DBG(SZ:300735)2021-04-22 16:00Financial Performance - The company's revenue for Q1 2021 was ¥516,891,128.15, representing a 27.18% increase compared to ¥406,436,169.22 in the same period last year[9] - Net profit attributable to shareholders for Q1 2021 was ¥22,447,345.09, a 6.80% increase from ¥21,019,082.77 year-on-year[9] - The net profit after deducting non-recurring gains and losses decreased by 53.91% to ¥5,926,546.67 from ¥12,858,200.00 in the previous year[9] - Basic and diluted earnings per share decreased by 35.53% to ¥0.0294 from ¥0.0456 year-on-year[9] - The company reported a net profit of CNY 842,322,075.09, up from CNY 819,874,730.00, indicating a growth of approximately 2.9%[60] - The company achieved a comprehensive income total of ¥29,978,190.97, compared to ¥11,423,239.51 in the previous period, indicating a growth of 162.5%[77] Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥94,180,036.50, a decline of 192.05% compared to ¥102,311,539.93 in the same period last year[9] - Cash flow from operating activities was CNY -94,180,036.50, down from CNY 102,311,539.93 in the previous year, reflecting a negative cash flow situation[88] - The company incurred a total cash outflow from operating activities of CNY 477,961,436.39, compared to CNY 563,025,598.66 in the previous year[88] - Cash and cash equivalents at the end of the period were CNY 572,272,561.39, down from CNY 279,884,685.10 at the end of the previous year[90] - The cash inflow from investment activities was CNY 1,027,289,914.91, slightly lower than CNY 1,044,099,780.31 in the same period last year[88] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,148,702,199.36, an increase of 3.40% from ¥4,979,457,150.15 at the end of the previous year[9] - Current liabilities rose to CNY 671,396,319.85, compared to CNY 559,014,061.43, indicating an increase of approximately 20.1%[57] - Total liabilities reached CNY 769,655,674.78, up from CNY 635,717,419.17, marking an increase of around 21%[57] - Total assets increased to CNY 5,148,702,199.36, up from CNY 4,979,457,150.15, representing a growth of approximately 3.5%[60] - Non-current liabilities rose from $76,703,357.74 to $100,922,622.68, an increase of about 31.5%[100] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,471[14] - The largest shareholder, Guanghong Investment Co., Ltd., held 51.08% of the shares, totaling 395,691,660 shares[14] - The total number of restricted shares decreased from 19,479,993 to 14,929,161 after 4,550,832 shares were released from restrictions[21] Investment and Expenditures - The company has committed to investing RMB 236,726 million in various projects, with a progress rate of 6.06%[36] - The company has utilized RMB 158,000 million of idle raised funds to purchase structured deposits, leaving RMB 89,247,731.35 million for future project funding[40] - The company has pre-invested RMB 68,917.74 million in projects before the actual raised funds were in place[38] - Research and development expenses increased to ¥21,573,143.72, up from ¥17,870,398.84, representing a growth of 20.0%[71] Non-Recurring Items - The company reported non-recurring gains of ¥16,520,798.42 during the reporting period[9] - Other income grew by 77.84% to ¥3,416,847.54 due to more government subsidies recognized compared to the previous year[27] Financial Stability - The company’s total liabilities increased, impacting its financial stability and future investment capabilities[87] - The company's total equity remained stable at $4,343,739,730.98, with no significant changes reported[100] Accounting and Reporting - The first quarter report for 2021 was not audited, indicating preliminary financial results[108] - The company has chosen not to reassess existing contracts under the new leasing standards, impacting the cumulative effect on retained earnings as of January 1, 2021[107]