QJSL(SH:600283)2021-04-28 16:00Financial Performance - Operating revenue rose by 12.13% to CNY 308,644,396.11 year-on-year[5] - Net profit attributable to shareholders surged by 217.57% to CNY 38,944,787.07 compared to the same period last year[5] - Basic and diluted earnings per share increased by 266.67% to CNY 0.11[5] - Total revenue for Q1 2021 was CNY 308,644,396.11, an increase of 12.1% compared to CNY 275,253,326.92 in Q1 2020[21] - Net profit for Q1 2021 was CNY 55,938,734.88, compared to CNY 26,459,546.84 in Q1 2020, representing a significant increase of 111.4%[21] - The net profit for Q1 2021 reached CNY 50,340,982.22, up from CNY 18,772,055.93 in the same period last year, representing a growth of 167.5%[23] - The total profit for Q1 2021 was CNY 66,779,358.69, significantly higher than CNY 30,870,096.59 in Q1 2020, marking a growth of 116.5%[23] Cash Flow - Net cash flow from operating activities increased by 49.47% to CNY 60,210,779.07[5] - Cash flow from operating activities increased by 49.47% to ¥60,210,779.07, driven by higher cash received from sales of goods and services[10] - The cash flow from operating activities for Q1 2021 was CNY 60,210,779.07, an increase of 49.5% from CNY 40,283,448.39 in Q1 2020[27] - In Q1 2021, the company generated a net cash flow from operating activities of ¥22,155,638.26, a significant improvement compared to a net outflow of ¥2,115,706.47 in Q1 2020[30] - The net cash flow from financing activities was -¥28,465,658.37, compared to -¥7,561,110.30 in the same period last year[31] Assets and Liabilities - Total assets increased by 3.16% to CNY 5,937,615,606.10 compared to the end of the previous year[5] - Current liabilities totaled ¥1,793,074,942.09, compared to ¥1,731,794,320.95 at the end of 2020, indicating a slight increase[14] - Non-current liabilities increased to ¥834,588,790.09 from ¥775,104,638.80, reflecting a rise in long-term borrowings[14] - Total liabilities amounted to CNY 3,209,258,181.01, with current liabilities at CNY 1,731,794,320.95 and non-current liabilities at CNY 1,477,463,860.06[34] - The total equity attributable to shareholders was CNY 1,984,199,581.19, with total equity including minority interests at CNY 2,546,589,940.56[34] Shareholder Information - The total number of shareholders reached 28,186 at the end of the reporting period[7] - The largest shareholder, China Water Investment Co., Ltd., holds 33.55% of the shares[8] Research and Development - R&D expenses rose by 47.51% to ¥2,405,007.13, reflecting increased investment in research and development[10] - Research and development expenses for Q1 2021 were CNY 2,405,007.13, an increase from CNY 1,630,372.88 in Q1 2020, reflecting a growth of 47.3%[21] Investment Income - Investment income surged by 239.06% to ¥5,830,086.98, primarily due to increased equity method investment income[10] - The company reported an investment income of CNY 10,066,955.56 in Q1 2021, recovering from a loss of CNY 981,977.22 in the same period last year[24] Other Financial Metrics - Weighted average return on equity improved by 1.28 percentage points to 1.94%[5] - The company reported non-recurring gains of CNY 4,125,741.97 during the period[6] - The company incurred financial expenses of CNY 7,711,091.67 in Q1 2021, slightly up from CNY 7,023,205.89 in Q1 2020[24] - The company recognized a cumulative impact of -CNY 932,317.56 due to the implementation of the new leasing standards, affecting retained earnings and minority interests[35] Future Plans - The company has not disclosed any new product developments or market expansion strategies in this report[5] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[21] - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[30]