GS(SH:601500)2021-04-27 16:00Financial Performance - Operating revenue for the period was CNY 1,082,777,645.45, representing a significant increase of 91.89% year-on-year[18]. - Net profit attributable to shareholders was CNY 17,448,524.45, up 57.59% from the same period last year[18]. - Basic earnings per share doubled to CNY 0.02, reflecting a 100% increase year-on-year[18]. - The company's operating revenue for the first quarter of 2021 was CNY 1,082,777,645.45, representing a 91.89% increase compared to CNY 564,275,493.90 in the previous year[30]. - The net profit for the first quarter of 2021 was CNY 17,448,524.45, a 57.59% increase from CNY 11,072,435.46 in the same period last year[32]. - The company's total operating revenue for Q1 2021 reached ¥1,082,777,645.45, a significant increase from ¥564,275,493.90 in Q1 2020, representing a growth of approximately 92%[52]. - Net profit for Q1 2021 was ¥17,448,524.45, up from ¥11,072,435.46 in Q1 2020, reflecting a growth of approximately 57%[55]. Cash Flow - Net cash flow from operating activities surged to CNY 67,917,959.29, a remarkable increase of 763.02% compared to the previous year[18]. - The net cash flow from operating activities for Q1 2021 was approximately ¥67.92 million, compared to ¥7.87 million in Q1 2020[63]. - Cash inflow from operating activities totaled 745,494,968.84 RMB in Q1 2021, up from 598,978,591.28 RMB in Q1 2020, marking an increase of approximately 24.5%[65]. - The company reported a total cash outflow from operating activities of 658,274,436.99 RMB in Q1 2021, compared to 612,421,969.88 RMB in Q1 2020, indicating an increase of about 7.5%[65]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 7,724,958,093.80, an increase of 1.26% compared to the end of the previous year[18]. - Total liabilities increased to ¥4,074,867,403.22 from ¥3,956,634,048.09, marking an increase of approximately 2.97%[43]. - Current assets totaled ¥2,708,416,863.70, up from ¥2,682,397,710.99, indicating an increase of about 0.97%[41]. - Non-current assets rose to ¥5,016,541,230.10 from ¥4,946,571,923.34, reflecting a growth of around 1.41%[41]. - The company's equity attributable to shareholders decreased to ¥3,650,090,690.58 from ¥3,672,335,586.24, reflecting a decrease of approximately 0.61%[43]. Shareholder Information - The total number of shareholders at the end of the reporting period was 38,247[25]. - The largest shareholder, Hongdou Group Co., Ltd., held 539,848,300 shares, accounting for 61.89% of the total shares[25]. Expenses and Costs - The company reported a 100.75% increase in operating costs, totaling CNY 974,556,325.51, due to higher sales volume and reclassification of freight costs[30]. - Financial expenses increased by 128.66% to CNY 21,752,018.66, primarily due to increased bank borrowings[30]. - Research and development expenses for Q1 2021 were ¥24,847,158.19, compared to ¥21,352,613.57 in Q1 2020, representing an increase of approximately 16%[52]. Government Subsidies and Other Income - The company received government subsidies amounting to CNY 16,553,575.00, which are closely related to its normal business operations[20]. - The company reported other income of approximately ¥16.55 million in Q1 2021, compared to ¥6.55 million in Q1 2020[57]. Miscellaneous - The company has not reported any significant changes in its commitments or major events during the reporting period[36]. - The total comprehensive income for Q1 2021 was negatively impacted by other comprehensive losses amounting to ¥39,693,420.11, compared to losses of ¥53,480,242.26 in Q1 2020[55].