BOMESC(SH:603727)2021-04-23 16:00Financial Performance - Net profit attributable to shareholders increased by 402.09% to CNY 52,330,022.20 year-on-year[7] - Operating revenue surged by 139.26% to CNY 588,513,434.37 compared to the same period last year[7] - Basic earnings per share rose by 360.00% to CNY 0.23[7] - The weighted average return on equity increased by 1.67 percentage points to 2.12%[7] - The net profit attributable to shareholders was ¥52,330,022.20, a substantial increase of 402.09% from ¥10,422,462.48[14] - The company reported an operating profit of ¥57.36 million for Q1 2021, compared to ¥10.99 million in Q1 2020, marking a growth of 421.5%[26] - The net profit for Q1 2021 reached ¥19,700,823.15, compared to ¥2,667,339.11 in Q1 2020, indicating an increase of about 639%[30] - The total profit for Q1 2021 was ¥21,069,667.99, compared to ¥2,165,973.10 in Q1 2020, marking an increase of approximately 873%[29] Revenue and Costs - Operating costs amounted to ¥493,280,248.07, reflecting a 149.97% increase from ¥197,338,814.47 due to higher revenue[13] - Operating costs for Q1 2021 were ¥542.97 million, up from ¥238.14 million in Q1 2020, reflecting a 128.5% increase[26] - The company's operating revenue for Q1 2021 was ¥305,939,797.29, a significant increase from ¥73,137,458.57 in Q1 2020, representing a growth of approximately 318%[29] Cash Flow - Cash flow from operating activities decreased by 22.14% to CNY 99,593,236.82 year-on-year[7] - The cash inflow from operating activities in Q1 2021 was ¥819,656,840.54, compared to ¥634,226,900.51 in Q1 2020, showing an increase of approximately 29%[32] - The net cash flow from operating activities was -102,078,446.98 RMB, compared to 109,630,402.66 RMB in the same period last year, indicating a significant decline[35] - The company reported a total operating cash inflow of 548,112,444.78 RMB, an increase from 488,249,234.84 RMB year-over-year[35] Assets and Liabilities - Total assets decreased by 5.10% to CNY 4,027,501,893.99 compared to the end of the previous year[7] - Total liabilities were reported at ¥1.53 billion, down from ¥1.80 billion year-over-year, indicating a reduction of 14.9%[24] - Total assets as of March 31, 2021, amounted to ¥3.44 billion, slightly up from ¥3.43 billion at the end of Q1 2020[23][24] - Total liabilities amounted to ¥1,800,816,698.93, with current liabilities at ¥1,709,703,930.25 and non-current liabilities at ¥91,112,768.68[39] Shareholder Information - The number of shareholders reached 17,709 at the end of the reporting period[10] - The top shareholder, Tianjin Bomaike Investment Holding Co., Ltd., holds 37.37% of the shares[10] Research and Development - R&D expenses increased by 109.12% to ¥31,550,013.80 from ¥15,086,755.26, indicating a significant rise in investment in research and development[13] - Research and development expenses for Q1 2021 were ¥31.55 million, which is a 109.0% increase from ¥15.09 million in Q1 2020[26] - Research and development expenses for Q1 2021 amounted to ¥16,195,588.14, up from ¥7,793,151.25 in Q1 2020, reflecting a growth of about 108%[29] Other Financial Activities - Government subsidies recognized during the period amounted to CNY 2,326,498.30, primarily for infrastructure support[11] - Non-recurring gains and losses totaled CNY 4,347,723.63 for the reporting period[11] - The company received tax refunds amounting to ¥20,065,571.91 in Q1 2021, compared to ¥1,787,253.54 in Q1 2020, indicating a significant increase in cash flow from tax refunds[32] - The company incurred cash outflows of 650,190,891.76 RMB for operating activities, compared to 378,618,832.18 RMB in the previous year[35] - The cash flow from financing activities showed a net inflow of 12,123,559.45 RMB, primarily from borrowing activities[36]