Hylink(SH:603825)2021-04-28 16:00Financial Performance - Operating revenue for the period was CNY 2,398,746,143.46, representing an increase of 11.58% year-on-year[7]. - Net profit attributable to shareholders was CNY 17,512,726.89, up 26.58% from the previous year[7]. - Basic earnings per share increased to CNY 0.08, reflecting a growth of 33.33% compared to the same period last year[7]. - The company reported a total comprehensive income of RMB 20,955,340.36 for Q1 2021, compared to a loss of RMB 1,361,876.56 in Q1 2020[28]. - Net profit attributable to shareholders for Q1 2021 was RMB 15,023,465.95, compared to RMB 12,771,223.43 in Q1 2020, marking an increase of 17.6%[28]. - Operating profit for Q1 2021 was RMB 20,525,027.12, up from RMB 15,072,625.75 in Q1 2020, reflecting a growth of 36.4%[27]. - Net profit for Q1 2021 was ¥24,877,111.40, representing a 4.3% increase from ¥23,860,031.91 in Q1 2020[32]. Cash Flow - Cash flow from operating activities was CNY 373,754,879.96, a significant recovery from a loss of CNY 306,272,909.22 in the same period last year[7]. - The company reported a significant increase in cash flow from operating activities, reaching ¥373,754,879.96 compared to a negative cash flow of ¥306,272,909.22 in Q1 2020[33]. - The total cash inflow from operating activities was ¥3,109,101,468.92 in Q1 2021, compared to ¥2,141,138,803.98 in Q1 2020, marking a growth of approximately 45%[36]. - The net cash flow from operating activities was ¥314,867,713.18, a significant improvement compared to a net outflow of ¥344,383,755.85 in Q1 2020[36]. - Cash and cash equivalents increased by 54.69% to ¥626,243,572.82 from ¥404,827,235.97 due to accelerated customer payments as the pandemic eased[15]. - Total cash and cash equivalents at the end of Q1 2021 reached ¥564,248,423.56, up from ¥229,304,450.03 at the end of Q1 2020, indicating a substantial increase[36]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,728,437,568.56, a decrease of 2.54% compared to the end of the previous year[7]. - Total liabilities decreased to ¥4,925,448,787.86 from ¥5,126,442,342.74, indicating a reduction in financial obligations[20]. - Total assets decreased to ¥6,728,437,568.56 from ¥6,903,749,563.66, reflecting a reduction in overall asset base[19]. - Total liabilities decreased to RMB 4,318,571,928.84 from RMB 4,583,968,651.04 at the end of 2020, indicating a reduction of 5.8%[23]. Shareholder Information - The total number of shareholders at the end of the reporting period was 26,378[12]. - The top shareholder, Su Tong, held 29.04% of the shares, with 66,389,131 shares pledged[12]. Research and Development - Research and development expenses for Q1 2021 were RMB 46,999,591.16, slightly up from RMB 45,796,934.30 in Q1 2020[27]. - Research and development expenses for Q1 2021 were ¥44,537,965.66, slightly down from ¥45,796,934.30 in Q1 2020[31]. Investment Activities - Investment cash flow was negative at ¥19,502,384.79, compared to a more negative cash flow of ¥6,522,835.71 last year, mainly due to increased external investments[16]. - The cash flow from investment activities showed a net outflow of -¥44,474,330.82 in Q1 2021, compared to -¥1,634,692.00 in Q1 2020, indicating increased investment expenditures[36]. Financial Obligations - Interest payable dropped significantly by 93.21% to ¥107,251.20 from ¥1,579,052.88, resulting from interest payments on bank loans[15]. - Financing cash flow decreased by 157.69% to -¥128,503,318.90 from ¥222,747,300.90, primarily due to increased loan repayments[16]. - The net cash flow from financing activities was negative at -¥117,000,014.29 in Q1 2021, a decline from a positive net cash flow of ¥258,503,147.41 in Q1 2020[37]. - The company incurred financial expenses of ¥11,588,205.36 in Q1 2021, compared to ¥10,806,066.04 in Q1 2020[31].