SBS(SZ:300293)2021-04-27 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥279,568,705.20, a decrease of 18.56% compared to ¥343,300,016.79 in the same period last year[8]. - The net profit attributable to shareholders was -¥14,773,972.54, improving by 18.58% from -¥18,145,132.40 year-on-year[8]. - The net cash flow from operating activities was -¥30,651,493.25, a significant decline of 236.57% compared to ¥22,443,042.87 in the previous year[8]. - The basic earnings per share were -¥0.0547, a decrease of 18.57% from -¥0.0672 in the same period last year[8]. - The weighted average return on equity was -2.70%, down 3.94% from 1.24% in the previous year[8]. - The net loss for Q1 2021 was CNY 16,323,081.66, compared to a net loss of CNY 18,294,089.00 in Q1 2020, indicating an improvement in financial performance[38]. - The total comprehensive income for the period was -35,592,685.65 CNY, compared to -11,053,603.94 CNY in the same period last year, indicating a worsening in overall financial performance[39]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,181,262,409.73, down 4.25% from ¥2,277,998,837.55 at the end of the previous year[8]. - The total liabilities of the company were 1,528,410,199.61 CNY, compared to 1,607,192,302.80 CNY, showing a decrease of 4.9%[53]. - The company's total current assets as of March 31, 2021, amount to RMB 1,169.26 million, a decrease from RMB 1,310.28 million as of December 31, 2020[29]. - The company's total assets as of March 31, 2021, are RMB 2,181.26 million, down from RMB 2,277.99 million as of December 31, 2020[30]. - The company's accounts receivable decreased to RMB 263.05 million from RMB 321.32 million[29]. - The total equity attributable to shareholders decreased to CNY 568,974,294.50 from CNY 600,415,248.62, indicating a decline in shareholder value[32]. Cash Flow - The company's cash flow from operating activities showed a net outflow of -30.65 million CNY, a decline of 236.57% compared to the previous year[16]. - The company's cash and cash equivalents decreased significantly to CNY 40,455,148.44 from CNY 82,139,237.97, representing a decline of 50.7%[32]. - The company reported a significant increase in other income to CNY 1,602,386.38 from CNY 1,525,773.10, indicating improved operational efficiency[38]. - The cash received from sales of goods and services was 315,564,238.34 CNY, down from 357,940,385.21 CNY, indicating a decline of about 11.8%[44]. - The company reported a net cash flow from financing activities of -90,935,040.34 CNY, worsening from -83,812,043.95 CNY in the previous year[46]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 49,807[10]. - The largest shareholder, Shenyang Blue Ying Automatic Control Co., Ltd., held 31.21% of the shares, totaling 84,277,500 shares[11]. Government Support and Contracts - The company received government subsidies amounting to ¥1,388,899.47 during the reporting period[9]. - The company signed significant contracts, including an automation logistics procurement contract worth 107.50 million CNY, with cumulative payments received of 105.75 million CNY[19]. - The total contract amount for the overseas procurement contracts signed with various subsidiaries of Geely Engine Co., Ltd. is €14.3693 million, approximately RMB 113 million, with cumulative payments received amounting to €13.3093 million, approximately RMB 106.8071 million[20]. Market Outlook - The company anticipates growth in the industrial cleaning equipment and services market due to increased focus on supply chain security post-pandemic[17]. - The demand for medical equipment is expected to rise, leading to increased investment in high-end medical equipment development[18].