DDN(002263)2021-04-28 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥380,576,153.42, representing a 37.39% increase compared to ¥277,014,239.95 in the same period last year[8] - Net profit attributable to shareholders reached ¥47,969,296.83, a significant increase of 583.93% from ¥7,013,800.56 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥46,268,976.02, up 796.89% from ¥5,158,829.35 in the previous year[8] - The company's basic earnings per share rose to ¥0.03, reflecting a 650.00% increase from ¥0.004 in the same period last year[8] - Total operating revenue for Q1 2021 reached ¥380,576,153.42, an increase of 37.4% compared to ¥277,014,239.95 in Q1 2020[35] - Total operating costs for Q1 2021 were ¥325,399,269.79, up 22.3% from ¥265,954,275.35 in the same period last year[36] - Net profit for Q1 2021 was ¥47,969,296.83, compared to ¥7,013,800.56 in Q1 2020, representing a significant increase[37] - The total comprehensive income for the period was ¥7,820,155.88, a notable rise from ¥987,676.13 in the prior year[42] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,780,094,347.11, a 2.37% increase from ¥2,715,614,830.53 at the end of the previous year[8] - As of March 31, 2021, the company's total assets amounted to 2.78 billion yuan, an increase from 2.72 billion yuan at the end of 2020[27][28] - The company's total assets as of March 31, 2021, amounted to ¥2,904,209,483.49, an increase from ¥2,872,373,399.93 at the end of 2020[33] - The company's total liabilities increased to approximately 327.1 million yuan from 310.5 million yuan at the end of 2020[29] - The total liabilities as of March 31, 2021, were ¥568,764,879.39, compared to ¥544,748,951.71 at the end of 2020, showing a slight increase[33] Cash Flow - Cash flow from operating activities showed a net outflow of ¥5,941,222.78, an improvement of 44.51% compared to a net outflow of ¥10,706,006.40 in the previous year[8] - The net cash flow from operating activities was negative at -¥5,941,222.78, an improvement from -¥10,706,006.40 in the previous period[45] - Cash and cash equivalents at the end of the period stood at ¥705,876,545.08, compared to ¥360,186,297.97 at the end of the previous period[46] - Operating cash inflow for the current period was $115.95 million, compared to $43.34 million in the previous period, representing a growth of 167%[48] - Net cash flow from operating activities was $11.35 million, up from $3.61 million, indicating a significant increase of 214%[48] - Cash inflow from investment activities totaled $99.40 million, compared to $24.37 million in the previous period, marking an increase of 308%[49] - Cash and cash equivalents at the end of the period reached $99.32 million, compared to $16.58 million at the end of the previous period, showing a growth of 499%[49] Accounts Receivable and Inventory - Accounts receivable increased by 32.25% compared to the beginning of the year, primarily due to increased sales[14] - Accounts receivable increased to approximately 103.1 million yuan, up from 77.9 million yuan at the end of 2020, indicating improved sales performance[27] - Inventory rose to approximately 201.5 million yuan, compared to 167.5 million yuan at the end of 2020, reflecting increased production or stockpiling[27] - Accounts receivable rose to ¥10,382,019.73, up from ¥7,997,227.72, indicating a growth of 30.0%[32] - Inventory levels increased to ¥43,326,018.64 from ¥28,497,484.35, representing a growth of 52.1%[32] Research and Development - Research and development expenses rose by 47.72% year-on-year, indicating increased investment in research[14] - Research and development expenses were not specified, indicating potential areas for future investment and growth[40] Corporate Developments - The company received the "High-tech Enterprise Certificate" from relevant authorities, allowing it to enjoy a corporate income tax rate of 15% for three years[15] - The company reported a 100% reduction in asset impairment losses, as there were no provisions for inventory depreciation during the period[14] - The company disclosed the use of up to 500 million yuan of its own funds to purchase financial products to improve capital efficiency and increase returns, with individual investment periods not exceeding 12 months[15] Financial Reporting - The financial report for the first quarter was not audited, which may affect the reliability of the reported figures[50] - The company implemented new leasing standards starting in 2021, but this did not apply to the current financial report[50] - The company did not engage in any significant external guarantees or financial trust during the reporting period[21][22] - There were no overdue commitments from major shareholders or related parties during the reporting period[21][22] - The company reported no significant changes in its financial investments or derivative investments during the reporting period[18][19]