DZH(SH:601519)2021-04-29 16:00Financial Performance - Operating revenue for the period was ¥161,991,259.77, representing a significant increase of 54.75% year-on-year[12]. - Net profit attributable to shareholders was -¥2,911,872.41, an improvement from -¥38,752,484.05 in the same period last year[12]. - The net profit for Q1 2021 was 454,710.62, a significant recovery from a loss of 35,703,874.88 in Q1 2020[44]. - The company reported a net profit of -2,911,872.41 RMB, a significant decrease compared to -38,752,484.05 RMB in the previous period, indicating a recovery trend[46]. - Total revenue for the first quarter of 2021 was 5,243,218.73 RMB, up from 3,015,151.91 RMB in the same quarter of 2020, representing a year-over-year increase of approximately 74.0%[50]. Cash Flow - Net cash flow from operating activities was -¥63,962,203.54, showing a reduction in cash outflow compared to -¥171,530,267.26 in the previous year[12]. - The net cash flow from operating activities was -32,231,297.70 RMB, an improvement from -128,536,844.68 RMB in the same quarter last year[62]. - Total cash inflow from operating activities was 53,862,595.14 RMB, down 28.8% from 75,506,848.57 RMB year-over-year[62]. - The total cash outflow from operating activities was 86,093,892.84 RMB, a decrease of 57.8% compared to 204,043,693.25 RMB in the previous year[62]. - The cash inflow from operating activities totaled 164,792,533.68 RMB, down from 239,833,476.27 RMB in the same quarter of 2020[55]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,005,763,352.20, an increase of 1.53% compared to the end of the previous year[12]. - The total assets as of March 31, 2021, were 1,490,146,040.09, slightly down from 1,500,190,270.25 at the end of 2020[38]. - Total liabilities increased to 528,448,572.68 in Q1 2021 from 520,328,068.36 in Q1 2020, reflecting a rise of approximately 1.6%[38]. - The company's lease liabilities increased to ¥76,386,149.50, reflecting the first-time implementation of new leasing standards[20]. - Total liabilities amounted to approximately $520.33 million, with a slight increase to $521.40 million in the latest report[79]. Shareholder Information - The total number of shareholders at the end of the reporting period was 165,834[16]. - The largest shareholder, Zhang Changhong, held 35.46% of the shares, amounting to 704,792,657 shares[17]. - The total equity attributable to shareholders was 961,697,467.41, down from 979,862,201.89 at the end of 2020[40]. Research and Development - Research and development expenses increased by 29.10% to ¥32,488,065.48 from ¥25,164,660.95 in the previous period[20]. - Research and development expenses for Q1 2021 were 32,488,065.48, up from 25,164,660.95 in Q1 2020, marking an increase of approximately 29.1%[44]. - The company incurred research and development expenses of 1,509,947.13 RMB, which is a 69.9% increase compared to 888,286.23 RMB in the previous year[50]. Government Subsidies and Other Income - The company received government subsidies amounting to ¥1,694,255.64 during the reporting period[15]. - Other income rose by 81.51% to ¥2,217,034.86, up from ¥1,221,430.44 in the previous period, mainly due to increased government subsidies[20]. - The company reported a total of ¥2,614,140.17 in non-operating income and expenses[15]. Comprehensive Income - The total comprehensive income for the period was -3,481,676.17 RMB, compared to -34,869,966.51 RMB in the previous period, indicating a significant reduction in losses[46]. - The company reported a financial expense of -5,957,771.15 RMB, which is an increase from -4,951,698.07 RMB in the previous year[50].