ST摩登(002656) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥117,564,797.32, representing a decrease of 37.50% compared to the same period last year[7]. - The net profit attributable to shareholders was a loss of ¥16,153,698.64, an improvement of 60.21% from a loss of ¥40,602,369.08 in the previous year[7]. - The company's operating revenue decreased by 37.50% compared to the same period last year, primarily due to the ongoing impact of the COVID-19 pandemic and overall economic downturn[16]. - The company's net loss for Q1 2021 was CNY 1,333,706,214.42, compared to a loss of CNY 1,304,241,669.75 in the previous period[77]. - The company anticipates a net loss of between 30 million and 20 million yuan for the first half of 2021, a significant increase in loss compared to a profit of 35.41 million yuan in the same period last year, reflecting a change of 184.71% to 156.48%[62]. - The total comprehensive income for Q1 2021 was a loss of CNY 14,423,030.91, compared to a loss of CNY 59,734,001.04 in the previous year[86]. Cash Flow - The net cash flow from operating activities was ¥117,294,641.75, a significant increase of 336.34% compared to a negative cash flow of ¥49,630,349.63 in the same period last year[7]. - The net cash flow from operating activities increased by 336.34% compared to the same period last year, attributed to lower employee compensation and expenses[28]. - The company reported a cash inflow from operating activities of CNY 109,954,880.97, down from CNY 180,019,827.87 in the previous period[92]. - Cash inflow from financing activities was recorded at ¥3,317,420.84, but cash outflow was significantly higher at ¥256,624,129.90, leading to a net cash flow from financing activities of -¥253,306,709.06[94]. - The company achieved a cash inflow from the disposal of fixed assets and other long-term assets amounting to ¥373,112,387.86, contributing positively to cash flow management[97]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,231,646,593.67, reflecting a growth of 2.69% from the previous year[7]. - The total liabilities increased to CNY 752,418,015.33 from CNY 689,849,728.18 in the previous period[81]. - The total assets as of March 31, 2021, amounted to CNY 2,819,868,513.47, an increase from CNY 2,764,816,155.58 at the end of 2020[81]. - The total current assets were CNY 1,934,423,709.46, with no significant changes reported[103]. - The total owner's equity attributable to the parent company was CNY 759,527,960.59, showing a decrease of CNY 13,310,846.03[103]. Shareholder Information - The total number of shareholders at the end of the reporting period was 13,965[11]. - The largest shareholder, Guangzhou Ruifeng Group Co., Ltd., held 19.62% of the shares, amounting to 139,825,282 shares[11]. - The controlling shareholder, Ruifeng Group, has reduced its holdings by 7,099,859 shares, representing 0.9964% of the total share capital, during the passive reduction plan period[51]. Expenses - Operating costs decreased by 53.17% compared to the same period last year, reflecting the reduction in operating revenue due to the pandemic[17]. - Tax and additional charges decreased by 66.65% year-on-year, also due to reduced operating revenue during the pandemic[18]. - Sales expenses decreased by 33.33% compared to the same period last year, in line with the decline in operating revenue[19]. - Management expenses decreased by 34.59% year-on-year, reflecting the overall reduction in business activity[20]. - R&D expenses decreased by 38.10% compared to the same period last year, primarily due to reduced revenue[21]. Future Outlook - The company is focusing on improving operational cash flow and managing financing costs to enhance overall financial stability moving forward[93]. - The company plans to participate in a public auction for a property valued at 238.66 million yuan, with a starting price of 167.06 million yuan, which is associated with its controlling shareholder[57].