ROPEOK(SH:688619)2021-04-23 16:00Financial Performance - Operating revenue rose by 73.73% to RMB 44,671,575.22 compared to the same period last year[5] - Net profit attributable to shareholders was RMB 2,083,109.38, a significant recovery from a loss of RMB 9,781,906.59 in the previous year[5] - The weighted average return on net assets improved to 0.23%, up 2.34 percentage points from -2.11% in the previous year[5] - The company reported a profit total of RMB 421,643.49, a significant turnaround from a loss of RMB 12,628,661.87 in the previous year[18] - Net profit for Q1 2021 was ¥1,387,782.55, a turnaround from a net loss of ¥10,220,634.72 in Q1 2020, indicating a substantial improvement in profitability[34] - Operating profit for Q1 2021 was ¥442,036.73, a significant recovery from an operating loss of ¥12,628,711.87 in the same period last year[33] Assets and Liabilities - Total assets increased by 54.09% to RMB 1,951,006,953.59 compared to the end of the previous year[5] - Total liabilities as of March 31, 2021, were ¥493,474,031.00, down from ¥628,766,478.16 at the end of 2020, reflecting a decrease of approximately 21.5%[25] - The company's total assets reached ¥1,951,006,953.59, up from ¥1,266,124,605.78, marking an increase of about 54.0%[25] - The company's cash and cash equivalents increased by 114.11% to RMB 386,297,161.29 due to funds raised from the initial public offering[14] - The company's total liabilities decreased to ¥487,762,205.22 from ¥606,519,038.02, a reduction of approximately 19.6%[29] Shareholder Information - The total number of shareholders reached 17,288 by the end of the reporting period[10] - The top shareholder, Chen Yanxing, holds 37.80% of the shares, totaling 70,801,353 shares[10] - The total equity attributable to shareholders rose to ¥1,447,429,067.28 from ¥626,558,945.48, indicating a substantial increase of 130.9%[25] - The equity attributable to shareholders rose to ¥1,456,289,551.67, compared to ¥630,359,271.45 at the end of 2020, reflecting an increase of about 131.3%[30] Cash Flow - The net cash flow from operating activities was negative at RMB -124,813,050.48, compared to RMB -82,036,056.74 in the previous year[5] - The company reported a net cash flow from financing activities of RMB 779,119,333.02, a significant increase of 764.21% due to funds raised from the IPO[18] - The total cash flow from operating activities for Q1 2021 was -¥124,813,050.48, worsening from -¥82,036,056.74 in Q1 2020[41] - The cash flow from financing activities generated a net inflow of ¥779,119,333.02 in Q1 2021, a significant increase from ¥90,154,006.10 in Q1 2020[42] Research and Development - Research and development expenses accounted for 17.76% of operating revenue, a decrease of 11.38 percentage points from 29.14%[5] - Research and development expenses for Q1 2021 were ¥7,931,640.04, slightly up from ¥7,491,754.62 in Q1 2020, indicating continued investment in innovation[33] - The intangible assets increased by 73.97% to RMB 6,023,505.83, reflecting new software purchases for research and development[15] Market Activity - The company completed a public offering of 46.83 million shares at a price of RMB 19.31 per share, raising a total of RMB 90,428.73 million[5] - The total number of shares issued in the IPO was 46,830,000 at a price of RMB 19.31 per share, raising a total of RMB 904,287,300.00[19] - The company's capital reserve increased by 350.52% to RMB 992,190,011.93, primarily due to the premium from the IPO[15] - The company plans to continue expanding its market presence and investing in new technologies following the successful IPO[20]