Holystar(SH:688330)2021-04-27 16:00Financial Performance - Operating revenue for the period was CNY 199,008,096.12, an increase of 18.64% year-on-year[6] - Net profit attributable to shareholders was CNY 69,908,004.60, representing a year-on-year increase of 42.61%[6] - Basic earnings per share increased by 7.69% to CNY 0.70[6] - The company expects a significant increase in net profit compared to the same period last year, indicating positive future outlook[23] - Operating profit for Q1 2021 was ¥79,959,579.38, up 40.0% from ¥57,080,925.08 in the same period last year[31] - Net profit for Q1 2021 was ¥69,908,004.60, representing a 42.5% increase from ¥49,021,667.49 in Q1 2020[32] - The total comprehensive income for Q1 2021 was CNY 65,787,409.35, consistent with the net profit figure[35] Cash Flow - The net cash flow from operating activities was CNY -146,081,233.38, a decrease of 6.14% compared to the same period last year[6] - Cash flow from investment activities improved significantly, with a net cash flow of CNY -1,298,051.48 compared to CNY -119,713,581.72 in the previous year, a change of 98.92%[21] - The company’s cash flow from financing activities resulted in a net outflow of CNY -51,734,934.44, compared to CNY -25,346,724.76 in Q1 2020, indicating increased financial obligations[36] - The total cash inflow from investment activities was CNY 1,780,349,347.74, significantly higher than CNY 210,773,118.72 in Q1 2020[36] - Cash outflow for investment activities totaled CNY 1,790,303,572.93, compared to CNY 329,316,225.00 in the previous year, indicating increased investment activity[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,362,950,315.47, a decrease of 0.99% compared to the end of the previous year[6] - Total current assets as of March 31, 2021, amounted to ¥3,136,567,589.63, a decrease of 1.6% from ¥3,187,239,993.60 on December 31, 2020[26] - Total liabilities decreased to ¥267,890,915.25 from ¥371,316,693.35, a reduction of 27.9%[27] - Total equity increased to ¥3,095,059,400.22 from ¥3,025,151,395.62, reflecting a growth of 2.3%[28] - The total assets amounted to 3,396,468,088.97 RMB, with a slight decrease from 3,401,731,337.34 RMB, indicating a total adjustment of 5,263,248.37 RMB[41] - The total liabilities increased to 371,316,693.35 RMB from 376,579,941.72 RMB, reflecting an increase of 5,263,248.37 RMB in non-current liabilities due to the new lease accounting standard[41] Shareholder Information - The total number of shareholders at the end of the reporting period was 11,844[12] - The top shareholder, Shanghai Hongyuan Investment Group Co., Ltd., held 18.05% of the shares[12] Research and Development - Research and development expenses accounted for 6.35% of operating revenue, an increase of 3.02 percentage points[8] - Research and development expenses surged by 125.79% to CNY 12,629,307.55 from CNY 5,593,267.75[18] - Research and development expenses for Q1 2021 were ¥12,629,307.55, significantly higher than ¥5,593,267.75 in Q1 2020, indicating a focus on innovation[30] Investment Income - The company reported a total of CNY 11,103,006.46 in non-recurring gains and losses[10] - Investment income increased by 773.07% to CNY 6,749,842.39 from CNY 773,118.72[18] - The company reported investment income of ¥6,749,842.39 in Q1 2021, compared to ¥773,118.72 in the same period last year[33] Current Assets - Accounts receivable increased by 43.46% to CNY 383,397,949.91 compared to CNY 267,248,245.56 at the end of 2020[17] - Other current assets increased by 48.27% to CNY 8,737,776.31 from CNY 5,893,294.40[17] - Inventory as of March 31, 2021, was ¥324,377,665.21, compared to ¥303,986,041.85, an increase of 6.7%[25] - Contract assets rose to ¥97,906,881.49 from ¥89,668,785.76, marking an increase of 9.5%[26]