ZZPZH(SH:600436)2021-04-23 16:00Financial Performance - Net profit attributable to shareholders increased by 20.84% to CNY 565,307,136.45 year-on-year[4] - Operating income rose by 16.76% to CNY 2,001,820,981.48 compared to the same period last year[4] - Basic earnings per share increased by 20.51% to CNY 0.94 compared to the previous year[4] - The company reported a total profit of ¥681,877,931.50, up from ¥563,774,394.84, marking a 21% increase year-over-year[21] - The total comprehensive income for Q1 2021 was ¥593,716,178.05, compared to ¥443,309,590.23 in Q1 2020, a growth of 34%[22] - Operating profit for Q1 2021 was ¥683,337,217.68, compared to ¥558,575,701.97 in Q1 2020, reflecting a 22.3% increase[21] - The company achieved an operating profit margin of approximately 34.1% in Q1 2021, compared to 32.5% in Q1 2020[21] Asset and Liability Changes - Total assets increased by 7.37% to CNY 10,957,448,078.41 compared to the end of the previous year[4] - Total liabilities reached ¥549,396,138.26, up from ¥478,668,752.05, indicating an increase of about 14.1%[20] - The company's total equity as of March 31, 2021, was ¥8,080,019,922.66, compared to ¥7,511,902,064.77 at the end of 2020, representing a growth of approximately 7.6%[20] - Total current liabilities amounted to ¥490,260,855.10, an increase from ¥422,453,670.59, reflecting a growth of approximately 16.0%[19] - Total liabilities amounted to ¥1,949,014,183.54, a decrease of ¥108,498,463.34 compared to the previous period[30] - Total assets reached ¥10,205,569,714.10, reflecting a decrease from ¥10,314,068,177.44[30] Cash Flow Analysis - Net cash flow from operating activities surged by 123.56% to CNY 679,248,836.63 year-on-year[4] - Cash inflow from operating activities for Q1 2021 was CNY 1,918,817,151.31, a 23.06% increase from CNY 1,559,067,003.40 in Q1 2020[25] - Cash outflow for investing activities was CNY 17,886,123.84, down from CNY 23,725,183.50 in Q1 2020, indicating a 24.00% decrease[26] - The net cash flow from financing activities was -CNY 44,044,774.96, compared to a positive CNY 36,452,051.82 in the previous year[26] - The ending cash and cash equivalents balance for Q1 2021 was CNY 3,034,285,156.02, up from CNY 2,113,723,241.09 in Q1 2020, reflecting a 43.48% increase[26] Shareholder Information - The total number of shareholders at the end of the reporting period was 124,250[6] - The largest shareholder, Zhangzhou Jiulongjiang Group Co., Ltd., holds 57.92% of the shares[6] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 1,241,924.94, closely related to normal business operations[5] - The company reported a significant increase in non-current asset disposal gains of CNY 1,480,040.94[5] Changes in Receivables and Payables - Accounts receivable decreased by 40.86% to 2,382.78 million, down from 4,029.02 million[10] - Financing receivables increased by 147.70% to 6,087.39 million, compared to 2,457.61 million in the previous period[10] - Accounts payable increased by 33.73% to 29,717.04 million, up from 22,222.40 million[10] - Contract liabilities decreased by 64.93% to 9,952.25 million, down from 28,374.97 million[10] - Tax payable increased by 104.82% to 27,421.37 million, compared to 13,387.79 million in the previous period[10] Research and Development - Research and development expenses decreased to ¥22,037,414.40 from ¥30,902,313.85, a reduction of 28.5%[21]