四方精创(300468) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 146,734,864.44, representing a 48.18% increase compared to CNY 99,025,379.99 in the same period last year[8] - Net profit attributable to shareholders was CNY 8,667,406.06, up 20.71% from CNY 7,180,618.05 year-on-year[8] - The net profit after deducting non-recurring gains and losses was CNY 7,152,995.32, a slight increase of 2.16% from CNY 7,001,862.15[8] - The basic earnings per share increased by 20.95% to CNY 0.0306 from CNY 0.0253 in the previous year[8] - Total operating income for Q1 2021 was CNY 107,728,695.06, compared to CNY 73,888,064.61 in the previous period, representing a significant increase[37] - Net profit for Q1 2021 reached CNY 8,667,406.06, up from CNY 7,180,618.05 in the same period last year, indicating a growth of approximately 20.7%[34] - The company reported a total profit of CNY 8,969,797.49 for Q1 2021, an increase from CNY 7,760,339.13 in the prior year[34] - Basic and diluted earnings per share for Q1 2021 were both CNY 0.0306, compared to CNY 0.0253 in the previous year, marking an increase of approximately 21%[35] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,236,589,950.80, a decrease of 1.21% from CNY 1,251,771,470.81 at the end of the previous year[8] - Total assets decreased to CNY 1,179,611,717.38 from CNY 1,196,746,365.79, a decline of about 1.4%[30] - Total liabilities decreased to CNY 40,011,867.37 from CNY 65,833,655.79, representing a reduction of approximately 39.1%[30] - The company reported a significant increase in accounts payable, which rose by 411.19% to CNY 90.73 million, mainly due to increased amounts owed to suppliers[16] - The company’s total liabilities included lease liabilities of CNY 135.05 million, recognized under new leasing standards[16] - Current liabilities totaled CNY 82,015,342.99, while total liabilities reached CNY 86,327,863.16[51] - The company reported a total of CNY 61,198,660.95 in payable employee compensation[51] - Deferred income tax liabilities were recorded at CNY 4,312,520.17[51] Cash Flow - The company reported a net cash flow from operating activities of CNY -67,427,668.67, an improvement of 3.09% compared to CNY -69,577,830.83 in the previous year[8] - The net cash flow from operating activities was -67,427,668.67 yuan, showing a slight improvement from -69,577,830.83 yuan in the previous period, indicating a narrowing loss[42] - Total cash inflow from operating activities amounted to 101,980,522.18 yuan, compared to 52,809,821.86 yuan in the previous period, reflecting a significant increase[40] - Cash outflow from operating activities totaled 169,408,190.85 yuan, up from 122,387,652.69 yuan in the previous period, indicating increased operational expenses[42] - The company’s cash flow from investing activities was negative at CNY -3.83 million, primarily due to increased fixed asset purchases and office renovations[17] - The net cash flow from investing activities was -3,830,178.06 yuan, worsening from -626,522.67 yuan in the previous period, indicating increased investment outflows[42] - The cash flow from financing activities resulted in a net outflow of -1,058,597.24 yuan, with cash outflows for dividend payments and other financing activities[43] Shareholder Information - The company had a total of 43,866 common shareholders at the end of the reporting period[12] - The largest shareholder, Yiqun Group Holdings, held 24.45% of the shares, amounting to 69,280,501 shares[12] - The total equity attributable to shareholders increased to CNY 1,139,599,850.01 from CNY 1,130,912,710.00, showing a slight increase of approximately 0.6%[30] Research and Development - Research and development expenses increased by 52.80% to CNY 193.39 million, indicating a commitment to enhancing innovation[16] - Research and development expenses amounted to CNY 19,339,408.00, compared to CNY 12,657,079.30 in the previous year, reflecting a year-over-year increase of about 52.6%[34] Market Strategy - The company plans to continue expanding its domestic and international markets, focusing on new technology applications such as blockchain and AI[18] Other Financial Metrics - The company experienced a decrease in other comprehensive income, with a net amount of CNY -706,649.20 for Q1 2021, compared to CNY 5,215,195.24 in the previous year[34] - The company reported a financial expense of CNY 1,480,655.02, compared to a financial income of CNY -3,801,244.02 in the previous year, indicating a significant change in financial performance[33] - The total comprehensive income for Q1 2021 was CNY 7,960,756.86, down from CNY 12,395,813.29 in the previous year[35] Compliance and Standards - The company has implemented new leasing standards starting in 2021, which may affect future financial reporting and asset valuations[47] - The company has not undergone an audit for the first quarter report[56]