Rocoi(SH:603829)2021-04-23 16:00Financial Performance - Operating revenue for the current period reached approximately CNY 231.66 million, representing a significant increase of 156.48% year-on-year[5] - Net profit attributable to shareholders was approximately CNY 12.01 million, an increase of 485.24% compared to the same period last year[5] - Basic earnings per share increased to CNY 0.08, a 700% increase from CNY 0.01 in the same period last year[5] - The weighted average return on equity rose to 1.63%, an increase of 1.33 percentage points year-on-year[5] - Operating revenue rose by 156.48% to ¥231,661,671.52 driven by increased sales[14] - Net profit surged by 470.85% to ¥13,775,212.27 attributed to increased profitability[14] - Total operating revenue for Q1 2021 reached ¥231,661,671.52, a significant increase of 156.5% compared to ¥90,322,396.45 in Q1 2020[26] - Operating profit for Q1 2021 was ¥15,956,902.02, up from ¥3,152,906.82 in Q1 2020, representing a growth of 406.5%[26] - Net profit for Q1 2021 was ¥13,775,212.27, compared to ¥2,413,111.87 in Q1 2020, marking an increase of 471.5%[27] Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 1.35 billion, a decrease of 2.36% compared to the end of the previous year[5] - Total assets decreased from CNY 1,386,822,470.95 to CNY 1,354,054,227.87, a decline of approximately 2.3%[20] - Current liabilities decreased from CNY 554,265,912.77 to CNY 507,616,148.13, a reduction of about 8.4%[20] - Non-current liabilities decreased from CNY 19,875,682.02 to CNY 19,981,991.31, an increase of approximately 0.5%[21] - Total liabilities decreased from CNY 574,141,594.79 to CNY 527,598,139.44, a decline of about 8.1%[21] - Shareholders' equity increased from CNY 812,680,876.16 to CNY 826,456,088.43, an increase of approximately 1.4%[21] - Total liabilities to equity ratio stands at approximately 0.71, indicating a balanced capital structure[41] Cash Flow - The net cash flow from operating activities improved to approximately CNY -17.98 million, compared to CNY -62.93 million in the previous year[5] - The net cash flow from operating activities for Q1 2021 was -1,094,480.59 RMB, an improvement from -59,253,858.24 RMB in Q1 2020[37] - Total cash inflow from operating activities was 123,335,578.27 RMB, compared to 78,662,522.60 RMB in the same period last year, representing a 57% increase[37] - Cash outflow for purchasing goods and services was 90,347,659.95 RMB, down from 114,297,833.63 RMB in Q1 2020, indicating a 21% reduction[37] - The net cash flow from investing activities was -79,227,663.58 RMB, worsening from -42,302,985.12 RMB in Q1 2020[38] - Cash inflow from financing activities totaled 92,124,600.00 RMB, an increase from 85,101,340.00 RMB in Q1 2020[38] Shareholder Information - The total number of shareholders at the end of the reporting period was 9,328[11] - The top three shareholders held a combined 54.76% of the shares, with 常州市洛辉投资有限公司 holding 22.44%[11] Research and Development - Research and development expenses grew by 73.51% to ¥9,080,075.04 reflecting increased investment in R&D projects[14] - Research and development expenses increased to ¥9,080,075.04 in Q1 2021, up from ¥5,233,042.97 in Q1 2020, reflecting a growth of 73.5%[26] Other Financial Metrics - Non-recurring gains and losses totaled approximately CNY 129,204.00 for the period[9] - Accounts receivable increased by 38.80% to ¥35,382,519.17 due to an increase in commercial acceptance bills not yet due[13] - Financing receivables decreased by 71.02% to ¥51,199,193.69 primarily due to the endorsement transfer of bills for purchasing goods[13] - Prepayments increased by 172.56% to ¥37,125,792.70 mainly due to increased equipment purchases[13] - Operating costs increased by 167.99% to ¥188,149,000.64 as a result of higher sales revenue[14] - Cash received from sales increased by 165.47% to ¥211,494,720.19 due to higher sales[15] - Cash paid for purchasing goods rose by 54.53% to ¥177,789,889.91 driven by increased procurement[15] - Cash paid for fixed assets and intangible assets increased by 96.67% to ¥36,658,925.39 due to equipment and patent purchases[16]