56359,410,874.19261,399,262.54217,437,863.9281,389,461.95106.87%-53.15%所得税费用(元)33,467,914.1158,069,323.2553,975,907.249,115,881.4718,199,408.6783.90%-42.37%净利润(元)134,901,478.45301,341,550.94207,423,355.34168,321,982.4563,190,053.28113.49%-55.23%归属于母公司股东
134,873,963.17301,284,768.19194,639,468.21126,506,411.3247,261,563.55185.38%-55.23%的净利润(元)
少数股东损益(元)27,515.2856,782.7512,783,887.1341,815,571.1315,928,489.73-99.83%-51.54%基本每股收益(元)0.6509 1.45410.93930.61060.2281185.36%-55.24%稀释每股收益(元)0.6509 1.45410.93930.61060.2281185.36%-55.24%其他综合收益(元)121,726.43-2,256,726.47-3,189,634.581,825,529.1-697,676.75-117.45%-105.39%综合收益总额(元)135,023,204.88299,084,824.47204,233,720.76170,147,511.5562,492,376.53116.06%-54.85%
归属于母公司所有者的综合收益总额
(元)134,995,689.6299,028,041.72191,596,978.08127,875,941.13
46,742,815.63188.81%-54.86%归属于少数股东的综合收益总额(元)
27,515.28
56,782.75
12,636,742.68
42,271,570.42
15,749,560.9
-99.83%
-51.54%
利润分析：2021年一季度利润总额为16836.94万元，与2020年一季度的8138.95万元相比，增长106.87%；环比2020年四季度的35941.09万元相比，增长-53.15%，利润总额主要来源于主营业务。

（二）现金流数据
2021-03-312020-12-312020-09-302020-06-302020-03-31
同比环比
销售商品、提供劳
务收到的现金(元)
5,321,457,586.665,881,564,009.195,029,254,202.113,423,620,878.274,630,586,413.37
14.92%-9.52%收到的税费返还(元)65,078,701.62
51,542,425.020,647,777.0261,509,158.2690,141,425.15-27.80%26.26%收到其他与经营活
动有关的现金(元)72,595,672.7959,485,023.8374,501,058.6983,810,198.6210,428,359.83
-65.50%22.04%经营活动现金流入
小计(元)5,459,131,961.075,992,591,458.025,124,403,037.823,568,940,235.134,931,156,198.35
10.71%-8.90%购买商品、接受劳
务支付的现金(元)4,853,420,231.825,228,244,386.834,246,271,779.682,857,323,904.334,337,295,076.83
11.90%-7.17%支付给职工以及为
职工支付的现金(元)
268,631,116.17241,354,879.71211,717,246.22407,705,470.48199,020,384.5
34.98%11.30%支付的各项税费(元)
81,089,526.484,160,444.6666,454,164.2534,017,753.4973,501,012.9810.32%-3.65%支付其他与经营活
动有关的现金(元)84,831,886.6536,949,038.14183,485,176.977,960,194.18119,472,125.07
-28.99%129.59%经营活动现金流出
小计(元)5,287,972,761.045,590,708,749.344,707,928,367.123,307,007,322.484,729,288,599.38
11.81%-5.41%经营活动产生的现
金流量净额(元)
171,159,200.03401,882,708.68416,474,670.7261,932,912.65201,867,598.97
-15.21%
-57.41%
取得投资收益收到
1,117,295.331,707,199.895,020,372.224,580,976.325,336,456.9-79.06%-34.55%的现金(元)
处置固定资产、无
形资产和其他长期
6,500.01,670,866.05780,900.0300,000.04,241,000.0-99.85%-99.61%资产收回的现金净
额(元)
收到其他与投资活
741,400,000.0927,868,000.01,297,771,287.01,027,385,638.02,206,560,000.0-66.40%-20.10%动有关的现金(元)
投资活动现金流入
