JCET(SH:600584)2021-04-28 16:00Financial Performance - Net profit attributable to shareholders of the listed company reached approximately ¥386.22 million, an increase of 188.68% year-on-year[4]. - Operating revenue for the period was approximately ¥6.71 billion, representing a year-on-year growth of 17.59%[4]. - Basic earnings per share were ¥0.24, reflecting a 200.00% increase from ¥0.08 in the previous year[4]. - The weighted average return on net assets increased to 2.84%, up by 1.79 percentage points from the previous year[4]. - The company reported a net profit after deducting non-recurring gains and losses of CNY 348,063,858.95, a year-on-year increase of 227.26%[40]. - The company reported a total comprehensive income of approximately ¥433.28 million for Q1 2021, compared to ¥264.87 million in Q1 2020, indicating a growth of 63.63%[20]. - Net profit for Q1 2021 reached approximately ¥386.57 million, compared to ¥134.10 million in Q1 2020, representing a growth of 187.36%[20]. - Basic earnings per share for Q1 2021 were ¥0.24, an increase from ¥0.08 in Q1 2020[20]. Cash Flow - The net cash flow from operating activities was approximately ¥1.20 billion, an increase of 4.86% compared to the same period last year[4]. - Cash flow from financing activities showed a net outflow of 933,071,144.60, primarily due to a decrease in loan repayments[11]. - Cash flow from operating activities for Q1 2021 was ¥1,204,363,802.09, compared to ¥1,148,584,190.25 in Q1 2020, showing a growth of 4.9%[24]. - The net cash flow from financing activities was negative at RMB -747,661,031.42, compared to a positive RMB 316,019,713.18 in Q1 2020, indicating a significant decrease in cash from financing[27]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥32.03 billion, a decrease of 0.92% compared to the end of the previous year[4]. - Total liabilities decreased to approximately ¥7.71 billion in Q1 2021 from ¥8.13 billion in Q1 2020, a reduction of 5.14%[18]. - Non-current liabilities decreased from ¥18,918,493,942.70 to ¥18,187,527,945.70, a reduction of about 3.86%[16]. - Current liabilities decreased from ¥13,845,757,478.09 to ¥13,178,545,162.33, a decrease of approximately 4.80%[15]. - The total equity attributable to shareholders increased from ¥13,399,706,193.77 to ¥13,832,640,302.54, an increase of about 3.23%[16]. Shareholder Information - The total number of shareholders at the end of the reporting period was 319,016[6]. - The largest shareholder, the National Integrated Circuit Industry Investment Fund, holds 17.00% of the shares[6]. - The company has no actual controller, with the top two shareholders being the National Integrated Circuit Industry Investment Fund and Chip Electric Semiconductor (Shanghai) Co., Ltd.[7]. Investment and Expenses - Research and development expenses for Q1 2021 amounted to approximately ¥257.31 million, up from ¥214.45 million in Q1 2020, reflecting a growth of 19.93%[19]. - The company reported a significant decrease in investment income, with a loss of ¥250,439.62 in Q1 2021 compared to a gain of ¥260,680,870.09 in Q1 2020[21]. - The company reported a 139.38% increase in taxes and surcharges to 20,338,972.05 from 8,496,390.50 due to increased additional taxes[10]. Inventory and Receivables - Accounts receivable financing increased by 39.42% to 57,385,373.12 from 41,159,395.09 primarily due to an increase in receivable notes[9]. - Other receivables decreased by 35.34% to 26,198,531.71 from 40,518,299.84 mainly due to proceeds from the disposal of equipment and materials[9]. - Inventory increased from ¥576,991,522.74 to ¥591,154,243.24, an increase of about 2.9%[17]. Changes in Financial Position - Cash and cash equivalents decreased to 1,912,668,881.99 from 2,234,731,363.11, reflecting a reduction in available funds[14]. - Cash and cash equivalents at the end of Q1 2021 decreased to ¥1,884,105,505.70 from ¥2,211,270,109.58 at the end of Q1 2020, a decline of 14.8%[25]. - The company’s goodwill increased slightly from ¥2,070,573,852.34 to ¥2,085,298,158.73, an increase of approximately 0.71%[15].