KDL(SH:603987)2021-04-27 16:00Financial Performance - Operating revenue for the first quarter reached CNY 673,473,878.80, a year-on-year increase of 39.60%[7] - Net profit attributable to shareholders of the listed company was CNY 44,613,720.41, up 46.26% year-on-year[7] - The first quarter saw a 68.25% increase in net profit attributable to shareholders before share-based payment expenses[7] - Basic and diluted earnings per share both rose to CNY 0.10, compared to CNY 0.07 in the same period last year[7] - The company's operating revenue for Q1 2021 was 673,473,878.80 RMB, representing a 39.60% increase compared to the previous period[16] - Net profit for Q1 2021 was ¥67,212,725.38, representing a 19.0% increase from ¥56,462,462.59 in Q1 2020[28] - The profit attributable to shareholders of the parent company for Q1 2021 was ¥45,536,425.01, up 44.6% from ¥31,518,816.55 in Q1 2020[28] - The total comprehensive income for Q1 2021 was ¥15,975,466.42, compared to ¥4,256,609.38 in Q1 2020, indicating a significant improvement[31] Assets and Liabilities - Total assets increased by 2.99% to CNY 4,384,979,735.06 compared to the end of the previous year[7] - Current assets totaled CNY 2,588,193,833.42, slightly up from CNY 2,544,412,470.63, indicating a growth of about 1.7%[18] - Total liabilities reached CNY 1,330,432,864.31, up from CNY 1,290,892,319.49, marking an increase of approximately 3.1%[20] - Shareholders' equity rose to CNY 3,054,546,870.75 from CNY 2,966,878,850.21, indicating an increase of about 2.9%[20] - The company reported a long-term investment of CNY 1,410,647.52, down from CNY 2,299,024.66, a decrease of approximately 38.7%[18] Cash Flow - The company reported a net cash flow from operating activities of -CNY 53,197,510.92, a decline of 349.89% year-on-year[7] - The net cash flow from operating activities was negative at -¥53,197,510.92, worsening from -¥11,824,603.16 in Q1 2020[35] - Cash inflow from investment activities was -¥513,846,552.96, a decline from a positive cash flow of ¥20,208,716.53 in the previous year[35] - The company raised ¥342,660,000.00 through borrowings in Q1 2021, compared to ¥262,575,700.00 in Q1 2020, reflecting increased financing activities[35] Expenses - Operating costs increased to 427,588,900.30 RMB, a rise of 37.16% due to higher revenue[16] - Research and development expenses surged by 74.32% to 35,290,634.31 RMB, reflecting increased investment in R&D[17] - Sales expenses increased by 50.50% to 79,768,642.32 RMB, attributed to higher market investments[17] - Management expenses rose by 36.73% to 46,090,966.21 RMB, mainly due to increased equity incentive costs and labor costs[17] - The total amount of cash paid to employees increased by 36.44% to 161,047,671.72 RMB, reflecting higher labor costs[17] Shareholder Information - The total number of shareholders reached 21,364, with the largest shareholder holding 39.74% of the shares[13] Inventory and Receivables - The company's inventory increased to CNY 444,760,247.47 from CNY 411,072,056.58, reflecting a growth of about 8.2%[18] - Accounts receivable rose to CNY 758,694,198.32, an increase of 12% from CNY 677,632,688.13[18] - Other receivables rose by 40.24% to 44,765,460.10 RMB, primarily due to increased margin deposits from subsidiaries[16]