JINHUI(SH:603919)2021-04-20 16:00Financial Performance - Operating revenue for the period was CNY 508,327,681.62, representing a growth of 48.43% year-on-year[9]. - Net profit attributable to shareholders of the listed company reached CNY 115,325,682.28, a significant increase of 99.34% compared to the same period last year[9]. - Basic earnings per share rose by 109.09% to CNY 0.23[9]. - The company's operating profit increased by 91.53% to CNY 146,877,490.20, reflecting improved sales performance[25]. - Cash received from sales increased by 74.93% to CNY 538,202,515.63, driven by higher sales revenue[29]. - The company reported a significant increase in sales revenue from goods and services, totaling approximately ¥538.20 million in Q1 2021, compared to ¥307.66 million in Q1 2020, a 75.0% increase[57]. - Net profit for Q1 2021 reached ¥115.33 million, compared to ¥57.85 million in Q1 2020, marking a 99.5% increase[52]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,440,925,348, a decrease of 2.58% compared to the end of the previous year[9]. - The total liabilities decreased to ¥547,342,446.51 from ¥753,691,282.82, showing a reduction of about 27.4%[41]. - The total equity attributable to shareholders increased to ¥2,893,582,901.49 from ¥2,778,257,219.21, reflecting a growth of about 4.1%[41]. - Current liabilities rose from CNY 337,269,116.47 to CNY 341,442,316.31, an increase of CNY 4,173,199.84[75]. - Non-current liabilities due within one year increased from CNY 12,000,000.00 to CNY 16,173,199.84, a rise of CNY 4,173,199.84[79]. Cash Flow - The net cash flow from operating activities improved by 56.90%, amounting to -CNY 32,272,620.71[9]. - Cash flow from operating activities in Q1 2021 was negative at approximately -¥32.27 million, an improvement from -¥74.88 million in Q1 2020[57]. - The company reported a net increase in cash and cash equivalents of -¥16,836,664.94 in Q1 2021, compared to -¥86,770,701.73 in Q1 2020, indicating a significant improvement in cash flow management[63]. Shareholder Information - The total number of shareholders at the end of the reporting period was 69,666[12]. - The top ten shareholders held a combined 73.57% of the company's shares, with Shanghai Yuyuan Tourist Mart (Group) Co., Ltd. being the largest shareholder at 30%[12]. Government Support and Expenses - The company received government subsidies totaling CNY 463,266.66 during the reporting period[11]. - Research and development expenses decreased by 30.60% to CNY 6,921,155.67, as some projects were completed in the previous year[23]. - The company reported a 213.96% increase in taxes paid, totaling CNY 219,449,958.28, due to higher operating income[31]. Other Financial Metrics - The weighted average return on equity increased by 1.83 percentage points to 4.08%[9]. - Accounts receivable increased by 65.41% to CNY 13,040,291.06 compared to the previous year, primarily due to increased direct sales in supermarkets and hotels[19]. - Other receivables rose by 69.72% to CNY 4,514,640.98, mainly due to increased employee advances[19].