742,523,795.33931,246,065.941,303,572,559.221,032,266,614.322,216,137,456.9-66.49%-20.27%小计(元)
购建固定资产、无
183,537,367.71287,571,901.42232,861,285.9780,868,244.873,160,329.2150.87%-36.18%形资产和其他长期
资产支付的现金(元)
支付其他与投资活
805,350,000.0553,680,000.01,341,188,000.01,093,156,925.02,200,990,000.0-63.41%45.45%动有关的现金(元)
投资活动现金流出
988,887,367.71851,251,901.421,574,049,285.971,184,025,169.82,274,150,329.2-56.52%16.17%小计(元)
投资活动产生的现
-246,363,572.3879,994,164.52-270,476,726.75-151,758,555.48-58,012,872.3324.67%-407.98%金流量净额(元)
取得借款收到的现
698,067,667.9324,053,494.14162,050,695.72397,918,240.15475,859,693.6746.70%115.42%金(元)
筹资活动现金流入
698,067,667.9327,705,953.94213,298,854.33353,057,567.39569,563,799.7722.56%113.02%小计(元)
偿还债务支付的现
457,864,800.01349,524,827.11268,901,781.94327,103,048.69316,001,025.7644.89%31.00%金(元)
分配股利、利润或
40,220,706.9438,242,979.9239,006,330.71221,458,543.52106,870,128.53-62.36% 5.17%偿付利息支付的现
金(元)
支付其他与筹资活
6,087,117.89323,562,657.04123,568,029.9441,640.041,640.014518.44%-98.12%动有关的现金(元)
筹资活动现金流出
504,172,624.84711,330,464.05631,476,142.59548,603,232.21422,912,794.2919.21%-29.12%小计(元)
筹资活动产生的现
193,895,043.06-383,624,510.11-418,177,288.26-195,545,664.82146,651,005.4832.22%-150.54%金流量净额(元)
汇率变动对现金及
-714,420.55-15,063,139.41-4,659,582.56640,041.47-370,916.9692.61%-95.26%现金等价物的影响
现金及现金等价物
117,976,250.1683,189,223.68-276,838,926.87-84,731,266.18290,134,815.19-59.34%41.82%净增加额
期初现金及现金等
477,021,569.13393,832,345.45670,671,272.32755,402,538.5465,267,723.31 2.53%21.12%价物余额(元)
期末现金及现金等
594,997,819.29477,021,569.13393,832,345.45670,671,272.32755,402,538.5-21.23%24.73%价物余额(元)
现金流分析：2021年一季度期末现金及现金等价物余额为59499.78万元，与2020年一季度的75540.25万元相比，增长-21.23%；环比2020年四季度的47702.16万元相比，增长24.73%。

（三）资产负债数据
2021-03-312020-12-312020-09-302020-06-302020-03-31同比环比
货币资金(元)671,606,972.03551,703,695.74475,294,764.15798,512,563.6864,704,280.87-22.33%21.73%应收票据(元)13,406,969.0913,966,727.5419,757,678.1930,786,283.8244,893,991.36-70.14%-4.01%应收账款(元)3,265,157,922.964,643,767,736.173,892,981,554.513,742,975,844.622,632,913,921.2824.01%-29.69%预付款项(元)55,447,374.2825,975,372.9516,635,714.948,433,183.7729,231,621.8189.68%113.46%其他应收款(元)122,379,678.87146,003,303.49107,028,125.33103,602,065.13102,659,934.6119.21%-16.18%存货(元)1,589,360,309.191,699,323,174.992,065,206,286.781,760,049,090.882,107,154,500.1-24.57%-6.47%其他流动资产(元)30,878,149.6244,251,126.9545,924,499.8211,218,670.77289,904,070.05-89.35%-30.22%
