EA(SZ:002183)2021-04-27 16:00Financial Performance - The company's operating revenue for Q1 2021 was CNY 18,675,649,050, representing a 35.41% increase compared to CNY 13,791,681,715 in the same period last year[7]. - Net profit attributable to shareholders was CNY 102,644,676, a significant increase of 341.17% from CNY 23,266,567 in the previous year[7]. - The net cash flow from operating activities reached CNY 739,735,830, marking a 469.90% increase from CNY 129,800,418 in the same period last year[7]. - Basic and diluted earnings per share were both CNY 0.05, up 400% from CNY 0.01 in the previous year[7]. - The weighted average return on equity was 1.70%, an increase of 1.31% compared to 0.39% in the same period last year[7]. - The company reported a total comprehensive income for the quarter of CNY 96,284,499, compared to CNY 60,127,364 in the previous year, indicating overall growth in financial performance[68]. - The net profit for Q1 2021 was CNY 55,917,533, a significant increase from CNY 2,077,879 in Q1 2020, representing a growth of approximately 2,590%[72]. - Operating profit reached CNY 63,239,669, compared to CNY 3,350,568 in the same period last year, indicating a growth of about 1,788%[72]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 41,761,350,551, a decrease of 1.34% from CNY 42,328,425,595 at the end of the previous year[7]. - Total liabilities decreased from ¥34,104,876,720.00 to ¥33,603,066,468.00, a decline of approximately 1.47%[49]. - Total non-current assets decreased from ¥9,272,494,885.00 to ¥9,223,382,030.00, a decline of approximately 0.53%[46]. - The total liabilities increased to CNY 24,782,797,602 from CNY 24,514,278,817, reflecting a growth in financial obligations[64]. - The company's total equity rose to CNY 4,576,281,646, compared to CNY 4,520,235,215 in the previous year, showing a positive trend in shareholder equity[64]. Cash Flow - The net cash flow from operating activities was CNY 739,735,830, a substantial rise from CNY 129,800,418 in Q1 2020[79]. - Cash flow from financing activities showed a net outflow of CNY -1,267,525,250, compared to a net inflow of CNY 1,196,049,934 in the same quarter last year[82]. - The cash inflow from operating activities totaled CNY 25,909,043,476, compared to CNY 18,520,752,516 in the previous year, indicating a growth of approximately 40%[79]. - The net cash flow from investing activities was ¥641,488,215.00, up from ¥507,775,890.00, marking an increase of around 26%[88]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 91,841, with the largest shareholder holding 18.30% of the shares[11]. - Net assets attributable to shareholders increased to CNY 6,078,470,862, reflecting a 1.76% increase from CNY 5,973,449,389 at the end of the previous year[7]. Expenses and Investments - Sales expenses surged by 251.40% to CNY 317,976,106, driven by increased brand operation and marketing costs[25]. - Research and development expenses for the quarter were CNY 2,415,123, up from CNY 1,988,861, indicating an increase in investment in innovation[61]. - The company reported a significant decrease in investment income, down 71.18% to CNY 41,886,655, due to the disposal of equity in a subsidiary in the previous year[25]. Risk Management - The company faced foreign exchange risks in its supply chain management business, utilizing derivative financial instruments to manage these risks[10]. Other Information - The company implemented new leasing standards, resulting in the recognition of right-of-use assets and lease liabilities totaling CNY 289,690,557[25]. - The first quarter report was not audited[102].