Silan(SH:600460)2021-04-28 16:00Financial Performance - Net profit attributable to shareholders reached CNY 173,707,468.24, a significant increase of 7,726.86% year-on-year[4] - Operating revenue surged by 113.47% to CNY 1,475,167,520.27 compared to the same period last year[4] - Basic earnings per share increased to CNY 0.132, up 6,500.00% year-on-year[4] - The company reported a net profit excluding non-recurring gains and losses of CNY 163,139,119.33, compared to a loss of CNY 14,980,131.74 in the same period last year[4] - The net profit for Q1 2021 reached CNY 159,144,222.83, compared to a net loss of CNY 20,501,423.66 in Q1 2020[18] - The operating profit for Q1 2021 was CNY 177,423,457.91, a turnaround from a loss of CNY 23,671,944.00 in the same period last year[17] - The total comprehensive income for Q1 2021 was CNY 159,351,394.96, compared to a loss of CNY 21,085,795.90 in Q1 2020[18] Assets and Liabilities - Total assets increased by 2.94% to CNY 10,129,794,646.31 compared to the end of the previous year[4] - The company's total assets as of Q1 2021 were CNY 6,631,487,506.00, compared to CNY 6,407,372,336.71 in the previous year, indicating an increase of approximately 3.5%[16] - Total liabilities amounted to CNY 5,463,222,482.51, up from CNY 5,332,890,506.43, which is an increase of around 2.45%[14] - The total liabilities as of Q1 2021 amounted to CNY 2,896,827,549.91, compared to CNY 2,808,559,476.86 in the previous year, indicating a rise of about 3.1%[16] - Current liabilities rose to ¥3,860,254,880.38 from ¥3,682,321,805.04, reflecting an increase of approximately 4.82%[13] Cash Flow - Net cash flow from operating activities improved to -CNY 35,533,371.21, a reduction in losses compared to -CNY 93,748,469.53 in the previous year[4] - Cash inflow from operating activities reached ¥820,281,575.10 in Q1 2021, up from ¥523,560,320.42 in Q1 2020, marking a growth of approximately 56.8%[21] - The company experienced a net cash outflow from investing activities of ¥221,345,346.82 in Q1 2021, compared to a net outflow of ¥151,675,272.62 in Q1 2020[22] - Cash flow from financing activities showed a net inflow of ¥104,697,226.13 in Q1 2021, down from ¥212,997,303.42 in Q1 2020, reflecting a decrease of about 50.8%[22] Shareholder Information - The total number of shareholders at the end of the reporting period was 128,470[6] - The largest shareholder, Hangzhou Silan Holdings Co., Ltd., held 39.14% of the shares[6] Research and Development - The company's research and development expenses rose to RMB 114,045,865.31, a 47.81% increase from RMB 77,157,236.28 in the previous year[9] - Research and development expenses increased to CNY 114,045,865.31 in Q1 2021, up from CNY 77,157,236.28 in Q1 2020, reflecting a growth of approximately 48%[17] Government Subsidies - The company received government subsidies amounting to CNY 14,355,450.09 during the reporting period[5] Other Financial Metrics - The weighted average return on net assets rose to 4.91%, an increase of 4.84 percentage points from the previous year[4] - The company reported a significant increase in management expenses by 30.59% to RMB 67,807,797.75, attributed to increased operational investments due to expanded capacity[9] - The company's cash and cash equivalents at the end of Q1 2021 were ¥938,919,463.48, down from ¥996,374,540.22 at the end of Q1 2020, indicating a decrease of approximately 5.8%[22]