Azure(SZ:002245)2021-04-28 16:00Financial Performance - The company's revenue for Q1 2021 reached ¥1,463,492,842.30, representing a 115.25% increase compared to ¥679,893,605.95 in the same period last year[9] - Net profit attributable to shareholders was ¥159,634,646.07, a significant increase of 1,508.53% from ¥9,924,284.52 in the previous year[9] - Basic and diluted earnings per share were both ¥0.1579, reflecting a 1,463.37% increase from ¥0.0101 in the same period last year[9] - The company reported a total profit of ¥206,853,309.68, significantly higher than ¥13,720,674.65 in the previous period[67] - Operating profit for the current period was ¥206,148,342.87, compared to ¥13,493,512.25 in the previous period, indicating strong growth[67] Cash Flow - The net cash flow from operating activities was ¥347,917,153.29, up 123.82% from ¥155,447,501.11 year-on-year[9] - Cash inflow from operating activities reached ¥1,464,810,450.04, up from ¥1,053,486,419.64 in the previous period, representing a growth of approximately 39%[83] - Cash outflow from operating activities totaled ¥1,116,893,296.75, compared to ¥898,038,918.53 in the previous period, indicating an increase of about 24%[83] - Net cash flow from operating activities was significantly higher than ¥155,447,501.11 in the previous period, marking a growth of approximately 124%[83] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,560,706,098.74, a 5.53% increase from ¥7,164,401,083.00 at the end of the previous year[9] - The total liabilities decreased to ¥1,738,629,352.29 from ¥2,151,327,758.88, indicating a reduction of about 19.3%[61] - The total non-current assets reached CNY 4,112,464,187.88, an increase from CNY 3,840,986,527.51[48] - The company's long-term borrowings decreased by CNY 177.51 million, a decline of 39.63% due to the repayment of project financing[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 90,135[13] - The largest shareholder, Greenway Limited, held 14.26% of the shares, amounting to 147,725,928 shares[13] - The equity attributable to shareholders of the parent company increased to ¥3,083,038,452.28 from ¥2,588,149,343.80, reflecting a growth of approximately 19.2%[54] Research and Development - Research and development expenses rose by CNY 18.58 million, marking a 63.83% increase compared to the previous year[20] - Research and development expenses amounted to ¥47,677,390.17, compared to ¥29,101,006.21 in the previous period, highlighting increased investment in innovation[67] Government Subsidies and Other Income - The company reported a government subsidy of ¥9,381,539.91 during the reporting period[9] - Other income for the current period was ¥9,381,539.91, a decrease from ¥36,819,342.58 in the previous period[67] Inventory and Accounts Receivable - The company’s accounts receivable decreased by CNY 136.65 million, a decline of 64.72% compared to the beginning of the year[20] - Accounts receivable stood at CNY 1,236,399,685.16, compared to CNY 1,178,216,763.74 in the previous period, indicating a growth of approximately 4.93%[45] - Inventory increased to CNY 1,097,421,575.98 from CNY 1,006,427,719.70, reflecting a rise of about 9.15%[45] Financial Management - Financial expenses for the current period were ¥12,648,879.75, down from ¥22,824,649.21 in the previous period, indicating better cost management[67] - The company reported no significant securities or derivative investments during the reporting period[30][31] Other Information - The company has implemented new leasing standards starting from 2021, but it is not applicable for the current financial report[90] - The chairman of the company is Chen Kai, as noted in the report dated April 28, 2021[93]