深信服(300454) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,092,000,845.13, representing a 79.37% increase compared to ¥608,803,835.17 in the same period last year[4] - The net loss attributable to shareholders was ¥96,075,719.14, a 50.40% improvement from a loss of ¥193,694,748.36 in the previous year[4] - The basic earnings per share were -¥0.23, showing a 52.08% improvement from -¥0.48 in the previous year[4] - The company reported a significant decrease of 95.81% in derivative financial assets, down to CNY 635,743.16, due to a decline in the fair value of currency swaps related to euro borrowings[16] - The company reported a total comprehensive income of -¥96,966,293.28 for the current period, compared to -¥192,508,687.87 in the previous period, indicating a significant reduction in losses[54] Cash Flow - The net cash flow from operating activities improved by 53.50%, reaching -¥417,092,575.19 compared to -¥896,994,100.11 in the same period last year[4] - Cash inflow from operating activities amounted to 1,454,532,194.32 CNY, compared to 711,757,714.10 CNY in the prior period, indicating a 104% increase[61] - The cash flow from sales of goods and services reached 1,328,184,892.23 CNY, compared to 598,522,244.04 CNY in the previous period, marking a 121% increase[59] - The company reported a cash outflow from financing activities of -18,063,809.23 CNY, with no cash inflow recorded during the period[63] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,237,035,842.38, a decrease of 4.34% from ¥9,655,831,617.91 at the end of the previous year[4] - The total current liabilities decreased to CNY 2,289,044,286.53 from CNY 2,732,499,767.36, reflecting a decrease of approximately 16.24%[50] - Total liabilities decreased to CNY 2,535,746,195.69 from CNY 2,920,054,677.10, reflecting a reduction of about 13.16%[50] - The company's equity increased slightly to CNY 6,206,719,389.79 from CNY 6,198,497,617.53, indicating a growth of approximately 0.03%[51] Expenses - Operating costs increased to ¥366,167,414.08, reflecting a 78.41% rise from ¥205,238,140.19, mainly driven by the increase in revenue[18] - Research and development expenses amounted to ¥481,221,354.66, up 55.98% from ¥308,517,412.56, attributed to the increase in personnel costs related to R&D[18] - The company reported a significant increase in sales expenses to ¥514,211,397.12, a 39.83% rise from ¥367,744,846.49, mainly due to increased personnel costs and marketing expenses[18] Shareholder Information - The company has a total of 413,808,338 shares outstanding as of the last trading day before the report disclosure[4] - The top shareholder, He Chaoxi, holds 20.36% of the shares, amounting to 84,240,000 shares, which are pledged[9] - The top 10 unrestricted shareholders held a total of 200,127,558 shares at the end of the reporting period[14] Market and Competition - The company anticipates intensified competition in the cybersecurity and cloud computing markets, which may compress growth opportunities[23] - The company plans to enhance its R&D investment strategy and improve customer satisfaction to respond to increasing competition[23] - The company adjusted its top five suppliers and customers, indicating a normal dynamic change that will not materially impact operations[21] Investment and Fundraising - The total amount of raised funds is 88,124.22 million CNY, with 3,445.65 million CNY invested in the current quarter[29] - The company plans to increase R&D and sales investments to maintain core competitiveness in the cybersecurity and cloud computing sectors, despite rising costs[25] - The total investment in committed projects amounts to RMB 88,124.22 million, with a significant portion allocated to network information security services and product R&D projects[34] Tax and Refunds - The company expects to maintain stable tax refund policies related to software product sales, which are considered regular income[8] - The company received tax refunds amounting to 84,857,756.40 CNY, slightly down from 93,987,016.40 CNY in the prior period[61] Other Financial Metrics - The company reported non-recurring gains of ¥55,897,820.61, which included government subsidies and other income[7] - The company has utilized RMB 700,000,000.00 of idle fundraising for cash management, investing in low-risk financial products[36] - The company has not experienced any significant changes in project feasibility or any non-compliance with external guarantees during the reporting period[38]