ZYNM(SH:603527)2021-04-27 16:00Financial Performance - Operating revenue surged by 101.63% to CNY 1,316,660,619.32 year-on-year[6] - Net profit attributable to shareholders rose by 12.36% to CNY 21,480,360.37 compared to the same period last year[6] - Basic earnings per share decreased by 18.18% to CNY 0.09 from CNY 0.11 in the same period last year[6] - The company reported a net profit margin improvement, with net profit for Q1 2021 expected to reflect the increased revenue and controlled costs[30] - The net profit for Q1 2021 reached ¥21,367,218.49, compared to ¥19,117,470.05 in Q1 2020, indicating an increase of about 11.7%[33] - The company's total profit for Q1 2021 was ¥24,625,353.62, compared to ¥24,198,737.26 in Q1 2020, showing a slight increase of about 1.8%[32] Assets and Liabilities - Total assets increased by 12.07% to CNY 1,582,916,062.27 compared to the end of the previous year[6] - The company's total liabilities as of March 31, 2021, amounted to ¥608,913,142.22, compared to ¥459,612,128.50 at the end of 2020, indicating a 32% increase[25] - The total assets of the company reached ¥1,582,916,062.27, up from ¥1,412,442,283.29 at the end of the previous year[23] - The company's equity attributable to shareholders increased to ¥969,657,043.03 from ¥948,371,135.89, marking a rise of about 2.2%[25] Cash Flow - The net cash flow from operating activities was negative at CNY -72,299,798.33, compared to CNY -48,874,848.26 in the previous year[6] - The company reported a net cash outflow from operating activities of ¥72,299,798.33, compared to a net outflow of ¥48,874,848.26 in the previous year, driven by increased cash payments for raw materials[19] - The cash inflow from operating activities totaled CNY 1.41 billion in Q1 2021, while cash outflow was CNY 1.49 billion, leading to a net cash flow of negative CNY 72.3 million[38] - The total cash inflow from financing activities in Q1 2021 was CNY 195 million, up from CNY 125 million in Q1 2020, reflecting a 56% increase in financing received[39] Operating Costs and Expenses - Operating costs for the same period were ¥1,262,126,477.81, reflecting a year-on-year increase of 106.20% driven by increased production and sales volumes[18] - Research and development expenses rose to ¥13,643,641.27, marking a 110.01% increase compared to the previous year, indicating a significant investment in innovation[18] - The financial expenses for Q1 2021 were ¥3,151,012.76, compared to ¥809,957.24 in Q1 2020, marking an increase of about 288.5%[32] - The company's sales expenses for Q1 2021 were ¥3,178,053.62, up from ¥2,628,235.60 in Q1 2020, marking an increase of about 20.9%[32] Shareholder Information - The total number of shareholders reached 13,236 at the end of the reporting period[12] - The largest shareholder, Feng Quanhua, holds 34.34% of the shares, totaling 83,737,276 shares[12] Market and Growth Strategy - The company plans to expand its market presence and invest in new product development to sustain growth momentum in the upcoming quarters[30]