超图软件(300036) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥269,540,450.20, representing a 21.63% increase compared to ¥221,600,410.71 in the same period last year[9] - The net profit attributable to shareholders for Q1 2021 was ¥11,551,079.90, up 30.95% from ¥8,821,220.19 in the previous year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥9,846,993.56, reflecting a significant increase of 78.96% compared to ¥5,502,420.20 in the same period last year[9] - The basic earnings per share for Q1 2021 was ¥0.026, a 30.00% increase from ¥0.020 in the previous year[9] - The company's revenue for Q1 2021 reached 269.54 million yuan, representing a year-on-year growth of 21.63%[34] - The net profit attributable to shareholders was 115.51 million yuan, an increase of 30.95% compared to the same period last year[34] - The net profit for the first quarter of 2021 was CNY 14,319,843.36, up from CNY 10,175,023.72 in the same quarter of the previous year, reflecting a growth of approximately 40.6%[77] - The company's net profit for the current period is 10,825,631.71, compared to 7,536,219.91 in the previous period, representing an increase of approximately 43.5%[80] - The net profit attributable to shareholders of the parent company is 11,551,079.90, compared to 8,821,220.19 in the previous period, reflecting an increase of approximately 30.9%[80] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,408,437,705.49, a decrease of 4.92% from ¥3,584,908,028.11 at the end of the previous year[9] - The net assets attributable to shareholders at the end of the reporting period were ¥2,163,635,143.72, showing a slight increase of 0.67% from ¥2,149,331,044.49 at the end of the previous year[9] - The company's cash and cash equivalents decreased by 40.67% compared to the beginning of the period, mainly due to investments in financial products and operational expenditures[24] - The total current liabilities decreased to CNY 1,222,792,386.18 from CNY 1,412,482,351.57, a reduction of about 13.4%[63] - The total liabilities decreased to CNY 1,248,722,543.08 from CNY 1,439,764,894.87, a decrease of approximately 13.3%[63] - The company's total equity remained stable at CNY 2,159,715,162.41 as of March 31, 2021[63] Cash Flow - The net cash flow from operating activities for Q1 2021 was -¥392,109,063.43, which is a decline of 22.21% compared to -¥320,840,122.37 in the same period last year[9] - Cash inflow from operating activities was 220,560,607.07, compared to 156,893,853.11 in the previous period, showing a significant increase of approximately 40.5%[88] - The net cash flow from investment activities was -52,702,469.30, an improvement from -172,485,564.15, showing a reduction in losses by approximately 69.5%[91] - The ending balance of cash and cash equivalents was 639,742,488.62, up from 338,239,133.33, reflecting an increase of approximately 88.9%[94] - The company reported a net cash outflow of 444,869,201.81 from cash and cash equivalents, slightly improved from -493,005,687.56 in the previous period[94] Expenses and Costs - The total operating costs for the first quarter of 2021 were CNY 265,663,260.76, compared to CNY 214,439,540.47 in the previous year, indicating an increase of about 23.9%[77] - The company's development expenses rose by 41.55% year-on-year, attributed to the capitalization of R&D costs[24] - The company's financial expenses decreased by 33.60% year-on-year, mainly due to increased interest income[24] - The company reported a research and development expense of CNY 40,993,709.61 for the first quarter of 2021, slightly down from CNY 41,077,379.61 in the previous year[77] - The company’s research and development expenses for the current period are 10,830,618.82, slightly down from 11,754,944.48 in the previous period, indicating a decrease of about 7.8%[84] Inventory and Receivables - The company's inventory increased by 32.14% compared to the beginning of the period, mainly due to increased contract performance costs for unaccepted projects[24] - The company's net accounts receivable reached 705 million yuan by the end of the reporting period, indicating rapid growth in accounts receivable due to business expansion[45] - The company's goodwill amounted to 707 million yuan, representing 32.69% of the equity attributable to the parent company, primarily resulting from recent acquisitions[46] - Accounts receivable increased to CNY 705,134,633.96 from CNY 624,021,355.27, marking an increase of approximately 13.0%[57] - The company’s inventory increased to CNY 152,109,868.31 from CNY 145,001,414.76, indicating a rise of approximately 4.8%[67] Strategic Initiatives - The company plans to enhance brand promotion and market expansion efforts, targeting both government sectors and overseas markets to improve core competitiveness and profitability[43] - The company aims to strengthen its project management system to improve delivery efficiency and customer satisfaction amid increasing project complexity[44] - The company is committed to continuous technological innovation and business model development to leverage its accumulated industry experience[43] - The company will focus on maintaining its main business advantages while adapting to customer and market demands[44] - The company has established a mechanism for monitoring and collecting accounts receivable to mitigate the risk of bad debts, ensuring sustainable cash flow[45] Risks and Challenges - The company faces significant risks related to uneven performance between the first and second halves of the year, with a higher proportion of revenue typically recognized in the second half[44] - The actual tax burden of VAT exceeding 3% resulted in a refund of ¥9,333,586.99, related to software product sales[12] - The total amount of cash received from tax refunds increased by 8698.93% year-on-year, due to higher VAT refunds received[28] - The company has not reported any overdue commitments from major stakeholders during the reporting period[48]