国安达(300902) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥43,181,556.03, representing a 6.59% increase compared to ¥40,512,706.83 in the same period last year[8] - Net profit attributable to shareholders decreased by 61.92% to ¥4,122,175.29 from ¥10,825,201.70 year-on-year[8] - The net profit after deducting non-recurring gains and losses fell by 86.10% to ¥1,371,400.33 compared to ¥9,869,476.13 in the previous year[8] - Basic and diluted earnings per share decreased by 63.64% to ¥0.04 from ¥0.11 year-on-year[8] - Operating profit for Q1 2021 decreased to CNY 5,168,513.02 from CNY 11,106,685.61 in the same period last year, indicating a decline of approximately 53.4%[48] - Net profit for Q1 2021 was CNY 4,012,446.15, down from CNY 10,182,726.91 in the previous year, reflecting a decrease of about 60.7%[49] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥19,666,079.03, worsening by 19.49% from -¥16,458,754.09 in the same period last year[8] - The company's cash and cash equivalents balance increased by 259.40% to ¥34,948,987.84, primarily due to funds raised from issuing new shares[17] - Cash inflow from operating activities totaled CNY 39,310,553.71, compared to CNY 35,493,589.29 in the previous period, indicating an increase of about 10.0%[55] - The cash outflow from operating activities was 31,312,535.13, up from 19,687,077.92 in the previous period, reflecting increased operational expenses[59] - The total cash and cash equivalents at the end of the period were 34,948,987.84, down from 59,844,402.62 at the beginning of the period[57] Assets and Liabilities - Total assets at the end of the reporting period were ¥907,265,369.74, down 1.78% from ¥923,716,576.62 at the end of the previous year[8] - Total liabilities decreased to CNY 65,636,517.32 from CNY 85,703,007.46, indicating a reduction in financial obligations[40] - Accounts receivable amounted to ¥132,287,963.10, showing a potential increase due to expanded business scale with downstream customers[26] - The total current assets decreased from ¥706,714,048.88 to ¥681,073,448.90, reflecting a reduction in liquidity[38] Operating Costs and Expenses - Operating costs rose by 54.32% to ¥22,303,219.02, mainly due to high initial costs of the new compressed air foam fire extinguishing system[18] - Research and development expenses decreased by 35.41% to ¥2,851,024.34, primarily due to a one-time payment for commissioned development in the previous year[18] - The company reported a significant increase in sales expenses, which rose by 71.70% to ¥8,828,530.56, attributed to increased market development costs for new products[18] Customer Concentration and Market Strategy - The company’s top five customers accounted for 62.53% of total sales, indicating a high customer concentration risk[20][25] - The company plans to strengthen market development and expand new customer relationships to mitigate reliance on major clients[25] - The company is focusing on expanding its market presence and enhancing product development strategies to drive future growth[41] Government Support and Investments - The company received government subsidies amounting to ¥1,316,346.48 during the reporting period[9] - The company has invested a total of ¥44,215.99 million in fundraising projects, with ¥3,049.06 million invested in the current quarter[29] - Cumulative investment in fundraising projects reached ¥16,767.79 million, indicating ongoing commitment to project funding[29] - The balance of unused fundraising amounts to ¥27,725.99 million, which will be gradually invested in committed fundraising projects[31] Financial Reporting and Audit - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[62]