云涌科技(688060) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 36,632,242.71, down 13.35% year-on-year[5] - Net profit attributable to shareholders was CNY 5,634,295.64, a decrease of 52.93% compared to the same period last year[5] - Basic earnings per share were CNY 0.0954, reflecting a decline of 65.50% year-on-year[5] - The net cash flow from operating activities was CNY -16,388,935.30, representing a decrease of 21.56% year-on-year[5] - Total operating revenue for Q1 2021 was CNY 36,632,242.71, a decrease of 13.0% compared to CNY 42,273,804.93 in Q1 2020[30] - Net profit for Q1 2021 was CNY 5,735,380.88, down 54.0% from CNY 12,444,333.79 in Q1 2020[31] - The total comprehensive income for Q1 2021 was CNY 8,500,499.38, compared to CNY 8,463,930.29 in Q1 2020, showing a slight increase of 0.4%[35] Assets and Liabilities - Total assets at the end of the reporting period were CNY 969,266,233.31, a decrease of 1.07% compared to the end of the previous year[5] - Cash and cash equivalents decreased by 88.66% to ¥38,830,820.99 from ¥342,489,900.41 due to the use of idle funds for cash management[13] - The company reported a total asset value of ¥969,266,233.31 as of March 31, 2021, slightly down from ¥979,771,614.42 at the end of 2020[21] - The total liabilities decreased to ¥43,741,707.47 as of March 31, 2021, from ¥61,769,067.32 at the end of 2020, indicating improved financial stability[23] - The company's total liabilities amounted to CNY 61,769,067.32, compared to CNY 63,805,037.72 at the beginning of the year, indicating a reduction in liabilities[44] Shareholder Information - The total number of shareholders at the end of the reporting period was 7,988[10] - The top shareholder, Gao Nan, held 20,250,000 shares, representing 33.75% of the total shares[11] - The company’s equity attributable to shareholders increased to ¥923,725,345.03 as of March 31, 2021, compared to ¥918,002,547.10 at the end of 2020, reflecting retained earnings growth[24] Research and Development - Research and development expenses accounted for 20.20% of operating revenue, an increase of 12.19 percentage points compared to the previous year[6] - Research and development expenses increased by 118.47% to ¥7,398,065.42 from ¥3,386,294.70, reflecting increased investment in R&D personnel and projects[15] - Research and development expenses rose significantly to CNY 7,398,065.42 in Q1 2021, compared to CNY 3,386,294.70 in Q1 2020, reflecting a 118.5% increase[31] Cash Flow Management - The company's cash management strategy involved utilizing idle funds for investment, leading to a significant cash recovery of ¥328,000,000.00 during the reporting period[17] - The company experienced a net cash outflow of CNY 304,211,802.86 in Q1 2021, compared to CNY -15,684,153.48 in Q1 2020, indicating a significant increase in cash outflow[37] - The net cash flow from operating activities was negative at CNY -16,388,935.30 for Q1 2021, compared to CNY -13,482,631.18 in Q1 2020[36] Other Financial Metrics - The weighted average return on net assets was 0.6215%, a decrease of 4.4 percentage points compared to the previous year[5] - The company reported non-recurring gains of CNY 88,502.29 during the period[9] - The company reported a significant increase in credit impairment losses, which rose by 322.42% to ¥1,219,621.18 from ¥288,723.98, indicating higher bad debt provisions[15] - The company reported a significant increase in cash received from sales, totaling CNY 58,496,052.32 in Q1 2021, compared to CNY 37,369,763.48 in Q1 2020, an increase of 56.5%[36] Operational Changes - The company has adopted new leasing standards starting in 2021, which has resulted in the recognition of lease liabilities and corresponding right-of-use assets[44] - The company is focusing on improving cash flow management and reducing operational losses in the upcoming quarters[39] - There are no indications of market expansion or mergers and acquisitions in the current report[49]