ZLC(SH:600818)2021-04-28 16:00Financial Performance - Total revenue for Q1 2021 reached RMB 137,406,559.60, an increase of 36.38% compared to RMB 100,750,402.74 in the same period last year[6] - Net profit attributable to shareholders was RMB 1,260,556.01, a significant decrease of 95.59% from RMB 28,597,418.82 year-on-year[6] - The company's operating revenue increased by 36.38% to CNY 137,406,559.60 compared to CNY 100,750,402.74 in the same period last year, driven by increased sales of two-wheeled vehicles[12] - Operating costs rose by 34.23% to CNY 115,441,732.29, reflecting the increase in operating revenue[12] - The net profit attributable to the parent company decreased by 95.59% to CNY 1,260,556.01 from CNY 28,597,418.82 in the previous year, primarily due to the sale of equity in the previous period[12] - The basic and diluted earnings per share both fell by 95.59% to CNY 0.004 from CNY 0.089 in the same period last year[12] - Net profit for Q1 2021 was a loss of ¥1,378,809.12, compared to a profit of ¥25,625,354.54 in Q1 2020[29] - The total profit for Q1 2021 was a loss of ¥236,295.98, compared to a profit of ¥26,879,850.42 in Q1 2020[28] - The company’s total comprehensive income for Q1 2021 was a loss of ¥1,378,809.12, compared to a profit of ¥25,507,646.00 in Q1 2020[29] Cash Flow - The net cash flow from operating activities was negative at RMB -28,518,103.99, compared to RMB -11,407,249.07 in the same period last year[6] - Cash received from sales of goods and services increased by 35.86% to CNY 136,357,015.88 compared to CNY 100,368,537.97 in the previous year[15] - The net cash flow from operating activities was -CNY 28,518,103.99, worsening from -CNY 11,407,249.07 in the same period last year[37] - The cash outflow for purchasing goods and services was CNY 109,227,854.17, up from CNY 85,054,704.60 in Q1 2020, reflecting increased operational costs[37] - The company reported a cash outflow of CNY 59,954,469.01 related to other operating activities, significantly higher than CNY 18,843,097.52 in Q1 2020[37] - The cash outflow from investing activities totaled CNY 14,836,062.90, compared to CNY 5,657,000.00 in Q1 2020, indicating a significant increase in investment spending[41] - The net cash flow from investing activities was -CNY 14,809,385.11, a decline from a positive cash flow of CNY 3,476,085.87 in Q1 2020[41] - The cash inflow from financing activities was CNY 100,000.00, a decrease from CNY 20,400,000.00 in Q1 2020[41] - The net cash flow from financing activities was -CNY 20,000,000.00, compared to -CNY 17,487,742.74 in the previous year, indicating increased cash outflows[41] Assets and Liabilities - The company's total assets decreased by 2.96% to RMB 926,171,020.99 from RMB 954,386,311.94 at the end of the previous year[6] - Total assets decreased from ¥954,386,311.94 to ¥926,171,020.99, a decline of approximately 2.5%[20] - Current liabilities decreased from ¥242,599,505.46 to ¥199,138,573.07, a reduction of about 17.9%[20] - Non-current liabilities increased from ¥61,657,706.35 to ¥66,032,156.91, an increase of approximately 6.2%[20] - Total liabilities decreased from ¥304,257,211.81 to ¥265,170,729.98, a decrease of about 12.8%[20] - Owner's equity increased from ¥650,129,100.13 to ¥661,000,291.01, an increase of approximately 1.3%[20] - Total current assets decreased from ¥200,256,069.45 to ¥171,354,106.29, a decline of about 14.4%[24] - Total liabilities amounted to $269,913,477.07, a decrease of $13,309,935.64 compared to the previous period[50] Shareholder Information - The number of shareholders at the end of the reporting period was 33,448, with the largest shareholder holding 38.88% of the shares[10] Investment and Subsidies - The company recognized a government subsidy of RMB 53,751.14 related to its normal business operations[6] - The company has approved the transfer of a 42.60% stake in Tianjin Xiquan Technology Partnership for CNY 10,686,700[14] - The company received CNY 12,250,000.00 from investments in Q1 2021, marking a new source of cash inflow[38] Research and Development - Research and development expenses for Q1 2021 were ¥6,986,994.12, slightly up from ¥6,842,739.34 in Q1 2020[28]