Jasan Group(SH:603558)2021-04-22 16:00Financial Performance - Operating revenue rose by 11.26% to CNY 413,642,314.05 from CNY 371,765,886.04 in the same period last year[6] - Net profit attributable to shareholders decreased by 13.49% to CNY 47,377,660.10 compared to CNY 54,765,921.41 in the previous year[6] - Basic and diluted earnings per share decreased by 14.29% to CNY 0.12 from CNY 0.14 in the same period last year[6] - The company reported a net loss of CNY 158,150,235.52 for the period, compared to a loss of CNY 157,502,730.40 in the previous period[25] - Total operating revenue for Q1 2021 was ¥413,642,314.05, an increase of 11.3% compared to ¥371,765,886.04 in Q1 2020[26] - Net profit for Q1 2021 was ¥47,370,647.63, a decrease of 13.2% from ¥54,565,512.11 in Q1 2020[27] - The company reported a total comprehensive income of ¥51,638,949.15 for Q1 2021, compared to ¥56,318,963.23 in Q1 2020[28] Cash Flow - Cash flow from operating activities dropped by 56.27% to CNY 32,311,463.53 from CNY 73,895,875.19 year-on-year[6] - The net cash flow from operating activities decreased by 56.27% from CNY 73,895,875.19 to CNY 32,311,463.53, due to higher material payments[14] - The company reported a net cash outflow from operating activities of ¥1,588,763.06 in Q1 2021, compared to a net outflow of ¥373,261.81 in Q1 2020[31] - Operating cash inflow for Q1 2021 totaled CNY 506.94 million, a decrease from CNY 566.07 million in Q1 2020[34] - Total cash and cash equivalents at the end of Q1 2021 reached CNY 301.16 million, down from CNY 368.62 million at the end of Q1 2020[35] - The company experienced a net increase in cash and cash equivalents of CNY 84.83 million in Q1 2021, compared to an increase of CNY 208.99 million in Q1 2020[35] Assets and Liabilities - Total assets increased by 5.67% to CNY 3,522,248,269.52 compared to the end of the previous year[6] - Current liabilities rose to CNY 1,028,393,494.85, up from CNY 741,656,920.16, indicating an increase of about 38.78%[20] - Total liabilities reached CNY 1,233,594,320.54, up from CNY 947,862,243.43, indicating an increase of approximately 30.2%[20] - The company's equity attributable to shareholders decreased to CNY 2,288,449,515.56 from CNY 2,385,142,728.26, a decline of about 4.06%[20] - Non-current assets totaled CNY 2,033,953,134.98, compared to CNY 1,989,080,893.43, reflecting a growth of approximately 2.93%[19] Shareholder Information - The total number of shareholders reached 10,578 at the end of the reporting period[11] - The largest shareholder, Zhang Maoyi, holds 35.42% of the shares, with 73,460,000 shares pledged[11] Expenses - The company's sales expenses increased by 40.42% from CNY 10,116,407.86 to CNY 14,205,379.13, primarily due to higher consulting service fees[14] - Research and development expenses for Q1 2021 were ¥12,335,767.45, an increase from ¥11,619,330.83 in Q1 2020[26] Financial Assets and Investments - The company's trading financial assets decreased by 84.03% from CNY 4,626,517.50 to CNY 738,785.75 due to the fair value of unfulfilled forward foreign exchange contracts[13] - Investment income for Q1 2021 was ¥2,702,832.50, compared to a loss of ¥472,480.37 in Q1 2020[26] Other Financial Metrics - The weighted average return on equity increased by 0.21 percentage points to 1.99%[6] - The company reported a foreign exchange loss of ¥3,887,731.75 in Q1 2021, compared to a loss of ¥2,211,199.75 in Q1 2020[27]