XUELONG(SH:603949)2021-04-27 16:00Financial Performance - Operating revenue rose by 48.39% to CNY 127,588,239.45 year-on-year[6] - Net profit attributable to shareholders increased by 128.84% to CNY 42,369,350.83 compared to the same period last year[6] - Basic earnings per share increased by 42.86% to CNY 0.20[8] - Operating profit for Q1 2021 was ¥48,777,789.92, up 96.3% from ¥24,845,661.16 in Q1 2020[28] - Net profit for Q1 2021 was ¥42,369,350.83, representing a 128.5% increase from ¥18,514,604.60 in Q1 2020[28] - The company reported a total comprehensive income of ¥42,369,350.83 for Q1 2021, compared to ¥18,514,604.60 in Q1 2020[29] Cash Flow - Cash flow from operating activities improved significantly, reaching CNY 19,853,033.28, a turnaround from a loss of CNY 1,316,672.08 in the previous year[6] - The net cash flow from operating activities for Q1 2021 was ¥19,853,033.28, compared to a negative cash flow of ¥1,316,672.08 in Q1 2020, indicating a turnaround in operational performance[33] - The company reported a total cash inflow from operating activities of ¥124,758,237.13 in Q1 2021, up from ¥55,823,509.10 in Q1 2020, marking an increase of approximately 123.5%[33] - The net cash flow from investment activities for Q1 2021 was ¥302,148,584.55, compared to a negative cash flow of ¥12,492,372.92 in Q1 2020, showing a strong improvement[33] - The net cash flow from financing activities in Q1 2021 was ¥436,604,905.66, reflecting a positive cash position compared to cash outflows in the previous year[34] Assets and Liabilities - Total assets increased by 1.45% to CNY 1,092,578,583.70 compared to the end of the previous year[6] - Total current assets increased to ¥834,144,495.61 as of March 31, 2021, compared to ¥823,152,690.50 on December 31, 2020, reflecting a growth of approximately 1.2%[20] - Total liabilities decreased to ¥88,751,897.38 from ¥115,453,448.39, indicating a decline of approximately 23.1%[22] - Total current liabilities decreased to ¥54,211,801.93 from ¥84,387,939.29, a reduction of about 35.7%[22] - Total non-current assets amounted to ¥258,434,088.09, up from ¥253,758,093.38, showing a growth of about 1.3%[21] Shareholder Information - The total number of shareholders reached 13,803 by the end of the reporting period[12] - The top shareholder, Hong Kong Green Source Holdings Limited, holds 19.95% of the shares[12] - Shareholders' equity increased to ¥1,003,826,686.32 from ¥961,457,335.49, representing a growth of about 4.4%[22] Research and Development - Research and development expenses increased by 66.35% to ¥5,595,004.12, due to higher material costs and depreciation expenses[18] - Research and development expenses rose to ¥5,595,004.12 in Q1 2021, a 66.3% increase from ¥3,363,453.75 in Q1 2020[27] Other Income and Investments - The company reported a non-recurring profit of CNY 3,702,849.44 for the period[9] - The company reported an investment income of ¥2,516,130.58, a substantial increase from zero in the previous year, mainly due to higher returns from bank wealth management[18] - The company reported investment income of ¥2,516,130.58 in Q1 2021, with no corresponding figure in Q1 2020[28] Inventory and Receivables - Accounts receivable rose by 34.55% to ¥149,185,003.07, attributed to increased operating revenue[16] - Inventory increased by 36.34% to ¥103,246,873.71, indicating a rise in stock levels[17] - Inventory levels rose to ¥103,246,873.71 from ¥75,726,131.76, indicating an increase of around 36.4%[20]