Financial Performance - Operating revenue rose by 50.86% to CNY 549,740,658.10 year-on-year[5] - Net profit attributable to shareholders increased by 1,725.87% to CNY 20,754,318.97 compared to the same period last year[5] - Basic earnings per share increased by 600% to CNY 0.21[6] - The company's gross profit margin improved significantly, with operating profit rising to RMB 32,197,514.34, a 478.39% increase from RMB 5,566,781.19 in the previous year[14] - Net profit for Q1 2021 was RMB 25,211,913.85, up from RMB 4,306,058.12 in Q1 2020, indicating a year-over-year growth of 485.5%[25] - The total comprehensive income for Q1 2021 was RMB 19,295,251.78, compared to RMB 4,306,058.12 in Q1 2020, showing substantial growth[26] Assets and Liabilities - Total assets increased by 5.44% to CNY 3,769,194,844.31 compared to the end of the previous year[5] - Total liabilities increased by 41.92% to RMB 88,133,749.99, primarily due to an increase in long-term borrowings[13] - The company's total liabilities reached CNY 2,278,103,675.82, up from CNY 2,109,085,609.52, marking a growth of around 8.03%[19] - Owner's equity increased to CNY 1,491,091,168.49 from CNY 1,465,583,912.18, showing a rise of about 1.74%[19] - Current liabilities rose to CNY 1,829,997,882.74, compared to CNY 1,724,813,337.29, indicating an increase of approximately 6.06%[18] Cash Flow - Cash flow from operating activities decreased by 54.35% to CNY 29,205,938.00 compared to the previous year[5] - Total operating cash inflow for Q1 2021 was CNY 486,089,060.22, a decrease of 13.8% from CNY 564,449,225.43 in Q1 2020[30] - Net cash flow from operating activities was CNY 29,205,938.00, down 54.4% from CNY 63,982,665.10 in the same period last year[31] - Cash flow from investing activities showed a net outflow of CNY 48,949,503.45, slightly improved from a net outflow of CNY 49,801,223.10 in Q1 2020[31] - Cash flow from financing activities generated a net inflow of CNY 9,867,152.44, compared to a net outflow of CNY 40,534,491.36 in Q1 2020[32] Shareholder Information - The company had a total of 9,674 shareholders at the end of the reporting period[9] - The largest shareholder, Hu Zhen, holds 29.40% of the shares, totaling 37,289,642 shares[10] Research and Development - Research and development expenses increased by 49.75% to RMB 19,638,058.06, reflecting the company's commitment to innovation[13] - Research and development expenses increased to RMB 19,638,058.06 in Q1 2021, compared to RMB 13,113,884.08 in Q1 2020, representing a 49.7% rise[24] Market Strategy - 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[12] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[27]
振江股份(603507) - 2021 Q1 - 季度财报