CMLOG(SH:603967)2021-04-15 16:00Financial Performance - Operating revenue rose by 76.36% to CNY 1,983,088,010.44 year-on-year[5] - Net profit attributable to shareholders increased by 54.10% to CNY 44,939,209.06 compared to the same period last year[5] - Basic earnings per share increased by 38.46% to CNY 0.18[5] - The company reported a net profit of CNY 48,808,208.66 for the period, up 36.12% year-on-year[5] - Net profit increased by 40.43% to ¥57,619,941.12 from ¥41,031,125.45, reflecting improved operational performance[15] - The company reported a total profit for Q1 2021 of ¥72,715,869.80, an increase of 41.9% compared to ¥51,236,441.13 in Q1 2020[31] - The company achieved a gross profit margin of approximately 2.9% in Q1 2021, compared to 3.2% in Q1 2020[29] - The company’s total comprehensive income for Q1 2021 was ¥57,686,211.11, compared to ¥41,031,125.45 in Q1 2020, indicating a growth of 40.5%[31] Assets and Liabilities - Total assets increased by 13.04% to CNY 3,089,877,190.91 compared to the end of the previous year[5] - Total liabilities reached CNY 974,841,347.96, compared to CNY 690,671,750.68, indicating an increase of around 41.19%[21] - Current liabilities rose to CNY 789,456,221.87, up from CNY 670,382,711.09, reflecting a growth of approximately 17.71%[20] - Non-current assets totaled CNY 1,435,699,403.52, compared to CNY 1,142,640,589.54, marking an increase of about 25.66%[20] - Total current assets amounted to CNY 1,341,014,346.30, slightly down from CNY 1,350,575,786.41, a decrease of about 0.7%[23] - Total assets amounted to CNY 2,733,543,425.73, a decrease of CNY 164,781,385.88 compared to the previous period[46] - Total liabilities amount to approximately $452.37 million[51] - Total equity stands at approximately $1.79 billion[51] - The total assets and liabilities combined amount to approximately $2.24 billion[51] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 48,263,886.19, compared to a net outflow of CNY 23,799,552.92 in the previous year[5] - Cash inflow from operating activities in Q1 2021 was CNY 1,865,490,166.96, a significant increase from CNY 1,068,653,346.92 in Q1 2020, representing a growth of approximately 74.5%[36] - Net cash outflow from operating activities in Q1 2021 was CNY -48,263,886.19, compared to CNY -23,799,552.92 in Q1 2020, indicating a deterioration in cash flow performance[37] - Cash inflow from investment activities in Q1 2021 totaled CNY 260,251,898.13, down from CNY 297,802,521.31 in Q1 2020, reflecting a decrease of about 12.6%[37] - Cash inflow from financing activities in Q1 2021 was CNY 82,528,893.86, significantly higher than CNY 20,662,800.00 in Q1 2020, marking an increase of approximately 299.5%[37] - The ending balance of cash and cash equivalents as of Q1 2021 was CNY 349,592,319.89, up from CNY 244,426,227.24 in Q1 2020, representing an increase of about 42.9%[39] Shareholder Information - The number of shareholders reached 18,658 at the end of the reporting period[9] - The largest shareholder, Qingdao Zhongchuang United Investment Development Co., Ltd., holds 52.50% of the shares[9] - Shareholders' equity increased to CNY 2,115,035,842.95 from CNY 2,042,871,675.05, showing a growth of about 3.53%[21] Other Financial Metrics - Cash and cash equivalents decreased by 30.35% to ¥356,833,119.89 from ¥512,331,345.42, primarily due to land purchases and financial investments[11] - Accounts receivable increased by 211.11% to ¥2,780,400.00 from ¥893,700.00, attributed to the increase in commercial bill settlements[11] - The company reported an investment income of ¥9,542,827.84 in Q1 2021, up from ¥5,321,418.95 in Q1 2020, marking an increase of 79.5%[29] - Research and development expenses for Q1 2021 were ¥527,325.79, a decrease of 15.4% from ¥623,135.64 in Q1 2020[29] - The company recognized a cumulative adjustment of CNY 176,742,292.42 for right-of-use assets due to new leasing standards[46] - The company reported a capital reserve of approximately $920.98 million[51] - The undistributed profits are approximately $489.02 million[51] - The company has a special reserve of approximately $7.49 million[51] - The company has a surplus reserve of approximately $103.22 million[51] - The company reported a negative other comprehensive income of approximately $120,400[51] - The company has a paid-in capital of approximately $266.67 million[51]