HES(SZ:002963)2021-04-28 16:00Financial Performance - The company's revenue for Q1 2021 was ¥202,487,316.78, representing an increase of 88.08% compared to ¥107,663,017.71 in the same period last year[8]. - Net profit attributable to shareholders was ¥16,058,469.27, up 45.67% from ¥11,023,753.60 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥14,194,219.68, an increase of 81.92% compared to ¥7,802,424.76 in the previous year[8]. - The basic earnings per share rose to ¥0.11, reflecting a growth of 57.14% from ¥0.07 in the same period last year[8]. - Total operating revenue for Q1 2021 reached ¥202,487,316.78, a significant increase of 87.9% compared to ¥107,663,017.71 in the same period last year[45]. - Total comprehensive income for the first quarter was CNY 16,137,136.26, compared to CNY 10,860,181.50 in the previous period, representing an increase of approximately 48.5%[52]. Operating Activities - The net cash flow from operating activities improved significantly to -¥2,020,275.13, a 96.71% increase compared to -¥61,445,684.47 in the same period last year[8]. - Cash inflow from operating activities totaled CNY 203,654,586.94, down from CNY 312,980,470.52, indicating a decrease of about 34.9%[55]. - Cash outflow from operating activities was CNY 205,674,862.07, compared to CNY 374,426,154.99 in the previous period, a reduction of approximately 45.0%[55]. - The company reported a net decrease in cash and cash equivalents of CNY 423,928,744.07, an improvement from a decrease of CNY 876,614,601.57 in the prior year[56]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,164,069,151.19, a slight increase of 1.34% from ¥2,135,553,230.48 at the end of the previous year[8]. - Total liabilities as of March 31, 2021, were ¥492,273,688.02, compared to ¥478,997,820.74 at the end of 2020, showing an increase of approximately 2.4%[38]. - The total equity attributable to shareholders increased to ¥1,671,795,463.17 from ¥1,656,555,409.74, which is an increase of about 0.9%[39]. - Total liabilities increased to ¥499,771,761.79, up from ¥486,481,211.10, while total equity rose to ¥1,679,238,688.79 from ¥1,663,919,968.37[46]. Investment and Expenses - Investment income rose to ¥2,173,436.43, a 276.59% increase from ¥577,133.63 in the previous period, mainly due to higher interest income from bank wealth management products[20]. - The company reported a significant increase in tax and additional charges, totaling ¥549,484.76, up 338.78% from ¥125,231.48, attributed to increased project completion and taxable items[19]. - Research and development expenses were reported at ¥6,469,363.57, slightly up from ¥6,206,439.12 year-over-year[46]. - The financial expenses decreased by 77.20% to -¥493,813.90, compared to -¥2,165,854.01 in the previous period, primarily due to increased purchases of bank wealth management products[19]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,457, indicating a stable shareholder base[12]. - The company did not report any non-recurring gains or losses that were reclassified as regular gains or losses during the reporting period[10]. Future Outlook - The company anticipates potential losses or significant changes in net profit for the period from January to June 2021, due to various operational challenges[28]. - The company continues to focus on market expansion and product development, as indicated by the increase in operating revenue and investment income[45][46].