雄帝科技(300546) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥51,148,084.21, representing a 13.81% increase compared to ¥44,942,324.81 in the same period last year[8]. - The net profit attributable to shareholders was a loss of ¥6,225,949.72, an improvement of 53.31% from a loss of ¥13,335,736.19 in the previous year[8]. - The basic earnings per share improved to -¥0.0456, a 53.28% increase from -¥0.0976 in the same period last year[8]. - The company's operating revenue for Q1 2021 was CNY 54,532,458.52, a decrease of 51.5% compared to CNY 112,482,934.82 in the same period last year[47]. - The net profit for Q1 2021 was a loss of CNY 6,943,535.16, improving from a loss of CNY 13,976,577.27 in Q1 2020[45]. - The total comprehensive income for Q1 2021 was a loss of CNY 6,948,512.12, compared to a loss of CNY 13,984,348.48 in Q1 2020[45]. Cash Flow - The net cash flow from operating activities was negative at ¥54,331,694.69, which is a decline of 17.10% compared to the previous year's negative cash flow of ¥46,397,650.98[8]. - The cash flow from operating activities in Q1 2021 included CNY 66,549,434.35 from sales of goods and services[51]. - The cash inflow from operating activities was 73,386,684.39 CNY, down from 116,584,048.95 CNY in the previous period, showing a decrease of approximately 37%[55]. - Cash outflow from operating activities totaled 115,377,142.49 CNY, compared to 147,657,911.78 CNY in the previous period, indicating a reduction of about 22%[55]. - The net cash flow from investment activities was -7,359,248.79 CNY, a significant improvement from -20,421,617.05 CNY in the previous period[52]. - The total cash and cash equivalents at the end of the period decreased to 334,855,031.11 CNY from 456,867,734.74 CNY in the previous period, reflecting a significant reduction[53]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,007,854,106.18, down 3.02% from ¥1,039,289,845.82 at the end of the previous year[8]. - The net assets attributable to shareholders decreased to ¥839,356,163.92, a decline of 0.74% from ¥845,587,090.60 at the end of the previous year[8]. - Total liabilities decreased to CNY 151,588,825.85 from CNY 185,711,994.79 year-over-year[40]. - Total equity as of March 31, 2021, was CNY 851,175,918.40, compared to CNY 855,372,341.94 at the end of 2020[40]. - The company's accounts receivable balance was 255.52 million yuan, showing a slight decrease from 2020's 264.21 million yuan[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,042[11]. - The largest shareholder, Gao Jing, holds 37.35% of the shares, with 51,022,500 shares pledged[11]. - The company did not engage in any repurchase transactions during the reporting period[12]. Research and Development - The company plans to increase R&D investment to maintain and strengthen its technological leadership, focusing on high-value new product development based on customer needs[22]. - The company's research and development expenses for Q1 2021 were CNY 13,650,206.56, down from CNY 20,164,029.01 in the same period last year, indicating a reduction of 32.3%[47]. - The company has achieved several R&D milestones and aims to continue expanding its R&D scale to stay ahead in technology[23]. Market and Sales - New orders in the first quarter recovered to 87% of the same period in 2019, with overseas orders recovering more quickly[19]. - The top five suppliers accounted for 20.98% of total purchases, amounting to ¥7,874,900, indicating normal procurement changes[20]. - The top five customers contributed 41.45% of total revenue, with sales amounting to ¥21,199,200, reflecting normal sales fluctuations[20]. - The overseas sales figures for 2018, 2019, 2020, and Q1 2021 were 116.26 million yuan, 140.21 million yuan, 60.00 million yuan, and 7.54 million yuan, respectively, with a decreasing proportion of total revenue[22]. Financial Management - The company experienced a significant increase in credit impairment losses, up 123.33%, due to the recovery of previously receivable accounts[18]. - Financial expenses decreased by 70.00%, resulting in a net financial income of -¥1,808,706.79, attributed to exchange rate fluctuations[18]. - The company will enhance customer credit rating management and accounts receivable management to mitigate bad debt risks[24]. - The company reported a credit impairment loss of CNY 603,240.58 in Q1 2021, a significant improvement from a loss of CNY 2,792,063.73 in the same period last year[48]. Government Support - The company received government subsidies amounting to ¥4,229,778.04 during the reporting period[9]. Operational Challenges - The company's comprehensive gross margin remains high, but there is a risk of decline due to increased competition in the industry as it moves towards informationization and intelligence[21]. - The company emphasizes the importance of understanding market trends and customer needs for successful product development and innovation[23]. - The company has not undergone an audit for the first quarter report, which may affect the reliability of the financial data presented[58].