QuantumCTek(SH:688027)2021-04-19 16:00Financial Performance - Operating revenue for the period was CNY 4,952,582.48, representing a significant increase of 219.55% year-on-year[16]. - Net profit attributable to shareholders was a loss of CNY 13,442,690.89, compared to a loss of CNY 8,828,236.80 in the same period last year[16]. - The company's net profit for Q1 2021 was CNY -13,491,923.17, compared to CNY -8,896,666.82 in Q1 2020, indicating a worsening financial performance[31]. - The total comprehensive income for Q1 2021 was -CNY 13,491,923.17, compared to -CNY 8,896,666.82 in Q1 2020, reflecting a worsening financial position[52]. - The total comprehensive income for the first quarter of 2021 was -4,547,976.28 CNY, compared to 3,969,619.98 CNY in the same period of 2020[59]. Cash Flow - The net cash flow from operating activities was a negative CNY 36,288,236.53, worsening from a negative CNY 16,714,863.47 year-on-year[16]. - The company's cash flow from operating activities for Q1 2021 was CNY -36,288,236.53, a decline from CNY -16,714,863.47 in Q1 2020, indicating increased cash outflows[31]. - Cash inflows from operating activities totaled 54,471,659.51 CNY, an increase from 40,553,594.14 CNY year-over-year[62]. - Cash outflows from operating activities amounted to 90,759,896.04 CNY, up from 57,268,457.61 CNY in the previous year[62]. - The net cash flow from investment activities was -3,732,966.87 CNY, compared to -139,785,202.56 CNY in the previous year[65]. - The net increase in cash and cash equivalents was -40,021,203.40 CNY, compared to -156,500,066.03 CNY in Q1 2020[64]. - The ending balance of cash and cash equivalents was 764,546,513.92 CNY, up from 325,559,680.82 CNY year-over-year[64]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,900,883,707.40, a decrease of 1.25% compared to the end of the previous year[16]. - Current liabilities decreased from ¥103,354,882.41 to ¥90,673,567.65, a reduction of about 12.3%[39]. - Total liabilities decreased from ¥246,190,545.59 to ¥235,600,915.98, a decrease of approximately 4.3%[39]. - Shareholders' equity decreased from ¥1,678,774,714.59 to ¥1,665,282,791.42, a decline of about 0.8%[39]. - The company's total current assets as of March 31, 2021, were CNY 1,473,509,611.25, slightly down from CNY 1,499,090,574.76 at the end of 2020[34]. Research and Development - Research and development expenses accounted for 349.39% of operating revenue, a decrease of 663.09 percentage points compared to the previous year[18]. - Research and development expenses increased by 63.81% to CNY 15,367,095.75 in Q1 2021, up from CNY 9,380,999.85 in Q1 2020, reflecting ongoing investment in innovation[29]. - Research and development expenses for Q1 2021 amounted to CNY 15,367,095.75, which is a 63.5% increase from CNY 9,380,999.85 in Q1 2020[48]. Shareholder Information - The company had a total of 14,035 shareholders at the end of the reporting period[23]. - The largest shareholder, Zhongke University Asset Management Co., Ltd., held 10,800,000 shares, accounting for 13.5% of total shares[23]. Earnings Per Share - The basic earnings per share were -CNY 0.17, compared to -CNY 0.15 in the same period last year[18]. - The company reported a basic earnings per share of -0.17 in Q1 2021, compared to -0.15 in Q1 2020, indicating a decline in earnings performance[53]. - The company reported a basic earnings per share of 1.56 CNY for the first quarter of 2021[59].