HSPC(SH:603353)2021-04-26 16:00Financial Performance - Operating revenue for the period was ¥580,547,868.02, representing a significant increase of 97.58% year-on-year[6]. - Net profit attributable to shareholders of the listed company was ¥33,065,830.97, up 76.21% from the same period last year[6]. - Basic and diluted earnings per share were both ¥0.25, reflecting an increase of 31.58% year-on-year[6]. - The company reported a net cash outflow from operating activities of ¥134,002,151.28, a decrease of 313.77% compared to the previous period[14]. - The company experienced a significant increase in investment income, rising by 959.20% to ¥1,328,501.29 from ¥125,424.65, due to increased returns from wealth management products[14]. - The company’s total comprehensive income for the period was 10,693,085.77 RMB, compared to 16,086,496.03 RMB in the previous year[34]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,971,044,020.93, a slight increase of 0.02% compared to the end of the previous year[6]. - The company’s total liabilities decreased by 30.65% to ¥159,194,223.87 from ¥229,537,569.93, primarily due to a reduction in advance payments[13]. - Current assets totaled ¥1,049,230,974.16, down from ¥1,162,675,427.67 at the end of 2020, representing a decrease of approximately 9.7%[16]. - Total liabilities decreased to ¥292,827,174.52 from ¥325,452,056.50, a reduction of approximately 10.0%[18]. - The company reported a decrease in current liabilities to ¥219,488,692.70 from ¥325,190,320.20, a decline of about 32.5%[18]. Shareholder Information - The total number of shareholders at the end of the reporting period was 10,205[11]. - The largest shareholder, Hunan Heshun Investment Development Co., Ltd., held 41.74% of the shares[11]. - The company's equity attributable to shareholders rose to ¥1,673,218,727.41 from ¥1,640,152,896.44, an increase of approximately 2.0%[18]. Cash Flow - The company's cash and cash equivalents decreased by 48.92% to ¥409,012,924.46 from ¥800,692,649.90 due to the purchase of wealth management products[13]. - The total cash inflow from operating activities was 582,729,885.45 RMB, compared to 350,873,701.39 RMB in the same period last year, indicating a 66% increase[30]. - The cash outflow for purchasing goods and services was 616,499,713.12 RMB, significantly higher than 233,888,488.66 RMB in Q1 2020, reflecting a 164% increase[30]. - The ending cash and cash equivalents balance was 390,776,577.47 RMB, down from 979,181,312.58 RMB in Q1 2020, representing a 60% decrease[31]. Operational Insights - Operating costs rose by 110.50% to ¥488,269,149.68 from ¥231,952,887.33, reflecting the increase in sales volume[14]. - Accounts receivable increased by 80.23% to ¥10,177,679.27 from ¥5,646,935.86, due to an increase in T+1 settlement business[13]. - Inventory increased by 46.90% to ¥73,402,493.58 from ¥49,966,380.02, in preparation for a large promotional event in April[13]. - The company has not disclosed any new product developments or market expansion strategies in this report[4]. Future Outlook - The company plans to enhance its market expansion strategies and invest in new technologies to drive future growth[34]. - Research and development expenses were not specified, indicating potential focus on cost management in this area[25].