朗源股份(300175) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥49,671,563.83, a decrease of 5.68% compared to ¥52,662,653.82 in the same period last year[7] - The net profit attributable to shareholders was -¥3,295,151.63, representing a decline of 31.40% from -¥2,507,661.22 year-on-year[7] - The basic earnings per share were -¥0.0070, down 32.08% from -¥0.0053 in the same period last year[7] - Operating income for the reporting period was CNY 49,671,563.83, a decrease of 5.68% from CNY 52,662,653.82 in the same period last year[18] - Net loss for the quarter was CNY 7,048,547.37, compared to a net loss of CNY 10,367,771.89 in the same period last year[42] - The net profit for the first quarter of 2021 was -2,195,584.90 CNY, compared to -1,558,508.59 CNY in the same period last year, indicating a decline of approximately 40.8%[46] - Operating profit for the first quarter was -2,253,710.20 CNY, a decrease from -835,153.67 CNY year-over-year[46] - The total comprehensive income for the first quarter was -2,195,584.90 CNY, compared to -1,558,508.59 CNY in the previous year[47] Cash Flow - The net cash flow from operating activities increased by 133.24% to ¥7,510,569.07, compared to ¥3,220,122.41 in the previous year[7] - Cash inflow from operating activities was CNY 74,413,487.48, a decrease of 37.66% compared to CNY 119,364,505.62 in the previous year, primarily due to reduced customer payments[16] - Cash outflow from operating activities was CNY 66,902,918.41, down 42.40% from CNY 116,144,383.21 in the previous year, mainly due to reduced raw material purchases[16] - The cash inflow from financing activities was CNY 60,000,000.00, an increase of 420.67% compared to CNY 156,200,000.00 in the previous year[17] - Cash outflow from financing activities was 72,216,355.55 CNY, compared to 51,799,021.50 CNY in the previous year, indicating an increase in cash outflow[51] - The net cash flow from investment activities was -CNY 26,135,372.33, with cash inflows totaling CNY 13,828,354.72 and outflows of CNY 39,963,727.05[54] - The net cash flow from financing activities was CNY 37,132,380.13, with cash inflows of CNY 70,000,000.00 and outflows of CNY 32,867,619.87[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥984,534,443.34, a decrease of 1.63% from ¥1,000,878,805.75 at the end of the previous year[7] - The company's current assets totaled ¥535,240,031.98, down from ¥555,870,722.72 at the end of 2020, indicating a decrease of about 3.7%[32] - The total liabilities of the company were ¥308,058,120.96, a slight decrease from ¥317,353,936.00, indicating a reduction of approximately 2.6%[34] - The company's total assets decreased to CNY 987,926,874.63 from CNY 1,022,984,450.72[38] - Total liabilities were CNY 263,501,377.26, down from CNY 296,363,368.45[38] - Owner's equity totaled CNY 724,425,497.37, slightly down from CNY 726,621,082.27[38] - The total liabilities increased from CNY 317,353,936.00 to CNY 331,559,948.90, with non-current liabilities rising by CNY 12,083,051.27[58] Shareholder Information - The total number of common shareholders at the end of the reporting period was 22,781[10] - The largest shareholder, Qidaguang, holds 12.73% of the shares, amounting to 59,952,960 shares[10] - The company did not engage in any repurchase transactions during the reporting period[12] Research and Development - R&D expenses for the reporting period were CNY 1,576,790.27, a decrease of 64.16% compared to CNY 4,399,769.43 in the same period last year, primarily due to a reduction in R&D projects[15] - Research and development expenses were CNY 1,576,790.27, significantly lower than CNY 4,399,769.43 in the prior period[41] Risks and Challenges - The company faced risks related to the cyclical nature of agricultural products, which can lead to significant price fluctuations[21] - The company has not completed the performance commitments for 2019 and 2020 from the acquisition of a subsidiary, which poses a risk of not recovering performance compensation[22] - The company is actively exploring domestic market development and product transformation to mitigate the impact of the COVID-19 pandemic on its operations[22] Compliance and Governance - The company reported no violations regarding external guarantees during the reporting period[26] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[27] - The company did not engage in any research, communication, or interview activities during the reporting period[28] - The first quarter report for 2021 was not audited[61] - The company has implemented the new leasing standards starting from 2021, affecting the financial statements[56]