方正科技(600601) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 937,750,206.04, representing a year-on-year increase of 4.01%[12] - Net loss attributable to shareholders of the listed company was CNY -139,923,748.83, compared to a loss of CNY -83,430,058.49 in the same period last year[12] - Basic and diluted earnings per share were both CNY -0.0637, compared to CNY -0.0380 in the same period last year[15] - Net profit for the period was -¥140,870,142.65, compared to -¥84,619,150.84 in the same period last year, mainly due to increased expenses and a decrease in government subsidies[24] - Total operating revenue for Q1 2021 was ¥937,750,206.04, an increase of 4.3% from ¥901,561,784.31 in Q1 2020[47] - Net loss for Q1 2021 was ¥140,870,142.65, compared to a net loss of ¥84,619,150.84 in Q1 2020, indicating a deterioration in performance[50] - Basic earnings per share for Q1 2021 was -¥0.0637, compared to -¥0.0380 in Q1 2020, indicating a worsening in earnings per share[52] - The net profit for Q1 2021 was -43,272,429.45, compared to -11,374,105.00 in Q1 2020, indicating a significant decline in profitability[56] - Operating profit for Q1 2021 was -43,271,672.81, a decrease from -10,445,339.71 in the same period last year[56] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,714,597,152.41, a decrease of 3.02% compared to the end of the previous year[12] - Total assets decreased from ¥8,986,410,598.75 to ¥8,714,597,152.41, a decline of approximately 3.03%[37] - Current liabilities decreased from ¥7,348,281,985.35 to ¥7,210,868,024.87, a reduction of about 1.88%[37] - Non-current liabilities increased from ¥891,766,550.06 to ¥898,665,935.44, an increase of approximately 0.10%[37] - Total liabilities decreased from ¥8,240,048,535.41 to ¥8,109,533,960.31, a decline of about 1.59%[39] - The total liabilities increased to ¥4,050,534,779.81 in Q1 2021 from ¥4,005,129,389.47 in Q1 2020, showing a rise of 1.1%[47] - The total equity decreased to ¥375,354,277.54 in Q1 2021 from ¥418,626,706.99 in Q1 2020, a decline of 10.3%[47] - Total liabilities amounted to approximately $8.24 billion, a decrease of about 0.41% from the previous period[73] - Current liabilities totaled approximately $7.35 billion, with a significant portion attributed to short-term borrowings of approximately $445.51 million[73] - Non-current liabilities totaled approximately $891.77 million, reflecting a decrease of about 3.70% compared to the previous period[73] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -101,396,413.46, a decrease of 214.83% compared to the previous year[12] - Cash flow from operating activities was -¥101,396,413.46, a decrease of 214.83% compared to ¥88,299,870.04 in the previous year, primarily due to increased procurement expenditures[24] - Cash flow from investing activities was -¥138,136,705.60, mainly due to increased investment in construction projects for the PCB business[24] - Cash flow from financing activities was ¥34,389,426.26, a significant improvement compared to -¥216,024,936.20 in the previous year, primarily due to a decrease in maturing debts[24] - Cash flow from operating activities showed a net outflow of -101,396,413.46 in Q1 2021, contrasting with a net inflow of 88,299,870.04 in Q1 2020[60] - The total cash outflow from operating activities was 1,600,602,312.28 in Q1 2021, compared to 1,439,885,477.44 in Q1 2020[60] - Cash inflow from financing activities totaled 62,966,042.30 RMB, down from 626,000,000.00 RMB year-over-year[66] - The net cash flow from financing activities was 24,654,179.68 RMB, compared to -35,484,947.33 RMB in the first quarter of the previous year[68] Shareholder Information - The total number of shareholders at the end of the reporting period was 177,016[19] - The largest shareholder, Peking University Founder Group, held 12.59% of the shares, totaling 276,333,368 shares[19] Legal and Restructuring Issues - The company is currently facing 1,504 lawsuits related to investment losses, with a total claim amount of approximately ¥246 million[25] - The restructuring of the company may significantly impact its equity structure, with a joint investment group selected as the restructuring investor[26] Other Financial Metrics - The weighted average return on net assets decreased by 16.62 percentage points to -21.14%[12] - Other income decreased by 69.25% to ¥6,969,225.68 from ¥22,664,063.84 due to a reduction in government subsidies received during the reporting period[24] - Research and development expenses increased to ¥73,540,875.73 in Q1 2021 from ¥66,784,511.55 in Q1 2020, representing a growth of 10.5%[47] - The company reported a significant increase in financial expenses, totaling ¥52,438,932.13 in Q1 2021, compared to ¥48,733,787.53 in Q1 2020, an increase of 5.5%[47] - The company paid 282,648,615.69 in employee compensation in Q1 2021, an increase from 262,720,802.52 in Q1 2020[60]