Financial Performance - The company's operating revenue for Q1 2021 was ¥33,893,883.38, representing a 3.68% increase compared to ¥32,690,533.97 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥5,293,051.17, an improvement from a loss of ¥9,639,501.69 in the previous year[8] - The net cash flow from operating activities was a negative ¥20,311,977.68, which is an improvement from a negative ¥39,914,011.84 in the same period last year[8] - The basic earnings per share for the period was -¥0.0424, an improvement from -¥0.0773 in the same period last year[8] - The weighted average return on net assets was -0.94%, an improvement from -1.79% in the previous year[8] - The net profit for the period was CNY -5,434,092.95, indicating a loss[18] - Total operating revenue for Q1 2021 was CNY 33,893,883.38, an increase of 3.66% compared to CNY 32,690,533.97 in Q1 2020[40] - Net loss for Q1 2021 was CNY 5,555,211.23, an improvement from a net loss of CNY 9,921,289.50 in Q1 2020[41] - The total comprehensive income for the period was -¥4,934,883.98, an improvement from -¥8,934,896.22 in the previous year[45] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,251,983,875.83, reflecting a 4.03% increase from ¥1,203,465,169.75 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 0.86% to ¥562,007,710.32 from ¥566,877,054.61 at the end of the previous year[8] - Accounts payable increased by 230.41% compared to the beginning of the period, primarily due to an increase in issued notes[17] - Employee compensation payable decreased by 96.82% compared to the beginning of the period, mainly due to the payment of accrued employee compensation[17] - Other payables increased by 124.01% compared to the beginning of the period, mainly due to loans from JiaoTuo Industrial[17] - Total liabilities increased to CNY 601,825,874.19 from CNY 540,365,855.30, marking an increase of 11.4%[39] - The total equity attributable to shareholders decreased to CNY 544,848,717.37 from CNY 549,359,894.47, a decline of 0.93%[39] Cash Flow - The cash inflow from operating activities increased by 49.86% year-on-year, mainly due to increased cash received from sales of goods and services[17] - The company reported a significant increase in cash inflow from operating activities, totaling ¥40,591,758.16, compared to ¥27,085,999.92 in the previous year[48] - The net cash flow from operating activities was -35,951,669.83 yuan, an improvement from -39,655,019.56 yuan in the previous period, indicating a reduction in cash outflow[50] - Cash inflow from operating activities totaled 34,428,358.41 yuan, compared to 23,143,253.61 yuan in the previous period, reflecting a 48.8% increase[50] - Cash outflow from operating activities increased to 70,380,028.24 yuan from 62,798,273.17 yuan, representing a 11.5% rise[50] - The net cash flow from investing activities was -1,623,197.91 yuan, an improvement from -35,494,030.21 yuan in the previous period[50] - Cash inflow from financing activities was 55,000,000.00 yuan, significantly higher than 20,000,000.00 yuan in the previous period, marking a 175% increase[52] - The net cash flow from financing activities was 53,378,444.45 yuan, compared to 19,134,466.67 yuan in the previous period, indicating a 179.5% increase[52] - The ending balance of cash and cash equivalents was 45,301,340.06 yuan, up from 33,029,866.56 yuan in the previous period, reflecting a 37.1% increase[52] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,357[11] - The largest shareholder, Sichuan Jianyang Portong Economic and Technological Development Co., Ltd., held 10.67% of the shares[11] - After the transfer of shares, JiaoTuo Industrial holds 12,133,561 shares, accounting for 9.73% of the total share capital, and controls 29.45% of the voting rights[18] Expenses and Investments - Management expenses increased by 66.36% year-on-year, attributed to increased depreciation and related costs due to significant fixed asset growth[17] - Interest expenses rose by 104.71% year-on-year due to an increase in loans compared to the same period last year[17] - The company reported a significant increase in research and development expenses to CNY 3,302,013.26 from CNY 3,117,378.64, indicating a focus on innovation[41] - Research and development expenses for the quarter were ¥2,752,450.24, up from ¥2,426,099.42 in the same period last year, reflecting ongoing investment in innovation[44] Government Support and Compliance - The company received government subsidies amounting to ¥262,996.85 during the reporting period[9] - The company has no significant changes in project feasibility or any non-operating fund occupation by controlling shareholders during the reporting period[26][27] - There are no issues with the use and disclosure of raised funds[25] - The company did not undergo an audit for the first quarter report[53] - The company has not applied the new leasing standards for the first quarter of 2021[53]
蜀道装备(300540) - 2021 Q1 - 季度财报