Perfect(SH:603059)2021-04-29 16:00Financial Performance - Operating revenue surged by 121.36% to CNY 278,849,110.05 year-on-year[5] - Net profit attributable to shareholders rose by 76.60% to CNY 24,742,071.43 compared to the same period last year[5] - Basic earnings per share increased by 78.57% to CNY 0.25[6] - The company reported a net profit excluding non-recurring gains and losses of CNY 23,227,634.53, a 46.13% increase year-on-year[5] - Total operating revenue for Q1 2021 reached ¥278,849,110.05, a significant increase of 121.5% compared to ¥125,972,108.90 in Q1 2020[23] - Net profit for Q1 2021 was ¥24,742,071.43, representing a 76.3% increase from ¥14,009,911.84 in Q1 2020[24] - Operating profit for Q1 2021 was ¥29,207,134.62, an increase of 33.2% compared to ¥21,940,657.93 in Q1 2020[24] - Total comprehensive income for Q1 2021 was ¥25,138,083.52, up 77.5% from ¥14,152,764.82 in Q1 2020[25] - The total profit for Q1 2021 was ¥28,958,556.45, which is an increase of 73.5% from ¥16,675,193.23 in Q1 2020[24] Cash Flow and Liquidity - Net cash flow from operating activities improved significantly to CNY 27,387,207.48 from a negative CNY 752,465.45 in the previous year[5] - The net cash flow from operating activities was ¥27.39 million in Q1 2021, recovering from a negative cash flow of ¥0.75 million in Q1 2020[28] - The total cash inflow from investment activities was ¥51.70 million in Q1 2021, down 81% from ¥273.06 million in Q1 2020[29] - The net cash flow from investment activities was negative at ¥8.19 million in Q1 2021, compared to a positive cash flow of ¥4.27 million in Q1 2020[29] - The cash inflow from financing activities was ¥100.75 million in Q1 2021, a substantial increase from ¥35.08 million in Q1 2020[29] - The net cash flow from financing activities was ¥95.41 million in Q1 2021, compared to ¥29.79 million in Q1 2020[29] - The total cash and cash equivalents at the end of Q1 2021 reached ¥196.76 million, up from ¥102.52 million at the end of Q1 2020[29] Assets and Liabilities - Total assets increased by 13.00% to CNY 1,511,365,611.20 compared to the end of the previous year[5] - The total current assets amounted to CNY 843,365,339.97, up from CNY 711,629,567.32 at the end of the previous year[16] - The company's total liabilities increased significantly, reflecting the growth in operational scale and financing needs[12] - Current liabilities rose to ¥436,898,536.77 from ¥290,382,743.98, marking an increase of about 50.5%[17] - Non-current liabilities totaled ¥22,470,485.03, up from ¥20,305,598.21, indicating an increase of approximately 10.7%[18] - Total liabilities increased to ¥459,369,021.80 from ¥310,688,342.19, representing a growth of about 47.9%[18] Shareholder Information - The total number of shareholders reached 6,607 at the end of the reporting period[10] - The largest shareholder, Zhang Wensheng, holds 63.00% of the shares[10] Expenses - Operating costs surged by 134.46% to CNY 218,663,610.35, reflecting higher sales and previous pandemic-related impacts[12] - Research and development expenses increased by 190.28% to CNY 7,194,735.22, attributed to higher material costs and personnel expenses[12] - The company reported a total operating cost of ¥252,008,771.64 in Q1 2021, which is an increase of 127.5% from ¥110,876,389.12 in Q1 2020[23] Other Income and Losses - The company received government subsidies amounting to CNY 2,493,839.57 related to its normal business operations[7] - Other income for Q1 2021 was ¥2,493,839.57, a substantial increase from ¥56,191.46 in the previous year[23] - The company experienced a foreign exchange loss of ¥2,103,235.94 in Q1 2021, compared to a gain of ¥134,831.31 in Q1 2020[23]