XGMA(SH:600815)2021-04-26 16:00Financial Performance - Operating revenue for the reporting period reached CNY 466,597,523.26, representing a significant increase of 92.94% year-on-year[6] - Net profit attributable to shareholders was CNY 14,241,198.86, a decrease of 4.82% compared to the same period last year[6] - The company's operating revenue for Q1 2021 was CNY 466,597,523.26, representing a 92.94% increase compared to CNY 241,834,218.39 in the previous year[10] - The net profit for Q1 2021 was CNY 22,258,782.27, compared to CNY 15,455,183.63 in Q1 2020, indicating a growth of 43.9%[20] - The company's operating revenue for Q1 2021 was CNY 214,862,444.80, an increase of 35.56% compared to CNY 158,443,092.31 in Q1 2020[22] - The net profit for Q1 2021 was CNY 3,041,118.87, recovering from a net loss of CNY 2,020,024.78 in Q1 2020[22] - The total comprehensive income for Q1 2021 was CNY 3,041,118.87, compared to a total comprehensive loss of CNY 2,020,024.78 in Q1 2020[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,357,395,477.25, a decrease of 3.35% compared to the end of the previous year[6] - The company's total assets decreased to CNY 3,357,395,477.25 from CNY 3,473,665,980.94, reflecting a reduction in overall asset base[14] - The company's total assets as of March 31, 2021, amounted to CNY 2,723,094,258.13, a decrease from CNY 2,790,121,226.06 at the end of 2020[18] - The total liabilities decreased to CNY 1,580,700,105.84 from CNY 1,716,714,951.94, showing a reduction in financial obligations[14] - The total liabilities decreased to CNY 1,357,252,169.55 from CNY 1,427,320,256.35 at the end of 2020, showing a reduction of 4.8%[18] Cash Flow - Cash flow from operating activities showed an improvement, with a net amount of CNY -68,897,734.94, compared to CNY -136,552,968.55 in the previous year[6] - The net cash flow from operating activities was CNY -68,897,734.94, an improvement from CNY -136,552,968.55 in the same period last year[11] - Cash inflows from operating activities totaled CNY 371,041,358.55, significantly higher than CNY 253,565,758.42 in Q1 2020, indicating improved cash flow management[25] - The company reported a total cash outflow from operating activities of 305,849,675.79 RMB, compared to 160,075,762.93 RMB in the previous year[29] - The net increase in cash and cash equivalents for Q1 2021 was -78,459,722.36 RMB, contrasting with an increase of 16,599,567.67 RMB in Q1 2020[30] Shareholder Information - The total number of shareholders at the end of the reporting period was 32,475[9] - The largest shareholder, Xiamen Haiyi Group Co., Ltd., held 41.42% of the shares, totaling 734,789,208 shares[9] Income and Expenses - The cost of goods sold rose to CNY 412,641,390.37, a 91.38% increase from CNY 215,617,860.55, correlating with the rise in revenue[11] - Total operating costs for Q1 2021 were CNY 454,960,513.08, up from CNY 255,681,733.01 in Q1 2020, reflecting a 77.8% increase[20] - The company's cash and cash equivalents decreased to CNY 160,323,597.99 from CNY 243,966,884.75 at the end of 2020, a decline of 34.2%[16] - The company incurred 146,494,905.68 RMB in cash payments for purchases of goods and services, which is an increase from 102,678,681.05 RMB in the same period last year[29] Government Support and Other Income - The company received government subsidies amounting to CNY 4,151,319.81, which are closely related to its normal business operations[7] - Non-recurring gains and losses for the period totaled CNY 14,080,686.79[7] - Other income for Q1 2021 was CNY 3,293,858.44, down from CNY 4,982,318.32 in Q1 2020, indicating a need for diversification in income sources[22] - The company experienced a significant increase in investment income, reporting CNY 5,874,201.53 compared to a loss of CNY 116.43 in the previous year, highlighting improved investment performance[22] Research and Development - Research and development expenses increased to CNY 5,268,441.66, up from CNY 4,740,047.12 in Q1 2020, reflecting ongoing investment in innovation[22] Future Outlook - The company plans to continue focusing on the development of new products and technologies to enhance market competitiveness[10]