NEW JCM(SZ:300157)2021-04-28 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥87,629,159.75, representing a 42.35% increase compared to ¥61,559,420.67 in the same period last year[7] - The net profit attributable to shareholders was -¥53,684,451.31, a decrease of 26.67% from -¥42,382,334.97 year-on-year[7] - The basic earnings per share for the period was -¥0.08, a decrease of 33.33% from -¥0.06 in the same period last year[7] - The diluted earnings per share also stood at -¥0.08, reflecting the same percentage decrease of 33.33%[7] - The net profit for the first quarter of 2021 was -27,301,488.28 CNY, compared to -16,595,472.67 CNY in the same period last year, indicating a decline in profitability[48] - The total comprehensive income for the first quarter was -27,301,488.28 CNY, reflecting a worsening financial position compared to -16,595,472.67 CNY in the same quarter last year[49] Cash Flow - The net cash flow from operating activities was -¥16,748,375.03, a significant decline of 138.23% compared to ¥43,804,118.00 in the previous year[7] - Cash inflow from operating activities decreased by 43.58% year-on-year, primarily due to lower collection of receivables[16] - The company reported cash inflows from operating activities of 178,178,261.61 CNY, while cash outflows totaled 194,926,636.64 CNY, leading to a net cash outflow from operating activities[52] - The financing activities resulted in a net cash outflow of -57,648,537.93 CNY, compared to -188,899,509.40 CNY in the previous year, showing a reduced cash outflow in financing[53] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,158,781,342.59, down 8.92% from ¥3,468,215,504.10 at the end of the previous year[7] - The company's current assets totaled CNY 1,436,035,219.28, down from CNY 1,728,022,756.29 at the end of 2020, indicating a decrease of about 17.0%[33] - The company's total liabilities were CNY 1,906,856,903.01, down from CNY 2,184,468,441.38, showing a decrease of approximately 12.7%[35] - The total equity attributable to shareholders of the parent company was CNY 880,753,762.07, down from CNY 923,956,396.08, reflecting a decline of about 4.7%[36] Revenue and Costs - Operating costs for Q1 rose by 41.80% year-on-year, correlating with the increase in sales of high-end equipment manufacturing[16] - Total operating costs for Q1 2021 amounted to CNY 142,401,448.97, up from CNY 108,393,709.30 in the previous period[43] - The company's revenue for Q1 increased by 42.35% year-on-year, reaching 87.63 million yuan, primarily due to higher sales in high-end equipment manufacturing[18] Investment and Financing - Investment income in Q1 skyrocketed by 309.34% year-on-year, attributed to gains from equity disposals[16] - Cash inflow from investing activities increased by 59.95% year-on-year, mainly from the disposal of equity stakes in Aohua and Huashengxin[17] - The net cash flow from investment activities was 84,138,650.00 CNY, with total cash inflows of 386,091,650.00 CNY and outflows of 301,953,000.00 CNY[56] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 35,454[11] - The top five customers accounted for 62.13% of total sales, with the largest customer contributing 28.28% of total sales[19] Risks and Future Plans - The company faces significant risks including industry volatility, talent retention, and potential impairment of goodwill due to acquisitions[20][21] - The company plans to enhance core business growth, improve cash flow, and address short-term debt issues through asset disposals and better receivable management[24]