LEEJUN(SZ:002651)2021-04-27 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥251,924,467.09, representing a 99.78% increase compared to ¥126,098,968.82 in the same period last year[9]. - Net profit attributable to shareholders for Q1 2021 was ¥78,934,615.07, up 137.35% from ¥33,257,323.03 in the previous year[9]. - The net profit after deducting non-recurring gains and losses was ¥72,676,526.27, reflecting a 158.97% increase from ¥28,063,440.14 year-on-year[9]. - The net cash flow from operating activities was ¥78,788,193.48, showing a significant increase of 205.43% compared to ¥25,795,945.00 in the same period last year[9]. - Basic and diluted earnings per share for Q1 2021 were both ¥0.08, which is a 166.67% increase from ¥0.03 in the previous year[9]. - The company reported a profit before tax of ¥93,532,089.35, up from ¥39,439,537.52, which is an increase of approximately 137.5%[56]. - The company’s total comprehensive income for the current period was ¥79,374,225.52, compared to ¥34,194,710.74 in the previous period, representing a growth of approximately 132.5%[56]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,021,712,927.81, a 1.48% increase from ¥2,977,508,154.92 at the end of the previous year[9]. - Net assets attributable to shareholders increased by 3.84% to ¥2,458,585,410.86 from ¥2,367,567,946.56 at the end of the previous year[9]. - The company’s total assets increased significantly, with accounts receivable financing decreasing by 37.71% due to the adoption of bank acceptance for settlement[17]. - Total non-current liabilities amounted to CNY 14,302,345.43, compared to CNY 8,215,033.46, indicating an increase of 74.5%[47]. - Total liabilities decreased to CNY 563,127,516.95 from CNY 609,940,208.36, a reduction of 7.7%[47]. - The total current liabilities increased slightly from CNY 601,725,174.90 to CNY 605,111,000.52, with an adjustment of CNY 3,385,825.62[71]. Shareholder Information - The total number of shareholders at the end of the reporting period was 29,701, with the top ten shareholders holding a combined 75.69% of the shares[14]. - The largest shareholder, He Yamin, holds 32.34% of the shares, followed by He Jia with 28.04%[14]. Cash Flow - The company experienced a 278.31% increase in net cash and cash equivalents, amounting to CNY 37,409,303.84, attributed to higher cash receipts from sales[21]. - Cash inflow from operating activities totaled ¥231,262,853.76, up from ¥129,530,231.65, indicating a rise of about 78.5%[64]. - The cash outflow from operating activities was ¥152,474,660.28, compared to ¥103,734,286.65 in the prior period, reflecting an increase of approximately 46.9%[64]. - The total cash and cash equivalents at the end of the period amounted to ¥451,583,096.34, down from ¥575,431,292.37[64]. Expenses - Research and development expenses rose by 132.31%, reflecting the company's increased investment in R&D projects[17]. - The company reported a significant increase in sales expenses by 43.25%, mainly due to higher technical service fees and increased business hospitality expenses compared to the previous year[17]. - The increase in sales expenses was notable, rising to ¥8,933,544.50 from ¥6,236,164.31, which is an increase of about 43.3%[56]. Future Projections - The company forecasts a net profit attributable to shareholders of RMB 117.76 million to RMB 152.39 million for the first half of 2021, representing a year-on-year increase of 70% to 120%[35]. - Basic earnings per share are expected to increase from RMB 0.07 to RMB 0.11 to RMB 0.15, reflecting a growth of 57.14% to 114.29%[35]. Regulatory and Compliance - The company has not conducted an audit for the first quarter report of 2021[78]. - The company has implemented the new lease accounting standards starting from 2021, affecting the financial statements[71].