SINODATA(SZ:002657)2021-04-22 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥267,340,501.64, representing a 69.07% increase compared to ¥158,128,017.27 in the same period last year[7]. - The net profit attributable to shareholders was a loss of ¥17,004,622.72, an improvement of 16.70% from a loss of ¥20,412,813.98 in the previous year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥21,897,340.81, which is a 30.59% improvement from a loss of ¥31,549,046.95 year-over-year[7]. - The total profit (loss) for the period improved by 32.04% to ¥-13,160,227.45 from ¥-19,363,381.68, primarily due to business growth[16]. - The company reported a total comprehensive loss of CNY 17,153,235.12, compared to a loss of CNY 19,749,673.17 in the previous period, showing a narrowing of losses[46]. Cash Flow - The net cash flow from operating activities was negative at ¥282,950,623.24, a decline of 82.18% compared to negative ¥155,313,933.86 in the same period last year[7]. - The company reported a net cash outflow from operating activities of ¥282,950,623.24, worsening by 82.18% compared to ¥-155,313,933.86 in the previous period, mainly due to increased project inventory[17]. - The cash flow from financing activities showed a net outflow of -35,377,991.03, a drastic decline of 293.84% compared to the previous period, mainly due to reduced bank borrowings[18]. - The cash inflow from financing activities was 51,890,000.00, which represents a 100% decrease compared to the previous period, indicating a reduction in borrowings[18]. - The total cash inflow from investment activities was 267,078,267.68 CNY, while the cash outflow was 170,043,430.00 CNY[57]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,997,375,328.39, down 4.61% from ¥3,142,376,101.15 at the end of the previous year[7]. - The net assets attributable to shareholders decreased by 0.76% to ¥2,238,049,001.55 from ¥2,255,202,219.10 at the end of the previous year[7]. - Total liabilities decreased from ¥887,123,725.84 to ¥759,276,188.20, a reduction of approximately 14.4%[36]. - Owner's equity decreased from ¥2,255,252,375.31 to ¥2,238,099,140.19, a decline of about 0.8%[37]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 53,351[11]. - The largest shareholder, Shen Za, holds 14.93% of the shares, with a total of 50,392,918 shares, of which 19,827,599 are pledged[11]. Operational Metrics - Total operating costs increased by 52.68% to ¥291,976,933.73 from ¥191,236,902.39, primarily due to business expansion[15]. - Sales expenses rose by 33.67% to ¥12,637,397.03 from ¥9,453,928.45, driven by business growth[16]. - Research and development expenses rose to CNY 37,245,742.43 from CNY 30,898,879.77, highlighting a focus on innovation[44]. Inventory and Receivables - Cash and cash equivalents decreased by 45.46% to ¥219,671,569.07 from ¥402,805,176.91, mainly due to increased inventory for project preparation[15]. - Accounts receivable decreased by 41.55% to ¥72,985,010.38 from ¥124,869,859.37, attributed to higher project collections during the period[15]. - Inventory increased by 31.66% to ¥665,075,472.27 from ¥505,158,894.33, reflecting increased stock for project preparation[15]. Compliance and Governance - The company reported no non-compliance with external guarantees during the reporting period[28]. - There were no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[19]. - The company did not engage in derivative investments during the reporting period[23]. Future Outlook - The company is not expecting significant changes in net profit for the first half of 2021 compared to the previous year[24].