佳华科技(688051) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period was ¥108,184,242.57, representing a decrease of 21.32% year-on-year[7] - Net profit attributable to shareholders was ¥4,105,306.50, down 83.74% from the previous year[7] - Basic earnings per share decreased by 76.60% to ¥0.11 compared to ¥0.47 in the same period last year[7] - Net profit for the period decreased by 71.67% to ¥7,778,415.91 compared to the same period last year, primarily due to a reduction in profit[16] - Net profit for Q1 2021 was ¥7,778,415.91, down 71.6% from ¥27,458,835.37 in Q1 2020[31] - Total operating revenue for Q1 2021 was ¥108,184,242.57, a decrease of 21.3% compared to ¥137,493,257.32 in Q1 2020[29] - The company reported a significant increase in prepayments, rising to RMB 113,330,410.43 from RMB 16,489,600.57, an increase of approximately 586.5%[21] - The company reported an investment income of ¥2,735,847.27 in Q1 2021, compared to a loss of ¥4,864.04 in Q1 2020[29] Cash Flow - The net cash flow from operating activities was negative at -¥101,283,963.27, compared to -¥93,398,479.00 in the previous year[7] - The company reported a net cash flow from investment activities of ¥42,799,736.82, a significant improvement compared to the previous year's negative cash flow[17] - Cash inflows from operating activities amounted to CNY 88,372,271.18, a significant increase from CNY 43,159,775.03 in the same period last year[35] - Cash outflows from investing activities were CNY 856,802,647.97, resulting in a net cash flow of CNY 42,799,736.82 from investing activities[36] - The net cash flow from financing activities was negative CNY 24,781,324.10, a decline from positive CNY 882,745,743.66 in Q1 2020[36] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,001,576,627.30, a slight increase of 0.15% compared to the previous year[7] - Cash and cash equivalents decreased by 39.39% from the previous year, totaling ¥211,890,254.43, primarily due to increased procurement during the period[14] - Accounts receivable increased by 45.26% to ¥15,085,386.66, mainly due to an increase in bank acceptance bills held[14] - Long-term equity investments rose significantly by 3,142.69% to ¥1,525,804.09, due to new investments in joint ventures[14] - Total liabilities decreased significantly, with short-term borrowings reduced to zero, reflecting repayment of loans[15] - Total liabilities decreased to RMB 496,939,984.99 from RMB 501,329,333.85, a reduction of about 0.9%[23] - Total current liabilities were CNY 448,102,666.72, which is an increase of CNY 3,563,904.51 from the previous period[43] Shareholder Information - The total number of shareholders at the end of the reporting period was 5,843[11] - The largest shareholder, Shanghai Baiyu Information Technology Co., Ltd., held 31.63% of the shares[11] Research and Development - Research and development expenses accounted for 25.15% of operating revenue, an increase of 15.70 percentage points year-on-year[7] - Research and development expenses rose to ¥15,172,290.70 in Q1 2021, up 16.3% from ¥12,986,451.14 in Q1 2020[29] Financial Ratios - The weighted average return on net assets decreased to 0.55% from 1.93% in the previous year[7] - The company’s financial expenses decreased by 94.37% to ¥126,961.79, mainly due to increased interest income[16] - Total equity reached ¥1,145,651,646.13 in Q1 2021, slightly up from ¥1,143,173,367.50 in Q1 2020[29] Accounting Changes - The company adopted the new leasing standard effective January 1, 2021, which did not significantly impact its financial position or cash flows[48] - The company adjusted its financial statements for the cumulative effect of the new leasing standard without altering comparative period information[48] - The company has not reported any significant changes in its financial results due to the new accounting policy[49]