欣龙控股(000955) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥238,768,384.19, representing a decrease of 17.86% compared to ¥290,689,569.18 in the same period last year[8] - The net profit attributable to shareholders for Q1 2021 was ¥9,091,915.19, down 84.42% from ¥58,353,666.86 year-on-year[8] - Basic earnings per share for Q1 2021 were ¥0.0169, down 84.41% from ¥0.1084 in the same period last year[8] - Total operating revenue for Q1 2021 was CNY 238,768,384.19, a decrease of 17.9% compared to CNY 290,689,569.18 in Q1 2020[38] - Net profit for Q1 2021 was CNY 11,483,250.39, down 84.8% from CNY 75,794,670.25 in Q1 2020[40] - The total comprehensive income for Q1 2021 was a loss of CNY 253,631.48, compared to a loss of CNY 1,453,759.68 in the same period last year[43] Cash Flow - The net cash flow from operating activities was negative at ¥49,090,001.18, a decline of 189.62% compared to ¥54,775,675.30 in the previous year[8] - Cash flow from operating activities showed a net outflow of CNY 49,090,001.18, compared to a net inflow of CNY 54,775,675.30 in the previous period[46] - The net cash flow from investment activities was -¥87,334,870.04, a 199.52% increase in net outflow due to higher net expenditures on bank financial products[15] - The company’s investment activities resulted in a net cash outflow of CNY 87,334,870.04, worsening from a net outflow of CNY 29,158,290.71 in the previous period[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,293,908,486.59, a decrease of 5.15% from ¥1,364,223,884.24 at the end of the previous year[8] - The total current assets as of March 31, 2021, amounted to ¥614,777,052.49, a decrease from ¥698,004,539.74 as of December 31, 2020, representing a decline of approximately 11.97%[30] - The total liabilities decreased from ¥460,870,115.54 to ¥379,071,467.50, a reduction of about 17.73%[32] - The company's short-term borrowings decreased from ¥167,625,583.71 to ¥64,500,000.00, a decline of approximately 61.54%[32] - The long-term borrowings increased from ¥136,196,022.22 to ¥166,000,000.00, an increase of about 21.87%[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 67,148[11] - The largest shareholder, Jiaxing Tiantang Silicon Valley Equity Investment Co., Ltd., held 10.24% of the shares, totaling 55,144,810 shares[11] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[12] Research and Development - Research and development expenses increased by 122.38% to ¥6,136,594.55, attributed to higher investment in non-woven fabric research[15] - Research and development expenses increased to CNY 6,136,594.55, up from CNY 2,759,559.80 in the previous year, indicating a focus on innovation[39] - Research and development expenses increased significantly to CNY 2,002,224.60 from CNY 234,895.25, reflecting a growth of 752.5%[42] Financial Position - Cash and cash equivalents decreased by 59.81% to ¥142,784,057.06 due to repayment of bank loans and purchase of financial products[15] - The company's cash and cash equivalents decreased significantly from ¥355,234,441.18 to ¥142,784,057.06, a drop of about 59.83%[30] - The company's cash and cash equivalents decreased significantly to CNY 36,368,640.75 from CNY 100,605,190.99 at the end of 2020[35] Other Financial Activities - The company reported non-recurring gains and losses totaling ¥921,140.45 for the period[9] - The company has signed supplementary agreements for debt repayment extensions with its subsidiaries, with initial repayments of ¥8,640,000 and ¥3,360,000 received[17] - The company’s financial assets investment includes a fund with a total scale of ¥100 million, with a 30% share held by the company[18] - The company did not adjust the beginning balance sheet items due to the new leasing standards implemented in 2021, indicating no impact on financial statements[51] - The first quarter report was not audited, which may affect the reliability of the financial data presented[52]