ZYSC(SH:600280)2021-04-28 16:00Financial Performance - Operating revenue surged by 96.92% to CNY 1.06 billion compared to the same period last year[5] - Net profit attributable to shareholders was CNY 33.37 million, a significant recovery from a loss of CNY 53.38 million in the previous year[5] - The weighted average return on net assets improved by 10.08 percentage points to 3.53%[5] - Basic and diluted earnings per share were CNY 0.029, recovering from a loss of CNY 0.046 in the same period last year[5] - The net cash flow from operating activities was CNY 69.02 million, a turnaround from a negative cash flow of CNY 203.91 million in the previous year[5] - Net profit for the period was CNY 3,168.10 million, a significant recovery from a net loss of CNY 5,474.98 million in the same period last year[12] - Total operating revenue for Q1 2021 reached ¥1,063,477,081.37, a significant increase of 96.7% compared to ¥540,048,501.30 in Q1 2020[21] - Net profit for Q1 2021 was ¥31,681,033.82, recovering from a net loss of ¥54,749,819.81 in Q1 2020[21] - Basic earnings per share for Q1 2021 were ¥0.029, compared to a loss per share of ¥0.046 in Q1 2020[22] - The company reported a total comprehensive income of ¥9,987,031.89 for Q1 2021, which is consistent with the net profit figure[24] Assets and Liabilities - Total assets increased by 0.47% to CNY 13.20 billion compared to the end of the previous year[5] - The total number of shareholders reached 33,016, with the top ten shareholders holding a combined 77.56% of shares[10] - The company's total assets as of March 31, 2021, amounted to ¥9,395,502,769.79, a decrease from ¥9,612,656,097.35 at the end of 2020[19] - Total liabilities decreased to ¥7,390,599,404.19 from ¥7,617,739,763.64 at the end of 2020, indicating improved financial stability[19] - The company's total current liabilities were ¥7,283,999,639.83, down from ¥7,536,805,164.96 at the end of 2020, showing a reduction in short-term obligations[19] - Total assets increased from CNY 13,140,042,832.53 to CNY 14,028,087,333.75, a rise of CNY 888,044,501.22[30] - Total liabilities rose from CNY 12,173,232,541.94 to CNY 13,061,277,043.16, an increase of CNY 888,044,501.22[30] - Current liabilities decreased by CNY 197,678,543.36, from CNY 11,581,333,990.72 to CNY 11,383,655,447.36[30] - Non-current liabilities surged from CNY 591,898,551.22 to CNY 1,677,621,595.80, an increase of CNY 1,085,723,044.58[30] Cash Flow - The company’s cash flow from operating activities improved to CNY 6,901.98 million, recovering from a negative cash flow of CNY 20,390.79 million in the previous year[12] - The cash flow from operating activities for Q1 2021 was ¥69,019,821.02, a turnaround from a negative cash flow of -¥203,907,937.94 in Q1 2020[26] - The total cash inflow from operating activities was ¥2,306,607,303.21, up from ¥1,392,878,246.90 in the same period last year, marking a growth of 65.5%[26] Costs and Expenses - Operating costs increased by 122.00% to CNY 61,555.12 million from CNY 27,727.76 million, reflecting the recovery in sales following the pandemic[12] - The company incurred total operating costs of ¥175,744,526.23 in Q1 2021, compared to ¥96,983,622.58 in Q1 2020, reflecting an increase of 81.1%[23] - The company reported a significant increase in sales expenses, which rose to ¥97,445,474.17 from ¥79,052,182.92 in the previous year, reflecting increased marketing efforts[21] - The financial expenses for Q1 2021 were ¥32,579,006.78, a decrease of 16.4% from ¥39,124,593.91 in Q1 2020[23] Shareholder Information - The company has not disclosed any new product developments or market expansion strategies in this report[11] - The capital reserve decreased by 91.46% to CNY 324.74 million due to the cancellation of repurchased treasury shares[12] - The company recognized other income of CNY 4,878.39 million, a substantial increase from CNY 239.30 million, attributed to debt restructuring gains[12] - The company's equity totaled CNY 966,810,290.59, unchanged from the previous period[30] - Owner's equity totaled approximately ¥1.99 billion, reflecting a stable capital structure[32] - The company has an undistributed profit of approximately ¥500.87 million, providing potential for future dividends[32] - The capital reserve stands at ¥67.47 million, reflecting retained earnings and additional paid-in capital[32]