Geovis(SH:688568)2021-04-19 16:00Financial Performance - Operating revenue for the current period reached approximately CNY 99.89 million, representing a significant increase of 165.32% year-on-year[4]. - Net profit attributable to shareholders of the listed company was approximately -CNY 4.67 million, an improvement from -CNY 19.75 million in the same period last year[4]. - The basic earnings per share for the current period was -CNY 0.02, an improvement from -CNY 0.12 in the same period last year[4]. - The company reported a net profit of 204,292,471.56 RMB for Q1 2021, compared to 199,332,319.30 RMB in Q1 2020, reflecting a slight increase of about 2.0%[19]. - The net profit for Q1 2021 was approximately -¥5.48 million, compared to -¥20.02 million in Q1 2020, indicating an improvement of 72.6%[22]. - The total comprehensive income for Q1 2021 was approximately -¥5.48 million, compared to -¥20.02 million in Q1 2020, reflecting a 72.6% improvement[22]. Cash Flow - The net cash flow from operating activities was approximately -CNY 143.89 million, compared to -CNY 94.89 million in the previous year, indicating a worsening cash flow situation[4]. - The net cash flow from operating activities was -143,892,797.64 RMB, compared to -94,892,133.97 RMB in the previous year, indicating a decline of approximately 51.7%[26]. - Total cash inflow from operating activities amounted to 86,936,500.83 RMB, a significant increase from 46,154,715.72 RMB, representing an increase of about 88.5%[26]. - Cash outflow from operating activities totaled 230,829,298.47 RMB, up from 141,046,849.69 RMB, reflecting a rise of approximately 63.7%[26]. - The company reported a financial expense of approximately -¥2.67 million in Q1 2021, compared to ¥0.93 million in Q1 2020, indicating a significant reduction in financial costs[23]. Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 1.61 billion, a decrease of 4.60% compared to the end of the previous year[4]. - The total assets decreased to ¥1,611,678,883.03 from ¥1,689,417,147.63, indicating a reduction in overall asset value[15]. - Total liabilities as of March 31, 2021, were 344,099,790.62 RMB, compared to 405,829,185.15 RMB in the previous year, showing a reduction of approximately 15.2%[18]. - Total liabilities reached approximately 406.07 million, reflecting a minor increase of 236,673.72[35]. - Total current assets amounted to ¥1,601,815,345.80, showing a slight decrease of ¥275,259.72 compared to the previous period[30]. Shareholder Information - The total number of shareholders at the end of the reporting period was 15,841[7]. - The top three shareholders held a combined 68.00% of the shares, indicating a concentrated ownership structure[7]. - The total equity attributable to shareholders was 1,200,318,772.51 RMB, an increase from 1,191,197,119.60 RMB in Q1 2020, representing a growth of about 0.9%[19]. Research and Development - Research and development expenses accounted for 23.18% of operating revenue, a decrease of 17.14 percentage points compared to the previous year[4]. - Research and development expenses increased by 30.98% to ¥19,882,312.28 from ¥15,180,084.54, driven by a rise in personnel and related costs[12]. - Research and development expenses for Q1 2021 were approximately ¥10.06 million, a decrease of 10% from ¥11.18 million in Q1 2020[23]. Government Support - The company reported government subsidies recognized in the current period amounting to approximately CNY 6.84 million[5].