CFMEE(SH:688630)2021-04-22 16:00Financial Performance - Operating income surged by 273.17% to CNY 81,409,797.30 compared to the same period last year[11] - Net profit attributable to shareholders increased by 475.46% to CNY 13,012,367.31 compared to the same period last year[11] - The company reported a significant increase in net profit after deducting non-recurring gains and losses, reaching CNY 12,719,973.01, a 2,153.05% increase compared to the previous year[11] - Basic earnings per share rose by 600.00% to CNY 0.14 compared to the same period last year[11] - Total revenue for Q1 2021 reached ¥81,409,797.30, a significant increase from ¥21,815,685.65 in Q1 2020, representing a growth of approximately 272%[43] - The net profit for Q1 2021 reached 13,012,367.31 CNY, compared to a net profit of 2,261,202.04 CNY in Q1 2020, indicating an increase of about 475.5%[49] - The total profit for Q1 2021 was 14,673,026.65 CNY, compared to 1,603,144.57 CNY in Q1 2020, showing an increase of approximately 817.5%[47] Assets and Liabilities - Total assets increased by 73.72% to CNY 1,081,477,318.94 compared to the end of the previous year[11] - The total assets of the company reached ¥1,081,477,318.94, significantly up from ¥622,525,983.13, reflecting overall growth in financial health[33] - Total liabilities increased to ¥243,512,333.27 in Q1 2021 from ¥213,931,560.72 in Q1 2020, representing a growth of approximately 14%[41] - The total amount of current liabilities was ¥198,078,811.71 in Q1 2021, up from ¥172,006,535.62 in Q1 2020, indicating an increase of approximately 15%[41] Shareholder Information - The total number of shareholders at the end of the reporting period was 26,070[18] - The top shareholder, Cheng Zhuo, holds 30.45% of the shares, totaling 36,787,490 shares[18] Cash Flow - The net cash flow from operating activities improved by 85.22%, reaching CNY -6,513,637.94[11] - Cash inflow from operating activities for Q1 2021 was CNY 67,650,985.33, an increase of 27.7% compared to CNY 53,043,381.81 in Q1 2020[56] - Cash outflow from operating activities for Q1 2021 was CNY 74,163,959.25, a decrease of 23.6% compared to CNY 97,102,739.71 in Q1 2020[60] - Net cash flow from operating activities for Q1 2021 was -CNY 6,512,973.92, an improvement from -CNY 44,059,357.90 in Q1 2020[60] - Cash inflow from financing activities for Q1 2021 was CNY 476,114,453.23, with no prior year comparison available[60] - Net cash flow from financing activities for Q1 2021 was CNY 471,161,330.27, indicating strong financing activity[60] - The net increase in cash and cash equivalents for Q1 2021 was CNY 370,562,355.22, a significant recovery from a decrease of -CNY 37,132,565.68 in Q1 2020[60] - The ending balance of cash and cash equivalents for Q1 2021 was CNY 448,115,700.02, compared to CNY 31,364,037.40 in Q1 2020[60] Research and Development - R&D investment as a percentage of operating income decreased by 25.49% to 12.00%[11] - Research and development expenses for Q1 2021 amounted to ¥9,770,017.29, up from ¥8,179,015.63 in Q1 2020, reflecting a growth of approximately 19%[43] - Research and development expenses for Q1 2021 totaled 9,770,017.29 CNY, up from 8,179,015.63 CNY in Q1 2020, reflecting an increase of approximately 19.4%[49] Financial Position - Net assets attributable to shareholders increased by 105.08% to CNY 837,964,985.67 compared to the end of the previous year[11] - Owner's equity reached ¥837,964,985.67 in Q1 2021, compared to ¥408,594,422.41 in Q1 2020, indicating an increase of about 105%[38] Investment and Expenses - Trading financial assets rose to ¥50,355,426.67, up 115.60% from ¥23,355,426.67, indicating increased investment in financial products[26] - Operating costs surged to ¥49,106,214.55, reflecting a 385.81% increase from ¥10,108,140.49, correlating with higher production expenses[29] - The company's financial expenses for Q1 2021 were -197,429.94 CNY, an improvement from -699,536.61 CNY in Q1 2020, indicating a reduction in financial costs[49] - The company's tax expenses for Q1 2021 were 1,660,659.34 CNY, compared to a tax benefit of -658,057.47 CNY in Q1 2020, reflecting a shift from a tax benefit to a tax expense[49]