ELECSPN(SZ:002935)2021-04-22 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥64,762,475.75, representing an increase of 81.76% compared to ¥35,630,397.32 in the same period last year[9]. - The net profit attributable to shareholders was -¥9,575,109.82, a 30.72% improvement from -¥13,820,967.03 year-on-year[9]. - The basic and diluted earnings per share were both -¥0.0460, an improvement of 30.72% from -¥0.0664 in the same period last year[9]. - Operating revenue increased by 81.76% to ¥64,762,475.75 compared to ¥35,630,397.32 in the same period last year, mainly due to an increase in product deliveries[20]. - Operating profit for the current period was -¥9,575,210.15, an improvement from -¥14,407,189.89 in the previous period[51]. - Net profit for the current period was -¥9,575,109.82, compared to -¥13,820,967.03 in the previous period, showing a reduction in losses[51]. - Total comprehensive income attributable to the parent company was -9,575,109.82 yuan, compared to -13,820,967.03 yuan in the previous period, indicating an improvement[55]. Cash Flow - The net cash flow from operating activities was -¥119,056,904.59, showing a decrease of 13.38% compared to -¥137,448,948.33 in the previous year[9]. - Cash inflow from operating activities was 61,448,400.38 yuan, down from 64,246,294.14 yuan year-over-year[58]. - Cash outflow from operating activities totaled 180,505,304.97 yuan, compared to 201,695,242.47 yuan in the previous period, showing a decrease[58]. - Cash flow from investing activities resulted in a net outflow of -¥71,007,659.93 yuan, compared to a net inflow of 103,220,566.21 yuan in the previous period[61]. - The company reported a cash outflow of 425,624.59 yuan related to financing activities, compared to 50,221,714.53 yuan in the previous period[61]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,848,292,382.93, reflecting a 1.05% increase from ¥1,829,064,435.12 at the end of the previous year[9]. - Total liabilities increased to ¥511,382,829.10 from ¥482,579,771.47, marking an increase of about 6.6%[44]. - The company's equity attributable to shareholders decreased to ¥1,336,909,553.83 from ¥1,346,484,663.65, a decline of approximately 0.7%[47]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,241[12]. - The largest shareholder, China Electronics Technology Group Corporation, held 43.30% of the shares[12]. Operating Costs and Expenses - Operating costs rose by 81.00% to ¥45,761,059.68 from ¥25,281,685.38, corresponding to the increase in revenue[20]. - Total operating costs for the current period were ¥79,211,374.79, compared to ¥56,119,894.01 in the previous period, indicating an increase of about 41.0%[48]. - Research and development expenses for the current period were ¥8,502,423.99, slightly down from ¥8,912,655.15 in the previous period, indicating a decrease of about 4.6%[48]. - The company reported a credit impairment loss of ¥2,755,365.47, compared to ¥1,187,081.06 in the previous period, representing an increase of approximately 132.9%[51]. Other Financial Metrics - The weighted average return on net assets was -0.71%, an improvement of 0.39% from -1.10% year-on-year[9]. - The company reported non-operating income of ¥1,800,660.19 during the reporting period[9]. - The company experienced a 44.40% decrease in taxes payable to ¥8,169,908.38 from ¥14,693,186.70, primarily due to tax payments made during the period[19]. - Other income decreased by 72.99% to ¥445,768.90 from ¥1,650,587.32, mainly due to a reduction in government subsidies received[20]. - Deferred income for the current period was ¥36,550,000.25, a slight decrease from ¥36,866,666.90 in the previous period, reflecting a decline of about 0.9%[44]. - The company reported a 90.21% increase in contract liabilities to ¥40,125,452.98 from ¥21,094,851.34, primarily due to receiving customer contract prepayments[19]. - Other current assets increased by 30.27% to ¥261,830,606.28 from ¥200,983,904.42, mainly due to the purchase of financial products[19]. - The company has invested ¥15,211.29 million directly into fundraising projects, with an additional ¥5,977.97 million used to replace previously self-funded investments[27].