JYT(SH:601908)2021-04-27 16:00Financial Performance - Operating income rose by 50.58% to CNY 1,095,525,242.70 compared to the same period last year[10] - Net profit attributable to shareholders increased by 157.49% to CNY 217,201,675.67 compared to the same period last year[10] - Basic earnings per share increased by 150.00% to CNY 0.10 compared to the same period last year[10] - Total operating revenue for Q1 2021 reached RMB 1,095,525,242.70, a 50.5% increase from RMB 727,535,157.15 in Q1 2020[42] - Net profit for Q1 2021 was RMB 210,738,989.16, compared to RMB 88,579,000.73 in Q1 2020, representing a 137.5% increase[42] - The company reported a total profit of RMB 220,995,833.57 for Q1 2021, compared to RMB 101,575,455.73 in Q1 2020, marking a 117.5% increase[42] Assets and Liabilities - Total assets increased by 23.62% to CNY 20,853,398,494.45 compared to the end of the previous year[10] - Total liabilities increased to approximately $10.46 billion, compared to $9.17 billion, marking an increase of about 14.0%[31] - Current liabilities rose to approximately $5.28 billion, compared to $4.14 billion in the previous year, reflecting an increase of about 27.5%[31] - The total non-current assets decreased to approximately $5.79 billion from $5.99 billion, indicating a decline of about 3.3%[37] - The company’s total liabilities increased to 4,290,297,541.07 RMB, reflecting a slight rise from the previous year, indicating ongoing financial commitments[62] Cash Flow - Net cash flow from operating activities was CNY 153,327,309.81, a significant recovery from a negative cash flow of CNY -193,921,239.70 in the previous year[10] - The cash flow from financing activities in Q1 2021 was ¥3,193,858,033.08, a substantial increase from a negative cash flow of ¥225,825,414.19 in Q1 2020[55] - The company experienced a net increase in cash and cash equivalents of 2,103,995,721.80 RMB, compared to a decrease of -179,583,583.44 RMB in Q1 2020, reflecting a positive cash flow trend[59] Shareholder Information - The total number of shareholders at the end of the reporting period was 110,874[13] - The top shareholder, Beijing Jingyuntong Daxing Technology Investment Co., Ltd., holds 28.17% of the shares[13] - Shareholders' equity rose to approximately $10.40 billion, up from $7.70 billion, indicating a growth of about 35.3%[31] Research and Development - Research and development expenses increased by 222.08% to ¥58,298,773.55 as the company intensified its R&D investments[19] - Research and development expenses for Q1 2021 were RMB 58,298,773.55, significantly higher than RMB 18,100,899.65 in Q1 2020, indicating a focus on innovation[42] Government Support - The company received government subsidies amounting to CNY 6,418,922.82, closely related to its normal business operations[12] Inventory and Receivables - The company reported a significant increase in inventory, which rose to approximately $189.71 million from $130.98 million, reflecting a growth of about 45.0%[37] - Accounts receivable decreased by 56.58% to ¥660,000.00 due to the maturity of certain bank acceptance bills[16]