xinje(SH:603416)2021-04-21 16:00Financial Performance - Operating revenue for the reporting period reached CNY 308,268,154.29, representing an increase of 86.93% year-on-year [5]. - Net profit attributable to shareholders of the listed company was CNY 76,202,660.73, an increase of 86.74% compared to the same period last year [5]. - Basic earnings per share for the reporting period was CNY 0.63, reflecting an increase of 85.29% year-on-year [5]. - The weighted average return on equity increased by 0.19 percentage points to 4.04% [5]. - The company reported non-recurring gains of CNY 12,430,301.31 for the period [9]. - Net profit for Q1 2021 was ¥88,601,373.89, reflecting an increase of 87.95% from ¥47,141,492.92 in the same period last year, attributed to higher sales revenue [13]. - Total revenue for Q1 2021 reached ¥308,268,154.29, a significant increase of 86.6% compared to ¥164,912,773.06 in Q1 2020 [22]. - Operating profit for Q1 2021 was ¥101,389,489.19, up 86.9% from ¥54,209,589.94 in the same period last year [22]. - Basic earnings per share for Q1 2021 were ¥0.63, compared to ¥0.34 in Q1 2020, reflecting an increase of 85.3% [23]. - In Q1 2021, the company reported a total comprehensive income of ¥88,767,247.66, compared to ¥47,678,116.99 in Q1 2020, representing an increase of approximately 86.1% [25]. - Basic and diluted earnings per share for Q1 2021 were both ¥0.63, up from ¥0.34 in Q1 2020, indicating an increase of 85.3% [25]. Cash Flow - The net cash flow from operating activities was CNY -31,470,665.51, indicating a significant change from the previous year's CNY 25,496,136.18 [5]. - Cash inflow from operating activities in Q1 2021 was ¥241,307,962.33, significantly higher than ¥115,265,638.31 in Q1 2020, marking an increase of 109.5% [27]. - The net cash flow from operating activities for Q1 2021 was -¥31,470,665.51, a decline from a positive net cash flow of ¥25,496,136.18 in Q1 2020 [28]. - Cash inflow from investment activities in Q1 2021 was ¥249,429,816.06, compared to ¥277,151,580.87 in Q1 2020, showing a decrease of 10.0% [28]. - The net cash flow from investment activities improved to ¥118,769,068.14 in Q1 2021, compared to -¥7,129,938.13 in Q1 2020 [28]. - The net increase in cash and cash equivalents for Q1 2021 was ¥87,030,357.22, compared to ¥18,407,685.20 in Q1 2020, reflecting a substantial increase of 372.5% [29]. - The ending balance of cash and cash equivalents as of the end of Q1 2021 was ¥131,691,113.17, up from ¥113,567,094.11 at the end of Q1 2020 [29]. - The company reported a significant increase in cash inflow from sales of goods and services, reaching ¥224,951,329.83 in Q1 2021, compared to ¥111,950,876.89 in Q1 2020, an increase of 100.9% [27]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,193,265,776.67, a decrease of 1.06% compared to the end of the previous year [5]. - The total number of shareholders at the end of the reporting period was 7,015 [10]. - The largest shareholder, Li Xin, held 32,467,960 shares, representing 23.10% of the total shares [10]. - Total current assets as of March 31, 2021, amounted to ¥1,653,064,591.25, a slight decrease from ¥1,658,268,429.35 on December 31, 2020 [15]. - Total liabilities decreased to ¥591,467,360.04 from ¥704,423,932.59, a reduction of 16.0% [17]. - Total liabilities decreased to ¥590,860,214.75 in Q1 2021 from ¥703,587,144.96 in Q1 2020, a reduction of 16.0% [22]. - Shareholders' equity increased to ¥1,601,798,416.63 from ¥1,512,290,971.64, representing a growth of 5.9% [17]. - Total non-current assets decreased to ¥540,201,185.42 from ¥558,446,474.88, a decline of 3.3% [16]. - Long-term equity investments rose to ¥4,339,429.66 from ¥1,089,429.66, an increase of 298.5% [15]. - The company's long-term equity investments increased by 298.32% to ¥4,339,429.66, indicating new investments made during the period [12]. - The total cost of operations for Q1 2021 was ¥233,316,419.57, up 95.1% from ¥119,594,047.91 in Q1 2020 [22]. Research and Development - Research and development expenses increased by 74.60% to ¥24,261,020.94, reflecting the company's commitment to innovation and product development [13]. - Research and development expenses rose to ¥24,261,020.94 in Q1 2021, an increase of 74.5% compared to ¥13,895,312.90 in Q1 2020 [22]. Other Income - The company reported a significant increase in other income, which rose by 727.15% to ¥14,086,501.48, due to tax refunds and government subsidies [13]. - The company reported other income of ¥14,086,501.48 in Q1 2021, significantly higher than ¥1,703,006.80 in Q1 2020 [22].