CCG(SH:605099)2021-04-19 16:00Financial Performance - Operating revenue rose by 49.00% to CNY 533,106,569.67 year-on-year[11] - Net profit attributable to shareholders increased by 47.34% to CNY 98,954,186.54 compared to the same period last year[11] - Basic and diluted earnings per share increased by 31.58% to CNY 0.25[11] - The company's operating revenue for Q1 2021 was CNY 533,106,569.67, representing a 49.00% increase compared to CNY 357,797,282.42 in the same period last year[20] - Net profit for Q1 2021 was ¥98,954,186.54, representing a 47% increase compared to ¥67,161,028.46 in Q1 2020[47] - Total comprehensive income for Q1 2021 was RMB 51,225,046.01, compared to RMB 48,710,738.36 in Q1 2020, reflecting a growth of 3.1%[56] Assets and Liabilities - Total assets increased by 8.47% to CNY 2,245,764,793.84 compared to the end of the previous year[11] - Total liabilities increased significantly, with other payables rising by 128.00% to CNY 86,473,855.38 from CNY 37,926,729.60, attributed to the recognition of stock repurchase obligations[20] - Total liabilities amounted to $322,524,368.63, up from $252,342,967.73, indicating a growth of around 27.8%[34] - Current liabilities increased to $259,724,881.18 from $198,517,809.89, a rise of about 30.8%[34] - The company reported a total asset value of 2,070,381,367.43 RMB as of December 31, 2020, down from 2,083,641,465.91 RMB[70] Cash Flow - Net cash flow from operating activities decreased by 90.83% to CNY 7,321,123.95 compared to the previous year[11] - The cash flow from operating activities was RMB 7,321,123.95, a decrease of 90.8% from RMB 79,836,048.93 in Q1 2020[62] - The company’s cash and cash equivalents at the end of Q1 2021 stood at 373,329,225.97 RMB, up from 4,357,251.93 RMB at the end of Q1 2020[68] - The total cash inflow from operating activities was RMB 497,848,237.15, compared to RMB 390,261,870.19 in Q1 2020, indicating a 27.5% increase[62] Shareholder Information - The company had a total of 14,716 shareholders at the end of the reporting period[16] - The largest shareholder, Wang Qiangxiang, holds 54.57% of the shares[16] - Jiangsu Best Investment Group Co., Ltd. is the second-largest shareholder with 15.84%[16] Research and Development - R&D expenses increased by 37.83% to CNY 18,689,816.91, up from CNY 13,559,909.64, reflecting the company's commitment to enhancing its product development[22] - Research and development expenses for Q1 2021 were ¥18,689,816.91, an increase from ¥13,559,909.64 in Q1 2020[45] Investment Income - The investment income surged by 2167.34% to CNY 1,066,265.77 from CNY 47,027.23, mainly due to increased financial investment returns[22] - The company reported a financial income of ¥4,273,012.29 in Q1 2021, significantly higher than ¥21,054.85 in Q1 2020[45] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[48]