Increase(SZ:300713)2021-04-26 16:00Financial Performance - The company's revenue for Q1 2021 was ¥47,026,046.48, representing a 76.36% increase compared to ¥26,664,338.34 in the same period last year[8] - Net profit attributable to shareholders was ¥1,936,006.34, a significant turnaround from a loss of ¥2,137,168.61 in the previous year, marking a 190.59% improvement[8] - The net profit after deducting non-recurring gains and losses was ¥339,867.94, compared to a loss of ¥1,698,632.40 in the same period last year, reflecting a 120.01% increase[8] - The company's basic earnings per share (EPS) improved to ¥0.0135 from a loss of ¥0.0149, indicating a 190.59% increase[8] - The company achieved operating revenue of CNY 47,026,046.48, a 76.36% increase compared to CNY 26,664,338.34 in the same period last year[21] - The net profit attributable to shareholders was CNY 1,936,006.34, a 190.59% increase from a net loss of CNY 2,137,168.61 in the previous year[21] - The operating profit for Q1 2021 was CNY 2,747,258.15, up from CNY 1,135,290.36 in the previous period[50] - The net profit for Q1 2021 reached CNY 3,108,158.66, compared to CNY 1,127,919.04 in the same period last year, reflecting a strong performance[51] - The company reported a profit before tax of CNY 2,870,624.65 for Q1 2021, compared to CNY 313,586.51 in the previous period[50] - The company reported a total comprehensive income of CNY 3,108,158.66 for Q1 2021, compared to CNY 1,127,919.04 in the previous period[51] Assets and Liabilities - The total assets at the end of the reporting period were ¥936,529,051.66, a 1.12% increase from ¥926,196,289.39 at the end of the previous year[8] - The net assets attributable to shareholders were ¥722,199,571.69, up 0.27% from ¥720,263,565.35 at the end of the previous year[8] - Total assets increased by 1.12% to CNY 936,529,051.66 from CNY 926,196,289.39 at the end of the previous year[21] - The total liabilities increased to CNY 213,265,967.02 from CNY 205,932,724.04, reflecting a rise in short-term borrowings and accounts payable[38] - Long-term borrowings rose significantly to CNY 29,338,251.83 from CNY 17,988,356.65, indicating increased leverage[42] - The total equity attributable to shareholders increased to CNY 722,199,571.69 from CNY 720,263,565.35, reflecting a stable equity position[39] Cash Flow - The company reported a net cash flow from operating activities of -¥646,829.11, a decline of 103.73% compared to ¥17,358,383.87 in the same period last year[8] - The net cash flow from operating activities was CNY -646,829.11, a decrease of 103.73% compared to CNY 17,358,383.87 in the previous year[20] - Cash inflow from operating activities totaled CNY 64,316,029.49, a decrease from CNY 75,372,940.52 in the previous period[53] - Net cash outflow from operating activities was CNY -646,829.11, compared to a net inflow of CNY 17,358,383.87 in the prior period[54] - Cash inflow from investment activities was CNY 87,349,418.99, significantly lower than CNY 213,528,949.34 in the previous period[54] - Cash inflow from financing activities amounted to CNY 12,459,895.18, up from CNY 3,000,000.00 in the previous period[55] - Net cash flow from financing activities was CNY 12,164,284.88, compared to CNY 79,828.41 in the prior period[55] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,584[12] - The company has not reported any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[25] Investments and Projects - The company has plans for market expansion and new product development, although specific figures were not disclosed in the report[44] - The company is currently undergoing acceptance and renovation work for its projects, which have faced delays due to various factors including the pandemic[28] - The company is in the process of investing in a joint venture as part of its strategic initiatives announced on March 29, 2021[24] Research and Development - Research and development expenses for Q1 2021 were CNY 7,421,942.13, compared to CNY 6,274,136.83 in the previous period, indicating continued investment in innovation[49] Other Financial Metrics - The company experienced a decrease in financial expenses, reporting CNY -555,190.87 in Q1 2021, compared to CNY -1,315,867.25 in the previous period[49] - The investment income for Q1 2021 was CNY 145,865.01, down from CNY 188,380.85 in the previous period[49]