Eurocrane(603966)2021-04-27 16:00Financial Performance - Net profit attributable to shareholders increased by 119.81% to CNY 13,708,572.22 year-on-year[7] - Operating revenue rose by 34.42% to CNY 272,372,795.42 compared to the same period last year[7] - Basic earnings per share increased by 133.33% to CNY 0.07 compared to the same period last year[7] - Net profit after deducting non-recurring gains and losses surged by 196.25% to CNY 10,511,716.41[7] - Operating profit for Q1 2021 was CNY 16,683,029.75, representing a 60.5% increase from CNY 10,372,667.41 in Q1 2020[25] - The company reported a net profit of CNY 16,683,029.75 for Q1 2021, compared to CNY 10,372,667.41 in Q1 2020, indicating a growth of 60.5%[25] - The net profit for Q1 2021 reached CNY 15,055,750.55, up 14.4% from CNY 13,163,857.76 in the same period last year[30] - The total profit for Q1 2021 was CNY 17,613,151.14, which is an increase of 10.8% from CNY 15,897,266.96 in Q1 2020[29] Revenue and Costs - Total operating revenue for Q1 2021 was CNY 272,372,795.42, an increase of 34.3% compared to CNY 202,632,643.41 in Q1 2020[25] - Total operating costs for Q1 2021 were CNY 258,631,921.44, up 34.4% from CNY 192,414,315.98 in Q1 2020[25] - The company's operating revenue for Q1 2021 was CNY 152,221,257.39, representing an increase of 21.7% compared to CNY 125,127,773.75 in Q1 2020[29] Cash Flow - Net cash flow from operating activities increased by 40.58% to CNY 40,530,389.29 year-on-year[7] - Cash inflow from operating activities totaled CNY 330,196,953.69, an increase from CNY 292,644,074.06 in Q1 2020[31] - The net cash flow from operating activities for Q1 2021 was CNY 30,825,433.85, an increase of 55.8% compared to CNY 19,794,528.02 in Q1 2020[33] - Cash inflow from operating activities totaled CNY 318,801,965.22, up 82.7% from CNY 174,349,984.85 in the same period last year[33] - The total cash outflow for operating activities was CNY 287,976,531.37, which is a substantial increase from CNY 154,555,456.83 in the previous year[33] Assets and Liabilities - Total assets increased by 2.25% to CNY 2,896,451,359.18 compared to the end of the previous year[7] - The total assets as of March 31, 2021, amounted to CNY 2,312,659,273.40, compared to CNY 2,132,572,781.26 at the end of 2020, reflecting a growth of 8.4%[23] - Total liabilities as of March 31, 2021, were CNY 1,202,171,065.65, an increase of 13.1% from CNY 1,063,331,988.07 at the end of 2020[23] - The total current liabilities increased to CNY 1,207,155,665.55 from CNY 1,159,681,427.45, indicating a rise in short-term obligations[18] Shareholder Information - The total number of shareholders reached 12,523 at the end of the reporting period[11] - The largest shareholder, Jin Hongping, holds 22.84% of the shares, with 48,724,312 shares pledged[11] Research and Development - Research and development expenses rose by 71.52% to CNY 15,684,608.50 from CNY 9,144,472.73, reflecting increased investment in R&D[13] - Research and development expenses for Q1 2021 were CNY 15,684,608.50, an increase of 71.5% from CNY 9,144,472.73 in Q1 2020[25] - Research and development expenses increased significantly to CNY 7,433,779.81, a rise of 115.5% compared to CNY 3,455,815.65 in Q1 2020[29] Investment Activities - Investment activities generated a net cash flow of -CNY 114,304,409.64, a significant decrease of 360.60% compared to CNY 43,861,762.52 in the previous period, primarily due to increased investments[14] - The company reported a decrease in other comprehensive income, with a net amount of CNY -519,033.59 in Q1 2021 compared to CNY 563,452.98 in Q1 2020[29] - The company reported a net cash outflow from investing activities of CNY -22,679,277.60, worsening from CNY -12,981,005.10 in Q1 2020[33] Financial Expenses - The financial expenses turned negative at -CNY 1,163,809.77, a change of -123.32% from a previous gain of CNY 4,990,187.31, due to accrued interest expenses on convertible bonds[13] - The company's financial expenses included interest expenses of CNY 3,463,651.23, a significant increase from CNY 222,454.97 in the previous year[29]