ZSIG(SH:600313)2021-04-27 16:00Financial Performance - Operating revenue for the period reached approximately ¥930.58 million, an increase of 202.20% year-on-year[12] - Net profit attributable to shareholders was approximately ¥411,313.29, a turnaround from a loss of ¥10.25 million in the same period last year, representing a 104.01% increase[12] - Basic earnings per share were ¥0.0004, compared to a loss of ¥0.0095 per share in the same period last year, marking a 104.21% improvement[12] - The company's operating revenue reached ¥930,576,395.21, a significant increase of 202.20% compared to ¥307,933,290.88 in the same period last year, primarily due to increased fertilizer sales[21] - The company reported a net loss of approximately ¥49.8 million, an improvement from a loss of ¥50.2 million in the previous year[43] - The total comprehensive income for the period was -3,542,778.82 RMB, down from -19,069,024.86 RMB year-over-year[58] Cash Flow - Net cash flow from operating activities was negative at approximately -¥3.34 million, a decline of 111.30% compared to the previous year[12] - The net cash flow from operating activities was negative at -¥3,339,987.11, a decline of 111.30% from ¥29,568,096.21, mainly due to increased cash payments related to operating activities[24] - The cash inflow from investment activities was ¥85.58 million in Q1 2021, down from ¥258.03 million in Q1 2020, reflecting a decrease of 66.8%[67] - The net cash flow from investment activities was -¥153.55 million in Q1 2021, compared to -¥7.12 million in Q1 2020, showing a worsening of 2,059.5%[67] - The total cash inflow from operating activities was ¥924.37 million in Q1 2021, compared to ¥399.80 million in Q1 2020, marking an increase of 131.1%[64] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥3.21 billion, a decrease of 3.32% compared to the end of the previous year[12] - Current assets totaled approximately ¥2.01 billion, down from ¥2.11 billion at the end of 2020, indicating a decrease of around 5.2%[38] - Total liabilities decreased to approximately ¥1.05 billion from ¥1.16 billion, a reduction of about 9.2%[43] - The company's equity attributable to shareholders was approximately ¥1.47 billion, a slight increase from ¥1.46 billion at the end of 2020[43] Expenses - The company's operating costs amounted to ¥891,351,958.12, reflecting a 208.32% increase from ¥289,096,973.26, also driven by higher fertilizer sales[21] - Research and development expenses increased by 127.36% to ¥7,829,488.92 from ¥3,443,664.60, indicating a rise in investment according to project progress[21] - The company reported a financial expense reduction of 73.87%, down to ¥633,978.09 from ¥2,426,689.85, mainly due to increased interest income[21] - The company’s management expenses rose to 5,718,434.45 RMB from 4,899,858.84 RMB in the previous year, reflecting increased operational costs[58] Shareholder Information - The total number of shareholders at the end of the reporting period was 115,415[18] - The largest shareholder, China Agricultural Reclamation Group Co., Ltd., held 250,250,000 shares, accounting for 23.12% of the total shares[18] Future Plans - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[39] - The company plans to continue focusing on R&D to drive future growth, as evidenced by the significant increase in R&D expenses[53] Legal and Financial Commitments - The company is actively pursuing legal actions to recover outstanding performance compensation from previous acquisitions, indicating ongoing efforts to manage financial commitments[25]