Delinhai(SH:688069)2021-04-27 16:00Financial Performance - Operating revenue surged by 139.72% to CNY 115,236,789.04 year-on-year[5] - Net profit attributable to shareholders rose by 186.17% to CNY 40,117,089.21 compared to the same period last year[5] - Basic earnings per share increased by 116.13% to CNY 0.67[5] - Revenue for Q1 2021 reached RMB 115,236,789.04, a 139.72% increase compared to RMB 48,071,442.99 in Q1 2020, driven by expanded operations and increased orders[12] - Gross profit for Q1 2021 was RMB 59,756,297.22, resulting in a gross margin of approximately 51.8%[12] - Operating profit for Q1 2021 was ¥46,457,876.75, representing a growth of 180.9% compared to ¥16,524,969.26 in Q1 2020[27] - The net profit for Q1 2021 reached CNY 40,117,087.16, representing a 186% increase from CNY 14,018,569.23 in Q1 2020[28] - The total profit for Q1 2021 was CNY 46,437,920.87, compared to CNY 16,514,335.34 in Q1 2020, indicating an increase of 181%[28] Research and Development - Research and development expenses accounted for 5.55% of operating revenue, a decrease of 0.31 percentage points from the previous year[5] - R&D expenses increased by 126.71% to RMB 6,390,393.54, reflecting greater investment in research projects[13] - Research and development expenses for Q1 2021 were ¥6,390,393.54, an increase of 126.5% compared to ¥2,818,743.57 in Q1 2020[27] - The company reported a significant increase in R&D expenses, totaling CNY 6,021,573.72 in Q1 2021, compared to CNY 2,537,926.28 in Q1 2020, reflecting a 137% increase[31] Cash Flow and Investments - Net cash flow from operating activities was negative at CNY -76,455,359.32, compared to CNY -29,377,378.66 in the previous year[5] - The company reported a net cash flow from operating activities of -71,942,871.16 RMB, compared to -26,613,355.09 RMB in Q1 2020, indicating a significant increase in cash outflow[37] - The total cash inflow from operating activities was 89,389,760.59 RMB, a substantial increase from 27,503,781.90 RMB in the same period last year[37] - The company recorded cash outflows from investing activities totaling 414,991,497.97 RMB, compared to 22,198,362.04 RMB in Q1 2020, reflecting a major increase in investment expenditures[37] - The investment activities generated cash inflow of CNY 413,962,210.75 in Q1 2021, a substantial rise from CNY 20,128,818.82 in Q1 2020[34] - The company received 400,000,000.00 RMB from investment recoveries, a significant increase from 20,000,000.00 RMB in Q1 2020[37] Assets and Liabilities - Total assets increased by 3.19% to CNY 1,692,620,240.77 compared to the end of the previous year[5] - The total assets as of March 31, 2021, were RMB 1,692,620,240.77, an increase from RMB 1,640,227,975.20 at the end of 2020[12] - Total liabilities increased to ¥214,816,254.07 in Q1 2021 from ¥179,054,955.92 in Q4 2020[24] - The company's equity attributable to shareholders rose to ¥1,320,948,122.35, up from ¥1,281,989,845.98 at the end of 2020[25] - Cash and cash equivalents decreased to ¥139,121,114.71 from ¥171,712,287.32 at the end of 2020, a decline of 18.9%[23] - Accounts receivable increased to ¥381,632,959.91, up 24% from ¥307,726,225.58 at the end of 2020[23] Shareholder Information - The total number of shareholders reached 5,126[10] - The largest shareholder, Hu Mingming, holds 38.67% of the shares, totaling 23,000,000 shares[10] Government Support - Government subsidies recognized in the current period amounted to CNY 388,750.84[8] Financial Ratios - The weighted average return on equity decreased by 1.94 percentage points to 2.80%[5]