Runjian (SZ:002929)2021-04-29 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥1,188,644,350.51, representing a 79.77% increase compared to ¥661,219,051.37 in the same period last year[10] - Net profit attributable to shareholders was ¥69,129,547.37, up 69.76% from ¥40,722,889.11 year-on-year[10] - The net profit after deducting non-recurring gains and losses was ¥68,516,773.55, reflecting a 71.20% increase from ¥40,022,061.57 in the previous year[10] - The basic earnings per share increased to ¥0.31, a rise of 72.22% compared to ¥0.18 in the same period last year[10] - The total profit for the current period was ¥82,705,396.28, which is a 85.0% increase from ¥44,657,148.56 in the previous period[82] - The total comprehensive income for the current period was ¥68,776,451.12, compared to ¥36,864,343.67 in the previous period, reflecting an increase of 86.6%[82] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,033,181,747.19, a 1.37% increase from ¥6,938,337,297.51 at the end of the previous year[10] - The net assets attributable to shareholders increased to ¥3,303,232,388.07, up 2.22% from ¥3,231,369,495.63 at the end of the previous year[10] - The company's total assets as of March 31, 2021, were CNY 6,557,872,597.85, compared to CNY 6,530,448,932.00 at the end of 2020, showing a slight growth in asset base[71] - The total liabilities decreased to CNY 3,268,059,704.79 from CNY 3,312,933,299.06, indicating improved financial stability[71] - The company's equity increased to CNY 3,289,812,893.06 from CNY 3,217,515,632.94, reflecting retained earnings and overall financial health[71] Cash Flow - The net cash flow from operating activities was negative at -¥408,342,463.62, a significant decrease of 608.01% compared to ¥80,381,170.77 in the same period last year[10] - The company's financing activities generated a net cash flow of ¥161,312,286.51, a significant turnaround from -¥153,390.90 in the previous period[29] - Cash inflow from operating activities was CNY 1,042,544,165.34, up from CNY 803,851,666.48 in the previous period[97] - The total cash and cash equivalents at the end of the period were CNY 1,540,419,416.90, down from CNY 554,371,380.85 in the previous period[96] Research and Development - Research and development expenses increased by 178.74% to ¥58,362,816.71, up from ¥20,938,194.06, reflecting a significant investment in innovation[28] - The company's research and development expenses rose to ¥49,841,513.17, up 162.9% from ¥18,944,201.63 in the previous period, indicating a strong focus on innovation[83] Investments and Financing - The company made a strategic investment of ¥5.5 million to acquire a 10% stake in Mai Rong Gao Ke, enhancing its portfolio[30] - The company has invested RMB 1,090,000,000.00 from convertible bonds, with a net amount of RMB 1,080,222,985.89 after expenses[40] - Cash inflow from financing activities included CNY 263,000,000.00 from borrowings, with no previous borrowings reported[100] Operational Efficiency - The company reported a net profit margin improvement, with net income figures to be detailed in future reports, indicating positive operational efficiency[75] - The company experienced a significant increase in sales expenses, which rose to ¥36,995,650.70, compared to ¥18,906,901.22 in the previous period, indicating increased marketing efforts[83] Government Support and Awards - The company received government subsidies amounting to ¥1,449,387.92 during the reporting period[10] - The company received multiple project awards, including a contract worth ¥89,188,900 from China Mobile Jiangsu for local network construction services[30]