DHGF(600257)2021-04-29 16:00Financial Performance - Operating revenue for the first quarter reached CNY 267,767,402.54, a 48.59% increase year-on-year[6] - Net profit attributable to shareholders decreased by 26.48% to CNY 3,576,505.86 compared to the same period last year[6] - Basic earnings per share fell by 26.73% to CNY 0.0074[6] - Operating revenue for Q1 2021 reached CNY 267,767,402.54, an increase of 48.59% compared to CNY 180,200,925.38 in the same period last year[13] - Operating profit for Q1 2021 was ¥10,303,240.26, compared to ¥8,920,009.02 in Q1 2020, reflecting a growth of 15.5%[25] - Net profit for Q1 2021 was ¥9,710,054.34, up 107.3% from ¥4,665,531.63 in Q1 2020[25] - Operating revenue for Q1 2021 was CNY 34,348,574.62, an increase of 30.2% compared to CNY 26,397,505.53 in Q1 2020[27] - Operating profit for Q1 2021 was a loss of CNY 14,271,435.99, compared to a loss of CNY 3,888,483.54 in Q1 2020[27] - Net profit for Q1 2021 was a loss of CNY 14,259,962.33, worsening from a loss of CNY 6,792,024.43 in Q1 2020[28] Assets and Liabilities - Total assets increased by 15.89% to CNY 2,281,215,730.99 compared to the end of the previous year[6] - The company reported a total asset increase to CNY 2,281,215,730.99 as of March 31, 2021, up from CNY 1,968,514,403.28 at the end of 2020[16] - Total liabilities increased to CNY 993,355,699.57 from CNY 669,327,720.34, indicating a rise in financial obligations[17] - Total assets as of March 31, 2021, amounted to ¥1,766,406,344.27, an increase from ¥1,632,143,258.27 at the end of 2020[22] - Total liabilities increased to ¥629,678,878.55 in Q1 2021 from ¥481,056,281.04 in Q4 2020[21] - Current assets totaled ¥601,959,271.36 as of March 31, 2021, compared to ¥590,197,508.51 at the end of 2020[20] - The company reported a decrease in net assets attributable to shareholders by 0.78% to CNY 1,154,406,644.63 compared to the end of the previous year[6] - Total liabilities amounted to CNY 669,327,720.34, with a significant increase of CNY 212,456,305.02 compared to the previous period[37] Cash Flow - Net cash flow from operating activities improved by 66.02%, reaching CNY -30,137,168.38[6] - Net cash flow from operating activities was CNY 94,862,831.62, a significant improvement from a negative cash flow of CNY -88,696,860.01 in Q1 2020, representing a 206.95% increase[13] - Cash flow from operating activities in Q1 2021 was a net outflow of CNY 30,137,168.38, an improvement from a net outflow of CNY 88,696,860.01 in Q1 2020[30] - Cash inflow from financing activities was CNY 274,200,000.00, significantly higher than CNY 50,000,000.00 in Q1 2020[34] - Net cash flow from financing activities improved to CNY 177,735,737.48, compared to -CNY 9,662,846.38 in the previous year[34] Shareholder Information - The total number of shareholders reached 55,882 at the end of the reporting period[10] - The largest shareholder, Tibet Hongshan Technology Development Co., Ltd., holds 21.74% of the shares[10] Other Financial Metrics - The weighted average return on equity decreased by 0.11 percentage points to 0.31%[6] - Non-recurring gains and losses included government subsidies of CNY 2,026,087.80[6] - Financial expenses surged by 531.29% to CNY 8,104,084.30, attributed to increased borrowing[13] - Deferred tax assets rose by 138.36% to CNY 12,081,494.89, reflecting the implementation of new leasing standards[13] - The company incurred interest expenses of CNY 8,220,767.50 in Q1 2021, significantly higher than CNY 2,662,846.38 in Q1 2020[27] - Research and development expenses were reported as CNY 0.00 for both Q1 2021 and Q1 2020, indicating no investment in R&D during this period[27]