Financial Performance - Operating revenue for the period was CNY 21,380,793.91, reflecting a 17.37% increase from CNY 18,217,289.41 in the same period last year[6] - Net profit attributable to shareholders was a loss of CNY 11,879,813.84, compared to a loss of CNY 3,140,193.99 in the previous year[6] - Basic and diluted earnings per share were both CNY -0.16, a 220.00% increase from CNY -0.05 in the previous year[6] - Total revenue for Q1 2021 was CNY 21,380,793.91, an increase of 17.8% compared to CNY 18,217,289.41 in Q1 2020[35] - Net loss for Q1 2021 was CNY 12,003,118.17, compared to a net loss of CNY 2,861,536.20 in Q1 2020, representing a significant increase in losses[36] - Operating profit for Q1 2021 was CNY -14,140,879.34, worsening from CNY -3,922,888.13 in Q1 2020[36] Assets and Liabilities - Total assets increased by 90.92% to CNY 813,777,954.91 compared to the end of the previous year[6] - Net assets attributable to shareholders rose by 149.06% to CNY 725,585,468.90 year-over-year[6] - The company's total liabilities decreased by 48.49% for notes payable, primarily due to the maturity of notes during the reporting period[17] - Total assets as of Q1 2021 were CNY 726,884,290.77, a substantial increase from CNY 272,976,729.87 in the previous year[32] - Total liabilities for Q1 2021 amounted to CNY 41,350,412.81, up from CNY 32,597,750.79 in Q1 2020[32] - The company's total liabilities decreased to 88,304,865.05 RMB from 134,897,920.18 RMB at the end of 2020[28] Cash Flow - The company reported a net cash flow from operating activities of CNY -66,428,068.41, compared to CNY -42,078,669.24 in the previous year[6] - Cash flow from financing activities amounted to 428,658,404.84 RMB, primarily due to the increase from the IPO fundraising[21] - Cash flow from operating activities showed a net outflow of -¥66,428,068.41, worsening from -¥42,078,669.24 in Q1 2020[44] - Cash flow from investing activities resulted in a net outflow of -¥73,457,288.71, an improvement from -¥126,847,069.47 in Q1 2020[45] - The net increase in cash and cash equivalents for Q1 2021 was CNY 270,567,484.21, compared to a decrease of CNY 112,643,266.67 in Q1 2020[49] Research and Development - R&D expenditure accounted for 32.08% of operating revenue, an increase of 3.37 percentage points from the previous year[6] - Research and development expenses grew by 31.16% to ¥6,859,044.89, reflecting an increase in employee numbers and salaries[18] - Research and development expenses for Q1 2021 were CNY 6,859,044.89, compared to CNY 5,229,326.99 in Q1 2020, indicating a focus on innovation[35] Shareholder Information - The total number of shareholders reached 7,587 as of the report date[12] - The top shareholder, Ren Bin, holds 23.41% of the shares, totaling 20,502,000 shares[12] Company Strategy - The company aims to become a global leader in drone systems and services, focusing on technological and product innovation[18] - The company is actively expanding its market channels and optimizing its organizational structure to strengthen its position in the industrial drone sector[18]
纵横股份(688070) - 2021 Q1 - 季度财报