NBYS(SH:600366)2021-04-18 16:00Financial Performance - Operating revenue for the first quarter reached CNY 677,644,787.48, a significant increase of 73.78% year-on-year[12] - Net profit attributable to shareholders was CNY 64,724,554.17, recovering from a loss of CNY 27,080,221.73 in the same period last year[12] - The net profit after deducting non-recurring gains and losses was CNY 47,106,485.43, a substantial increase of 3,903.13% year-on-year[12] - Basic and diluted earnings per share were both CNY 0.0654, recovering from losses of CNY -0.0274 in the same period last year[15] - Total operating revenue for the first quarter of 2021 was CNY 400,958,449.72, a significant increase from CNY 195,122,594.06 in the same period of 2020, representing a growth of approximately 105.4%[47] - Operating profit for the first quarter of 2021 was CNY 50,062,428.55, compared to a loss of CNY 29,534,573.87 in the first quarter of 2020, indicating a turnaround in profitability[51] - Net profit for the first quarter of 2021 reached CNY 42,552,589.33, while the company reported a net loss of CNY 26,177,076.77 in the same quarter of the previous year[51] - The total comprehensive income for the first quarter of 2021 was CNY 64,853,009.84, compared to a loss of CNY 27,296,148.60 in Q1 2020[45] - The total comprehensive income for the first quarter of 2021 was CNY 42,552,589.33, a decrease of CNY 26,177,076.77 compared to the same period in 2020[53] Cash Flow - The net cash flow from operating activities was negative at CNY -175,069,679.93, compared to CNY -61,153,129.75 in the previous year[12] - Cash inflow from operating activities amounted to CNY 675,809,449.27, up from CNY 527,523,672.73 in the first quarter of 2020, representing a growth of approximately 28.1%[56] - Cash received from investment activities totaled CNY 925,235,665.30, while cash outflow for investments was CNY 987,990,888.78, resulting in a net cash flow from investment activities of CNY -62,755,223.48[56] - The net cash flow from financing activities was CNY 250,898,286.14, an increase from CNY 61,864,468.42 in the first quarter of 2020[56] - The company reported a net increase in cash and cash equivalents of CNY 17,048,621.91, compared to a decrease of CNY -226,008,021.61 in the same quarter of the previous year[58] - The ending balance of cash and cash equivalents was CNY 213,070,670.29, down from CNY 241,907,935.54 at the end of the first quarter of 2020[58] Assets and Liabilities - Total assets increased by 6.28% to CNY 6,384,399,181.23 compared to the end of the previous year[12] - Short-term loans rose by 32.22% to ¥1,058,540,800.00 from ¥800,611,388.99, indicating an increase in borrowing during the reporting period[23] - The accounts payable increased by 40.13% to ¥353,288,262.36 from ¥252,118,612.27, reflecting higher procurement payables[23] - Total liabilities increased to ¥1,159,710,138.73 from ¥1,311,878,189.45 year-over-year[40] - The company reported a total current liability of ¥1,109,710,138.73, down from ¥1,261,798,034.59 in the previous year[39] Shareholder Information - The total number of shareholders at the end of the reporting period was 72,048[19] - The largest shareholder, Yunsen Holdings Group Co., Ltd., held 32.39% of the shares[19] Operating Costs and Expenses - Operating costs increased by 49.67% to ¥495,622,797.03 from ¥331,145,555.06, attributed to higher sales volume and increased patent fees[25] - The total operating costs for the first quarter of 2021 were CNY 329,713,986.09, up from CNY 185,695,021.21 in Q1 2020, reflecting an increase of approximately 77.4%[51] - The company’s financial expenses surged by 185.64% to ¥2,822,737.18 from ¥988,215.25, primarily due to increased interest expenses[25] - Research and development expenses increased to CNY 17,629,816.32 in Q1 2021 from CNY 10,862,085.05 in Q1 2020, reflecting a growth of approximately 62.5%[51] - Financial expenses for the first quarter of 2021 were CNY 3,737,360.57, compared to a negative CNY 1,726,495.71 in the same quarter of 2020, indicating a shift in financial costs[51] Government Subsidies - The company received government subsidies amounting to CNY 2,787,340.94 during the reporting period[15]