XCC(SH:603667)2021-04-29 16:00Financial Performance - Operating revenue for the first quarter reached CNY 552,287,588.55, representing a 48.81% increase year-on-year[14] - Net profit attributable to shareholders increased by 210.25% to CNY 33,099,250.89 compared to the same period last year[14] - Basic earnings per share increased by 175.00% to CNY 0.11 compared to the previous year[14] - Total operating revenue for Q1 2021 was approximately ¥552.29 million, a 48.8% increase from ¥371.12 million in Q1 2020[46] - Net profit for Q1 2021 reached approximately ¥34.70 million, compared to ¥9.93 million in Q1 2020, representing a 249.5% increase[50] - The company reported a total profit of approximately ¥40.66 million for Q1 2021, compared to ¥12.61 million in Q1 2020, marking an increase of 222.5%[50] - Comprehensive income for Q1 2021 totaled approximately ¥34.98 million, compared to ¥10.23 million in Q1 2020, reflecting a 242.5% increase[50] Cash Flow - Net cash flow from operating activities rose by 14.80% to CNY 92,295,961.44 year-to-date[14] - Operating cash inflow for Q1 2021 was CNY 546,232,006.93, up 20.9% from CNY 452,118,408.89 in Q1 2020[59] - The net cash flow from operating activities was CNY 92,295,961.44, an increase of 14.4% compared to CNY 80,396,669.44 in Q1 2020[59] - The total cash outflow from investing activities was CNY 146,051,378.74, compared to CNY 92,322,491.99 in Q1 2020[62] - The net cash flow from financing activities was CNY 64,454,656.86, down 80% from CNY 322,751,979.76 in Q1 2020[62] - The company received tax refunds of CNY 15,662,355.56, compared to CNY 11,976,402.36 in Q1 2020[59] - The company reported a decrease in cash received from investment activities, totaling CNY 22,546,579.61, down from CNY 43,235,779.58 in Q1 2020[61] Assets and Liabilities - Total assets increased by 9.36% to CNY 3,713,180,201.74 compared to the end of the previous year[14] - The company's total liabilities increased to RMB 1,914,677,322.85, up from RMB 1,688,160,264.25, indicating a rise in financial obligations[29] - Total liabilities increased to CNY 1,787,954,360.69 from CNY 1,505,235,996.30, representing a growth of approximately 18.73%[34] - Total equity attributable to shareholders rose to CNY 1,831,176,869.18 from CNY 1,797,789,393.28, an increase of about 1.85%[36] - The company's cash and cash equivalents increased to RMB 372,806,108.73 from RMB 317,365,232.32, showing a growth of 17.43%[29] - The company's short-term borrowings increased to RMB 755,946,367.25 from RMB 620,104,825.66, reflecting a rise in financing needs[31] Research and Development - Research and development expenses surged by 75.64% to RMB 16,920,482.54, up from RMB 9,633,694.37 in the previous year[23] - Research and development expenses increased to approximately ¥16.92 million in Q1 2021, up 75.8% from ¥9.63 million in Q1 2020[46] Shareholder Information - The number of shareholders reached 17,081 by the end of the reporting period[16] - The top shareholder, Zhang Feng, holds 23.82% of the shares, with 37,079,900 shares pledged[16] Other Financial Metrics - The weighted average return on equity improved by 1.21 percentage points to 1.82%[14] - The company reported a government subsidy of CNY 6,155,390.60 related to normal business operations[14] - The company has not disclosed any new product developments or market expansion strategies in this report[14]