UE(603600)2021-04-29 16:00Financial Performance - Operating revenue surged by 148.25% to CNY 1,066,451,457.76 year-on-year[5] - Net profit attributable to shareholders rose by 90.46% to CNY 54,664,352.08 compared to the same period last year[5] - Basic and diluted earnings per share both increased by 80.00% to CNY 0.18[5] - The company's operating revenue for Q1 2021 reached RMB 1,066,451,457.76, representing a 148.25% increase compared to RMB 429,584,549.01 in Q1 2020[13] - The net profit for Q1 2021 was significantly impacted by a 319.34% increase in financial expenses, totaling RMB 3,875,101.91, compared to a negative RMB 1,766,726.73 in Q1 2020[13] - The company's net profit for the first quarter is projected to be significantly impacted, with no specific figures provided for potential losses or changes compared to the previous year[17] - The company's total profit for Q1 2021 was CNY 43.34 million, an increase of 90.1% from CNY 22.44 million in Q1 2020[32] Assets and Liabilities - Total assets increased by 1.93% to CNY 3,255,438,751.94 compared to the end of the previous year[5] - The total assets of the company reached ¥3,255,438,751.94, an increase from ¥3,193,731,658.25, reflecting a growth of 1.94%[21] - The total liabilities amounted to ¥1,798,341,489.66, slightly up from ¥1,793,708,824.78, indicating a marginal increase of 0.15%[21] - Total liabilities for Q1 2021 were CNY 1,820,822,732.06, a marginal increase from CNY 1,813,470,174.52 in Q1 2020, indicating a growth of approximately 0.2%[25] - Total liabilities rose to 1,831,006,558.15 RMB from 1,793,708,824.78 RMB, indicating an increase of 2.07%[42] Cash Flow - Net cash flow from operating activities decreased by 9.50% to CNY 18,157,790.97[5] - Cash flow from operating activities rose by 113.08% to RMB 1,256,807,212.07 in Q1 2021, driven by increased cash receipts from sales[15] - The net cash flow from operating activities was -65,006,971.58 RMB, a decrease compared to 26,632,114.81 RMB in the previous year[38] - Cash inflow from operating activities was CNY 1.36 billion, compared to CNY 632.26 million in Q1 2020, marking a 115.5% increase[34] Shareholder Information - The total number of shareholders reached 15,205 by the end of the reporting period[8] - The largest shareholder, Yongyi Holdings Co., Ltd., holds 25.72% of the shares, amounting to 77,812,500 shares[9] Research and Development - Research and development expenses increased by 58.39% to RMB 24,154,160.16 in Q1 2021, reflecting the company's commitment to enhancing its R&D capabilities[13] - Research and development expenses for Q1 2021 were CNY 24,154,160.16, compared to CNY 15,249,547.42 in Q1 2020, representing an increase of approximately 58.5%[29] Other Financial Metrics - The weighted average return on equity increased by 1.55 percentage points to 3.85%[5] - The company reported a gross profit of CNY 39,848,540.93 for Q1 2021, compared to CNY 23,712,435.28 in Q1 2020, indicating a growth of about 68.1%[30] - The company received tax refunds amounting to CNY 79.43 million in Q1 2021, compared to CNY 33.13 million in Q1 2020[34] - The company reported a 94.81% increase in income tax expenses, amounting to RMB 7,335,607.30, due to higher profitability[14] Future Plans - The company plans to continue expanding its market presence and developing new products and technologies[5]