JCT(SH:603657)2021-04-28 16:00Financial Performance - Operating revenue surged by 136.60% to CNY 250,416,948.03 year-on-year[5] - Net profit attributable to shareholders rose by 110.57% to CNY 32,122,370.91 compared to the same period last year[5] - Basic earnings per share increased by 118.18% to CNY 0.24[7] - Operating profit for Q1 2021 was ¥35.31 million, up 86.6% from ¥18.91 million in Q1 2020[30] - Net profit for Q1 2021 was ¥31.90 million, representing a 109.0% increase from ¥15.26 million in Q1 2020[31] - The company reported a total profit of ¥36.09 million for Q1 2021, compared to ¥17.74 million in Q1 2020, marking a 103.4% increase[31] - The company’s total comprehensive income for Q1 2021 was ¥29.88 million, compared to ¥12.89 million in Q1 2020, reflecting a growth of 132.9%[31] Asset and Liability Changes - Total assets increased by 16.35% to CNY 1,439,330,491.95 compared to the end of the previous year[5] - Non-current assets totaled CNY 380,281,189.33, an increase from CNY 322,595,158.71, reflecting a growth of about 17.8%[22] - Current liabilities rose to CNY 424,826,067.83, compared to CNY 269,708,286.52, marking a significant increase of approximately 57.5%[22] - Total liabilities reached CNY 430,539,617.04, up from CNY 275,300,888.09, indicating a growth of around 56.4%[23] - Total current assets reached ¥1,059,049,302.62, an increase from ¥914,460,472.04 at the end of 2020, indicating strong liquidity[21] Cash Flow and Investments - Net cash flow from operating activities improved by 32.44% to CNY 29,182,815.80[5] - The company's cash inflow from operating activities in Q1 2021 was RMB 280,682,986.19, a significant increase from RMB 134,932,233.92 in Q1 2020, representing a growth of approximately 108.3%[36] - The net cash flow from operating activities for Q1 2021 was RMB 29,182,815.80, compared to RMB 22,035,243.84 in Q1 2020, indicating an increase of about 32.5%[36] - Cash inflow from investment activities totaled RMB 50,356,438.36 in Q1 2021, down from RMB 115,050,293.14 in Q1 2020, reflecting a decrease of approximately 56.3%[38] - The net cash outflow from investment activities was RMB 65,862,582.15 in Q1 2021, compared to RMB 263,749,616.84 in Q1 2020, showing an improvement of about 75%[38] Shareholder Information - The number of shareholders reached 7,878 at the end of the reporting period[11] - The largest shareholder, Zhejiang Chunguang Holdings Co., Ltd., holds 46.88% of the shares[11] Research and Development - Research and development expenses surged by 174.74%, amounting to ¥7,021,728.57, compared to ¥2,555,736.34 in Q1 2020, indicating a strong focus on innovation[16] - Research and development expenses increased to ¥7.02 million in Q1 2021, up 174.3% from ¥2.56 million in Q1 2020[30] Other Financial Metrics - The weighted average return on equity increased by 1.56 percentage points to 3.29%[5] - The company reported a significant increase in other payables, which rose to CNY 11,850,004.84 from CNY 5,775,618.16, a growth of about 105.5%[26] - The company received government subsidies amounting to CNY 483,926.29 related to its normal operations[8] - The company reported a credit impairment loss of ¥528.89 thousand in Q1 2021, a significant reduction from ¥2.07 million in Q1 2020[30]