流动资产合计(元)5,922,152,447.137,170,630,386.677,041,307,425.626,826,782,461.046,071,462,320.08-2.46%-17.41%
固定资产(元)937,985,625.73927,369,076.05832,305,291.36846,700,023.99852,499,899.7110.03% 1.14%
在建工程(元)325,766,378.19231,555,625.02135,694,276.2751,054,201.1942,559,530.24665.44%40.69%
无形资产(元)235,669,289.12215,929,423.23179,742,301.17177,727,969.19178,521,466.132.01%9.14%
长期待摊费用(元)213,323,720.67257,253,601.16372,424,886.52215,459,001.66242,000,165.76-11.85%-17.08%
递延所得税资产(元)116,379,537.14126,189,692.45102,387,872.68108,716,778.57119,089,071.35-2.28%-7.77%
其他非流动资产(元)83,720,962.9191,027,522.52122,472,498.0362,872,578.4154,232,352.0454.37%-8.03%
非流动资产合计(元)1,949,846,701.01,868,660,536.551,790,276,508.071,507,779,935.051,524,151,867.2427.93% 4.34%
资产总计(元)7,871,999,148.139,039,290,923.228,831,583,933.698,334,562,396.097,595,614,187.32 3.64%-12.91%
短期借款(元)430,923,122.8525,500,357.78454,255,755.19517,383,720.18626,217,503.48-31.19%-18.00%
应付票据(元)180,006,471.41170,927,981.12144,656,420.9887,474,556.49169,631,824.22 6.12% 5.31%
应付账款(元)2,757,038,454.794,289,022,373.294,151,226,559.653,479,952,832.762,735,775,218.10.78%-35.72%
应付职工薪酬(元)401,263,080.1391,900,508.29298,445,871.67228,891,628.84378,526,265.47 6.01% 2.39%
应交税费(元)31,600,987.1987,246,303.3871,381,063.1464,686,661.8835,814,874.66-11.77%-63.78%
其他应付款(元)79,818,758.0291,844,328.37439,596,689.6179,840,702.090,173,791.6-11.48%-13.09%
一年内到期的非流
387,574,178.0458,000,000.0275,190,330.3574,217,068.6974,243,807.03422.03%-15.38%动负债(元)
流动负债合计(元)4,276,908,476.36,027,696,136.375,839,225,998.624,642,740,598.344,111,311,301.43 4.03%-29.05%
长期借款(元)572,280,315.09163,773,566.24463,916,776.24720,411,065.48542,808,278.73 5.43%249.43%
非流动负债合计(元)634,144,895.65189,262,896.23473,231,072.76734,240,081.05556,194,468.8714.01%235.06%
负债合计(元)4,911,053,371.956,216,959,032.66,312,457,071.385,376,980,679.394,667,505,770.3 5.22%-21.01%
实收资本(或股本)
(元)207,197,738.0207,197,738.0207,197,738.0207,197,738.0207,197,738.00.00%0.00%资本公积金(元)155,522,872.81151,932,192.13147,811,988.2949,443,940.7245,079,735.99245.00% 2.36%库存股(元)28,118,060.028,118,060.028,118,060.028,118,060.028,118,060.00.00%0.00%盈余公积金(元)106,986,815.87106,986,815.8784,323,558.484,323,558.484,323,558.426.88%0.00%未分配利润(元)2,529,768,157.882,394,894,194.712,116,272,683.991,921,633,215.781,940,165,221.0630.39% 5.63%
归属于母公司股东
2,968,188,153.242,829,601,782.962,526,453,537.42,236,488,511.752,249,286,782.4931.96% 4.90%权益合计(元)
