神思电子(300479) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥90,375,307.90, representing an increase of 87.04% compared to ¥48,319,765.73 in the same period last year[9] - The net profit attributable to shareholders was -¥4,177,579.83, an improvement of 44.14% from -¥7,479,187.71 year-on-year[9] - The basic earnings per share for the period was -¥0.0247, showing a 44.12% improvement from -¥0.0442 in the same quarter last year[9] - The total profit margin improved by 58.96% year-on-year, indicating better operational efficiency despite ongoing challenges[18] - The total comprehensive loss for Q1 2021 was approximately ¥4.55 million, compared to a loss of ¥2.54 million in the same quarter last year, reflecting a worsening in overall financial performance[53] - The total profit for Q1 2021 was a loss of approximately ¥4.74 million, compared to a loss of ¥2.95 million in the same period last year, showing a deterioration in profitability[52] Cash Flow and Assets - The net cash flow from operating activities improved significantly to -¥12,059,501.59, a decrease of 78.78% compared to -¥56,834,467.05 in the previous year[9] - Cash received from sales increased by 84.94% to ¥114,849,011.51, indicating a significant rise in cash flow from operations[19] - As of March 31, 2021, the company's cash and cash equivalents decreased to ¥90,184,640.51 from ¥113,135,468.75 as of December 31, 2020, representing a decline of approximately 20.2%[38] - The ending cash and cash equivalents balance was CNY 63,431,297.05, a decrease from CNY 49,129,872.79 in the previous period[58] - Total cash and cash equivalents decreased by CNY 40,113,163.71 during the quarter, compared to a decrease of CNY 67,982,912.32 in the previous period[58] Shareholder Information - The total number of common shareholders at the end of the reporting period was 19,383[13] - The largest shareholder, Shandong Shensi Technology Investment Co., Ltd., held 33.92% of the shares, amounting to 57,516,148 shares[13] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[14] Liabilities and Equity - The company's total liabilities increased slightly, with accounts payable rising from ¥70,120,624.27 to ¥62,385,147.82, indicating a decrease of about 11%[39] - Total liabilities increased to CNY 134,915,099.71 in Q1 2021 from CNY 120,303,245.55 in Q1 2020, reflecting a growth of 12.5%[44] - The total equity attributable to shareholders was CNY 595,583,210.46, down from CNY 599,826,531.23 in the previous year[44] Business Operations - The company is focusing on its strategic upgrade in AI cloud services, which is expected to enter a rapid growth phase[24] - The identity verification business generated ¥4,317.58 million in revenue, while the AI business contributed ¥2,139.88 million[21] - The company has completed significant upgrades to its cloud monitoring systems and AI solutions, enhancing product capabilities[21] - The company faces risks related to talent acquisition and product quality as it scales its operations[24] Research and Development - Research and development expenses for Q1 2021 amounted to CNY 12,076,807.23, a decrease of 7.8% compared to CNY 13,096,006.31 in Q1 2020[47] - Research and development expenses for Q1 2021 were approximately ¥6.57 million, a decrease of 14.9% from ¥7.72 million in the previous year[51] Other Financial Metrics - The company reported non-recurring gains and losses totaling ¥3,664,899.22 for the period, primarily from government subsidies and other income[10] - The company reported a net loss from investments of CNY 185,302.95 in Q1 2021, compared to a gain of CNY 247,005.98 in the same period last year[47] - The company incurred financial expenses of approximately ¥0.37 million in Q1 2021, a decrease from ¥0.74 million in the same period last year, indicating improved cost management[51]