WUTOS(SZ:300557)2021-04-23 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥60,426,653.67, representing a 255.95% increase compared to ¥16,976,147.97 in the same period last year[9]. - The net profit attributable to shareholders was -¥8,844,079.15, an improvement of 25.86% from -¥11,928,579.72 year-on-year[9]. - The company's operating revenue increased by 255.95% year-on-year, reaching ¥60,426,653.67, primarily due to the increase in fire alarm system and engineering project volumes[18]. - Operating costs rose by 342.88% year-on-year to ¥49,885,154.12, mainly in line with the increase in revenue[18]. - Cash received from sales and services increased by 49.84% year-on-year to ¥109,367,613.85, attributed to higher sales collections[20]. - The company reported a net investment loss of CNY -498,742.58, compared to a loss of CNY -2,852,426.15 in the previous year[51]. - The total comprehensive loss for the first quarter was CNY 8,202,798.97, compared to a loss of CNY 12,232,620.30 in the previous year[53]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥62,394,120.49, a decline of 53.51% compared to -¥40,644,453.00 in the previous year[9]. - Cash and cash equivalents decreased to CNY 92,747,574.82 from CNY 116,204,673.85[45]. - The cash flow from financing activities included dividend payments of 698,749.95 CNY, which increased from 549,791.66 CNY in the previous period, reflecting a rise of approximately 27%[61]. - The company reported a net decrease in cash and cash equivalents of 72,578,208.88 CNY, compared to a decrease of 52,300,881.30 CNY in the previous year, indicating a worsening cash position[61]. - The initial cash and cash equivalents balance was 228,747,973.61 CNY, down from 244,014,842.09 CNY in the previous year, indicating a decrease of about 6.2%[61]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,006,808,521.64, down 3.77% from ¥1,046,211,165.75 at the end of the previous year[9]. - The total amount of raised funds is RMB 16,742.92 million, with RMB 2,592.6 million invested in the current quarter[32]. - Cumulative investment of raised funds reached RMB 13,843.79 million, representing 79.19% of the committed investment projects[32]. - The total liabilities decreased to CNY 350,470,551.60 from CNY 365,551,517.99 year-on-year[48]. - The total equity attributable to shareholders decreased to CNY 479,702,607.13 from CNY 488,587,278.78[45]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 8,229[12]. - The top shareholder, Wuhan Optics Valley Fenghuo Technology Venture Capital Co., Ltd., held 25.53% of the shares, totaling 14,210,000 shares[12]. Research and Development - R&D expenses increased by 71.45% year-on-year to ¥7,835,068.81, reflecting higher investment in research and development[19]. - The company's research and development expenses amounted to CNY 3,814,830.40, an increase from CNY 2,741,737.60 in the previous period[55]. Market Strategy and Future Outlook - The company plans to strengthen market expansion and enhance R&D project management to mitigate risks associated with market development and customer retention[27]. - The company aims to explore new application fields such as oil and gas pipeline transportation and smart firefighting to drive future growth[28]. Other Financial Metrics - The company reported a significant decrease in credit impairment losses by 84.12%, indicating improved management of accounts receivable[19]. - The company experienced a credit impairment loss of CNY 1,453,814.50, compared to CNY 2,443,695.38 in the previous period[56]. - The company has not undergone an audit for the first quarter report, which may affect the reliability of the financial data presented[66].