XZCE(SZ:002534)2021-04-26 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥984,260,238.07, representing a 6.38% increase compared to ¥925,218,654.38 in the same period last year[9]. - Net profit attributable to shareholders was ¥73,858,827.13, up 13.86% from ¥64,866,910.33 year-on-year[9]. - The net profit after deducting non-recurring gains and losses increased by 44.87%, reaching ¥60,917,453.10 compared to ¥42,050,018.23 in the previous year[9]. - Basic and diluted earnings per share were both ¥0.10, an increase of 11.11% from ¥0.09[9]. - The company reported a net profit of CNY 1,788,725,736.04, up from CNY 1,714,866,908.91[55]. - Net profit for the current period was ¥88,099,528.89, compared to ¥76,245,475.29 in the previous period, reflecting a growth of approximately 15.5%[70]. - Net profit for the current period is ¥42,924,569.53, which is a 16.0% increase from ¥36,728,069.08 in the previous period[78]. - The total comprehensive income for the current period is ¥42,924,569.53, compared to ¥36,728,069.08 in the previous period, reflecting a growth of 16.0%[78]. Cash Flow - The net cash flow from operating activities was negative at -¥245,946,742.70, a decline of 194.06% from ¥261,476,159.57 in the same period last year[9]. - Cash flow from operating activities is ¥1,008,297,345.21, down from ¥1,114,113,284.45, representing a decrease of 9.5%[82]. - The net cash flow from operating activities was -CNY 290,224,211.45, a significant decline compared to CNY 121,517,783.37 in the previous period[89]. - The company reported a total cash outflow from operating activities of CNY 1,021,378,746.50, compared to CNY 631,560,161.73 in the previous period[89]. - The cash flow from sales of goods and services was CNY 708,285,429.62, a decrease from CNY 733,109,264.46 in the prior year[89]. Assets and Liabilities - Total assets at the end of the reporting period were ¥10,375,017,142.36, a decrease of 0.33% from ¥10,409,269,681.16 at the end of the previous year[9]. - The company's total current assets amounted to ¥7,081,727,343.33, a decrease from ¥7,370,653,008.37 as of December 31, 2020, reflecting a decline of approximately 3.9%[46]. - The company's total liabilities were CNY 6,537,585,383.95, down from CNY 6,682,272,599.36[52]. - Total liabilities decreased to ¥4,286,777,773.54 from ¥4,453,385,843.00[62]. - The company's equity increased to CNY 3,837,431,758.41 from CNY 3,726,997,081.80[55]. - The company's total assets decreased to ¥7,630,226,576.73 from ¥7,752,556,700.19[62]. - Current liabilities decreased to CNY 5,593,977,576.06 from CNY 5,833,061,709.32[52]. Expenses - Total operating costs amounted to ¥903,730,016.77, up from ¥835,690,974.35 year-over-year[67]. - Sales expenses increased by 59.36% to ¥32,006,627.51 driven by higher salaries and service fees[21]. - Management expenses rose by 48.25% to ¥77,543,764.36 mainly due to increased salaries and project rectification costs[21]. - Research and development expenses rose to ¥74,628,860.23 from ¥57,527,969.87, indicating a focus on innovation[67]. - The company’s sales expenses increased to ¥23,983,493.31 from ¥12,467,804.30, marking a rise of 92.5%[75]. Investments - The company reported non-operating income of ¥8,927,471.11 from government subsidies closely related to business[9]. - Investment income fell by 54.82% to ¥7,610,729.43 due to reduced financial investment returns[21]. - The company has no significant securities or derivative investments during the reporting period[25][26]. - The company has a long-term investment of ¥441.00 million in equity investments[99]. - The company has maintained a stable interest income of ¥4,454,254.72, significantly higher than ¥1,969,255.78 from the previous period[75]. Shareholder Information - The top shareholder, Xizi Elevator Group Co., Ltd., holds 39.01% of the shares, while the second-largest shareholder, Jinrun (Hong Kong) Co., Ltd., holds 21.89%[13]. - The company did not engage in any repurchase transactions during the reporting period[17]. - The company has no violations regarding external guarantees during the reporting period[38]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[39]. Future Outlook - The company plans to expand its market presence and invest in new technologies in the upcoming quarters[60]. - The company engaged in multiple investor communications discussing operational performance and future strategies during March 2021[42].