NCGF(SZ:300198)2021-04-27 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥144,065,047.55, representing a 30.07% increase compared to ¥110,758,830.91 in the same period last year[8]. - Net profit attributable to shareholders decreased by 93.96% to ¥241,025.94 from ¥3,991,686.24 year-on-year[8]. - Basic and diluted earnings per share dropped by 94.87% to ¥0.0002 from ¥0.0039 in the same period last year[8]. - The total profit for the period was CNY -332,958.31, down from CNY 5,838,533.29 in the previous year[51]. - The company reported a net loss of CNY 5,562,384.55 for the current period, compared to a net loss of CNY 2,508,094.16 in the previous period[55]. - The company reported a total comprehensive income of CNY 1,460,701.11, compared to CNY 4,572,529.53 in the previous period[51]. Cash Flow - The net cash flow from operating activities improved by 29.94%, reaching -¥73,990,275.23 compared to -¥105,612,608.95 in the previous year[8]. - The cash flow from operating activities was CNY 215,153,123.07, compared to CNY 224,258,411.20 in the previous period[57]. - The net cash flow from financing activities was 87,077,603.03 CNY, down from 199,977,649.13 CNY, showing a significant decrease of approximately 56%[59]. - The company recorded a net cash flow from investment activities of -57,330,234.06 CNY, worsening from -2,008,000.00 CNY in the previous period[62]. - The net increase in cash and cash equivalents was -39,663,371.53 CNY, a slight improvement from -40,338,226.58 CNY in the previous period[62]. Assets and Liabilities - Total assets at the end of the reporting period increased by 1.08% to ¥3,789,827,514.44 from ¥3,749,253,387.09 at the end of the previous year[8]. - Total liabilities increased to CNY 2,305,797,042.53 from CNY 2,269,125,666.29[43]. - The company's total equity increased to CNY 1,490,522,605.60 from CNY 1,496,084,990.15[46]. - The company's short-term borrowings increased to CNY 551,590,925.46 from CNY 537,839,026.42 at the end of 2020[41]. Expenses - The sales expenses for the first quarter were 13.94 million yuan, up 3.23 million yuan or 30.20% year-on-year, primarily due to increased operating revenue[20]. - Research and development expenses increased to 6.70 million yuan, a rise of 2.61 million yuan or 63.76% compared to the previous year, reflecting higher R&D investment[20]. - The company incurred financial expenses of CNY 5,520,225.97, a decrease from CNY 9,145,871.43 in the previous period[53]. - The company experienced a significant increase in sales expenses, which rose to CNY 7,229,956.36 from CNY 2,370,613.69 in the previous period[53]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 26,119[11]. - The largest shareholder, Chen Zhijiang, holds 20.95% of the shares, with 162,056,769 shares pledged[11]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[12]. Government Projects and Income - The company has received government availability payments totaling CNY 5,619.77 million for various projects as of March 31, 2021[27]. - Non-recurring gains and losses totaled ¥727,875.13, primarily from government subsidies and other income[9]. - The company’s other income increased to 0.82 million yuan, a rise of 0.64 million yuan or 360.41% compared to the previous year, mainly from various subsidies received[20].