Apex(SH:603383)2021-04-26 16:00Financial Performance - Operating revenue for the period was CNY 71,524,665.31, representing a year-on-year increase of 57.97%[12] - Net profit attributable to shareholders of the listed company was CNY 1,860,665.60, an increase of 32.37% compared to the same period last year[12] - Basic earnings per share were CNY 0.0111, reflecting a growth of 32.14% year-on-year[12] - Total revenue for Q1 2021 was 71,524,665.31, a 58% increase from 45,276,763.31 in Q1 2020[44] - Net profit for Q1 2021 was 1,491,407.19, compared to 954,036.83 in Q1 2020, representing a 56.2% increase[46] - The net profit attributable to shareholders was 1,860,665.60 in Q1 2021, up from 1,405,635.87 in Q1 2020, a growth of 32.4%[46] - Total profit for Q1 2021 was -149,204.41, compared to -390,274.02 in Q1 2020, indicating a significant reduction in losses[44] Cash Flow - The net cash flow from operating activities was CNY -78,807,412.76, compared to CNY -67,506,191.02 in the same period last year[12] - Cash inflow from operating activities was CNY 56,850,289.82, significantly higher than CNY 24,762,238.15 in the same period last year, indicating strong operational performance[51] - Cash outflow from operating activities totaled CNY 135,657,702.58, up from CNY 92,268,429.17 in the first quarter of 2020, leading to a net cash flow from operating activities of -CNY 78,807,412.76[54] - Cash inflow from investment activities was CNY 524,569,205.50, compared to CNY 404,962,469.97 in the previous year, showing an increase in investment recovery[54] - Cash outflow from investment activities reached CNY 533,980,983.84, up from CNY 340,839,471.00 in the first quarter of 2020, resulting in a net cash flow from investment activities of -CNY 9,411,778.34[54] - The ending balance of cash and cash equivalents was CNY 541,878,841.09, down from CNY 694,484,228.15 at the end of the first quarter of 2020[56] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,437,486,653.32, a decrease of 2.92% compared to the end of the previous year[12] - The total assets decreased to ¥1,437,486,653.32 from ¥1,480,679,992.46, reflecting changes in the company's financial position[31] - The total liabilities decreased to ¥249,606,407.62 from ¥296,397,319.69, indicating a reduction in the company's obligations[31] - Total liabilities decreased from ¥296,642,165.07 to ¥249,832,418.74, a reduction of approximately 15.7%[33] - Total current liabilities decreased from ¥372,892,548.78 to ¥348,236,685.52, a decrease of approximately 6.6%[39] - Total current assets amounted to ¥1,332,718,586.92, with inventory valued at ¥88,309,345.92[60] Shareholder Information - The total number of shareholders at the end of the reporting period was 21,134[19] - The largest shareholder, Yan Mengyu, held 21.33% of the shares, totaling 35,887,614 shares[19] Expenses - Operating costs increased by 60.84% to ¥19,527,924.35 from ¥12,141,039.13, driven by rapid business growth[25] - Sales expenses rose by 47.48% to ¥13,982,507.20 from ¥9,480,719.68, reflecting the expansion of the company's business scale[25] - Management expenses increased by 56.32% to ¥19,696,995.07 from ¥12,600,828.05, indicating growth compared to the previous year[25] - R&D expenses increased to 25,208,698.23 in Q1 2021 from 19,780,549.80 in Q1 2020, marking a 27.2% rise[44] Government Support - The company received government subsidies amounting to CNY 705,437.65 during the reporting period[15] Other Financial Metrics - The weighted average return on net assets increased by 0.04 percentage points to 0.16%[12] - The net profit after deducting non-recurring gains and losses was CNY -2,149,249.78, showing an improvement compared to CNY -4,608,099.43 in the previous year[12] - Total comprehensive income for the first quarter of 2021 was CNY 2,278,756.01, compared to CNY 3,415,350.13 in the first quarter of 2020, reflecting a decrease[51]