DHPI(SH:603856)2021-04-27 16:00Financial Performance - Operating revenue for the period was CNY 398,291,462.83, representing a year-on-year increase of 27.31%[5] - Net profit attributable to shareholders of the listed company was CNY 42,190,506.39, an increase of 18.89% compared to the same period last year[5] - Basic earnings per share increased by 14.29% to CNY 0.16[5] - Total operating revenue for Q1 2021 was CNY 398,291,462.83, an increase of 27.2% compared to CNY 312,852,940.47 in Q1 2020[31] - Net profit for Q1 2021 reached CNY 42,190,506.39, representing a 19.2% increase from CNY 35,486,856.76 in Q1 2020[32] - Total comprehensive income for Q1 2021 was CNY 42,190,506.39, up from CNY 35,486,856.76 in Q1 2020[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,839,196,581.26, a decrease of 1.02% compared to the end of the previous year[5] - Current liabilities totaled CNY 753,587,710.00, down from CNY 833,995,909.29, indicating a reduction of about 9.6%[22] - Non-current liabilities decreased to CNY 72,971,494.57 from CNY 74,361,039.82, a decline of approximately 1.9%[23] - The total liabilities decreased to CNY 826,559,204.57 from CNY 908,356,949.11, a reduction of about 9.0%[23] - The total current assets were reported at CNY 1,909,650,574.34, down from CNY 2,093,143,684.60, indicating a decrease of about 8.8%[26] Shareholder Information - Net assets attributable to shareholders of the listed company increased by 2.68% to CNY 2,012,637,376.69[5] - The total number of shareholders at the end of the reporting period was 17,130[10] - The largest shareholder, Shandong Donghong Group Co., Ltd., held 50.83% of the shares[10] - Shareholders' equity increased to CNY 2,012,637,376.69 from CNY 1,960,076,797.17, representing a growth of about 2.9%[23] Cash Flow - The net cash flow from operating activities was negative CNY 133,686,833.61, a decline of 568.54% year-on-year[5] - The net cash flow from operating activities was -¥133.69 million in Q1 2021, worsening from -¥19.99 million in Q1 2020[37] - Total cash outflow from operating activities increased to ¥580.91 million in Q1 2021, up from ¥452.75 million in Q1 2020[37] - Cash inflow from financing activities increased to ¥155.25 million in Q1 2021, up from ¥75 million in Q1 2020[40] - The net cash flow from financing activities was ¥78.16 million in Q1 2021, compared to ¥57.76 million in Q1 2020[40] Investments and Expenses - Research and development expenses surged by 105.61% to ¥7,955,299.96, indicating a significant increase in R&D investment[14] - Sales expenses rose by 30.78% to ¥15,277,726.93, mainly due to increased compensation costs[14] - The company reported a net loss from investment income of ¥-2,780,157.34, a decline of 829.05% due to losses from joint ventures[14] - Investment loss for Q1 2021 was CNY -2,780,157.34, compared to a gain of CNY 381,338.85 in Q1 2020[31] Cash and Equivalents - Cash and cash equivalents decreased by 70.56% to ¥93,613,104.49 due to increased payments for materials and investments[13] - The total cash and cash equivalents at the end of Q1 2021 was ¥79.08 million, a decrease from ¥242.31 million at the end of Q1 2020[40] - Cash and cash equivalents were reported at CNY 87,072,596.77, down from CNY 306,979,992.95, a significant decrease of approximately 71.6%[25] Future Plans - The company plans to continue expanding its market presence and investing in new technologies and products[34]