JQH(SZ:002885)2021-04-23 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥346,543,645.92, representing a 51.92% increase compared to ¥228,116,706.68 in the same period last year[7] - The net profit attributable to shareholders was a loss of ¥6,657,699.89, a decrease of 207.60% from a profit of ¥6,187,240.49 in the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥9,532,447.70, down 260.32% from ¥5,945,947.04 in the same period last year[7] - The total operating revenue for the first quarter of 2021 was CNY 346,543,645.92, compared to CNY 228,116,706.68 in the same period last year, indicating a significant increase[35] - The total comprehensive income for Q1 2021 was a loss of CNY 5,607,378.11, compared to a profit of CNY 5,954,437.00 in Q1 2020[38] - Net profit for Q1 2021 was a loss of CNY 6,274,477.55, compared to a profit of CNY 5,583,049.62 in Q1 2020, indicating a significant decline in profitability[37] Cash Flow - The net cash flow from operating activities was a negative ¥26,693,638.73, a decline of 144.23% compared to ¥60,346,202.01 in the previous year[7] - The total cash inflow from operating activities was CNY 428,284,301.35, an increase from CNY 372,603,195.28 in the previous period, representing a growth of approximately 15.0%[45] - The net cash outflow from operating activities was CNY -26,693,638.73, compared to a net inflow of CNY 60,346,202.01 in the previous period, indicating a significant decline in operational cash flow[45] - Cash received from sales of goods and services amounted to CNY 392,229,604.32, up from CNY 361,155,274.89, reflecting an increase of about 8.5%[43] - The company received tax refunds amounting to CNY 26,451,859.59, significantly higher than CNY 4,122,483.02 in the previous period, representing an increase of about 541.5%[43] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,636,984,625.87, an increase of 0.51% from ¥1,628,676,179.23 at the end of the previous year[7] - The total liabilities increased to CNY 842,610,577.79 from CNY 827,738,750.84, reflecting a rise in short-term borrowings and accounts payable[29] - The total owner's equity was CNY 800,937,428.39, with a capital reserve of CNY 240,567,599.06[52] - The company's total assets were CNY 1,649,201,677.05 as of January 1, 2021, showing an increase of CNY 20,525,497.82[52] - The total liabilities increased by CNY 20,525,497.82 due to the adjustment from the new leasing standard[52] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,157[11] - The basic and diluted earnings per share were both -¥0.04, a decrease of 233.33% from ¥0.03 in the same period last year[7] - The equity attributable to shareholders of the parent company was CNY 795,525,958.23, down from CNY 802,472,560.88[30] Expenses and Investments - The company's gross profit margin decreased due to rising material costs, with operating costs increasing by 63.40% to RMB 314,641,145.48[15] - Research and development expenses rose by 60.94% to RMB 19,511,561.03, reflecting increased investment in R&D[15] - The company reported a significant increase in investment income, which surged by 1605.13% to RMB 5,918,217.94, mainly due to the settlement of foreign exchange forward contracts[15] - The company incurred financial expenses of CNY 1,617,729.38 in Q1 2021, compared to a financial income of CNY -425,322.83 in Q1 2020[36] Inventory and Receivables - The inventory increased to CNY 212,197,770.12 from CNY 180,603,074.53, indicating potential growth in production or sales[30] - The accounts receivable decreased to CNY 500,869,865.27 from CNY 548,044,555.60, showing improved collection efficiency[30] - The balance of receivables financing increased by 36.85% to RMB 51,779,588.49, driven by increased sales[15]