HAND(SZ:300170)2021-04-28 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥653,566,450.78, representing a 10.90% increase compared to ¥589,325,380.28 in the same period last year[8]. - The net profit attributable to shareholders for Q1 2021 was ¥17,759,893.76, a significant increase of 46.40% from ¥12,130,733.38 in the previous year[8]. - The basic earnings per share for Q1 2021 was ¥0.0203, up 47.10% from ¥0.0138 in the previous year[8]. - The diluted earnings per share for Q1 2021 was ¥0.0182, an increase of 31.88% from ¥0.0138 in the same period last year[8]. - The total operating revenue for the current period reached ¥585,454,422.15, an increase from ¥532,841,102.65 in the previous period, representing a growth of approximately 9.3%[64]. - Net profit attributable to shareholders of the parent company increased to ¥17,759,893.76 from ¥12,130,733.38, reflecting a growth of approximately 46.5%[59]. - Basic earnings per share rose to ¥0.0203 from ¥0.0138, reflecting an increase of about 47.8%[63]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,008,964,768.18, a decrease of 4.00% from ¥5,217,577,254.22 at the end of the previous year[8]. - The total assets decreased from 5,217,577,254.22 to 5,008,964,768.18, reflecting a reduction of about 4.00%[40]. - Current liabilities totaled CNY 1,202,476,707.03, down from CNY 1,421,692,346.24, indicating a reduction of approximately 15.4%[53]. - Non-current liabilities increased to CNY 788,052,006.64 from CNY 765,267,071.39, showing a rise of about 3.7%[53]. - The total liabilities decreased to CNY 1,990,528,713.67 from CNY 2,186,959,417.63, a decline of approximately 8.9%[53]. - The company's total equity remained stable at 3,303,835,860.04 yuan after the adjustment[87]. Cash Flow - The net cash flow from operating activities for Q1 2021 was -¥156,078,131.11, a decrease of 1.70% compared to -¥153,471,273.96 in the same period last year[8]. - Cash inflow from operating activities totaled 785,402,839.19 CNY, slightly up from 769,865,487.10 CNY year-over-year[75]. - Net cash flow from investment activities was -82,825,019.91 CNY, worsening from -27,765,604.97 CNY year-over-year[75]. - Net cash flow from financing activities was -70,819,374.26 CNY, compared to 167,624,056.86 CNY in the prior year[77]. - The company's cash and cash equivalents decreased from 2,050,485,816.83 to 1,745,097,098.62, a decline of approximately 14.87%[37]. Expenses and Investments - The company's employee compensation payable decreased by 46.31% compared to the beginning of the period, mainly due to the payment of the 2020 year-end bonus[20]. - Sales expenses increased by 30.49% year-on-year, attributed to the resumption of normal operations after the pandemic[20]. - Financial expenses rose by 269.68% year-on-year, primarily due to exchange rate fluctuations[20]. - Investment income increased by 248.08% year-on-year, resulting from the disposal gains from the dilution of equity in Shanghai Zhenyi Technology Co., Ltd.[20]. - Research and development expenses rose to ¥56,723,246.99, up from ¥49,873,795.80, marking an increase of about 13.7%[59]. - The company reported a significant investment loss of ¥17,271,148.64, compared to a loss of ¥11,663,728.69 in the previous period[59]. Operational Measures - The company implemented various measures such as remote work and centralized sharing to ensure timely resumption of operations[21]. - The company continued to increase R&D investment in self-developed products and optimized personnel structure to adapt to market demand[21]. - The demand for ERP and related information software continued to grow compared to the same period last year[21]. Fundraising and Project Feasibility - The total amount of raised funds is 92,338.23 million, with 23,911.15 million invested in the current quarter and a cumulative investment of 24,746.81 million[25]. - The feasibility of the project based on the enterprise information platform construction is 6.42% completed as of December 31, 2023[25]. - The liquidity fund supplement has a total commitment of 22,338.23 million, with 20,250 million already utilized, representing 90.65% of the planned investment[25]. - The company reported no significant changes in the feasibility of projects or any major changes in the use of raised funds[25]. Accounting Changes - The company implemented the new leasing standard starting January 1, 2021, resulting in an adjustment of 17,509,253.96 yuan in non-current assets[87]. - The total liabilities increased from 1,913,741,394.18 yuan to 1,931,250,648.14 yuan as a result of the adjustment[87]. - The company adopted the new leasing standard from January 1, 2021, impacting the accounting treatment of leases[94]. Audit Status - The first quarter report for 2021 was not audited[95].