Financial Performance - Operating revenue increased by 6.61% to CNY 30.56 million year-on-year[5] - Net profit attributable to shareholders was CNY -15.80 million, a decrease of 546.99% compared to the previous year[5] - Basic earnings per share were CNY -0.36, down 427.27% from CNY 0.11 in the same period last year[7] - The company achieved operating revenue of 30,557,807.05 CNY in Q1 2021, an increase of 6.61% year-on-year compared to 28,663,513.47 CNY in Q1 2020[25] - The net profit attributable to shareholders was -15,798,068.43 CNY in Q1 2021, a decrease of 546.99% compared to a profit of 3,534,304.41 CNY in Q1 2020[25] - The net profit excluding non-recurring gains and losses was -15,923,253.84 CNY in Q1 2021, down 735.52% from the previous year[25] - The company reported a net loss of CNY 15,798,068.43 in comprehensive income for Q1 2021, compared to a profit of CNY 3,534,304.41 in Q1 2020[26] - Basic and diluted earnings per share were both CNY -0.36 for Q1 2021, down from CNY 0.11 in Q1 2020[26] Assets and Liabilities - Total assets decreased by 2.06% to CNY 856.69 million compared to the end of the previous year[5] - The total liabilities were 29,807,956.84 CNY as of March 31, 2021, compared to 33,826,316.82 CNY previously[23] - The company’s cash and cash equivalents amounted to 647,646,479.86 CNY, down from 666,368,880.88 CNY[22] - The company’s equity attributable to shareholders was 826,885,376.32 CNY, a decrease from 840,892,365.06 CNY[23] - Accounts receivable decreased by 82.73% to RMB 269,594.94 due to the expiration of commercial acceptance bills[14] - Other non-current assets decreased by 45.81% to RMB 1,127,303.64 as a result of the recovery of prepaid goods[14] Cash Flow - Net cash flow from operating activities was CNY -15.69 million, worsening by 35.56% compared to the previous year[5] - Net cash flow from operating activities was CNY -15,694,082.42 in Q1 2021, compared to CNY -11,577,339.82 in Q1 2020[29] - Cash inflow from operating activities totaled CNY 36,143,191.78, an increase of 49% from CNY 24,246,458.08 in Q1 2020[27] - Cash outflow from operating activities increased to CNY 51,837,274.20, up from CNY 35,823,797.90 in Q1 2020[27] - The company recorded a net cash flow from investing activities of CNY -2,628,318.60 in Q1 2021, compared to CNY 407,751.01 in Q1 2020[29] - The company received CNY 100,000,000.00 from investment recoveries in Q1 2021, slightly down from CNY 110,000,000.00 in Q1 2020[29] - The company paid CNY 400,000.00 related to financing activities in Q1 2021, with no cash inflow recorded[29] Expenses - R&D expenses accounted for 49.12% of operating revenue, an increase of 18.61 percentage points year-on-year[7] - Operating costs rose by 36.91% to RMB 9,918,429.25 mainly due to increased salaries for technical and customer service staff[15] - Sales expenses surged by 148.80% to RMB 16,902,118.28 driven by the increase in sales personnel[15] - R&D expenses increased by 71.64% to RMB 15,010,868.42 as a result of hiring more technical service staff[15] - Financial income increased by 2,279.07% to RMB -3,844,545.89 due to growth in bank deposits and interest income[15] Shareholder Information - The total number of shareholders at the end of the reporting period was 2,598[11] - The top shareholder, Li Kai, holds 23.12% of the shares, totaling 10,266,270 shares[11] Management Changes - The company appointed Mr. Wu Jingtao as COO and independent director replacements were made due to resignations[16] Future Outlook - The company anticipates a significant change in cumulative net profit by the end of the next reporting period, primarily due to increased personnel costs and market competition[17] - The company implemented an equity incentive plan in February 2021, granting 1,212,400 restricted shares at a price of 60.86 CNY per share to 74 participants[17]
博睿数据(688229) - 2021 Q1 - 季度财报