MINDEO(SZ:300656)2021-04-27 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥86,072,764.54, representing a 79.71% increase compared to ¥47,895,997.23 in the same period last year[7] - Net profit attributable to shareholders for Q1 2021 was ¥12,907,040.21, up 63.81% from ¥7,879,305.76 in the previous year[7] - The net profit after deducting non-recurring gains and losses was ¥11,975,611.54, an increase of 85.85% compared to ¥6,443,765.54 in the same period last year[7] - Basic earnings per share for Q1 2021 were ¥0.1185, reflecting a 63.67% increase from ¥0.0724 in the same period last year[7] - Total operating revenue for Q1 2021 reached ¥86,072,764.54, a significant increase of 79.8% compared to ¥47,895,997.23 in the same period last year[54] - Total operating costs for Q1 2021 were ¥74,678,591.43, up 75.3% from ¥42,622,161.37 in Q1 2020[55] - Net profit for Q1 2021 was ¥12,392,756.30, representing a 79.5% increase from ¥6,891,732.97 in Q1 2020[56] - The company reported a total profit of ¥14,006,421.55 for Q1 2021, up 74.8% from ¥8,032,153.84 in Q1 2020[56] - The total comprehensive income for the first quarter of 2021 was CNY 11,886,871.03, compared to CNY 6,428,330.00 in the same period last year, representing an increase of approximately 84.3%[62] Cash Flow - The net cash flow from operating activities was ¥6,818,440.27, a significant improvement of 270.96% from -¥3,988,319.54 in the previous year[7] - Operating cash inflow for the first quarter was CNY 123,367,958.73, up from CNY 68,842,428.22, indicating an increase of about 79.4% year-over-year[61] - Cash inflow from financing activities was CNY 31,285,918.24, compared to CNY 11,863,288.09 in the previous year, marking an increase of approximately 163.5%[62] - The net cash flow from financing activities was CNY 5,369,570.84, a recovery from a negative CNY 8,298,657.86 in the previous year[63] - The company recorded a significant increase in sales revenue, with cash received from sales reaching CNY 120,233,942.84, compared to CNY 67,566,084.81 in the previous year, representing an increase of about 77.9%[61] Assets and Liabilities - Total assets at the end of the reporting period were ¥819,547,192.40, a 1.12% increase from ¥810,467,730.74 at the end of the previous year[7] - Current assets totaled CNY 476,085,024.48, slightly down from CNY 480,502,662.64 at the end of 2020, indicating a decrease of about 0.87%[45] - Total liabilities decreased to CNY 259,823,186.41 from CNY 263,599,218.14, a reduction of approximately 1.46%[47] - The company's equity increased to CNY 559,724,005.99 from CNY 546,868,512.60, reflecting a growth of about 2.25%[48] - The company's total liabilities increased to ¥154,342,819.48 in Q1 2021, up from ¥148,987,753.37 in Q1 2020[55] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,078[11] - Net assets attributable to shareholders increased by 2.50% to ¥548,047,978.82 from ¥534,678,201.52 at the end of the previous year[7] Research and Development - Research and development expenses rose by 58.48% year-on-year, driven by increased investment in R&D[20] - Research and development expenses for Q1 2021 were ¥5,003,132.87, a 58.5% increase from ¥3,156,972.07 in Q1 2020[55] Strategic Initiatives - The company plans to enhance its management capabilities and optimize its management model to address the increasing complexity of operations due to business expansion[29] - The company aims to diversify its industry layout and establish long-term partnerships with leading enterprises in emerging markets to mitigate cyclical risks in the semiconductor industry[27] - The company will focus on improving product competitiveness through continuous R&D and market demand analysis to minimize product development risks[31] - The company intends to strengthen communication with upstream manufacturers to maintain important product line authorizations and reduce channel risks[31] - The company will enhance its human resource strategy to attract and retain specialized talent in the barcode recognition and semiconductor industries[30] - The company will actively pursue overseas market expansion and diversify its product offerings to enhance competitiveness in the barcode recognition business[28] Investment and Projects - The total amount of raised funds for the quarter is 20,700.9 million RMB, with 75 million RMB invested during this period[35] - The cumulative amount of raised funds that have been repurposed is 9,947.02 million RMB, representing 48.05% of the total raised funds[35] - The investment in the "Commercial Barcode Reading Equipment" project is 7,730.33 million RMB, which has not yet been utilized[36] - The "Industrial Barcode Reading Equipment" project has a total investment of 5,905.46 million RMB, with 0% progress reported[36] - The "R&D Center Construction" project has achieved 99.47% completion with a cumulative investment of 5,087.19 million RMB[36] - The "Marketing Network Construction" project has been fully completed with an investment of 1,977.92 million RMB[36] - The total investment in the "Guangwei Integration Technology (Shenzhen) Co., Ltd." project is 9,947.02 million RMB, with 75 million RMB invested during the reporting period[37] - The company has adjusted the implementation schedule for several projects due to rising real estate prices in Shenzhen, delaying property purchases[36] Compliance and Governance - The company reported no violations regarding external guarantees during the reporting period[39] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[40] - The company did not engage in any research, communication, or interview activities during the reporting period[41] - The report for the first quarter of 2021 was not audited[75]