WINNER TECH.(SZ:300609)2021-04-27 16:00Financial Performance - The company's revenue for Q1 2021 was ¥53,874,635.12, representing a 27.78% increase compared to ¥42,163,282.19 in the same period last year[9]. - The net profit attributable to shareholders was -¥7,502,356.40, a slight improvement of 2.74% from -¥7,713,458.04 year-on-year[9]. - The basic earnings per share increased by 19.29% to -¥0.0615 from -¥0.0762 in the same period last year[9]. - The company reported a total profit loss of CNY 5,872,575.67, compared to a loss of CNY 2,278,208.98 in the previous period[62]. - Net loss for Q1 2021 was CNY 7,618,532.04, an improvement from a net loss of CNY 9,072,421.50 in Q1 2020[58]. Cash Flow and Investments - The net cash flow from operating activities improved by 32.07%, reaching -¥19,884,585.62 compared to -¥29,272,953.41 in the previous year[9]. - The net cash flow from investing activities was ¥33,021,638.88, a significant increase of 232.79% due to the maturity of financial products[20]. - The company utilized RMB 13,600 million of idle raised funds for wealth management products that have not yet matured[38]. - The cash inflow from financing activities was primarily from investment receipts, totaling 4,636,063.02 CNY[70]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,170,891,461.58, a decrease of 5.40% from ¥1,237,775,663.25 at the end of the previous year[9]. - The company's current assets decreased to RMB 684,951,799.55 from RMB 780,081,227.93 at the end of 2020, reflecting a decline of approximately 12.2%[46]. - The total liabilities of the company were RMB 110,855,260.34, a slight decrease from RMB 113,326,853.00 at the end of 2020[48]. - Total liabilities increased slightly to CNY 98,120,131.22 in Q1 2021, compared to CNY 96,299,253.90 in Q4 2020[53]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,217[13]. - The largest shareholder, Zhang Hongjun, holds 30.54% of the shares, with 29,655,000 shares pledged[13]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[14]. Research and Development - Research and development expenses rose by 36.68% to ¥11,626,043.31, reflecting increased investment in R&D[20]. - The company is committed to increasing R&D investment to maintain its competitive edge amid intensifying market competition[27]. - The company is focusing on expanding its market presence and enhancing its product offerings through increased R&D investment[62]. Share Repurchase - The company approved a share repurchase plan with a budget of RMB 60 million to 120 million, with a maximum repurchase price of RMB 35 per share[30]. - The company repurchased 411,700 shares on January 11, 2021, at a total cost of RMB 6,578,641.26, representing 0.34% of the total share capital[32]. - By January 13, 2021, the cumulative repurchased shares reached 1,280,300, accounting for 1.05% of the total share capital, with a total expenditure of RMB 19,997,308.01[33]. Compliance and Adjustments - The company has no reported violations regarding external guarantees or non-operating fund occupation by controlling shareholders[39][41]. - The first quarter report was not audited[79]. - The company adjusted its financial statements to reflect the new leasing standards, resulting in a decrease of 261,865.73 CNY in prepaid expenses and an increase of 29,173,736.13 CNY in right-of-use assets[74].