ALK(SZ:002940)2021-04-29 16:00Revenue and Profit - The company's revenue for Q1 2021 was CNY 318,879,719.41, representing a 4.28% increase compared to CNY 305,801,306.93 in the same period last year[7] - Net profit attributable to shareholders decreased by 21.56% to CNY 32,782,577.42 from CNY 41,793,775.21 year-on-year[7] - The net profit after deducting non-recurring gains and losses increased by 11.03% to CNY 31,269,592.62 compared to CNY 28,162,927.11 in the previous year[7] - Net profit for Q1 2021 was CNY 36,576,577.16, a decrease from CNY 44,118,468.41 in the same period last year, representing a decline of approximately 17%[43] - Total comprehensive income for the first quarter was CNY 27,436,753.47, compared to CNY 41,876,969.19 in the previous period, indicating a decrease of approximately 34.5%[48] Cash Flow - The net cash flow from operating activities was CNY 52,662,779.65, down 48.91% from CNY 103,085,670.64 in the same period last year[7] - Cash inflow from operating activities totaled CNY 396,086,372.02, a decrease from CNY 418,141,711.73 in the previous year[51] - Cash outflow from operating activities increased to CNY 343,423,592.37, compared to CNY 315,056,041.09 in the previous period, reflecting a rise of approximately 9.0%[51] - Investment activities resulted in a net cash outflow of CNY 42,650,301.10, a significant decrease from a net inflow of CNY 125,806,840.90 in the previous year[51] - The company reported a cash flow from financing activities net outflow of CNY 27,023,620.47, compared to a net inflow of CNY 9,889,031.66 in the previous year[52] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,881,859,623.93, a decrease of 3.03% from CNY 1,940,754,044.72 at the end of the previous year[7] - Current assets totaled CNY 1,316,295,205.04, down from CNY 1,393,396,544.53, indicating a decrease of about 5.55%[33] - Total liabilities decreased to CNY 476,082,970.53 from CNY 562,784,336.85, a decline of around 15.38%[35] - The total liabilities increased to CNY 380,923,351.54 from CNY 378,385,218.39 year-over-year[42] - The company's equity increased to CNY 1,405,776,653.40 from CNY 1,377,969,707.87, an increase of about 2.84%[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,322[10] - The company repurchased 514,900 shares, accounting for 0.54% of total equity, with a total transaction amount of ¥16,976,813[18] - The company plans to use between ¥50 million and ¥100 million for share repurchase, with a maximum price of ¥55.00 per share[17] Operating Costs and Expenses - Operating costs rose by 124.87% to ¥109,763,926.03 primarily due to increased raw material revenue[16] - Research and development expenses for Q1 2021 were CNY 11,344,978.86, slightly up from CNY 10,435,352.69 year-over-year[42] - The company reported a decrease in sales expenses to CNY 144,055,029.38 from CNY 195,476,379.49 in the previous year[42] Non-Recurring Gains and Losses - The company reported non-recurring gains of CNY 1,512,984.80, primarily from government subsidies and other income[8] - The company reported a significant decrease in other income by 88.14% to ¥1,787,010.20 due to reduced government grants[16] - Investment income decreased by 840.62% to -¥3,273,488.22 due to increased losses from joint ventures[16] Other Financial Metrics - Basic and diluted earnings per share decreased by 26.09% to CNY 0.34 from CNY 0.46 year-on-year[7] - The weighted average return on equity was 2.45%, down from 4.24% in the previous year, a decrease of 1.79%[7] - The company has no violations regarding external guarantees during the reporting period[26] - The company did not adjust the beginning balance of the balance sheet for the new leasing standards, indicating no significant impact on financial results[57]