AHHL(SH:600761)2021-04-26 16:00Financial Performance - Operating revenue surged by 84.47% to CNY 3,472,451,814.18 year-on-year[10] - Net profit attributable to shareholders rose by 141.19% to CNY 178,647,605.33 compared to the same period last year[10] - Basic earnings per share increased by 141.16% to CNY 0.2414[10] - Operating profit for Q1 2021 was ¥233,789,287.08, reflecting a significant increase of 130.94% year-on-year, attributed to expanded production and sales scale[19] - The company's total revenue for Q1 2021 reached ¥3,472,451,814.18, a significant increase of 84.5% compared to ¥1,882,384,858.03 in Q1 2020[38] - Net profit for Q1 2021 was ¥205,683,541.45, up 126.5% from ¥90,965,052.42 in Q1 2020[42] - The company's operating profit for Q1 2021 was ¥233,789,287.08, compared to ¥101,233,950.74 in Q1 2020, representing a growth of 130.3%[42] - The company reported a total comprehensive income of ¥204,038,259.24 for Q1 2021, compared to ¥90,416,795.07 in Q1 2020, reflecting a growth of 125.5%[42] Assets and Liabilities - Total assets increased by 3.29% to CNY 10,092,348,148.61 compared to the end of the previous year[10] - Current liabilities rose to ¥3,148,849,403.41, compared to ¥2,943,620,678.26, reflecting an increase of about 7%[31] - Total liabilities reached ¥3,984,656,368.20, compared to ¥3,786,316,855.99, which is an increase of approximately 5.2%[31] - Total liabilities increased to ¥3,229,461,788.87 from ¥2,910,425,194.82, marking a rise of 10.9%[36] - Non-current assets totaled ¥2,977,935,306.13, up from ¥2,879,657,542.07, indicating an increase of about 3.4%[34] - The company's equity increased to ¥6,107,691,780.41 from ¥5,984,253,521.17, representing a growth of approximately 2.1%[31] Cash Flow - The net cash flow from operating activities was negative at CNY -148,055,387.25, worsening from CNY -131,488,899.60 in the previous year[10] - Cash received from sales of goods and services amounted to ¥2,589,706,974.55, up 70.90% year-on-year, due to increased sales volume[19] - Cash paid for purchasing goods and services was ¥2,265,396,870.29, reflecting an 86.91% increase year-on-year, mainly due to higher procurement volumes[21] - The net cash flow from operating activities for Q1 2021 was -¥148,055,387.25, a decline from -¥131,488,899.60 in Q1 2020[51] - Cash and cash equivalents at the end of Q1 2021 totaled ¥792,802,887.51, down from ¥1,894,805,205.14 at the end of Q1 2020[54] - Total cash outflow for operating activities was $2.18 billion, compared to $1.27 billion in the previous year, an increase of approximately 71.5%[57] Expenses - Research and development expenses rose to ¥143,985,335.02, marking a 62.79% increase year-on-year, driven by higher R&D investments[19] - The company's management expenses increased to ¥93,042,804.41, a rise of 32.00% year-on-year, primarily due to increased salary expenditures[19] - Sales expenses decreased to ¥10,108,399.77 in Q1 2021 from ¥26,049,307.27 in Q1 2020, a reduction of 61.1%[44] - Cash paid to employees increased to $211.92 million from $178.54 million, reflecting a rise of approximately 18.7%[57] Shareholder Information - The number of shareholders at the end of the reporting period was 37,432, with the largest shareholder holding 37.97%[13] Government Subsidies - The company received government subsidies amounting to CNY 10,541,415.90, which are closely related to its normal business operations[12] - The company received government subsidies related to income amounting to ¥6,901,980.43, a 52.39% increase year-on-year[19] Future Outlook - The company expects to maintain growth momentum in the upcoming quarters, supported by ongoing market expansion and new product developments[22]