Cubic(SH:688665)2021-04-29 16:00Financial Performance - Operating revenue surged by 304.58% to CNY 105,291,888.50 year-on-year[7] - Net profit attributable to shareholders reached CNY 32,896,604.91, a staggering increase of 8,037.61% compared to the same period last year[7] - Basic and diluted earnings per share both rose to CNY 0.56, up 5,500.00% from CNY 0.01[7] - The company reported a total profit of CNY 39,027,098.67 for Q1 2021, compared to CNY 90,001.38 in Q1 2020[31] - Net profit for Q1 2021 reached CNY 33,375,334.48, a substantial rise from CNY 288,786.97 in Q1 2020, indicating a growth of approximately 11,517%[31] Assets and Liabilities - Total assets increased by 138.23% to CNY 839,960,363.42 compared to the end of the previous year[7] - The total assets increased significantly, with current assets totaling ¥747,441,894.94 compared to ¥279,769,758.14 at the end of the previous year[22] - Owner's equity reached CNY 714,095,961.14, significantly up from CNY 223,673,204.22, marking an increase of 219.5%[24] - Current liabilities totaled CNY 119,495,152.05, a slight decrease of 0.7% from CNY 122,394,115.98 in the previous period[24] - Non-current liabilities amounted to CNY 6,369,250.23, down from CNY 6,523,385.06, indicating a reduction of 2.4%[24] Cash Flow - The net cash flow from operating activities increased by 48.42% to CNY 9,269,020.88[7] - The company's cash inflow from operating activities in Q1 2021 was CNY 104,889,126.27, a significant increase of 125.5% compared to CNY 46,503,650.82 in Q1 2020[37] - The net cash flow from operating activities for Q1 2021 was CNY 9,269,020.88, up 48.5% from CNY 6,245,206.69 in Q1 2020[37] - The company reported a net cash flow from investing activities of -CNY 21,603,984.53 in Q1 2021, compared to -CNY 348,804.04 in Q1 2020[38] - Cash inflow from financing activities in Q1 2021 was CNY 458,762,412.74, with a net cash flow of CNY 458,534,037.74 after accounting for cash outflows[38] Research and Development - R&D expenses as a percentage of operating income decreased by 3.01 percentage points to 6.34%[7] - Research and development expenses for Q1 2021 totaled CNY 6,675,172.09, up from CNY 2,433,297.79 in Q1 2020, reflecting an increase of about 174%[31] - Research and development expenses rose to ¥6,675,172.09, a 174.33% increase from ¥2,433,297.79, reflecting increased R&D personnel costs[16] Shareholder Information - The total number of shareholders reached 4,106 by the end of the reporting period[12] - The top shareholder, Wuhan Youhui Technology Co., Ltd., holds 45.00% of the shares[12] Other Financial Metrics - The weighted average return on net assets increased by 8.17 percentage points to 8.43%[7] - The company reported a non-recurring profit of CNY 247,946.64 during the period[10] - The company's financial expenses showed a significant increase, with a net income of -¥1,745,101.36, a 2053.09% increase from -¥81,051.20, mainly due to increased interest income from raised funds[16] - The company experienced a credit impairment loss of CNY -271,621.87 in Q1 2021, compared to a gain of CNY 724,733.45 in Q1 2020[31]