少数股东权益(元)-7,242,377.06-7,269,892.34-7,326,675.09721,093,204.95678,821,634.53-101.07%-0.38%
股东权益合计(元)2,960,945,776.182,822,331,890.622,519,126,862.312,957,581,716.72,928,108,417.02 1.12% 4.91%
负债和股东权益合
7,871,999,148.139,039,290,923.228,831,583,933.698,334,562,396.097,595,614,187.32 3.64%-12.91%计
资产分析：2021年一季度资产总计为787199.91万元，与2020年一季度的759561.42万元相比，增长3.64%；环比2020年四季度的903929.09万元相比，增长-12.91%。

负债分析：2021年一季度负债总计为491105.34万元，与2020年一季度的466750.58万元相比，增长5.22%；环比2020年四季度的621695.9万元相比，增长-21.01%。

（四）财务指标数据
2021-03-312020-12-312020-09-302020-06-302020-03-31同比环比
每股收益EPS(元)0.6509 1.45410.93940.61060.22810.42-0.80
扣除非经常损益后
128,027,414.45311,418,089.1184,128,471.11117,621,089.5938,472,610.5789554803.88-183390674.65的净利润(元)
经营活动净收益(元)161,660,599.61372,481,027.99250,631,115.08230,177,643.3669,083,437.392577162.31-210820428.38价值变动净收益(元)676,725.54-34,206,586.034,586,900.774,939,973.245,263,222.67-4586497.1334883311.57净资产收益率
ROE(%) 4.6511.258.17 5.64 2.13 2.52-6.60
净资产收益率(扣除
4.4211.637.73
5.24 1.73 2.69-7.21非经常损益)(%)
总资产净利率
ROA(%) 1.6 3.37 2.42 2.110.770.83-1.77
销售净利率(%) 3.51 4.54 3.99 3.59 2.19 1.32-1.03销售毛利率(%)8.798.499.399.137.04 1.750.30营业总成本/营业总
95.7994.3895.1795.0997.6-1.81 1.41
收入(%)
营业利润/营业总收
4.38
5.21 5.03 4.61 2.83 1.55-0.83
入(%)
净利润/营业总收入
(%) 3.51 4.54 3.99 3.59 2.19 1.32-1.03
营业费用/营业总收
0.75-0.120.880.810.93-0.180.87
入(%)
管理费用/营业总收
1.54 1.09 1.17 1.08 1.420.120.45
入(%)
财务费用/营业总收
0.00.160.290.110.06-0.06-0.16
入(%)
经营活动净收益/利
96.02103.6495.88105.8684.8811.14-7.62
润总额(%)
价值变动净收益/利
0.4-9.52 1.75 2.27 6.47-6.079.92
润总额(%)
扣除非经常损益后
的净利润/归属于母
94.92103.3694.692.9881.413.52-8.44公司所有者的净利
润(%)
销售商品提供劳务
138.4688.796.8572.99160.58-22.1249.76收到的现金/营业收
入(%)
经营活动产生的现
4.45 6.068.02
5.587.0-2.55-1.61金流量净额/营业收
入(%)
经营活动产生的现
105.88107.89166.17113.8292.21-186.33-2.01金流量净额/经营活
动净收益(%)
营业总收入同比增
33.2812.34-0.3721.29-16.6949.9720.94
长率(%)
营业总收入环比增
-42.0427.710.7162.66-51.159.11-69.74长率(%)
营业收入同比增长
33.2812.34-0.3721.29-16.6949.9720.94
率(%)
营业收入环比增长
-42.0427.710.7162.66-51.159.11-69.74率(%)
营业利润同比增长
106.0230.11-7.5223.12-30.45136.4775.91率(%)
营业利润环比增长
-51.2732.4520.62164.65-69.2317.96-83.72率(%)
净利润同比增长率
(%)113.4938.23-7.8422.65-29.42142.9175.26净利润环比增长率
(%)-55.2345.2823.23166.37-71.0115.78-100.51归属母公司股东的
185.3884.6315.3923.52-30.4215.78100.75净利润同比增长率
(%)
归属母公司股东的
-55.2354.7953.86167.67-71.0415.81-110.02净利润环比增长率
(%)
公司在成功进行资产置换后，主营转型为高科技电池类产品，各类电池产销量居行业领先地位。

公司拥有优秀的海外市场业绩，在多个行业处于国际领先地位。

“德赛”商标被国家工商总局认定为中国驰名商标，锂离子充电电池被评为“中国名牌产品”以及中国电子百强企业前20强。