BROADV(SH:688004)2021-04-26 16:00Financial Performance - Operating revenue increased by 31.35% to CNY 23.93 million year-on-year[5] - Net profit attributable to shareholders was CNY -5.02 million, a decline from CNY -2.14 million in the same period last year[5] - Basic and diluted earnings per share were both CNY -0.09, compared to CNY -0.05 in the previous year[5] - Total operating revenue for Q1 2021 was RMB 23,928,879.25, an increase of 31.5% compared to RMB 18,217,124.36 in Q1 2020[23] - Net loss for Q1 2021 was RMB 5,024,428.08, compared to a net loss of RMB 2,141,284.10 in Q1 2020, representing a 134.5% increase in losses[24] - Operating profit for Q1 2021 was RMB -5,149,393.22, compared to RMB -2,218,730.44 in Q1 2020[24] - Total profit for Q1 2021 was RMB -5,136,193.22, compared to RMB -2,213,786.24 in Q1 2020[24] Cash Flow - The net cash flow from operating activities improved to CNY -51.51 million from CNY -56.64 million year-on-year[5] - Total cash inflow from operating activities was $32,966,036.69, down from $40,923,467.96, indicating a decline of about 19.5%[28] - Cash outflow from operating activities totaled $84,478,468.84, compared to $97,558,902.31 in the previous year, reflecting a decrease of approximately 13.4%[28] - The net cash flow from operating activities was -$51,512,432.15, slightly improved from -$56,635,434.35 year-over-year[28] - Cash inflow from investment activities reached $311,087,606.93, significantly higher than $99,320,157.80 in the previous year, marking an increase of about 213%[29] - The net cash flow from investment activities was -$499,853.41, a notable improvement from -$40,810,511.19 year-over-year[29] - The net increase in cash and cash equivalents was -$52,012,285.56, compared to -$97,445,945.54 in the previous year, indicating a reduction in cash outflow by about 46.5%[29] Assets and Liabilities - Total assets decreased by 5.62% to CNY 755.90 million compared to the end of the previous year[5] - The total amount of accounts payable decreased by 44.02% to CNY 23,454,570.52 from CNY 41,901,591.70, influenced by the timing of payments[11] - Current liabilities reduced significantly from ¥88,197,077.97 to ¥48,178,880.74, a decrease of about 45.4%[18] - Total liabilities remained the same at ¥48,178,880.74, indicating no new long-term debt[18] - Total equity decreased from ¥712,744,107.47 to ¥707,719,679.39, a decline of about 0.7%[18] - Non-current assets increased from ¥19,540,099.22 to ¥46,387,453.87, an increase of about 137.5%[18] Shareholder Information - The total number of shareholders at the end of the reporting period was 5,364[9] - The largest shareholder, Sun Chuanming, holds 10 million shares, accounting for 17.61% of the total shares[9] Research and Development - R&D expenditure as a percentage of operating revenue decreased by 8.21 percentage points to 42.27%[5] - Research and development expenses for Q1 2021 were RMB 10,115,922.05, an increase of 9.9% from RMB 9,196,807.88 in Q1 2020[23] Other Income and Expenses - Financial expenses decreased significantly to CNY -2,276,750.15 from CNY -81,126.22, a change of -2,706.43%, attributed to improved cash management and increased interest income from deposits[12] - Other income dropped by 64.66% to CNY 2,744,684.76, down from CNY 7,766,272.26, mainly due to the absence of VAT refunds received in the previous year[12] - Investment income decreased by 39.80% to CNY 730,210.14 from CNY 1,212,990.00, reflecting a reduction in structured deposit returns during the reporting period[12]