ST中嘉(000889) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥588,189,419.30, representing a 19.87% increase compared to ¥490,699,699.44 in the same period last year[8] - Net profit attributable to shareholders was ¥15,359,346.26, a significant turnaround from a loss of ¥22,767,645.90 in the previous year, marking a 167.46% improvement[8] - The net profit after deducting non-recurring gains and losses was ¥9,859,985.23, compared to a loss of ¥24,723,437.01 last year, reflecting a 139.88% increase[8] - The basic earnings per share increased to ¥0.0164 from a loss of ¥0.0243, showing a 167.49% improvement[8] - The weighted average return on equity rose to 0.65%, an increase of 1.64 percentage points from -0.99% in the previous year[8] - The operating profit for Q1 2021 was 20,142,941.15 CNY, compared to an operating loss of 25,160,551.74 CNY in the previous year, indicating a turnaround in operational performance[39] - The total profit for Q1 2021 was 19,917,467.45 CNY, compared to a total loss of 23,771,109.52 CNY in the same quarter last year[39] Cash Flow and Liquidity - The net cash flow from operating activities was -¥232,940,333.64, worsening by 69.93% compared to -¥137,082,702.54 in the same period last year[8] - Cash and cash equivalents decreased by 42.86% compared to the end of last year, down by 311.09 million yuan, mainly due to procurement expenditures and debt repayments[18] - The cash inflow from operating activities totaled 577,449,243.37 CNY, an increase from 460,357,395.84 CNY in Q1 2020, marking a growth of approximately 25.4%[45] - The ending balance of cash and cash equivalents decreased to 406,276,086.80 CNY from 734,430,750.69 CNY in the previous period, showing a significant reduction in liquidity[47] - The company reported a total operating cash outflow of 810,389,577.01 CNY, compared to 597,440,098.38 CNY in the previous period, indicating increased operational expenses[46] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥3,632,050,648.43, a decrease of 2.34% from ¥3,719,191,281.79 at the end of the previous year[8] - Total liabilities were CNY 1.27 billion, down from CNY 1.38 billion in the previous quarter[31] - The company's equity attributable to shareholders was CNY 2.36 billion, an increase from CNY 2.34 billion at the end of 2020[32] - The total amount of accounts payable was CNY 498,977,710.76, reflecting the company's obligations to suppliers[55] Business Strategy and Development - The company plans to expand its computing power services, transitioning from computing power operation services to direct computing power equipment procurement starting in Q2 2021[9] - The company has actively extended its business from low-value chain to high-value chain services, particularly in offshore computing services, which have shown good performance[9] - The company plans to raise up to 1 billion yuan through a private placement to fund projects including an intelligent communication service platform and an AI call center[20] - The company plans to focus on market expansion and new product development in the upcoming quarters[36] Other Financial Metrics - Cash paid for purchasing goods and receiving services increased by 53.76% year-on-year, up by 223.67 million yuan, mainly due to increased procurement expenditures[19] - Investment income surged by 81,018.63% year-on-year, up by 799,000 yuan, mainly due to the recovery of investment funds from an associate[18] - Income tax expenses increased by 522.01% year-on-year, up by 5.24 million yuan, mainly due to increased income tax expenses from turning losses into profits[18] - Research and development expenses for Q1 2021 were 20,427,739.03 CNY, down from 23,826,107.78 CNY in Q1 2020, reflecting a reduction of approximately 14.3%[39] - The company's financial expenses decreased to 11,915,572.96 CNY in Q1 2021 from 12,310,936.71 CNY in the same period last year, showing a decline of about 3.2%[39]