SOLEX(SH:603992)2021-04-19 16:00Financial Performance - Net profit attributable to shareholders increased by 110.05% to CNY 73,639,700.10 year-on-year[12] - Operating revenue rose by 64.20% to CNY 531,058,399.72 compared to the same period last year[12] - Basic earnings per share doubled to CNY 0.18 from CNY 0.09 in the same period last year[12] - Operating income increased by 64.20% compared to the same period last year, primarily due to growth in sales business during the reporting period[29] - Operating costs increased by 72.52% compared to the same period last year, corresponding to the increase in sales costs due to the growth in sales business[29] - The company reported a total profit of ¥85,599,691.53 for Q1 2021, compared to ¥41,494,693.25 in Q1 2020, marking a growth of 106.3%[59] - The net profit for Q1 2021 reached CNY 85.01 million, representing a 106.5% increase from CNY 41.16 million in Q1 2020[68] - The total profit for Q1 2021 was CNY 96.73 million, up from CNY 48.50 million in the same period last year, marking a growth of 99.5%[68] Assets and Liabilities - Total assets increased by 3.02% to CNY 2,803,756,389.88 compared to the end of the previous year[12] - Current assets totaled CNY 1,681,076,361.61, down from CNY 1,733,086,405.32 year-over-year[36] - Non-current assets totaled CNY 1,122,680,028.27, up from CNY 988,367,121.20, indicating a growth of about 13.5%[39] - The total liabilities were CNY 723,750,237.55, compared to CNY 715,102,656.91 in the previous year[42] - The total current liabilities were CNY 645,410,021.76, down from CNY 707,888,352.30 year-over-year[42] - The company's total liabilities increased to CNY 787,499,330.83 from CNY 715,102,656.91 at the end of 2020[137] Cash Flow - Net cash flow from operating activities decreased by 85.47% to CNY 6,192,442.98 compared to the previous year[12] - The company's cash flow from operating activities for Q1 2021 was CNY 6.19 million, a decrease of 85.5% compared to CNY 42.62 million in Q1 2020[73] - The net cash flow from operating activities was CNY 9,095,366.61, a significant decrease of 87.0% from CNY 70,088,865.87 in the same period last year[76] - Cash outflows from investment activities amounted to CNY 237,458,930.24, resulting in a net cash flow from investment activities of CNY 25,152,233.80[79] Shareholder Information - The company’s major shareholder, Songlin Group Investment Co., Ltd., holds 31.11% of the shares[18] - The top ten shareholders collectively hold significant stakes, with the largest individual shareholder owning 22.38%[18] - The equity attributable to shareholders reached CNY 2,080,006,152.33, an increase from CNY 2,006,350,869.61[44] Other Financial Metrics - The weighted average return on equity increased by 1.68 percentage points to 3.60%[12] - Research and development expenses for Q1 2021 were ¥32,417,772.92, up 26.3% from ¥25,657,143.95 in Q1 2020[57] - Financial expenses decreased by 52.58% compared to the same period last year, mainly due to the investment income recorded from closed structured deposits[29] - The deferred income tax liabilities decreased to ¥2,795,486.09 from ¥3,048,866.82, indicating a reduction of 8.3%[54]