INVT(SZ:002334)2021-04-22 16:00Revenue and Profitability - The company's revenue for Q1 2021 was ¥578,845,216.83, representing a 79.11% increase compared to ¥323,178,789.04 in the same period last year[9]. - Net profit attributable to shareholders was ¥37,110,189.92, a significant increase of 757.55% from ¥4,327,443.59 in the previous year[9]. - The net profit after deducting non-recurring gains and losses was ¥26,605,073.12, compared to a loss of ¥8,106,244.27 in the same period last year, marking a 428.20% improvement[9]. - The basic earnings per share increased to ¥0.0493, up 764.91% from ¥0.0057 in the previous year[9]. - Operating revenue for the reporting period reached ¥578,845,216.83, a 79.11% increase compared to ¥323,178,789.04 in the same period last year[23]. - The company reported a net profit of CNY 670,386,122.13, compared to CNY 633,275,932.20, reflecting an increase of about 5.9%[59]. - The company achieved a total profit of ¥38,046,508.98, compared to a loss of ¥3,467,924.69 in the previous period, indicating a strong recovery[71]. - Net profit for the current period was ¥21.97 million, compared to ¥4.24 million in the previous period, representing an increase of 418.5%[75]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,090,289,161.97, an increase of 8.51% from ¥2,847,861,829.89 at the end of the previous year[9]. - The total current assets as of March 31, 2021, amounted to 2,029,680,090 yuan, an increase from 1,901,452,443.79 yuan at the end of the previous year[50]. - Total liabilities increased to ¥871,139,491.19 from ¥765,336,357.74, reflecting a rise of approximately 13.8%[66]. - Total assets decreased to CNY 2,847,861,829.89 from CNY 2,929,328,204.58, a reduction of 2.8%[93]. - Total liabilities decreased from ¥1,254,985,333.84 to ¥1,173,518,959.15, a reduction of approximately 6.5%[96]. - Total assets increased from ¥2,831,060,611.38 to ¥2,902,869,781.35, reflecting a growth of about 2.5%[100]. Cash Flow - The net cash flow from operating activities was -¥32,086,307.67, an improvement of 42.33% compared to -¥55,635,981.66 in the same period last year[9]. - The total cash inflow from operating activities was ¥433.02 million, compared to ¥304.81 million in the previous period, marking an increase of 42.1%[79]. - The net cash flow from operating activities was negative CNY 13,115,396.46, an improvement from negative CNY 78,579,823.36 in the previous period[86]. - Cash inflow from financing activities was CNY 40,000,000.00, up 48.1% from CNY 27,000,000.00 in the previous period[89]. - The ending balance of cash and cash equivalents was CNY 263,253,283.07, compared to CNY 160,403,260.03 at the end of the previous period, reflecting a 64.1% increase[89]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 63,168[13]. - The company has a commitment from major shareholders to limit share transfers to no more than 25% of their holdings annually during their tenure[30]. - The company has committed to strict compliance with shareholder commitments regarding tax liabilities and employee housing fund contributions[30]. Investments and Derivatives - The company reported a total investment in derivatives of 6,505.59 million CNY, which accounts for 3.67% of the company's net assets at the end of the reporting period[34]. - The company engaged in foreign exchange forward contracts with a total purchase amount of 6,420.65 million CNY during the reporting period[34]. - The actual profit and loss from derivative investments for the reporting period amounted to 84.94 million CNY[34]. - The company has not engaged in any related party transactions concerning its derivative investments[34]. Operational Performance - The company is focused on normal production operations as the basis for its foreign exchange hedging activities, aiming to avoid speculative trading[39]. - The company anticipates steady growth in performance due to effective pandemic control measures and orderly business operations[42]. - The company reported a significant increase in tax and additional fees, which rose by 105.31% to ¥4,779,296.19 from ¥2,327,872.33, correlating with the increase in operating revenue[23]. Research and Development - Research and development expenses were ¥64,312,038.25, compared to ¥55,722,026.71 in the previous period, indicating an increase of approximately 15.7%[69]. - Research and development expenses for the current period were ¥24.02 million, up from ¥17.97 million in the previous period, reflecting a growth of 33.5%[75]. Legal Matters - The company is currently involved in a significant litigation case, which has been transferred to the Shenzhen Intermediate People's Court for processing[23]. - The company has not reported any litigation situations during the reporting period[33].