yyfp(SH:600963)2021-04-14 16:00Financial Performance - Total revenue for Q1 2021 reached CNY 1,963,189,714.57, an increase of 55.79% compared to the same period last year[16] - Net profit attributable to shareholders was CNY 167,039,436.45, representing a 91.35% increase year-on-year[16] - Basic earnings per share rose to CNY 0.093, a 45.31% increase compared to the same period last year[16] - The company's operating revenue for the current period reached RMB 1,963,189,714.57, a 55.79% increase compared to RMB 1,260,157,128.39 in the same period last year[28] - The net profit attributable to shareholders for the current period was RMB 167,039,400, representing a significant increase from RMB 87,296,400 in the previous year[33] - Net profit for Q1 2021 was ¥167,473,820.21, compared to ¥87,296,440.66 in Q1 2020, representing a 91.8% increase[52] - Earnings per share for Q1 2021 were ¥0.093, up from ¥0.064 in Q1 2020, indicating a 45.3% increase[52] Cash Flow and Financial Position - The net cash flow from operating activities decreased significantly by 88.85% to CNY 29,351,774.73 compared to the previous year[16] - Cash flow from operating activities for Q1 2021 was CNY 29,351,774.73, a significant decrease from CNY 263,203,643.14 in Q1 2020[60] - The company experienced a net cash outflow from financing activities of CNY -181,640,499.13 in Q1 2021, compared to CNY -402,460,644.43 in Q1 2020[60] - Cash inflow from financing activities totaled CNY 1,747,618,230.70, down 30.2% from CNY 2,502,052,185.73 in the previous period[63] - The ending balance of cash and cash equivalents was CNY 227,817,137.06, down from CNY 389,918,771.74 in the previous period[63] Assets and Liabilities - The total assets at the end of the reporting period were CNY 16,053,684,897.97, reflecting a 1.41% increase from the end of the previous year[16] - The company's accounts receivable financing increased by 30.88% to RMB 405,617,347.09 from RMB 309,904,208.88 at the end of the previous year[26] - Total liabilities amounted to ¥7,306,209,226.05, compared to ¥7,249,906,931.34 in the previous period, indicating a slight increase[40] - The company's equity attributable to shareholders increased to ¥8,724,986,915.46, up from ¥8,557,947,479.01[40] - Total assets amounted to CNY 15,829,908,783.05, a slight increase from CNY 15,838,071,251.51[69] Research and Development - The company's research and development expenses increased by 65.77% compared to the previous year, reflecting a significant investment in innovation[28] - Research and development expenses for Q1 2021 totaled ¥62,843,912.65, compared to ¥37,909,885.68 in Q1 2020, marking a 65.8% increase[49] - Research and development expenses increased to CNY 47,038,245.89, a 50.2% rise compared to CNY 31,322,005.64 in the same period last year[56] Shareholder Information - The total number of shareholders at the end of the reporting period was 89,307[22] - The company has initiated a restricted stock incentive plan, pending approval at the upcoming shareholders' meeting[32] Market and Sales Performance - The company reported a significant increase in paper product sales volume and prices due to rising market demand[19] - Cash received from sales of goods and services was RMB 1,444,698,980.44, a 37.90% increase from RMB 1,047,679,039.23 in the same period last year[28] - Sales revenue from goods and services received in Q1 2021 was CNY 1,444,698,980.44, an increase from CNY 1,047,679,039.23 in Q1 2020[59]