XTAD(SH:600359)2021-04-29 16:00Financial Performance - Operating revenue increased by 78.69% to CNY 191,204,473.51 year-on-year[5] - Net profit attributable to shareholders increased by 117.66% to CNY 22,880,827.01 compared to the same period last year[5] - Net cash flow from operating activities increased by 35.56% to CNY 33,759,848.35 year-on-year[5] - Basic earnings per share rose by 114.28% to CNY 0.06 compared to the previous year[5] - The company reported a net profit after deducting non-recurring gains and losses of CNY 19,241,780.77, an increase of 114.87% year-on-year[5] - Total operating revenue for Q1 2021 was CNY 191,204,473.51, a 78.6% increase from CNY 107,002,996.02 in Q1 2020[19] - Net profit for Q1 2021 reached CNY 22,461,162.88, compared to CNY 12,096,117.80 in Q1 2020, representing an increase of 85.5%[20] - Comprehensive income for Q1 2021 was CNY 22,385,200.26, compared to CNY 11,077,778.11 in Q1 2020, reflecting strong overall performance[20] - In Q1 2021, the company reported a net profit of CNY 2,690,521.40, a significant recovery from a net loss of CNY 44,243,631.26 in Q1 2020[22] Assets and Liabilities - Total assets decreased by 5.17% to CNY 1,661,297,114.85 compared to the end of the previous year[5] - Total liabilities decreased to ¥1,156,771,852.23, a reduction of 8.86% from ¥1,269,739,624.33[15] - The company's total assets as of March 31, 2021, were ¥1,661,297,114.85, down from ¥1,751,879,686.69, reflecting a decline of 5.16%[15] - Total assets decreased to CNY 1,535,384,865.77 in Q1 2021 from CNY 1,594,337,308.85 in Q1 2020[18] - Total liabilities decreased to CNY 612,299,691.08 in Q1 2021 from CNY 673,931,440.28 in Q1 2020[18] - The total equity attributable to shareholders increased to ¥516,764,014.50, up from ¥493,959,150.11, reflecting a growth of 4.61%[15] Shareholder Information - The total number of shareholders reached 67,228 at the end of the reporting period[10] - The largest shareholder, Aral Tongzhong State-owned Assets Management Co., Ltd., holds 40.32% of the shares[10] Cash Flow and Financing Activities - Cash flow from operating activities increased to CNY 33,759,848.35 in Q1 2021, up from CNY 24,903,814.59 in Q1 2020, indicating improved operational efficiency[24] - The net cash flow from financing activities was negative at CNY -33,672,798.84 in Q1 2021, an improvement from CNY -45,289,348.41 in Q1 2020, indicating better management of financing[25] - The company reported a cash increase of $32,222,619.64 during the period, contrasting with a decrease of $71,720,646.95 in the previous period[28] - The total cash inflow from financing activities reached $144,141,770.68, compared to $135,474,376.00 in the prior period, indicating a growth of approximately 4.9%[28] - The total cash outflow from financing activities was $121,057,608.48, down from $206,958,096.39 in the prior period, indicating a reduction of approximately 41.5%[28] Expenses and Investments - Research and development expenses for Q1 2021 were CNY 1,976,876.38, compared to CNY 1,040,254.98 in Q1 2020, indicating a focus on innovation[19] - The company generated CNY 29,889,852.00 from the disposal of fixed assets in Q1 2021, a significant increase from CNY 675,854.94 in Q1 2020[25] - Cash inflow from investment activities was $889,852.00, compared to $400,000.00 in the previous period, reflecting a 122.5% increase[28] Other Financial Metrics - The weighted average return on equity increased by 2.29 percentage points to 4.64%[5] - The company recorded a significant reduction in financial expenses, decreasing from CNY 4,469,711.60 in Q1 2020 to CNY 1,181,871.85 in Q1 2021[22] - The company reported a credit impairment loss of CNY -2,022,246.02 in Q1 2021, an improvement from CNY -3,779,695.22 in Q1 2020[19] - The cash and cash equivalents at the end of Q1 2021 were CNY 86,035,393.35, compared to CNY 107,949,903.99 at the end of Q1 2020, reflecting a decrease of approximately 20.3%[25] - The company did not apply the new leasing standards for the current reporting period[29]