CASTECH(SZ:002222)2021-04-23 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥164,876,864.87, representing a 36.48% increase compared to ¥120,809,015.29 in the same period last year[7]. - Net profit attributable to shareholders for Q1 2021 was ¥45,905,421.14, up 40.02% from ¥32,785,717.53 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥45,174,829.43, reflecting a 55.45% increase from ¥29,060,323.42 in the previous year[7]. - Basic earnings per share for Q1 2021 was ¥0.1074, a 40.03% increase from ¥0.0767 in the same period last year[7]. - The company reported a net profit increase, with undistributed profits rising to CNY 469,234,643.81 from CNY 425,176,439.41, an increase of about 10.4%[39]. - The company's net profit for the current period is 46,404,864.75, an increase of 38.2% compared to 33,567,082.08 in the previous period[41]. - Operating income reached 144,638,123.18, up from 107,824,621.38, reflecting a growth of 34.2% year-over-year[43]. - The total profit for the current period is 54,493,324.36, which is a 38.5% increase from 39,326,255.89 in the previous period[41]. Cash Flow - The net cash flow from operating activities was ¥14,434,483.30, which is a 42.51% increase compared to ¥10,129,051.78 in the same period last year[7]. - The net cash flow from operating activities for the current period is CNY 14,434,483.30, an increase of 42.8% compared to CNY 10,129,051.78 in the previous period[46]. - Cash inflow from operating activities totaled CNY 122,896,987.35, compared to CNY 106,559,990.02, marking a 15.3% increase[47]. - Total cash outflow from operating activities is CNY 128,196,457.82, up from CNY 109,233,157.18, reflecting a 17.4% increase[46]. - The net cash flow from investing activities is CNY -5,294,587.68, an improvement from CNY -22,579,436.63 in the previous period[46]. - The net cash flow from financing activities is CNY -10,853.48, compared to CNY 199,939.96 in the previous period, indicating a shift in financing strategy[46]. - The ending balance of cash and cash equivalents is CNY 261,321,962.69, up from CNY 181,718,515.85, representing a 43.9% increase[46]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,227,281,211.83, representing a 2.85% increase from ¥1,193,304,751.01 at the end of the previous year[7]. - The total liabilities decreased to CNY 60,209,830.61 in the first quarter of 2021 from CNY 70,581,669.49 in the previous year, showing a reduction of about 14.5%[39]. - The total equity attributable to shareholders increased to CNY 1,067,562,061.34 from CNY 1,023,503,856.94, marking an increase of approximately 4.3%[39]. - The company's total assets as of March 31, 2021, amounted to CNY 1,127,771,891.95, compared to CNY 1,094,085,526.43 at the end of 2020, reflecting a growth of approximately 3.1%[36]. Expenses - Research and development expenses rose by 46.64% to ¥15,379,356.50, reflecting increased investment in R&D activities[16]. - The company's management expenses rose to 20,956,205.90, up from 13,795,115.52, which is an increase of 52.1%[41]. - The company reported a 99.54% increase in taxes payable, totaling ¥10,238,670.31, primarily due to increased corporate income tax and VAT[16]. - The company's tax expenses increased to 8,088,459.61 from 5,759,173.81, which is a rise of 40.3%[41]. - Financial expenses decreased by 44.27% to -¥914,834.43, mainly due to reduced exchange losses[16]. - The financial expenses showed a reduction, with a net of -914,834.43 compared to -1,641,416.44, improving by 44.3%[41]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 51,427[12]. - Net assets attributable to shareholders at the end of the reporting period were ¥1,115,605,220.82, up 4.29% from ¥1,069,699,799.68 at the end of the previous year[7]. - The weighted average return on equity increased to 4.20%, up 0.87 percentage points from 3.33% in the same period last year[7].