CES(SZ:300469)2021-04-28 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥74,044,956.45, representing a 254.55% increase compared to ¥20,884,444.97 in the same period last year[8] - The net profit attributable to shareholders was -¥24,091,523.02, an improvement of 13.32% from -¥27,793,986.38 year-over-year[8] - The net cash flow from operating activities was -¥69,162,182.30, showing a 13.71% improvement compared to -¥80,153,583.88 in the previous year[8] - The company achieved revenue of 74 million yuan, a year-on-year increase of 254.55%[16] - The net profit attributable to shareholders was -24.09 million yuan, a year-on-year increase of 13.32%[16] - The company's net loss for Q1 2021 was CNY 25,606,205.74, reflecting a deterioration from a loss of CNY 32,066,780.27 in the previous year[32] - The total comprehensive income for the first quarter was a loss of CNY 23,699,807.84, compared to a loss of CNY 29,592,530.60 in the previous year[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,118,445,954.54, an increase of 8.23% from ¥1,033,380,890.06 at the end of the previous year[8] - The total liabilities as of March 31, 2021, were CNY 847,769,828.86, up from CNY 739,004,956.62 at the end of 2020, representing an increase of approximately 14.7%[27] - The total equity attributable to shareholders decreased to CNY 211,145,950.66 from CNY 235,237,473.58, a decline of about 10.2%[27] - The total assets as of March 31, 2021, were CNY 1,118,445,954.54, compared to CNY 1,033,380,890.06 at the end of 2020, reflecting an increase of approximately 8.2%[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,923[11] - The largest shareholder, Shanghai Zhongxin Electronics Development Co., Ltd., held 22.95% of the shares, totaling 47,087,344 shares[11] Operating Costs and Expenses - Operating costs rose by 325.43%, totaling 55.84 million yuan, reflecting increased project acceptance as operations resumed[15] - Total operating costs for Q1 2021 reached CNY 99,620,962.19, compared to CNY 52,951,225.24 in Q1 2020, indicating a rise in expenses[32] - The company reported a significant increase in sales expenses, which rose to CNY 19,032,968.27 from CNY 16,871,045.92, an increase of about 12.8%[32] - The company reported a decrease in sales expenses to CNY 10,141,797.87 from CNY 13,549,718.76 in the previous period[36] Cash Flow - Cash inflow from financing activities grew by 110.20%, reaching 178 million yuan compared to 84.68 million yuan in the previous period[15] - The net cash flow from financing activities was 87,128,616.66 CNY, a significant increase from -10,781,189.57 CNY year-over-year[42] - Cash and cash equivalents at the end of the period totaled 100,801,857.89 CNY, up from 89,201,939.12 CNY in the previous year[42] - The company reported a total cash outflow from investing activities of 5,421,018.60 CNY, compared to 23,851,475.53 CNY in the same period last year[41] Government Subsidies and Future Plans - The company received government subsidies amounting to ¥1,770,769.12 during the reporting period[9] - The company plans to enhance its market presence in food traceability and information technology sectors to cultivate new profit growth points[16] - The company will focus on marketing, brand building, internal management, team development, and core technology investment to achieve annual operational goals[16] Research and Development - Research and development expenses for Q1 2021 were CNY 10,130,177.04, down from CNY 12,018,024.90 in the previous year, indicating a reduction of approximately 15.7%[32] - Research and development expenses amounted to CNY 5,098,185.57, down from CNY 7,411,348.77 in the previous period[36] Audit Status - The company has not yet audited the first quarter report for 2021[47]