苏州科达(603660) - 2021 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2021 reached RMB 549.81 million, an increase of 52.50% compared to RMB 360.55 million in the same period last year[8] - Net profit attributable to shareholders was a loss of RMB 38.61 million, improving from a loss of RMB 96.39 million year-on-year[8] - Operating revenue increased by 52.50% year-on-year, primarily due to the recovery of business operations after the pandemic[10] - Operating costs rose by 40.61% year-on-year, reflecting the normalization of production and sales activities[11] - Financial expenses surged by 829.01% year-on-year, mainly due to interest accrued on convertible bond financing[13] - Investment income grew by 142.20% year-on-year, attributed to returns from purchased financial products[14] - Tax expenses rose by 85.23% year-on-year, driven by the increase in operating revenue[12] - The company reported a total comprehensive loss of ¥40,380,699.43 for Q1 2021, compared to a loss of ¥97,615,915.25 in Q1 2020[33] - Operating profit for Q1 2021 was -¥37,600,300.56, an improvement from -¥100,467,799.26 in Q1 2020[32] Cash Flow and Liquidity - Cash flow from operating activities showed a net outflow of RMB 115.99 million, compared to an outflow of RMB 92.22 million in the previous year[8] - The net cash flow from financing activities decreased by 116.50% year-on-year, as no new financing activities were conducted during the reporting period[19] - The cash and cash equivalents at the end of Q1 2021 were ¥272.32 million, down from ¥817.39 million at the end of Q1 2020, indicating a liquidity contraction[40] - The company experienced a net decrease in cash and cash equivalents of -¥323.25 million in Q1 2021, compared to an increase of ¥503.98 million in Q1 2020[40] - The total cash outflow from operating activities increased to ¥767.35 million in Q1 2021, up from ¥618.91 million in Q1 2020, reflecting higher operational costs[39] Assets and Liabilities - Total assets decreased by 6.44% to RMB 3.30 billion from RMB 3.53 billion at the end of the previous year[8] - Net assets attributable to shareholders decreased by 4.14% to RMB 1.84 billion from RMB 1.92 billion at the end of the previous year[8] - Current liabilities decreased from CNY 1,002,597,650.42 to CNY 852,559,960.64, a reduction of about 14.9%[26] - Total liabilities decreased from CNY 2,526,695,968.59 to CNY 2,399,182,136.01, a decline of about 5%[30] - Shareholders' equity decreased from CNY 782,145,388.81 to CNY 709,641,580.12, a reduction of approximately 9.3%[30] Shareholder Information - The total number of shareholders reached 29,188 by the end of the reporting period[12] - The company repurchased a total of 5,970,305 shares, accounting for 1.1958% of the total share capital, with a total transaction amount of approximately RMB 40.95 million[21] Investments and Projects - Ongoing construction projects increased by 77.46% compared to the beginning of the period, driven by investments from convertible bond fundraising projects[14] - Cash flow from investment income increased by 47.44% year-on-year, reflecting higher returns from financial products[20] - The company established a wholly-owned subsidiary, Ruishi Technology, with a registered capital increase from RMB 90 million to RMB 150 million[17] - Long-term investments increased from CNY 302,906,471.09 to CNY 531,207,288.28, an increase of approximately 75.4%[29] Other Financial Metrics - The company reported a weighted average return on equity of -2.03%, an improvement from -5.42% in the same period last year[8] - R&D expenses rose to ¥173,808,024.85, representing an increase of 9.5% compared to ¥158,386,886.03 in Q1 2020[32] - Basic and diluted earnings per share were both -¥0.0781, compared to -¥0.1914 in the previous year[33] - The company experienced a credit impairment loss of -¥5,623,800.40, worsening from -¥541,331.41 in Q1 2020[32] - Other income decreased to ¥20,100,146.74 from ¥21,760,426.49 in the previous year[32]