Haosen(SH:688529)2021-04-27 16:00Financial Performance - Operating revenue fell by 26.89% to CNY 185,697,279.61 year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 1,305,754.35, a decrease of 107.18% compared to the previous year[6] - The net profit for the current period is -1,514,687.02, a decrease of 108.09% compared to the same period last year, primarily due to a decrease in operating income[12] - The company's operating profit for Q1 2021 was a loss of ¥2,013,988.68, compared to a profit of ¥22,801,475.20 in the same period last year[25] - The net profit for Q1 2021 was a loss of ¥6,949,940.25, compared to a loss of ¥6,268,256.72 in Q1 2020, indicating a worsening of 10.9% year-over-year[28] Cash Flow - The net cash flow from operating activities was negative at CNY -162,704,946.97, compared to CNY -97,608,554.43 in the same period last year[6] - The net cash flow from operating activities is -162,704,946.97, an increase of 66.69% compared to the previous year, mainly due to a decrease in cash received from sales[13] - The cash flow from operating activities showed a net outflow of ¥162,704,946.97 in Q1 2021, compared to a net outflow of ¥97,608,554.43 in Q1 2020, indicating a deterioration of 66.6%[31] Assets and Liabilities - Total assets decreased by 4.30% to CNY 2,599,673,365.73 compared to the end of the previous year[6] - The total liabilities as of March 31, 2021, are 1,552,442,886.53, down from 1,668,846,654.86 at the end of the previous year[21] - The total assets as of Q1 2021 amounted to ¥1,185,886,806.97, a slight decrease from ¥1,203,191,965.30 in the previous year[24] - Total liabilities for Q1 2021 were ¥190,899,474.63, down from ¥202,890,490.11 in Q1 2020, representing a decrease of 5.4%[24] Shareholder Information - The total number of shareholders was 9,569 at the end of the reporting period[9] - The top ten shareholders held a total of 76.76% of the shares, with the largest shareholder holding 15.64%[9] Research and Development - R&D investment accounted for 9.85% of operating revenue, an increase of 3.48 percentage points year-on-year[6] - Research and development expenses increased to ¥18,289,139.33 in Q1 2021, up from ¥16,183,710.80 in Q1 2020, reflecting a growth of 13.0%[25] Financial Stability - The weighted average return on net assets decreased by 5.03 percentage points to -0.13%[6] - Financial expenses decreased by 33.56% to 6,158,110.11, mainly due to reduced interest expenses on bank loans[12] - The company reported a significant decrease in tax expenses, with a current period expense of -508,250.66, a decrease of 112.46% compared to the previous year[12] Future Outlook - Future outlook remains positive with strategic plans for market expansion and potential acquisitions to drive growth[44] - The company emphasizes maintaining financial stability while pursuing innovative technologies and new product launches[44]