久其软件(002279) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥379,126,680.69, representing a decrease of 23.59% compared to ¥496,146,140.14 in the same period last year[8]. - The net profit attributable to shareholders was a loss of ¥41,757,579.93, an improvement from a loss of ¥70,709,747.99 in the previous year[8]. - The net cash flow from operating activities was negative at ¥197,232,737.31, compared to a negative cash flow of ¥159,467,252.59 in the same period last year[8]. - The basic earnings per share were -¥0.0587, an improvement from -¥0.0994 in the same period last year[8]. - The weighted average return on net assets was -4.04%, an improvement of 3.36% from -7.40% in the previous year[8]. - The net profit for Q1 2021 was -13,182,976.43 CNY, an improvement from -52,372,528.69 CNY in the same period last year, representing a reduction of approximately 74.8%[44]. - Operating profit for Q1 2021 was -13,139,806.63 CNY, compared to -50,258,537.17 CNY in Q1 2020, indicating a significant decrease in losses by about 73.8%[44]. - The total comprehensive income for Q1 2021 was -13,182,976.43 CNY, compared to -52,372,528.69 CNY in the same period last year, indicating a significant reduction in losses[45]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,486,073,619.35, down 6.78% from ¥2,667,022,974.11 at the end of the previous year[8]. - The total liabilities of the company decreased to CNY 1,406,526,141.84 from CNY 1,542,847,413.68, a reduction of approximately 8.86%[32][33]. - The company's total assets decreased to CNY 2,720,849,079.08 from CNY 2,732,332,863.02 at the end of 2020[37]. - The company's long-term equity investments decreased to CNY 1,843,366,672.64 from CNY 1,849,319,739.83 at the end of 2020[36]. - The total non-current assets increased to CNY 2,111,768,760.12 as of March 31, 2021, compared to CNY 2,068,041,346.16 at the end of 2020[36]. - The company's current assets decreased to CNY 1,342,576,030.50 from CNY 1,567,393,030.47, reflecting a reduction of about 14.36%[30][31]. - The company's equity attributable to shareholders decreased to CNY 1,014,831,164.91 from CNY 1,053,445,186.39, reflecting a decline of about 3.67%[33]. Cash Flow - Cash received from sales decreased by 39.92% year-on-year to ¥428.70 million, primarily due to a decline in digital communication business revenue[15]. - Cash paid for purchasing goods and services decreased by 41.60% year-on-year to ¥381.84 million, attributed to a reduction in media resource procurement[15]. - The company's cash and cash equivalents decreased by 38.44% year-on-year to ¥408.07 million, primarily due to investments in financial products and payments for prior purchases[15]. - Investment cash outflows decreased by 41.29% year-on-year to ¥300.00 million, mainly due to reduced financial product purchases[15]. - The net cash flow from operating activities for Q1 2021 was -197,232,737.31 CNY, worsening from -159,467,252.59 CNY in the previous year[48]. - Cash and cash equivalents at the end of Q1 2021 stood at 390,184,586.27 CNY, down from 717,303,576.34 CNY at the end of Q1 2020, a decrease of about 45.6%[48]. - The company reported a decrease in financial expenses to 8,665,651.32 CNY in Q1 2021 from 12,076,166.49 CNY in the previous year[44]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 54,269[11]. - The largest shareholder, Beijing Jiuxi Technology Investment Co., Ltd., held 13.68% of the shares, totaling 97,301,009 shares[11]. Legal and Compliance - The company is actively pursuing legal avenues to protect its rights regarding ongoing litigation involving Shanghai Yitong[19]. - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[25]. - There were no instances of non-compliance regarding external guarantees during the reporting period[24]. - The company did not engage in any research, communication, or interview activities during the reporting period[26]. - The company has not reported any expected impairment of principal or other potential impairment situations related to entrusted financial management[24]. Other Financial Metrics - The company reported non-operating income of ¥1,096,029.11, primarily from investment management gains and government subsidies[9]. - The company reported a 61.33% increase in taxes and surcharges to ¥1.65 million, primarily due to increased additional tax on share business[15]. - The company’s receivables increased by 456.12% year-on-year to ¥17.80 million, driven by an increase in bill settlements in the digital communication business[15]. - The company’s investment income decreased by 44.70% year-on-year to ¥2.60 million, primarily due to the disposal of equity in a subsidiary[15]. - The subsidiary Huaxia Diantong was officially listed on the New Third Board on April 23, 2021[16].