Financial Performance - Net profit attributable to shareholders increased by 1,034.38% to CNY 545,609,430.10 compared to the same period last year[17]. - Operating income rose by 100.40% to CNY 1,679,184,099.46 compared to the same period last year[17]. - Net cash flow from operating activities surged by 515.05% to CNY 426,918,733.01 compared to the same period last year[17]. - Basic earnings per share increased by 979.67% to CNY 0.5204 compared to the same period last year[17]. - The report period's net profit after deducting non-recurring gains and losses was CNY 544,888,332.20, an increase of 1,054.92% compared to the same period last year[17]. - The company's operating revenue for Q1 2021 was ¥1,679,184,099.46, a 100.40% increase compared to ¥837,935,510.48 in Q1 2020[29]. - The net profit for Q1 2021 reached ¥545,609,430.10, representing a significant increase of 1,034.38% from ¥48,097,795.00 in Q1 2020[29]. - The company's operating profit for Q1 2021 was approximately ¥641.76 million, a significant increase from ¥64.13 million in Q1 2020, reflecting a growth of over 900%[46]. - Net profit for Q1 2021 reached ¥545.61 million, compared to ¥48.10 million in the same period last year, indicating an increase of approximately 1,134%[46]. Assets and Liabilities - Total assets increased by 42.42% to CNY 5,077,448,277.80 compared to the end of the previous year[17]. - As of March 31, 2021, the total assets amounted to approximately CNY 5.08 billion, a substantial increase from CNY 3.57 billion at the end of 2020[42]. - The total current assets reached approximately CNY 2.30 billion as of March 31, 2021, significantly up from CNY 810.68 million at the end of 2020[39]. - The total liabilities decreased slightly to approximately CNY 598.68 million as of March 31, 2021, from CNY 617.77 million at the end of 2020[42]. - The company reported a significant increase in tax payable, which rose by 219.61% to ¥163,619,913.37 in Q1 2021 from ¥51,193,018.92 in Q1 2020[29]. - Total liabilities reached $617,768,367.74, with current liabilities at $576,400,958.04[55]. - The company maintained short-term borrowings of $200,000,000.00, indicating liquidity management strategies[54]. Shareholder Information - The number of shareholders reached 20,653 by the end of the reporting period[23]. - Jiangsu Sop (Group) Co., Ltd. held 82.70% of the shares, with 691,925,810 shares pledged[23]. Research and Development - Research and development expenses increased by 96.16% to ¥44,433,452.51 in Q1 2021, compared to ¥22,651,856.37 in Q1 2020, indicating a focus on innovation[29]. - Research and development expenses for Q1 2021 were approximately CNY 44.43 million, nearly double the CNY 22.65 million spent in Q1 2020[44]. Cash Flow and Financing - The company generated a net cash flow from operating activities of ¥426,918,733.01 in Q1 2021, up 515.05% from ¥69,411,754.04 in Q1 2020[29]. - The company reported a net increase in cash and cash equivalents of ¥1.08 billion for Q1 2021, compared to only ¥22.52 million in Q1 2020[51]. - The company’s cash inflow from financing activities was ¥993.00 million in Q1 2021, a notable increase from ¥50.00 million in Q1 2020[49]. - The cash outflow for investing activities in Q1 2021 was ¥190.25 million, compared to ¥111.99 million in Q1 2020, indicating an increase of approximately 70%[49]. Future Outlook - The company expects a significant increase of over 50% in net profit attributable to shareholders for the first half of 2021 compared to the same period last year[37]. - The net profit for Q1 2021 is expected to show a significant improvement compared to the previous year, aligning with the overall positive outlook for the company's performance[37].
江苏索普(600746) - 2021 Q1 - 季度财报