Hymson(SH:688559)2021-04-29 16:00Financial Performance - Operating revenue for the first quarter reached CNY 126,018,604.27, representing a 28.28% increase year-on-year[18] - Net profit attributable to shareholders was CNY -22,539,117.53, a 20.26% improvement from CNY -28,264,900.79 in the same period last year[18] - Basic earnings per share improved by CNY 0.08 to CNY -0.11[18] - Total revenue for Q1 2021 reached ¥126,018,604.27, an increase of 28.3% compared to ¥98,235,276.36 in Q1 2020[53] - Net profit for Q1 2021 was a loss of ¥22,539,117.53, compared to a loss of ¥28,264,900.79 in Q1 2020, showing an improvement of 20.5%[56] - The total comprehensive income for Q1 2021 was a loss of CNY 14,062,521.87, compared to a loss of CNY 6,158,450.43 in Q1 2020[62] Assets and Liabilities - Total assets increased by 7.05% to CNY 3,868,575,975.30 compared to the end of the previous year[18] - Total assets as of the end of the reporting period were ¥2,441,517,291.05, compared to ¥2,360,573,620.22 at the same time last year, an increase of 3.4%[51] - Current liabilities rose to $2,050,593,789.62, up from $1,776,993,607.23, indicating an increase of about 15.36%[44] - Total liabilities reached $2,507,923,026.68, up from $2,233,065,199.00, marking an increase of approximately 12.29%[44] - The company's total equity decreased to ¥1,232,527,958.70 from ¥1,246,590,480.57, a decline of 1.1%[53] Cash Flow - The net cash flow from operating activities improved by 19.94%, amounting to CNY -135,091,586.03[18] - The net cash flow from operating activities was a negative CNY 135,091,586.03 in Q1 2021, compared to a negative CNY 168,729,773.31 in Q1 2020[63] - The total cash outflow from operating activities was 395,389,489.20, compared to 257,920,998.48 in Q1 2020, indicating increased operational expenses[70] - The cash inflow from sales of goods and services was 185,073,483.41, an increase from 177,739,756.85 in the previous year[70] Research and Development - Research and development expenses accounted for 20.14% of operating revenue, a decrease of 0.95 percentage points from the previous year[20] - Research and development expenses increased to ¥25,382,565.33 in Q1 2021, up from ¥20,715,858.08 in Q1 2020, representing a growth of 22.5%[56] - Research and development expenses increased to CNY 21,085,602.58 in Q1 2021, up from CNY 13,241,164.85 in Q1 2020, reflecting a 59.5% increase[62] - The company plans to continue investing in R&D to drive future growth and innovation[56] Shareholder Information - The total number of shareholders at the end of the reporting period was 8,967[22] - The largest shareholder, Anshan Haikang Enterprise Management Service Center, holds 19.55% of the shares[22] Other Financial Metrics - The weighted average return on net assets increased by 2.76 percentage points to -1.65%[18] - Financial expenses decreased by 65.85% to ¥770,829.58 from ¥2,257,218.99, mainly due to exchange rate fluctuations[34] - The company reported a significant decrease in other operating expenses by 96.37% to ¥39,205.48 from ¥1,080,385.84, attributed to last year's pandemic donations[34]