HJKJ(SZ:000818)2021-04-25 16:00Financial Performance - The company achieved operating revenue of CNY 1,171,610,937.16, representing a year-on-year increase of 40.58%[3] - The net profit attributable to shareholders reached CNY 212,155,418.85, a significant growth of 117.34% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 205,227,566.52, up 118.63% year-on-year[3] - Basic earnings per share were CNY 0.31, reflecting a growth of 121.43% from CNY 0.14 in the same period last year[3] - The company reported a 68.07% increase in accounts receivable financing, reaching CNY 29,565,137.05, attributed to an increase in low-risk bank acceptance bills[11] - The company recorded a significant increase in other income by 63.05% to CNY 8,384,879.68, mainly from government subsidies received by subsidiaries[12] - The company’s investment income showed a drastic decline of 2270.64%, resulting in a loss of CNY 1,054,277.30, primarily due to losses from long-term equity investments accounted for using the equity method[12] - The total operating revenue for Q1 2021 was approximately CNY 1,171.61 million, a significant increase of 40.5% compared to CNY 833.44 million in the same period last year[30] - The net profit for Q1 2021 reached approximately CNY 212.17 million, compared to CNY 94.19 million in the previous year, marking a year-over-year growth of 125.0%[32] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 89,018,374.61, a remarkable increase of 604.32% compared to a negative cash flow of CNY 17,651,070.10 in the previous year[3] - The company reported a significant increase in cash flow from operating activities, contributing to improved liquidity and financial stability[32] - Cash inflow from financing activities totaled ¥20,000,000.00, significantly down from ¥131,954,930.00 in the previous year[41] - The company experienced a net cash outflow from financing activities of ¥126,223,581.31, compared to a net inflow of ¥57,325,025.35 in the prior year[41] - The company’s cash flow from operating activities was positive, indicating improved operational efficiency compared to the previous year[40] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 4,958,878,909.06, an increase of 2.69% from the end of the previous year[3] - The net assets attributable to shareholders reached CNY 3,089,768,769.10, up 7.38% from the previous year-end[3] - The company’s total liabilities decreased by 54.59% in notes payable, down to CNY 7,180,515.00, due to repayment of matured notes[11] - Total liabilities decreased from CNY 1,671,978,221.79 to CNY 1,589,530,012.80, a decline of approximately 4.93%[25] - The company's total equity increased from CNY 3,156,903,178.48 to CNY 3,369,348,896.26, reflecting a growth of about 6.71%[26] Research and Development - Research and development expenses rose by 81.20% to CNY 35,547,499.28, reflecting increased investment in the electronics sector[12] - Research and development expenses for Q1 2021 were approximately CNY 35.55 million, compared to CNY 19.62 million in the same period last year, representing an increase of 81.2%[31] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[32] - The company has indicated a positive outlook for the upcoming quarters, expecting continued revenue growth and profitability improvements[32] Ownership Structure - There were no significant changes in the ownership structure among the top ten shareholders, with the largest shareholder holding 16.61%[6]