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君禾股份(603617) - 2021 Q1 - 季度财报
JunheJunhe(SH:603617)2021-04-27 16:00

Financial Performance - Net profit attributable to shareholders was CNY 31,737,652.19, representing an increase of 89.63% year-on-year[4]. - Operating revenue for the period was CNY 219,728,455.70, reflecting a growth of 46.70% compared to the same period last year[4]. - Basic and diluted earnings per share were both CNY 0.16, a rise of 77.78% year-on-year[6]. - The weighted average return on equity increased to 4.31%, up by 114.39% from the previous year[6]. - The company reported a significant increase in investment income, rising 773.73% to CNY 1,305,500.00 due to increased forward foreign exchange settlement gains[13]. - Operating profit for Q1 2021 reached CNY 36,998,632.16, up from CNY 20,341,756.28 in Q1 2020, representing an increase of 82.0%[30]. - Net profit for Q1 2021 was CNY 31,737,652.19, compared to CNY 16,736,457.09 in Q1 2020, reflecting an increase of 89.8%[30]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,379,163,559.46, an increase of 2.42% compared to the end of the previous year[4]. - Current assets totaled ¥889,981,974.05, down from ¥903,326,869.10, indicating a decrease of about 1.9%[21]. - Total liabilities stood at ¥626,526,382.45, slightly up from ¥626,222,635.18, indicating a marginal increase[22]. - Total equity increased to ¥752,637,177.01 from ¥720,374,708.82, reflecting a growth of about 4.5%[22]. - Total liabilities as of the end of Q1 2021 were CNY 682,283,103.81, compared to CNY 676,161,112.49 at the end of Q1 2020[27]. - The company reported a decrease in accounts payable to ¥125,895,585.13 from ¥164,882,261.72, a decline of approximately 23.6%[21]. Cash Flow - The net cash flow from operating activities was negative at CNY -11,954,212.91, a decrease of 140.96% compared to the previous year[4]. - The company generated cash inflows from financing activities totaling 388,000,000.00 RMB in Q1 2021, up from 319,631,000.00 RMB in Q1 2020[40]. - The company reported a net cash outflow from operating activities of ¥11,954,212.91, compared to a net inflow of ¥29,185,066.87 in Q1 2020[36]. - Cash outflows from investing activities were significantly reduced to 4,270,559.19 RMB in Q1 2021 from 285,636,442.54 RMB in Q1 2020, resulting in a net cash flow from investing activities of 17,569,651.74 RMB[39]. Shareholder Information - The total number of shareholders at the end of the reporting period was 8,024[11]. - The largest shareholder, Ningbo Junhe Investment Holding Co., Ltd., held 52.67% of the shares, amounting to 105,061,468 shares[11]. - The company implemented a cash dividend distribution of CNY 1.60 per 10 shares during the previous year[6]. Operational Highlights - The operating costs increased by 52.88% to CNY 173,710,791.68, driven by the increase in sales revenue[13]. - The company’s cash received from sales of goods and services increased by 61.01% to CNY 313,144,405.78, reflecting improved cash collection[13]. - Research and development expenses for Q1 2021 were CNY 5,813,588.08, slightly up from CNY 5,715,660.49 in Q1 2020[29]. - The company plans to expand its product categories and enhance production technology through a non-public offering of A-shares, which has been approved by the China Securities Regulatory Commission[15].