RAYNEN(603933)2021-04-27 16:00Financial Performance - Operating revenue for the first quarter reached CNY 481,808,207.55, a 62.21% increase year-on-year[6] - Net profit attributable to shareholders surged to CNY 28,048,456.05, up 3,497.59% from the previous year[6] - Basic earnings per share rose to CNY 0.1394, reflecting a 3,474.36% increase compared to the same period last year[6] - Operating profit for Q1 2021 was ¥30,751,830.56, compared to ¥764,457.83 in Q1 2020, indicating a substantial improvement[27] - Net profit attributable to shareholders of the parent company for Q1 2021 was ¥28,048,456.05, up from ¥779,646.09 in Q1 2020, reflecting a growth of 3595.5%[28] - The company reported a total profit of ¥30,757,266.07 for Q1 2021, compared to a loss of ¥677,954.71 in Q1 2020[27] - The company’s total profit for Q1 2021 was ¥13,846,331.70, a substantial increase from ¥742,756.94 in Q1 2020, representing an increase of 1,764.5%[31] Cash Flow - Net cash flow from operating activities was CNY 16,386,778.42, a significant recovery from a negative cash flow of CNY -7,058,651.55 in the previous year[6] - The cash flow from operating activities generated a net amount of ¥16,386,778.42 in Q1 2021, a turnaround from a negative cash flow of ¥7,058,651.55 in Q1 2020[32] - The company reported a net cash flow from investing activities of CNY 6,058,402.55, a substantial increase from CNY 137,061.92 in the previous year[13] - The cash inflow from investment activities in Q1 2021 was ¥211,744,737.54, compared to ¥386,028,083.86 in Q1 2020, indicating a decrease of 45.2%[33] - The financing activities generated a net cash flow of ¥17,991,088.33 in Q1 2021, recovering from a negative cash flow of ¥9,263,939.57 in Q1 2020[33] Assets and Liabilities - Total assets increased by 15.95% to CNY 1,692,709,673.49 compared to the end of the previous year[6] - The company's total assets increased significantly, with intangible assets rising by 81.62% to CNY 52,713,362.00[12] - Total liabilities were RMB 626,765,134.45, up from RMB 422,648,112.22, which is an increase of approximately 48.3%[20] - The total liabilities amounted to ¥359,048,782.97, while total equity reached ¥919,843,611.28, resulting in a total assets figure of ¥1,278,892,394.25[24] - The total liabilities as of Q1 2021 were 420,525,588.52 RMB, showing a slight increase compared to 420,246,175.01 RMB in the previous year[39] Shareholder Information - The total number of shareholders reached 13,467 by the end of the reporting period[10] - The largest shareholder, Ruineng Industrial Co., Ltd., holds 67.28% of the shares[10] - The total equity attributable to shareholders reached ¥1,030,502,892.10, remaining unchanged from the previous period[40] Research and Development - The company's R&D expenses rose by 30.48% to CNY 14,374,369.72, reflecting increased investment in research and development[13] - Research and development expenses for Q1 2021 were ¥14,374,369.72, an increase from ¥11,016,887.12 in Q1 2020, showing a commitment to innovation[27] Market Strategy - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[6]