DZCM(603999)2021-04-15 16:00Financial Performance - Operating revenue for the first quarter reached CNY 171,053,101.61, representing a 14.28% increase year-on-year[8] - Net profit attributable to shareholders increased by 24.73% to CNY 5,555,630.29 compared to the same period last year[8] - Basic earnings per share rose by 25.00% to CNY 0.010 per share[8] - The company reported a non-operating income of CNY 2,416,726.81 for the quarter[11] - The net profit after deducting non-recurring gains and losses decreased by 19.67% to CNY 3,138,903.48[8] - Total operating revenue for Q1 2021 was ¥171,053,101.61, an increase of 14.3% compared to ¥149,682,147.04 in Q1 2020[28] - Net profit for Q1 2021 reached ¥5,229,042.11, representing a 15.6% increase from ¥4,524,185.52 in Q1 2020[30] - Operating profit for Q1 2021 was ¥5,012,276.00, a rise of 23.1% from ¥4,070,737.06 in Q1 2020[28] - Investment income for Q1 2021 was ¥1,774,281.62, significantly higher than ¥82,577.44 in Q1 2020[28] - The total comprehensive income for Q1 2021 was ¥5,229,042.11, an increase from ¥4,524,185.52 in Q1 2020[30] Cash Flow - The net cash flow from operating activities was negative at CNY -43,177,703.54, compared to a positive CNY 25,845,302.02 in the previous year[8] - Cash inflow from operating activities in Q1 2021 totaled ¥95,628,570.80, down from ¥104,951,727.75 in Q1 2020[35] - The company reported a total cash outflow from operating activities of 138,806,274.34 RMB, compared to 79,106,425.73 RMB in the previous year, marking an increase of about 75.5%[36] - The cash inflow from sales of goods and services was 40,160,669.22 RMB, a decrease of approximately 52.5% from 84,426,201.90 RMB in the same quarter last year[38] - The company paid 51,447,916.91 RMB for purchases of goods and services, which is an increase of approximately 78.1% compared to 28,875,528.62 RMB in the previous year[38] Assets and Liabilities - Total assets increased by 4.61% to CNY 2,235,611,275.66 compared to the end of the previous year[8] - Total current assets amounted to ¥1,486,496,776.54, up from ¥1,388,996,270.78 at the beginning of the year[20] - Current liabilities rose to CNY 353,441,056.62, compared to CNY 263,799,552.27, indicating a significant increase of about 34.0%[21] - Non-current liabilities totaled CNY 95,844,301.31, up from CNY 92,267,527.72, reflecting a growth of approximately 6.2%[22] - Total liabilities increased to CNY 449,285,357.93 from CNY 356,067,079.99, representing a growth of about 26.2%[22] - Accounts receivable increased by 74.95% to ¥183,274,144.35 due to higher sales of spring textbooks and teaching materials[15] - Prepayments rose by 152.12% to ¥88,190,490.80 primarily due to increased payments for raw materials and electronic products for the New District Smart City project[15] - Contract liabilities increased by 60.10% to ¥144,366,771.05 as a result of prepayments for goods not yet transferred to customers[16] - Tax payable decreased by 68.58% to ¥2,425,476.81 due to adjustments in tax liabilities and the reclassification of certain taxes[16] - Other current liabilities surged by 232.80% to ¥10,962,904.92, reflecting an increase in amounts related to contracts[16] Shareholder Information - The total number of shareholders reached 28,163 at the end of the reporting period[12] - The largest shareholder, Reader Publishing Group Co., Ltd., holds 57.84% of the shares[13] - Shareholders' equity reached CNY 1,786,325,917.73, a slight increase from CNY 1,781,096,875.62, showing a growth of about 0.3%[22] - The total equity attributable to shareholders reached CNY 1,805,689,194.80, compared to CNY 1,792,981,972.06, reflecting a growth of about 0.7%[25] Investment Activities - Investment income increased significantly by 2,048.63% to ¥1,774,281.62, driven by higher returns from short-term financial investments[16] - Cash inflow from investment activities totaled 220,301,564.66 RMB, while cash outflow was 295,638,634.30 RMB, resulting in a net cash flow from investment activities of -75,337,069.64 RMB[38] - The total cash inflow from investment activities was significantly higher this quarter at 252,004,723.30 RMB compared to 30,577,500.00 RMB in the previous year[36] - The company’s total cash outflow from investment activities was 295,848,294.58 RMB, which is a substantial increase from 30,214,540.00 RMB in the same quarter last year[36]