大烨智能(300670) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥60,285,025.47, representing a 78.17% increase compared to ¥33,834,748.24 in the same period last year[7] - The net profit attributable to shareholders was a loss of ¥2,012,239.18, an improvement of 30.01% from a loss of ¥2,875,203.74 in the previous year[7] - The net cash flow from operating activities was a negative ¥26,890,734.88, slightly improved by 2.13% from a negative ¥27,474,756.81 year-on-year[7] - The operating cost for Q1 2021 was CNY 44.86 million, reflecting a 98.39% increase from CNY 22.61 million in the same period last year[16] - The net profit attributable to shareholders for Q1 2021 was a loss of CNY 2.01 million, an improvement of 30.01% compared to the loss of CNY 2.87 million in Q1 2020[18] - The company reported a total equity of CNY 1,007,499,448.03 as of March 31, 2021, compared to CNY 1,008,364,679.93 at the end of 2020, a slight decrease of about 0.09%[36] - The company reported an operating profit of CNY -1,436,278.91 for Q1 2021, an improvement from CNY -3,458,227.86 in Q1 2020[43] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,225,524,290.08, down 6.66% from ¥1,312,918,434.06 at the end of the previous year[7] - Current assets decreased to CNY 717,084,437.22 from CNY 802,638,474.08, representing a reduction of about 10.63%[34] - Total liabilities decreased to CNY 218,024,842.05 from CNY 304,553,754.13, a reduction of about 28.43%[36] - Current liabilities decreased to CNY 207,750,988.26 from CNY 294,085,384.50, reflecting a decline of approximately 29.29%[36] - The total amount of funds raised was CNY 271.19 million, with CNY 1.44 million invested in the current quarter[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,448[11] - The largest shareholder, Chen Jie, holds 36.51% of the shares, totaling 115,317,000 shares[11] - The company reported a decrease in net assets attributable to shareholders, which stood at ¥925,258,241.11, down 0.22% from ¥927,275,148.10 at the end of the previous year[7] Government Support and Income - The company received government subsidies amounting to ¥688,745.09 during the reporting period[8] - The company reported a significant increase in other income, which rose by 409.28% to CNY 688,745.09 due to government subsidies[16] Investment and Projects - The total investment commitment for the distribution network automation products is CNY 22,967.1 million, with a cumulative investment of CNY 13,926 million, achieving 60.64% of the planned progress[22] - The microgrid control system project has a total investment of CNY 4,151.79 million, with a cumulative investment of CNY 3,330.5 million, reaching 80.22% of the planned progress[22] - The company has temporarily supplemented working capital with idle raised funds not exceeding CNY 30 million, with a usage period of up to 12 months[23] - The microgrid control system production project was terminated due to unclear market prospects and difficulties in achieving profitability[22] Cash Flow and Expenses - Cash received from sales and services in Q1 2021 was CNY 101.82 million, a 53.00% increase from CNY 66.55 million in Q1 2020[17] - The company incurred research and development expenses of ¥2,726,103.53, slightly up from ¥2,646,041.48 in the previous period[47] - The cash flow from operating activities shows a net outflow of -¥26,890,734.88, which is a marginal improvement from -¥27,474,756.81 in the previous period[52] - The total cash inflow from investment activities is ¥477,363,944.61, compared to ¥113,821,738.62 in the previous period, showing a substantial increase[52] Operational Challenges - The company has faced delays in project construction and equipment procurement due to the impact of the COVID-19 pandemic[22] - The company has not reported any significant changes in the cumulative net profit forecast for the year[24] Compliance and Audits - The company has not engaged in any investor communications or interviews during the reporting period[29] - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[57] - The company has disclosed a special audit opinion regarding fund occupation as of April 28, 2021[28]