索菱股份(002766) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥168,450,396.82, representing a 36.85% increase compared to ¥123,095,530.72 in the same period last year[9]. - The net profit attributable to shareholders was -¥89,768,381.18, a decrease of 240.09% from -¥26,396,174.30 year-over-year[9]. - The net cash flow from operating activities was -¥13,916,661.45, down 162.10% from ¥22,409,099.90 in the previous year[9]. - The company forecasts a net loss of between -18,000,000 and -14,000,000 CNY for the current reporting period, representing a decrease of approximately 178.30% compared to the previous year[28]. - Basic earnings per share are expected to be between -0.43 and -0.33 CNY, reflecting a decline of 178.30% year-over-year[28]. - The company reported a total comprehensive loss of CNY 83,342,045.37 for Q1 2021, compared to a loss of CNY 30,147,315.55 in the previous year[48]. - Operating profit for Q1 2021 was a loss of CNY 101,718,294.05, compared to a loss of CNY 30,721,017.28 in the same quarter last year[47]. - The company incurred financial expenses of CNY 42,923,176.87, up from CNY 25,549,180.94 year-over-year[46]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,131,669,970.23, a decrease of 0.68% from ¥2,146,287,999.53 at the end of the previous year[9]. - The company's net assets attributable to shareholders were -¥832,318,688.39, a decline of 9.12% from -¥762,734,144.48 at the end of the previous year[9]. - Total liabilities increased to CNY 2,962,153,544.86 from CNY 2,907,003,212.33, reflecting a rise in short-term borrowings[39]. - The company’s total equity remained negative at CNY -830,483,574.63, compared to CNY -760,715,212.80 in the previous period[40]. Cash Flow - The net cash flow from operating activities for the period was -13,916,661.45 RMB, a decrease of 162.1% compared to the same period last year, primarily due to increased material payments[17]. - The cash balance at the end of the period was CNY 52,000,840.82, down from CNY 136,993,096.19 at the end of the previous period, a decrease of approximately 62%[56]. - The company experienced a cash outflow from operating activities totaling CNY 354,379,403.60, which is significantly higher than CNY 184,592,298.57 from the previous period, indicating increased operational costs[55]. - The net cash flow from investing activities was negative at CNY -263,785.37, an improvement from CNY -1,538,316.55 in the previous period[56]. Research and Development - Research and development expenses increased by 368.1% to ¥23,944,565.45, reflecting a significant rise in investment in R&D[16]. - Research and development expenses increased to CNY 23,944,565.45 from CNY 5,115,475.68 year-over-year[46]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,835[12]. - The controlling shareholder, Zhongshan Lexing Enterprise Management Consulting Co., Ltd., plans to increase its stake in the company by no less than 50 million RMB and no more than 100 million RMB within six months starting from February 19, 2021[18]. Legal and Regulatory Issues - The company’s wholly-owned subsidiary, Guangdong Suoling, was sent for bankruptcy review, and a restructuring application was filed by creditors[19]. - The company has been included in the list of dishonest executors due to litigation matters affecting its wholly-owned subsidiary, Guangdong Suoling[20]. - The company’s bank accounts and assets have been frozen or seized due to ongoing legal issues[20]. - The company received a disciplinary decision from the Shenzhen Stock Exchange regarding related parties[19]. - The company has outstanding debts and has been subject to various legal actions, including bankruptcy and restructuring applications[20]. Operational Efficiency - The company's sales expenses increased by 77.54% to ¥8,635,210.68, primarily due to rising revenue[16]. - The company reported no significant contracts or financial investments during the reporting period[29][26]. - There were no violations regarding external guarantees or non-operating fund occupation by major shareholders during the reporting period[30][31].