ZYD(SH:900906)2021-04-29 16:00Financial Performance - Operating income for the period was CNY 335,115,081.11, representing a growth of 39.23% year-on-year[6] - Net profit attributable to shareholders of the listed company surged by 359.04% to CNY 22,763,603.83[6] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 526.45% to CNY 18,068,753.00[6] - Basic and diluted earnings per share were CNY 0.0212, an increase of 360.87% compared to the previous year[6] - Total revenue for Q1 2021 reached ¥335,115,081.11, a 39.23% increase compared to Q1 2020, driven by higher production and sales prices[13] - Net profit for Q1 2021 was ¥22,763,603.83, reflecting a significant increase of 359.04% year-over-year due to substantial growth in product sales[13] - Operating profit for Q1 2021 was ¥22,887,612.17, compared to ¥7,561,535.12 in the same period last year, indicating an increase of about 202%[27] - The total profit for Q1 2021 was ¥27,279,529.49, significantly higher than ¥7,519,999.88 in Q1 2020, indicating an increase of about 262%[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,369,465,401.64, a decrease of 1.80% compared to the end of the previous year[6] - Total liabilities as of March 31, 2021, amounted to CNY 1,256,705,589.39, a decrease of 3.7% from CNY 1,304,616,299.44 at the end of 2020[22] - Total assets reached CNY 806,203,421.81, showing a marginal increase from CNY 805,358,052.99 at the end of 2020[23] - The company’s total liabilities increased to 1,270,036,483.82 RMB in Q1 2021, compared to 1,185,091,051.10 RMB at the end of 2020, indicating a rise in financial obligations[40] - Total liabilities amounted to ¥1,304,616,299.44, with a slight decrease of ¥1,129,856.70 compared to the previous period[41] - Non-current liabilities totaled ¥720,894,040.44, showing an increase of ¥1,129,856.70[45] Cash Flow - The company reported a net cash flow from operating activities of CNY 4,643,418.86, a decrease of 90.18% compared to the previous year[6] - Operating cash flow for Q1 2021 was ¥4,643,418.86, down 90.18% compared to the previous year, mainly due to prepayments for raw materials[13] - Cash flow from operating activities for Q1 2021 was ¥4,643,418.86, down from ¥47,298,375.83 in Q1 2020, indicating a decline of approximately 90.2%[33] - The company reported a net cash outflow from investing activities of ¥3,299,001.54 in Q1 2021, compared to ¥1,350,632.86 in Q1 2020, representing an increase of approximately 143%[33] - The financing activities generated a net cash flow of -5,751,496.98 RMB in Q1 2021, compared to a positive cash flow of 236,993,395.76 RMB in the same period last year[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 53,629[10] - The top ten shareholders held a total of 260,000,000 shares, accounting for 24.27% of the total shares[10] Research and Development - Research and development expenses decreased by 45.45% to ¥2,333,149.35, indicating a reduction in R&D activities[13] - Research and development expenses for Q1 2021 totaled ¥2,333,149.35, a decrease from ¥4,276,834.08 in Q1 2020, reflecting a reduction of approximately 45.5%[27] Company Strategy - The company plans to focus on market expansion and new product development in the upcoming quarters[26] - The company is actively monitoring the asset disposal progress of its subsidiary, ensuring compliance with commitments to protect shareholder interests[15]