JDL(SH:688057)2021-04-26 16:00Financial Performance - Operating revenue rose by 35.14% to CNY 203,454,516.43 year-on-year[5] - Net profit attributable to shareholders increased by 35.91% to CNY 92,449,717.51 compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses grew by 29.89% to CNY 86,329,629.96[5] - Basic earnings per share rose by 32.23% to CNY 0.4345[5] - The company reported a total profit of CNY 105,968,440.63 for Q1 2021, compared to CNY 75,892,376.29 in Q1 2020, an increase of 39.6%[26] - Net profit for Q1 2021 reached CNY 93,748,421.55, representing a 36.8% increase compared to CNY 68,571,632.33 in Q1 2020[27] Assets and Liabilities - Total assets increased by 0.64% to CNY 3,650,380,293.32 compared to the end of the previous year[5] - The total number of shareholders reached 16,689 at the end of the reporting period[10] - Total liabilities decreased to CNY 522,581,782.22 in Q1 2021 from CNY 568,750,046.02 in Q1 2020, a reduction of 8.1%[26] - The company’s equity increased to ¥3,207,451,462.30 from ¥3,112,645,849.76, reflecting a growth of about 3.04%[19] - Total liabilities decreased to ¥442,928,831.02 from ¥514,659,151.47, a reduction of approximately 13.93%[19] Cash Flow - The net cash flow from operating activities was negative at CNY -22,827,321.75, compared to CNY -11,149,849.52 in the previous year[5] - The company reported a net cash flow from operating activities of -22,827,321.75 RMB, compared to -11,149,849.52 RMB in Q1 2020, indicating a decline in operational cash flow[34] - The total cash inflow from operating activities was 162,864,444.10 RMB, while cash outflow was 185,691,765.85 RMB, resulting in a net cash flow deficit[34] - The company experienced a significant cash outflow in investment activities, totaling -82,836,589.24 RMB, compared to -183,245,349.13 RMB in Q1 2020[34] Research and Development - Research and development expenses accounted for 6.83% of operating revenue, an increase of 1.01 percentage points[5] - Research and development expenses rose by 49.13% to CNY 13,071,385.48 from CNY 8,765,340.93, indicating increased investment in R&D[14] - Research and development expenses rose to CNY 13,071,385.48 in Q1 2021, up 49.5% from CNY 8,765,340.93 in Q1 2020[26] Shareholder Information - The largest shareholder, Liao Zhimin, holds 45.93% of the shares, totaling 126,760,500 shares[11] - Shareholders' equity increased to CNY 3,046,181,111.35 in Q1 2021 from CNY 2,987,274,188.34 in Q1 2020, an increase of 2.0%[26] Tax and Financial Expenses - The company’s income tax expense increased by 66.92% to CNY 12,220,019.08 from CNY 7,320,743.96, correlating with the growth in profits[14] - The company’s financial expenses showed a significant decrease of 744.54%, resulting in a financial income of CNY -2,009,872.86 compared to CNY 311,832.77 in the previous year[13] Inventory and Receivables - Accounts receivable financing increased by 64.78% to CNY 20,764,280.28 from CNY 12,601,005.05, primarily due to an increase in bank acceptance bills received[13] - Inventory decreased to ¥139,481,706.53 from ¥149,441,537.56, showing a decline of about 6.67%[18] - Accounts receivable increased to ¥655,838,089.63 from ¥632,419,463.08, representing a rise of approximately 3.25%[18]