长龄液压(605389) - 2021 Q1 - 季度财报

Financial Performance - Total assets increased by 94.48% to approximately CNY 1.997 billion compared to the end of the previous year[5] - Operating revenue rose by 85.59% to approximately CNY 289.8 million year-on-year[5] - Net profit attributable to shareholders increased by 68.76% to approximately CNY 72.2 million compared to the same period last year[5] - Basic and diluted earnings per share reached CNY 1.00, up 69.49% from CNY 0.59 in the previous year[5] - The weighted average return on equity increased by 1.96 percentage points to 9.70%[5] - Operating revenue rose by 85.59% to ¥289,804,343.99, driven by infrastructure development and enhanced environmental governance[13] - Total operating revenue for Q1 2021 reached ¥289,804,343.99, a significant increase of 85.5% compared to ¥156,156,178.84 in Q1 2020[26] - 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 operating revenue for Q1 2021 was ¥289,416,929.01, representing a 85.4% increase compared to ¥156,075,500.30 in Q1 2020[28] - The net profit for Q1 2021 was ¥71,270,524.65, up 71.5% from ¥41,624,152.75 in Q1 2020[29] Cash Flow and Liquidity - Cash flow from operating activities showed a significant decline of 342.27%, resulting in a net cash outflow of approximately CNY 26.9 million[5] - 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 a growth of 212.5%[22] - The net cash flow from operating activities for Q1 2021 was -¥26,877,692.11, a decrease from ¥11,093,973.98 in Q1 2020[32] - The company received cash inflow from financing activities amounting to ¥913,735,960.00 in Q1 2021, compared to a cash outflow of -¥1,006,597.51 in Q1 2020[33] - The net increase in cash and cash equivalents for Q1 2021 was 497,605,510.81 RMB, significantly higher than 3,622,013.37 RMB in Q1 2020[35] - The ending balance of cash and cash equivalents as of Q1 2021 was 717,907,145.57 RMB, compared to 131,451,851.64 RMB at the end of Q1 2020[35] Shareholder Information - The number of shareholders reached 28,221 by the end of the reporting period[9] - The top two shareholders, Xia Jifa and Xia Zemin, hold 43.15% and 28.77% of the shares, respectively[9] Expenses and Liabilities - Operating costs surged by 99.91% to ¥184,590,632.46, corresponding with the rise in operating revenue[13] - The company reported a 101.93% increase in management expenses to ¥6,494,075.30, aligned with the growth in operating revenue[13] - Total liabilities amounted to ¥314,711,463.17, slightly up from ¥312,195,500.76, indicating 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] - Other payables rose dramatically by 25,383.15% to ¥17,974,074.51, attributed to increased fees payable to listing intermediaries[13] 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 for Q1 2021 totaled ¥10,961,178.78, which is a 115.5% increase from ¥5,095,006.19 in Q1 2020[26] Comprehensive Income - The total comprehensive income for Q1 2021 was ¥71,270,524.65, reflecting a strong performance compared to ¥41,624,152.75 in Q1 2020[29]