时空科技(605178) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue increased by 2.67% to CNY 14,517.00 million year-on-year[5] - Net profit attributable to shareholders decreased by 75.42% to CNY 474.90 million compared to the same period last year[5] - Basic earnings per share dropped by 80.56% to CNY 0.07[7] - The company reported an increase in undistributed profits from $703.8 million to $708.5 million, a growth of approximately 0.9%[32] - Total operating revenue for Q1 2021 was RMB 145,170,041.28, a slight increase of 2.0% compared to RMB 141,387,994.96 in Q1 2020[34] - Net profit for Q1 2021 decreased to RMB 4,676,836.24, down 75.8% from RMB 19,319,829.91 in Q1 2020[35] - Basic and diluted earnings per share for Q1 2021 were both RMB 0.07, compared to RMB 0.36 in Q1 2020[36] - Operating profit for Q1 2021 was RMB 3,791,881.99, a significant decline from RMB 23,519,306.83 in Q1 2020[35] - The total comprehensive income for Q1 2021 was RMB 4,676,836.24, down from RMB 19,319,829.91 in Q1 2020[35] Asset and Liability Changes - Total assets decreased by 5.05% to CNY 262,405.50 million compared to the end of the previous year[5] - Total assets decreased from $2,763.7 million to $2,624.1 million, a decline of approximately 5.0%[26] - Current liabilities decreased from $694.6 million to $554.8 million, a reduction of about 20.1%[26] - Total liabilities decreased from $699.7 million to $554.8 million, a decline of about 20.7%[27] - Non-current liabilities totaled $5.1 million, unchanged from the previous period[27] - Total equity increased slightly from $2,063.9 million to $2,069.2 million, reflecting a growth of approximately 0.6%[27] - Cash and cash equivalents decreased from $585.0 million to $516.2 million, a decline of about 11.8%[30] - Contract assets increased from $1,188.1 million to $1,225.9 million, an increase of approximately 3.2%[30] Cash Flow Analysis - The net cash flow from operating activities was negative at CNY -14,373.57 million, compared to CNY -7,149.21 million in the previous year[5] - In Q1 2021, the cash inflow from operating activities was CNY 108,422,355.95, a decrease of 11.1% compared to CNY 121,915,192.22 in Q1 2020[42] - The cash outflow from operating activities increased to CNY 252,158,097.67, up 30.4% from CNY 193,407,320.01 in the same period last year[42] - The net cash flow from operating activities was -CNY 143,735,741.72, worsening from -CNY 71,492,127.79 in Q1 2020[42] - Cash received from operating activities increased by 526.19% to ¥10,107,412.76, driven by government subsidies and interest income[21] - Cash paid for purchasing goods and services rose by 39.89% to ¥197,446,921.32 due to increased procurement[21] - The total cash and cash equivalents at the end of Q1 2021 were CNY 485,678,951.43, a decrease from CNY 43,270,751.33 in Q1 2020[43] Expense Trends - The average gross profit margin for projects in the first quarter of 2021 was lower than the same period last year, leading to a decline in gross profit[13] - The company increased its investment in industry expansion and strategic layout, resulting in a significant rise in various period expenses compared to the previous year[14] - Sales expenses increased by 30.05% to ¥13,675,608.34 compared to the same period last year, influenced by pandemic-related cost reductions[17] - Management expenses surged by 88.49% to ¥19,995,018.07 as the company expanded new business and increased hiring[17] - R&D expenses rose by 38.63% to ¥9,061,016.19, reflecting a recovery from pandemic impacts[17] Shareholder Information - The company reported a total of 14,578 shareholders at the end of the reporting period[11] - The top shareholder, Gongdianhai, holds 37.45% of the shares, totaling 26,548,992 shares[11] Investment Activities - The company plans to continue investing in new products and technologies to drive future growth[22] - The company received CNY 530,000,000.00 from investment recoveries in Q1 2021, with no comparable figure in Q1 2020[45] - The company paid CNY 407,000,000.00 for investments in Q1 2021, with no prior year data available[45]