ZMJ(SH:601717)2021-04-26 16:00Financial Performance - Operating revenue rose by 29.21% to CNY 7.68 billion year-on-year[4] - Net profit attributable to shareholders increased by 38.42% to CNY 556.31 million compared to the same period last year[4] - Basic earnings per share increased by 38.36% to CNY 0.321 per share[4] - The net profit for the first quarter was RMB 60,464.94 million, representing a 43.14% increase from the previous year[14] - Total operating revenue for Q1 2021 reached ¥7,680,408,923.24, a 29.2% increase from ¥5,942,574,553.80 in Q1 2020[25] - Net profit for Q1 2021 was ¥604,649,352.84, up 43.1% from ¥422,432,315.73 in Q1 2020[26] - The company reported a total comprehensive income of ¥620,617,750.34 for Q1 2021, up from ¥308,335,780.90 in Q1 2020[26] Asset and Liability Changes - Total assets increased by 5.58% to CNY 35.60 billion compared to the end of the previous year[4] - The company has seen a significant increase in its net assets attributable to shareholders, which rose by 3.64% to CNY 13.54 billion[4] - The company's total assets amounted to approximately CNY 35.60 billion, an increase from CNY 33.71 billion at the end of 2020, reflecting a growth of about 5.57%[18] - Total liabilities increased to ¥21,038,437,106.02 from ¥19,680,584,693.29, representing a growth of approximately 6.9% year-over-year[19] - Total current liabilities decreased to CNY 13.22 billion from CNY 13.64 billion, a reduction of about 3.09%[18] Cash Flow and Investments - Net cash flow from operating activities reached CNY 212.29 million, a significant improvement from a negative cash flow of CNY 19.57 million in the previous year[4] - Cash flow from operating activities generated ¥212,287,831.42, a significant improvement compared to a negative cash flow of ¥19,571,088.73 in the same quarter last year[29] - Total cash inflow from investment activities was ¥1,489,430,972.63, up from ¥831,062,002.73 in Q1 2020, marking an increase of about 79%[30] - Cash outflow for investment activities rose to ¥2,628,082,115.13 from ¥1,628,800,017.77, resulting in a net cash flow from investment activities of -¥1,138,651,142.50[30] Shareholder Information - The total number of shareholders at the end of the reporting period was 44,996, with the top ten shareholders holding a combined 19.99% of the shares[8] - The company transferred 277,195,419 A-shares, representing 16.00% of total shares, from its former controlling shareholder to Hongyi Investment, resulting in Hongyi Investment and its affiliate holding a combined 19.99% of shares, making them the new controlling shareholders[15] Expenses and Costs - Management expenses rose to RMB 31,761.42 million, a 34.42% increase year-over-year, primarily due to higher incentive bonuses[14] - Financial expenses increased by 45.40% to RMB 6,461.49 million, mainly due to higher bank loan interest payments[14] - Research and development expenses increased to ¥325,329,944.16, representing a 22.9% rise compared to ¥264,458,806.15 in Q1 2020[25] - Total operating costs for Q1 2021 were ¥6,896,761,566.84, up 30.8% from ¥5,271,587,523.79 in Q1 2020[25] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[4] - The company expects continued growth in both segments, driven by market recovery and increased demand for products[12] - The company plans to implement a restricted stock incentive plan, granting 42.3 million shares to 186 individuals, including directors and core personnel, to enhance governance and management responsibility[15]