TOND(002360)2021-04-26 16:00Financial Performance - The company's operating revenue for Q1 2021 was CNY 160,169,240.77, representing a 98.68% increase compared to CNY 80,618,557.66 in the same period last year[8]. - Net profit attributable to shareholders reached CNY 19,303,542.69, a significant increase of 1,184.12% from CNY 1,503,248.33 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was CNY 15,099,298.21, compared to a loss of CNY 1,765,958.29 in the previous year, marking a 955.02% improvement[8]. - Basic and diluted earnings per share were both CNY 0.05, up 1,215.79% from CNY 0.0038 in the previous year[8]. - The company's total comprehensive income for Q1 2021 was CNY 19,303,542.69, a substantial increase from CNY 1,503,248.33 in Q1 2020, reflecting a growth of 1,187.5%[42]. Cash Flow - The net cash flow from operating activities was CNY 14,577,996.60, a 241.91% increase from a negative cash flow of CNY 10,272,532.52 in the same period last year[8]. - Cash flow from operating activities generated a net amount of ¥14,577,996.60, a recovery from a negative cash flow of ¥10,272,532.52 in the previous year[50]. - Cash inflow from operating activities totaled ¥48,453,877.83, while cash outflow was ¥26,118,213.06, resulting in a positive cash flow from operations[52]. - The net cash flow from financing activities was ¥58,421,592.02, a recovery from the previous period's negative cash flow of -¥31,141,875.01[54]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,788,402,058.34, reflecting a 3.11% increase from CNY 1,734,499,871.41 at the end of the previous year[8]. - The company's total assets reached RMB 1,788.40 million as of March 31, 2021, compared to RMB 1,734.50 million at the end of 2020, indicating an increase of about 3.1%[32]. - The total liabilities increased to RMB 456.65 million as of March 31, 2021, up from RMB 421.10 million at the end of 2020, reflecting a rise of approximately 8.5%[33]. - The total liabilities as of March 31, 2021, were CNY 459,503,059.21, compared to CNY 373,522,551.07 at the end of 2020, representing an increase of 23.0%[38]. Investments and Financing - The company raised a total of RMB 1,442.8 million through the issuance of convertible bonds, with a net amount of RMB 1,359.268 million after deducting issuance costs[22]. - The company has converted CNY 35,337,900 of convertible bonds into shares, with a total of 6,821,730 shares converted as of March 31, 2021[17]. - Cash inflow from financing activities reached ¥140,000,000.00, up from ¥80,000,000.00 in the prior period[54]. Research and Development - The company reported a significant increase in research and development expenses, which rose to CNY 4,185,101.56 in Q1 2021 from CNY 705,038.47 in Q1 2020, reflecting a growth of 493.5%[41]. - Research and development expenses for Q1 2021 were ¥2,142,778.50, significantly higher than ¥705,038.47 in Q1 2020, indicating increased investment in innovation[45]. Legal and Compliance - The company is currently involved in a legal dispute regarding a contract with Beijing Jinse Century, which is still under court review[17]. - The first quarter report was not audited, which may affect the reliability of the financial data presented[56]. - The company did not adjust the beginning balance sheet items due to the new leasing standards, indicating no impact on retained earnings and net assets[55].