Shandong Daye (SH:603278)2021-04-19 16:00Financial Performance - Operating revenue surged by 120.01% to CNY 1,148,902,394.93 year-on-year[5] - Net profit attributable to shareholders reached CNY 52,595,816.52, a significant recovery from a loss of CNY 7,231,665.94 in the same period last year[5] - Basic earnings per share were CNY 0.18, compared to a loss of CNY 0.03 per share in the previous year[7] - Operating profit for Q1 2021 was ¥55,225,556.36, compared to an operating loss of ¥8,400,158.15 in the same period last year[31] - The total profit for Q1 2021 was ¥55,202,044.02, compared to a total loss of ¥9,902,111.33 in Q1 2020[31] Cash Flow - The net cash flow from operating activities was negative at CNY -101,659,854.95, contrasting with a positive cash flow of CNY 71,546,559.28 in the same period last year[5] - The company reported a net cash outflow from operating activities of ¥101,659,854.95, a decrease of ¥173,206,414.23 compared to the previous period, mainly due to increased cash outflows for purchasing goods[17] - The total cash inflow from investment activities was ¥120.75 million in Q1 2021, down from ¥373.33 million in Q1 2020, marking a decline of approximately 67.7%[36] - The net cash flow from financing activities was positive at ¥360.19 million in Q1 2021, compared to a negative cash flow of -¥1.74 million in Q1 2020[39] Assets and Liabilities - Total assets increased by 6.51% to CNY 5,642,473,695.39 compared to the end of the previous year[5] - Current liabilities rose to ¥3,057,389,710.48, compared to ¥2,766,675,305.39, reflecting an increase of about 10.5%[23] - The total liabilities increased to ¥3,828,824,867.90 from ¥3,536,368,744.42, reflecting a growth of approximately 8.3%[24] - Shareholders' equity reached ¥1,813,648,827.49, an increase from ¥1,761,045,264.21, marking a growth of approximately 3.9%[24] Investments and Expenses - Research and development expenses increased by 61.53% to ¥12,671,285.69 from ¥7,844,708.12, indicating a rise in investment in R&D projects[16] - Total operating costs for Q1 2021 were ¥1,083,172,377.69, up from ¥531,478,939.28 in Q1 2020, reflecting a 104% increase[30] - The company experienced a credit impairment loss of ¥12,566,364.82 in Q1 2021, indicating challenges in asset quality[30] Shareholder Information - The total number of shareholders at the end of the reporting period was 14,687[11] - The top shareholder, Dou Yong, holds 38.42% of the shares, with 111,384,000 shares pledged[11] Government Support - The company received government subsidies amounting to CNY 2,284,902.94 related to its normal business operations[8] - Other income rose by 97.28% to ¥2,284,806.65 from ¥1,158,136.27, primarily due to increased government subsidies[16]