CAPOL(SZ:002949)2021-04-27 16:00Financial Performance - The company's operating revenue for the first quarter was ¥364,934,290.52, representing a 92.12% increase compared to ¥189,946,435.50 in the same period last year[6] - The net profit attributable to shareholders was -¥7,737,858.06, an improvement from -¥26,379,198.12 year-over-year[6] - The basic earnings per share were -¥0.0395, compared to -¥0.1346 in the previous year[6] - The net loss for Q1 2021 was ¥7,582,378.54, an improvement from a net loss of ¥25,480,383.05 in Q1 2020[49] - Basic earnings per share for Q1 2021 were -¥0.0395, an improvement from -¥0.1346 in Q1 2020[49] Revenue Breakdown - The architectural design business generated revenue of ¥226,048,500, a 47.96% increase year-over-year[15] - The cost consulting business achieved revenue of ¥32,511,400, reflecting a 31.97% growth compared to the previous year[15] - New business segments, including general contracting and full-process consulting, generated revenue of ¥105,804,700, marking a significant increase of 791.07% year-over-year[15] - Total operating revenue for Q1 2021 reached ¥364,934,290.52, a significant increase of 92% compared to ¥189,946,435.50 in Q1 2020[46] Cash Flow and Investments - The net cash flow from operating activities was -¥270,724,386.99, worsening from -¥159,313,861.01 in the previous year[6] - The company redeemed financial products, leading to a net cash flow from investing activities of CNY 147,696,089.16, a significant improvement from CNY -206,882,244.59 last year[16] - Operating cash inflow for the first quarter was CNY 275,017,334.55, up from CNY 172,112,948.00 in the previous period, representing a 60% increase[53] - Cash inflow from investment activities totaled CNY 783,622,935.31, down from CNY 1,044,033,055.41, indicating a decrease of approximately 25%[53] - The company experienced a net decrease in cash and cash equivalents of CNY 176,180,335.23 during the quarter, compared to a decrease of CNY 307,375,305.73 in the same period last year[56] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,720,884,640.13, a decrease of 1.18% from ¥2,753,464,761.56 at the end of the previous year[6] - The company's total liabilities decreased from 1,307,265,578.51 CNY at the end of 2020 to 1,283,228,180.49 CNY by March 31, 2021[41] - The total liabilities of the company decreased to ¥1,338,598,713.53 from ¥1,389,019,968.21 at the end of 2020, reflecting a reduction of about 4%[45] - Total liabilities increased from CNY 1,307,265,578.51 to CNY 1,460,897,960.10, a rise of CNY 153,632,381.59[65] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,022[10] - The company plans to grant 7.5 million stock options to 76 incentive targets, representing 3.83% of the total share capital[17] Management and Strategic Changes - The company has undergone a change in management, appointing a new general manager to align with strategic development needs[21] Contractual Obligations - The total amount of significant contracts includes a project with Shenzhen Futian District Education Bureau valued at 27,200 million CNY for the renovation of Lianhua Primary School, with a current revenue recognition of 3 million CNY out of 119 million CNY[28] - The company has ongoing contracts with a total value of 154,594 million CNY, including the expansion of Guanlan Middle School and other projects, with a cumulative revenue recognition of 5,733 million CNY out of 38,964 million CNY[30] Other Financial Metrics - The company reported a significant increase in goodwill by 1310.67%, reaching CNY 10,848,743.71, primarily due to the acquisition of subsidiary Huayang Interconnection[16] - Contract assets grew by 34.29% to CNY 238,703,451.66, attributed to an increase in unbilled amounts from completed projects[16] - Research and development expenses for Q1 2021 were ¥18,726,990.62, compared to ¥14,927,161.78 in Q1 2020, marking a 25% increase[46] - The company reported an investment income of ¥2,405,072.49 in Q1 2021, a recovery from a loss of ¥24,520.41 in the same period last year[49]