JFLB(SZ:002762)2021-04-29 16:00Financial Performance - The company's revenue for Q1 2021 was ¥62,824,319.47, representing a 19.80% increase compared to ¥52,439,242.82 in the same period last year[8]. - Net profit attributable to shareholders reached ¥6,839,369.15, a significant increase of 812.72% from ¥749,341.11 in the previous year[8]. - The net profit after deducting non-recurring gains and losses was ¥4,715,581.10, up 1,184.09% from a loss of ¥434,982.35 in the same period last year[8]. - Basic earnings per share increased to ¥0.019, an 850.00% rise from ¥0.002 in the same period last year[8]. - Operating profit rose by 256.27% to ¥7,546,601.76 from ¥2,118,250.73, driven by a revenue increase of ¥10.39 million, a growth of 19.8% year-on-year[15]. - Net profit increased by 846.83% to ¥6,761,992.64 from ¥714,174.06, also due to the revenue increase of ¥10.39 million, a growth of 19.8% year-on-year[15]. - The company reported a total profit of CNY 7,572,048.97 for Q1 2021, up from CNY 1,257,487.16 in the same period last year, indicating a growth of around 503%[40]. Cash Flow - The net cash flow from operating activities was ¥3,800,228.08, improving by 158.84% from a negative cash flow of ¥6,459,106.50 in the previous year[8]. - Cash flow from operating activities improved to ¥3,800,228.08 from a negative ¥6,459,106.50, reflecting better sales performance[16]. - The net cash flow from operating activities for the first quarter was ¥3,800,228.08, a significant improvement from a net outflow of ¥6,459,106.50 in the same period last year, representing a turnaround of approximately 158.8%[48]. - Total cash inflow from investment activities reached ¥292,379,681.28, compared to ¥123,215,079.46 in the previous year, marking an increase of about 137.5%[49]. - The net cash flow from investment activities was ¥119,843,662.18, up from ¥51,395,093.03 year-over-year, indicating a growth of approximately 132.8%[49]. - The company recorded a cash inflow from operating activities of CNY 77,040,053.06 in Q1 2021, compared to CNY 72,638,664.88 in the previous year, reflecting an increase of approximately 6%[47]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,081,227,766.53, a decrease of 1.95% from ¥1,102,746,528.91 at the end of the previous year[8]. - Total liabilities decreased to CNY 82,226,482.30 from CNY 109,307,537.26, a reduction of about 25%[36]. - Owner's equity increased to CNY 1,033,416,680.38 from CNY 1,023,990,980.53, reflecting a growth of approximately 0.4%[36]. - Current assets totaled CNY 701,481,297.07, down from CNY 718,208,274.70 at the end of 2020, reflecting a decrease of approximately 2.5%[33]. - Non-current assets amounted to CNY 414,161,865.61, slightly down from CNY 415,090,243.09, indicating a marginal decrease of about 0.2%[35]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,377[10]. - Major shareholders include Lin Haoliang with a 30.29% stake and Lin Ruowen with a 28.67% stake, both of whom have pledged a portion of their shares[11]. Future Projections - The company forecasts a net profit of ¥1,800,000 to ¥2,700,000 for the first half of 2021, representing a growth of 71.77% to 157.66% compared to the previous year[21]. - Basic earnings per share are expected to rise to between ¥0.05 and ¥0.08, an increase of 66.67% to 166.67% year-on-year[21]. Expenses - Research and development expenses for Q1 2021 amounted to CNY 3,031,585.97, up from CNY 2,531,947.18 in the previous year, indicating a growth of approximately 20%[43]. - Total operating costs for Q1 2021 were CNY 57,751,747.46, compared to CNY 52,570,318.17 in the previous year, representing an increase of about 10%[40]. - Sales expenses for Q1 2021 were CNY 19,013,454.56, slightly down from CNY 19,464,098.52 in the previous year, showing a decrease of about 2%[40].