皖通科技(002331) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥149,009,062.40, a decrease of 43.93% compared to ¥265,749,933.17 in the same period last year[10] - The net profit attributable to shareholders was a loss of ¥14,407,324.64, representing a decline of 74.84% from a loss of ¥8,240,061.67 in Q1 2020[10] - The basic earnings per share decreased by 75.00% to -¥0.0350 from -¥0.0200 in the same quarter last year[10] - Total operating revenue for Q1 2021 was CNY 149,009,062.40, a decrease of 44% compared to CNY 265,749,933.17 in the same period last year[50] - The net profit for Q1 2021 was a loss of ¥10,606,858.32, compared to a loss of ¥3,984,215.39 in Q1 2020, representing an increase in loss of 166.5%[52] - The company reported a gross profit margin of 21.1% in Q1 2021, down from 15.0% in Q1 2020[55] - The total comprehensive loss for Q1 2021 was ¥10,606,858.32, compared to a comprehensive loss of ¥3,984,215.39 in the same quarter last year[53] Cash Flow - The net cash flow from operating activities was -¥116,235,263.89, an improvement of 33.77% compared to -¥175,493,255.20 in the previous year[10] - The net cash flow from operating activities increased significantly compared to the same period last year, mainly due to an increase in various guarantee payments[18] - The net cash flow from investing activities decreased significantly compared to the same period last year, mainly due to a decrease in the maturity of structured deposits[18] - Total cash inflow from operating activities was 402,508,868.47 CNY, while cash outflow was 518,744,132.36 CNY, resulting in a net cash flow deficit[60] - The net cash flow from investment activities was -2,893,068.83 CNY, a significant decrease from 38,231,631.04 CNY in the previous period[61] - The ending balance of cash and cash equivalents was 689,072,673.22 CNY, down from 727,297,699.28 CNY in the previous period[61] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,666,978,629.27, down 6.18% from ¥2,842,665,306.97 at the end of the previous year[10] - The net assets attributable to shareholders were ¥1,945,293,366.04, a decrease of 0.77% from ¥1,960,378,815.48 at the end of the last year[10] - Total liabilities decreased to CNY 637,649,047.59 from CNY 802,050,742.17, representing a reduction of approximately 21%[44] - Current liabilities totaled CNY 634,271,523.87, down from CNY 799,508,716.12, indicating a decrease of around 21%[44] - The company's total equity decreased to CNY 2,029,329,581.68 from CNY 2,040,614,564.80, a decline of approximately 1%[45] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,673[13] - The top shareholder, Tibet Jingyuan Enterprise Management Co., Ltd., held 18.16% of the shares, totaling 74,816,394 shares[13] - The company has not conducted any repurchase transactions among its top 10 shareholders during the reporting period[15] Operational Insights - The company's operating income decreased significantly compared to the same period last year, primarily due to a reduction in project settlement timing[18] - The company's net profit attributable to shareholders decreased significantly compared to the same period last year, mainly due to a reduction in project settlement timing[18] - The company's operating costs for Q1 2021 were ¥64,045,017.93, down 59.9% from ¥159,768,282.12 year-over-year[55] - The company's total operating costs for Q1 2021 were ¥161,157,818.50, a decrease of 40.5% from ¥270,757,140.88 in Q1 2020[51] Legal and Compliance - The company faced a qualified audit opinion due to uncertainties regarding accounts receivable from certain customers of its subsidiary Chengdu Saiying Technology Co., Ltd.[5] - The company is actively pursuing legal actions to maintain control over its wholly-owned subsidiary, Saiying Technology, due to management disputes[20] - The risk of losing control over Saiying Technology has been resolved as of February 2021[22] Fund Utilization - The company has utilized RMB 31,797.61 million of the raised funds, with a remaining balance of RMB 43,993.80 million as of March 31, 2021[30] - The total amount raised from the non-public offering in 2014 was RMB 377,629,014.58, with a net amount of RMB 361,949,988.52 after deducting fees[29] - The company reported a balance of RMB 9,506.80 million in unused funds from the 2018 non-public offering as of March 31, 2021[33] - The company plans to use up to RMB 10,000 million of temporarily idle raised funds for cash management, with specific limits for different offerings[34] Other Financial Metrics - The company recorded investment income of ¥770,889.07 in Q1 2021, significantly higher than ¥152,695.24 in Q1 2020[51] - Long-term receivables increased to CNY 42,455,539.53 from CNY 37,593,727.03, reflecting a growth of approximately 5%[43] - Cash and cash equivalents were CNY 597,519,753.78, down from CNY 646,808,149.49, a decline of about 8%[45] - Accounts receivable decreased to CNY 255,771,432.01 from CNY 401,350,231.28, a drop of approximately 36%[45] - The company did not engage in any securities or derivative investments during the reporting period[27][28] - There were no overdue commitments from major shareholders or related parties during the reporting period[26]