HOLSIN(SH:603909)2021-04-27 16:00Financial Performance - Operating revenue increased by 80.48% to CNY 188,288,063.42 compared to the same period last year[8] - Net profit attributable to shareholders increased by 339.18% to CNY 10,292,457.04 compared to the same period last year[8] - Basic earnings per share increased by 335.76% to CNY 0.0719 compared to the same period last year[9] - The company reported a weighted average return on equity of 1.21%, an increase of 0.91 percentage points[8] - The company’s diluted earnings per share also increased by 335.76% to CNY 0.0719 compared to the same period last year[9] - Total operating revenue for Q1 2021 was ¥188,288,063.42, a 80.5% increase from ¥104,325,368.20 in Q1 2020[30] - Net profit for Q1 2021 reached ¥12,845,703.52, compared to ¥2,625,059.75 in Q1 2020, marking a 288.5% increase[31] - The total comprehensive income for Q1 2021 was ¥12,845,703.52, significantly higher than ¥2,625,059.75 in Q1 2020, reflecting a growth of 288.5%[32] Cash Flow - Net cash flow from operating activities decreased by 17.91% to CNY -23,208,172.59 compared to the same period last year[8] - Cash inflow from operating activities in Q1 2021 was CNY 325,212,790.12, up from CNY 222,543,355.55 in Q1 2020, representing a growth of 46.2%[37] - Net cash outflow from operating activities in Q1 2021 was CNY -23,208,172.59, compared to CNY -19,683,047.10 in Q1 2020, indicating a decline in cash flow performance[38] - Cash outflow from investing activities in Q1 2021 totaled CNY 2,583,784.31, down from CNY 4,361,736.37 in Q1 2020, a decrease of 40.8%[38] - Cash inflow from sales of goods and services in Q1 2021 was CNY 266,184,021.74, up from CNY 197,310,166.44 in Q1 2020, a growth of 35%[37] - The cash flow from operating activities was negative in Q1 2021, indicating challenges in maintaining positive cash flow despite increased sales revenue[39] Assets and Liabilities - Total assets decreased by 7.08% to CNY 1,390,184,503.94 compared to the end of the previous year[8] - Total current assets decreased to CNY 1,012,867,872.75 from CNY 1,122,788,181.53, indicating a reduction in liquidity[19] - Total liabilities decreased to CNY 453,799,682.49 from CNY 602,813,846.20, representing a reduction of about 24.7%[22] - Current liabilities totaled CNY 310,165,501.96, down from CNY 462,762,377.81, indicating a decrease of approximately 32.9%[20] - Non-current liabilities were reported at CNY 143,634,180.53, slightly up from CNY 140,051,468.39, showing an increase of about 3.8%[22] - Owner's equity increased to CNY 936,384,821.45 from CNY 893,299,765.61, reflecting a growth of approximately 4.8%[22] - Total liabilities reached CNY 602,813,846.20, down by CNY 8,653,831.49 from the previous period[45] Shareholder Information - The number of shareholders reached 6,274 at the end of the reporting period[11] - The largest shareholder, Huang Hebin, holds 10.41% of the shares, with 14,910,000 shares pledged[11] - The company’s total equity attributable to shareholders increased to CNY 856,662,139.18 from CNY 853,570,464.75, a slight increase of about 0.3%[22] Operational Costs - Operating costs rose by 101.85% to CNY 139,043,806.59, primarily due to increased costs associated with the growth of Fujian Yilv's business[15] - Total operating costs for Q1 2021 were ¥173,523,404.69, up from ¥102,259,221.26 in Q1 2020, representing a 69.7% increase[30] Future Outlook - The company plans to continue expanding its market presence and developing new products and technologies to drive future growth[16]