晓程科技(300139) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥28,328,008.92, a decrease of 27.81% compared to the same period last year[9] - Net profit attributable to shareholders was ¥543,979.80, representing a 124.88% increase from a net loss of ¥2,186,774.67 in the previous year[9] - Basic earnings per share rose to ¥0.0020, up 119.85% from a loss of ¥0.01 per share in the previous year[9] - Operating revenue for Q1 2021 was ¥28,328,008.92, a decrease of 27.81% compared to ¥39,241,273.02 in Q1 2020, primarily due to reduced gold sales in Ghana[18] - Total operating revenue for Q1 2021 was CNY 28,328,008.92, a decrease of 27.8% compared to CNY 39,241,273.02 in the same period last year[47] - The net profit attributable to shareholders of the parent company for Q1 2021 was CNY 543,979.80, compared to a net loss of CNY 2,186,774.67 in Q1 2020[49] - The net profit for the first quarter was CNY 2,734,811.05, down 43.7% from CNY 4,855,844.38 in the same period last year[53] - The total comprehensive income attributable to the parent company was CNY -13,471,515.27, compared to CNY 10,500,985.77 in the previous period[53] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥3,540,953.71, a 148.91% increase from a negative cash flow of ¥7,239,954.81 in the same quarter last year[9] - The company reported a cash and cash equivalents balance of CNY 89,836,222.83 at the end of the quarter, down from CNY 90,355,817.67 at the beginning of the period[58] - The cash flow from operating activities was CNY 3,540,953.71, a significant improvement from a negative cash flow of CNY -7,239,954.81 in the previous period[57] - The net cash flow from operating activities for Q1 2021 was ¥6,049,894.84, a significant improvement compared to a net cash outflow of ¥4,522,981.82 in the same period last year[60] - Total cash and cash equivalents at the end of Q1 2021 amounted to ¥70,409,396.01, up from ¥46,045,529.05 at the end of Q1 2020, representing a year-over-year increase of approximately 53%[61] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,131,212,091.90, a slight increase of 0.28% from the end of the previous year[9] - The total assets of the company as of Q1 2021 were ¥1,128,061,014.66, unchanged from the previous year[65] - The total liabilities stood at ¥156,789,083.04, remaining stable compared to the previous year[65] - The company's total equity was reported at ¥971,271,931.62, consistent with the previous year's figures[65] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 47,445[13] - The largest shareholder, Cheng Yi, holds 19.76% of the shares, amounting to 54,154,800 shares[13] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[14] Operational Developments - The company plans to continue developing energy and resource projects, focusing on gold mining and photovoltaic power stations in overseas markets[20] - The AKROMA gold mine is currently in normal operation, with sales revenue steadily increasing, and is expected to maintain long-term stable production[20] - The company is developing dual-mode communication chips based on broadband power line communication technology to enhance data collection efficiency[21] - The new chip development faced delays due to the COVID-19 pandemic and insufficient production capacity, but small-scale testing is underway[22] Risks and Challenges - The company faces risks from increased market competition and potential bad debt from overseas accounts receivable, particularly from clients in Ghana and South Africa[22] - The company is exposed to exchange rate risks due to significant overseas revenue in currencies such as USD and GHS, while its accounting currency is RMB[24] - The company acknowledges the risk of fluctuating international gold prices due to global economic uncertainties, which may affect revenue[26] - The COVID-19 pandemic has impacted operations in Africa, leading to restrictions that hinder staff attendance and project execution, potentially affecting production and sales[27] - The company received a qualified audit opinion for its 2019 financial report due to the inability to conduct on-site audits in South Africa and Ghana, which may affect the comparability of financial data[27] Internal Control and Compliance - The company plans to enhance internal control management and compliance checks to mitigate operational risks and promote sustainable development[29] - The company has not engaged in any illegal external guarantees during the reporting period[31] - The company has not reported any overdue commitments from major shareholders or related parties during the reporting period[32] Research and Development - Research and development expenses for Q1 2021 were CNY 1,419,406.68, compared to CNY 1,585,913.13 in Q1 2020, indicating a decrease of 10.5%[48] - Research and development expenses for the quarter were CNY 1,410,056.83, a decrease of 11% from CNY 1,585,913.13 in the previous period[52]