古鳌科技(300551) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥28,053,543.20, a decrease of 26.89% compared to ¥38,372,696.96 in the same period last year[7] - The net profit attributable to shareholders was -¥11,741,833.04, representing a decline of 45.32% from -¥8,080,185.91 year-on-year[7] - The company reported a basic and diluted earnings per share of -¥0.06, a decrease of 45.32% from -¥0.04 in the same period last year[7] - The net profit for Q1 2021 was a loss of CNY 11,655,279.62, compared to a loss of CNY 8,080,185.91 in the same period last year, representing an increase in loss of approximately 44.5%[37] - The total comprehensive loss for Q1 2021 was CNY 11,655,279.62, compared to a loss of CNY 8,080,185.91 in the same period last year[37] Cash Flow - The net cash flow from operating activities improved by 55.64%, reaching -¥60,744,866.78 compared to -¥136,934,533.45 in the previous year[7] - Operating cash flow for the current period was CNY -60.74 million, an increase of CNY 76.19 million or 55.64% compared to the same period last year, driven by increased sales scale[16] - The cash inflow from operating activities for Q1 2021 was CNY 48,528,108.25, an increase from CNY 34,874,665.53 in the previous period[43] - The total cash outflow from operating activities was 109,272,975.03 CNY, down from 171,809,198.98 CNY year-on-year, reflecting a decrease of about 36.3%[44] - The net cash flow from financing activities was -15,756.39 CNY, compared to -109,958.33 CNY in the previous year, showing an improvement of about 85.7%[45] Assets and Liabilities - Total assets at the end of the reporting period were ¥792,634,228.02, down 5.39% from ¥837,797,054.78 at the end of the previous year[7] - The company's net assets attributable to shareholders decreased by 1.75%, totaling ¥611,495,685.27 compared to ¥622,410,494.82 at the end of the previous year[7] - The total liabilities decreased to CNY 180,163,116.90 from CNY 220,241,436.24, reflecting improved financial health[32] - The total equity attributable to shareholders decreased to CNY 551,926,907.59 from CNY 558,707,045.39[32] - Cash and cash equivalents decreased to CNY 271,927,287.57 from CNY 331,055,380.81, indicating a reduction in liquidity[29] Operational Costs - Operating costs for the current period were CNY 15.65 million, a decrease of CNY 7.39 million or 32.08% compared to the same period last year, primarily due to a decline in sales revenue[15] - Total operating costs decreased to CNY 41,189,617.08 from CNY 50,694,597.40, with operating costs specifically dropping from CNY 23,047,457.52 to CNY 15,653,708.47[35] - The company incurred sales expenses of CNY 10,075,742.25 in Q1 2021, down from CNY 14,261,002.42 in the previous year[39] Research and Development - Research and development expenses increased to CNY 9,250,195.92 from CNY 8,612,672.13, indicating a focus on innovation[35] - The company's research and development expenses for Q1 2021 were CNY 7,081,087.51, slightly down from CNY 7,902,185.03 in the previous year[39] Other Financial Metrics - Other receivables increased by 90.97% to ¥13,424,200 from ¥7,029,600, primarily due to product development-related loans[14] - Other current assets surged by 1896.82% to ¥1,369,900 from ¥68,600, mainly due to an increase in tax credits[14] - Accounts payable decreased by 37.48% to ¥51,225,600 from ¥81,932,400, as the company paid suppliers according to their payment terms[14] - The balance of contract liabilities increased by 37.31% to ¥14,143,900 from ¥10,300,900, due to an increase in prepayments from Shanghai Qianyuzi Company[14] - Credit impairment losses were CNY 0.51 million, a decrease of CNY 0.39 million or 43.03% compared to the same period last year, due to increased collection efforts on accounts receivable[15] Company Overview - The company provides comprehensive smart financial system solutions and services, leveraging advanced technologies such as image recognition, AI, and blockchain[17] - The company is a qualified supplier for major domestic banks and financial institutions, including ICBC, ABC, and CCB[17] - There were no significant changes in the company's core assets, competitive capabilities, or key personnel during the reporting period[18] - The company reported no violations regarding external guarantees or non-operating fund occupation by major shareholders during the reporting period[20][21] - The company did not undergo an audit for the Q1 2021 report, which is noted as unaudited[50]