顾地科技(002694) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥283,036,640.87, representing a 95.96% increase compared to ¥144,432,911.71 in the same period last year[7]. - Operating revenue for Q1 2021 increased by ¥138,603,729.16, a growth of 95.96% compared to the same period in 2020, primarily due to a low base effect from the previous year[7]. - Total operating revenue for Q1 2021 was CNY 283,036,640.87, a significant increase from CNY 144,432,911.71 in the previous period[52]. - The net profit attributable to shareholders was -¥25,287,391.99, an improvement of 27.98% from -¥35,113,019.53 year-over-year[7]. - The net loss for Q1 2021 was CNY 28,167,482.28, an improvement from a net loss of CNY 40,248,612.86 in the previous year[54]. - The company reported a total comprehensive loss of CNY 28,167,482.28 for Q1 2021, compared to a loss of CNY 40,248,612.86 in the previous year[55]. - The total comprehensive income for the first quarter was -11,178,541.96 CNY, compared to -12,233,705.86 CNY in the previous period, indicating an improvement[59]. Cash Flow - The net cash flow from operating activities improved by 50.23%, reaching -¥29,585,683.33 compared to -¥59,449,770.21 in the previous year[7]. - Cash inflow from operating activities amounted to 317,921,822.20 CNY, up from 192,753,151.79 CNY in the previous period, reflecting a significant increase of approximately 65%[61]. - Cash outflow from operating activities was 347,507,505.53 CNY, compared to 252,202,922.00 CNY in the previous period, resulting in a net cash flow from operating activities of -29,585,683.33 CNY, an improvement from -59,449,770.21 CNY[62]. - Cash received from sales and services in Q1 2021 increased by ¥139,145,593.23, an increase of 80.49%, due to higher revenue and concentrated collections from credit sales[17]. - There was a notable increase in cash received from sales of goods and services, totaling 312,024,979.01 CNY, compared to 172,879,385.78 CNY in the previous period, marking an increase of approximately 80%[61]. - Cash paid for purchasing goods and services in Q1 2021 rose by ¥88,648,242.38, a 50.46% increase, driven by higher sales leading to increased procurement payments[19]. - Cash paid to employees in Q1 2021 increased by ¥9,715,147.08, a rise of 32.76%, due to increased production leading to higher direct wages[20]. - Cash paid for taxes in Q1 2021 decreased by ¥6,533,727.18, a reduction of 41.70%, primarily due to lower tax liabilities[21]. - Cash paid for fixed asset acquisitions in Q1 2021 increased by ¥5,052,869.84, a significant rise of 365.41%, due to higher payments for fixed asset purchases[22]. - Cash received from financing activities in Q1 2021 decreased by ¥17,813,380.82, a reduction of 44.74% compared to Q1 2020, primarily due to a decrease in financing activities[25]. - Cash paid for debt repayment in Q1 2021 decreased by ¥104,700,000.00, a reduction of 96.94% compared to Q1 2020, mainly due to a decrease in loan repayments during the period[25]. - Cash paid for dividends, profits, or interest in Q1 2021 decreased by ¥2,657,062.55, a reduction of 85.69% compared to Q1 2020, primarily due to a decrease in interest payments on loans[25]. - Cash paid for other financing activities in Q1 2021 increased by ¥11,360,435.59, an increase of 81.22% compared to Q1 2020, mainly due to an increase in cash payments related to financing activities[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,504,111,136.21, a 1.35% increase from ¥2,470,637,165.03 at the end of the previous year[7]. - The company's total liabilities amounted to CNY 681,758,935.69, slightly up from CNY 678,310,612.07 in the previous period[50]. - Total liabilities reached CNY 1,751,735,731.15, compared to CNY 1,690,094,277.69, reflecting an increase of about 3.6%[46]. - The company's equity attributable to shareholders decreased to CNY 713,170,867.77 from CNY 738,458,259.76, a decline of approximately 3.4%[47]. - The total equity decreased to CNY 956,958,987.88 from CNY 968,137,529.84, reflecting a decline of about 1.8%[50]. - The company's current assets totaled CNY 817,195,221.15, up from CNY 761,977,766.95, indicating an increase of about 7.2%[44]. - Cash and cash equivalents decreased to CNY 49,625,963.69 from CNY 87,663,844.30, representing a decline of approximately 43.3%[44]. - Accounts receivable rose to CNY 216,907,245.46 from CNY 208,580,618.15, showing an increase of about 4.0%[44]. - Inventory increased to CNY 336,267,629.44 from CNY 308,922,363.51, marking a growth of approximately 8.8%[44]. - The company experienced a decrease in undistributed profits from CNY 128,796,437.59 to CNY 117,617,895.63, a decline of approximately 8.3%[50]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,387[10]. - The top shareholder, Shanxi Shengnong Investment Co., Ltd., held 26.02% of the shares, totaling 155,414,292 shares[10]. Research and Development - R&D expenses for Q1 2021 increased by ¥4,591,275.27, reflecting an 86.58% rise compared to the same period last year, driven by higher investment in R&D projects[10]. - Research and development expenses for Q1 2021 were CNY 9,894,023.82, an increase of 86.5% compared to CNY 5,302,748.55 in the previous year[53]. Legal Matters - The company is involved in a legal dispute regarding a construction contract, with a claim for payment of ¥240,544,286.00 and associated penalties[26]. - The company has a court-ordered asset freeze on properties valued at ¥301,905,775.00 as part of ongoing litigation[27]. - The company has agreed to a payment schedule for outstanding construction payments totaling ¥69,256,615.78, with specific amounts due in 2021 through 2024[29]. Compliance and Auditing - The company has not yet audited the first quarter report, which may affect the reliability of the financial data presented[68]. - The company has not applied the new leasing standards for the first quarter, indicating a potential area for future compliance adjustments[67]. - There were no instances of non-compliance with external guarantees or misuse of funds by major shareholders during the reporting period[37][38]. - The company did not engage in any significant contracts or financial management activities during the reporting period[39][40]. Earnings Per Share - Basic and diluted earnings per share for Q1 2021 were both -CNY 0.05, compared to -CNY 0.06 in the same period last year[55]. - The basic earnings per share and diluted earnings per share figures were not provided in the report[59].