YANGYUAN(SH:603156)2021-04-25 16:00Financial Performance - Total revenue for Q1 2021 reached CNY 2,236,611,030.40, representing a 75.04% increase compared to CNY 1,277,740,050.58 in the same period last year[4] - Net profit attributable to shareholders was CNY 738,551,291.38, a 40.42% increase from CNY 525,961,963.15 year-over-year[4] - Basic earnings per share rose to CNY 0.5836, reflecting a 40.42% increase from CNY 0.4156 in the same period last year[4] - Operating revenue for Q1 2021 reached ¥2,236,611,030.40, a growth of 75.04% from ¥1,277,740,050.58 in Q1 2020[10] - Operating profit for Q1 2021 was ¥944,283,181.79, up 43.5% from ¥657,664,680.98 in the same period last year[24] - Net profit attributable to shareholders for Q1 2021 was ¥738,551,291.38, representing a 40.4% increase from ¥525,961,963.15 in Q1 2020[24] - The total profit for Q1 2021 was RMB 447,312,952.76, compared to RMB 310,595,360.23 in Q1 2020, marking a 43.9% increase[28] Cash Flow - The net cash flow from operating activities improved to CNY -612,409,274.38, a 13.92% increase compared to CNY -711,422,409.29 in the previous year[4] - The cash flow from operating activities for Q1 2021 was negative at RMB -612,409,274.38, an improvement from RMB -711,422,409.29 in Q1 2020[29] - The cash flow from investment activities generated a net inflow of RMB 1,540,450,455.74 in Q1 2021, compared to RMB 522,572,639.91 in Q1 2020[30] - The net cash flow from investment activities was $1.54 billion, significantly higher than $523.8 million in the previous period, reflecting a 194.5% increase[31] Assets and Liabilities - The total assets decreased by 6.66% to CNY 14,067,213,621.17 from CNY 15,070,726,493.73 at the end of the previous year[4] - Total assets decreased from CNY 15,070,726,493.73 to CNY 14,067,213,621.17, a decline of approximately 6.67%[18] - Total liabilities decreased significantly, with contract liabilities down by 79.77% to ¥348,694,093.22 from ¥1,723,424,399.05[9] - Total liabilities decreased to ¥2,654,264,775.50 in Q1 2021 from ¥3,841,990,971.64 in Q1 2020, a reduction of 30.7%[22] Shareholder Information - The total number of shareholders at the end of the reporting period was 21,337[7] - The largest shareholder, Yao Kuizhang, holds 21.15% of the shares, totaling 267,648,195 shares[7] Research and Development - Research and development expenses grew by 64.38% to ¥7,068,294.01 from ¥4,299,841.44 year-over-year[10] - Research and development expenses for Q1 2021 were ¥7,068,294.01, an increase of 64.4% compared to ¥4,299,841.44 in Q1 2020[24] Other Financial Metrics - The company's cash and cash equivalents increased by 625.26% to ¥1,077,526,188.87 compared to ¥148,571,285.07 at the end of 2020[9] - The company's accounts receivable rose by 128.67% to ¥71,332,184.54 from ¥31,194,159.16 year-over-year[9] - The company's other income decreased by 48.81% to ¥38,703,330.88 from ¥75,609,239.80 year-over-year[10] - The income tax expense increased by 61.02% to ¥206,923,646.41 from ¥128,507,895.16 in the previous year[10] - The company's retained earnings increased from CNY 7,203,615,073.91 to CNY 7,942,166,365.29, an increase of about 10.2%[18]