FUDAN FORWARD(SH:600624)2021-04-29 16:00Financial Performance - Operating revenue rose by 18.33% to CNY 248,763,677.03 year-on-year[5] - Net profit attributable to shareholders decreased by 65.81% to CNY 4,381,074.20 compared to the same period last year[5] - Basic earnings per share fell by 65.78% to CNY 0.0064[5] - The company reported a significant decline in comprehensive income, with a loss of RMB 17,527,905.44, impacted by foreign exchange rate fluctuations[18] - Total operating revenue for Q1 2021 was ¥248,763,677.03, an increase of 18.3% compared to ¥210,221,804.42 in Q1 2020[33] - Net profit for Q1 2021 was CNY 5,723,772.66, down 58.16% from CNY 13,681,317.21 year-over-year[21] - Basic earnings per share for Q1 2021 were CNY 0.0064, a decline of 65.78% from CNY 0.0187 in the previous year[22] - The company reported a gross profit margin of approximately 5.4% in Q1 2021, compared to 8.3% in Q1 2020[34] Cash Flow - Cash flow from operating activities improved significantly, reaching CNY 5,353,061.95 compared to a negative CNY 40,249,131.28 in the previous year[5] - Cash received from sales and services in Q1 2021 was CNY 283,358,984.61, an increase of 49.47% compared to CNY 189,577,703.84 in the same period last year[23] - Operating cash flow for Q1 2021 was CNY 289,615,758.34, up 38.48% from CNY 209,141,271.67 year-over-year[23] - The net cash flow from operating activities for Q1 2021 was CNY 5,353,061.95, a significant improvement from a net outflow of CNY 40,249,131.28 in Q1 2020[38] - Total cash inflow from operating activities was CNY 289,615,758.34, compared to CNY 209,141,271.67 in the previous year, indicating a year-over-year increase of approximately 38.4%[38] - Cash outflow from operating activities totaled CNY 284,262,696.39, up from CNY 249,390,402.95 in Q1 2020, reflecting a 14% increase[38] Assets and Liabilities - Total assets increased by 2.97% to CNY 2,113,691,833.50 compared to the end of the previous year[5] - The total number of shareholders reached 74,714 at the end of the reporting period[11] - Current liabilities totaled CNY 729,238,253.00, slightly up from CNY 726,295,522.44, indicating a marginal increase of 0.13%[28] - Non-current liabilities rose to CNY 202,251,758.00 from CNY 145,758,170.03, reflecting a significant increase of approximately 38.6%[28] - Total liabilities increased to CNY 931,490,011.00 from CNY 872,053,692.47, marking an increase of about 6.8%[28] - Owner's equity totaled CNY 1,182,201,822.50, up from CNY 1,180,751,106.62, showing a slight increase of 0.12%[28] - The total liabilities and owner's equity amounted to CNY 1,377,994,935.73, slightly down from CNY 1,380,016,306.01, indicating a decrease of approximately 0.15%[32] Shareholder Information - The largest shareholder, Shanghai Fengxian Investment (Group) Co., Ltd., holds 18.74% of the shares[11] Other Financial Metrics - Financial expenses rose by 57.32% to RMB 5,484,621.55, largely due to increased exchange losses[20] - Other income decreased by 70.66% to RMB 1,186,424.28, reflecting a reduction in government subsidies received by a subsidiary[20] - Research and development expenses for Q1 2021 were ¥9,973,062.62, a decrease of 25.0% from ¥13,295,328.09 in Q1 2020[33] - The company recorded an investment loss of ¥421,779.05 in Q1 2021, compared to a loss of ¥295,357.69 in Q1 2020[34] - The company experienced a significant increase in sales expenses, which rose to ¥59,359,275.77 in Q1 2021, compared to ¥45,927,491.20 in Q1 2020[33] Product and Market Development - The company has not disclosed any new product developments or market expansion strategies in this report[5] - The company has not disclosed any new product or technology developments in this report[50]