LZRJ(SH:688588)2021-04-27 16:00Financial Performance - Operating revenue rose by 17.17% to CNY 159,558,283.30 year-on-year[5] - Net profit attributable to shareholders increased by 5.17% to CNY 35,333,933.92 compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was CNY 31,428,155.80, reflecting a 16.15% increase year-on-year[5] - Basic earnings per share decreased by 5.36% to CNY 0.0883[7] - Total operating revenue for Q1 2021 was RMB 159,558,283.30, an increase of 17.1% compared to RMB 136,176,287.49 in Q1 2020[28] - Net profit for Q1 2021 reached RMB 35,212,879.38, representing a 5.3% increase from RMB 33,424,652.55 in Q1 2020[30] - Total profit for Q1 2021 was RMB 38,655,222.65, slightly up from RMB 37,437,249.66 in Q1 2020[30] - Operating profit for Q1 2021 was RMB 38,622,244.15, compared to RMB 37,437,570.18 in Q1 2020, indicating a growth of 3.2%[30] - Comprehensive income for Q1 2021 totaled RMB 34,481,800.53, compared to RMB 33,502,118.26 in Q1 2020, showing an increase of 2.9%[30] Assets and Liabilities - Total assets increased by 1.02% to CNY 1,317,036,303.91 compared to the end of the previous year[5] - The total number of shareholders reached 10,308 by the end of the reporting period[10] - The total liabilities for the company increased significantly, with current liabilities due within one year rising by 182.74% to RMB 4,831,970.06, attributed to the recognition of lease payments under new leasing standards[15] - Total current assets as of March 31, 2021, were RMB 951,285,485.72, slightly down from RMB 953,686,169.12 at the end of 2020[20] - Total liabilities decreased to ¥81,087,199.62 from ¥102,262,227.45, a decline of around 20.7%[22] - Owner's equity increased to ¥1,235,949,104.29 from ¥1,201,467,303.76, representing a growth of about 2.9%[22] - Non-current liabilities totaled ¥10,756,271.52, up from ¥8,690,169.63, indicating an increase of approximately 23.7%[22] Cash Flow - The company reported a net cash flow from operating activities of -CNY 9,323,420.62, an improvement from -CNY 10,914,743.53 in the previous year[5] - Cash inflow from investment activities totaled 463,495,293.63 RMB, significantly higher than 196,188,003.63 RMB in the previous year, showing strong investment recovery[36] - Cash outflow from investment activities was 458,406,422.10 RMB, leading to a net cash inflow of 5,088,871.53 RMB, compared to a net outflow of -135,082,583.14 RMB last year[36] - Total cash inflow from operating activities was 151,772,187.49 RMB, while cash outflow was 161,095,608.11 RMB, resulting in a net cash outflow of 9,323,420.62 RMB[35] - The company recorded a net cash flow from investment activities of 26,330,509.83 RMB, a significant improvement from -124,097,188.47 RMB in the previous year[38] Research and Development - R&D investment accounted for 9.79% of operating revenue, an increase of 0.22 percentage points[7] - Research and development expenses increased to RMB 15,614,244.93 in Q1 2021, up 20% from RMB 13,028,535.21 in Q1 2020[28] Shareholder Information - The top shareholder, Zhang Baoquan, holds 19.86% of the shares, totaling 79,425,226 shares[11] Inventory and Expenses - As of March 31, 2021, the company's inventory increased by 99.88% to RMB 12,164,962.60 compared to RMB 6,086,024.69 on December 31, 2020, primarily due to new domestic business that remains unfinished[14] - The company's prepaid expenses decreased by 31.44% to RMB 1,819,911.69 from RMB 2,654,360.81, mainly due to the implementation of new leasing standards[14] - The company reported a decrease in employee compensation payable by 39.79% to RMB 24,930,347.76, primarily due to the distribution of last year's bonuses[15] Future Outlook - The company has not indicated any significant changes in its future outlook or guidance for the upcoming periods[17]