XIAC(SH:600897)2021-04-29 16:00Financial Performance - Operating revenue for the period was ¥321,321,045.88, representing a growth of 36.25% year-on-year[7]. - Net profit attributable to shareholders was ¥47,251,579.00, a significant increase of 1,454.65% compared to the same period last year[7]. - Basic and diluted earnings per share were both ¥0.1587, up 1,455.88% from ¥0.0102 in the previous year[7]. - The company reported a significant increase in investment income, which rose by 162.53% to RMB 9,644,377.03 from RMB 3,673,654.76 year-on-year[16]. - Net profit for Q1 2021 reached CNY 53,918,589.12, a significant increase from CNY 3,731,489.02 in Q1 2020, marking a growth of 1,445.5%[31]. - Operating profit for Q1 2021 was CNY 67,241,575.01, compared to CNY 7,625,390.39 in Q1 2020, representing an increase of 780.5%[30]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,758,882,651.05, an increase of 0.51% compared to the end of the previous year[7]. - Total liabilities decreased to ¥716,596,007.88 from ¥746,556,713.14, a reduction of approximately 4.01%[26]. - Current assets totaled ¥1,554,858,528.58, up from ¥1,534,109,309.84, indicating an increase of about 1.63%[24]. - Total liabilities as of Q1 2021 amounted to CNY 1,278,912,681.55, compared to CNY 964,683,153.68 in the previous year, indicating a rise of 32.6%[30]. - The total amount of other receivables increased by 65.90% to RMB 16,927,415.08 from RMB 10,203,691.07 at the beginning of the year[14]. - Total current liabilities were CNY 734,645,534.21 as of March 31, 2021, indicating a stable short-term financial position[44]. Cash Flow - Cash flow from operating activities was ¥29,679,142.52, a decrease of 55.40% compared to the previous year[7]. - The cash flow from operating activities related to other receipts increased by 171.00% to RMB 6,619,460.23 from RMB 2,442,645.88 year-on-year[18]. - In Q1 2021, the company reported a net cash flow from operating activities of CNY 29,679,142.52, a decrease of 55.4% compared to CNY 66,539,767.66 in Q1 2020[37]. - The total cash inflow from operating activities was CNY 373,287,332.71, up 5.3% from CNY 354,785,297.30 in the same period last year[36]. - The company recorded cash inflow from investment activities of CNY 803,919,470.74, significantly higher than CNY 324,445,400.00 in Q1 2020[37]. Shareholder Information - The total number of shareholders at the end of the reporting period was 17,331[12]. - The largest shareholder, Xiamen Xiangye Group Co., Ltd., held 202,500,000 shares, accounting for 68% of the total shares[12]. Market and Strategic Outlook - The company has not disclosed any new product developments or market expansion strategies in this report[4]. - The company anticipates uncertainty in net profit for the year due to the ongoing impact of the COVID-19 pandemic[20]. Changes in Equity - Total equity increased to ¥4,042,286,643.17 from ¥3,988,368,054.05, reflecting a growth of about 1.36%[26]. - The equity attributable to shareholders was CNY 3,749,553,259.50 as of March 31, 2021, showing stability in shareholder value[44]. Other Financial Metrics - The company experienced a 41.79% increase in taxes and surcharges, amounting to RMB 10,348,382.24 compared to RMB 7,298,614.08 in the previous year[16]. - The company reported a decrease in fair value changes, with losses of RMB 2,403,833.22 compared to gains of RMB 4,452,608.78 in the same period last year, a decline of 153.99%[16]. - The company reported a financial expense of CNY 296,032.29 in Q1 2021, compared to a financial income of CNY 358,027.19 in Q1 2020[30].