Financial Performance - The company's revenue for Q1 2021 was ¥158,649,908.68, representing a 7.32% increase compared to ¥147,823,005.87 in the same period last year[8]. - Net profit attributable to shareholders was ¥7,343,810.25, a significant turnaround from a loss of ¥5,937,181.32, marking a 223.69% increase[8]. - The net profit after deducting non-recurring gains and losses was ¥6,447,914.26, compared to a loss of ¥10,751,722.28, reflecting a 159.97% improvement[8]. - Basic earnings per share increased to ¥0.04 from a loss of ¥0.05, representing an increase of 180.00%[8]. - Total operating revenue for Q1 2021 was CNY 158,649,908.68, an increase from CNY 147,823,005.87 in the previous period[46]. - Net profit for Q1 2021 was CNY 7,702,845.04, a significant recovery from a net loss of CNY 5,967,491.41 in the same period last year[48]. - The total comprehensive income for the quarter was CNY 8,055,212.84, a significant recovery from CNY -5,276,991.98 in the previous period[52]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,596,632,751.92, up 2.23% from ¥1,561,761,942.87 at the end of the previous year[8]. - The total assets as of March 31, 2021, amounted to CNY 1,127,988,431.98, compared to CNY 1,107,968,558.47 at the end of 2020[44]. - Total liabilities rose from ¥411,355,581.79 to ¥436,495,879.42, indicating an increase of approximately 6.1%[39]. - The company's total liabilities increased to CNY 162,539,826.10 from CNY 138,809,380.09[44]. - The total amount of contract liabilities is CNY 5,576,237.49, indicating future revenue obligations[66]. Cash Flow - The net cash flow from operating activities was -¥42,110,857.36, slightly worse than -¥40,735,368.42 in the previous year, a decrease of 3.38%[8]. - Cash flow from operating activities was CNY -42,110,857.36, slightly worse than CNY -40,735,368.42 in the previous year[56]. - Cash inflow from investments totaled ¥50,559,816.39, a 150.5% increase from ¥20,189,041.10, driven by higher cash received from investment returns[60]. - The net cash flow from financing activities was -¥1,306,675.62, a decline from a positive cash flow of ¥9,828,795.61 in the previous period, indicating reduced financing activities[60]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,249[12]. - The largest shareholder, Dai Xiaoning, holds 20.46% of the shares, with 31,631,434 shares pledged[12]. Operational Efficiency - The company reported a decrease in cash and cash equivalents from ¥281,051,833.37 on December 31, 2020, to ¥233,331,209.40 on March 31, 2021, representing a decline of approximately 17.0%[36]. - The company is facing management risks due to rapid business expansion, necessitating enhanced talent acquisition and training efforts[26]. - The company is committed to improving management efficiency and adapting to business growth through continuous training and external talent acquisition[26]. Market and Industry Risks - The company faces growth risks related to external factors such as macroeconomic conditions and industry competition, which could significantly impact future performance[20][21]. - The ongoing COVID-19 pandemic continues to pose risks to the global technology and electronics industry, affecting investment and consumption activities[25]. - The company is actively seeking opportunities through online marketing and sales strategies to mitigate the impact of the pandemic[25]. Research and Development - The company is committed to enhancing its R&D capabilities and maintaining a stable core technical team to mitigate technology risks in a rapidly evolving industry[22][23]. - Research and development expenses were CNY 13,718,641.05, slightly down from CNY 13,809,895.48[47].
必创科技(300667) - 2021 Q1 - 季度财报