BEKEN(SH:603068)2021-04-28 16:00Financial Performance - Total revenue for Q1 2021 reached RMB 236,391,274.30, an increase of 74.4% compared to RMB 135,543,679.47 in Q1 2020[9] - Net profit attributable to shareholders decreased by 35.51% to RMB 9,123,915.77 from RMB 14,148,382.81 in the same period last year[5] - Operating cash flow turned negative at RMB -6,022,076.14, a decline of 188.12% compared to RMB 6,834,079.63 in Q1 2020[10] - The weighted average return on equity decreased by 0.72 percentage points to 0.51% from 1.23%[5] Research and Development - Research and development expenses increased by 125.22% to RMB 42,338,925.41, driven by personnel expansion and integration of a Greek subsidiary[9] - The company has increased its investment in fixed assets and intangible assets by 8115.58% to RMB 15,765,683.03, reflecting a commitment to enhance R&D capabilities[10] Assets and Shareholder Information - Total assets at the end of the reporting period were RMB 2,178,913,022.94, a slight increase of 0.04% from RMB 2,178,008,125.71 at the end of the previous year[5] - The company reported a significant increase in other current assets by 814.31% to RMB 280,161,314.40, attributed to cash management of temporarily raised funds[9] - The number of shareholders reached 20,370 by the end of the reporting period[7] Market Focus - The company plans to continue deepening its focus on the Wi-Fi and Bluetooth markets, expecting further benefits to emerge[9]