Yongmaotai(605208)2021-04-25 16:00Financial Performance - Net profit attributable to shareholders surged by 635.15% to CNY 67,038,008.71 from CNY 9,118,988.04 year-on-year[5] - Operating revenue rose by 76.92% to CNY 729,159,415.44 compared to CNY 412,141,282.88 in the same period last year[5] - Basic earnings per share increased by 700% to CNY 0.48 from CNY 0.06 year-on-year[5] - The company achieved an investment income of RMB 18,772,975.38, compared to a loss of RMB 2,275,353.88 in the same period last year[14] - The company reported an operating profit of ¥88,404,600.87 for Q1 2021, compared to ¥17,778,029.52 in Q1 2020, representing a growth of 396.5%[23] - The company reported a total comprehensive income of ¥35,615,686.74 for Q1 2021, significantly higher than ¥9,021,923.48 in Q1 2020[26] Assets and Liabilities - Total assets increased by 17.94% to CNY 2,647,822,790.01 compared to the end of the previous year[5] - Cash and cash equivalents increased by 521.76% to RMB 400,245,644.38 from RMB 64,373,175.59 as of December 31, 2020[16] - Total liabilities decreased to ¥223,060,168.86 in Q1 2021 from ¥320,891,879.68 in Q4 2020, reflecting a reduction of 30.5%[21] - The total equity attributable to shareholders rose to ¥1,385,567,961.16, compared to ¥787,157,918.07 at the end of 2020, an increase of 76.0%[21] Cash Flow - Net cash flow from operating activities decreased by 47.55% to CNY 49,073,556.66 compared to CNY 93,570,190.22 in the previous year[5] - Cash flow from operating activities for Q1 2021 was ¥49,073,556.66, down from ¥93,570,190.22 in Q1 2020[29] - The company generated cash inflows from operating activities totaling ¥756,450,326.76 in Q1 2021, compared to ¥576,322,638.72 in Q1 2020[29] - The company’s financing activities generated a net cash inflow of ¥296,133,506.91 in Q1 2021, compared to a net outflow of ¥27,551,477.62 in Q1 2020[30] - The net cash flow from investing activities was -386,666,287.33 RMB in Q1 2021, compared to -2,641,164.47 RMB in Q1 2020[33] Shareholder Information - The total number of shareholders reached 27,726 at the end of the reporting period[10] - The top shareholder, Xu Hong, holds 30.91% of the shares, totaling 58,112,773 shares[10] Other Financial Metrics - The weighted average return on equity increased by 4.4 percentage points to 5.25%[5] - Non-recurring gains and losses totaled CNY 21,542,677.30 for the reporting period[8] - The company received government subsidies amounting to CNY 3,592,658.63 related to its normal business operations[7] - Research and development expenses for Q1 2021 were ¥10,650,840.71, up 91.5% from ¥5,563,079.45 in Q1 2020[23] - The increase in gross profit margin was attributed to higher sales volume and improved margins in the aluminum alloy and automotive parts businesses[14]