FACS(SH:600651)2021-04-29 16:00Financial Performance - Operating revenue for the reporting period was ¥1,138,666,411.30, an increase of 8.71% year-on-year[18] - Net profit attributable to shareholders of the listed company was -¥58,841,925.94, showing an improvement from -¥186,055,762.46 in the same period last year[18] - Basic earnings per share were -¥0.023, an improvement from -¥0.189 in the same period last year[20] - The company's operating revenue for the current period is approximately CNY 1.14 billion, an increase from CNY 1.05 billion in the previous period, representing a growth of about 8.5%[48] - The net profit for the current period is approximately CNY -56.82 million, an improvement compared to CNY -193.89 million in the previous period, indicating a reduction in losses[48] - The total comprehensive income for the current period is approximately CNY -282.06 million, compared to CNY -193.67 million in the previous period, indicating a larger loss in comprehensive income[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,707,222,199.25, a decrease of 4.41% compared to the end of the previous year[18] - Total liabilities reached approximately $6.26 billion, which is an increase of $116.55 million from the previous period[68] - Non-current liabilities totaled RMB 2,032,938,214.98, down from RMB 2,123,001,448.23[44] - The company's total equity decreased to RMB 4,395,974,415.79 from RMB 4,699,250,409.22[44] - The total current assets amounted to approximately $4.51 billion, showing a slight decrease of $1.69 million compared to the previous period[65] Cash Flow - The net cash flow from operating activities was -¥41,333,359.80, compared to -¥114,253,502.38 in the previous year[18] - Net cash flow from operating activities improved to -¥41,333,359.80 from -¥114,253,502.38, mainly due to reduced payments for goods and personnel[30] - Cash flow from investing activities in Q1 2021 was -51,475,091.58 CNY, an improvement from -245,522,852.25 CNY in Q1 2020[58] - Cash flow from financing activities in Q1 2021 was -302,506,202.06 CNY, compared to a positive cash flow of 102,661,293.53 CNY in Q1 2020[58] Shareholder Information - The total number of shareholders at the end of the reporting period was 47,833[24] - The largest shareholder, Shanghai Yidian Electronics (Group) Co., Ltd., held 33.22% of the shares[24] Government Support and Subsidies - The company received government subsidies amounting to ¥4,008,635.42, which are closely related to its normal business operations[20] Operational Changes - Management expenses decreased by 35.91% to ¥94,605,378.62, resulting from changes in consolidation scope and reduced personnel costs[28] - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[18] Other Financial Metrics - Other income fell by 87.93% to ¥1,947,292.04, primarily due to a decrease in government subsidies from unaccepted projects[28] - Investment income from fair value changes surged by 7054.97% to ¥9,617,822.18, driven by an increase in equity investments[28] - The company's tax expenses increased to approximately CNY 15.27 million from CNY 10.91 million, reflecting a rise of about 40.5%[48]