通合科技(300491) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥49,413,525.57, representing a 239.90% increase compared to ¥14,537,675.06 in the same period last year[7] - The net profit attributable to shareholders was -¥3,682,703.46, an improvement of 78.31% from -¥16,979,631.77 year-on-year[7] - The basic earnings per share were -¥0.02, showing an 81.82% improvement from -¥0.11 in the same period last year[7] - The total profit for the period was CNY -3.93 million, an improvement of CNY 1.33 million compared to CNY -17.20 million in the previous year[20] - The net profit attributable to shareholders was CNY -3.68 million, an increase of CNY 1.33 million from CNY -16.98 million year-on-year[20] - Net profit for Q1 2021 was a loss of CNY 3,991,098.94, compared to a loss of CNY 10,118,858.88 in the same period last year, indicating an improvement[50] - The total comprehensive income for the period was a loss of CNY 3,991,098.94, compared to a loss of CNY 10,118,858.88 in the previous year[51] Cash Flow - The net cash flow from operating activities was -¥13,284,265.89, a decline of 78.14% compared to -¥7,457,006.02 in the previous year[7] - The company reported a net cash inflow from operating activities of CNY 31,969,707.71, up from CNY 24,923,414.38 in the previous period[52] - The net cash flow from operating activities was -13,284,265.89 CNY, compared to -7,457,006.02 CNY in the previous period, indicating a decline in operational cash flow[54] - The total cash outflow from operating activities was 27,748,356.07 CNY, compared to 22,363,488.99 CNY in the previous period, indicating increased operational expenses[57] Assets and Liabilities - Total assets at the end of the reporting period were ¥934,945,642.41, a slight increase of 0.56% from ¥929,744,081.85 at the end of the previous year[7] - Total liabilities increased to CNY 243,538,667.70 from CNY 234,654,403.68, reflecting a rise of approximately 3.77%[39] - The company's total equity decreased to CNY 691,406,974.71 from CNY 695,089,678.17, showing a decline of about 0.39%[40] - The company's accounts receivable at the end of the reporting period amounted to CNY 297.79 million, representing a growth of 1.32% compared to the beginning of the period[25] - The company's accounts receivable decreased by 48.39% to CNY 9.81 million from CNY 19.01 million at the end of the previous year[18] - Total liabilities amounted to CNY 234,654,403.68, with a non-current liability total of CNY 20,283,503.07[62] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,766[10] - The top shareholder, 贾彤颖, holds 17.89% of the shares, with a total of 28,757,002 shares[10] Research and Development - Research and development expenses amounted to CNY 8.27 million, representing 16.73% of operating revenue, indicating a strong commitment to innovation[20] - The company is focusing on R&D to maintain its technological advantage and product competitiveness, with an emphasis on core technology innovation[27] Market Strategy and Risks - The company plans to strengthen market research and adjust market strategies in response to industry policy changes[25] - The company faces risks of declining gross margins due to increased competition in the electric vehicle and military sectors[27] Inventory and Receivables Management - The company has implemented strict accounts receivable management to mitigate risks associated with delayed payments and bad debts[26] - Inventory at the end of the reporting period was CNY 107.55 million, an increase of 13.49% from CNY 94.76 million at the beginning of the period[28] Other Financial Information - The company received government subsidies amounting to ¥1,222,197.97 during the reporting period, contributing positively to the financial results[8] - The company completed the acquisition of Hohui Power in 2019, which resulted in significant goodwill that requires annual impairment testing[28] - The company has maintained a stable cash position with cash and cash equivalents amounting to CNY 81.78 million at the end of the reporting period[36]