CAIP(SH:603035)2021-04-27 16:00Financial Performance - Net profit attributable to shareholders was CNY 103,178,576.72, representing a significant increase of 9,676.31% year-on-year[11]. - Operating revenue reached CNY 607,928,922.28, marking a growth of 48.80% compared to the same period last year[11]. - Net cash flow from operating activities was CNY 79,731,135.00, an increase of 370.32% year-on-year[11]. - Basic earnings per share were CNY 0.30, a substantial increase of 7,794.74% compared to CNY 0.0038 in the same period last year[11]. - Diluted earnings per share were CNY 0.28, reflecting an increase of 7,268.42% year-on-year[11]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 91,973,288.04, a turnaround from a loss of CNY 13,902,159.94 in the previous year[11]. - Total operating revenue for Q1 2021 reached ¥607,928,922.28, a 49% increase from ¥408,552,587.55 in Q1 2020[38]. - Net profit for Q1 2021 was ¥100,333,532.87, compared to a net loss of ¥3,553,341.82 in Q1 2020[40]. - Earnings per share for Q1 2021 were ¥0.30, significantly higher than ¥0.0038 in Q1 2020[40]. - The total comprehensive income for Q1 2021 was 65,212,043.15 RMB, while it was a loss of 10,087,217.89 RMB in Q1 2020[46]. Asset and Liability Management - Total assets at the end of the reporting period were CNY 7,114,179,956.36, a decrease of 0.53% compared to the end of the previous year[11]. - Total liabilities decreased to ¥3,329,161,602.47 from ¥3,480,978,218.99, indicating a decline of about 4.4%[28]. - Current liabilities decreased to ¥2,557,123,273.91 from ¥2,717,874,675.89, reflecting a reduction of approximately 5.9%[26]. - Shareholders' equity increased to ¥3,785,018,353.89 from ¥3,671,465,214.65, representing a growth of approximately 3.1%[28]. - The company's total liabilities decreased to ¥1,719,198,931.28 from ¥1,840,374,917.25 year-over-year[33]. - Shareholders' equity increased to ¥3,035,136,741.51 from ¥2,966,705,091.99, indicating a growth of approximately 2.3%[33]. Cash Flow Analysis - The net cash flow from operating activities increased due to a significant rise in customer order demand, with the overall business continuing its positive momentum from the second half of the previous year[19]. - Cash and cash equivalents were reported at CNY 413.98 million, down from CNY 544.30 million at the end of December 2020[23]. - The cash flow from operating activities for Q1 2021 was 79,731,135.00 RMB, significantly higher than 16,952,454.53 RMB in Q1 2020[50]. - The cash inflow from operating activities totaled 693,656,446.48 RMB in Q1 2021, up from 476,505,841.62 RMB in Q1 2020[47]. - The company reported a cash inflow of 114,134,070.54 RMB from recovering investments in Q1 2021, compared to 383,852,959.53 RMB in Q1 2020[52]. - The cash outflow for purchasing goods and services was 45,521,541.69 RMB in Q1 2021, down from 58,654,733.14 RMB in Q1 2020[52]. Operational Efficiency - The net profit attributable to shareholders of the listed company improved significantly as a result of increased revenue and optimized product structure, leading to better utilization of production capacity[19]. - The company has effectively eliminated the impact of the pandemic on timely order delivery, ensuring customer satisfaction[19]. - The company is focused on continuous product structure optimization to enhance profitability levels[19]. - Research and development expenses for Q1 2021 were ¥19,032,819.39, up from ¥16,458,312.35 in Q1 2020, marking a 9.5% increase[38]. - Financial expenses decreased to ¥17,037,827.53 in Q1 2021 from ¥25,139,295.82 in Q1 2020, a reduction of approximately 32%[38]. Inventory and Receivables - Accounts receivable stood at CNY 657.01 million, slightly down from CNY 672.23 million at the end of December 2020[23]. - Inventory increased to CNY 461.89 million, compared to CNY 398.85 million at the end of December 2020[23]. - Accounts receivable increased to ¥9,430,534.93 from ¥6,610,839.66, showing a growth of approximately 42.5%[32]. - Inventory decreased to ¥3,948,138.41 from ¥5,785,209.87, a reduction of about 31.8%[32].