Orinko(SH:688219)2021-04-28 16:00Financial Performance - Operating revenue for the period reached CNY 1,038,900,985.14, a 61.14% increase year-on-year[6] - Net profit attributable to shareholders was CNY 28,027,484.78, a significant recovery from a loss of CNY 2,361,135.86 in the same period last year[6] - Basic earnings per share increased to CNY 0.06 from a loss of CNY 0.01 in the previous year[6] - The company reported a significant increase in investment income, with a loss of -¥1,722,133.91 compared to -¥171,586.00 in the previous year, attributed to increased discount business[15] - Net profit for Q1 2021 was ¥28,027,484.78, compared to a net loss of ¥2,361,135.86 in Q1 2020, marking a turnaround[28] - The total comprehensive income for Q1 2021 was ¥15,171,764.84, a significant recovery from a loss of ¥692,563.48 in the same period last year[30] Assets and Liabilities - Total assets increased by 6.00% to CNY 4,569,870,356.82 compared to the end of the previous year[6] - Total current assets increased to ¥2,924,590,994.16 as of March 31, 2021, up from ¥2,716,316,883.74 on December 31, 2020, representing a growth of approximately 7.67%[19] - Total liabilities reached ¥2,852,348,600.85, up from ¥2,621,777,577.20, reflecting an increase of about 8.8%[21] - Non-current assets totaled ¥1,645,279,362.66, up from ¥1,594,954,964.65, showing an increase of about 3.1%[20] - The company's total liabilities increased to ¥1,632,356,305.16 in Q1 2021 from ¥1,349,121,218.73 in Q1 2020, reflecting a growth of 20.9%[27] Cash Flow - The net cash flow from operating activities was negative at CNY -80,605,950.22, an improvement from CNY -160,321,004.68 in the previous year[6] - Operating cash inflow for Q1 2021 was ¥878,583,143.06, up from ¥632,555,532.29 in Q1 2020, indicating a 39% increase year-over-year[32] - The company experienced a net cash outflow from operating activities of ¥80,605,950.22 in Q1 2021, an improvement from a net outflow of ¥160,321,004.68 in Q1 2020[32] - The net cash flow from financing activities was positive at ¥111,268,318.22 in Q1 2021, compared to a modest gain of ¥16,261,787.16 in Q1 2020[33] - The company received ¥482,653,003.34 in cash from borrowings in Q1 2021, up from ¥249,000,000.00 in Q1 2020, indicating increased financing activity[33] Shareholder Information - The number of shareholders reached 8,658, with the top ten shareholders holding a significant portion of shares[12] - The largest shareholder, He Qianchang, holds 30.61% of the shares, totaling 140,571,428 shares[12] Expenses - Research and development expenses accounted for 3.73% of operating revenue, down from 4.86%[8] - Operating costs increased by 63.25% to ¥903,136,561.96 from ¥553,217,000.49, primarily due to the rise in revenue[15] - The income tax expense for the period was ¥273,568.96, an increase of 87.59% compared to ¥145,831.75, reflecting the growth in performance[15] - Sales expenses increased by 32.75% to ¥28,524,383.19, mainly due to higher logistics costs[15] - Research and development expenses for Q1 2021 were ¥38,706,961.46, up 23.6% from ¥31,345,026.39 in Q1 2020[27]