GQY视讯(300076) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥29,219,676.74, representing a 23.66% increase compared to ¥23,628,896.79 in the same period last year[7] - The net profit attributable to shareholders was a loss of ¥3,765,562.28, a decrease of 181.88% from a profit of ¥4,599,019.58 in the previous year[7] - The basic earnings per share were -¥0.01, down 200.00% from ¥0.01 in the previous year[7] - The total operating revenue for the first quarter was CNY 28,969,084.70, compared to CNY 23,628,896.79 in the previous period, indicating a growth of approximately 22.5%[49] - The total profit for the quarter was a loss of CNY 3,583,402.88, compared to a profit of CNY 5,207,147.83 in the previous year, indicating a significant decline in overall profitability[46] Cash Flow - The net cash flow from operating activities was -¥137,829,952.37, a decline of 817.41% compared to ¥19,212,094.51 in the same period last year[7] - The company experienced a significant increase in cash outflows from operating activities, totaling CNY 165,296,183.95, up 878.70%[18] - The cash flow from operating activities was CNY 25,455,161.28, down from CNY 30,796,124.38 in the previous period, indicating a decrease in cash generation[53] - The company reported a total cash outflow from operating activities of 165,296,183.95 CNY, compared to 16,889,444.29 CNY in the previous period[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,101,970,504.90, a decrease of 1.90% from ¥1,123,310,680.83 at the end of the previous year[7] - The net assets attributable to shareholders were ¥1,027,973,452.03, a decrease of 0.36% from ¥1,031,739,014.31 at the end of the previous year[7] - Total liabilities decreased to CNY 59,308,769.82 from CNY 79,689,970.51[42] - Current liabilities decreased to CNY 56,437,883.34 from CNY 76,514,636.73[42] Investments - The company reported an investment income of CNY 4,134,736.35, a notable increase from CNY 41,010.48 in the previous period[49] - The company plans to publicly transfer 100% equity of its wholly-owned subsidiary, Ningbo Intercontinental Robotics Co., Ltd., with a base price of CNY 1.4549 million[20] - The company has completed 89.98% of the investment in the high-definition large screen splicing display system project, with a total commitment of 22.74 million CNY[26] - The company has disposed of its equity in Shenzhen Xindongtai Imaging Technology Co., Ltd. as part of its strategic adjustments[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,803[11] - The largest shareholder, Ningbo Gaosi Investment Co., Ltd., held 29.72% of the shares, totaling 125,996,000 shares[11] Research and Development - Research and development expenses grew by 54.59% to CNY 1,552,245.05, reflecting increased investment in R&D[18] - Research and development expenses were CNY 1,552,245.05, up from CNY 1,004,131.84, indicating a commitment to innovation[49] Government Support - The company received government subsidies amounting to ¥92,127.82 during the reporting period[8] Fair Value Changes - The company reported a fair value change gain of ¥3,199,984.39 primarily from bank wealth management product investments[8] - The company reported a fair value change gain of CNY 497,778.39, down from CNY 643,564.49 in the previous period, suggesting a decrease in asset valuation gains[50] Other Financial Metrics - Cash and cash equivalents decreased by 53.21% to CNY 120,889,134.70 due to a reduction in bank deposit products[17] - Other receivables increased by 897.09% to CNY 106,900,545.14, primarily due to loans paid to Peace Electronics (Shenzhen) Co., Ltd.[17] - Inventory rose by 29.25% to CNY 45,514,589.53, driven by increased sales volume[17] - Operating costs surged by 90.09% to CNY 25,336,640.55, attributed to higher sales[17]