Jalon(SH:688357)2021-04-19 16:00Financial Performance - Net profit attributable to shareholders rose by 123.42% to CNY 32,831,979.69 year-on-year[6] - Operating revenue increased by 65.83% to CNY 125,436,139.42 compared to the same period last year[6] - Basic earnings per share increased by 128.00% to CNY 0.57 compared to CNY 0.25 in the same period last year[6] - The company reported a net profit of ¥237,987,708.04 for the first quarter of 2021, compared to ¥204,847,847.06 in the same period of 2020, marking an increase of approximately 16.1%[25] - Operating profit for Q1 2021 was ¥34,344,529.74, up 92.0% from ¥17,878,849.24 in Q1 2020[28] - The company reported a total profit of ¥37,728,129.74 for Q1 2021, up 121.5% from ¥17,027,535.03 in Q1 2020[28] - Comprehensive income for Q1 2021 totaled ¥30,606,635.29, significantly higher than ¥14,695,298.36 in Q1 2020[29] Cash Flow - The net cash flow from operating activities was CNY 50,777,671.14, a significant improvement from a negative CNY 2,703,474.01 in the previous year[6] - The company's cash flow from operating activities improved significantly, reaching RMB 50,777,671.14, compared to a negative cash flow of RMB -2,703,474.01 in the previous year[15] - In Q1 2021, the cash inflow from sales of goods and services reached ¥94,203,119.65, a significant increase of 111.7% compared to ¥44,621,914.19 in Q1 2020[35] - The total cash outflow for operating activities was ¥54,945,227.11, which is an increase from ¥48,118,375.09 in the previous year[36] - The ending balance of cash and cash equivalents was ¥126,968,233.89, compared to ¥85,590,041.55 at the end of Q1 2020, reflecting a year-over-year increase of 48.2%[36] Assets and Liabilities - Total assets increased by 2.58% to CNY 1,212,918,875.44 compared to the end of the previous year[6] - Contract assets decreased by 32.42% to RMB 5,020,910.77, primarily due to the expiration of certain warranty deposits[14] - Other current assets increased by 144.57% to RMB 633,172.18, mainly due to an increase in deductible input tax[14] - The company reduced its short-term borrowings by 66.67%, from RMB 30,000,000.00 to RMB 10,000,000.00, reflecting repayment of bank loans during the reporting period[14] - Current liabilities decreased to ¥189,897,969.73 from ¥195,312,750.19, a reduction of about 2.1%[24] - Non-current liabilities totaled ¥15,343,329.35, slightly down from ¥15,568,112.30, indicating a decrease of approximately 1.5%[20] - The total liabilities decreased to ¥205,241,299.08 from ¥210,880,862.49, a decline of about 2.5%[24] Research and Development - R&D investment accounted for 6.36% of operating revenue, up by 2.88 percentage points from the previous year[6] - Research and development expenses surged by 203.26% to RMB 7,980,224.07, driven by increased investment in ongoing projects and higher share-based payment costs for R&D personnel[15] - Research and development expenses increased to ¥7,980,224.07 in Q1 2021, up 203.0% from ¥2,631,445.93 in Q1 2020[27] Shareholder Information - The total number of shareholders reached 4,087 at the end of the reporting period[10] - The top shareholder, Li Jianbo, holds 24.82% of the shares, totaling 14,350,000 shares[10] Other Income and Expenses - Non-recurring gains and losses amounted to CNY 4,799,689.77, including CNY 5,000,000 from government subsidies[8][9] - Other income for Q1 2021 was ¥5,100,000.00, compared to ¥495,000.00 in Q1 2020, indicating a substantial increase[28] - The company experienced a credit impairment loss of ¥62,003.40 in Q1 2021, compared to a gain of ¥5,744.43 in Q1 2020[27]