科创信息(300730) - 2018 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2018 was ¥19,838,764.59, a decrease of 1.07% compared to ¥20,054,232.36 in the same period last year[8] - Net profit attributable to shareholders was -¥9,975,883.89, representing a decline of 35.63% from -¥7,355,346.97 year-on-year[8] - Net cash flow from operating activities was -¥78,888,878.09, a decrease of 34.54% compared to -¥58,635,118.27 in the previous year[8] - In Q1 2018, the company achieved operating revenue of 19.84 million RMB, a decrease of 1.07% year-on-year[22] - The net profit attributable to shareholders was -9.98 million RMB, down 35.63% compared to the same period last year[21] - The company reported a total operating cost of 13,474,419.12 yuan, up from 12,636,356.26 yuan in the previous period, representing an increase of approximately 6.65%[46] - The total comprehensive income for the period was -10,443,127.09 yuan, compared to -7,607,322.45 yuan in the previous period, indicating a decline[45] Cash Flow and Liquidity - Cash and cash equivalents decreased from 316.17 million to 174.16 million, a decline of approximately 45%[35] - The company's monetary funds decreased by 44.91% to 174.16 million RMB, mainly due to repayment of short-term bank loans and procurement payments[20] - Cash and cash equivalents at the end of the period totaled 163,303,271.10 yuan, compared to 48,495,286.95 yuan at the end of the previous period, indicating a significant increase[52] - The company experienced a cash outflow from financing activities of -65,966,022.20 yuan, compared to -6,891,568.90 yuan in the previous period, indicating a substantial increase in cash outflow[52] - Total cash outflow from operating activities was $124,319,217.45, compared to $87,404,997.35 in the prior period, indicating a 42.2% increase[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥508,201,828.21, down 16.20% from ¥606,433,571.66 at the end of the previous year[8] - Current assets decreased to CNY 400,969,806.10 from CNY 500,647,247.07, a decline of 20%[39] - Total liabilities decreased to CNY 131,060,644.47 from CNY 218,850,811.78, a reduction of 40%[40] - Total equity attributable to shareholders was CNY 368,911,794.01, down from CNY 378,886,126.94, a decrease of 2.57%[38] Market and Competition - The company faces significant seasonal revenue fluctuations due to its reliance on government and institutional clients, which typically have budget management and centralized procurement[10] - Increased competition in the smart city and smart manufacturing sectors poses a risk, as many new entrants are competing for market share[11] - The company is expanding its branch offices and personnel to increase market share, which presents management challenges[12] Operational Developments - The company signed new contracts in smart governance and smart enterprise sectors, indicating a qualitative leap in project contracts[22] - The company plans to continue promoting new smart city solutions and smart manufacturing solutions, focusing on user satisfaction and quality[23] - The company has developed multiple patents and core technologies in the machine vision field, but market capacity limitations pose risks for future growth[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,999, with the top ten shareholders holding significant stakes[15] - The top five customers contributed 14.04 million RMB, representing 70.77% of total sales, an increase from 56.42% in the previous year[25] Miscellaneous - The company reported no violations regarding external guarantees during the reporting period[30] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[31] - The company has not disclosed any issues regarding the use of raised funds[29] - The first quarter report was not audited[56]