ST金运(300220) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥81,025,996.12, representing a 374.34% increase compared to ¥12,508,512.62 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥4,562,465.46, which is a 35.63% improvement from a loss of ¥5,387,986.73 in the previous year[8] - The total revenue for Q1 2021 reached ¥81,025,996.12, a significant increase of 374.34% compared to ¥17,081,717.41 in Q1 2020, driven by the stabilization of the pandemic and gradual sales growth[18] - Operating costs for Q1 2021 were ¥54,156,753.71, reflecting a 451.14% increase from ¥9,826,316.13 in Q1 2020, attributed to rising sales[18] - The net loss for Q1 2021 was CNY 4,375,548.05, an improvement from a net loss of CNY 7,194,181.08 in Q1 2020[39] - The gross profit margin for Q1 2021 was approximately -4.9%, compared to -44.0% in the same period last year, reflecting improved operational efficiency[39] Cash Flow - The net cash flow from operating activities was a negative ¥11,915,352.79, worsening by 53.05% compared to a negative ¥6,008,957.37 in the same period last year[8] - The net cash flow from operating activities for Q1 2021 was -¥11,915,352.79, a 53.05% decline compared to -¥7,785,231.89 in Q1 2020, due to increased investment in new business despite higher cash inflows from sales[19] - The company reported a net cash flow from investing activities of -¥5,258,522.21 in Q1 2021, a 291.28% decrease from ¥2,749,149.64 in Q1 2020, primarily due to increased cash payments for fixed asset purchases[19] - The net cash flow from financing activities was -¥9,565,330.95 in Q1 2021, down 289.87% from ¥5,037,858.21 in Q1 2020, as cash received from borrowings decreased[19] - Total cash outflow from operating activities was CNY 114,735,406.01, up from CNY 44,498,731.31 in the previous period[47] Assets and Liabilities - The total assets at the end of the reporting period were ¥420,406,370.01, a decrease of 7.11% from ¥369,657,663.01 at the end of the previous year[8] - Total current assets decreased from CNY 275,157,328.09 to CNY 240,108,337.36, a decline of approximately 12.7%[29] - Total liabilities decreased from CNY 231,126,437.89 to CNY 203,303,589.44, a reduction of approximately 12.0%[31] - Total assets decreased from CNY 452,603,896.99 to CNY 420,406,370.01, a decrease of approximately 7.1%[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,341[12] - The largest shareholder, Liang Wei, holds 35.85% of the shares, amounting to 54,206,401 shares, with 9,076,000 shares pledged[12] Government Support - The company received government subsidies amounting to ¥944,484.80 during the reporting period[9] - The company recorded a 64.62% increase in other income to ¥944,484.80 in Q1 2021, compared to ¥573,729.44 in Q1 2020, driven by higher subsidy income[18] Operational Challenges - The company anticipates a potential net loss for the year due to increased operational expenses from expanding its IP derivative business and marketing efforts[23] - The company faced a 513.20% increase in credit impairment losses, amounting to -¥1,148,036.85 in Q1 2021, compared to -¥187,221.17 in Q1 2020, due to increased provisions for bad debts[18] Other Financial Metrics - The basic earnings per share were -¥0.0302, improving by 35.66% from -¥0.0428 in the same period last year[8] - The weighted average return on net assets was -2.17%, slightly worse than -2.10% in the previous year[8] - Research and development expenses were not specified for Q1 2021 but were CNY 365,395.79 in Q1 2020, indicating a potential focus on innovation[38] - The company experienced a decrease in investment income, reporting a loss of CNY 907,060.72 in Q1 2021 compared to a gain of CNY 3,022.18 in Q1 2020[38] Audit Status - The report was not audited, indicating that the figures may be subject to change upon final review[52]