Leading Optics(SH:605118)2021-04-27 16:00Financial Performance - Operating income rose by 4.59% to CNY 83,386,803.57 year-on-year[11] - Net profit attributable to shareholders increased slightly by 0.24% to CNY 33,104,158.99[11] - The net profit for Q1 2021 was RMB 32,857,649.59, slightly down from RMB 33,115,060.18 in Q1 2020, a decrease of 0.8%[43] - The total operating revenue for Q1 2021 was RMB 83,386,803.57, an increase of 4.2% compared to RMB 79,723,950.18 in Q1 2020[43] - The company's operating revenue for Q1 2021 was ¥78,121,233.28, an increase of 2.66% compared to ¥76,094,656.42 in Q1 2020[49] - The total comprehensive income for Q1 2021 was ¥32,857,177.46, compared to ¥33,118,113.44 in Q1 2020[45] Cash Flow - Net cash flow from operating activities surged by 265.68% to CNY 44,013,556.81 compared to the same period last year[11] - The net cash flow from operating activities for Q1 2021 was RMB 44,013,556.81, a significant increase of 265.68% compared to RMB 12,035,959.61 in Q1 2020[30] - The company's cash and cash equivalents increased to RMB 333,457,750.08 as of March 31, 2021, up from RMB 243,038,403.47 at the end of 2020[30] - The cash inflow from investment activities was ¥213,845,873.48, a substantial increase from ¥29,052,200.97 in Q1 2020[55] - The net increase in cash and cash equivalents for Q1 2021 was ¥90,345,849.19, compared to ¥42,895,544.38 in Q1 2020, indicating a growth of approximately 110%[63] Assets and Liabilities - Total assets increased by 3.53% to CNY 1,286,109,198.81 compared to the end of the previous year[11] - The total current liabilities increased to RMB 101,776,772.09 as of March 31, 2021, compared to RMB 90,562,373.79 at the end of 2020[30] - The total current assets increased to RMB 860,661,978.50 from RMB 827,806,798.27, marking a rise of 4.0%[36] - The total non-current assets amounted to RMB 399,571,871.99, up from RMB 390,882,452.26, indicating a growth of 2.0%[36] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,365[14] - The total equity attributable to shareholders increased to RMB 1,137,128,838.41 from RMB 1,107,283,454.36, a rise of 2.7%[41] Research and Development - Research and development expenses rose to RMB 7,124,341.05 in Q1 2021, reflecting a 51.36% increase from RMB 4,706,959.12 in Q1 2020, primarily due to increased investment in materials and personnel[30] - Research and development expenses for Q1 2021 were RMB 7,124,341.05, up from RMB 4,706,959.12 in Q1 2020, an increase of 51.3%[43] - Research and development expenses increased to ¥6,557,273.25 from ¥4,309,609.28, reflecting a growth of 52.2% year-over-year[49] Investment Income - The company reported a net loss in investment income of RMB 743,339.58 for Q1 2021, a decrease of 68.28% from RMB 2,343,112.23 in the same period last year, attributed to lower returns from financial investments[30] - The investment income for Q1 2021 was ¥715,991.26, down from ¥2,282,558.54 in the same period last year[49] Other Financial Metrics - The weighted average return on equity decreased by 2.31 percentage points to 2.90%[11] - Basic and diluted earnings per share decreased by 9.93% to CNY 0.0816[11] - The company reported a government subsidy of CNY 3,117,823.89 related to normal business operations[13] - The company experienced a 70.40% increase in credit impairment losses, totaling RMB 1,215,293.26 in Q1 2021 compared to RMB 713,192.12 in Q1 2020, due to provisions for receivables[30] - The company reported a 99.99% decrease in other operating income, which fell to RMB 32.38 in Q1 2021 from RMB 260,678.97 in Q1 2020, due to reduced subsidy income[30]