ZZDC(SZ:000753)2021-04-23 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥641,184,465.39, representing a 32.13% increase compared to ¥485,282,593.14 in the same period last year[7]. - The net profit attributable to shareholders was ¥33,122,802.32, a 2.97% increase from ¥32,168,014.86 year-on-year[7]. - The basic earnings per share for the period was ¥0.0334, reflecting a 3.09% increase from ¥0.0324 in the same period last year[7]. - The net profit for the first quarter of 2021 was CNY 33,368,554.28, an increase from CNY 32,460,653.45 in the same period last year, representing a growth of approximately 2.8%[35]. - The total profit for the first quarter was CNY 42,097,714.05, compared to CNY 37,348,335.48 in the previous year, indicating an increase of about 12.4%[35]. - The company's operating profit for the first quarter was CNY 41,439,808.86, an increase from CNY 37,149,637.94 in the same period last year, representing a growth of about 8.5%[35]. - The company reported a net profit of CNY 56,523,771.39 for Q1 2021, compared to CNY 6,996,718.69 in Q1 2020, indicating a significant increase in profitability[34]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥400,624,581.01, a significant decrease of 967.24% compared to a positive cash flow of ¥46,195,522.05 in the previous year[7]. - Cash inflow from financing activities increased by 91.45% to CNY 824.34 million, compared to CNY 430.58 million in the previous period[15]. - Operating cash inflow totaled CNY 787,055,615.54, an increase of 7.4% compared to CNY 732,511,715.49 in the previous period[41]. - Net cash flow from operating activities was negative at CNY -400,624,581.01, a significant decline from CNY 46,195,522.05 in the previous period[41]. - Cash inflow from loans received was CNY 807,272,313.10, compared to CNY 373,060,068.70 in the previous period[42]. - Total cash and cash equivalents at the end of the period were CNY 622,722,807.26, down from CNY 985,638,036.71 in the previous period[42]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,299,236,061.97, up 2.85% from ¥7,096,887,426.61 at the end of the previous year[7]. - The company's total liabilities increased to CNY 4,693,268,215.01 in Q1 2021, compared to CNY 4,525,995,682.45 in Q4 2020, representing a rise of 3.7%[28]. - The company's equity attributable to shareholders rose to CNY 2,497,412,628.86 in Q1 2021 from CNY 2,462,582,278.02 in Q4 2020, an increase of 1.4%[29]. - The company’s total liabilities included short-term borrowings of CNY 656,385,562.41[47]. - Total liabilities amounted to CNY 4,525,995,682.45, with current liabilities at CNY 3,046,568,857.12 and non-current liabilities at CNY 1,479,426,825.33[49]. Shareholder Information - The top shareholder, Fujian Zhanglong Group Co., Ltd., holds 27.55% of the shares, totaling 273,180,885 shares[10]. - The total number of ordinary shareholders at the end of the reporting period was 57,685[10]. Investment and Future Plans - The company plans to focus on "green smart city construction" and aims to become a leading urban operation service provider[16]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[34]. Other Financial Metrics - The weighted average return on net assets was 1.34%, slightly down from 1.36% in the previous year[7]. - The company reported a significant other comprehensive income of CNY 1,707,548.52, recovering from a loss of CNY -46,693,407.56 in the previous year[36]. - The tax expense for the first quarter was CNY 8,729,159.77, compared to CNY 4,887,682.03 in the previous year, indicating an increase of approximately 78.5%[35]. - The company reported a credit impairment loss of CNY -20,483,203.92, worsening from CNY -16,003,488.35 year-over-year[35].