RoadMainT(SH:603860)2021-04-29 16:00Financial Performance - Operating revenue increased by 112.31% to CNY 22,884,711.60 compared to the same period last year[5] - Net profit attributable to shareholders was CNY -5,694,973.13, an improvement from CNY -10,541,737.04 in the previous year[5] - Basic and diluted earnings per share were both CNY -0.09, compared to CNY -0.16 in the previous year[5] - Revenue for Q1 2021 reached ¥22,884,711.60, a 112.31% increase compared to ¥10,778,776.53 in the same period last year[12] - Net profit for Q1 2021 was -¥6,319,016.92, showing a 45.92% improvement from -¥11,685,541.33 in the previous year[12] - The net loss for Q1 2021 was CNY 6,319,016.92, an improvement compared to a net loss of CNY 11,685,541.33 in Q1 2020, reflecting a reduction in losses of approximately 46.0%[23] - The net profit for Q1 2021 was -4,603,410.09 CNY, compared to -8,786,397.12 CNY in the same period last year, reflecting a year-over-year loss reduction of about 47.5%[26] Assets and Liabilities - Total assets decreased by 2.94% to CNY 766,299,022.12 compared to the end of the previous year[5] - Total assets as of March 31, 2021, were ¥766,299,022.12, down from ¥789,495,121.14 at the end of 2020[16] - Current liabilities decreased to ¥69,854,072.39 from ¥86,274,712.32, indicating improved financial management[16] - The total equity attributable to shareholders was ¥659,108,415.08, slightly down from ¥664,803,388.21[16] - The total assets decreased to CNY 752,370,791.92 from CNY 774,262,433.52, a decline of about 2.8%[20] - Total liabilities decreased to CNY 87,936,691.32 from CNY 105,224,922.83, a reduction of approximately 16.4%[20] Cash Flow - Cash received from sales increased by 38.56% to ¥28,802,298.18 compared to ¥20,786,402.00 in the same period last year[12] - Cash flow from operating activities in Q1 2021 was -22,762,786.34 CNY, an improvement from -31,979,133.99 CNY in Q1 2020, showing a 29.0% reduction in negative cash flow[27] - The total cash inflow from operating activities was 29,919,730.43 CNY in Q1 2021, up from 22,351,726.61 CNY in Q1 2020, representing a growth of approximately 33.5%[27] - The company reported cash outflows from operating activities totaling 52,682,516.77 CNY in Q1 2021, slightly down from 54,330,860.60 CNY in Q1 2020, indicating a decrease of about 3.0%[28] - Cash flow from investing activities in Q1 2021 was -23,197,443.28 CNY, compared to a positive inflow of 125,023,470.24 CNY in Q1 2020, marking a significant shift in investment cash flow[28] - The company’s cash and cash equivalents at the end of Q1 2021 stood at 204,072,141.77 CNY, down from 258,338,550.46 CNY at the end of Q1 2020, a decrease of approximately 21.0%[28] Government Support and Expenses - The company received government subsidies amounting to CNY 882,051.30, which are closely related to its normal business operations[5] - Employee compensation payable decreased by 65.13% to CNY 5,509,784.97, primarily due to the payment of year-end bonuses[11] - Tax payable decreased by 64.65% to CNY 2,582,680.08, mainly due to the payment of this year's taxes[11] - The company's research and development expenses for Q1 2021 were 2,827,457.49 CNY, slightly up from 2,813,368.94 CNY in Q1 2020, indicating a stable investment in R&D[26] Market Strategy - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[12] - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[22] Shareholder Information - The total number of shareholders was 4,870, with the largest shareholder holding 46.24% of the shares[9]