JOINTAS(SZ:002909)2021-04-28 16:00Financial Performance - The company's operating revenue for Q1 2021 was CNY 295,379,056.07, representing a 136.81% increase compared to CNY 124,732,979.02 in the same period last year[7]. - Net profit attributable to shareholders was CNY 3,397,447.50, a significant increase of 261.30% from CNY 940,339.99 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was CNY 2,205,017.53, up 65.17% from CNY 1,335,016.39 in the previous year[7]. - The basic earnings per share increased by 98.33% to CNY 0.0119 from CNY 0.0060 in the same period last year[7]. - Revenue for the first quarter reached ¥295,379,056.07, a 136.81% increase compared to the previous period due to recovery from the pandemic[16]. - The company reported a total of ¥4,310,205.41 in total profit for Q1 2021, compared to ¥1,480,267.13 in Q1 2020, marking a substantial increase[51]. - The net profit for the first quarter of 2021 was CNY 5,303,044.73, a significant increase from CNY 946,428.95 in the same period last year, representing a growth of approximately 460%[55]. - Operating profit reached CNY 5,965,823.16, compared to CNY 2,069,075.35 in the previous year, indicating an increase of about 188%[55]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,696,260,325.32, reflecting a 2.86% increase from CNY 1,649,087,552.24 at the end of the previous year[7]. - The total amount of funds allocated for projects is RMB 27,737.48 million, with 16.79% of the funds utilized[31]. - Total current assets amounted to CNY 1,055,008,823.47, a slight increase from CNY 1,043,782,431.84 on December 31, 2020, representing a growth of approximately 1.2%[40]. - Total non-current assets reached CNY 641,251,501.85, compared to CNY 605,305,120.40, marking an increase of about 5.9%[41]. - The company's total liabilities reached CNY 842,441,270.99, compared to CNY 779,819,495.84, indicating an increase of approximately 8%[42]. - Total liabilities increased to ¥828,399,116.52 from ¥752,427,673.80, indicating a rise in financial obligations[50]. - The total equity attributable to shareholders decreased to CNY 845,559,492.88 from CNY 860,795,882.28, a decline of about 1.8%[44]. Cash Flow - The net cash flow from operating activities improved by 42.56%, with a net outflow of CNY 43,290,098.41 compared to CNY 75,363,843.61 in the same period last year[7]. - The cash inflow from sales of goods and services was CNY 191,117,986.10, compared to CNY 127,359,877.31 in the previous year[58]. - The company incurred a total cash outflow of CNY 111,952,911.83 from financing activities, compared to CNY 28,548,369.59 in the same period last year[60]. - The cash flow from financing activities showed a net outflow of -19,952,911.83 CNY, a decrease from a net inflow of 7,435,630.41 CNY in the same period last year[63]. - The cash and cash equivalents at the end of the period were CNY 404,202,997.21, down from CNY 493,941,007.38 at the beginning of the period[60]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,794[11]. - The largest shareholder, Guangzhou Antai Chemical Co., Ltd., held 40.02% of the shares, totaling 106,661,153 shares[11]. - The company completed a non-public offering of 32,715,375 shares at ¥9.17 per share, raising approximately ¥300 million in total funds[19]. - The company plans to implement a second employee stock ownership plan, allowing employees to hold up to 10% of the total share capital[22]. Investments and Expenditures - The company has allocated RMB 20,387.48 million for the annual production of 80,000 tons of neutral silicone sealant and 30,000 tons of modified silicone sealant, with only 4.80% of the funds utilized[31]. - The company has allocated RMB 7,350 million for the annual production of 15,000 tons of two-component silicone rubber and 8,000 tons of alkyl silicone oil, with 50.05% of the funds utilized[31]. - The company has invested RMB 19,892.22 million in bank financial products using temporarily idle raised funds, with no overdue amounts[33]. - The company reported a significant increase in intangible assets, which surged by 585.81% to ¥258,538,361.90 due to the acquisition of land use rights[16]. Research and Development - Research and development expenses increased by 57.07% to ¥9,492,433.65, reflecting higher personnel costs in R&D[16]. - Research and development expenses for Q1 2021 were ¥9,492,433.65, up from ¥6,043,567.20 in the previous year, highlighting the company's commitment to innovation[50]. Compliance and Governance - The company has no overdue commitments from controlling shareholders or related parties during the reporting period[27]. - The company has no violations regarding external guarantees during the reporting period[34]. - The company has no significant contracts or major liabilities during the reporting period[32]. - The company has not audited its first-quarter report[73].