CNANO(SH:688116)2021-04-27 16:00Financial Performance - Operating revenue surged by 262.40% to CNY 218,617,657.04 year-on-year[18] - Net profit attributable to shareholders increased by 314.75% to CNY 53,263,009.18 compared to the same period last year[18] - Basic earnings per share increased by 283.33% to CNY 0.23[18] - The company reported a net profit excluding non-recurring gains and losses of CNY 45,113,062.73, a 549.33% increase year-on-year[18] - Revenue for Q1 2021 reached RMB 218,617,657.04, a significant increase of 262.40% compared to RMB 60,324,323.35 in Q1 2020[35] - Net profit for Q1 2021 was RMB 53,274,149.10, reflecting a 317.30% increase from RMB 12,766,421.85 in the same period last year[38] - Operating profit for Q1 2021 was RMB 62,898,291.40, up 305.85% from RMB 15,497,922.63 in Q1 2020[35] - The company reported a gross profit of ¥53,560,067.02 for Q1 2021, compared to ¥8,031,779.82 in Q1 2020, indicating a substantial increase[55] - The comprehensive income for Q1 2021 totaled ¥53,410,925.55, compared to ¥12,971,603.52 in Q1 2020, reflecting a growth of approximately 312.5%[58] Assets and Liabilities - Total assets increased by 9.73% to CNY 2,064,012,771.67 compared to the end of the previous year[18] - The total current assets reached RMB 1,429,476,146.50, up from RMB 1,311,132,034.37, indicating an increase of about 9.01% year-over-year[44] - The total liabilities amounted to RMB 323,786,853.53, compared to RMB 199,784,550.21, showing a significant increase of approximately 62.20%[46] - The total current liabilities rose to RMB 244,194,668.02 from RMB 145,149,763.21, which is an increase of approximately 68.00%[46] - The company's equity attributable to shareholders reached RMB 1,719,764,947.24, up from RMB 1,660,710,747.54, indicating an increase of approximately 3.55%[46] Cash Flow - Net cash flow from operating activities rose by 139.34% to CNY 19,647,349.82 year-on-year[18] - Cash flow from operating activities improved by 139.34% to RMB 19,647,349.82, indicating increased cash generation from operations[38] - The net cash flow from operating activities for Q1 2021 was CNY 19,647,349.82, compared to CNY 8,208,987.12 in Q1 2020, indicating an increase of about 139.8%[65] - The net cash flow from financing activities was CNY 39,127,784.78, an increase from CNY 19,137,833.33 in the previous year, indicating a positive trend in financing[69] Research and Development - R&D expenses as a percentage of operating revenue decreased by 4.01 percentage points to 3.88%[21] - Research and development expenses increased by 78.15% to RMB 8,474,772.78, reflecting higher personnel costs and investment in R&D[35] - The company's R&D expenses in Q1 2021 were CNY 7,931,307.76, an increase from CNY 5,054,375.41 in Q1 2020, reflecting a growth of approximately 56.5%[59] Shareholder Information - The total number of shareholders reached 6,709 at the end of the reporting period[25] - The largest shareholder, Tao Zheng, holds 10.13% of the shares, totaling 23,479,002 shares[25] Inventory and Financing - Inventory rose by 41.32% to RMB 77,709,463.94, driven by an increase in raw materials and finished goods[32] - Short-term loans surged by 153.81% to RMB 33,035,291.67, attributed to increased bank borrowings in early 2021[32] - Accounts receivable financing increased by 36.94% to RMB 120,612,857.18 due to rising market demand and revenue growth[32] - Contract liabilities surged by 286.52% to RMB 5,389,493.08, due to an increase in customer prepayments[32]