长龄液压(605389) - 2021 Q1 - 季度财报

Financial Performance - Revenue for the first quarter reached CNY 289,804,343.99, an increase of 85.59% year-on-year[5] - Net profit attributable to shareholders was CNY 72,192,797.55, reflecting a growth of 68.76% compared to the same period last year[5] - Basic and diluted earnings per share were both CNY 1.00, up 69.49% from CNY 0.59 in the previous year[5] - Operating profit for Q1 2021 was ¥85,524,487.88, up 68.4% from ¥50,794,878.19 in the same period last year[27] - Net profit for Q1 2021 was ¥72,837,592.90, representing a 67.9% increase from ¥43,345,509.56 in Q1 2020[27] - The company’s total comprehensive income for Q1 2021 was CNY 71,270,524.65, reflecting a 71.5% increase from CNY 41,624,152.75 in Q1 2020[29] Assets and Liabilities - Total assets increased by 94.48% to CNY 1,997,381,964.89 compared to the end of the previous year[5] - Total assets reached ¥1,997,381,964.89, up from ¥1,027,038,596.08, marking a significant growth in the company's asset base[18] - Total liabilities amounted to ¥314,711,463.17, slightly up from ¥312,195,500.76, reflecting stable financial leverage[18] - Total liabilities for Q1 2021 were ¥322,750,213.20, an increase from ¥310,938,237.08 in Q1 2020[23] Cash Flow - The net cash flow from operating activities was negative at CNY -26,877,692.11, a decline of 342.27% compared to the previous year[5] - The company reported a net cash outflow from operating activities of CNY -26,877,692.11, compared to a net inflow of CNY 11,093,973.98 in Q1 2020[32] - The financing activities generated a net cash inflow of CNY 909,804,626.60 in Q1 2021, compared to a net outflow of CNY -1,006,597.51 in Q1 2020[33] - The total cash outflow from operating activities in Q1 2021 was 187,477,828.40 RMB, compared to 118,264,013.45 RMB in Q1 2020[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 28,218[11] - The top shareholder, Xia Jifa, holds 43.15% of the shares, totaling 42,000,000 shares[11] Research and Development - Research and development expenses increased by 115.14% to ¥10,961,178.78 as the company intensified investment in hydraulic components[13] - Research and development expenses in Q1 2021 amounted to ¥10,961,178.78, which is a 115.5% increase from ¥5,095,006.19 in Q1 2020[26] Cash and Cash Equivalents - Cash and cash equivalents increased by 348.72% to ¥1,087,962,671.12 due to the arrival of raised funds[12] - Cash and cash equivalents stood at ¥735,111,714.69 in Q1 2021, compared to ¥235,768,634.76 in Q1 2020, showing an increase of 212.5%[22] - Cash and cash equivalents at the end of Q1 2021 totaled CNY 1,065,758,102.00, significantly up from CNY 132,441,937.84 at the end of Q1 2020[33] Operating Costs and Revenue - Operating costs surged by 99.91% to ¥184,590,632.46, in line with the increase in operating revenue[13] - Operating revenue rose by 85.59% to ¥289,804,343.99, driven by infrastructure growth and enhanced environmental governance[13] - The company's operating revenue for Q1 2021 was CNY 289,416,929.01, representing a 85.4% increase compared to CNY 156,075,500.30 in Q1 2020[28] Other Financial Metrics - The weighted average return on equity increased by 1.96 percentage points to 9.70%[5] - The company reported non-recurring gains of CNY 644,795.35 for the period[7] - Other payables rose dramatically by 25,383.15% to ¥17,974,074.51, due to increased fees payable to listing intermediaries[13] - The capital reserve increased by 423.05% to ¥1,076,461,923.83, attributed to the influx of raised funds[13]