科大国创(300520) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥222,704,666.95, representing a 9.34% increase compared to ¥203,680,272.85 in the same period last year[7] - Net profit attributable to shareholders was ¥21,855,523.57, a significant turnaround from a loss of ¥16,309,204.41, marking a 234.01% increase[7] - The net profit after deducting non-recurring gains and losses was ¥12,892,795.63, compared to a loss of ¥32,410,042.51, reflecting a 139.78% improvement[7] - Basic earnings per share increased to ¥0.088 from a loss of ¥0.065, representing a 234.76% increase[7] - The weighted average return on net assets improved to 1.50%, up from -1.16%[7] - The company achieved operating revenue of 222.70 million CNY, a year-on-year increase of 9.34%, and a net profit attributable to shareholders of 21.86 million CNY, up 234.01% year-on-year[17] - The company reported a net loss from investment of CNY 441,427.51, an improvement from a loss of CNY 788,083.78 in the previous period[48] - The total comprehensive income for Q1 2021 was CNY 23,409,363.84, compared to a loss of CNY 14,769,982.25 in the same period last year[50] Revenue Breakdown - Revenue from the data intelligence industry application reached 144.66 million CNY, growing 103.98% year-on-year and 13.63% compared to 2019[17] - Revenue from intelligent hardware and software products surged to 58.52 million CNY, a staggering increase of 1,491.34% year-on-year and 30.45% compared to 2019[18] - The data intelligence platform operation reported revenue of 19.53 million CNY, a decline of 84.87% year-on-year, primarily due to a strategic shift to focus on core business and optimize low-margin logistics revenue[18] Research and Development - The company increased R&D expenses by 34.03% year-on-year, reflecting a commitment to enhancing research and development efforts[18] - The company has developed multiple patents and software copyrights, enhancing its R&D capabilities and protecting its innovations[21] - Research and development expenses increased to CNY 52,916,221.91, up from CNY 39,481,743.62, indicating a focus on innovation[48] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -¥155,760,795.52, slightly worse than -¥152,668,997.62 in the previous year, a decrease of 2.03%[7] - The company reported a cash inflow from operating activities of CNY 218,745,671.72, down from CNY 258,632,104.09 in the previous period[56] - The company experienced a decrease in cash and cash equivalents of -174,555,696.24 CNY during the quarter[58] Shareholder Information - The total number of common shareholders at the end of the reporting period was 29,693[11] - The largest shareholder, Hefei Guochuang Intelligent Technology Co., Ltd., held 27.59% of the shares, totaling 68,829,768 shares[11] Investment and Projects - The total amount of raised funds is CNY 16,485.88 million, with CNY 686.83 million invested in the current quarter[29] - The project for the industrialization of the electric vehicle battery management system has not yet started, with a planned investment of CNY 7,985 million[29] - The cumulative investment in the electric vehicle power source assembly project is CNY 4,287.39 million, achieving 53.69% of the planned investment[29] Market and Competition - The company faces risks from intensified market competition, particularly in software and information technology services, necessitating continuous innovation and customer service improvements[23] - The company is exposed to policy risks, particularly in the electric vehicle sector, as government subsidies are gradually decreasing[28] Operational Stability - The company has not experienced significant changes in its core management team or key technical personnel, maintaining stability in its operational capabilities[21] - The company is committed to executing its annual business plan without major deviations, indicating a stable operational strategy[22] Risks and Challenges - Seasonal fluctuations in revenue are expected, with higher sales typically occurring in the second half of the year due to customer budgeting cycles[23] - The company is addressing core technology risks by implementing measures to protect intellectual property and ensure timely adaptation to technological advancements[23] Other Financial Metrics - Total cash inflow from operating activities was 240,427,684.02 CNY, while cash outflow was 396,188,479.54 CNY, resulting in a net cash flow of -155,760,795.52 CNY[57] - The company reported a cash inflow from investment activities of 4,550,351.56 CNY, with cash outflow totaling 26,180,753.26 CNY, leading to a net cash flow of -21,630,401.70 CNY[57]