SUNYES(SZ:002388)2021-04-29 16:00Revenue and Profitability - Revenue for Q1 2021 reached ¥583,692,579.68, an increase of 39.27% compared to ¥419,101,149.79 in the same period last year[7] - Net profit attributable to shareholders was ¥13,706,996.41, up 44.96% from ¥9,455,835.09 year-on-year[7] - Net profit excluding non-recurring gains and losses was ¥13,362,384.71, reflecting a 50.13% increase from ¥8,900,537.12 in the previous year[7] - Basic earnings per share rose to ¥0.0272, a 44.68% increase compared to ¥0.0188 in the same period last year[7] - Operating revenue rose by 39.27% to ¥583,692,579.68, driven by significant growth in electronic processing business compared to the same period last year[14] - Operating profit for Q1 2021 reached CNY 15,843,668.24, up from CNY 9,155,279.18 in the same period last year, indicating a growth of approximately 73.4%[36] - Net profit for Q1 2021 was CNY 8,757,708.50, compared to CNY 5,728,885.54 in the previous year, reflecting a year-over-year increase of about 53.0%[36] - The total profit for Q1 2021 was CNY 16,174,923.05, compared to CNY 9,273,100.02 in the same period last year, representing an increase of approximately 74.5%[36] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,690,852,115.79, representing a 9.48% increase from ¥2,457,955,332.93 at the end of the previous year[7] - Current liabilities increased to CNY 1.36 billion from CNY 1.15 billion, representing a rise of about 18.1%[28] - The total liabilities increased to CNY 1.39 billion from CNY 1.16 billion, marking an increase of around 19.4%[28] - Total liabilities amounted to CNY 1,164,692,764.94, with current liabilities at CNY 1,154,797,810.28[52] - Total equity reached CNY 1,293,262,567.99, including CNY 1,207,720,005.64 attributable to shareholders of the parent company[52] Cash Flow - The net cash flow from operating activities was negative at -¥367,759,230.76, worsening by 163.03% compared to -¥139,816,242.24 in the same period last year[7] - Cash inflow from operating activities was CNY 594,295,289.75, compared to CNY 569,113,123.15 in the previous year, showing a growth of approximately 4.4%[43] - The net cash flow from operating activities was -367,759,230.76 CNY, compared to -139,816,242.24 CNY in the previous period, indicating a decline in operational cash generation[44] - Total cash inflow from financing activities amounted to 518,000,000.00 CNY, an increase from 372,328,175.00 CNY in the prior period[45] - The cash outflow from investing activities was 387,826.01 CNY, significantly lower than 9,977,308.19 CNY in the previous period, reflecting reduced investment expenditures[44] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,003[10] - The largest shareholder, Shenzhen Xindida Electronics Group Co., Ltd., held 42.07% of the shares, amounting to 211,941,873 shares[10] Expenses and Investments - Research and development expenses increased by 57.15% to ¥3,329,484.67, reflecting enhanced investment in product development[15] - The company reported a significant reduction in financial expenses by 134.08% to ¥2,885,156.64, linked to increased short-term working capital loans[15] - The company incurred 32,797,560.51 CNY in employee payments, up from 27,831,722.92 CNY, reflecting higher labor costs[44] Other Financial Metrics - The company reported a weighted average return on equity of 1.13%, up from 0.79% in the previous year[7] - Cash and cash equivalents decreased by 14.82% to ¥725,428,287.91 from ¥851,607,220.79[14] - Accounts receivable increased by 57.05% to ¥950,892,729.38, primarily due to revenue growth and changes in sales and collection cycles[14] - Contract liabilities surged by 248.43% to ¥29,752,756.87, attributed to increased advance payments with revenue growth[14] - The company did not engage in any securities or derivative investments during the reporting period[18][19]