NKF(SH:603707)2021-04-26 16:00Financial Performance - Net profit attributable to shareholders was ¥272,898,157.89, reflecting a growth of 33.51% year-on-year[7]. - Operating revenue for the period was ¥883,052,586.38, representing a 20.28% increase compared to the same period last year[7]. - Basic earnings per share increased by 31.82% to ¥0.29 from ¥0.22 in the previous year[7]. - The company reported a gross profit margin of approximately 57.5% for Q1 2021, compared to 31.6% in Q1 2020[25]. - The total comprehensive income for Q1 2021 was RMB 274,706,342.48, up from RMB 207,912,964.29 in Q1 2020, reflecting a growth of 32.0%[26]. - The net profit for Q1 2021 reached RMB 273,219,967.73, representing a 34.0% increase from RMB 204,019,285.30 in Q1 2020[26]. - The net profit for Q1 2021 reached CNY 324.33 million, up 63.5% from CNY 198.20 million in the same period last year[27]. Cash Flow - The net cash flow from operating activities was ¥6,147,710.84, a significant improvement from a negative cash flow of ¥90,491,766.00 in the previous year, marking a 106.79% increase[7]. - The total cash inflow from operating activities was CNY 960.82 million, compared to CNY 850.56 million in Q1 2020[30]. - In Q1 2021, the net cash flow from operating activities was CNY 331,473,067.30, a significant increase of 453.5% compared to CNY 59,756,565.97 in Q1 2020[32]. - The net cash flow from investing activities surged to ¥765,679,328.77, a 2,487.83% increase from ¥29,587,658.97 last year[16]. - The net cash flow from financing activities was CNY 587.25 million, compared to CNY 180.65 million in the same period last year[31]. - The total cash inflow from investment activities reached CNY 947,601,001.51, up from CNY 51,974,000.00 in the same period last year[32]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥8,639,548,208.22, an increase of 11.91% from the end of the previous year[7]. - The company's cash and cash equivalents increased to ¥1,507,039,674.57, up 205.34% from ¥493,553,116.59 in the previous period[13]. - Total liabilities increased to ¥4,616,013,103.15, up from ¥3,975,799,969.17, indicating a growth of around 16.1%[21]. - Current liabilities rose to ¥3,436,499,645.82 from ¥2,806,062,899.08, marking an increase of approximately 22.4%[20]. - The company's total liabilities as of Q1 2021 were RMB 3,949,029,163.04, a decrease from RMB 4,152,789,324.49 in the previous year[24]. - The company's equity attributable to shareholders increased to ¥4,000,496,422.62 from ¥3,722,438,519.79, representing a growth of approximately 7.5%[21]. Shareholder Information - The total number of shareholders at the end of the reporting period was 14,763[10]. - The top ten shareholders held a significant portion of shares, with the largest shareholder owning 27.85% of the total shares[10]. Expenses - The company reported a substantial increase in sales expenses, which rose by 58.88% to ¥120,735,651.53, attributed to higher sales volume[14]. - Research and development expenses for Q1 2021 were RMB 33,911,028.28, down from RMB 47,698,223.52 in Q1 2020, a decrease of 29.0%[25]. - Research and development expenses decreased to CNY 18.65 million, down 54.8% from CNY 41.27 million in Q1 2020[27]. Government Subsidies - The company received government subsidies amounting to ¥10,198,534.59, a 746.56% increase from ¥1,204,701.87 in the previous year[15]. - The company reported non-operating income of ¥9,231,233.39, primarily from government subsidies and other non-recurring gains[8][9]. Future Plans - The company plans to continue expanding its market presence and investing in new product development to drive future growth[25]. - The company plans to continue expanding its market presence and investing in new product development to sustain growth in the upcoming quarters[27].