友讯达(300514) - 2021 Q1 - 季度财报

Financial Performance - Revenue for Q1 2021 was ¥71,094,871.11, a decrease of 2.54% compared to ¥72,946,899.35 in the same period last year[7] - Net profit attributable to shareholders was -¥5,288,309.32, representing a decline of 19.83% from -¥4,413,465.90 year-over-year[7] - Net profit excluding non-recurring items was -¥6,211,230.51, down 36.56% from -¥4,548,619.23 in the previous year[7] - The company achieved operating revenue of 71.09 million yuan, a decrease of 2.54% compared to the same period last year[16] - The net profit attributable to shareholders was -5.29 million yuan, a decline of 19.83% year-on-year[16] - The total comprehensive income for the first quarter was -¥5,265,501.35, compared to -¥4,318,983.29 in the previous year[48] - The company reported a total profit of -¥5,263,509.33 for the first quarter, compared to -¥3,114,407.39 in the previous year[48] - The company reported a net profit margin decline due to increased operating costs and R&D expenses[46] Cash Flow and Investments - Operating cash flow for the period increased by 36.39% to ¥105,972,082.86, compared to ¥77,697,448.67 in the same period last year[7] - Cash flow from operating activities increased by 36.39% to 105.97 million yuan, mainly due to reduced payments to suppliers[15] - The company’s cash and cash equivalents decreased by 124.40 million yuan, a decline of 39.31% due to increased investments in financial products[15] - Cash and cash equivalents at the end of Q1 2021 were ¥140,104,222.74, a decrease from ¥77,431,898.04 at the end of Q1 2020[59] - The net cash flow from operating activities for Q1 2021 was ¥104,297,695.66, an increase of 33.0% compared to ¥78,399,708.44 in the same period last year[58] - The net cash flow from investing activities was -¥219,488,838.58, compared to -¥204,333,221.04 in Q1 2020, indicating increased investment outflows[59] - The company received cash from other investment activities amounting to ¥97,000,000.00 in Q1 2021[59] Assets and Liabilities - Total assets at the end of the reporting period were ¥968,585,309.04, an increase of 4.15% from ¥930,015,548.50 at the end of the previous year[7] - The company's total assets amounted to CNY 937,732,073.11, compared to CNY 894,679,735.95 at the end of 2020[42] - Total liabilities increased to CNY 336,502,983.81 from CNY 290,577,052.85 year-over-year[43] - Total current liabilities amounted to CNY 303,643,466.56[63] - Total non-current liabilities reached CNY 30,907,823.15, resulting in total liabilities of CNY 334,551,289.71[63] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,005[11] - The largest shareholder, Cui Tao, holds 24.19% of the shares, totaling 48,384,000 shares[11] - Net assets attributable to shareholders decreased by 0.88% to ¥590,198,757.44 from ¥595,464,258.79 at the end of the previous year[7] - Total equity attributable to shareholders was CNY 601,229,089.30, down from CNY 604,102,683.10 in the previous period[43] Research and Development - The company plans to enhance its research and development efforts in the MuCoFAN technology and its applications in IoT sectors[19] - Research and development expenses increased to CNY 12,505,955.66 from CNY 10,556,056.68 year-over-year[46] - Research and development expenses for the first quarter were ¥12,110,888.33, an increase from ¥10,460,600.20 in the previous year[50] Market and Competition - The company aims to accelerate market expansion in smart water and gas meter sectors[19] - The top five customers contributed 74.37% of total operating revenue, up from 64.04% in the previous year[18] - The company is facing risks from increased competition in the smart grid sector, necessitating higher investments in technology and market development[21] - The company is actively working to reduce its reliance on revenue from electric utility companies by diversifying into other public utility sectors[22] Fund Management - The total amount of raised funds is CNY 180.51 million, with CNY 7.55 million invested in the current quarter[28] - Cumulative investment from raised funds amounts to CNY 127.80 million, representing 72.89% of the total raised funds[28] - The company has made adjustments to the use of raised funds, reallocating CNY 69.45 million originally intended for the smart grid product production base to the energy IoT R&D and industrialization project[29] - The marketing and operation service network construction project has seen an investment of CNY 460.7 million, which is 7.10% of the adjusted total[28] Management and Governance - The company plans to strengthen management personnel training to adapt to the rapid expansion of its operational scale[24] - The company has committed to maintaining the efficiency and stability of its core technology and management personnel through appropriate incentive measures[25] - The company has not encountered any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[26] - There were no violations regarding external guarantees during the reporting period[31] - The company has not reported any non-operating fund occupation by controlling shareholders or their affiliates during the reporting period[32] - The company has not indicated any significant changes in net profit compared to the same period last year[31] - The company has not conducted any research, communication, or interview activities during the reporting period[33]