ST天龙(300029) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥29,461,266.14, representing a significant increase of 5,214.03% compared to ¥554,405.16 in the same period last year[7] - The net profit attributable to shareholders was -¥7,418,945.89, a decrease of 140.57% from -¥3,083,894.33 year-on-year[7] - The basic earnings per share were -¥0.0371, a decline of 140.91% from -¥0.0154 in the same period last year[7] - Operating profit for the period was -CNY 2.07 million, a reduction in loss by 32.77% year-over-year[16] - Net profit attributable to shareholders was -CNY 7.42 million, representing a 140.57% increase in loss compared to the same period last year, primarily due to provisions for litigation compensation[15] - Net loss for Q1 2021 was CNY 7,346,266.61, worsening from a net loss of CNY 3,083,894.33 in the previous year[38] - The company reported a total comprehensive loss of CNY 7,346,266.61 for Q1 2021, compared to a loss of CNY 3,083,894.33 in the previous year[39] - The total comprehensive income for the first quarter was -10,603,678.22 CNY, compared to -3,083,195.29 CNY in the previous period[43] Cash Flow - The net cash flow from operating activities was ¥34,048,267.75, showing an increase of 2,451.26% compared to -¥1,448,087.91 in the previous year[7] - Cash flow from operating activities saw a substantial increase, totaling CNY 66.76 million, up 5081.71% from the previous year[15] - Operating cash inflow amounted to 66,755,600.05 CNY, significantly up from 1,288,292.49 CNY in the previous period[46] - The net cash flow from operating activities was 34,048,267.75 CNY, a recovery from -1,448,087.91 CNY in the previous period[46] - Cash and cash equivalents at the end of the period reached 38,213,399.03 CNY, compared to 625,100.09 CNY at the end of the previous period[47] - The company received 3,400,000.00 CNY from financing activities, with no cash outflow recorded for debt repayment or dividend distribution[47] - The cash flow from investment activities showed a net inflow of 20,363.00 CNY, indicating a positive cash generation from asset disposals[50] - The company reported a significant increase in cash received from sales of goods and services, totaling 66,116,543.60 CNY[45] - The total cash inflow from operating activities included 28,681.60 CNY received from tax refunds[45] - The company’s cash flow from financing activities was solely from other financing-related cash received, totaling 3,400,000.00 CNY[50] - The impact of exchange rate changes on cash and cash equivalents was a positive 32,441.05 CNY, contrasting with a negative impact of -6,444.85 CNY in the previous period[47] Assets and Liabilities - The total assets at the end of the reporting period were ¥184,245,152.28, down 16.56% from ¥220,807,920.85 at the end of the previous year[7] - The company's current assets totaled CNY 113,010,808.20, down from CNY 148,004,725.95, indicating a decrease of about 23.6%[28] - The total assets increased significantly, with cash and cash equivalents rising from CNY 625,100.09 to CNY 38,213,399.03[15] - Accounts receivable decreased to CNY 44,658,776.38 from CNY 98,891,781.82, a reduction of approximately 54.9%[28] - Inventory levels dropped to CNY 19,037,620.32 from CNY 38,642,652.92, marking a decline of about 50.8%[28] - Total liabilities decreased to CNY 179,167,988.03 from CNY 208,384,489.99, a reduction of approximately 13.9%[30] - The company's total liabilities increased to CNY 84,608,573.75 from CNY 78,054,642.89 year-over-year[37] - The company's equity attributable to shareholders decreased to CNY 5,162,056.87 from CNY 12,581,002.76, reflecting a decline of about 59.0%[31] - The total equity of the company decreased to CNY 5,555,159.26 from CNY 16,158,837.48 in the previous period[37] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,987[10] - The top shareholder, Dayou Holdings Co., Ltd., held 12.80% of the shares, amounting to 25,598,494 shares[10] Risks and Challenges - The company faces liquidity risks due to a court ruling related to a guarantee for a project, with a maximum liability estimated at CNY 39.74 million[18] - The company is under delisting risk warning due to negative net profit in 2020 and revenue below CNY 100 million after special deductions[17] - The company reported a net loss of CNY 1,055,677,090.49 as of March 31, 2021, compared to a loss of CNY 1,048,258,144.60 at the end of 2020[31] Research and Development - Research and development expenses for Q1 2021 were CNY 725,236.66, up from CNY 176,240.07 in the same period last year[37] Non-Operating Activities - The company reported non-operating income and expenses totaling -¥4,413,151.04, primarily due to other operating expenses[8] - The company did not engage in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[22] - There were no research, communication, or interview activities recorded during the reporting period[23]