ZOY(SH:603709)2021-04-27 16:00Financial Performance - Operating revenue increased by 8.18% to CNY 257,092,562.71 year-on-year[7] - Net profit attributable to shareholders was CNY 5,826,784.52, a significant recovery from a loss of CNY 1,831,394.47 in the same period last year[7] - The net profit excluding non-recurring gains and losses surged by 295.27% to CNY 5,804,325.92 compared to the previous year[7] - Basic earnings per share increased to CNY 0.07 from a loss of CNY 0.02 in the same period last year[7] - The company's operating revenue for Q1 2021 was CNY 211,540,886.56, an increase of 3.9% compared to CNY 204,254,950.40 in Q1 2020[27] - The net profit for Q1 2021 reached CNY 4,070,093.87, a significant recovery from a net loss of CNY 614,984.91 in Q1 2020[27] - The total profit for Q1 2021 was CNY 4,667,668.43, a turnaround from a loss of CNY 844,188.95 in Q1 2020[27] Cash Flow - Net cash flow from operating activities decreased by 50.39% to CNY -40,168,532.95 compared to the previous year[7] - Cash flow from operating activities was CNY 262,582,846.60 in Q1 2021, up from CNY 229,766,654.64 in Q1 2020, reflecting improved cash generation[29] - The net cash flow from operating activities was -40,168,532.95 RMB, compared to -26,709,031.19 RMB in the previous year, indicating a decline in operational cash flow[30] - Total cash inflow from operating activities was 268,067,117.91 RMB, up from 245,209,914.82 RMB year-over-year, reflecting a growth of approximately 9.5%[32] - Cash outflow from operating activities increased to 300,028,087.59 RMB from 273,354,026.44 RMB, representing a rise of about 9.7%[32] - The net cash flow from investing activities was -69,300,155.56 RMB, a significant decrease from 5,513,282.06 RMB in the previous year[30] - The net cash flow from financing activities was 30,000,000.00 RMB, with no financing activities recorded in the previous year[31] Assets and Liabilities - Total assets decreased by 4.64% to CNY 1,027,965,056.53 compared to the end of the previous year[7] - The company's total assets as of March 31, 2021, amounted to CNY 1,058,496,422.29, down from CNY 1,103,994,174.03 at the end of 2020[23] - Total liabilities decreased to CNY 390,570,281.36 in Q1 2021 from CNY 440,138,126.97 in Q4 2020, a reduction of 11.3%[23] - The company's equity increased to CNY 667,926,140.93 as of March 31, 2021, compared to CNY 663,856,047.06 at the end of 2020[23] - Cash and cash equivalents decreased to CNY 179,348,275.67 from CNY 235,565,951.72 at the end of 2020, a decline of 23.9%[21] - The cash and cash equivalents at the end of the period were 179,745,241.96 RMB, down from 251,021,860.55 RMB, reflecting a decrease of approximately 28.5%[31] Shareholder Information - The total number of shareholders reached 6,214 as of the report date[11] - The largest shareholder, Anji Changjiang Investment Co., Ltd., holds 38.25% of the shares[11] Expenses and Costs - Total operating costs for Q1 2021 were CNY 250,121,737.45, up from CNY 239,586,999.48 in Q1 2020, reflecting a rise of 4.3%[25] - Research and development expenses for Q1 2021 were CNY 5,743,142.56, down from CNY 8,156,790.81 in Q1 2020, indicating a reduction of 29.6%[25] - Financial expenses decreased by 82.28% to -¥523,600.21, mainly due to exchange rate fluctuations affecting foreign exchange gains[15] - Income tax expenses increased by 869.69% to ¥912,874.14, attributed to higher profit levels[16] Other Financial Metrics - The weighted average return on equity improved by 1.21 percentage points to 0.91%[7] - The gross profit margin improved to 13.3% in Q1 2021, compared to 15.3% in Q1 2020, indicating a slight decrease in profitability[27] - The company reported a decrease in financial expenses, with a net financial cost of CNY -944,794.23 in Q1 2021, compared to CNY -3,359,608.41 in Q1 2020[27] - Investment income surged by 364.30% to ¥1,275,231.37, primarily from changes in foreign exchange derivative transactions[15]