ALD(SZ:300696)2021-04-23 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥108,405,578.60, representing a 121.51% increase compared to ¥48,939,573.68 in the same period last year[9]. - Net profit attributable to shareholders was ¥46,815,676.99, up 76.89% from ¥26,466,211.32 year-on-year[9]. - The net profit after deducting non-recurring gains and losses was ¥45,975,671.60, reflecting a 96.72% increase from ¥23,371,691.65 in the previous year[9]. - The basic earnings per share increased to ¥0.26, a rise of 73.33% compared to ¥0.15 in the same period last year[9]. - The total profit for the period was ¥54,737,729.25, marking an 80.16% increase compared to the previous period, attributed to business growth[18]. - The operating profit for the quarter was CNY 54,737,729.25, up from CNY 30,382,991.62, indicating a growth of 80.0% year-over-year[50]. - The total operating revenue for the first quarter of 2021 was CNY 108,405,578.60, compared to CNY 48,939,573.68 in the same period last year, representing a significant increase[44]. - The total operating costs amounted to CNY 48,706,689.82, up from CNY 21,219,901.07 year-on-year[45]. - The net profit for the first quarter was CNY 46,815,676.99, compared to CNY 26,466,211.32 in the previous year, indicating a growth of approximately 77.2%[46]. - The total comprehensive income for the quarter was CNY 46,815,676.99, compared to CNY 26,466,211.32 in the previous year, showing a growth of 77.5%[51]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,128,487,925.81, which is a 2.18% increase from ¥1,104,389,874.23 at the end of the previous year[9]. - The company's total equity increased to CNY 1,009,671,672.43 from CNY 961,430,062.00, reflecting a growth of approximately 5.0%[39]. - The company's accounts receivable increased by 59.77% to ¥15,636,575.01, primarily due to substantial business growth and increased settlement of accounts[18]. - The company's cash and cash equivalents increased to CNY 173,941,365.06 from CNY 149,835,036.06, representing a growth of about 16.1%[36]. - Accounts receivable rose to CNY 352,354,786.79 from CNY 293,289,287.94, indicating an increase of approximately 20.1%[36]. - The total current liabilities decreased to CNY 74,623,942.28 from CNY 83,228,882.94, a reduction of about 10.1%[38]. - Long-term borrowings were reduced to CNY 15,000,000.00 from CNY 30,000,000.00, showing a decrease of 50%[38]. - Inventory decreased slightly to CNY 156,048,150.98 from CNY 157,728,323.65, a decline of about 1.1%[36]. Cash Flow - The net cash flow from operating activities was -¥4,475,032.22, an improvement of 50.20% from -¥8,986,629.67 in the same period last year[9]. - The cash flow from operating activities improved by 50.20%, with a net cash outflow of ¥4,475,032.22, reflecting better collection of sales proceeds[20]. - The cash flow from operating activities showed a net outflow of CNY -4,475,032.22, an improvement from CNY -8,986,629.67 in the previous year[54]. - The cash flow from investment activities generated a net inflow of CNY 28,906,861.22, compared to a net outflow of CNY -69,274,772.80 in the same quarter last year[55]. - The total cash outflow from investment activities was CNY 22,160,144.00, compared to CNY 316,530,846.20 in the previous year, indicating a reduction in investment spending[55]. - The net cash flow from investing activities was 28,906,861.22, compared to a negative 69,274,772.80 in the previous period[58]. - The total cash outflow from financing activities was 325,500.00, down from 521,405.66 in the previous period[58]. - The net increase in cash and cash equivalents was 24,106,329.00, contrasting with a decrease of 78,782,808.13 in the previous period[58]. - The ending balance of cash and cash equivalents was 173,941,365.06, compared to 36,998,075.27 in the previous period[58]. Research and Development - Research and development expenses surged by 93.90% to ¥3,333,781.50, indicating a focus on enhancing product development capabilities[18]. - The company reported a research and development expense of CNY 3,333,781.50, up from CNY 1,719,305.86 in the previous year, reflecting a focus on innovation[45]. Risks and Future Outlook - The company faced risks related to industry policy adjustments and intensified market competition, which could impact future operations[22]. - The company has identified potential risks related to accounts receivable recovery and inventory turnover, which could affect liquidity and operational stability[25][26]. - The company is committed to enhancing production efficiency and optimizing equipment configuration to meet growing market demands[21]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[46]. Compliance and Governance - The company reported no violations regarding external guarantees during the reporting period[29]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[30]. - The company did not engage in any research, communication, or interview activities during the reporting period[31]. - The first quarter report was not audited[59]. - The company did not apply the new leasing standards for the first quarter of 2021[59]. - The company’s legal representative is Fan Qingxin[60].