aiyingshi(SH:603214)2021-04-22 16:00Financial Performance - Operating income for the period was CNY 543,078,327.77, representing a 4.64% increase year-on-year [8]. - Net profit attributable to shareholders rose by 25.89% to CNY 11,115,762.60 compared to the same period last year [8]. - Basic earnings per share increased by 33.33% to CNY 0.08 per share [8]. - Total operating revenue for Q1 2021 was CNY 543,078,327.77, an increase of 4.2% compared to CNY 518,980,489.90 in Q1 2020 [31]. - Net profit for Q1 2021 reached CNY 10,752,143.19, compared to CNY 7,936,362.30 in Q1 2020, representing a growth of 35.5% [32]. - The company reported a total comprehensive income of ¥925,570.05 for Q1 2021, down from ¥5,627,651.29 in Q1 2020 [36]. Cash Flow - The net cash flow from operating activities improved significantly to CNY 19,695,884.19, a 850.60% increase year-on-year [8]. - Net cash flow from operating activities improved to CNY 19,695,884.19, a turnaround from a negative CNY 2,624,032.64, representing an increase of 850.60% [17]. - Cash flow from operating activities for Q1 2021 was ¥19,695,884.19, compared to a negative cash flow of ¥2,624,032.64 in Q1 2020 [38]. - The net cash flow from operating activities for Q1 2021 was -3,119,684.03 RMB, compared to -19,725,177.49 RMB in Q1 2020, showing an improvement of approximately 84.2% [39]. - Cash flow from investing activities for Q1 2021 was negative at -¥605,325,399.81, worsening from -¥459,102,418.39 in Q1 2020 [38]. Assets and Liabilities - Total assets increased by 30.87% to CNY 2,238,933,456.38 compared to the end of the previous year [8]. - The total liabilities increased to CNY 1,203,490,793.55 from CNY 660,260,136.54, reflecting higher financial obligations [24]. - The company's cash and cash equivalents decreased to CNY 128,015,185.28 from CNY 639,095,428.46 [22]. - Total current assets increased to CNY 621,341,812.63 in Q1 2021, up from CNY 551,378,038.93 at the end of 2020, marking a growth of 12.7% [27]. - Total liabilities as of March 31, 2021, were CNY 258,872,331.40, compared to CNY 160,051,902.82 at the end of 2020, indicating a significant increase of 61.6% [28]. Investments and Equity - The company plans to invest CNY 20 million in Shanghai Xilin Cultural Communication Co., Ltd., acquiring a 57.14% stake [17]. - The company's long-term equity investments increased to CNY 258,976,921.05 as of March 31, 2021, compared to CNY 242,687,198.97 at the end of 2020, showing a growth of 6.7% [27]. - Total equity increased from CNY 1,024,968,687.55 to CNY 1,050,537,372.33, an increase of CNY 25,568,684.78 [43]. - The company’s total equity attributable to shareholders increased from CNY 994,204,961.71 to CNY 1,019,773,646.49, an increase of CNY 25,568,684.78 [43]. Financial Ratios and Returns - The weighted average return on equity improved to 1.10%, up from 0.87% in the previous year [8]. - Financial expenses increased significantly to CNY 7,656,400.88 from CNY 195,004.73, a change of 3,826.26% [17]. - Investment income rose to CNY 6,307,037.60, up 119.70% from CNY 2,870,697.92 [17]. Other Income and Expenses - The company received government subsidies amounting to CNY 2,700,868.74 related to normal business operations [7]. - Other income decreased to CNY 2,700,868.74, down 72.36% from CNY 9,771,913.94 [17]. - Total operating costs for Q1 2021 were CNY 539,821,880.11, up from CNY 517,476,241.38 in Q1 2020, reflecting a year-over-year increase of 4.3% [31].