SCIYON(002380)2021-04-23 16:00Financial Performance - The company's revenue for Q1 2021 was ¥191,930,584.35, representing a 49.87% increase compared to ¥128,064,859.86 in the same period last year[8] - Net profit attributable to shareholders decreased by 14.69% to ¥9,135,290.07 from ¥10,708,054.85 year-on-year[8] - The net profit after deducting non-recurring gains and losses dropped by 74.41% to ¥2,297,188.88 compared to ¥8,978,000.41 in the previous year[8] - Basic and diluted earnings per share both decreased by 20.00% to ¥0.04 from ¥0.05 year-on-year[8] - The company's net profit for Q1 2021 is not explicitly stated but can be inferred from the operating revenue and costs[39] - The net profit for Q1 2021 was CNY 8,532,289.38, down 29.1% from CNY 12,048,804.96 in Q1 2020[41] - The total profit for Q1 2021 was CNY 11,899,204.92, a decrease of 16.5% from CNY 14,187,367.04 in the previous year[41] - The company's operating profit for Q1 2021 was CNY 11,552,737.36, down 21.0% from CNY 14,776,653.39 in Q1 2020[41] - The company reported a total comprehensive income of CNY 8,532,289.38 for Q1 2021, down from CNY 12,048,804.96 in the previous year[41] Cash Flow - The net cash flow from operating activities was negative at -¥24,901,756.94, worsening by 20.82% from -¥20,610,930.89 in the same period last year[8] - The cash flow from operating activities for Q1 2021 was negative at CNY -24,901,756.94, compared to CNY -20,610,930.89 in Q1 2020[48] - The company's operating cash flow for Q1 2021 was negative at -20,785,345.27 CNY, compared to -20,433,705.59 CNY in the same period last year[51] - Total cash inflow from operating activities was 191,688,217.46 CNY, an increase of 54.3% from 124,198,381.71 CNY year-on-year[51] - Cash outflow from operating activities totaled 212,473,562.73 CNY, up from 144,632,087.30 CNY in the previous year, reflecting a 47% increase[51] - The total cash inflow from investment activities was 30,680,301.37 CNY, compared to 51,814,794.52 CNY in the previous year, indicating a decrease of 40.7%[51] - The net cash flow from investment activities was positive at 20,443,580.40 CNY, a significant improvement from -233,187,118.13 CNY in the same quarter last year[51] - The company experienced a net decrease in cash and cash equivalents of -139,076,618.39 CNY for the quarter, compared to -253,620,823.72 CNY in the same period last year[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,063,600,710.65, a slight increase of 0.91% from ¥3,035,997,064.58 at the end of the previous year[8] - Total assets as of March 31, 2021, were CNY 2,892,927,608.33, down from CNY 2,938,824,736.57 at the end of 2020[36] - Total liabilities increased to CNY 747,710,279.95 from CNY 677,185,698.26[33] - The company's equity attributable to shareholders decreased to CNY 2,247,965,747.30 from CNY 2,290,283,682.23[33] - Cash and cash equivalents decreased to CNY 177,292,871.91 from CNY 316,369,490.30 as of December 31, 2020[34] - Cash and cash equivalents at the end of Q1 2021 stood at 175,801,331.24 CNY, down from 500,121,792.39 CNY at the end of Q1 2020[52] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,563[12] - Major shareholders include Liu Guoyao with 25.46% and Hu Shemei with 21.95% of the shares[12] Expenses - Operating costs rose by CNY 55.89 million, an increase of 73.34%, primarily driven by the expansion of energy and electricity sales[16] - Sales expenses increased by CNY 13.51 million, a rise of 93.16%, mainly due to the expansion of business and increased salaries for sales personnel[16] - Management expenses rose by CNY 5.34 million, an increase of 59.49%, attributed to business scale growth and higher salaries for management personnel[16] - Financial expenses increased by CNY 1.46 million, a rise of 145.75%, primarily due to a decrease in interest income from deposits[16] - Research and development expenses for Q1 2021 were CNY 15,578,891.25, compared to CNY 16,594,276.95 in the previous period[39] - Research and development expenses for Q1 2021 were CNY 8,770,090.31, a decrease of 26.0% compared to CNY 11,872,717.78 in the same period last year[43] Government Subsidies - The company received government subsidies amounting to ¥7,074,786.02 during the reporting period[9] - Other income increased by CNY 5.91 million, a growth of 93.94%, mainly due to an increase in government subsidies related to daily operations[16] Construction and Projects - The construction in progress increased by CNY 124.76 million, a growth of 50.39%, due to increased investments in energy internet smart application projects[16] - The company has completed the construction of the energy internet smart application projects, which are now in orderly operation[21] Audit and Standards - The company has not undergone an audit for the Q1 2021 report[53] - The report indicates that the company is not applying the new leasing standards for the current year[53]