RZGF(SZ:002629)2021-04-29 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥23,150,585.99, representing a 199.68% increase compared to ¥7,725,059.41 in the same period last year[7]. - The net profit attributable to shareholders was a loss of ¥5,242,022.75, an improvement of 14.75% from a loss of ¥6,149,215.36 in the previous year[7]. - The basic earnings per share were reported at -¥0.013, a decrease of 30.00% from -¥0.01 in the same period last year[7]. - The company's operating profit was reported at -¥4,287,145.11, slightly better than -¥4,593,431.57 from the last period[47]. - The total comprehensive loss for the current period was -¥4,998,114.65, an improvement from -¥6,149,455.62 in the prior period[48]. - The net loss for the current period was ¥5,243,203.66, an improvement from a net loss of ¥6,149,455.62 in the previous period[47]. Cash Flow - The net cash flow from operating activities was negative at ¥27,412,275.51, a decline of 151.42% compared to negative ¥10,902,962.07 in the same period last year[7]. - Cash outflow from operating activities totaled CNY 47,277,832.26, up 48.1% from CNY 31,909,573.09 in the previous period[55]. - Cash inflow from financing activities was CNY 10,033,244.14, with net cash flow from financing activities at CNY 4,861,612.84, compared to CNY -392,246.40 previously[56]. - Operating cash inflow for the current period was CNY 19,865,556.75, a decrease of 5.4% from CNY 21,006,611.02 in the previous period[55]. - The parent company reported a net cash flow from operating activities of CNY 4,962,357.18, improving from CNY -1,115,942.66 previously[57]. Assets and Liabilities - The total assets at the end of the reporting period were ¥362,503,042.56, down 4.36% from ¥379,023,083.69 at the end of the previous year[7]. - Total liabilities decreased to CNY 335,289,351.90 from CNY 346,850,241.99, a decline of about 3.4%[39]. - The total equity attributable to shareholders decreased to CNY 28,212,224.34 from CNY 33,170,194.47, a drop of approximately 15.0%[40]. - The company's total assets decreased to CNY 362,503,042.56 from CNY 379,023,083.69, a decline of about 4.4%[38]. - The total liabilities and equity combined were CNY 379,023,083.69[63]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,553[10]. - The largest shareholder, Tibet Hanlai Electronic Technology Partnership, holds 19.76% of the shares, with a total of 81,387,013 shares[10]. Operational Changes - Operating costs increased by 284.82% year-on-year, attributed to the expansion of the main business and the reclassification of transportation costs under the new revenue standards[14]. - Accounts receivable increased by 555.40% compared to the beginning of the period, mainly due to the recovery of customer payments in the form of commercial bills during the reporting period[14]. - Contract liabilities increased by 247.16% compared to the beginning of the period, mainly due to an increase in customer prepayments[14]. Legal and Compliance - The company has ongoing legal disputes with Jiangsu Eastwell Supply Chain Management Co., Ltd., including a contract dispute that has been in litigation since 2018, with a settlement agreement signed in 2020[20]. - The company reported that it has no overdue commitments from actual controllers, shareholders, related parties, or acquirers during the reporting period[26]. - There were no violations regarding external guarantees during the reporting period[30]. Government Support - The company received government subsidies amounting to ¥3,300.00 during the reporting period[8]. - Other income decreased by 94.17% year-on-year, mainly due to a reduction in government subsidies received[14]. Research and Development - The company reported a significant increase in research and development expenses, totaling ¥323,124.69, compared to ¥378,978.89 in the previous period[46].