HBGK(SZ:300449)2021-04-28 16:00Financial Performance - The company's revenue for Q1 2021 was ¥74,501,119.35, representing a 36.41% increase compared to ¥54,613,935.36 in the same period last year[8] - The net profit attributable to shareholders was -¥8,995,533.28, a decrease of 170.68% from ¥12,726,773.70 in the previous year[8] - The basic earnings per share were -¥0.03, a decline of 175.00% from ¥0.04 in the same period last year[8] - The diluted earnings per share were also -¥0.03, reflecting the same percentage decline of 175.00%[8] - The net loss for the period was CNY 8,886,516.46, compared to a net profit of CNY 13,533,910.18 in the previous year, reflecting a substantial decline in profitability[38] - The total comprehensive income for Q1 2021 was a loss of CNY 8,995,533.28, compared to a comprehensive income of CNY 12,726,773.70 in the previous year[40] Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥10,065,460.63, a 58.77% increase compared to -¥24,589,854.98 in the same period last year[8] - The company's cash and cash equivalents increased by 105.73% to 2,323,981.83 CNY, driven by improved cash flow from operating, investing, and financing activities[18] - The company's cash and cash equivalents decreased to CNY 2,966,836.43 from CNY 4,952,158.48, a decline of about 40.1%[32] - The company's operating cash flow for Q1 2021 was a net outflow of CNY 10,065,460.63, an improvement from a net outflow of CNY 24,589,854.98 in the same period last year[47] - The cash flow from sales of goods and services reached CNY 56,546,998.40, a substantial increase from CNY 18,742,626.95 in the previous year[49] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,435,697,666.43, up 2.36% from ¥1,402,637,147.00 at the end of the previous year[8] - The total liabilities increased to CNY 588,655,534.82 from CNY 572,504,591.96, indicating a rise of approximately 2.6%[35] - The company's total assets as of March 31, 2021, amounted to CNY 1,532,161,214.28, up from CNY 1,517,530,438.17 at the end of 2020[35] - Total liabilities reached CNY 486,743,613.76, reflecting an increase of CNY 13,230,631.24[56] - The total non-current liabilities rose to CNY 55,486,732.55 from CNY 21,916,384.55, reflecting an increase of approximately 152.5%[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,477[11] - The total equity attributable to shareholders was CNY 943,505,679.46, slightly down from CNY 945,025,846.21[35] - The company's equity totaled CNY 915,893,533.24, remaining unchanged from the previous period[56] Research and Development - Research and development expenses rose by 30.82% to 4,669,373.14 CNY, reflecting increased investment in R&D[18] - Research and development expenses for Q1 2021 were CNY 4,669,373.14, compared to CNY 3,569,294.78 in Q1 2020, marking an increase of approximately 30.7%[38] Operational Highlights - The company plans to enhance the commercial promotion of digital watermark technology and expand operational smart security projects based on the successful model of the Yinchuan project[19] - The company aims to deepen its engagement in the broadcasting system and improve service quality in the Yinchuan project to uncover potential business opportunities[19] Financial Adjustments and Standards - The company executed the new leasing standards from January 1, 2021, impacting asset and liability classifications[57] - The company has adopted the new leasing standards effective from January 1, 2021, impacting the classification of related assets and liabilities[61] Audit and Reliability - The first quarter report was not audited, which may affect the reliability of the financial data presented[63]