Goke(SZ:300672)2021-04-27 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥411,590,400.05, representing a significant increase of 732.14% compared to ¥49,461,898.45 in the same period last year[8]. - The net profit attributable to shareholders for Q1 2021 was ¥1,177,065.13, a recovery from a loss of ¥34,955,955.89 in the previous year[8]. - The basic and diluted earnings per share for Q1 2021 were both ¥0.0065, recovering from a loss of ¥0.1941 per share in the previous year[8]. - The company reported a net profit of CNY 292,007,295.66 for the first quarter, compared to CNY 290,830,230.53 in the previous year, showing a marginal increase of about 0.4%[39]. - The total comprehensive income for the period was -¥1,171,286.22, compared to -¥19,544,497.43 in the previous period, showing an improvement[54]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥45,470,945.15, compared to a negative cash flow of ¥29,201,896.17 in the same period last year[8]. - The total cash inflow from operating activities amounted to ¥555,937,172.08, compared to ¥169,670,028.42 in the previous period, indicating a growth of about 227.5%[52]. - The cash outflow for operating activities was ¥510,466,226.93, up from ¥198,871,924.59 in the previous period, reflecting an increase of approximately 156.5%[52]. - The ending balance of cash and cash equivalents was ¥415,528,022.02, up from ¥393,919,423.36 in the previous period[53]. - The company’s cash and cash equivalents decreased to 427,340,391.42 yuan from 523,099,707.74 yuan, reflecting liquidity changes[36]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,895,926,813.82, a decrease of 1.50% from ¥2,939,883,410.91 at the end of the previous year[8]. - The total liabilities decreased to CNY 1,080,046,734.31 from CNY 691,733,980.23, indicating a rise of approximately 56.0%[44]. - The total equity attributable to shareholders of the parent company was CNY 1,261,549,195.60, up from CNY 1,257,014,692.36, showing a slight increase of about 0.4%[39]. - The accounts receivable stood at CNY 80,715,375.39, a decrease from CNY 88,462,299.94, indicating a decline of about 8.4%[42]. - The inventory increased to CNY 207,380,469.45 from CNY 181,162,050.34, reflecting an increase of approximately 14.5%[42]. Operating Costs and Expenses - The operating cost for Q1 2021 was ¥356,318,495.82, reflecting a 1111.73% increase from ¥29,405,743.88 in the same period last year[22]. - The financial expenses for Q1 2021 were ¥2,852,625.91, a 46.62% increase compared to ¥1,945,539.96 in Q1 2020, primarily due to foreign exchange losses[22]. - The total operating costs amounted to CNY 434.84 million, with operating costs specifically at CNY 356.32 million[46]. - Research and development expenses rose to ¥51,267,096.27, up 32.47% from ¥38,699,778.59 in Q1 2020, indicating increased investment in R&D[22]. - The company reported other income of CNY 23.36 million, significantly higher than CNY 10.07 million in the previous year[46]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,851[11]. - The top shareholder, Hunan Guoke Holdings, held 21.65% of the shares, while the second-largest shareholder, the National Integrated Circuit Industry Investment Fund, held 14.60%[11]. - The total number of restricted shares at the end of the period was 7,716,793, with no new restricted shares added during the reporting period[19]. Market and Operational Challenges - The company faces supply chain risks due to global semiconductor shortages, which may affect procurement and profit margins[27]. - The ongoing pandemic has impacted product development and market promotion, leading to uncertainties in future operations[27]. - The company is currently implementing the "Tianwang Project" upgrade for the Changsha Public Security Bureau, indicating ongoing project engagements[25].