ST高升(000971) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥174,015,385.71, representing a 5.15% increase compared to ¥165,494,801.81 in the same period last year[8] - The net profit attributable to shareholders was -¥15,868,738.32, a significant decline of 27,377.64% from -¥57,751.47 year-over-year[8] - The net cash flow from operating activities was -¥55,873,187.01, which is a 9.89% decrease compared to -¥50,615,529.95 in the previous year[8] - Basic and diluted earnings per share were both -¥0.015, reflecting a 14,900% decrease from -¥0.0001 in the same period last year[8] - The total net profit for the first quarter of 2021 was -15,973,940.94 CNY, compared to -226,094.67 CNY in the same period last year, indicating a significant decline[57] - The operating profit for the first quarter was -16,793,030.93 CNY, while the previous year's figure was 1,875,773.86 CNY, showing a substantial drop[57] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,061,331,292.10, down 1.20% from ¥2,086,308,725.51 at the end of the previous year[8] - The company's total liabilities as of March 31, 2021, were CNY 1,029,425,934.65, an increase from CNY 1,009,210,322.58 at the end of 2020[53] - The total amount of guarantees provided for related party financing is RMB 2,157.40 million, with the principal and interest balance as of the report date being RMB 879.85 million[28] - The company reported a total debt of 215,740 million, representing an increase of 186.00% compared to the previous period[38] - The company has resolved 87,984.9 million of its debts, which accounts for 75.84% of the total[38] Shareholder Information - The total number of common shareholders at the end of the reporting period was 22,934[12] - The largest shareholder, Tianjin Baierke Medical Biotechnology Co., Ltd., held 15.12% of the shares, amounting to 158,550,396 shares, with a significant portion pledged[12] - The company did not engage in any repurchase transactions among the top shareholders during the reporting period[13] Cash Flow - The net cash flow from investment activities was -2,101,811.68 CNY, a decrease of 89.68% compared to the same period last year, primarily due to the payment of acquisition consideration in the previous year[16] - The net cash flow from financing activities was -4,805,395.58 CNY, compared to 0 CNY in the same period last year, mainly due to rental expenses reported under the new leasing standards[17] - The cash flow from operating activities showed a net outflow of -55,873,187.01 CNY, compared to -50,615,529.95 CNY in the previous year[65] Legal and Compliance Issues - The company is currently appealing a court ruling requiring it to repay 40 million CNY plus interest to former shareholders, with the total principal and interest balance at approximately 61,600,200 CNY[19] - The company has faced legal challenges regarding guarantees, with several court rulings declaring certain guarantees invalid[38] - The company has been proactive in urging original controlling shareholders to settle their debts[38] Related Party Transactions - The company strictly adheres to regulations regarding related party transactions and has not provided guarantees exceeding 50% of its net assets in the last accounting year[25] - The company commits to not using its assets for personal investments or consumption activities unrelated to its duties[26] - The company will ensure that any related party transactions are conducted in accordance with legal and regulatory requirements[25] Research and Development - Development expenditures increased by 127.22% to 4,060,022.29 CNY, mainly due to R&D investments in projects like Aerospace Cloud Network[16] - The company’s research and development expenses for Q1 2021 were CNY 10,366,916.70, down from CNY 10,957,268.83 in the previous period[56] Market and Operational Insights - The company did not report any revenue from new products or market expansions during this period[60] - There are no updates on market expansion or acquisitions in the report[81] - The report does not provide insights into customer engagement or user growth[81]