JIT(SZ:003029)2021-04-28 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥64,599,921.29, representing a 92.54% increase compared to ¥33,551,082.51 in the same period last year[7]. - The net profit attributable to shareholders was -¥18,510,175.96, a decrease of 33.19% from -¥13,897,255.56 year-over-year[7]. - The net cash flow from operating activities improved by 23.54%, reaching -¥59,001,127.50 compared to -¥77,161,004.13 in the previous year[7]. - The basic and diluted earnings per share remained at -¥0.10, unchanged from the previous year[7]. - The company reported a total comprehensive loss of CNY 15,545,003.49 for Q1 2021[41]. - Total operating revenue for Q1 2021 was CNY 64,599,921.29, a significant increase from CNY 33,551,082.51 in the previous period[38]. - Net loss for Q1 2021 was CNY 17,313,439.12, compared to a net loss of CNY 13,235,177.50 in the same period last year[40]. - Total equity as of Q1 2021 was CNY 1,298,205,134.95, slightly down from CNY 1,302,349,023.49[39]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,639,162,062.67, down 3.68% from ¥1,701,793,425.35 at the end of the previous year[7]. - The total non-current assets increased to CNY 72,776,137.89, up from CNY 56,066,127.49, representing a growth of 29.83%[31]. - Current liabilities decreased to CNY 379,613,762.16, down 12.59% from CNY 434,376,520.46[32]. - The total liabilities decreased to CNY 390,296,534.90 from CNY 435,302,381.59, a reduction of 10.35%[32]. - The total equity attributable to shareholders decreased to CNY 1,233,202,387.66 from CNY 1,252,024,640.49, a decline of 1.51%[33]. - Cash and cash equivalents as of March 31, 2021, were CNY 1,096,864,863.28, down from CNY 1,162,192,304.76, a decrease of 5.63%[30]. - The company reported a decrease in employee compensation payable to CNY 25,234,932.94 from CNY 38,109,730.66, a reduction of 33.73%[32]. Cash Flow - The company incurred a net cash outflow from investment activities of RMB -2,666,648.98, a 155.20% increase compared to RMB -1,044,919.00, due to higher prepayments for equipment[21]. - The net cash flow from financing activities was RMB -1,098,665.00, a significant decline of 1871.14% from RMB -55,737.50, primarily due to payments related to the initial public offering[21]. - Operating cash inflow for the period was 165,882,036.78 CNY, significantly up from 53,000,176.25 CNY year-over-year[47]. - Total cash outflow from operating activities was 224,883,164.28 CNY, compared to 130,161,180.38 CNY in the same period last year[47]. - The company received tax refunds amounting to 5,163,676.75 CNY, compared to 3,482,722.36 CNY in the previous year[46]. Shareholder Information - The company reported a total of 28,997 common shareholders at the end of the reporting period[11]. - The top shareholder, Jilin Province Bowei Industrial Co., Ltd., holds 11.61% of the shares, totaling 20,937,500 shares[11]. Research and Development - The company confirmed development expenditures of RMB 1,377,416.14 for R&D costs that met capitalization criteria[16]. - Research and development expenses for Q1 2021 were CNY 13,304,988.60, down from CNY 14,832,786.43 in the previous period[39]. Compliance and Standards - The company adopted new leasing standards in 2021, impacting the asset and liability adjustments[57]. - The company implemented new leasing standards in 2021, adjusting the balance sheet items accordingly[60]. - The first quarter report was not audited[62].