NTI(SZ:300532)2021-04-26 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥50,232,462.88, a decrease of 6.83% compared to ¥53,915,135.40 in the same period last year[8]. - The net profit attributable to shareholders was -¥36,551,993.87, representing a decline of 109.65% from -¥17,434,494.88 year-on-year[8]. - The basic earnings per share were -¥0.13, down 116.67% from -¥0.06 in the same period last year[8]. - The total operating costs for Q1 2021 were CNY 93,601,823.64, an increase from CNY 66,297,964.39 in the same period last year, representing an increase of approximately 41%[49]. - The total profit for Q1 2021 was a loss of CNY 44,061,545.44, compared to a loss of CNY 20,612,816.10 in Q1 2020, indicating a worsening financial position[50]. Cash Flow - The net cash flow from operating activities was -¥191,470,143.18, a significant decrease of 155.79% compared to -¥74,855,694.94 in the previous year[8]. - The company’s cash flow from operating activities showed a net outflow of CNY -191.47 million, a deterioration of 155.79% compared to the previous year, mainly due to increased procurement expenditures[21]. - The net cash flow from operating activities was -202,765,998.77 yuan, compared to -62,903,473.80 yuan in the previous period, indicating a significant increase in cash outflow[61]. - Total cash inflow from operating activities was 231,106,514.50 yuan, up from 139,620,507.46 yuan year-on-year[61]. - Cash outflow for purchasing goods and services reached 433,872,513.27 yuan, compared to 202,523,981.26 yuan in the same period last year[61]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,311,087,178.32, an increase of 7.48% from ¥2,150,244,433.07 at the end of the previous year[8]. - The net assets attributable to shareholders decreased by 4.25% to ¥821,340,362.21 from ¥857,815,471.71 at the end of the previous year[8]. - Current liabilities rose to CNY 1,314,762,467.08 from CNY 1,093,053,155.71[46]. - Total liabilities increased to CNY 1,593,049,911.94 from CNY 1,370,913,977.02[46]. - Owner's equity decreased to CNY 748,055,703.05 from CNY 777,518,631.57[46]. Investments and Projects - The company has invested a total of ¥3,947.52 million from the raised funds during the reporting period, with a cumulative investment of ¥12,649.93 million[29]. - The company has achieved a project investment progress of 92.93% for the implementation of the China Resources Vanguard Fenggang distribution project[29]. - The company reported investment income of CNY 2,201,605.06, an increase from CNY 1,219,720.22 in the previous year, reflecting a growth of approximately 80%[54]. Shareholder Information - The total number of shareholders at the end of the reporting period was 15,403[12]. - Major shareholder Shao Jianwei held 39.85% of the shares, with 18,000,000 shares pledged[12]. Operational Insights - The company has sufficient orders on hand, and ongoing project progress is proceeding as planned, which is expected to improve operational performance gradually[23]. - The total revenue from the top five customers was ¥48,825,138.66, accounting for 97.20% of total revenue, compared to ¥52,967,539.93 and 98.24% in the same period last year[26]. Risks and Compliance - There are no significant adverse risk factors affecting future operations identified in the report[33]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[34]. - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[27].