Haosen(SH:688529)2023-01-06 16:00Financial Performance - Operating revenue fell by 12.73% to CNY 221,663,976.63 year-on-year[5] - Net profit attributable to shareholders decreased by 54.76% to CNY 8,222,612.21 compared to the same period last year[5] - The net profit for the current period is 8,013,679.54, a decrease of 57.18% compared to the same period last year, primarily due to a decrease in operating income[13] - Net profit for Q1 2021 was CNY 8.01 million, a decline of 57.3% from CNY 18.71 million in Q1 2020[28] - Basic and diluted earnings per share decreased by 68.42% to CNY 0.06[5] - Basic earnings per share for Q1 2021 were CNY 0.06, compared to CNY 0.19 in Q1 2020[29] Assets and Liabilities - Total assets decreased by 4.83% to CNY 2,585,412,350.81 compared to the end of the previous year[5] - The total assets decreased from 2,716,588,401.51 to 2,585,412,350.81, reflecting a reduction in both current and non-current assets[22] - The total liabilities decreased from 1,668,846,654.86 to 1,528,653,505.05, indicating a reduction in financial obligations[22] - The company's total assets as of March 31, 2021, were CNY 1.19 billion, a decrease from CNY 1.20 billion at the end of 2020[24] - Current liabilities totaled ¥1,610,738,111.93, a marginal increase from ¥1,609,027,538.48, indicating a stable short-term financial position[41] Cash Flow - Net cash flow from operating activities was negative at CNY -162,704,946.97, compared to CNY -97,608,554.43 in the previous year[5] - The net cash flow from operating activities was -¥11,037,058.24, a significant decrease compared to ¥19,842,162.03 in the previous period, indicating a decline in operational efficiency[38] - Cash flow from operating activities showed a net outflow of -¥162.70 million in Q1 2021, compared to -¥97.61 million in Q1 2020, indicating a worsening cash position[34] - The company reported cash inflow from operating activities of ¥14,803,783.38, which is lower than the previous period's ¥30,415,146.26, indicating a decline in operational cash generation[38] Shareholder Information - The total number of shareholders reached 9,569 at the end of the reporting period[10] - The top ten shareholders held a combined 66.76% of the shares, with the largest shareholder owning 15.64%[10] Research and Development - Research and development expenses accounted for 9.85% of operating revenue, an increase of 3.48 percentage points[5] - Research and development expenses increased to CNY 18.29 million, up from CNY 16.18 million in Q1 2020, reflecting a focus on innovation[28] - Research and development expenses increased to ¥1.62 million in Q1 2021 from ¥1.48 million in Q1 2020, reflecting a growth of 9.5%[31] Financial Expenses and Income - Financial expenses decreased by 33.56% to 6,158,110.11, mainly due to reduced interest expenses on bank loans[13] - Interest income increased significantly by 667.76% to 723,468.83, attributed to increased investments in financial products[13] Other Financial Metrics - The weighted average return on net assets dropped by 4.12 percentage points to 0.78%[5] - Total operating costs for Q1 2021 were CNY 212.63 million, down 7.8% from CNY 230.56 million in Q1 2020[27] - The company's equity totaled CNY 994.99 million, down from CNY 1.00 billion at the end of 2020[25]