Addsino (000547)2021-04-27 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥945,029,709.40, representing a 23.07% increase compared to ¥767,875,868.31 in the same period last year[9]. - Net profit attributable to shareholders for Q1 2021 was ¥187,520,568.69, a 52.30% increase from ¥123,125,818.97 in the previous year[9]. - The basic earnings per share for Q1 2021 was ¥0.12, up 50.00% from ¥0.08 in the same period last year[9]. - Total operating revenue for the first quarter reached ¥945,029,709.40, an increase of 23.1% compared to ¥767,875,868.31 in the same period last year[64]. - Net profit for the quarter was ¥197,441,332.93, representing a 42.7% increase from ¥138,161,059.02 in the previous year[67]. - Total comprehensive income amounted to ¥197,441,332.93, up 42.8% from ¥138,161,059.02 in the previous period[71]. Cash Flow - The net cash flow from operating activities for Q1 2021 was -¥457,070,119.40, a decrease of 78.27% compared to -¥256,391,696.44 in the previous year[9]. - Cash received from operating activities increased by 307.73% to CNY 113,634,406.72, mainly from government subsidies and returned deposits[26]. - Cash inflows from operating activities totaled ¥639,717,822.67, compared to ¥597,279,721.54 in the previous period, indicating a 7.1% increase[79]. - The net cash flow from operating activities was -457,070,119.40, compared to -256,391,696.44 in the previous period, indicating a decline of approximately 78.3%[82]. - Cash outflows from operating activities totaled 1,096,787,942.07, an increase of 28.5% from 853,671,417.98 in the prior period[82]. Assets and Liabilities - Total assets at the end of Q1 2021 were ¥12,561,977,697.77, a 1.02% increase from ¥12,435,488,442.32 at the end of the previous year[9]. - Total assets increased from CNY 12.435 billion at the end of 2020 to CNY 12.562 billion by March 31, 2021[52]. - Total liabilities decreased from CNY 3.091 billion at the end of 2020 to CNY 3.022 billion by March 31, 2021[55]. - The company reported a total equity of CNY 9.540 billion as of March 31, 2021, unchanged from the previous period[55]. - Total liabilities reached ¥3,090,664,732.61, a decrease of ¥32,941,277.64 compared to the previous period[96]. Investments and Expenses - R&D expenses increased by 33.97% to CNY 63,682,530.31 as the company ramped up investment after a pandemic-related slowdown last year[23]. - Management expenses rose by 56.98% to CNY 105,448,068.64 due to increased costs related to employee placement and long-term asset amortization[23]. - The company completed 100% of the investment in the new generation low-noise diesel generator project, totaling CNY 17,347,100[32]. - The company has invested CNY 33,505,980 in the acquisition of a simulation company, achieving a 95.44% completion rate[33]. - The company reported an investment income of ¥14,216,671.85, a significant recovery from a loss of ¥7,713,515.30 in the previous year[67]. Shareholder Information - The top shareholder, China Aerospace Science and Industry Corporation, held 9.43% of the shares, while the second-largest shareholder held 7.23%[14]. - The company reported a total of 125,762 common shareholders at the end of the reporting period[14]. Government Subsidies - The company received government subsidies amounting to ¥7,453,235.34 during the reporting period[9]. - Deferred income surged by 988.76% to CNY 61,896,770.36 primarily from new government subsidies received[23].