烽火电子(000561) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥185,470,341.68, representing a 207.34% increase compared to ¥59,041,504.58 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥14,896,662.20, an improvement from a loss of ¥52,902,239.91 in the previous year[8] - The basic and diluted earnings per share were both -¥0.02, unchanged from -¥0.09 in the previous year[8] - Operating revenue for the first quarter reached ¥185,470,341.68, a significant increase of 207.34% compared to ¥60,346,956.34 in the same period last year, primarily due to the impact of the pandemic on last year's performance[19] - The company's net loss for Q1 2021 was CNY 13,755,155.32, an improvement compared to a net loss of CNY 57,286,364.34 in Q1 2020[41] - The total comprehensive loss for Q1 2021 was CNY 20,120,499.08, compared to a loss of CNY 62,399,495.59 in the previous year, indicating a reduction in losses[42] Cash Flow - The net cash flow from operating activities was negative at ¥78,806,806.41, compared to a negative cash flow of ¥45,728,945.00 in the same period last year[8] - Cash flow from operating activities showed a net outflow of CNY 78,806,806.41, worsening from a net outflow of 49,940,581.98 in the same period last year[48] - The total cash inflow from operating activities was CNY 345,982,348.01, compared to CNY 222,182,224.10 in the same period last year, indicating a growth of 55.7%[48] - Total cash inflow from operating activities was CNY 285,400,762.01, while total cash outflow was CNY 307,895,038.62, resulting in a net cash outflow of CNY 22,494,276.61[51] - The company's cash flow from operating activities showed a positive trend, with a significant increase in cash received from sales[51] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,540,720,631.54, a decrease of 0.89% from ¥3,572,525,830.26 at the end of the previous year[8] - The total liabilities decreased slightly, with short-term borrowings at ¥20,000,000.00, down from ¥21,000,000.00, reflecting a stable debt management approach[32] - The total assets as of March 31, 2021, were CNY 2,908,547,237.81, slightly up from CNY 2,898,143,458.78 at the end of 2020[38] - The total liabilities decreased to CNY 1,399,286,713.74 from CNY 1,380,272,667.46 at the end of 2020, reflecting a reduction in financial obligations[38] Shareholder Information - The total number of shareholders at the end of the reporting period was 50,371[12] - The largest shareholder, Shaanxi Fenghuo Communication Group Co., Ltd., held 41.69% of the shares, totaling 110,000,000 shares[13] Government Subsidies - The company reported non-operating income of ¥6,221,758.49 from government subsidies during the reporting period[10] - The company received government subsidies amounting to ¥6,438,459.15, a 616.67% increase from ¥898,381.72 in the previous year, contributing positively to other income[19] Investment and Financing Activities - The company did not engage in any securities or derivative investments during the reporting period, indicating a conservative investment strategy[22][23] - The company raised CNY 20,000,000.00 through borrowings in Q1 2021, compared to CNY 11,000,000.00 in the same period last year, showing an 81.8% increase in financing activities[49] - The company received CNY 10,000,000.00 from borrowings during the financing activities[52] Research and Development - Research and development expenses for Q1 2021 were CNY 35,986,708.91, compared to CNY 29,741,296.78 in Q1 2020, marking an increase of about 21%[41] - Research and development expenses for Q1 2021 were CNY 18,831,039.40, compared to CNY 16,708,279.28 in the previous year, reflecting a 12.7% increase[44] Compliance and Governance - The company has not reported any non-compliance issues regarding external guarantees or misuse of funds by major shareholders during the reporting period[25][26] - The first quarter report was not audited, indicating that the figures may be subject to further review[53]