CDXG(SH:600353)2021-04-26 16:00Financial Performance - Operating income fell by 16.74% to CNY 152,639,651.20 year-on-year[11] - Net profit attributable to shareholders increased by 326.74% to CNY 10,081,536.02 compared to the same period last year[11] - Total operating revenue for Q1 2021 was CNY 152,639,651.20, a decrease of 16.7% compared to CNY 183,336,955.10 in Q1 2020[41] - Net profit for Q1 2021 was CNY 11,238,286.15, compared to a net loss of CNY 4,047,410.50 in Q1 2020[41] - The company's operating revenue for Q1 2021 was CNY 132,080,264.93, an increase from CNY 109,062,824.74 in Q1 2020, representing a growth of approximately 21.1%[47] - The net profit for Q1 2021 reached CNY 9,808,842.14, compared to CNY 5,530,662.69 in Q1 2020, indicating a year-over-year increase of about 77.0%[47] - The total comprehensive income for the parent company in Q1 2021 was CNY 10,081,536.02, compared to CNY 2,362,448.23 in Q1 2020, marking an increase of approximately 326.5%[47] Assets and Liabilities - Total assets decreased by 1.47% to CNY 1,593,387,021.20 compared to the end of the previous year[11] - Total current assets as of March 31, 2021, amounted to 1,078,523,719.25 RMB, a decrease from 1,145,406,530.83 RMB as of December 31, 2020[22] - Total liabilities decreased from 390,536,027.48 RMB as of December 31, 2020, to 352,211,820.43 RMB as of March 31, 2021[29] - The company's total assets amounted to CNY 1,447,811,459.73, slightly down from CNY 1,456,184,947.92 in the previous period[37] - Total liabilities decreased to CNY 308,102,382.09 from CNY 327,031,571.30[37] - The company's equity increased to CNY 1,139,709,077.64 from CNY 1,129,153,376.62[37] Cash Flow - Cash flow from operating activities decreased by 177.57% to CNY -19,347,095.11 compared to the previous year[11] - The net cash flow from operating activities for Q1 2021 was negative at CNY -19,347,095.11, a decline from a positive CNY 24,941,930.27 in Q1 2020[49] - The net cash flow from operating activities for Q1 2021 was -14,435,620.43 RMB, compared to -9,502,063.16 RMB in Q1 2020, indicating a decline in operational cash flow[55] - Total cash inflow from operating activities was 76,615,054.90 RMB, up from 66,694,973.16 RMB in the previous year, reflecting a growth of approximately 13.7%[55] - Cash outflow for purchasing goods and services increased to 37,886,513.68 RMB from 30,964,247.43 RMB, representing a rise of about 22.5%[55] - The total cash and cash equivalents at the end of Q1 2021 were 131,415,875.15 RMB, a decrease from 308,510,801.02 RMB at the end of Q1 2020[55] Investment and Expenses - Investment income rose by 724.78% due to changes in control of Shuhang Technology[17] - Research and development expenses for Q1 2021 were CNY 5,231,053.69, down from CNY 7,098,798.69 in Q1 2020[41] - Research and development expenses for Q1 2021 amounted to CNY 3,622,050.40, which is a substantial increase from CNY 1,534,436.95 in Q1 2020, representing an increase of about 135.5%[47] - The company reported investment income of CNY 2,937,475.06, compared to CNY 356,154.28 in the previous year[41] - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets increased by 77.33% compared to the same period last year, mainly due to increased prepayments for equipment by the company and Yige Machinery[20] Shareholder Information - The number of shareholders reached 38,077, with the largest shareholder holding 27.91% of the shares[13] - Basic and diluted earnings per share for Q1 2021 were both CNY 0.0187, up from CNY 0.004 in Q1 2020, reflecting a significant increase of 368.8%[47] Government Support - The company received government subsidies amounting to CNY 1,448,439.60 during the reporting period[11]