TUDI(SH:600773)2021-04-23 16:00Financial Performance - Operating revenue for the period was CNY 483,716,381.97, representing a year-on-year increase of 37.48%[12] - Net profit attributable to shareholders was CNY 25,688,392.35, up 10.37% from the same period last year[12] - The company reported a net profit excluding non-recurring gains and losses of CNY 26,836,163.95, an increase of 26.57% year-on-year[12] - Basic earnings per share rose to CNY 0.031, reflecting a growth of 10.71% compared to the previous year[12] - The company reported a net profit of ¥1,048,113,348.91, an increase from ¥1,022,424,956.56 in the previous year[29] - The company's net profit for the current period is 23,543,239.75, an increase from 23,189,778.30 in the previous period, representing a growth of approximately 1.52%[41] - The net profit attributable to shareholders of the parent company is 25,688,392.35, up from 23,273,837.50, indicating a growth of about 10.38%[41] - Operating income for the first quarter of 2021 is reported at 24,232,245.94, significantly higher than 6,881,476.81 in the first quarter of 2020, marking an increase of approximately 252.67%[45] - Operating profit for the first quarter of 2021 stands at 23,170,083.22, compared to 8,942,454.67 in the same quarter of 2020, showing an increase of about 159.80%[45] - Net profit for Q1 2021 was ¥46,571,551.40, slightly higher than ¥44,053,119.85 in Q1 2020, showing an increase of about 5.7%[39] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 14,642,093,503.79, an increase of 0.85% compared to the end of the previous year[12] - The total current assets as of March 31, 2021, amounted to ¥12,401,200,765.68, compared to ¥12,263,358,741.49 at the end of 2020[24] - Non-current assets totaled ¥2,240,892,738.11, down from ¥2,255,020,437.83 at the end of 2020[27] - Total liabilities reached ¥11,036,866,070.12, compared to ¥10,936,694,985.40 at the end of 2020[29] - Total assets as of the end of the reporting period amounted to ¥7,808,811,282.15, compared to ¥7,613,630,558.40 at the end of the previous period, marking an increase of approximately 2.6%[35] - Total liabilities increased to ¥4,167,140,957.03 from ¥3,991,654,953.66, representing a rise of about 4.4%[35] - Current assets totaled ¥4,930,718,113.96, up from ¥4,734,816,963.19, indicating an increase of approximately 4.1%[35] - Non-current assets decreased slightly to ¥2,878,093,168.19 from ¥2,878,813,595.21, reflecting a decline of about 0.02%[35] - Long-term borrowings rose significantly to ¥1,240,852,706.91 from ¥895,159,189.07, an increase of approximately 38.5%[35] Cash Flow - The net cash flow from operating activities improved to CNY -344,934,189.42, compared to CNY -462,150,024.29 in the previous year[12] - Cash inflow from operating activities for the first quarter of 2021 is 593,079,756.42, compared to 295,741,600.06 in the first quarter of 2020, indicating an increase of about 100.73%[48] - The net cash flow from financing activities was 483,916,433.82 RMB, a recovery from -277,684,133.98 RMB in the previous period, indicating improved financing conditions[50] - Cash outflows for operating activities totaled 951,677,986.24 RMB, compared to 895,817,611.46 RMB previously, showing an increase in operational expenses[50] - The cash balance at the end of the period was 1,428,489,159.75 RMB, up from 808,439,312.11 RMB in the previous period, indicating a stronger liquidity position[52] Expenses - Sales expenses increased to ¥23,645,017.23, up 36.10% compared to ¥17,373,478.40 in the same period last year, due to lower expenses last year caused by the pandemic[21] - Financial expenses surged to ¥26,214,101.01, a significant increase of 696.84% from ¥3,289,754.31, attributed to interest expenses from completed projects[21] - Other income decreased by 84.88% to ¥27,206.30 from ¥179,961.55, as the previous year benefited from tax reductions due to the pandemic[21] - Non-operating income fell dramatically by 98.93% to ¥27,617.33 from ¥2,582,758.56, as last year included the write-off of long-term payables[21] - The company paid 76,412,744.62 RMB in taxes, an increase from 61,219,936.53 RMB, reflecting higher tax obligations[50] - The cash outflow for employee compensation was 19,617,887.73 RMB, compared to 16,469,453.71 RMB previously, indicating an increase in payroll expenses[50] - The cash outflow for other operating activities was 48,108,805.27 RMB, down from 64,200,195.05 RMB, suggesting a reduction in miscellaneous operational costs[50] - The company reported a decrease in financial expenses, with interest expenses at 33,976,233.01 compared to 35,875,857.72 in the previous period, a reduction of approximately 5.28%[45] Shareholder Information - The total number of shareholders at the end of the reporting period was 46,536[15] - The company has no overdue commitments or significant changes in net profit forecast compared to the previous year[21] Future Outlook - The company plans to continue focusing on market expansion and new product development as part of its growth strategy moving forward[41]