HBFX(000926)2021-04-29 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥1,870,545,057.57, representing a 42.65% increase compared to ¥1,311,288,572.07 in the same period last year[7] - Net profit attributable to shareholders decreased by 36.85% to ¥69,802,460.74 from ¥110,541,203.89 year-on-year[7] - The net profit after deducting non-recurring gains and losses dropped by 95.58% to ¥5,275,262.69 from ¥119,288,728.62 in the previous year[7] - The total operating profit for Q1 2021 was approximately ¥112 million, a decrease of 52.1% compared to ¥232 million in the same period last year[39] - The net profit attributable to shareholders of the parent company was approximately ¥69.8 million, down 36.9% from ¥110.5 million year-over-year[40] - The total comprehensive income for Q1 2021 was approximately ¥63.6 million, a decrease of 53% compared to ¥135.5 million in the previous year[40] - Basic and diluted earnings per share for Q1 2021 were both ¥0.07, down from ¥0.11 in the same quarter last year[40] - The total profit for Q1 2021 was approximately ¥96.2 million, a decrease of 55.3% from ¥215.3 million in the same period last year[39] Cash Flow - The net cash flow from operating activities improved significantly, reaching ¥923,619,979.10, a 269.32% increase from a negative cash flow of ¥545,498,157.36 in the same period last year[7] - Cash flow from operating activities was approximately ¥3.02 billion, an increase of 63.2% compared to ¥1.85 billion in the previous year[46] - The cash outflow from operating activities totaled ¥2,257,760,499.72, slightly down from ¥2,454,610,915.28 in the previous year, indicating a reduction of about 8%[48] - The company reported a total operating cash inflow of ¥3,181,380,478.82, which is an increase of approximately 67% compared to ¥1,909,112,757.92 in the previous year[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥51,587,437,758.49, a decrease of 1.65% from ¥52,454,852,156.90 at the end of the previous year[7] - Total liabilities decreased to CNY 39,312,830,669.63 in Q1 2021 from CNY 40,171,805,718.60 in Q4 2020, reflecting a reduction of approximately 2.1%[31] - The total equity attributable to shareholders increased to CNY 11,159,539,183.43 from CNY 11,090,061,602.08, showing a slight increase of 0.6%[31] - The company has short-term borrowings of CNY 540 million and long-term borrowings of CNY 3.46 billion[54] Expenses - Operating costs rose by 61.59% to ¥1,479,453,252.57 from ¥915,573,809.92, mainly due to an increase in settlement area[15] - Sales expenses surged by 111.97% to ¥69,075,185.15 from ¥32,586,887.18, driven by increased sales turnover[15] - Financial expenses increased by 80.17% to ¥68,473,634.69 from ¥38,003,999.50, primarily due to higher interest expenses[15] - The company reported a significant increase in research and development expenses, which rose to CNY 14,330,044.34 from CNY 2,835,155.12, marking an increase of 404.5%[38] Shareholder Information - The top shareholder, Fuxing Group Holdings Co., Ltd., holds 24.31% of the shares, amounting to 233,928,648 shares, with 25,400,000 shares pledged[11] - The total number of ordinary shareholders at the end of the reporting period was 39,511[11] Government Support - The company received government subsidies amounting to ¥5,170,092.58 during the reporting period[8] Other Information - The company adjusted its financial statements in accordance with new leasing standards, impacting the balance sheet as of January 1, 2021[52] - The company has not undergone an audit for the first quarter report, indicating it is unaudited[57]