Cybrid(SH:603212)2021-04-28 16:00Financial Performance - Operating revenue rose by 27.55% to CNY 603,556,421.47 year-on-year[11] - Net profit attributable to shareholders increased by 17.40% to CNY 50,245,118.50 compared to the same period last year[11] - Basic earnings per share increased by 8.33% to CNY 0.13[11] - The company's operating revenue for Q1 2021 was CNY 603.56 million, an increase of 27.55% compared to CNY 473.19 million in Q1 2020[29] - Net profit for Q1 2021 was ¥50,312,061.27, compared to ¥42,772,835.53 in Q1 2020, representing an increase of 17.9%[54] - The company's net profit attributable to shareholders for the first quarter of 2021 was ¥50,245,118.50, an increase from ¥42,798,391.32 in the same period of 2020, representing a growth of approximately 10.5%[60] - The total comprehensive income for the first quarter of 2021 was ¥52,887,579.03, compared to ¥42,923,206.62 in the same period of 2020, representing an increase of about 23.2%[63] Cash Flow - Net cash flow from operating activities was negative at CNY -244,454,221.09, a significant decrease from CNY 81,358,109.70 in the previous year[11] - The net cash flow from operating activities decreased by CNY 325.81 million, primarily due to increased cash payments for goods and services[33] - Cash flow from operating activities in the first quarter of 2021 was ¥335,270,488.98, down from ¥434,632,601.91 in the first quarter of 2020, indicating a decrease of approximately 22.8%[64] - Operating cash inflow totaled CNY 371,513,487.56, down from CNY 446,203,870.56 year-over-year, representing a decrease of approximately 16.7%[68] - Operating cash outflow increased to CNY 580,007,596.56 from CNY 364,898,688.46, marking an increase of about 58.8%[68] - The company reported a net cash flow from financing activities of CNY 350.06 million, a significant increase compared to a negative cash flow in the previous year[34] - Cash inflow from financing activities reached CNY 358,127,239.72, significantly up from CNY 96,431,078.50, an increase of approximately 271.5%[73] - Net cash flow from financing activities was CNY 227,538,911.80, compared to a negative CNY -21,195,849.40 in the previous year[73] Assets and Liabilities - Total assets increased by 11.45% to CNY 3,651,497,703.78 compared to the end of the previous year[11] - Total liabilities rose to ¥1,743,282,510.09 from ¥1,404,314,138.32, indicating an increase of approximately 24.1%[43] - Current liabilities totaled ¥1,379,714,575.80, an increase from ¥1,140,780,111.30, reflecting a rise of 20.9%[51] - Total assets as of the reporting date were ¥3,450,122,621.43, up from ¥3,224,754,439.42, marking an increase of 7.0%[51] - The company reported accounts receivable of ¥1.03 billion and inventory valued at ¥354.36 million[74] - The company has short-term borrowings of ¥308.35 million and accounts payable of ¥423.20 million[77] Shareholder Information - The total number of shareholders reached 9,783 at the end of the reporting period[18] - The largest shareholder, Suzhou High-tech Zone Panyang Technology Development Co., Ltd., holds 28.99% of shares[18] - Shareholders' equity totaled ¥1,908,215,193.69, up from ¥1,872,024,830.64, reflecting a growth of about 1.9%[45] Research and Development - R&D expenses surged by 108.79% to CNY 20.87 million, up from CNY 10.00 million in Q1 2020, indicating a significant increase in investment in innovation[30] - Research and development expenses increased to ¥20,865,958.27 in the first quarter of 2021, compared to ¥9,997,869.06 in the same period of 2020, marking a significant rise of about 108.5%[60] Future Plans - The company plans to continue expanding its market presence and invest in new product development[11]