AriTime(SH:600560)2021-04-23 16:00Financial Performance - Net profit attributable to shareholders increased by 100.56% to CNY 13,922,340.16 year-on-year[5] - Operating revenue rose by 23.50% to CNY 142,510,342.48 compared to the same period last year[5] - Net profit for Q1 2021 was ¥14,258,380.58, a significant increase of 91.1% from ¥7,450,261.57 in Q1 2020[31] - The net profit attributable to the parent company was CNY 13,922,340.16, up 100.00% from CNY 6,941,824.52 in the same period last year[32] - The total profit for Q1 2021 was CNY 13,311,019.33, up from CNY 6,308,937.17 in the previous year, representing a growth of 111.00%[35] Cash Flow - Net cash flow from operating activities surged by 365.04% to CNY 58,377,762.05 year-on-year[5] - Cash received from operating activities surged by 365.04% to ¥58,377,762.05, driven by the maturity of receivable notes[19] - The company's cash flow from operating activities was CNY 215,101,494.47, an increase from CNY 165,010,350.51 in Q1 2020[38] - The net cash flow from operating activities for Q1 2021 was ¥46,726,626.74, a significant increase from ¥15,291,706.01 in Q1 2020, representing a growth of approximately 205%[40] - Total cash inflow from operating activities reached ¥159,955,488.79, compared to ¥118,766,504.39 in the previous year, indicating a year-over-year increase of about 34.7%[40] Assets and Liabilities - Total assets decreased by 3.34% to CNY 1,897,030,862.44 compared to the end of the previous year[5] - Total liabilities decreased to ¥1,045,287,996.13 from ¥1,125,076,033.45, reflecting a reduction in the company's debt levels[23] - The company's total assets as of March 31, 2021, amounted to ¥1,473,495,583.95, a decrease from ¥1,507,931,532.23 at the end of 2020[27] - Current assets totaled ¥1,228,676,644.47, down from ¥1,261,071,759.68 at the end of 2020[27] - Total liabilities decreased to ¥851,841,793.14 from ¥897,553,830.92, indicating a reduction of 5.1%[28] Shareholder Information - The number of shareholders reached 18,981, with the largest shareholder holding 42.95% of shares[9] - Shareholders' equity increased to ¥621,653,790.81 from ¥610,377,701.31, showing a growth of 1.9%[28] Research and Development - R&D expenses increased by 34.68% to ¥8,752,656.94, reflecting a higher investment in research and development[13] - Research and development expenses for Q1 2021 were ¥8,752,656.94, compared to ¥6,499,019.85 in Q1 2020, marking a 34.6% increase[31] Income and Expenses - Other income decreased by 39.19% to ¥1,177,979.74, primarily due to a reduction in government subsidies[13] - Investment income plummeted by 99.14% to ¥7,581.71, attributed to decreased returns from structured deposits during the reporting period[13] - Cash outflow for fixed asset purchases increased by 381.13% to ¥727,941.63, indicating a rise in capital expenditures[16] - The cost of goods sold decreased to CNY 66,631,736.89 from CNY 74,436,433.10, reflecting a reduction of approximately 10.00%[35] - The company recorded other income of CNY 755,110.32, down from CNY 1,937,135.52 in Q1 2020, a decrease of approximately 61.00%[35] Cash and Cash Equivalents - Cash and cash equivalents increased by 40.02% to CNY 92,254,345.94 due to the receipt of bank acceptance bills[11] - The company reported a net increase in cash and cash equivalents of ¥31,354,494.90 for Q1 2021, compared to ¥13,018,916.46 in Q1 2020, marking an increase of approximately 141%[42] - The ending balance of cash and cash equivalents was ¥61,451,733.62, up from ¥42,949,669.60 at the end of Q1 2020, representing a growth of about 43.2%[42]